Herbalife MLM Review – A Weight Loss Home Business

Herbalife MLM Review

Are you someone that is looking to help other loss weight? Many people struggle shedding the pounds and are looking for help losing the weight. And this is where Herbalife products come into play. You could help by being the Herbalife Distributor that gets them on the right meal plan. Please continue reading my Herbalife MLM review before jumping into the Herbalife home business venture.

The weight loss industry is a huge Market that makes billions of dollars a year. According to the US Labor Statistics, the weight-loss Market grew an estimated at a rate of 4.1% in 2018.  That figure reflects a growth rate of 4.1% from 2018 to 2019.  That is $69.8 billion to $72.7 billion. The market is estimated to grow to 2.6% annually until the year 2023….US Labor Statistics

What is Herbalife?

Herbalife nutrition is a multi-level marketing corporation that operates globally, developing and selling weight loss dietary supplements. Mark Hughs founded Herbalife in 1980 ,  And there’s an estimated 9 thousand people employed by the company worldwide. the corporate headquarters is located in Los Angeles California, with the business also being Incorporated in the Cayman Islands. Herbalife has approximately 4.5 million independent distributors and operates in 94 countries worldwide.

I’ve been known to help those who want to be in a home-based business over the years.  

How do you become a Herbalife Representative

In the US, you can go to the Herbalife website and sign-up for a membership as a distributor.  There are a few starter kits that a new distributor can choose from.  The prices range from $94.10 to $124.95, plus taxes and shipping.  The basic kit distributors kit comes with a messenger bag, sports bottle, buttons and important product literature and sales aids.  The super distributor kit includes the Herbalife 3-Day Trial Packs, tote, Herbalife Books 1-4, product literature and sales aids, the IBP Super Starter includes a sampling kit consisting of (15) Formula 1 + PDM packets and (1) Herbal Tea Concentrate Raspberry bottle (50 g).

You can also sign up as a Herbalife distributor if you know a current distributor that is operating in their MLM network.  

Herbalife MLM Review

My Experience with the Herbalife MLM network

My brother was an herbalife representative back in 2007.  What I saw in his experience has solidified my understanding of what Herbalife is and has always been.  Herbalife is the epitome of a pyramid scheme.  The model that my brother operated in was one where he relied on family and friends for leads and his revenue streams would be passed up the chain to other marketers that where higher to the top of the delivery chain.

My brother tried and failed to male any real revenues while working for Herbalife.  He spent near $1000 on a starter package, external marketing plans and other operating costs that were associated with running his own distribution business.

Does that mean that the program is a total failure.

No.

I believe that your get exactly what you put into your home based business. And the Herbalife MLM program required that you put in a lot of work building your business through networking. If you like to talk to people and network, then this MLM program could work for you.

When did Hebalife hit the market?

Herbalife hit the market in the 80’s when everyone was looking for the next and greatest way to slim down and lose weight. The company provided a number of supplements and protein powders that were competing against larger weight loss companies. Just like the protein powders you see in GMC, Walmart and Target today.

Who could benefit from being a Herbalife distributor?

Herbalife is ideal for those who have extra time on their hands.

It would be good for the following people:

  • Stay at home mom
  • Stay at home dad
  • College students
  • Retired
  • Prior sales people
  • Pay off student loans
  • Need part-time income
  • Pay off credit card debt

That is just off the top of my head. This list could continue on and on.

How Can you Become a Herbalife Distributor?

To be a distributor, you need to fit the criteria below.

Herbalife MLM Review

You need to be OK with buying the Herbalife products at a discounted price and sell them for a profit. You also need to be willing to do the legwork of recruiting. Every MLM requires that the distributor find leads and convert those leads to consumers.

How do you earn money through Herbalife?

Below you will see how Herbalife explains how money is made by the distributors.

Herbalife MLM Review

Basically, you purchase the products as a distributor reduced rate. Then they resell the product to consumers at a suggested retail rate.

After reading the above statement, I can see this working if the distributor is able to hold regular Herbalife demonstrations. Where they can present the products and demonstrate them to new consumers. The Distributor could offer free products to consumers as a way of recruiting more leads.

What if my home business does not work out?

Not every distributor make money with Herbalife.

Herbalife does offer a way out of the distributor network by simply returning all unopened products for a full refund. You do not need a reason for cancelling.

Herbalife Legal Troubles

Herbalife has had its time in court due to multiple legal troubles that you should be aware of.

In 2008, Herbalife was sued after laboratory tests indicated that levels of lead in several Herbalife products were in excess of California state law and could lead to liver problems over an extended period of time.

