Herbalife MLM Business Opportunity
August 20, 2007 | By Monika Mundell | No Comments »
[ratings]Herbalife is an international Health & Wellness company having started back in 1980 with a guy called Mark Hughes and his vision to bring nutrition around the world. Mark’s initial journey was not easy as he faced many enemies and adversity. His dream to help millions of people to loose weight effectively and safely has meanwhile helped millions of customer’s world wide.
At a very young age Mark had to see the effects of unsafe weight loss when his beloved mother died unexpectedly due to a non intentional overdose of a weight loss pill. According to rumors this pill is still in wide use in the USA to this day, all though I was never able to verify this myself. Mark swore on his mother’s grave to stop others from meeting the same fate and teamed up with a doctor who developed the then first ever Formula 1 shake powder. Apparently its taste was nothing like today’s Formula # 1 shake.
Mark started selling this powder on street corners in Los Angeles, USA and made his first 2 million dollars in sales within the first year of trading his new business Herbalife.
His grandmother was said to be his first Guinea pig because she was also overweight and Mark needed a test model. Legend has it that his Nan was loosing her weight so successfully that she started to refer all her overweight friends to Mark and his Herbalife shake. This is when it all started.
Today, Herbalife is trading in over 60+ countries around the world. The company is also trading publicly on the NYSE
Their products range from:
- Weight management
- Skin care
- Targeted Nutrition
- Energy & Fitness
- Personal care
- Business Opportunity
Herbalife is a member of the BBB and the Direct Selling Association. Distributorship worldwide is now 1.5 million and growing. Source
Especially since the recent sponsorship of the LA Galaxy Soccer Team and David Beckham’s move, Herbalife has been in the news worldwide. Sponsoring a hugely famous sports star such as David is a very smart move for an MLM company and one that is seen increasingly within the industry.
To get started as an independent Herbalife distributor, individuals can sign up by buying an IPB (International Business Pack) from any existing Herbalife distributor. By signing up as an independent distributor one can qualify for an instant 25 % discount on buying products as well as earning the same when selling them. As a distributor the opportunity is there to earn between 25 – 42 % on sales which is quite high by comparison with other MLM’s. But this only the beginning, as there is many more steps up the ladder in a Herbalife business. From distributor one can rise to supervisor which has many more levels on its own all the way up to founders circle. Once a distributor is a qualified supervisor he/she will earn 50% + on sales and bonuses.
Here are the different climbing steps in the marketing plan:
- Distributor
- Senior Consultant
- Success Builder
- Supervisor
- World Team
- Get Team
- Millionaire Team
- Presidents Team
- Presidents Team 1 Diamond
- Presidents Team 2 Diamond’s
- Presidents Team 3 Diamond’s
- Chairman’s Club
- Founders Circle
The company pays out up to 73% retail and wholesale profits, royalties and additional bonuses to their distributors depending on their level in the marketing plan. It is arguably the very best in the industry. The monthly cheques are calculated according to the distributor’s volume in the past month. Volume is calculated by sales and also the volume assigned to each product. Normally 1 Volume Point = 1 USD
Once a distributor has joined up he/she is in business by themselves and expected to adhere to Herbalife‘s strict rules of ethical behavior. The company hosts many meetings around the world in regular intervals and distributors are expected to attend them but are not forced to. It is beneficial to each individuals business and supports companionship and the relationship between individuals. At these events range from product training modules to sales training to recognition and celebrations.
Normally the person who has sponsored a new distributor into their business will work closely with the new team member, as it is also in their best interest to do this. As the new team distributors business grows, so does the sponsors, as the business plan pays on multi levels. In fact the level pay out are 3 deep and multi wide.
Herbalife is consistently aiming to raise their brand name worldwide by sponsoring many local and national sports events in the field of tennis, beach volleyball, soccer, cycling and more. They have also established a children’s program called Casa Herbalife where the company provides sheltered houses for children around the world working with charity.
The program was started back in 1998 in Rio de Janeiro and has now many safe houses around the world.
By signing up with Herbalife you can be assured of products with the highest quality and integrity. The products have helped many fortunate people around the world to loose weight successfully and keep it off for the long term. Many individuals have changed their lives with the Herbalife business opportunity and are now free of money worries for the rest of their lives. Whether you are looking for a bit of extra income on the side, or a full blown career in MLM, Herbalife might hold the answers for you.
Additional Sources:
http://www.genmoney4u.com/steps/5reasonsg.html
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