Founded in 1980 by Mark Hughes, Herbalife is a network marketing company dedicated to selling a range of nutritional supplements and personal care products. Herbalife has since become one of the most popular and well respected direct marketing companies in the world, with over 2.3 million members and a wide variety of products.
Herbalife products are created by teams of experts with the goal of helping people lose weight and become healthier. The recent health craze pushed Herbalife up to a whopping $3.5 billion dollars in sales in 2011 and the company has been growing steadily since.
Do Herbalife products work? Herbalife is best known for its nutritional supplements and protein powders. They offer three programs for people at various levels of fitness as well as product lines dedicated to specific health concerns like weight loss and getting into shape. These include a range of supplements and flavoured protein powders to make sure you actually enjoy getting healthy.
More recently Herbalife has produced three lines of skin care products: the Nourifusion line to nourish young skin, the Skin line to improve complexion and the Skin Activator line of products designed to reduce the visible effects of aging. They’ve also produced a special shampoo made out of all natural ingredients and designed to revitalize your hair.
Like any other personal care brand, Herbalife reviews are highly mixed, but those who like their products tend to swear by them.
How does a Herbalife distributor get paid?
The Herbalife payment model resembles the model used by other network marketing companies: you get paid for sales, for recruiting people, and for the sales the people you recruit make.
What sets the Herbalife payment model apart from most other network marketing companies is the generosity of their offer: Herbalife distributors or “independent members” can get paid up to 73% of retail value on every sale they make.
The most successful Herbalife members can also become a “Rising Star” which enables them to attend events around the world and to earn vacations in some of the world’s top destinations.
There are multiple levels of Herbalife membership you can sign up for. The smallest membership bundle costs around $60 and the largest costs around $120. This is a fairly average cost for setting up a network marketing business.
Herbalife, like all multi-level marketing (MLM) or network marketing companies, is a viable business for a very specific type of person. While it’s completely fine and expected for the first few sales to be friends and family, to build a sustainable MLM business cold calling and other potentially uncomfortable marketing tactics are necessary. Even for outgoing people this business model can be intimidating if they don’t have any direct sales experience.
It isn’t easy to become wealthy through Herbalife—network marketing is actually one of the most difficult ways to earn money—but it is entirely possible. They do offer a much better compensation rate than many competing companies.
People with a lot of experience in direct sales will find it much easier to earn with Herbalife and can find themselves propelled through the ranks pretty quickly if they put in the hours at the beginning. However people who are looking for something they can earn through by putting in a couple hours here or there should look at other business opportunities.
People who are willing to put in the time and energy required to do network marketing properly should seriously consider working with Herbalife. They are one of the better MLM companies out there.
People who are uncomfortable pitching or who only have a few hours to spare each week should consider something else, as setting up a MLM business is extremely time consuming.