Herbalife Nutrition – Wikipedia

There have been over 50 reports of liver toxicity attributed to Herbalife products in Spain, Israel, Latin America, Switzerland, Iceland, and the US. … A recent article “Slimming to the Death” is the first case report of fatal acute liver failure from the Asia-Pacific region.

Herbalife or Herbadeath? – Science-Based Medicine

Herbalife agreed to “fundamentally restructure” its business and pay a $200 million fine as part of a 2016 settlement with the U.S. Federal Trade Commission (FTC) following accusations of it being a pyramid scheme. In November 2017, Ackman’s hedge fund closed out its short position in Herbalife.

Herbalife Nutrition – Wikipedia

My final opinion

Will your home based business make money being a Herbalife MLM distributor?

There is a chance that you may have what it takes to be successful with Herbalife. Do you have the nack of building a network and convincing consumers that they would benefit from the Herbalife products and lifestyle? Then this is the home based business for you. But I would stay away if you ware not a people person.

How to Make Your Own Business Online

How to Make Your Own Business Online

Are you looking for some advice about how to make your own business online?

Starting a new business may seem like a difficult task and it could even end up being the most stressful you have ever done. But in the end, owning you own piece of the pie is so worth it in the end. Read on to learn more about online businesses.

How to Make Your Own Business Online

Starting a successful online business is not a difficult task as long as you know what you are doing. It takes a lot of practice and trial & error in order to get the magic sauce right. Online business owners normally fail for a number of reasons multiple times before they gain the skills needed for starting a successful online business venture.

Some reasons online businesses fail:

  • Competition is too heavy
  • Poor business knowledge
  • Not reaching the right target audience
  • Product or service is not in demand
  • Poor branding
  • Website not using SEO properly
  • Poor content on the website
  • Lack the important online skills

What type of online business will you run?

Deciding on the type of business an owner may want to start may be to most challenging thing for new business owners. Often the business owner will beat their heads trying to think of the single business venture that will get them the highest returns for the smallest investment. This often leads the business owner to waste a lot of time racking their brains.

The truth is, that there are thousands of online business types available to new online business owners. All make money and many of them for very little investment. Sometime zero money down.

My suggestion ins to find a business that you have the biggest interest in and jump into the online business pool.

What type of online business can I do online?

As I said before, there are a thousand upon thousands of different online businesses that you can start. No one is better than the other if set up right.

Here’s a list of 25 online businesses that may interest you.

  • Blogger
  • Affiliate Marketer
  • Online Store
  • Content Writer
  • Social Media Consultant
  • Social Media Manager
  • Virtual Assistant
  • eBook Writer
  • Online Course Instructor
  • SEO Consultant
  • YouTube Personality
  • Virtual Blogger
  • Podcast Personality
  • Handmade Craft Storefront
  • App Developer
  • Remote Tutor
  • Domain Reseller
  • Online Photographer
  • Proofreader
  • Virtual Tech Consultant
  • Virtual Customer Service
  • Researcher
  • Resume Writing Store
  • Bookkeeping Service
  • Life Coaching

This is just the tip of the iceberg. There are so many more online business ideas that I can not possibly list them all here.

How can I start my own online business?

It would be easier for me to do a quick break down of each step. Continue for a short description how you can start your own small business online.

Step# 1: Commit to the Journey

How to Make Your Own Business Online

The first step of starting an online business is making the commitment to follow through rm and make a list of why online business. This is where you brainstorm is make a list why an online business is important to you and your family. Here are some questions I ask myself when I start looking at creating a new online business website.

  • Will your business provide extra income for your family?
  • Do you have a passion for a specific industry?
  • Are you looking to help people get answers to their needs and questions?
  • What is in it for you?

There are a number of questions you can ask yourself. This process will help you identify what is important to you and where your business will focus.

Step# 2: Find your Niche (Industry)

How to Make Your Own Business Online

Step 2 if about finding your passion. A niche is the industry that your business will be in.

Example 1: A person that love being around dogs, could be a dog walker.

Example 2: Do you like building computers? You could open an online store geared at repairing or selling custom computers.

Example 3: Some that loves playing the guitar could open an online business offering guitar lessons in-person or through video conferencing.

Again, there are thousands even millions of different business opportunities for businesses online.

Step# 3: Purchase a website domain

How to Make Your Own Business Online

Now that you know what niche your business is going to be in, you need to grab your domain name that you will operate under.

