Are you a fan of nutrition, well-being, and active life? If so, maybe you’ve heard about Herbalife. It is one of the most popular companies offering global nutrition products. But Is Herbalife a Scam?
In this short review, I want to take a more in-depth look at what this company consists of and highlight the pros and cons. I want to help you to understand better what joining Herbalife means (becoming an Independent Herbalife Member) and be aware of what it involves. Although, if you’re just wondering if the products are worth the purchase, I’ll take a quick look at them. I’ve discovered this company lately (even if it’s in operation for more than 35 years), and I thought it could be a good idea to do a review with you.
If you have any experiences, questions, comments or opinions you would like to share, leave them in the comments below. Let’s start!
Founder: Mark R. Hughes
Price: $72.10 or $129.50 depending on the package your choose (this price is for becoming an Independent Herbalife Member)
One of the most important things to look for in a company is where it comes from. It helps build trust and customers are more likely to buy products from this company. For this reason, I’ll take a quick look at the story of this company.
Herbalife was founded in 1980 by Mark R. Hughes, who died in 2000 from an accidental overdose after mixing alcohol with a “toxic level” of antidepressants. Sad story, but still, this company continues to grow each year. In 2015, its shares traded on the New York Stock Exchange gave net sales of $4.5 billion. The company has over 8000 employees worldwide. The company is making money, that’s good!
Herbalife’s products are in the niche of nutrition, weight-management, energy and fitness, and personal care. They are available through Independent Herbalife Members in more than 90 countries. So, to buy products from Herbalife, you need to buy from a member. You cannot buy from the company directly or in-store.
“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.”
Herbalife has many high-quality products to purchase (which is essential for a company to have), but they also have a business opportunity that is becoming an Independent Herbalife Member. I won’t elaborate too much since I will talk about it a bit in the next chapter, but you become a Herbalife distributor. It means that you will be one of those who sell Herbalife products to customers.
Overall, it’s easy to see that this company has made her proof through time, and today, in 2019, she’s growing more than ever. The information was easy to find on the website, and it was clear. I can say that for trustability, Herbalife got it right. However, it’s necessary to take a more in-depth look at its business model because an accessible story doesn’t necessarily make it legit (even if it helps a lot)! So is Herbalife a Scam? Let’s discover this!
Herbalife Business Model
This company’s business model is quite attractive. Again, the basics information is available on their website, and no secrets hidden. When a company is that transparent, it is an excellent sign. So, let’s take a look at what I found about their business model.
Being a Customer
First, you can be a regular customer and only buy products from Herbalife if you want to. You don’t need to be a member to make any purchase. Since Herbalife products are not available in stores, if you are interested in buying Herbalife products, you have two solutions:
- Contact someone you know who sells Herbalife products (an Independent Herbalife Member) or;
- Go on the Herbalife website and look for an IHM to sell products to you. You will have to fill a form, and an IHM will contact you. You can find the form here.
Becoming an Independent Herbalife Member (IHB)
Second, this is where the MLM (multi-level marketing) comes in, let’s take a look. On their website, they are truly transparent, and they share valuable information about their business opportunity, such as :
- World-class Company that Supports Your Business;
- Transparent Distribution Model;
- Competitive Compensation Plan;
- Training Programs to Help You Start and Grow Your Own Business;
- Products Based on Proven Nutrition Science;
- High-Profile Athletic Partnerships;
- Commitment to Social Responsibility.
The titles say much, but if you are interested in learning more about these characteristics, you can find them here.
A business that shows this directly on its website without hiding it is a business that wants to develop trust with their customers and/or with their IHB (trustability +1).
I also found a short document answering the most frequent questions, which I will make a quick resume of the answers. If you want to see the complete answer, you can click here.
What is an Herbalife Nutrition Membership?
As a member, you will have a discount on Herbalife products. So, if you are just a regular customer, you will pay less to have these products. However, since you buy the products with a discount, you can re-sell these products at the “normal” price to other customers. It’s at this moment that the IHM takes its meaning, although you don’t have an obligation to sell the products. Another option exists for you as a member; you can recruit new members who would like to have a discount on Herbalife products. This is where the MLM takes its meaning.
What Should I Know About the Business Opportunity?
