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.
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.
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
- 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.
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.
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.