Is The Herbalife Business Opportunity Worth Investing In?
We start these Herbalife reviews with an update of the company’s structure in a general overview. Herbalife is a nutrition company that started its operation in 1980. It has since expanded to cover more than 75 countries and now describes itself as a global company. The company claims that its distributor list has grown to reach a high of 2.1 million in the 75 countries it operates in.
What is Herbalife all about?
The company deals with the production and distribution of nutrition, energy and fitness, weight management and personal care products. There are several brands under each category and they come in the form of health drinks, fitness tablets or skin and hair treatment. Herbalife claims that the quality of its products is diligently checked by in-house technicians to ensure that what reaches the market is not only beneficial but also safe for consumption.
Herbalife reviews: The business opportunity and compensation plan
There seems to be four levels at which you may enter into Herbalife’s distributorship. The first one is the basic program for resellers of Herbalife products, which attracts a onetime payment of $49.95. Going up to the senior consultant’s level will require that you pay $300, which is also a onetime fee. The Success Builder level attracts a payment of $580, while to become a supervisor, you will need to pay $1450 over 2 months or a onetime payment of $2320 in one month.
The official website for Herbalife, www.Herbalife.com, does not clearly state what percentage distributors earn in commissions. However, it states that it pays up to 73% of its products earnings to the distributors. It also seems that one can earn through profits as a retailer or wholesaler. Supervisors are paid directly by the company.
An important part of these Herbalife reviews 2011 is a review of the company’s management. The company was founded by Mark Hughes, who was driven by the passion of making people healthier and more active. Mark passed away in 2000 and left the dream in the hands of Michael O. Johnson as the Chairman and Chief Executive Officer leading a team of high ranking business executives.
A summary of Herbalife reviews
With a company whose net sales hit 2.3 billion in 2009 and 2.7 billion in 2010, it seems that one can make some good money should they seek to join this company. However, there seems to be a challenge in the number of distributors that the company has. 2.1 million distributors means a great deal of competition.
Do you have any information that would help us make this Herbalife reviews better? We would love to hear from you. Please contribute your knowledge by leaving a comment below.
Kevin & Suzanne Rhodes
Home Business Review Experts
P.S. Once again, if you’re looking for an ethical and profitable way to make money online, make sure you
take a closer look at our Top Rated Income Opportunities in the chart below...