Herbalife Melbourne CBD

  • Profile: Herbalife Melbourne CBD is a Health Markets company located at Melbourne, Victoria Australia, address is 547 Flinders Lane, Melbourne 3000 VIC, postcode is 3000, you can contact Herbalife Melbourne CBD by phone 03 8671 2838
  • Description:
    Herbalife International (NYSE: HLF) is a global nutrition, weight-loss and skin-care company. The company was founded in 1980 and it employs around 4,000 people worldwide. Herbalife reported net sales of USD 2.7 billion in 2010. Though incorporated in the Cayman Islands, its corporate headquarters are in Los Angeles, US. The company distributes its products in 76 countries through a network of approximately 2.1 million independent distributors, some of whom earn profit on product sales and additional commission from a multi-level marketing (MLM) compensation structure. HISTORY: In February 1980, Mark Hughes began selling the original Herbalife weight loss product from the trunk of his car. Hughes often stated that the genesis of his product and program stemmed from the weight loss concerns of his mother Joanne, whose premature death he attributed to an eating disorder and an unhealthy approach to weight loss. His goal was to change the nutritional habits of the world. It all started with a protein shake to help people manage their weight. Along with introducing people to a healthier way to live, Mark wanted to give people the opportunity to earn extra income. So he structured the company using a direct-selling model, enabling people to become Herbalife Independent Distributors and earn part-time or full-time income. Adopting the multi-level marketing system for distribution and growth, the company attracted thousands of distributors who sold its products door-to-door or through word-of-mouth, not relying on commercial distribution in retail stores. The company's slogan, "Lose Weight Now, Ask Me How", became a marketing theme for distributors, featuring heavily on badges, flyers and posters. Early methods to recruit distributors included seminars, which would feature distributors giving health and weight loss testimonials on the Herbalife products and a keynote address by Hughes. By 1982 Herbalife had reached USD 2 million in sales and had expanded into Canada.
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