With the health and wellness industry now a trillion dollar industry, nutrition business ideas are hot. Have you consulted a nutrition business advisor for a possible nutrition business for sale? Have the right nutrition business plan. Take advantage of this trillion dollar industry.
A healthy life, is a good life.
The hottest global nutrition business must be Herbalife International. Now trading via their independent network of Herbalife distributors in over 85 countries world wide. With a nutrition business plan that pays over 73% of the sales turnover back to its distributors. This billion dollar company is leading the way.
If you are looking for a nutrition business for sale, look no further. You can buy a Herbalife distributorship and position yourself for success at a fraction of the cost of a traditional business.
Ok, so you have looked at the Herbalife products and have seen the amazing results people from all around the world (over 80 countries now!) experience on them. Or you have tried the products yourself and experienced those results first hand. If not, watch this short results video:
Where there is a great product, delivering great results, there must be a great business idea. It is no different with Herbalife’s nutrition business plan. The company offers the business to everyone. (Compulsory disclaimer: These results are not typical. Individual results will vary.)
How does the Herbalife nutrition business plan work?
The nutrition products are distributed via a network of independent distributors. To become a Herbalife distributor, you have to be registered as such. This happens through a process called “sponsoring” or “recruiting”. You can only be sponsored or recruited into the Herbalife network, by someone who is already a Herbalife distributor. For this process, you will need to purchase an International Business Pack, referred to as an IBP. This contains all the information you need to get started, an application form with a unique Herbalife identification number and some products for you to use. In Australia an IBP costs $157.08 and the products included in the IBP have a retail value of $170.
You can even take this nutrition business online
Herbalife is currently rolling out an online sponsoring system, which is remarkable. In most countries you still need to first buy and be in possession of your new IBP before you can enroll online. In South Africa, and some other countries, they now have the option where you can enroll online first, and thereafter they deliver your IBP to you. Thus making the process slightly faster and more efficient.
Your unique Herbalife ID number registers you onto the worldwide Herbalife computer system. Herbalife keeps track of all your business on your behalf. It takes care of about 95% of the usual business admin a conventional business would have. This gives you more free time to focus on building your distributorship.
This is indeed a very exciting nutrition business with enormous growth potential.
As a distributor, you have the right to do two things:
- purchase the Herbalife products at a minimum discount of 25%, and
- to sponsor other people into your network, like you have been sponsored.
As you are an independent distributor, you work for yourself. You don’t work for Herbalife. Nor the person who sponsored you. Your distributorship is your own business. Nobody is going to boss you around. In fact, you are the boss. However, it is a business for yourself, but not by yourself. Your sponsor and the people in your network, are all there to support you and assist you as best they can. Herbalife conduct distributor trainings at all levels on a regular basis all around the world, as well as online. Having great leadership to guide you, is a great bonus. In time, you too will develop into a leader for your own network. Selling your own nutrition business distributorships via the company, is key to your exponential growth success. You can offer Herbalife distributorships as a nutrition business for sale. There are no shortage of nutrition business ideas to market your new nutrition business.
The simplicity of this nutrition business can be summed up like this:
1. Use the products yourself
Belief in the effectiveness of the products are essential; you cannot recommend it to others, if you don’t use it yourself and know that it works.
2. Wear the Herbalife brand
This is just a simple conversation starter. People will notice, make some remark and you can choose to share Herbalife with them.
3. Talk to people
Everybody can benefit from these products. Tell your friends and family that you are involved in Herbalife, that you can recommend the products and if ever somebody talks to them about Herbalife or they know someone that might be interested, to keep you in mind. The chances are that if you don’t talk to them first, somebody else will. There are no limits on how you talk to people. The crux is to show them the results people get on the products and give them enough information to make an informed decision.
The Herbalife Nutrition Business Plan
Herbalife has arguably the best marketing plan in the network marketing industry, paying back 73% of the turnover to the independent distributors.
There are FOUR possible income streams you can earn with Herbalife. Two of them are active incomes and two are passive.
Here is how it works. When you share Herbalife with people, and they are interested, they will obviously want to try the products. They can do so as retail customers, i.e. buy the products from you at the full retail price, or they can buy it at wholesale from you or Herbalife, at a minimum 25% discount. (If they want to buy at wholesale, you will first have to sponsor them into the business.) For this reason, it is always prudent to have a little bit of stock on hand. If they buy at retail, you make an immediate retail profit. You purchased the products at a discount, they pay retail price, the difference is your retail profit.
If they want to purchase at wholesale, they will need to get registered with an IBP. This will put them on an immediate 25% discount. The difference between your discount and their discount, will be your wholesale profit.
