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Effective Retailing




                      Changing peopleā€™s lives
Why do we need to Retail?
1. Consumption
   Using the products is the key to your success

2. Confidence

3. Consistency

4. Volume Points
   Products into the marketplace produces volume points

5. Cashflow
   Immediate cashflow in your pocket


                                                   Changing peopleā€™s lives
Cashflow
                                     Volume      Sale    Cost @
CORE PRODUCTS & 1 x ENHANCER                                           Profit
                                      Points   Amount      50%

Nutritional Shake Mix F1- Vanilla        24       314         178         136

Fibre & Herbs                             9       131          74          57

F2 Multivitamin Complex                  10       146          83          63

Thermojetics Herbal Beverage - 50g       20       213         121          92

TOTAL                                    63       804         456         348

x 20 Customers                         1260     16 080      9 120       6 960

x 50 Customers                         3150     40 200    22 800      17 400

x 100 Customers                        6300     80 400    45 600      34 800



                                                         Changing peopleā€™s lives
Retail Success
1. Use the products
  When you begin using the products, the results you
  achieve make you a ā€œproduct of the productsā€
  Visible results makes it easier to share your story




                                             Changing peopleā€™s lives
Retail Success
2. Package Your Story
  Share your success story and inspire
  others to change their livesā€¦




  Hi my name isā€¦ā€¦ā€¦. Fromā€¦ā€¦ My background isā€¦ā€¦
  Before Herbalife I was overweight, tired and stressed.
  I started the products and in my first week lost 2kgs, had
  lots more energy and as a bonus to date I have lost 10kgs.
  I feel fantastic!

                                                Changing peopleā€™s lives
Retail Success
3. Wear the ā€˜Buttonā€™
  Create interest in the market place




4. Talk to People
  Present the Herbalife products




                                        Changing peopleā€™s lives
7 Strategies for Retail
1. Retail Set up & Tool Kit

2. Generate Leads

3. Retail Menu (Daily Method of Operation)

4. The Presentation & The Sale

5. Follow Up & Customer Education

6. 90 Day Plan of Action

7. Tracking & Gauges

                                             Changing peopleā€™s lives
1. Retail Set Up & Tool Kit
1. Collect Testimonials: Yours & Others
   HOMā€™s, PYP, Literature, Websites

2. Presentation Folder
3. PYP DVD
   - 58 Testimonials
   - Product Training

4. Weight-loss Retail Booklet
5. Product Brochure
6. Retail Script
7. Products (stock on hand)

                                          Changing peopleā€™s lives
Presentation Folder Flow
1. Mark Hughes story

2. Herbalife management & doctors

3. Product Testimonials

4. Pictures of the products

5. Marketing Plan diagram

6. Business Testimonials

7. Training methods ā€“ STS / Supervisor Schools

8. IBP Picture

                                           Changing peopleā€™s lives
2. Lead Generation
ā€˜Warm Marketā€™ - List your COI: Who do you know..?

  - Family             Weight
                        Skin
  - Friends
                       Vitality
  - Colleagues         Health
  - Neighbour          Sports
                        Etc.
  - Hairdresser
  - School Teachers
                                      Donā€™t Prejudge!
  - Gym contacts                     Talk to them firstā€¦
                                      before someone
  - Estate Agentā€¦etc
                                         else does!

                                              Changing peopleā€™s lives
2. Lead Generation
ā€˜Cold Marketā€™ - People you donā€™t knowā€¦
1.   Public awareness:
     - Clothing, Button, Shaker, Water Bottle,
     - Carry business cards, before/after photos
     - Keep product samples handy

2.   Car Adverts
3.   Newspaper Adverts
4.   Faxes
5.   Hot pockets
6.   Flyers
7.   The Internet ā€“ Google ads
                                                   Changing peopleā€™s lives
Understanding Numbers
10-2     Speak to 10, 2 sales
10-15    Leads daily = 250-300 leads pm
5x       Presentations daily = 100x Presentations pm
20-25    New Customers pm
240      Customers per annum

If you speak to 10 and 2 buy you make R700 (R350x2)
     You make R70 for every person you speak to
           Yes & No mean the same thing
      Only 20% of people you speak to, will buy
         You need the 8 Noā€™s to get 2 x Yesā€™s

        Understand this concept, you succeed
                                              Changing peopleā€™s lives
3. Retail Menu (DMO)
1. Shake / Office Parties

