|Founded||Mark Hughes in 1980|
|Latest Review Date|
|In-Company Contact||Phone: 310-410-9600
Herbalife is a global nutrition company that has been changing people’s lives with great products since 1980. Our nutrition, weight-management, energy and fitness and personal care products are available exclusively to and through dedicated Independent Herbalife Members in more than 90 countries. We are committed to addressing the global obesity epidemic by offering high-quality products, one-on-one coaching with an Herbalife Member and a community that inspires customers to live a healthy, active life. We support the Herbalife Family Foundation (HFF) and its Casa Herbalife programs to help bring good nutrition to children in need. We also sponsor more than 190 world-class athletes, teams and events around the globe, including Cristiano Ronaldo, the LA Galaxy and champions in many other sports. The company has over 8000 employees worldwide, and its shares are traded on the New York Stock Exchange (NYSE: HLF) with net sales of $4.5 billion in 2015.
They have several products:
Healthy shake & meal bar for weight
For nutrition vitamins
Energy & Fitness products
For Skin Protection
Healthy meal shake
Herbalife’s Marketing Plan offers you unique opportunities which can lead to higher levels of success and to great achievement. The plan was developed for Distributors by Herbalife’s first Distributor and founder, Mark Hughes. The result is arguably the best Marketing Plan in the industry. Herbalife’s Marketing Plan pays out up to 73% of product revenues to Distributors in the form of Retail and Wholesale Profits, Royalty and bonus income and incentives. This tested, proven business plan is designed to maximize rewards for effort and provide substantial and ongoing income.
The Herbalife opportunity and the Marketing Plan are identical for every Distributor. Each Distributor’s success is dependent on two primary factors:
Their Herbalife business and downline organization.
These two factors raise the importance of a Distributor’s responsibility to train, support and motivate their downline organization.
Becoming a Distributor – The Important First Step The only required purchase in order to become an Herbalife Independent Distributor is the Herbalife Mini IBP (the smaller version of our official Distributor Kit). The Mini IBP (as well as the larger version) contains the Application for International Distributorship, which you must complete and submit in order to receive an Herbalife Identification Number and purchase products. Registration You officially become an Herbalife Distributor when your properly completed Application has been processed and accepted by the Herbalife World Operations Home Office. This process takes only a few days, but in the meantime, you are entitled to buy Herbalife® products from or through your Sponsor, first upline Fully Qualified Supervisor or the Herbalife Sales Order Department at the applicable discount. Once your Application has been accepted, your contract with Herbalife becomes effective immediately, giving you all the rights, responsibilities and privileges of a Distributor.
The Herbalife Marketing Plan provides many opportunities to earn income and other rewards.
Immediate Retail Profit
25% to 50% The profit from direct sales to customers.
Daily Wholesale Profit
Up to 25% The difference between what you pay for products and what Distributors in your personal organization pay for products.
Monthly Royalty Override Income Up to 5% on three levels of downline As a Supervisor, you earn up to 5% on the Personal Volume of all of your Supervisors, three active levels of downline.
Monthly Production Bonuses TAB Team members can earn an extra 2% to 7% Organizational Production Bonus.
A bonus to Top Achievers in recognition of outstanding performance.
Qualify for Special Vacations and Training Events
Distributors who qualify are rewarded for consistent performance and efforts in building their business.
Plus other special promotions and bonuses throughout the year.
Herbalife Ltd. shares spiked higher Wednesday after the Benzinga Pro newswire reported that Carl Icahn is not selling his stake in the company, according to sources familiar with the matter. Shares of Herbalife were trading down roughly 2 percent Wednesday after rumors surfaced that Carl Icahn may be selling his stake in the company. According to his most recent filing, Icahn is the largest shareholder of the stock with 17 millions shares valued at almost $1 billion.