Herbalife Nutrition Business Discount system
Herbalife has a discount system of 25%, 35%, 42% and 50%. The more products you and your distributors purchase during any given month, the higher your discount will be. Each discount position relates to a level in the marketing plan you can step up to. Once qualified to a higher discount position, you will remain there for 12 months. If during those 12 months you requalify to that position, you will remain there for the next 12 months. These initial levels are:
25% – Distributor
35% – Senior Consultant
42% – Success Builder
50% – Supervisor
To earn the second level of income, wholesale profit, you need to be at a higher discount level than the distributor purchasing the products.
Each product is assigned a volume point value and the products are counted in volume points. This is to create equality in all the different Herbalife countries around the world, in spite of the individual currencies of those countries. For example, a Formula 1 Nutritional Shake is assigned 23.95 volume points, or vp. This way, the company can keep track of all the products that were purchased by you and your network of distributors, wherever they might find themselves in the Herbalife world.
To make maximum retail and wholesale profit, you need to be at the Supervisor level, which also opens up the passive income streams.
Being a Herbalife Supervisor
The volume points that is purchased to qualify you to the Supervisor level, can be purchased at a maximum of 42% discount. This is called your qualifying volume. The very next month, you will be on the 50% discount level.
There are various different ways to qualify to the Supervisor level. The simplest is the one month method. In essence you need 4000 volume points in one month, of which at least 1,000 was personally purchased by you. You can just simply purchase the 4,000 vp outright at a 42% discount and qualify that way, or you can qualify with somebody else in your network. More than one person can qualify together, using the same volume points, provided they are in the same line and provided each one of them has at least 1,000 personally purchased volume that is not used by someone else for qualification. This is called the buddy system. If two people who are in the same line want to qualify to the Supervisor level, they will need 5,000 volume points, which could be shared between them. If they are three in a line, they will need 6,000 volume points for the month, which again can be shared. The more in one line who qualify together, the cheaper it becomes to qualify to the Supervisor level.
Compared to traditional businesses, this nutrition business is relatively cheap to set up, even if you position yourself immediately at the Supervisor level.
When your distributors also qualify to the Supervisor level, you will start earning a monthly royalty income on the total turnover of that Supervisors network of distributors. The royalty overrides gets paid three Supervisor levels deep.
Once your royalties increase to above 1,000 for three consecutive months, you qualify to the Global Expansion Team, where after a further monthly passive income, called a production bonus, starts kicking in. At the GET team your production bonus is 2% on the total turnover of your whole supervisor network, infinitely deep.
Once your Royalties increase to above 4,000 for three consecutive months, you qualify to the Millionaire Team, and your production bonus will increase to 4%.
Once your Royalties increase to above 10,000 for three consecutive months, you will qualify to the Presidents Team, where after your production bonus increases to 6%.
As if that is not enough, once you are at the President’s Team level and one of your distributors also reaches this level, you will start sharing in a 1% yearly bonus pot, where 1% of Herbalife’s total turnover for that year, get’s shared amongst the top earners. With a turnover of about $5 billion, you do the math.
- Purchase an IBP and get registered.
- Decide at what discount level you want to start. Where you start, is not where you have to stay. You can move up any time you want.
- Order your first products at a discount.
- Use as many of the products as you can afford, and use it daily as recommended. Your personal results on the products, will be your best advertisement.
- Make a list of all your friends and relatives and send them a “just to let you know” letter, to inform them that you are doing Herbalife. Relationships are more important than business. Take care not to damage the relationship by the way you approach your friends or family. They will tell you if they are interested or if they know somebody that might be.
- Set goals for yourself; which level are you aiming for next etc.
- Start building your network.
- Learn as much as you can about the company, the products and the business. You can do so by reading the manuals, watching the dvd’s, talk to your sponsor, attend distributor trainings near you and watch online Herbalife training videos and Herbalife webinars.
- There are limitless methods of doing the business. As long as you stay within the Herbalife rules and guidelines, you can determine your own marketing strategies.
If you are ready to start, just click the button below. It will take you to my online nutrition business funnel. Submit your name and email, watch the free videos and I will be in contact with you promptly.
There is no better nutrition business for sale today, than a Herbalife distributorship. Click the button below, and investigate the possibilities for yourself.
Tags: nutrition business, nutrition business advisor, nutrition business for sale, nutrition business ideas, nutrition business plan
Leave A Reply (7 comments so far)
You weight loss weight gain and very healthy life in Herbalife
You’re weight loss I have a Herbalife nutrition
Kateryna19 It’s even better now. 🙂
very informative and great post! Thanks for sharing 🙂
Great post…you did a nice job explaining the different profit centers with Herbalife
Great post!
A big SCEPTIC I looked at the business of network marketing. I liked the idea of working as a team and helping people in your network achieving there financial goals and the freedom of working from home. I did not just grab the first network marketing business available. We did our due diligence and found that Herbalife had the best marketing plan. The flaw in most network marketing companies is that the guy at the top earns the most money and many times doing nothing. Herbalife is different since your downline can earn more than you should they work harder… Read more »