There are lots of networking and MLM companies around the world available on the internet. This schemes actually helps you to earn money if you find an excellent legit company.
Today we will talk about a company called Is Nu Skin which works on MLM principal.
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I will guide you by giving information on Nu Skin so that you can get an idea whether you should work with this company and start promoting or not and also tell you whether the products of the company and company itself is legit or not.
I will also cover points like when it was founded, how it works, some of the plus and minuses of the company and working style, so let’s gets started…
Is Nu Skin A Legit Company?
It seems it is one of the oldest networking MLM company in the world.
If I am not wrong, Nu Skin was founded in 1984 by Blake Roney, Sandie Tillotson, and also Steve Lund.
The company mainly focus on their cosmetic products. They have got their branches whole over the world; it’s a big global company.
Let’s watch Nu Skin promo video:
It is similar to MWAY and also one of the oldest Giant of MLM marketing which is working around today too.
About Nu Skin Products
The products of the company are right; they produce Moisturizers, Essential Oils, Anti-Aging Creams, Facial Spas, Gels for body, skin, hair, etc.
They have more than 200 product in those categories, and according to women that use it, they are very quality products.
They do lots of research and also make lots of investment in their products. Compensation plan and products look good from outside.
How To Join And Work In NuSkin
You can work as a distributor for that you have to purchase products and earn a commission by selling them.
Joining process is simple to apply distributor form from the website, and choose your promo package. Those packages are between $100 to $1500.
The company may demand you to spend over $100 every single month on product purchases. You have to pay an annual membership fee and also pay for Business Portfolio.
Nu Skin Compensation Plan
Nu skin has ten levels; it starts with the distributor and goes up to Blue Diamond Executive:
- Active Distributor Receiving Commissions (Member)
- Qualifying Executive ( Authorized Agent)
- Provisional Executive
- Gold Executive
- Lapis Executive
- Ruby Executive
- Emerald Executive
- Diamond Executive
- Blue Diamond Executive
They claimed that they have the best compensation plan in the world
Nu Skin distributors get a commission on sign up new members to NuSkin, and for every member, distributors get 5%. But only for the first row.
If you`re distributors and your member add other members, you will not get a commission from them.
If you want to become Executive, you need to add a lot of new people, and those people need to add their friends (everyone needs to purchase a starter kit). Then, executives can earn from 9-20% from their downline.
Requirements for distributors is to have 200 L1 volume and 5 customer sales monthly and for Executive distributors are 2,000 group sales.
That means that you need to have five customer sales + around $200 – 350 in sales (200 L1 Volume sales) every month, to be able to qualify as an active distributor and earn commission and sales bonuses.
How Much Can You Earn With Nu Skin?
According to one data, most of the Nuskin Distributors got about $35 per month, according to their own Compensation Summary 2017 ( you can check for yourself here).
Other info I got is even more disturbing – as 75% of distributors got no commission which is shocking and also alarming for you all if you want to join this Nu Skin.
There also many distributors – let’s say 25% around the globe who are making money and the remaining 75% of them are not getting any money.
From those people who earn money from Nu Skin, only 2% make more than $1000 monthly.
Basically to promote anything with MLM policy is not an easy thing to do in today’s time it is time-consuming and it needed trust too.
You have to tell people to purchase items on your belief.
The traditional way of MLM marketing is not working today.
If you want to succeed in this business (and to be in 2% of people that earning more than $1K monthly), you need to bee an extraordinary marketer or influencer who can recruit many people under one branch.
That’s not 1, 2,3 or 50; you need a bunch of people under you – only then you can earn big in real from this kind of business.
It’s hard to make money with Nuskin because they use an MLM scheme.
Because of a lot of complaints from people who start to work for Nu Skin, and another MLM company called Younique, BBC begin to investigate those companies.
Journalist Ellie Flynn goes undercover to discover those billions of dollars selling MLM industry that mostly targets women with the opportunity to earn huge money.
Ellie’s investigation reveals a serious gap in knowledge about the possible risks of becoming engaged in MLM and a lack of transparency about the valid earning success rate.
Please, watch this movie, and you will be shocked how MLM can harm you and your family!
Let Me Go Through The Plus Points And
Other Complains About NuSkin
Plus, points of Nuskin
- It is a well-known company and old Giant in this Business
- Products are good Quality of the product is good so thumbs up there
- Products are easy to sell as it is related to skin.
- Ratings of this company in the market are higher which
Nu Skin C
- Same old business tough for a newcomer to work in this business and get success.
- This cannot be full time earning.
- Many of the time false claims had been made, and they got punished for that.
- Same old pyramid scheme that is not valid in many places. For example, China has fined NU Skin Enterprises Inc more than $500K for illegal goods sales and misleading consumers. Source: Reuters.
- Some of the products failed to pass the test in a laboratory.
- They are going to have bad publicity especially now after
BBCmovie: Secrets of the Multi-Level Millionaires
Is Nu Skin Scam or Legit?
First, Nu Skin is not a scam. It is a legit company with high-grade products that you can use, but it’s not worthy of your time, and it’s not for all too.
Companies products are good but to do business out of it is a tough thing as it is MLM kind of work, and many of them believe it’s a Pyramid scheme.
Here is only a 25% chance you may succeed which means it is not a scheme where you can join it blindly.
Instead of earning you might end up spending your own money in it.
There are many reviews where NuSkin has been criticized hardly with proof. The things which are told by the company are not real as some of the claims are false especially 40% + commission.
So, my opinion is evident for this company called Nu Skin.
I would say NO and give a 2-star rating and that too because of its sustainability in the market for more than 25 years.
There are many other options in the market where you can earn money from home.
For that, you have to:
Read my post to get a better idea of:
It is free to join an excellent concept, and anyone can work from home and earn good money from it. And you can also do it as full-time work once get a proper idea of this work.
So I feel rather than wasting time in NuSkin try you will get a better return and it is free to join so no worries for money.