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BizWorks:
A powerful online business toolset designed by
Members for Members to help them grow and organise their
business online, so they can make the most of their time offline.
BizWorks is powered by
MyHerbalife.com, and accessible
through
MyHerbalife.com24 hours a day, seven days a week
and is available on mobile.
Business Methods:
Daily Member activities that drive their
business in retailing, recruiting and retention.
Casa Herbalife Programme:
HFF’s flagship Casa Herbalife
program was introduced in 2005 to support existing
charitable organisations that are changing children’s lives. The
programme, named after the Brazilian orphanage Mark Hughes,
Herbalife Founder and First Member, (1956 - 2000) and HFF
built in 1998, has spread across the globe, helping to provide
proper nutrition to children in more than 120 locations on six
continents. For the latest information, check the Press Room on
Herbalife.comor visit
HerbalifeFamilyFoundation.org.
Circle of Influence:
People you already know such as family
members, friends and work colleagues who you could contact
as prospective customers.
Commission:
The difference between the discounted price
paid by the Sponsor and the price paid by the downline
Members. It is also known as Wholesale Profit.
Customer:
Anyone who is not an Independent Herbalife
Member and purchases Herbalife
®
products at retail price.
Downline:
All Members personally sponsored by you as well as
all other persons sponsored by them.
Earn Base Value:
The value assigned to a product, in local
currency, on which discounts and earnings are calculated.
First-Level Member:
All Members you personally sponsor are
considered your First Level.
Fully Qualified Supervisor:
A Member who has met all the
requirements for Supervisor qualification and is now entitled to
all Supervisor privileges.
Gold Standard Guarantees:
Herbalife guarantees which go
above and beyond industry standard consumer protections.
Read them in full at
Herbalife.comor on the Member Application
and Agreement form.
HBN – Herbalife Broadband Network (also known as the
Video Library):
The in-house Herbalife video production and
online distribution unit.
Herbalife Family Foundation (HFF):
Established in 1994 by
Mark Hughes, Herbalife Founder and First Member (1956-2000),
HFF is a nonprofit organisation dedicated to improving the lives
of children by helping charitable organisations provide healthy
nutrition to children in need. Additionally, HFF often supports
relief efforts in response to catastrophic natural disasters
around the world. In 2005, HFF was proud to introduce
the Casa Herbalife Programme. Today, HFF supports over
120 Casa Herbalife programmes in more than 50 countries
and serves over 100,000 children daily. HFF is supported by
Independent Herbalife Members, their friends and families
and Herbalife employees.
HFF Humanitarian Award:
Established in 2007, the HFF
Humanitarian Award recognises Independent Herbalife Members
who exemplify the Foundation’s mission and, through their
outstanding involvement and dedication, have made a significant
contribution to changing lives through community service.
The honouree is announced at the Herbalife Honours event.
HMP:
Herbalife Member Pack.
Independent Herbalife Member:
Anyone who purchases an
official Herbalife Member Pack (HMP) and submits to Herbalife
a valid and complete Membership Application which has been
accepted by Herbalife.
L.A. Live:
The location of the Herbalife principal executive
offices in downtown Los Angeles.
Level 10:
Reaching your personal best - whatever that is
for you.
Lineage:
All Members who are part of one organisation as a
result of sponsoring or being sponsored.
Nutrition Club:
A supportive community setting for people
who wish to focus on good nutrition through the consumption of
Herbalife products.
Production Bonus:
A bonus of 2% to 7% earned on your
entire downline organisation's activity paid to eligible TAB Team.
Profit, Retail:
The difference between the discounted product
price paid by a Member and the retail price paid by a customer.
Profit, Wholesale:
The difference between the discounted
price paid by the Sponsor and the price paid by the downline
Member. Also known as Commission.
Qualifying Month:
The month in which a Member meets the
requirements for a specific qualification.
Royalty Override:
A monthly payment ranging from 1% to 5%
made to Fully Qualified Supervisors on the sales activity of their
three levels of active downline Supervisors.
Royalty Points:
Used for qualification purposes, this is the
sum of a Supervisor’s Organisational Volume times their royalty
earnings percentage.
Sales & Marketing Plan (also known as the Marketing
Plan):
The compensation and advancement structure for Herbalife
Members.
Sponsor:
A Member who brings another individual into
Herbalife.
Upline Organisation:
Your Sponsor and their Sponsor and
their Sponsor’s Sponsor, and so on.
Volume, Encumbered:
Volume being used by your downline
for Supervisor qualification purposes.
Volume, Personally Purchased:
The volume from orders
purchased directly from Herbalife using your Herbalife
Identification Number.
Volume, Unencumbered:
Volume not being used by your
downline for Supervisor qualification purposes.
Volume Point:
A point value assigned to each Herbalife
product that is equal in all countries.
GLOSSARY
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