2. Wellness / Weight-Loss Presentations
   One-on-One / Telephone / Email

3. Healthy Breakfasts

4. Weight-Loss Challenge

5. Outer Nutrition (facials)

6. Nutrition Clubs

                                          Changing peopleā€™s lives
4. Making Retail Sales
5 x Presentations per day
Presentation Flow:
     1. Retail Questions
     2. Key Features of Herbalife Nutrition Program
     3. Programs & Cost
     4. Close the Sale
     5. Explain Delivery
     6. After the Presentation
     7. Handling Objections
                                            Changing peopleā€™s lives
4. Making Retail Sales
1. Retail Questions
    Weight-Loss
    1. Are you seriously interested in losing weight?
    2. How much would you like to lose? ā€¦.. No Problem
         [Share min 2x testimonials relating to prospect]
    3. What have you tried before?
    4. Why didnā€™t it work?
    5. Why do you want to lose the weight NOW?
            Continue with normal presentationā€¦




                                                Changing peopleā€™s lives
4. Making Retail Sales
2. Key Features of Herbalife Nutrition Program
   1.   Balanced Nutrition
   2.   Low in Calories
   3.   Healthy Breakfast / Healthy Meal
   4.   Intelligent Nutrition

                  Share 1-2 testimonials
3. 3 x Programs to chose from (examples)
   1. Basic ā€“ Core Nutrition: Shake, F&H, Multivitamin
   2. Advanced ā€“ Core Nutrition + (your choice product)
   3. Ultimate ā€“ Core Nutrition + + (your choice products)
           Give cost per program and cost per meal
                                                 Changing peopleā€™s lives
4. Making Retail Sales
4. Close the Sale (NB)
  Which one suits your budget best?
  I accept EFTā€™s/deposits/credit card, how would you like to pay?
  I have Vanilla & Strawberry, which would you prefer?
  Fantastic, thatā€™s my favourite too!


5. Explain Delivery
   If by post, be detailed
   If done personally explain how & when
   Explain after sales service

                  Share 1-2 testimonials
                                                 Changing peopleā€™s lives
4. Making Retail Sales
6. After the Presentation
   Immediately send an email with:
   ā€¢ ā€œThank you for your timeā€
   ā€¢ Highlight their goal
   ā€¢ That you will help them achieve their desired weight loss
   ā€¢ Your 3 x programs and cost of each
   ā€¢ Attach an Order Form / Invoice
   ā€¢ Clear instructions on how to pay you
   ā€¢ At least 2 testimonials (with pics) relating to their goal




                                                   Changing peopleā€™s lives
4. Making Retail Sales
7. Handling Objectionsā€¦
  I donā€™t know about that, all I know is ....
  ā€“ Give Herbalife facts
    (doctors, years, countries, sports)

  ā€“ Use Testimonials
    Your own (and otherā€™s) and show pictures




                                                Changing peopleā€™s lives
5. Customer Follow Up & Education
1. Follow up on Day 1, 3, 7, 14, 21, 28
   Use script in Success Start Book 2

2. Newsletter Campaign
   ā€“ Share new Testimonials
   ā€“ Use topics in Today Inserts
   ā€“ Product Features

3. Gifts & Special promotions

4. Birthdayā€™s

5. Referrals

                                          Changing peopleā€™s lives
6. 90 Day Plan Of Action
1. 90 Day Plan - 1 Day plan you do for 90 days


2. Why design a 90 day plan?


3. Momentum - Establish, Advance, Sustain


4. 3 x Primary and 2 x Secondary methods


5. Fix & Celebrate



                                             Changing peopleā€™s lives
6. 90 Day Plan Of Action
         Successful business is build using
             90 Days Plans back-back

1st 90 day plan   =    Establish momentum

2nd 90 day plan   =    Advance the
                       established momentum


3rd 90 day plan   =    Sustain the advanced
                       momentum

4th 90 day plan   =    See the results

                                         Changing peopleā€™s lives
7. Tracking & Gauges
1. Daily leads goal vs daily actual


2. Weekly leads goal vs weekly actual


3. Monthly leads goal vs monthly actual


4. Presentation goal vs actual




                                          Changing peopleā€™s lives
7. Tracking & Gauges
                  Weekly report example

March       Monday      Tuesday      Wednesday    Thursday       Friday          Total

WEEK 1     Goal   Act   Goal   Act   Goal   Act   Goal   Act   Goal     Act   Goal   Act

Method 1   250    200   300    300   250    100   400    400   250       0    1,250 1,000


