Sharing Services Global Corporation (SHRG), headquartered in Plano, Texas, is a diversified holdings company focused on reshaping how entrepreneurs succeed today. Sharing Services Global Corporation owns, operates or controls an interest in a variety of companies specializing in the direct selling industry that either sell products to the consumer directly through independent representatives or offer services that range from health and wellness, energy, technology, insurance services, training, media and travel benefits. SHRG has created the “Blue Ocean Strategy,” which melds three keys together to implement the company’s vision. These keys include elevating home-based entrepreneurs, known as “Elepreneurs,” utilizing the direct selling channel to generate 100 percent organic growth.
Considerations:
- Diversified holding company specializing in the direct selling industry and network marketing
- Record 20.5 million people involved in direct selling in U.S. during 2016, a 1.5% increase from previous year
- Estimated direct retail sales of $35.54 billion in 2016 is the second most in direct selling history
- Growing collaborate economy poses opportunities for direct selling with consumers giving industry 81% neutral or high favorability ratings
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