Herbalife is one of the largest and the most trusted weight management and wellness firms in the world. With a presence in more than 90 countries and one of the largest direct selling networks, Herbalife is witnessing massive growth that is incomparable to its competitors. The stock prices of Herbalife are growing at a rapid pace as well, and that has caught the attention of the investors. Herbalife witnessed a surge in growth of around 80 percent in the last quarter of 2018, and it is expected to grow at the same pace in the year 2019.
Herbalife Nutrition manufactures over fifty weight management and wellness products that are produced after years of research and are approved by the concerned medical and food authorities. Herbalife has helped many people change their lives completely for good by accelerating the pace of their weight loss efforts. In the next few years, the company is doing research and planning to expand its product inventory by adding new flavors to its existing range as well as developing entirely new products. These are also the factors that are contributing to the surge in the company’s stock prices. With time, the revenue Herbalife is generating is increasing and it is catching the attention of many investors. In the year 2018, the net income was nearly $5 billion, and in the year 2019, it is expected to witness considerable growth.
Herbalife is known for the massive direct selling network that it has been able to create over the past four decades. It is due to its direct sales model is why the company today has a presence in nearly ninety countries and still growing. The direct sales model is what helps the company to continue its growth pace. There are tons of companies out there that are trying to give Herbalife a fierce competition, but the quality products backed by a robust direct selling network has not been able to find a level competitor. The direct selling network is directly responsible for helping the company’s products to reach out to people worldwide. The better the accessibility better is the revenue, and it is what has helped the company to reach over five billion in revenue last year.
One other reason why the direct selling model of Herbalife is so popular among the people is it gives them the opportunity to work in their convenient time. The people who are looking for an income opportunity that is flexible and would also influence their personal lives positively, joining Herbalife as an independent distributor is a great opportunity. As more and more people look for such opportunity, it is expected that the direct selling model of Herbalife would continue to grow at a higher pace in the time to come.