The Spence Company Essays

The Spence Company Essays The Spence Company Essay The Spence Company Essay Spence Company Announces New Natural Supplement Websitedate. In a joint venture with HerbalBiz, a natural supplement distributor and manufacturer, Spence Company launched a new online store at www.supplementpure.com, with products targeted towards General Skin Care, Weight Loss, Men’s Health, Women’s Health, and other General Health products, including vitamins, diet supplements, and other products for general well-being. Specific product offers include Hoodia, Nicocure, Dietrine, and Revitol.Spence Company seeks to become part of the multi-billion dollar health-supplement industry. After months of scouting for feasible business opportunities, CEO Mike Spence finally discovered HerbalBiz, which according to him â€Å"†¦can help our company compete in the expanding herbal supplement market.† Spence adds, â€Å"With a growing baby-boomer population health supplements and products will be in greater demand.†Spence also cites the â€Å"excellent standard s in quality control† that HerbalBiz practices, pointing out that HerbalBiz conforms to the Good Manufacture Practices of the FDA.Spence Company plans to invest in and launch more online businesses in the future.A trade and investment firm in DeKalb, IL, Spence Company specializes in the import/export trade and media, and has various investments. Spence Company also offers media sponsorships and many investor opportunities.