The stock of Herborium Group, Inc (OTCMKTS:HBRM) closed at $0.00010 and maintained the same position in yesterday’s trading session. This company has over the years dedicated efforts into the manufacture of unique botanical medicinal products to help people struggling with conditions such acne scars and a wide range of other wellness concerns among both men and women.
Herborium has disclosed that it has plans underway move into the Multi Level Marketing Space popularly known as referral marketing. Talks between Herborium and two potential partners in this space have already commenced and it continues to exude confidence that it is indeed on the right track.
One of the partners has expressed interest in taking over the marketing of Herborium AcnEase Skin Management System. On the other hand, there is a well established national MLM company which has indicated that it will be concerning itself with Herborium’s Sexual Botanical Therapeutics.
The company’s spokesperson opined,” What creates an additional opportunity for Herborium products is the fact that wellness products are the highest grossing products among MLM products category and account for close to 15 % of all sales. Wellness products are also the fastest growing segment of the MLM market in the US and worldwide.”
Herborium Group is one of those companies that have been on the frontline when it comes to leveraging on the latest technological advancements towards promoting wellness around the globe. The company’s official in a recent interview admitted that along the way they had been encountering challenges.
He said those were normal in any company’s path towards achieving success. According to him, what mattered was to come up with top end products that would help enhance lives by offering the appropriate treatment to the various conditions.
A person familiar with the company’s moves who wanted his identity kept anonymous said that the company was considering working closely with other leading companies in the field in a bid to take healthcare to the next level. If everything moves according to plan, the company hopes that it will be able to generate more in the form of revenues.