WHY TO AVOID HERBAIFE, AMWAY, SHAKLEE ETC -A question was posed to me by a friend as to what my thoughts on Herbalife were, I wanted to share my below answer in case it helps anyone: I used to work for a similar company Shaklee, which was also a Multi level Marketing Company. Having worked there, I had an inside look at how the finances worked and profit margins. Basically, when someone buys something from an MLM company, everyone in the upline (which is everyone who had a hand in bringing that sale to the company gets a piece of the pie. Which basically equates to a 90% markup on everything. So if you are to spend $50 on a product at Herbalife, that product costs about $5 to manufacture from soup to nuts. Compare this with a typical retail environment, If you paid $50, that product cost between $15-$25 to make. As such, the products are generally low quality and very overpriced. MLM companies exploit personal relationships to sell these overpriced products....For instance, you would be more willing to buy something from your neighbnor or cousin than you would at Target or GNC. This is the way they sell products. If you compared a Herbalife product apples to apples with anther product at a retailer, It would become apparent that there is just no value in herbalife, nor any other MLM like Amway, Shaklee, Mannatech etc.
Posted on: Wed, 28 May 2014 11:19:20 +0000
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