Herbalife Review – Scam or opportunity

Herbalife reviewLaunched in 1980 there is a lot to be said about this company in fact if you just Google Herbalife you will find any number of sites telling you the good the bad and the ugly. Chances are a Google search is what got you to my review, maybe you are someone who is thinking about joining Herbalife Network Marketing and you are doing your due diligence seeing what you can find out about the company before you join, well hopefully you will find this review unbiased and of value to you.

Just let me start by sharing with you that I am not a Herbalife distributor nor have I been, I am however a successful Network Marketer and I have been in the industry for  just over 10 years, I love this Industry and I love it when people decide to live the life that they deserve and they choose to do it through the Network Marketing Industry. Don’t worry I am not going to attempt to get you to take a look at what I do, in fact I am not even going to tell you what company I am with, my objective here is to help you make the best informed decision you can make, so if you do decide to join Herbalife or any other company, you will go on to be another success story in the Network Marketing industry and all of us will benefit from that.

So now let’s take a look at Herbalife is it a scam or opportunity? The company was launched in 1980 by its founder Mark Hughes who died just shortly after the company’s 20 year anniversary, in the year 2000. In 2002 the company was acquired by J. H. Whitney & Co., LLC, and Golden Gate Capital, Inc. and is privately held. Herbalife reported a net sales volume of $2.7 billion in 2010 and is reported to have approximately 2.2 million distributors, and they currently operate in 76 countries around the world.

The Herbalife Products

Herbalife ReviewOriginally the Herbalife focus was on weight management products, Formula 1, Formula 2 and N.R.G. It is reported that Mark Hughes founder of the company, initially sold the products from the boot of his car, until he started to build the original distributor group.

The slogan that was heavily promoted to gain attention to the Herbalife brand was, “Want to lose weight now? Let me show you how”! Some distributors even had this written on their cars or they wore badges or T-shirts with the slogan printed across the back. One other strategy that was initially in place and still is in many cases, is local newspaper ads, posters and flyers, saying wanted 15 – 20 people who want to lose 10 kilos now, maybe you have seen these ads, some distributors even stick them on lamp posts and notice boards in supermarkets.

The Herbalife range has expanded its product portfolio over the years and it now includes a range of personal care products and nutritional supplements. There have been many reports and testimonials about the productsHerbalife Review with many people sharing great  stories about their weight loss results.  I think it only fair to mention here that there is also a lot of comments made about the cost of the products, compared to what’s in the market place, so this is something you may need to check out. The products can be ordered directly from the company by becoming a distributor, however most distributors do carry stock so if you are wanting to check out the products first you can also buy the products directly from a local distributor.

The Business Opportunity:

To start your Herbalife business you will need to pay a joining fee which may vary from time to time, however the usual membership fee is commonly between $100 – $300 plus an additional sum of around $40 a month for your company website. Commissions are earned on retail sales, wholesale sales, monthly royalty overrides (to those who qualify) monthly production bonuses (to those who qualify) and there is an annual bonus system for top performers. approx 87% of all commissions are paid out to the top 15% of distributors, according to company data the average income across the distributor base is marginally less than $300 per month. I think it is really important here to remember that in most businesses this ratio pretty much applies. Just take a look at any of the business giants, for instance the banking Industry whilst the average maybe slightly higher than $300 per month, bank staff are employees not entrepreneurs and they contract to work when they are told to.

One of the strengths of Network Marketing is that you can start your business working it part time which allows you to maintain your regular income until you deem you are earning enough to work it full time. Don’t let the words part time fool you  into thinking you can do a little bit here and there, to build a successful Herbalife business you must take consistent action, but you can do it on a part time basis.

Marketing Approach:

Herbalife have adopted a common yet somewhat outdated strategy of encouraging distributors to become customers first, get their desired “product” result and then talk to friends and family about how they have benefited from the products. This has been an area that has caused a lot of concern for new distributors and many have failed to build a successful business as result of it, because in many cases it  has placed some unpleasant pressure on family and friend relationships, so this is one area you need to check out thoroughly, if you decide to join the company you will need to ask the person who is sponsoring you, what system is in place to attract people to you and to help you find customers other than simple recommendations.

No doubt when you go online you will find lots of negatives about Herbalife as you read them, to help you keep things in perspective, understand that most people will tell a bad news story before the tell a good one. So read the good the bad and the ugly and form your opinion on what feels right for you not just on the maths that there may be more negative comments than positive ones

Network Marketing can be an incredibly valuable part of your life, you will however need to understand that the secret to your success will come down to your willingness and ability to market your business and to teach those that join you how to do the same. Creating duplication is without exception the key factor to true long term success.

