With over 20 years of being a successful network marketing business, Herbalife has revolutionized multi-level marketing. Although association with Herbalife cannot guarantee financial liberty, it can certainly introduce you to a proven network marketing business plan.

History of Herbalife

Founded in 1980, Herbalife is a network marketing company that deals in nutrition and weight management products. The company headquarters are located in Los Angeles, California, USA. It has a huge network of 1.9 million independent distributors in 72 countries worldwide. Herbalife drives a majority of its business from the US, Australia, China and the European nations.

Herbalife is the brainchild of Mark Hughes, who developed a successful business plan to sell nutrition products through the MLM network. Hughes’s attorney, Conrad Klein, assumed control of the business, following Hughes’ death in 2000. Hughes’ legacy, however, continues to drive the Herbalife business worldwide.

In the financial year 2009, net sales of the company exceeded $2.3 billion. Based on these figures, Herbalife is one of the largest network marketing companies in the world. Occasionally, the company has faced lawsuits challenging the safety of its products, including the $2.5 million lawsuit in 2009. However, all the lawsuits have been upheld through 2009.

Product Review

Herbalife’s product line offers the following solutions:

Weight management
Digestive Health
Personal care
Energy and fitness
Immunity solutions
Heart health

The Formula 1 protein shake, a soy-based beverage, is the flagship product of the company. Herbalife products are not approved by the FDA. However, private lab reports provided by the company claim that they do not violate Proposition 65 limits.

Compensation Plan

The Herbalife compensation plan offers huge commission to independent distributors. For every direct sale, the distributor can earn up to 50% of the sale. For product sales through immediate leads, the distributor earns up to 30%. This 3-level active down-line compensation program delivers best results on direct sales. One can also earn bonuses and royalties for registering leads under the network.

Final Thoughts on Herbalife

Herbalife boasts a proven network marketing model that has provided financial freedom to thousands of individuals worldwide. With an impressive range of nutritional products and a generous compensation plan, an individual can climb the ladder of success with marketing Herbalife.