- Sharing
Services owns, operates or controls an interest in companies specializing
in the direct selling industry
- The
company has its unique ‘Blue Ocean Strategy’ to promote successful
entrepreneurship
- Direct
Selling continues to be a major growth industry
Texas-based Sharing Services, Inc. (OTC: SHRV) focuses on
direct selling. The company owns, operates or controls an interest in an array
of companies specializing in the direct selling industry. Sharing Services’
mission is to transform the direct selling industry model by creating a
diversified holdings company that maintains an ownership interest in numerous
direct selling operations. Its mission relies heavily on its implemented ‘Blue
Ocean Strategy’.
Sharing Services’ subsidiaries either sell products directly
to consumers via independent representatives or offer services. These services
include health and wellness, travel, auto and home insurance, life and health
insurance, energy brokerage and training. The United States is the world’s
largest direct selling market, and, in 2017, 18.6 million people were involved
in direct selling in the U.S. (http://ibn.fm/IVPBy).
The company’s ‘Blue Ocean Strategy’ combines important
components together to execute its mission. This includes elevating home-based
entrepreneurs, called “Elepreneurs” (Elevated Entrepreneurs), using direct
selling channels to generate 100 percent organic growth while creating as many
successful independent business leaders as possible. Elepreneurs, LLC is a 100
percent wholly owned subsidiary of Sharing Services. The aim of Elepreneurs is
to contract with companies to promote and sell products by employing a direct
selling model.
Direct Selling is a growth industry that gives individuals
the opportunity to be independent entrepreneurs. Direct Selling News
reported (http://ibn.fm/KgTkC)
that, “In 2017, global direct selling recorded US$189.6 billion (2017 constant
U.S. dollars) in estimated retail sales – a 1.6 percent increase over 2016 –
and up nearly $20 billion since 2014, resulting in a 3.7% compound annual
growth rate over the 3-year period from 2014 to 2017.”
Recently, Sharing Services signed a joint venture agreement
with Health Wealth & Happiness Limited (“HWH”). The focus of this agreement
is to expand the company’s “Elepreneurs” brand and market its products in Asia.
“Elepreneurs Asia Limited” is the name of the newly created company. The joint
venture anticipates market openings throughout Asia, leveraging marketing and
sales rights in China, Hong Kong, Macau, South Korea, Japan, Taiwan, Cambodia,
Indonesia, Laos, Malaysia, the Philippines, Singapore, Thailand, Vietnam and
Papua, New Guinea.
Sharing Services also recently announced that its wholly
owned subsidiary, Elevacity Global, LLC, will launch its product line in
Australia and New Zealand. Plans to complete the process this year to meet consumer
demand are being fast-tracked. In a news release, Robert Oblon, chairman of
Sharing Services, stated, “I am confident that the team of professionals we are
working with in Australia and New Zealand will successfully launch our
products. We are pleased to continue our ‘Blue Ocean Strategy’ philosophy on
the other side of the globe.”
With its aggressive business strategy, Sharing Services is
revolutionizing the direct selling industry. The company has grown by more than
10,000 independent sales representatives over the last several months because
of its emphasis on helping people become independent business leaders. It is
working to mesh Elepreneurs with the Sharing Service brand to establish
creative interaction that drives corporate success and develops successful
entrepreneurs.
For more information, visit the company’s website at www.SharingServicesInc.com
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