Herbalife products Protein shakes, protein snacks, nutrition, energy and fitness supplements and personal care products. The Formula 1 protein shake, a soy-based meal-replacement shake, is the company's number one product and was one of the first products sold by the company. The range also includes products for heart health, digestive health, skin care, and the new 24 sports line released in 2011. Some products are vegetarian, kosher, allergen free or halal, and Herbalife provides testimonials and advice from health professionals as part of their product marketing.
herbalife compensation planDiscount/Wholesale 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. Volume points explained 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. Supervisor The volume points that are 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. A superior way to qualify to the Supervisor position, is to do so by building a team of distributors first. Their volume counts toward you. If for example you and your group are 40 people strong, and you each purchase 100 vp of products in the same month, you will qualify as a Supervisor. 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 theGlobal 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 theMillionaire 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%. |