Distance Selling consists of three operating companies; Norvital AS, Eurovita AS and Science for Life AS. These companies are managed from the same location and are run by the same business model. At the end of 2008, these companies will be merged, and do business as NorVital AS.
Norvital AS:
- Norvital AS is a fully owned subsidiary of the Company and is incorporated in Norway.
- Norvital was established in 1998 and is located in Myre, Vesterålen.
- Norvital AS markets and sells health supplement products. The sales are promoted and generated using direct marketing method.
The business model can be summarized as follow:
- Subscription - monthly, 2-monthly and 6-monthly- Customers invoiced according to subscription period
- Uses TM, DM, and internet.
Eurovita AS:
- Eurovita AS is a fully owned subsidiary of the Company and is incorporated in Norway.
- Eurovita AS markets and sells health supplement products under Eurovita brand. The sales of the company are promoted using direct marketing channels, the same way as Norvital AS.
Science for Life AS:
- Science for Life AS is a fully owned subsidiary of the Company and is incorporated in Norway.
- for Life as is located in Myre, Vesterålen.
- for Life markets and sells the product “Naturlig vitamin K2”..
- sales of the company are promoted using direct marketing channels, the same way as Norvital AS.