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Effective Retailing




                      Changing people’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 people’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 people’s lives
Retail Success
1. Use the products
  When you begin using the products, the results you
  achieve make you a “product of the products”
  Visible results makes it easier to share your story




                                             Changing people’s lives
Retail Success
2. Package Your Story
  Share your success story and inspire
  others to change their lives…




  Hi my name is………. From…… My background is……
  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 people’s lives
Retail Success
3. Wear the ‘Button’
  Create interest in the market place




4. Talk to People
  Present the Herbalife products




                                        Changing people’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 people’s lives
1. Retail Set Up & Tool Kit
1. Collect Testimonials: Yours & Others
   HOM’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 people’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 – STS / Supervisor Schools

8. IBP Picture

                                           Changing people’s lives
2. Lead Generation
‘Warm Market’ - List your COI: Who do you know..?

  - Family             Weight
                        Skin
  - Friends
                       Vitality
  - Colleagues         Health
  - Neighbour          Sports
                        Etc.
  - Hairdresser
  - School Teachers
                                      Don’t Prejudge!
  - Gym contacts                     Talk to them first…
                                      before someone
  - Estate Agent…etc
                                         else does!

                                              Changing people’s lives
2. Lead Generation
‘Cold Market’ - People you don’t know…
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 – Google ads
                                                   Changing people’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 No’s to get 2 x Yes’s

        Understand this concept, you succeed
                                              Changing people’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 people’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 people’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? ….. No Problem
         [Share min 2x testimonials relating to prospect]
    3. What have you tried before?
    4. Why didn’t it work?
    5. Why do you want to lose the weight NOW?
            Continue with normal presentation…




                                                Changing people’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 – Core Nutrition: Shake, F&H, Multivitamin
   2. Advanced – Core Nutrition + (your choice product)
   3. Ultimate – Core Nutrition + + (your choice products)
           Give cost per program and cost per meal
                                                 Changing people’s lives
4. Making Retail Sales
4. Close the Sale (NB)
  Which one suits your budget best?
  I accept EFT’s/deposits/credit card, how would you like to pay?
  I have Vanilla & Strawberry, which would you prefer?
  Fantastic, that’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 people’s lives
4. Making Retail Sales
6. After the Presentation
   Immediately send an email with:
   • “Thank you for your time”
   • Highlight their goal
   • That you will help them achieve their desired weight loss
   • Your 3 x programs and cost of each
   • Attach an Order Form / Invoice
   • Clear instructions on how to pay you
   • At least 2 testimonials (with pics) relating to their goal




                                                   Changing people’s lives
4. Making Retail Sales
7. Handling Objections…
  I don’t know about that, all I know is ....
  – Give Herbalife facts
    (doctors, years, countries, sports)

  – Use Testimonials
    Your own (and other’s) and show pictures




                                                Changing people’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
   – Share new Testimonials
   – Use topics in Today Inserts
   – Product Features

3. Gifts & Special promotions

4. Birthday’s

5. Referrals

                                          Changing people’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 people’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 people’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 people’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 people’s lives
To Succeed…
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 – 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 people’s lives

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Wom effective retailing - jhb sts-december 09

  • 1. Effective Retailing Changing people’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 people’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 people’s lives
  • 4. Retail Success 1. Use the products When you begin using the products, the results you achieve make you a “product of the products” Visible results makes it easier to share your story Changing people’s lives
  • 5. Retail Success 2. Package Your Story Share your success story and inspire others to change their lives… Hi my name is………. From…… My background is…… 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 people’s lives
  • 6. Retail Success 3. Wear the ‘Button’ Create interest in the market place 4. Talk to People Present the Herbalife products Changing people’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 people’s lives
  • 8. 1. Retail Set Up & Tool Kit 1. Collect Testimonials: Yours & Others HOM’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 people’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 – STS / Supervisor Schools 8. IBP Picture Changing people’s lives
  • 10. 2. Lead Generation ‘Warm Market’ - List your COI: Who do you know..? - Family Weight Skin - Friends Vitality - Colleagues Health - Neighbour Sports Etc. - Hairdresser - School Teachers Don’t Prejudge! - Gym contacts Talk to them first… before someone - Estate Agent…etc else does! Changing people’s lives
  • 11. 2. Lead Generation ‘Cold Market’ - People you don’t know… 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 – Google ads Changing people’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 No’s to get 2 x Yes’s Understand this concept, you succeed Changing people’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 people’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 people’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? ….. No Problem [Share min 2x testimonials relating to prospect] 3. What have you tried before? 4. Why didn’t it work? 5. Why do you want to lose the weight NOW? Continue with normal presentation… Changing people’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 – Core Nutrition: Shake, F&H, Multivitamin 2. Advanced – Core Nutrition + (your choice product) 3. Ultimate – Core Nutrition + + (your choice products) Give cost per program and cost per meal Changing people’s lives
  • 17. 4. Making Retail Sales 4. Close the Sale (NB) Which one suits your budget best? I accept EFT’s/deposits/credit card, how would you like to pay? I have Vanilla & Strawberry, which would you prefer? Fantastic, that’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 people’s lives
  • 18. 4. Making Retail Sales 6. After the Presentation Immediately send an email with: • “Thank you for your time” • Highlight their goal • That you will help them achieve their desired weight loss • Your 3 x programs and cost of each • Attach an Order Form / Invoice • Clear instructions on how to pay you • At least 2 testimonials (with pics) relating to their goal Changing people’s lives
  • 19. 4. Making Retail Sales 7. Handling Objections… I don’t know about that, all I know is .... – Give Herbalife facts (doctors, years, countries, sports) – Use Testimonials Your own (and other’s) and show pictures Changing people’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 – Share new Testimonials – Use topics in Today Inserts – Product Features 3. Gifts & Special promotions 4. Birthday’s 5. Referrals Changing people’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 people’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 people’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 people’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 people’s lives
  • 25. To Succeed… 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 – 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 people’s lives