Original water pumps had grease fittings for the bearings. They were constructed with seperate shaft and bearings, having a keyway for the pulley that is held on with a nut. Aftermarket replacements generally have an integral shaft and bearing assembly where all the parts are pressed together. Bearing assembly pressed into housing, impeller and pulley pressed onto the shaft extensions. These integral assemblies have no provision for lubrication. If you don't see a nut holding on the pulley, you have one of these type of assemblies.
Also, the water pump lube most people refer is seperate from the lubing of the bearings. There is a mechanical seal between the water side of the pump and the bearing side. It's this seal, usually a phenolic cartridge with ceramic insert on the impeller side, that is the object of the water pump lube. With antifreeze in the system, this lube is unneccesary...as a matter of fact, even with just water in the system, I doubt there are any benefits to using this stuff.