Is Herbalife Legit? | Can You Really Make Money With Herbalife?
Are you wondering whether Herbalife is legit and whether you can make any money successfully with this company? If so, you are in the right place.
Herbalife is a company that sells dietary supplements, meal replacement shakes and other products to people who want to manage their weight since 1980. It was started by the late Mark R. Hughes.
Herbalife sells its products directly to its customers through salespeople commonly referred to as distributors. Their products are not sold in stores hence it is referred to as a direct sales company.
There are up to 3.7 million Herbalife distributors scattered in over 90 countries. Unfortunately a significant percentage of these distributors fail to make money with Herbalife.
In 2016 the Federal Trade Commission (FTC) charged that Herbalife's MLM's compensation structure was unfair because it rewards distributors for recruiting others to join and purchase products in order to advance in the marketing program, rather than in response to actual retail demand for the product, causing substantial economic injury to many of its distributors. (as I will explain in more detail below).
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What Are Herbalife's Products?
The products are split into five groups:
- Healthy Weight: These products are designed to enhance your weight-loss journey and manage your weight once you have hit your target. Products include protein shakes and bars, healthy nuts, and their multivitamins.
- Core Nutrition: These meal replacements have the core macronutrients and micronutrients you need to live a healthy life.
- Specialized Nutrition: These products provide the right balance of essential nutrients because they target specific needs by certain groups. There are products for men’s health, sleep and relaxation, heart health, digestive health, women’s health, children, the elderly, and the immune system.
- Energy and Fitness: These products enable you to beat the afternoon slump or give you more energy during your workout to support a healthy and active lifestyle. There are drinks and shakes as well as energetic and hydrating teas to give you that boost.
- Skin and Hair Care: The skin and hair care products contain vitamins or botanicals that nourish your skin and hair to keep you looking good. They also enhance long-term health of your skin and hair. Products includes soaps, creams and gels.
Can You Make Money With Herbalife | Herbalife Business Opportunity
Herbalife offers all new customers the opportunity to start their own Herbalife home based business. You do this by signing up as a Herbalife Distributor for a one-time fee of $94.10. To do this you need to find a sponsor who could either be someone you know or the company can introduce you to one on their website.
After signing up you purchase products either for your own use or to sell them.
You can also sign up as a Preferred member for $34.95 if you want to buy Herbalife products at a discount without the intention to sell them. You can later become a Distributor by buying the Conversion Pack at $59.95 and completing the required training.
Herbalife provides all new distributors with their own website which they can share online and offline.
HERBALIFE COMPENSATION PLAN
As a Herbalife Independent Distributor, you can become eligible to earn from six areas:
- Retail Profit – As a Distributor, you can earn Retail Profit by purchasing products with your Distributor discount of at least 25% and selling them to customers at their full retail value.
- Wholesale Profit – As distributors move up the Marketing Plan, their discount increases. If they recruit and retain other Distributors, they can potentially earn Wholesale Profit on orders by their downline Distributors.By sponsoring and training new Distributors, you can earn between 8% and 25% Wholesale Profit on whatever they purchase and sell. When you reach certain volume targets, you move on to the next level where you earn more money from your downline.
- Royalty Overrides – This is paid out on a unilevel compensation structure. Commission rate is at 5% on the PV of group organization.
- Monthly Production Bonus – Bonuses are at 7% by the top achievers of the team.
- Annual Bonus (Mark Hughes Bonus) – 1% of the entire company’s annual revenue is divided among the top distributors.
- Promotions – Various vacation bonuses given out as rewards for recruitment. $500 is given to distributors for achieving Active World Team.
Your income potential really is going to come down to the amount of people you share Herbalife products (customers) and business opportunity (distributors) with. This will help you generate product volume each month and earn commission on that volume.
In 2016 the Federal Trade Commission (FTC) charged that Herbalife's MLM's compensation structure was unfair because it rewards distributors for recruiting others to join and purchase products in order to advance in the marketing program, rather than in response to actual retail demand for the product, causing substantial economic injury to many of its distributors.
Herbalife agreed to restructure its MLM operations and paid $200 Million for consumer redress to settle these FTC Charges. The company was also required to tie distributor rewards to verifiable retail product sales and stop misleading consumers about potential earning.
A lot of people have asked me whether there is another way of making money from home WITHOUT having to hold meetings, events and make endless phone calls to acquire customers and convince people to join your team as distributors who may ultimately reject your invite …. That is one of the reasons why many people give up.
If you are one of these people, I highly recommend you watch the FREE video below ..
==> FREE Video: Click Here To Discover The New Way To Get Paid $1,000 – $3,000 Commissions From Home WITHOUT Personal Selling, Rejection Or Prior Experience!
Why Most People Fail To Make Money In MLM and Network Marketing Companies
The sad reality is that well over 90% of most people in the network marketing, mlm or direct sales industry including Herbalife fail to make any extra money other than maybe to help pay for their product or monthly auto-ship every month.
In order to make money with Herbalife
- You have to sell a lot of Herbalife protein shakes and other products. The amount you make is partly determined by how much of the product you can purchase from your distributor. You may therefore require a significant capital outlay to buy your products. You can however return the products unopened within 12 months of purchase.
- To increase your commissions, you must sponsor and train new distributors. This is not easy for most people. You’ve also got to encourage your recruits to be great at sales because their sales numbers affect your bottom line.
Without mastering the skill of lead generation and recruiting team members, most Herbalife distributors will continue to struggle every single day This is the #1 problem that Herbalife distributors face in trying to build their business.
The good news is that there are people who are legitimately making great incomes from home every single month. Here are a few examples;
The Facebook Testimonials below are from real affiliates
These people all have one thing in common. They all have 3 pillars aka insider secrets in their home businesses that have contributed to their success…
If you want to be among the 3% who are successful in making money from home, I highly recommend that you watch the video below ..
==> FREE Video: Click Here To Discover The New Way To Get Paid $1,000 – $3,000 Commissions From Home WITHOUT Personal Selling, Rejection or Prior Experience!
Yours In Complete Success
Flo
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