6 tips about purchasing a domain name:

  • Choose an available domain name that relates to your business.
    • A good dog walking business domain could be petersdogwalkingservice.com.
    • For a computer shop you could choose daniellescomputerrepair.com
  • Choose something that is easy to remember and type.
  • Stay away from trademarked names. You do not want to get into legal trouble having a domain name that is close to another big box store.
  • Do not use slang terms.
  • Use one or two hyphens. But do not over do it.
  • Try to get a .com domain. Again, I say try, because it isn’t the most important part that you should be looking for. .com’s tend to look more authoritative to consumers when they are looking for information on you website. A .net will work fin, as long as you know that your competitor in you niche may have the same name as your, except their domain is a .com.

Step 4: Check and make sure you are legal

How to Make Your Own Business Online

This is an important step. Some localities may require that you hold a license or be certified for the work that you do.

Example 1: Businesses that are in the home remodeling niche may require a license from the local city or county in order to operate. Plus, you may be required to hold a bond for insurance purposes.

Example 2: Businesses that involve the distribution of food product may require an inspection and license showing that you meet the set regulation for providing safe foods for consumption.

I would suggest that every new business owner do their homework and make sure that they are operating within the confines of the law. Best practices would dictate that the new business owner visit a business lawyer and make sure that ever “t” is crossed and every “i” is dotted, before opening for business.

Step 5: Market your business and get customers

How to Make Your Own Business Online

You now have everything you need for starting your online business. This is where you need to get visibility of the customers.

Here are some ways you can market your business website:

  • Use SEO for FREE traffic: Search Engine Optimization is simply whiting articles on your website that provide information about your niche to consumers that are looking for specific questions. The articles get ranked in the search engines and websites can get free customer traffic of their article is informative, unique and has a good ranking by the search engine. Content writers have a goal of getting first page rankings for every article that they write.
  • Post Fliers:. Using fliers is a great way to get the word out about your website if your business is local. Post the fliers at your local grocery stores and the local post offices.
  • Use Message Boards: Find message boards that have discussions related to your business. These are potential customers that are looking for answers. Offer advice and post your website address so that know about your business.
  • Social media: Facebook, Instagram and Twitter are good ways to engage potential customers and market your business.
  • Use email marketing: Email marketing is a good way to build your customer list and keep your customers informed about what it new and happening with your business. People who like your content will subscribe to you email list so you know that they are already interested in your service or product.
  • Guest blogging: Asking other people to post on your blog can quickly add content to your content. Make sure the guest bloggers keep the content relevant to what the business is about.
  • YouTube and Video Blogging: Video marketing is a growing trend with building SEO content. Online business owners are seeing a growing trend that consumers are looking for easy to follow video first before written content.
  • Pay-per-Click: You can always pay for getting consumers to your online business website by using a pay-per-click service.

Step 6: Build trust and your brand

How to Make Your Own Business Online

Building your brand will be the most important task of growing your business. Your brand builds trust in your business and shows consumers that you are an authoritative source that knows what they are talking about.

Here are some ways that you can help you brand:

  • Have valuable content: SEO content has to add value to your website in order to get good rankings from the various search engines. For more information about Click Here.
  • Engage your customers: Keep the conversation going about your business with your consumers.
  • Host live video events: Hosting video events for you customers is a great way to build your brand. Do monthly Zoom call where consumers can join and be engaged. This would be a good time to ask questions and see what your customers need or what they are looking for.
  • Share outside links: Add external links to your website will help your SEO and help your consumers get extra information regarding topics related to your business.
  • Ask for reviews: Online business owners should ask for reviews about their content and topics elated to the website and the business.

What business is the cheapest to start?

Most online business are low cost and will require a small investment. The cost in the business is buying the domain for a year, which could run between $5 to $15 depending on the name of the domain.

There are businesses know as Multi-Level Marketing (MLM) that may require a bigger buy in to start your business. These fees cover the cost for the MLM provider which will get you a free website, product materials and starter kits. You can expect to pay anywhere from $25 to $500 for starting your own MLM online business. For more information Click Here.

All you need for a free online business is a website and there are ways to get free sub-domains that do not cost a dime.

What are the most successful online businesses?

My favorite online small business is Affiliate Marketing. I love helping people get the information that they want and the money is not too bad. But it is a hard industry to operate in, if you do not know what you are doing. There are so many ways an Affiliate Marketer can make their money.

Thank you for stopping by Online Business Talk and reading our article addressing how to make your own business online. Our goal at OBT is helping get the information that you need for creating and building your own online business.

Please leave a comment below and let us know what you think about this article and our website. We would love to here from you.