The Official Herbalife business Review. If you are looking to partner with Herbalife read for yourself the facts prior to joining.
Mark Hughes set up Herbalife in 1980 but then died just before he turned 45 years old. However the company stayed in business and it has become a house hold name in the weight loss “healthy” food industry for over 30 years now.
The company reports it has almost 2,000,000 distributors in the United states and all around the world. It is a in public traded company on the New York Stock Exchange and with profits reported at $3,500,000,000.
This goes to show that what Herbalife is doing is definitely working out in the market place. Even though the economy has been hit as of late, being an evergreen weight control business, Herbalife has barely been affected by the world recession. It's a great example of continuous improvement despite being faced by significant challenges, and lots of different business types should look at them as an example. Here's how they managed it…
When You Join Herbalife
When you become a rep of Herbalife, you will get a starter kit containing some of the signature products, which you can use for yourself or market them to other customers to earn a commission.
These wants aren't unusual. Lots of the network associate companies set the least amount of activity you need to remain active.
There are a bunch of methods to build a profitable Herblife distribution business. One of the most commons ways is to retail or wholesale your Herbalife products.
But as with most MLM compensation plans, the big money is created by inducting other folks to enroll to build their own business. You then earn a small commission based primarily on the volume they and their new team creates.
As with any MLM business the way to earn money passively from other distributors is to build a huge team.
You and your team can then either retail of wholesale products. Enrolling or having a massive team of successful distributors is the secret to success. You can then earn commission for every one of your team member's sales and many with a big team, those commissions can start to add up fast.
Enrolling New Herbalife Distributors
It costs approximately $200 to enroll as a new distributor and you are given a choice to “upgrade” and also to purchase an extra inventory of products to have on hand for store sales and sampling.
The idea is to simply pass out product sample then follow up to take retail orders and see whether your prospect may have an interest in becoming more knowledgeable about the business opportunity.
This way you are building your customer base, but at the same time showing these customers the benefit of becoming a Herbalife business. So in essence you are killing two birds with one stone.
The truth of the matter is that, most Herbalife distributors have a hard time sponsoring people into their business. After they exhausted their memory jogger and told family and friends, they tend to run out of people to share their business with.
In looking at those who are having success, just a handful of distributors are earning in the 6 figures rang while others are making a small part-time income that probably will not cover their monthly auto-ship. This all boils down to marketing.
Marketing Your Herbalife Business
The #1 reason why most Herbalife distributors will not succeed is because they do not know how to market.
Knowing how to market is everything to all business these days and with out learning it your business will fail. Marketing is what produces the leads, builds an interest in your products and creates loyal customers, and Herbalife is not an exception to this rule.
Understanding the most effective ways to market your products and services will become a key to your business success.
With that under consideration, perhaps one of the first things you need to do before starting your own Herbalife business is to gain some knowledge and understanding of how to market and generate leads. And once you learn how to market, you can create sales on demand sometimes Without picking up the phone.
To Your SUCCESS,