Method 2

Method 3

Method 4


Method 5




                                                                      Changing peopleā€™s lives
To Succeedā€¦
1. Use the products, get your result

2. Set your goals

3. Determine your starting point
   (discount level)

4. Get stock on hand

5. Decide on your Retail DMO

6. Get into action!
       If you make a Sale ā€“ you can make a Living.
If you make an investment of Time and good Service in a
     Customer - You can make a Fortune! - Jim Rohn
                                          Changing peopleā€™s lives

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Wom effective retailing - jhb sts-december 09

  • 1. Effective Retailing Changing peopleā€™s lives
  • 2. Why do we need to Retail? 1. Consumption Using the products is the key to your success 2. Confidence 3. Consistency 4. Volume Points Products into the marketplace produces volume points 5. Cashflow Immediate cashflow in your pocket Changing peopleā€™s lives
  • 3. Cashflow Volume Sale Cost @ CORE PRODUCTS & 1 x ENHANCER Profit Points Amount 50% Nutritional Shake Mix F1- Vanilla 24 314 178 136 Fibre & Herbs 9 131 74 57 F2 Multivitamin Complex 10 146 83 63 Thermojetics Herbal Beverage - 50g 20 213 121 92 TOTAL 63 804 456 348 x 20 Customers 1260 16 080 9 120 6 960 x 50 Customers 3150 40 200 22 800 17 400 x 100 Customers 6300 80 400 45 600 34 800 Changing peopleā€™s lives
  • 4. Retail Success 1. Use the products When you begin using the products, the results you achieve make you a ā€œproduct of the productsā€ Visible results makes it easier to share your story Changing peopleā€™s lives
  • 5. Retail Success 2. Package Your Story Share your success story and inspire others to change their livesā€¦ Hi my name isā€¦ā€¦ā€¦. Fromā€¦ā€¦ My background isā€¦ā€¦ Before Herbalife I was overweight, tired and stressed. I started the products and in my first week lost 2kgs, had lots more energy and as a bonus to date I have lost 10kgs. I feel fantastic! Changing peopleā€™s lives
  • 6. Retail Success 3. Wear the ā€˜Buttonā€™ Create interest in the market place 4. Talk to People Present the Herbalife products Changing peopleā€™s lives
  • 7. 7 Strategies for Retail 1. Retail Set up & Tool Kit 2. Generate Leads 3. Retail Menu (Daily Method of Operation) 4. The Presentation & The Sale 5. Follow Up & Customer Education 6. 90 Day Plan of Action 7. Tracking & Gauges Changing peopleā€™s lives
  • 8. 1. Retail Set Up & Tool Kit 1. Collect Testimonials: Yours & Others HOMā€™s, PYP, Literature, Websites 2. Presentation Folder 3. PYP DVD - 58 Testimonials - Product Training 4. Weight-loss Retail Booklet 5. Product Brochure 6. Retail Script 7. Products (stock on hand) Changing peopleā€™s lives
  • 9. Presentation Folder Flow 1. Mark Hughes story 2. Herbalife management & doctors 3. Product Testimonials 4. Pictures of the products 5. Marketing Plan diagram 6. Business Testimonials 7. Training methods ā€“ STS / Supervisor Schools 8. IBP Picture Changing peopleā€™s lives
  • 10. 2. Lead Generation ā€˜Warm Marketā€™ - List your COI: Who do you know..? - Family Weight Skin - Friends Vitality - Colleagues Health - Neighbour Sports Etc. - Hairdresser - School Teachers Donā€™t Prejudge! - Gym contacts Talk to them firstā€¦ before someone - Estate Agentā€¦etc else does! Changing peopleā€™s lives
  • 11. 2. Lead Generation ā€˜Cold Marketā€™ - People you donā€™t knowā€¦ 1. Public awareness: - Clothing, Button, Shaker, Water Bottle, - Carry business cards, before/after photos - Keep product samples handy 2. Car Adverts 3. Newspaper Adverts 4. Faxes 5. Hot pockets 6. Flyers 7. The Internet ā€“ Google ads Changing peopleā€™s lives
  • 12. Understanding Numbers 10-2 Speak to 10, 2 sales 10-15 Leads daily = 250-300 leads pm 5x Presentations daily = 100x Presentations pm 20-25 New Customers pm 240 Customers per annum If you speak to 10 and 2 buy you make R700 (R350x2) You make R70 for every person you speak to Yes & No mean the same thing Only 20% of people you speak to, will buy You need the 8 Noā€™s to get 2 x Yesā€™s Understand this concept, you succeed Changing peopleā€™s lives
