Herbalife

 


 




Herbalife Business Review

Posted by Lelia Raynal




Background:

Herbalife is a grandaddy of the network marketing industry, with a long track record and a global reach.  It was founded by the legendary Mark Hughes and today is a public traded company with a strong stock price today.  They are a nutrition company that has had a long and largely successful track record since launching in 1980.  The company posted record retail sales of $4.3 Billion in 2010.  Their products are available in 74 countries, and their name (like Amway) is a household name here in the US.  The company is headquartered in Los Angeles, CA.


Products:

Herbalife specializes in weight-loss products, fitness and sports nutrition products, wellness and nutritional drink and herbal products, skin and hair care lines.


Strengths:

  • Global opportunities in over 70 countries.
  • Products and distributorships in demand worldwide.
  • Impressive company sales history and long track record.
  • Has a long history of paying its successful distributors in retail, wholesale, and long term royalties.


Weaknesses:

  • Traditional network marketing model.
  • Very competitive marketplace in the health and wellness network marketing space.
  • Has a name that many find a household name, though many have never tried the products or the business.
  • May have a ‘perceived’ image in US as ‘another of those’ network marketing companies that we have all heard about.

 

 


Herbalife Business Rating (High Score is 10)

5.4


CONCLUSION:

In conclusion, Herbalife has been a model of success in the network marketing industry for over 30 years.   If a person is looking for a network marketing business built on developing teams of nutritional product customers, and teams of distributors, then this could be a good home.   Traditionally, if one does not have an established network to bring along, one might plan on a 3-5 year plan to see significant residual income.  However, having the ability to grow internationally can and could accelerate growth for those willing to break into, seek out those opportunities.  As with any business, time, effort and money will help those willing to put their heads down and work it hard.  With such a long track record in the US, the name recognition could either work for you, or against you, depending on how you position your business.


 


 


Over 100 Industry Analysts Agree
The 2012 #1 Home Based Business!


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The #1 Home Based Business Revealed.
Over 100 Industry Analysts Determined,
Now You Decide...

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