Starting from a small time endeavor that involved selling from the trunk of his car, Herbalife founder Mark Hughes probably didn’t imagine that his weight loss products would today span the globe and be available in 75 markets in six continents. Recently celebrating its 30th year of operation, Herbalife was founded in 1980 and is now one of most recognized brand all over the world and last year it posted record retail sales amounting to 4.3 billion dollars. This herbalife review will dig into details about the company, products, and compensation plan.
So What Is The Herbalife Business All About?
Based in Los Angeles, California, Herbalife is a public company that manufactures nutrition, weight loss, and personal care products that utilizes innovative and breakthrough processes using some of the most health promoting natural ingredients. A member of the Direct Selling Association of the USA, as well as in other countries where it’s products are available, they adopted the multilevel marketing business structure which at present consists of more than 2.1 million independent distributors scattered all over the globe. Along with its good standing in the direct selling industry, its signature products, and its compensation packages, the company has grown to be one of the largest MLM companies in the world as well as being one of the most trusted and recognized.
What About The Herbalife Products?
Herbalife started off by producing and selling weight loss products, mainly in the form of with a protein shake. While this may sound all too familiar today, weight loss shakes were relatively new then and many interests were soon captured. As means to make the company grow, and to provide people the opportunity to earn money, the MLM distribution method was applied and there was no stopping the growth of the business from there on. Today, there are a wide variety of Herbalife products that are being offered which are focused on weight management, personal care, health and nutrition, as well as for energy and fitness development. While its original protein shake, dubbed as the Formula 1, is still the company’s number one product, you can also find several other product forms such as protein snack bars, weight loss and multivitamin pills, tablets and capsules, soup mixes, creams, shampoos, and lots more.
Using the latest and most advanced facilities and the research from some of the most brilliant minds in the field of health and science, the demand for these products from Herbalife consistently increases and this has made it desirable for many people to consider as an income generating opportunity.
The Herbalife Compensation Plan
Now lets take a look at the Herbalife compensation plan. Each individual distributor has the potential to generate income in a wide variety of channels, including profits from wholesale and retail sales, and in commissions, bonuses, royalties, and discounts. Herbalife’s compensation plan is perhaps one of the most flexible payout structures in existence today and there is a huge potential to develop a sustained high earning business. Departing from the traditional unilevel network structure many MLM companies use today, the Herbalife network opportunity doesn’t tie a person with his sponsor and eventually develop his own team and find himself on top of his group. This breakaway network method has huge potentials for growth and development and can motivate an independent distributor to reach very high levels. As supervisors, and all other levels above it, you can earn bigger bonuses and royalties and get direct payment from Herbalife all for you. You don’t share it with your other team members as this is your personal reward.
So is there an Herbalife Scam going on as some claim? Not at all. It is a well respected MLM Business with a long history of providing top notch products, along with a good paying compensation plan.
However, one mistake that many distributors in Herbalife make is that they fall into the rut of trying to wow prospects who aren’t in the least bit interested in their products, going on and on about how great they are. Likewise, many try to convince others who don’t have any interest in the slightest about starting a home based business.
What works far better is just applying a few simple marketing principles and skills to locate and market to people who are actually looking for the benefits of your product, or are actively looking to start a home business. This is known as target marketing and is THE key to really growing your business, and building it with the least resistance from prospects.
If you think about it, the internet provides the best place around right now for you to get your offer in front of those targeted prospects. Learning to leverage content creation, search engines, videos and blogs allows you to tap into a literal endless stream of prospects, all searching for the benefits of what you are offering.
If you’d like to learn how to tap into and get access to those prospects, and generate as many as 30+ free leads per day using the internet, simply fill out the form below with your name and email address for 7 free days of cutting edge internet MLM training.