NetworkNewsBreaks – Sharing Services Inc. (SHRG)
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Posted On: 07/23/2019 3:49:44 PM
NetworkNewsBreaks – Sharing Services Inc. (SHRG) Capitalizing on New Direct-Selling Opportunities Driven by Changing Retail Industry
Sharing Services Global Corporation (OTCQB: SHRG) is a multimillion-dollar operation that utilizes a home-based business entrepreneurship model. An article discussing the company reads, “A quick search of the retail industry suggests that the sector is dying, as stores such as Payless, Walgreens, JCPenney, Victoria Secret and more announce closures. However, a closer look reveals that the industry is not dying; it is merely changing. People are skipping crowded malls and shops and opting for the ease of e-commerce and the comfort of direct selling. According to Statista, the direct-selling market brought in $64 billion in the Americas, with wellness products leading the way with 33.8% of total industry sales. An estimated 20.5 million people are involved in direct selling in the United States, marking a 31% increase over a five-year period (http://nnw.fm/4wlVp). . . . The United States is also experiencing a shift toward entrepreneurship and working remotely. Companies specializing in the direct-selling industry, such as Sharing Services Global Corporation (OTCQB: SHRG), are ready for the influx. According to a comprehensive study by Upwork and Freelancers Union, freelancers are projected to make up the majority of the U.S. workforce by 2027 (http://nnw.fm/4yb4W). Freelancing is attractive because it offers individuals freedom to choose their own hours and work locations. However, the option also comes with challenges, such as a lack of health care, sick days and vacation.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Sharing Services Global Corporation (OTCQB: SHRG) is a multimillion-dollar operation that utilizes a home-based business entrepreneurship model. An article discussing the company reads, “A quick search of the retail industry suggests that the sector is dying, as stores such as Payless, Walgreens, JCPenney, Victoria Secret and more announce closures. However, a closer look reveals that the industry is not dying; it is merely changing. People are skipping crowded malls and shops and opting for the ease of e-commerce and the comfort of direct selling. According to Statista, the direct-selling market brought in $64 billion in the Americas, with wellness products leading the way with 33.8% of total industry sales. An estimated 20.5 million people are involved in direct selling in the United States, marking a 31% increase over a five-year period (http://nnw.fm/4wlVp). . . . The United States is also experiencing a shift toward entrepreneurship and working remotely. Companies specializing in the direct-selling industry, such as Sharing Services Global Corporation (OTCQB: SHRG), are ready for the influx. According to a comprehensive study by Upwork and Freelancers Union, freelancers are projected to make up the majority of the U.S. workforce by 2027 (http://nnw.fm/4yb4W). Freelancing is attractive because it offers individuals freedom to choose their own hours and work locations. However, the option also comes with challenges, such as a lack of health care, sick days and vacation.”
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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