OLIVEDA International, Inc. could achieve sales of 100 million dollars in the US market in the second year.

OLIVEDA International, Inc. (OTC Pink: OLVI) is embracing the D2C - Direct to Consumer - distribution concept with great success and now announces that the waterless beauty company with its subsidiary OLIVE TREE PEOPLE Inc. will grow by over 2000% year-on-year, although the first quarter of 2024 (the fiscal year starts on March 1) has not yet been completed. The parent company OLIVEDA International, Inc. also recorded growth of over 450% in the first quarter with a strong, sustained upward trend.



Information on the company's financial results has been published at https://www.otcmarkets.com/stock/OLVI/disclosure



When asked why his products are growing so fast, OLIVE TREE PEOPLE and OLIVEDA founder Thomas Lommel replied: "Because what we do makes perfect sense for most people, and the time is more than ripe for it. Out of 100 people to whom our Waterless Beauty Consultants want to explain the Waterless Beauty concept, 98 are curious and take advantage of our 365-day money-back guarantee without any risk. Of these 98 people, over 90% become absolutely convinced, loyal customers - because of the fast and life-changing results they experience with our products."



"Another reason is that more and more people are no longer willing to spend a lot of money on a product that consists of 70% water, like most products where "aqua" is the first ingredient," Thomas Lommel continues.



"We are on track to write between 50 and 100 million in our second year, our potential is almost unlimited. In the United States alone, we now sell a product every 15 seconds".



Lommel expects even greater growth in the next three years: "It is entirely possible that we will write 300 million dollars in 2025, the year in which we are aiming for an uplisting, and perhaps we will write our first billion in the fifth year. To ensure this unique growth, which makes OLIVE TREE PEOPLE the fastest growing waterless beauty brand in the USA and the rest of the world, production in Germany has been increased fivefold and we have also purchased additional olive tree cultivation land."



Nevertheless, the focus for Thomas Lommel is not on turnover, but on his holistic and sustainable philosophy. "Whether we make 5 or 500 million is not important to me personally. What drives me is this company, which I founded many years ago in my tree house and which focuses on the olive tree: From Tree to Beauty! My motivation is this beautiful cycle that we have created over the last 20 years, in which we protect the trees, the soil and the earth and leave them as nature intended. The fact that we extract the raw material for our life-changing products from our trees and bring the water that we don't use in our products to the people in Africa by building wells there - that fulfills me very much and corresponds to my understanding of holistic beauty," he explains.

OLIVE TREE PEOPLE
Neuer Zollhof 3
40221 Düsseldorf
Germany

https://olivetreepeople.com/

Frau

daniela.jambrek@oliveda.com

About OLIVEDA International, Inc.
OLIVEDA International, Inc. and its subsidiary OLIVE TREE PEOPLE Inc. as well as the European companies OLIVE TREE PEOPLE Europe AG and OLIVEDA Deutschland GmbH and Olive Tree Farmers SL were founded by the German real estate investor Thomas Lommel. With his companies, he has more than 20 years of experience in the management and organic certification of the cultivation of mountain olive trees, in the extraction of first-class, internationally award-winning extra virgin olive oils, the extraction of hydroxytyrosol and in the production and distribution of cosmetic and holistic, water-free products based on the olive tree.

Thomas Lommel developed the olive tree therapy "10 years in 14 days" and is the inventor of "Olive Matcha", which is based on the ground olive leaf. Another unique product developed by Lommel is the coffee substitute, which is based on the highly antioxidant active ingredient hydroxytyrosol extracted from the olive leaf. In addition, Thomas Lommel is successfully active in the fast-growing mindfulness sector with the "olive tree sound bath meditation" he developed and the frequencies of his olive trees, which he sells worldwide.

In addition to the registered beauty brands OLIVEDA and LA Dope, as well as Re:connected to Nature, The Intuition of Nature and Olive Mush, to name just a few brands, Lommel is the largest conservationist in the Andalusian region of Arroyomolinos de Léon and protector of over 30,000 hundred-year-old mountain olive trees. With his "Thomas Lommel Foundation", he also brings the water saved by his Waterless Beauty products to people in Africa by building local water wells.

In addition to online sales and a Europe-wide branch network with thousands of retail outlets, OLIVEDA Deutschland GmbH operates its own flagship stores in Berlin and Düsseldorf. The brand's treatment concepts are unique worldwide and their effectiveness has been confirmed by conventional medicine.

The touching story of Thomas Lommel and his heartfelt projects is told in the book "Die Olivenbaumtherapie - 10 Jahre in 14 Tagen".

Waterless Beauty has been described as "The Next Big Thing" in media such as American Vogue, Harper's Bazaar, InStyle, Elle, Madame, Forbes and many other trade journals as well as by Mintel, a leading global institute for futurology.

Gigi Hadid and many other celebrities are already fans of OLIVEDA and support the company's success.

For more information about OLIVEDA International, Inc. and its subsidiaries and affiliated companies and brands, please visit www.olivetreepeople.com

This release was published on openPR.