Herbalife are a US company that use a multi level marketing distribution method to sell their own branded health products and supplements.
About The Company
Herbalife are one of the largest distributors of health supplements in the US with sales exceeding $2.5 billion. The company was founded on the back of a weight loss product (which still remains a core part of the Herbalife business) in 1980 and since then has continued to grow and expand in this product niche. Herbalife are huge sponsors of various sports teams, events and personalities with arguably the most well known in the UK being footballer Cristiano Ronaldo.
What Product am I Selling?
As mentioned above one of the key ranges for Herbalife are their weight loss products and this will be a significant part of your sales. Herbalife’s weight loss products are sold in tandem with products that promote energy and fitness and a range of nutritional supplements. As well as this Herbalife have attempted to move into personal care with a range of products for skin and hair care.
How to Apply and Training
Application to become a Herbalife distributor is handled via an online application form . Althoguh start up costs aren’t mentiond anywhere on the UK Site my research has shown that there are fees in the US which are typically around $60-80. In terms of training, Herbalife say that you will receive guidance on your products which implies to me that much of this support will come directly from other Herbalife distribuors.
How Much Can This Earn?
As a distributor for Herbalife your profits are what you sell the products for. You do however have to purchase any products from Herbalife at a wholesale rate. As you work your way up to having a downline the majority of Herbalife sales leaders earn up to $1,000.
Herbalife are a big name in the supplement business and this is evidenced by looking at their size and success. Although not a household name in the UK this kind of product is immensely popular in the right areas so there is definite potential to make an income off Herbalife. My biggest concerns surround allegations made by that Herbalife is nothing more than a pyramid scheme but these have been made by a hedge fund manager who ultimately backed Herbalife to fail and at the time of writing there is very little evidence that this will ever amount to anything.