Nerium International Expanding to Puerto Rico
Nerium International has enjoyed robust growth in its first five months of existence. "We have already reached financial heights that only a small percentage of companies in this industry ever realize," says Olson. Nerium International is also the youngest company to ever be featured in Success from Home magazine.
In addition to the expansion of business, states Olson, "We are in the process of converting marketing and training materials into several languages, and Spanish is the first. With over 40 million Spanish-speaking people in the United States, Puerto Rico is a natural extension for our eventual global expansion. We're especially encouraged by the enthusiasm of our current Brand Partners who have connections in Puerto Rico."
According to Trevor Scofield, Senior Vice President of Global Operations, "You can signup Brand Partners and Customers in Puerto Rico as easily as you can sign up your neighbor."
Nerium International and Nerium SkinCare™, Inc., a subsidiary of Nerium Biotechnology, Inc. ®, of San Antonio, TX enjoy an exclusive licensing partnership. This partnership was designed with the purpose of building a global brand through the development and distribution of breakthrough products in the anti-aging skincare market.
Founded in 2006, Nerium Biotechnology, Inc. was created to fund research focused on new technology and applications of the Nerium oleander plant, with ongoing research at the University of Texas MD Anderson Cancer Center, the University of Texas at San Antonio, ST&T Research, and Louisiana State University. Use of the Nerium oleander plant has been identified in ancient texts and folklore for more than 1,500 years, but it wasn't until the last century that the scientific community took interest in researching its properties. While researching the uses of the Nerium oleander plant, Nerium Biotechnology, Inc. made an accidental discovery: Nerium oleander possesses unique qualities that produce remarkable age-defying results when applied to the skin. This discovery, with product development through Nerium SkinCare, Inc., led to the creation of the NeriumADTM skincare line.
In 2009, Nerium SkinCare, Inc. was developed as a division of Nerium Biotechnology, Inc. to provide for research, new product development, formulation, testing, and manufacturing of all skincare applications, including the patent-pending Nerium oleander extract, NAE-8™. In 2011, Nerium International partnered with Nerium SkinCare, Inc. to build a global, first-of-its-kind skincare line based on a strong, scientific foundation.
The direct sales industry generates $132 billion per year, and skincare is the dominant category in the industry. "Based on our initial success, and due to the revolutionary nature of NeriumAD, we look forward to future growth along the same trajectory of success we've enjoyed thus far."
The company has aggressive plans for both product development and further global expansion.
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