MONAT GLOBAL UK Ltd has announced plans to continue its European expansion with a June 2021 launch in Spain. This comes after successful launches in the United Kingdom, Ireland, and Poland in 2018.
“Our company’s successes in Europe have shown that social selling has quickly become a popular way for people to not only buy but also to create their own financial future,” said Ros Simmons, Senior Vice President and Managing Director for MONAT® Europe. “Based on our business development in emerging markets and study in new regions, we realize there has been a real change in consumer expectations for e-commerce companies. Our market partners’ successes in starting their own companies, their ability to spark dialogue, and their ability to motivate a larger network to act and support others, all contribute to MONAT® success. We encourage all of our Market Partners to participate and make their voices heard in the global beauty economy. We know the time is right to take MONAT® further across Europe and expand on the potential for a business model that we’re becoming known for, following the successful launch into the UK, Ireland, and Poland.”
To introduce the business model and invite founding market partners to join the company, the launch will begin with a series of virtual events and regional roadshows. In September 2021, an e-commerce launch will take place. “Since our inception in 2014, MONAT® has experienced exponential growth in the United States, fueled by our excellent research and development of premium products and providing opportunities for personal success for our business partners,” said Stuart MacMillan, President of MONAT® Global. “Our ongoing global expansion plans to introduce our goods, business model, and philosophy to new markets around Europe are supported by this additional European expansion.
According to our comprehensive analysis, Spain has a good potential to adapt our business program and ensure another fruitful expansion into Europe.”