- SHRG’s
new program is expected to include the creation of Spanish versions of
websites and key marketing materials
- The
company’s goal is to empower an independent sales force to focus on a
growing Hispanic market
- SHRG’s
CEO stated that the move was requested by SHRG’s Elepreneur distributors
and is designed to build sales
Sharing Services Global Corporation (OTCQB: SHRG) has
introduced a new marketing program for the Hispanic community, which calls for
the company to create Spanish versions of key marketing materials and websites.
The goal of the program (http://ibn.fm/G8dOf)
is to broaden the customer and distributor base for SHRG’s Elepreneurs
subsidiary.
The Hispanic market is large and projected to see
significant growth in the coming years. The U.S. Census Bureau newsroom (http://ibn.fm/mzFEy) reported
that, in 2017, people of Hispanic origin numbered 58.9 million, accounting for
18.1 percent of the U.S. population. In terms of spending, Latino spending in
the United States will account for $1.8 trillion by 2020, according to a report
by Research and Markets (http://ibn.fm/z3SJz).
“We are fulfilling the need, as requested by our Elepreneurs
distributors, to have Spanish versions of electronic materials to further
expand our business in the U.S.,” Sharing Services CEO John “JT” Thatch stated
in a news release (http://ibn.fm/YUsnM).
“Our March revenues are proof that our Blue Ocean Strategy is being well
accepted in the direct-selling marketplace, and we want this growth to continue
within new markets.” In March 2019, SHRG reported record sales of $10.4 million
(http://ibn.fm/txTxh).
Based in Plano, Texas, SHRG owns, operates or controls a
variety of companies engaged in direct selling through independent sales
representatives. The company also offers services such as energy, technology
and insurance. Its divisions include Elevacity Global LLC and Elepreneur LLC.
For more information, visit the company’s website at www.SHRGInc.com
NOTE TO INVESTORS: The latest news and updates
relating to SHRG are available in the company’s newsroom athttp://ibn.fm/SHRG
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www.QualityStocks.com
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Editor@QualityStocks.com
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