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| Founded in 1980, '''Herbalife International''' is a company that sells weight-loss and health products through ]s and networked marketing methods through distributorships. Distributors make money from retailing, and a residual income from their downlines' retail sales volume. | Founded in 1980, '''Herbalife International''' is a company that sells weight-loss and health products through ]s and networked marketing methods through distributorships. Distributors make money from retailing, and a residual income from their downlines' retail sales volume. | ||
| Today, the company is trying to rebrand its Herbalife line with the introduction of Shapeworks. This may hurt its revenue figures and adversly affect its 2004 IPO filing price with the SEC. | 2004 has been a year of changes. Today, the company is trying to rebrand its Herbalife line with the introduction of Shapeworks. This may hurt its revenue figures and adversly affect its 2004 IPO filing price with the SEC. Some distributors are not too thrilled about the product changes, because their customer base has to be retrained and the percentage of customer reorders dropped as a result. | ||
| New distributors should be aware that network marketing does not mean easy money. Treat it like a real business and the success rate of your business will be greater than .001% | New distributors should be aware that network marketing does not mean easy money. Treat it like a real business and the success rate of your business will be greater than .001% | ||
Revision as of 05:50, 14 November 2004
Founded in 1980, Herbalife International is a company that sells weight-loss and health products through infomercials and networked marketing methods through distributorships. Distributors make money from retailing, and a residual income from their downlines' retail sales volume.
2004 has been a year of changes. Today, the company is trying to rebrand its Herbalife line with the introduction of Shapeworks. This may hurt its revenue figures and adversly affect its 2004 IPO filing price with the SEC. Some distributors are not too thrilled about the product changes, because their customer base has to be retrained and the percentage of customer reorders dropped as a result.
New distributors should be aware that network marketing does not mean easy money. Treat it like a real business and the success rate of your business will be greater than .001%
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