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Herbalife Business Opportunity
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Herbalife was Founded in 1980, Herbalife International is a wellness company Company Mission - Herbalife provides the opportunity and inspiration for individuals to achieve the physical and financial results they want, enabling them to experience personal happiness and freedom. Headquartered in Century City, California, it has offices serving customers in 58 countries.
The company offers a 30-day money-back guarantee. If you're not fully satisfied with any product for any reason, simply return the unused portion to your Distributor within 30 days and you'll receive a full refund. Payout as a Percent of Total Sales: 34.99% Source: U.S. Securities & Exchange Commission, Form 10Q. May 14, 2001.
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Herbalife Business Opportunity income earning:
- Retail income of 25-50% of sales on a sliding scale depending on sales volume.
- Wholesale income of 25-8% of sales when selling to distributors that you have recruited until they reach the 50% discount level.
- Royalty income of 5% for 3 levels down-line from sales by supervisors you have recruited. (A supervisor is a distributor who has reached the 50% discount level)
- Bonus income of 2-6% of sales from unlimited levels of down-line supervisors once certain volume levels have been reached.
- Paid vacations at certain volume levels.
Herbalife Business Opportunity Characteristics :
- You are required to set up a merchant account for processing credit cards (about US$40 per month).
- You are encouraged to become a supervisor at the cost of about $2700US (for products), so you can make bigger profits and begin receiving residual income.
- There is a charge for maintenance of the web site around US$12.00.
- They charge people for the conference call marketing system around $6.00 per month plus phone call costs.
- You need to be quite knowledgeable about the "Weight loss subject" and their programs, so as to promote this major product range.
- Ra Ra parties are running every week, welcome to join!
- Video presentations also run weekly online.
- Compensation plan has breakaways.
The company's ethical moral worry me most:
Herbalife used to have Ephedra in the herbalife weight loss products, Ephedra is an herbal stimulant also used for bodybuilding and appetite suppressant. Ephedrine, the active ingredient in ephedra, also called ma huang, is a chemical cousin of amphetamines and increases both blood pressure and heart rate, say experts.
The U.S. Food and Drug Administration have linked ephedra to hundreds of adverse reactions and dozens of deaths.
Canada banned this substance last year, but you know how the US lags behind...
"Herbalife International Inc. continues to sell herbalife weight-loss products containing ephedra, following lawsuits blaming the substance for customer deaths."
Here are 2 web links which I found quite interesting...have a look.
 Herbalife business opportunity company information
 Herbalife Weight Loss Products Using Ephedra - News
 A Lesson In Herbalife Business Opportunity
Conclusion:
Herbalife is another front loading MLM company, In herbalife business opportunity, you are a distributor - you have to stock up, take order, collect money, do paper work, handle complains and product returns. Personally, I would prefer the company at least handle some of these work for me.
Herbalife is a 20 year old billion dollar company. Consequently, a large number of people have been exposed to the herbalife business opportunity, you may run into lots of people, particularly in the U.S. whose mind are no longer open to the Herbalife business opportunity, unless they can be convinced that Herbalife program is not what it used to be.
Herbalife program compensation plan is also one of a relatively few comp plans, called breakaways, that are utilized mainly by older companies, such as Amway, Nuskin, NSA, Shaklee, and others.
Most MLM companies startup of recent years have stayed away from breakaway plans and have opted to use unilevels and binaries. You have to be really careful about the start up and on going running cost involved in Herbalife. Try to justify the cost as much as possible to the benefit.
Again the herbalife products guarantee of 30 days is far too short especially for wellness products.
The herbalife program compensation plan could hurt distributors with encouragement in front loading, buying into the supervisor status in order to get higher commission. The breakaways would certainly hurt your built up organization.
If you type in "herbalife" as your keyword in any search engine, it will turns up thousands of links, more than "Monica Lewinsky" - Most of them are your competitors. You may have to learn one more skill...how to fight?
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