Herbalife Upgraded To Double AA+ Opportunity – The “Worre” Effect

  • February 22, 2024
  • By Team Business For Home

Herbalife, a network marketing giant, illustrated impressive resilience and performance with its 2023 revenue report of $5,1 Billion. Witnessing a commendable advancement, it managed to disburse 28% of this revenue as commission, although this falls slightly short of the 35% industry standard.

In the past 5 years Herbalife shares declined from $54 to $8.50. Revenue declined $700 million in the past 3 years. Herbalife has been grappling with challenges, led predominantly by poor brand momentum. To counteract this, the network marketing company has brought in top distributor, Stephan Gratziani as their Chief Strategy Officer.

This article is written by Team Business For Home and is fact checked by Ted Nuyten – CEO of Business For Home.

Allthough $5.1 Billion is massive, decline in revenue for a Network Marketing Company is hard, however Herbalife found a magic bullet.

This week Herbalife signed a multi year coaching agreement with Network Marketing Legend Eric Worre.

Worre has taught millions of people all over the globe the tools to become top Network Marketing Professionals through his courses and live events. For over a decade, Network Marketing Pro, Eric Worre’s company has been raising the standard of the Network Marketing profession.

Through coaching programs, life changing events & high-level mentoring, millions of lives around the world have been impacted by Eric Worre believe MLM is the best entrepreneurial vehicle in the world.

From a investor call with CEO Michael Johnson in the audience:

“We’re very excited to have Eric Worre be a part of Herbalife and partnering with us in a very special multiyear contract.

And he is going to be delivering for our distributor leaders’ content that some distributor leaders are paying tens of thousands of dollars for.”

We at Business For Home, believe this is a positive development for the company and its distributors as Worre has a proven track record in educating and firing up sales leaders.

In additional support of the brand, CEO Michael Johnson has invested nearly $500,000 in company shares. This signifies Johnson’s commitment and belief in the company’s ability to recover and prosper.

Herbalife in Facts and Figures

Herbalife, a company headquartered in the United States, and led by CEO Michael O. Johnson, reported a revenue of $5,1 billion million in 2023. Despite its declining performance, Herbalife has secured an impressive AA+ rating from Business for Home, indicating an awesome opportunity by hiring Worre.

The company ranks 58 out of over 600 worldwide network marketing companies in the Business for Home Momentum Rank and 219 out of the same group in the Similarweb Rank. Notably, Herbalife ranks 130 in terms of reviews on Business for Home, with 8 reviews to its name.

The company is also home to 10 top earners, and is recommended by 1 distributor, according to the data available on Business for Home. Herbalife’s page on Business for Home has garnered 90,191 views, further evidence of its stability in the global market.

Facts and figures as of the day of publication of this article. The ranks are calculated based on 600+ world-wide network marketing companies in the Business for Home database.

Data provide by the proprietary Business for Home Intelligence Engine

Recommended Distributors Herbalife

Herbalife Conclusion

Herbalife achieved a revenue of $5,1 Billion in 2023, showing resilience and performance in the network marketing industry. Despite a slight decrease, the company managed to distribute 28% of this revenue as commissions, falling just short of the industry standard of 35%.

With a decrease in revenue in 2024 and profit, Herbalife faced challenges like poor brand momentum. To overcome this, they appointed a top distributor as Chief Strategy Officer and saw CEO Michael Johnson invest nearly $500,000 in company shares, showcasing confidence in the company’s potential for recovery. The addition of Eric Worre as Network Marketing Coach is an exciting investment which might bring the “fire” back to the field. We would not gamble against that development.

Based on the comprehensive information provided by Business for Home, it seems that one could potentially make decent money by exploring the opportunities offered by Herbalife in their network marketing business.

As with all opportunities, success cannot be promised or guaranteed. Success within the Network Marketing channel results only from successful sales efforts, building up a customer and affiliate team, which require hard work, diligence, skill, persistence, competence, and leadership.

Get more information, facts and figures about Herbalife, click here for the Herbalife overview.

Disclaimer: While we have used our reasonable efforts to ensure the accuracy of the data used in this website, data should be read as indicative of magnitude rather than exact figures. Business For Home BV has made every attempt to ensure the accuracy and reliability of the information provided on this website.

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