So let’s start with the fact that every business needs customers and every one of your team members will need customers, the best way I have found to generate quality leads, who are potential customers, is to use attraction marketing techniques, which simply means having people come to you.

There is one system that has been in the market place for a number of years now as the number one lead generation programme that you can use no matter what company you are with and that is My Lead System Pro. This is a turnkey system that really can help you rapidly increase your income from the get go.

In summary is Herbalife an opportunity or a scam or is it in fact the right company for you? The right answer to that question has to come from you and this will come from doing some sound due diligence and also remember to take into account how you feel about a company because if your hearts not in it. you will find difficult to keep your head in it. Joining any Network Marketing company is not about simple selling goods it is all about taking value to the market place and the more value you give the more money you will make. So make sure you maximise your results by becoming an excellent marketer and then teach others to do what you do.

Yours in Success

Linda Cargill-Selfe

PS Click here for the Herbalife statement of earnings

 

 

 

 

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16 comments… add one

  • Lana loi

    Herbalife customer service sucks! I hate it!!!! Their product is good but their system sucks!!!!! People are very rude on the phone and emails. I can’t explain how disappointed I am right now!

    • Linda Cargill-Selfe

      Hey Katie, I am sure Herbalife would be disappointed to hear your comments but it might help them identify someone that needs training. Keep smiling and make you day a magic one! Cheers Linda

  • Francisca

    Hey Linda, thanks for this post. I am new mom and have quit my job because I want to take care of my baby. Needless to say finances are a big issue.I saw the advertisement about Herbalife and have been speaking with them. I told the woman, that I don’t have the time, nor the money to waste and wanted her to be honest if I could make money. I’ve never done anything like this and I am scared to borrow the money and turn into nothing. Please help,any suggestions or any other company I can work with? I dont know :(

    • Linda Cargill-Selfe

      Hi Francisca,

      Firstly congratulations on taking charge of your financial future, it takes guts to do that so well done! Secondly success will only ever come if your belief and work ethic marry up to your goals. I am more than happy to help you in anyway I can so I have also sent you an email.

      Cheers
      Linda

  • Venkatesh

    Hi.
    Actually i looking earn extra money… so one of the distributor came and explain about the product and process how to earn money… and i have attended the seminar also… but still i can’t believe whether it works or not… so please advice whether by using this product or whatever about this….. can i go ahead or just ignore and try for other

    • Linda Cargill-Selfe

      Hi Venkatesh,

      You need to get back to the person who you were talking with and let them know your thoughts and ask them for more information. To be really successful in any business you must believe in what you are doing, so make sure you take the time to really work out whether you believe in the company’s product or not.
      Cheers
      Linda

    • Gaurav Ranga

      hello ventakesh,
      this is gaurav,, i have been doing herbalife since 6 months and i am a Get team member,, if u have any doubt about the business and all, you can feel free to contact me, i am from India, o8001333222

  • manju

    hi
    i m a new user of ur products , would u pls tell me the idea how herbal life product works with out side effects .

    • Linda Cargill-Selfe

      Hi Manju, I would love to help you however I am not a user of your companies products. However for you to find the best information about your company products go to your company website, or attend a local meeting and talk with others who take the products. I wish you every success Linda

  • Prasad

    i am not a herbalife user yet….i wish to use the product but only without business part…..is there any provision like this having only product

    • Linda Cargill-Selfe

      Hi Prasad, I am not a Herbalife distributor, and in order to get the correct answer to your question I suggest you search for local Herbalife distributor in your area and ask them how you go about buying products
      Cheers
      Linda

  • aryan

    Hi,
    I am using herbalife products from past 3 weeks for gaining weight and i have gained about 4 kg. weight in 3 weeks. But i am confused about that these products have any side effects!!! pleaase tell me should i use these products in future ??? Do they have any side effects or not? Please help me i am very confused!!!

    • Linda Cargill-Selfe

      Hi Aryan, if you have any questions about your companies products, I highly recommend you ring or email your company head office they will have experts that can answer your questions.
      Linda

  • Bennie

    Admiring the commitment you put into your blog and detailed information you offer.
    It’s nice to come across a blog every once in a while that isn’t the same
    out of date rehashed material. Wonderful read! I’ve saved your site and I’m
    including your RSS feeds to my Google account.

    • Linda Cargill-Selfe

      Hey Bennie thanks for the feedback and the comments I really appreciate it!
      Make your day a magic one.
      Cheers
      Linda

  • I like looking through a post that can make people think.
    Also, thanks for allowing for me to comment!

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