Business
Herborium® Reports 23% Increase in Sales for Second Quarter of 2017
Herborium® Reports 23% Increase in Sales for Second Quarter of 2017.
About this update from Herborium Group, Inc.
[{"type":"text","content":"Fort Lee, N.J. , June 8, 2017: Herborium® Group, Inc. (OTC Pink: HBRM), www.Herborium.com, a Botanical Therapeutics® Company and the provider of unique all botanical medicinal products (Botanical Therapeutics®) that target dermatological issues such as acne, and other health and wellness concerns, announced today that initial review of the Second Quarter of 2017 shows 23% increase in Company’s sales is in comparison to the same period of 2016. . \n\nThe 23% increase in Herborium’s revenue marks the15th consecutive quarter of sales growth of the Company’s proprietary, all herbal ingredients based acne treatment AcnEase and is attributed to successful execution of the specific aspects of Herborium Marketing Strategy\n\n\nOpening of Hispanic Market in March 2017. \n\n$1.4 trillion Hispanic market is an ideal match for Herborium products and account for over 15% of the US e-commerce market. Hispanic purchasing power has increased at a compound annual growth rate of 7.5%, which is more than twice as fast as the 2.8% growth rate in the total U.S. \n\n\nIncreasing the wholesale distribution.\nIncreasing Amazon sales \nVery successful Social Media Strategy:\n\n\n\nAcnEase US Facebook exceeds now 85,000 likes and AcnEase France Facebook exceeds 75,000 likes. AcnEase Spanish Facebeook grew 5000% in first 6 weeks after it has been launched \nAcnEase Blog has be ranked No 1 acne skincare blog on Internet the 3rd consecutive year ( 2015, 2016, 2017.) \n\n\n\nOutlook for the rest of 2017:\n \nHerborium remains very optimistic about further growing its business, sales and product awareness in the US and abroad for the remaining half of 2017. , \nThe Company continues its efforts to increase market penetration in both retail and wholesale sectors. \nThe global nutraceutical market was valued at about $250 billion in 2016 and is expected to reach around $385 billion by the year 2021. The United States nutraceutical market has dominated this growth, accounting for approximately 36% of this growth. Herborium is both excellently prepared and committed to take advantage of this opportunity. \n\n\nAbout Herborium Group, Inc.\nHerborium Group, Inc. is a Botanical Therapeutics® company that develops, licenses and markets proprietary, botanical based medi...