Just like in any industry, there will always be competition. As Jim Rohn once said,"Opportunity will always mix with difficulties".
It is always good to know who are your competitors, however, sometimes to know who are ALL your competitors and what are their strength and weakness, it's just too time consuming.
So the next best thing to do is to find out who are your top competitors that are in the same industry and in the same playing field.
What I mean here is, if you take AVON for an example, even though their sales is almost 3 times more than HERBALIFE, and they are in the Network Marketing industry, they are however not in the same playing field as their primary business is not in Nutrition.
Note: In case some of you are not aware, MLM is short for Multi Level Marketing which is also call / known as Network Marketing.
To know who are the Nutrition companies in the Network Marketing industry, please click on :-
http://mlminsider.com/main.php?/polls/nutritional
As you can see, there are so many companies there and they are ALL your competition.
However, to find out who is HERBALIFE main rival / biggest competitor, I have come up with a very long list of criteria for my selection to review them, which will be base on:-
1) The company must be in operation for over 10 years - Reason: Stable, 90% MLM companies closed within the first 10 years
2) The company must have physical office inside and outside of America - Reason: Global market, increase strength and stability
3) Main focus of their business is only on Health and Nutrition - Reason: Competing with HERBALIFE
4) Using advance cutting edge technologies - Reason: Have Research & Development team that includes doctors and scientists
5) Have done independent clinical test on it's product effectiveness - Reason: Not biased in the results of the effectiveness of product
6) Their product / research are linked to Nobel Prize in Medicine awards - Reason: Outstanding product
7) Total sales accumulative must exceed US$2 Billion - Reason: Shows market demand and trust from public
8) Must have won some "American Business Awards" - Reason: Recognition for achievements by the business world
9) Must be at least be nominated for Ernst and Young "Entrepreneur of the Year Award" - Reason: This award recognizes outstanding high-growth entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance, and personal commitment to their business and communities. It is extremely difficult to even get nominated.
10) Must be recognize at least 5 times in the business magazine Inc.5000, as one of the fastest growing companies in America
- Reason: The magazine's top 5000 list represent a comprehensive look at the most important growth segment of the country's economy. Being recognize 5 times or more will also tell you that the company shows very real potential growth. You will want to join a company that is growing very fast, because you can make extremely a lot of money in it.
11) Must rank within the top 50 in the Network Marketing company world ranking. - Reason: Out of many thousands of Network Marketing companies in the world, to be rank within the top 50 would show outstanding achievements and also that the product is sought after by the public. If the product is in strong demand, the company can go very far and it's distributors have excellence opportunity to make a lot of money.
12) Must be operating in less than 15 countries - Reason: Gives the company's distributors an amazing international opportunity to become leaders of the world because eventually the company will grow into over 100 countries.
13) Must also do charity work - Reason: Not only the company makes money but must also give back to the community
After going through all those companies at "MLM insider" website and a few other websites, I found only ONE company that fulfill all the above criteria, therefore base on my personal opinion, I feel that the MAIN RIVAL / BIGGEST COMPETITOR to HERBALIFE is ISAGENIX.
To help you understand why I feel this way, I have included a number of videos on this website to help shed some light about them. This include some information on their products, testimonies, and their compensation plan. After going through them, you will be able to know what are their strength and weakness.
If you go to http://www.isagenix.com/us/en/newsroom.dhtml , you will be able to see the press releases news that shows that the company ISAGENIX fulfill all my criteria selection.
To see about their ranking in the Network Marketing world ranking, please go to
http://directsellingnews.com/index.php/view/2013_dsn_global_100_list#.UepEn40wd8E
Let's take a look at the video below on red blood cells of a healthy human vs an unhealthy human under a microscope. And also the effects of ISAGENIX products cleansing the unhealthy person's red blood cell to become healthy again.
It is always good to know who are your competitors, however, sometimes to know who are ALL your competitors and what are their strength and weakness, it's just too time consuming.
So the next best thing to do is to find out who are your top competitors that are in the same industry and in the same playing field.
What I mean here is, if you take AVON for an example, even though their sales is almost 3 times more than HERBALIFE, and they are in the Network Marketing industry, they are however not in the same playing field as their primary business is not in Nutrition.
