Herbalife Distributors Join Isagenix International amid Illegal Pyramid Allegations

Recent illegal pyramid allegations by investor William Ackman has Herbalife distributors jumping ship and joining Chandler AZ. based Isagenix International, World Leader In Whole-Body Nutritional Cleansing, Cellular Replenishing & Youthful Aging™
By: Cleansing Weight Loss Systems
 
Jan. 10, 2013 - PRLog -- Herbalife, is a global nutrition company that has helped people pursue a healthy, active life since 1980, suffered a major blow when activist investor William Ackman called the company and illegal pyramid. The comment has resulted in many distributors leaving the company and joining competitor Isagenix International.

Herbalife is a nutrition, weight-management and personal care products network marketing organization and its products are available exclusively through dedicated independent Distributors in more than 80 countries.

Investor William Ackman is bracing for possible litigation from Herbalife, the nutrition company that he has labeled a “pyramid scheme” with a stock price that should fall to “zero.”

Ackman is calling for the Federal Trade Commission to close down Herbalife, alleging it’s an illegal pyramid scheme that will eventually implode once the company runs out of distributors to attract.

According to Fox Business News, at the heart of Ackman’s accusations is the charge that Herbalife makes the vast majority of its money through opaque deals with distributors who pay Herbalife fees rather than through the actual sales of products.

“These allegations will be found untrue, but the company’s image has been tarnished, and sales and membership participation will suffer as a result”, sales Brent Vanderstelt, a leading recruiter for Isagenix.

“We are already seeing several major Herbalife leaders joining Isagenix and many smaller distributors as wel”l adds Brent.

Network marketing is a business model that is based on a company distributing products and services through a network of independent contractors. Network marketing is also popularly known as multi-level marketing (MLM), affiliate marketing, and tiered marketing. Some of the most well known network marketing companies worldwide are Amway Corporation, Shaklee, Mary Kay, Tupperware and Avon.

To understand how network marketing works, it may be helpful to think of a business model that most consumers are familiar with, franchising. In a franchise, an owner pays a company for the right to do business using that company’s products, services, and name. The parent company agrees to provide the owner with training, development, advertising and marketing support. While the name on the outside of the building is that of the parent company, the actual location is privately owned by an independent business owner.

While networking marketing is not actually a franchising model of business, it does work in a similar fashion. In fact some large MLM companies refer to its business plan informally as “private franchising”. In network marketing, a company distributes its products and services through independent business owners (IBO) who in turn market these products and services to customers of their own.

About Isagenix

Isagenix, a Chandler AZ. based network marketing orgrnization provides product solutions that transform lives. The company develops and manufactures systems for weight loss, energy and performance, healthy aging and wealth creation. Isagenix products are distributed through an independent network of Associates in the U.S., Canada, Puerto Rico, Hong Kong, Taiwan, Australia, New Zealand and Mexico. The company’s vision is to impact world health and free people from physical and financial pain. Isagenix, established in 2002, is a privately-owned company with headquarters in Chandler, Ariz., and a member of Direct Selling Association.

Learn more about Isagenix products, distribustor opportunities, please visit http://monaview.isagenix.com or contact Brent  Vanderstelt, distributor recruiter at 1-877-971-0004.
End
Source:Cleansing Weight Loss Systems
Email:***@monaviewholdings.com Email Verified
Tags:Herbalife Lawsuit, Isagenix, Business Opportunities, Affiliate Business, Network Marketing
Industry:Business, Health
Location:New York City - New York - United States
Account Phone Number Verified     Disclaimer     Report Abuse
Cleansing Weight Loss and Nutritional Systems News
Trending
Most Viewed
Daily News



Like PRLog?
9K2K1K
Click to Share