  • 13. 3. Retail Menu (DMO) 1. Shake / Office Parties 2. Wellness / Weight-Loss Presentations One-on-One / Telephone / Email 3. Healthy Breakfasts 4. Weight-Loss Challenge 5. Outer Nutrition (facials) 6. Nutrition Clubs Changing peopleā€™s lives
  • 14. 4. Making Retail Sales 5 x Presentations per day Presentation Flow: 1. Retail Questions 2. Key Features of Herbalife Nutrition Program 3. Programs & Cost 4. Close the Sale 5. Explain Delivery 6. After the Presentation 7. Handling Objections Changing peopleā€™s lives
  • 15. 4. Making Retail Sales 1. Retail Questions Weight-Loss 1. Are you seriously interested in losing weight? 2. How much would you like to lose? ā€¦.. No Problem [Share min 2x testimonials relating to prospect] 3. What have you tried before? 4. Why didnā€™t it work? 5. Why do you want to lose the weight NOW? Continue with normal presentationā€¦ Changing peopleā€™s lives
  • 16. 4. Making Retail Sales 2. Key Features of Herbalife Nutrition Program 1. Balanced Nutrition 2. Low in Calories 3. Healthy Breakfast / Healthy Meal 4. Intelligent Nutrition Share 1-2 testimonials 3. 3 x Programs to chose from (examples) 1. Basic ā€“ Core Nutrition: Shake, F&H, Multivitamin 2. Advanced ā€“ Core Nutrition + (your choice product) 3. Ultimate ā€“ Core Nutrition + + (your choice products) Give cost per program and cost per meal Changing peopleā€™s lives
  • 17. 4. Making Retail Sales 4. Close the Sale (NB) Which one suits your budget best? I accept EFTā€™s/deposits/credit card, how would you like to pay? I have Vanilla & Strawberry, which would you prefer? Fantastic, thatā€™s my favourite too! 5. Explain Delivery If by post, be detailed If done personally explain how & when Explain after sales service Share 1-2 testimonials Changing peopleā€™s lives
  • 18. 4. Making Retail Sales 6. After the Presentation Immediately send an email with: ā€¢ ā€œThank you for your timeā€ ā€¢ Highlight their goal ā€¢ That you will help them achieve their desired weight loss ā€¢ Your 3 x programs and cost of each ā€¢ Attach an Order Form / Invoice ā€¢ Clear instructions on how to pay you ā€¢ At least 2 testimonials (with pics) relating to their goal Changing peopleā€™s lives
  • 19. 4. Making Retail Sales 7. Handling Objectionsā€¦ I donā€™t know about that, all I know is .... ā€“ Give Herbalife facts (doctors, years, countries, sports) ā€“ Use Testimonials Your own (and otherā€™s) and show pictures Changing peopleā€™s lives
  • 20. 5. Customer Follow Up & Education 1. Follow up on Day 1, 3, 7, 14, 21, 28 Use script in Success Start Book 2 2. Newsletter Campaign ā€“ Share new Testimonials ā€“ Use topics in Today Inserts ā€“ Product Features 3. Gifts & Special promotions 4. Birthdayā€™s 5. Referrals Changing peopleā€™s lives
  • 21. 6. 90 Day Plan Of Action 1. 90 Day Plan - 1 Day plan you do for 90 days 2. Why design a 90 day plan? 3. Momentum - Establish, Advance, Sustain 4. 3 x Primary and 2 x Secondary methods 5. Fix & Celebrate Changing peopleā€™s lives
  • 22. 6. 90 Day Plan Of Action Successful business is build using 90 Days Plans back-back 1st 90 day plan = Establish momentum 2nd 90 day plan = Advance the established momentum 3rd 90 day plan = Sustain the advanced momentum 4th 90 day plan = See the results Changing peopleā€™s lives
  • 23. 7. Tracking & Gauges 1. Daily leads goal vs daily actual 2. Weekly leads goal vs weekly actual 3. Monthly leads goal vs monthly actual 4. Presentation goal vs actual Changing peopleā€™s lives
  • 24. 7. Tracking & Gauges Weekly report example March Monday Tuesday Wednesday Thursday Friday Total WEEK 1 Goal Act Goal Act Goal Act Goal Act Goal Act Goal Act Method 1 250 200 300 300 250 100 400 400 250 0 1,250 1,000 Method 2 Method 3 Method 4 Method 5 Changing peopleā€™s lives
  • 25. To Succeedā€¦ 1. Use the products, get your result 2. Set your goals 3. Determine your starting point (discount level) 4. Get stock on hand 5. Decide on your Retail DMO 6. Get into action! If you make a Sale ā€“ you can make a Living. If you make an investment of Time and good Service in a Customer - You can make a Fortune! - Jim Rohn Changing peopleā€™s lives