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Founded in 1980, Herbalife International is a company that sells weight-loss and health products through infomercials and multi-level 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 adversely 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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External links
- Official site
- Yahoo! - Herbalife International, Inc. Company Profile
- Herbalife category in the Open Directory Project
- Criticism
- Work at Home special report by Rob Cockerham, an investigation on "work from home" signs in Sacramento, California, all leading to Herbalife.
- The Dubious Promotion of Herbalife's Niteworks by Stephen Barrett, M.D., founder of Quackwatch and vice-president of the NCAHF.
- Information about Herbalife gathered by The Rick A. Ross Institute.
- Index to Information about Herbalife International on MLM Watch (history, lawsuits and consumer complaints).