The only required purchase is the initial membership kit:
- Herbalife Nutrition Member Pack – Mini ($72.10) OR;
- Herbalife Nutrition Member Pack ($129.50).
You can set up your own schedule, and you can work part-time or full-time, depending on your availability. Herbalife precise that there are no guarantees that you will earn money; it all depends on you (and I must admit it’s true whatever the business you work on).
What if it doesn’t work for me?
It’s possible that this business is not for you, so Herbalife gives you the possibility to cancel your account without any penalties. If you are still in your first year, you can receive a full refund of your Herbalife Member Pack.
These are the main questions asked, but if you would like to read more questions & answers, you can find the short document here.
So, at Herbalife, you have the choice; be a customer or seller. Their system is not so complicated, and it is clear. No hidden information; everything is accessible (trustability +1).
Pros And Cons
- The information about the company and its program is accessible and transparent;
- Worldwide company;
- First membership kit not too expensive;
- You can work on your own as an IHM;
- MLM business model (not recommended).
Honestly, I cannot find any other cons to this company with what I know. However, I have never been an Independent Herbalife Member, so it is hard for me to take a position and tell you precisely what is going on inside. This is one of the main reasons the in-depth review that you are currently reading is essential.
Is Herbalife a Scam?
Now, the $1000 question: Is Herbalife a Scam?
After reading this review, would you say it’s a scam? I would not. With what I have read and found, and you can see it with my pros and cons, I don’t have many arguments to call it a scam, but I have some to call it legit:
- It’s easy to find where this company comes from;
- You can be a regular customer without any obligation;
- You can be a regular customer with discounts by becoming a member;
- You can use these discounts to buy products, and instead of using these products for yourself, you can sell them and build a business;
- By being a member, you can recruit new members and receive revenue from this recruitment.
The more I could find information on this company, the more I felt confident. With an MLM business model, I rarely feel that way. I think what I like the most is the fact that you don’t have an obligation to recruit new members to become successful with Herbalife. You can only sell their products if you want to and make money out of this.
Another thing I liked a lot is the transparency of the company. I mean, everything I was looking for is findable, and if for any reason I need more information, I can contact them. In the document I showed you earlier, they even say: “You cannot earn money by only recruiting or only sponsoring someone.” What that means is that they sincerely don’t focus on the recruitment, it is not their priority, and this is pretty rare for an MLM business model. If you don’t call this transparency, then I don’t know what it is!
Overall, if Herbalife interests you, I would tell you to go for it! It seems like a legitimate company to me, and if you don’t like it, you can cancel your membership anytime. If you want to make a difference in your life and that you love Herbalife, jump in!
Another Solution If Your #1 Goal Is To Make Money
However, if the main reason you are interested in entering an MLM business model is to create another source of income or even create a full-time income so that you can become you’re own boss, there is another solution. This solution is affiliate marketing. Now, you must ask yourself what the difference between multi-level marketing and affiliate marketing is, right? Since all these words are close to each other, let me explain to you what affiliate marketing is.
Google’s definition is ”a marketing arrangement by which an online retailer pays commission to an external website for traffic or sales generated from its referrals.” There are many keywords in this definition. Let’s check out my definition: ”promoting products or services through a website from a seller in exchange for commissions on these sales.” Finally, in other words, you’re going to be a salesman promoting different products or services to receive commissions and make money.
Affiliate marketing is not complicated and is full of opportunities online. Do you know the number of people who are buying online? No? Me neither, but I know there are several millions of them. What if you could potentially profit from all these sales? Absolutely anyone can do it with a little will. The toughest part is to know where to start and how to do it. Great news, learning affiliate marketing is like learning how to write and read; you sit down, you listen to the lesson and practice and practice and practice. What lesson?
You can find the best lessons in the best training for affiliate marketing that I found on the web. This training is part of Wealthy Affiliate, a platform for online entrepreneurs who want to grow an online business through affiliate marketing.
I personally took this training called the Online Entrepreneur Certification, and it changed my life. Making money through affiliate marketing has no more secret for me! It was the best decision I could make for my future.
I hope this review helped you understand better what is going on with Herbalife. Do not hesitate to leave a comment below if you have any questions or opinions you would like to share. 🙂