Is The Herbalife Business Opportunity A Scam?
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Herbalife are a health and wellness company that sells nutritional and dietary supplements via network, or multi-level, marketing. They are a multi-national company that has created billions of dollars, and more recently have become known as a major supporter and sponsor of some of the world's finest athletes. However, for many reasons a lot of people still believe that Herbalife is a scam. Despite taking steps to convince the world of its legitimacy, the question is still asked with alarming regularity: ‘Is Herbalife a scam?’ This article is an investigation into the scam rumors, and an overall review of the Herbalife business opportunity.
So firstly, what are the reasons for people's skepticism over the Herbalife business? Well, some people accuse Herbalife of being a pyramid scheme, but this assumes that success in the business can be achieved solely by adding more and more people into the company, and not by retail sales alone. But Herbalife have a strong product range underpinning their business model, and the products are endorsed by a number of high profile athletes who vouch for their effectiveness. Adding people into your business is an important part of making money with Herbalife, but it is not the sole reason for becoming a distributor. Successful Herbalife distributors are passionate about the product, and make it a top priority to pass on their benefits to others. Herbalife is therefore not a pyramid scheme.
The effectiveness of the products is also questioned by some people, who believe they are a scam. This may have been true in the past, when under founder and CEO Mark Hughes (now deceased) the products were said not to have been very-well researched, and had little science behind them. Nowadays Herbalife employs a team of world-renowned scientists and nutritional experts to test and develop the products to ensure that they offer the benefits they are designed for.
So the truth behind the ‘Herbalife Scam’ is that Herbalife really isn't a scam at all. Multi-level marketing will always have its critics, and will never appeal to everybody, but just because somebody doesn't necessarily like the business model, doesn't mean it is fraudulent. Herbalife as a company have taken drastic steps to improve their image and demonstrate their legitimacy. Distributors have the best possible chance of becoming successful with them if they know their target market, implement effective marketing techniques and focus their sales on the right prospects. The difference between success and failure is down to the individual business skills of each distributor.
Herbalife is not a scam.
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