Let’s cut to the chase Herbalife is an extremely solid company in the Network Marketing and direct sales industry and if you are considering Herbalife chances are you’re looking for a legitimate opportunity that can change your financial life and would like a few more details before making a decision.
I’m sure you are aware that many people struggle to make money and even lose money in the Herbalife business opportunity and you’re probably looking for some guidance to help you avoid the traps and challenges that those distributors face. That is why in this Herbalife review I’ll give you an overview of the leadership, the products, the compensation plan, and reveal why have struggled and still struggle in the Herbalife business and how you can set yourself with a plan to succeed in Herbalife or any entrepreneurial pursuit you choose.
Herbalife was founded in 1980 by Mark Hughes. Mr. Hughes was a visionary and literally began selling his weight loss supplements from the trunk of his car his passion for overall health and wellness was fueled by his mother Joanne’s premature and unfortunate death from an eating disorder.
Herbalife experienced tremendous growth when they began their “Lose Weight Now, Ask Me How” campaign and crossed 1 billion in sales in 1996. Today Herbalife has crossed over 5 billion in sales making them an icon and one of the giants of the network marketing industry.
Herbalife is publically traded on the New York Stock Exchange and is run by Michael O. Johnson their CEO and chairman he sets the vision and strategy, and is the voice of the company to approximately 2.3 million Independent Distributors in 75 countries. He oversees all aspects of the company’s global operations, ensures the company has the resources necessary to meet its goals, pursues profitability, and growth to increase shareholder value.
Herbalife is it Really the Products?
With Herbalife having millions of distributors and customers it obvious why they are known as one of the top nutritional company in the world.
The company offers a wide range catalog of products including weight loss, digestion health, personal care, energy and fitness, immunity solutions, and heart health products. I don’t believe there is much doubt that the Herbalife products have proven to be marketable and effective – which leads us to looking into the details on the potentially life changing business opportunity.
The Herbalife Compensation Plan
The Herbalife compensation plan is documented as having paid out billions in commissions to their distributors, and to tap into the potential profits of Herbalife you must get started.
To get started in Herbalife you must purchase the companies International Business Pack for $87.95 plus tax and then simply choose the products you’d like for your personal use, products to sell, and products to use to promote your business.
The Herbalife compensation plan rewards its distributors when they retail products or when they recruit others who retail products. The company allows you to earn 25-50% on retail sales by buying at a discount – the discount is based on either your leadership position or based on the volume of your personal purchases. As you build your team in there breakaway compensation you can earn overrides through 3 levels of 1-5%, the company also rewards top producers with production bonuses, incentive trips, and annual bonuses.
It is important to get all the facts on a stair step break away program, before making your final decision – as I personally do not like breakaways or binary compensation plans.
Why Most Will Fail Within 90 Days in Herbalife?
Obviously Herbalife is a great company that has a proven track record, but why do so many people still struggle? The fact is while Herbalife has been around for a long time they are in the product and opportunity business – not the entrepreneur training business.
New Herbalife distributors will sooner or later struggle due to a lack of leads. In network marketing qualified leads are the lifeblood of the business and without a steady flow of qualified leads most distributors will fail.
Herbalife focuses distributors on networking sadly the days of chasing friends and family, home parties, and prospecting at the mall are no longer time effective or financially effective for most distributors and unfortunately this is what’s being taught by Herbalife and most mlm companies.
How To Increase Your Odds of Success in Herbalife
To succeed in Herbalife or any network marketing business you need pre-qualified leads and to obtain pre-qualified leads you must have marketing experience or get access to training to learn the skills necessary to get leads daily. Lastly you need a system that ties training and lead generation together so the process can be duplicated by the leaders who join your team.
If you’re looking for some high quality and FREE mlm marketing training, were you can actually look over the shoulder of top producers who are dominating the network marketing industry today – by utilizing cutting edge systems and techniques that work in Herbalife or any company you choose click the banner below now!