Is Herbalife Nutrition A Good Location Independent Income Opportunity?
Herbalife Nutrition has long been a popular business opportunity. In this review, I will give my expert, honest opinion about this opportunity and, more importantly, determine whether it is a good location for an Independent Business.
Herbal Nutrition
Name: Herbalife
Price: Product prices vary depending on the products and distributors
Owners: Mark R. Hughes
Overall Rank: 4
Recommended: No
Who Is Herbalife Nutrition?
A leader in the Health, Wellness, and nutritional products space. Herbalife Nutrition was established by Mark Hughes in 1980 to change individuals’ lives by offering nutrition products, dietary supplements, and education through a network of Independent Distributors.
Herbalife Nutrition is a top Multi-Level Marketing (MLM) company with independent distributors worldwide. It claims to provide global solutions to the growing problems of obesity, poor nutrition, and rising healthcare costs.
As one of the largest producers of MLM Health, it produces over 8 billion dollars in revenue across 91 countries. They also support their social responsibility to provide malnourished children with good nutrition worldwide through the Herbalife Family Foundation and Casa Herbalife.
Herbalife Nutrition has been riding the growing interest in health and wellness for decades. Herbalife nutritional products are not sold in-store but sold through independent distributors and members.
Becoming A Herbalife Distributor
To become a Herbalife distributor, you must sign up under an existing initial start-up fee of $90.95. Herbalife Nutrition Independent Distributor will be provided if you do not have one.
If the distributorship is canceled, all fees, taxes, shipping, and costs of unopened products purchased in the previous 12 months will be returned.
How Herbalife Distributors Make Money
I don’t like MLM businesses, but you know the routine. To make money with Herbalife Nutrition, you must sell products and recruit other Independent Distributors.
Can you earn location-independent income from Herbalife Nutrition? The only way I can see doing so is to recruit other independent distributors online or create an e-commerce website to sell products.
Creating an eCommerce website can be expensive and time-consuming and offers very slim profit margins. I believe purchasing products at a 25% discount and shipping them to your customers worldwide will quickly become unsustainable.
Even the Herbalife Nutrition website states that running a Herbalife Nutrition business is not recommended solely by recruiting other Independent Distributors. They suggest that EVERYONE buys and sells products in conjunction with recruiting other Independent Distributors to be successful.
There are two ways to earn money at Herbalife: direct sales and recruiting. Herbalife Nutrition uses the basic Multi-Level Marketing compensation structure.
That is the first thing a new Independent Distributor needs to know. I believe the second thing they need to understand quickly is that they must be proficient at both.
The most excellent compensation plan will do you no good if you can not sell the products and recruit other Independent Distributors. I suggest anyone starting any program like Herbalife Nutrition follow the training provided and concentrate on getting their first sales.
Don’t worry too much about the compensation plan in the beginning. Learn more about selling and recruiting, and follow them in the time-learning process regarding the compensation plan.
Who Are Herbalife Nutrition Products For?
Unfortunately, Herbalife Nutrition products do not stand out in the crowded health and wellness space. Herbalife Nutrition stated their primary goal is to help people manage their overall health with good daily nutrition with their products.
You will find information on the pros and cons of all leading companies in today’s health and wellness space. As a result, you will find all types of claims regarding their products, from products performing poorly to products overperforming as advertised and everything in between.
Those types of complaints and praise are typical for the nutritional supplement community. Pay special attention when complaints about any particular company become chronic.
Herbalife Nutrition does well and has grown to a multi-billion dollar health, wellness, and nutritional supplements company over the decades. People seem to believe in this company, its products, and its entrepreneurial opportunities.
Herbalife promotes and sells health and nutrition products, including:
- Dietary supplements
- Weight-loss supplements
- Energy drinks
- Multivitamins
- Nutritional Shakes
- Protein shakes
Herbalife Nutrition believes it has something for you if you are interested in health and wellness, and it believes it has even more if you have an entrepreneurial spirit and would like to partner with them.
What I Like About Herbalife Nutrition
I have to be careful because I admit I am a sucker for Health and Wellness business opportunities. I believe they are inspirational and think they cannot fail.
With that said, I have learned to recognize my bias and look at these types of opportunities through the lens of reality. Here is what I like about the Herbalife business opportunity:
- I love Health and Wellness Opportunities.
- Commitment to Social Responsibility.
- Strong Marketing and Partnerships.
- Great variety of products.
- Training Programs to Help You Start and Grow Your Own Business.
- A global reach.
- Products that offer something for everyone.
- Actively police rouge Independent Distributor abuse.
What I Do Not Like About Herbalife Nutrition
I have a big problem with Multi-Level Marketing businesses, so here is what I do not like about Herbalife Nutrition.
- The high cost of the products (Customer).
- The upfront cost of purchasing and storing products (Distributor).
- Direct selling (I wouldn’t say I like it).
- Rouge Independent Distributors. (Lies and False promises).
- I am stalking strangers, friends, and family. (Typical for MLM businesses).
Conclusion
As you can probably already tell, Herbalife is not a good Location-Independent Income option. Not only are their products not considered any better than those of their competitors, but they also have almost no ability to operate the business location independently.
As a result, you almost always need to physically engage people to sell their products or recruit them to earn an income. You can try to use social media, but I believe it would be tough.
Even if you found a way to sell and recruit online successfully, there still is the problem of fulfillment. How do you accept payment and deliver the products?
You would have to incur the expense (and develop the expertise) of building an eCommerce website. That could be done with much time, cost, and maintenance, but an even more pressing obstacle exists.
The profit margins are too small for products your customers quickly get in almost every community on Earth. Yeah! No matter how many Herbalife Success stories you come across, I believe a business is not an excellent business to get involved with unless you can operate it from a location-independent perspective.
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