Note: In case some of you are not aware, MLM is short for Multi Level Marketing which is also call / known as Network Marketing.
To know who are the Nutrition companies in the Network Marketing industry, please click on :-
http://mlminsider.com/main.php?/polls/nutritional
As you can see, there are so many companies there and they are ALL your competition.
However, to find out who is HERBALIFE main rival / biggest competitor, I have come up with a very long list of criteria for my selection to review them, which will be base on:-
1) The company must be in operation for over 10 years - Reason: Stable, 90% MLM companies closed within the first 10 years
2) The company must have physical office inside and outside of America - Reason: Global market, increase strength and stability
3) Main focus of their business is only on Health and Nutrition - Reason: Competing with HERBALIFE
4) Using advance cutting edge technologies - Reason: Have Research & Development team that includes doctors and scientists
5) Have done independent clinical test on it's product effectiveness - Reason: Not biased in the results of the effectiveness of product
6) Their product / research are linked to Nobel Prize in Medicine awards - Reason: Outstanding product
7) Total sales accumulative must exceed US$2 Billion - Reason: Shows market demand and trust from public
8) Must have won some "American Business Awards" - Reason: Recognition for achievements by the business world
9) Must be at least be nominated for Ernst and Young "Entrepreneur of the Year Award" - Reason: This award recognizes outstanding high-growth entrepreneurs who demonstrate excellence and extraordinary success in such areas as innovation, financial performance, and personal commitment to their business and communities. It is extremely difficult to even get nominated.
10) Must be recognize at least 5 times in the business magazine Inc.5000, as one of the fastest growing companies in America
- Reason: The magazine's top 5000 list represent a comprehensive look at the most important growth segment of the country's economy. Being recognize 5 times or more will also tell you that the company shows very real potential growth. You will want to join a company that is growing very fast, because you can make extremely a lot of money in it.
11) Must rank within the top 50 in the Network Marketing company world ranking. - Reason: Out of many thousands of Network Marketing companies in the world, to be rank within the top 50 would show outstanding achievements and also that the product is sought after by the public. If the product is in strong demand, the company can go very far and it's distributors have excellence opportunity to make a lot of money.
12) Must be operating in less than 15 countries - Reason: Gives the company's distributors an amazing international opportunity to become leaders of the world because eventually the company will grow into over 100 countries.
13) Must also do charity work - Reason: Not only the company makes money but must also give back to the community
After going through all those companies at "MLM insider" website and a few other websites, I found only ONE company that fulfill all the above criteria, therefore base on my personal opinion, I feel that the MAIN RIVAL / BIGGEST COMPETITOR to HERBALIFE is ISAGENIX.
To help you understand why I feel this way, I have included a number of videos on this website to help shed some light about them. This include some information on their products, testimonies, and their compensation plan. After going through them, you will be able to know what are their strength and weakness.
If you go to http://www.isagenix.com/us/en/newsroom.dhtml , you will be able to see the press releases news that shows that the company ISAGENIX fulfill all my criteria selection.
To see about their ranking in the Network Marketing world ranking, please go to
http://directsellingnews.com/index.php/view/2013_dsn_global_100_list#.UepEn40wd8E
Let's take a look at the video below on red blood cells of a healthy human vs an unhealthy human under a microscope. And also the effects of ISAGENIX products cleansing the unhealthy person's red blood cell to become healthy again.
isagenix - cleansing for healthy blood
Wow!! amazing what cleansing can do to our red blood cells
This is really remarkable. I believe we all need to do cleansing every now and then, just like taking a bath or washing our cars. If we don't do it on a regular basis, we are going to get dirty and then the sufferings will begin.
This ISAGENIX is the only company that i know of that actually does cellular cleansing by shutting down your digestive system so that your organs can focus on getting rid of toxins from your body. This is a more effective method then others.
For example, the best way to change your car engine oil is by shutting of the engine first, then you change the oil right? Well, only ISAGENIX can do this.
This ISAGENIX is the only company that i know of that actually does cellular cleansing by shutting down your digestive system so that your organs can focus on getting rid of toxins from your body. This is a more effective method then others.
For example, the best way to change your car engine oil is by shutting of the engine first, then you change the oil right? Well, only ISAGENIX can do this.