LOS ANGELES, CA / ACCESSWIRE / March 31, 2020 / Reviv3 Procare Company (OTCQB:RVIV), a manufacturer of premium hair products formulated to restore and regenerate all hair types has announced the official launch of its subscription-based auto-delivery program.
The subscription model, which has been in beta testing since the beginning of the year, will be rolled out nationwide on April 1st to both new and existing customers. Under the program, members have the option to select customized dates of delivery and product configurations across all of Reviv3's product lines. The program will also include discounts and various other benefits which will be introduced to VIP members in the coming weeks and months. Best of all, it allows for customers to safely receive delivery of Reviv3 product without disruption or having to leave their homes.
"We are very encouraged with the initial results of this program which has been created and refined for over six months based on customer data and feedback. We believe our subscription program will have a meaningful impact in the expansion of our customer base as well as providing increased visibility of our revenue and earnings projections," stated Donald Starace, President of Reviv3, adding, "This program, along with several other initiatives which we plan to launch this year, are designed to significantly expand our customer base which in turn increases our direct sales revenue. Ultimately, this allows Reviv3 to position itself as a one-stop destination for hair care products."
According to the Subscription Economy Index (SEI), subscription-based purchases have increased by over 350% since 2012 with the lowest customer churn rates across all sectors. Reviv3 VIP Subscription program is available through www.reviv3.com at point of purchase and will be a strategic part of Reviv3's on-going marketing efforts.
About Reviv3 Procare Company
Reviv3 Procare Company is engaged in the manufacturing, marketing, sale, and distribution of premium quality hair and skin care products under various trademarks and brands. We are committed to using the highest quality active ingredients found in nature to create clinically proven, professional grade products that simply work. Our products are sold in targeted markets in the United States, Canada, Europe, and Asia. Visit us at: www.reviv3.com
Contact: ir@reviv3.com
Tel: (888) 638-8883
Forward-Looking Statements
This press release contains a number of forward-looking statements within the meaning of the federal securities laws. The use of words such as "anticipates," "expects," "intends," "plans," "confident that" and "believes," among others, generally identify forward-looking statements.
These forward-looking statements are based on currently available information, and management's belief, projections, and current expectations subject to a number of significant risks and uncertainties. Factors that could cause actual results to differ materially from those in the forward-looking statements include, among other things: (i) Reviv3's ability to grow net sales and adjusted EBITDA as anticipated; (ii) our ability to fund our operating expenses (iii) potential difficulties or delays Reviv3 may experience in implementing its cost savings and efficiency initiatives; (iv) Reviv3's ability to compete effectively with other hair and skin care companies (v) the concentration of Reviv3's customers, potentially increasing the negative impact to Reviv3 by changing purchasing or selling patterns (vi) changes in laws or regulations in the United States and/or in other major markets, such as China, in which Reviv3 operates, including, without limitation, with respect to taxes, tariffs, trade policies or product safety, which may increase Reviv3's product costs and other costs of doing business, and reduce Reviv3's earnings. Potential investors are urged to consider these factors carefully in evaluating the forward-looking statements. These forward-looking statements speak only as of the date hereof. Except as required by law, Reviv3 does not assume any obligation to update or revise these forward-looking statements for any reason, even if new information becomes available in the future.
SOURCE: Reviv3 Procare Company
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