Friday, September 7, 2018

Sharing Services, Inc. (SHRV) Sets Sales Record For Third Straight Month, Records Over $4 Million in Revenue

  • CEO John ‘JT’ Thatch says that SHRV’s gross sales in May represented its top monthly revenue total since the debut of the health and wellness division’s Elevacity Global product line and Elepreneur sales force last December
  • Record May revenues continue SHRV’s momentum, building on sales figures in March and April that were also notable as all-time high results
  • Chairman Robert Oblon said that execution of SHRV’s unique Blue Ocean Strategy is a factor in peak sales, and partnering with more providers will support future growth
Sharing Services, Inc. (OTC: SHRV) reported its third consecutive record gross sales month, reaching more than $4 million in May. This followed highs of $3.5 million in April and $2.4 million in March (http://nnw.fm/Y5d8d). SHRV said that its record sales are being driven by the success of its Elevacity products. May SHRV sales clocked in at the company’s best monthly total since the launch of Elevacity last December, the company said.
Elevacity is a health and wellness line that includes its D.O.S.E. products, anti-aging Elier Mud, vitamin patches designed to generate energy and the Timeless line of skincare for men and women.
SHRV is a Plano, Texas-based diversified holding company that owns, operates or controls a variety of companies engaged in direct selling through independent sales representatives. It also offers services such as energy, technology and insurance.
“We are very pleased that our sales continue to grow in the summer months, with most of the credit going to the great team at Elepreneurs and their hard work,” Thatch stated in a news release.
Blue Ocean selling is a concept of marketing in an uncontested marketplace. April sales growth built the company’s momentum on a “grand scale,” Oblon said (http://nnw.fm/Be4n7).
The company plans to grow in the future, in part, by adding more providers. It earlier signed a joint venture agreement with Hong Kong-based Health Wealth & Happiness Ltd. (“HWH”) to sell its products throughout Asia and expand its Elepreneur program (http://nnw.fm/kQmw2).
For more information, visit the company’s website at www.SharingServicesInc.com
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