Is Nu Skin MLM Scam? can I make Money from Nu Skin Compensation Plan? Is Nu Skin a pyramid scheme? All those questions are answered in my Nu Skin MLM review.
Hey Buddy, I’m Somraj Mondal, Founder, and CEO of Noni4all.com. I’ve reviewed hundreds of MLM companies, Like Smart Value, Forever Living Products, Optavia, Young Living, LegalShield, and many more.
Last week, I did thorough research on Nu Skin MLM company, so I can tell you what you need to know about it.
So, Let’s dive right now.
About Nu Skin MLM
Nu Skin is a Multi-level Marketing company that sells personal care products and dietary supplements under the Brand Name of Nu Skin and Pharmanex brands. Blake Roney, Sandy Tillotson, and Steve Lund founded Nu Skin Enterprise in 1984.
The main business of the company originated in the US and began its initial international operations in Canada, now the company is working in 53 Counties worldwide. Now, Nu Skin is one of the top MLM Companies in USA.
The founder and management of Nu Skin company were determined to build a business that would integrate innovative personal care products with active ingredients. Nu Skin company focuses on beauty concerns such as acne, blemishes, anti-aging, dark circles, puffiness, lifting, firmness, Nutritional products, discoloration, dry skin, lines, wrinkles, oily skin, and many more.
Nu Skin Company Profile
|Company Name||Nu Skin Enterprise|
|Founder||Blake Roney, Nedra Roney, Steven J. Lund, Steve Lund & Sandie N. Tillotson|
|Head Office||Provo, Utah, United States|
|Products||Personal Care & Dietary Supplements|
|Email Id||[email protected]nuskin.com|
Is Nu Skin Legit MLM?
Yes. Nu Skin Enterprises is a Legit MLM Company. According to the business plan of the company, you earn from all the sales you make, in addition to income from the people you hire to represent you, called your team. Most of the Distributors or Direct Sellers of the company are interested in recruiting new members to build a large Downline or Team which helps them to earn more money.
For instance, if you hire someone who has a strong Business or Entreperiunal Mindset and has a skill in sales, you can earn without lifting a finger. So in that case, your income is not the result of selling products himself, but from hiring people to do the actual organization.
Consequently, the more people you can recruit to your Team or Downline the more cash you will earn.
How to Join Nu Skin MLM Company?
The joining process of Nu Skin MLM Company is very simple. Anyone can join the company by registering on the main official website. If you need a sponsor, however, it is very simple. You can find a close friend who sells NU Skin products to enroll you or find one online.
Once your distributor’s network is built, the distributor can start earning profits, commissions, and many more perks meeting the requirements. Though, As per the company rules, a distributor does not have to pay anything while joining, after registering to the company, you have to buy some Nu Skin’s Products. It is Mandatory.
The Joining Product Package costs between $475 as well as $1519. The company or Existing Distributor of the company encourages you to register on the Automatic Distribution Rewards (ADR) program. It means continuously getting a certain total product to be an active distributor. ADR requires a $100 standing order.
So, to act on the Program, you need to earn $200-$350 monthly. Understand this before jumping knee-deep into Nu Skin MLM. To sum up, Joining Nu Skin MLM is free. But to become a qualified representative, you need to spend some $100.
Nu Skin Products
Nu Skin most focuses on Skincare Products. The collection of its skincare products is the standard collection that includes anti-aging skincare items, plus UV protection, skin hedge, AHA facial peels, and neutralizers.
In addition, the company has expanded its offering to more than 200 personal treatment products such as cleansers, toners as well as anti-aging skin care products. In addition, Nu Skin Enterprise also stands on the Top MLM Makeup Company List.
Apart from the skincare products, Nu Skin MLM company also sells Hair care, Mouthwashes, cosmetics, and hair care products. You can check out Nu Skin Products List to see all the products of the company.
The company claims to bring beauty products that are made by combining Natural and scientific products. There are also Fast Start product packages that help distributors and retailers earn Fast Start payments when they sell a package. Product prices vary by country, so consumers should compare Nu Skin’s product quality and prices to the retail market for a better understanding.
Nu Skin Compensation Plan
There are mainly two types of earnings in the Nu Skin Compensation Plan. One is Retail Profit and another is Commission Basis.
1. Retail Profit
Distributors or Brand associates purchase the company’s products at a lower cost than the MRP price, which is called Distributer Price or DP, and sell them at retail prices The difference between the retail price and the discounted price is the retail profit.
The company provides suggested retail prices to distributors but allows them to set their own prices.
Nu Skin distributors earn up to 30% commission from their own personal sales of Downline sales.
Here are the types of Commission of the company;
- Volume Commission (5%)
- Executive Bonus (depending on GSV)
- Business Builder Position Commission (5%)
PSV: Personal Sales Volume IS monthly points of total purchase made by a distributor.
GSV: Group Sales Volume which is Downline’s Total PSV.
1. Volume Commission (5%)
Volume commission is calculated as 5% of the purchase made by the direct downline. Basically, this commission was known as the Level 1 (L1) bonus. Also, to be eligible for the L1 bonus must have at least five unique sales and 100 PSV (personal sales volume).
2. Executive Bonus (depend on GSV)
By following the 3-month qualification requirements, Distributors can become executive leaders.
- Submit LOI (Letter of Intent) producing a minimum of 1000 GSV and 100 PSV.
- Qualify for Executive (Q1) by generating a minimum of 1500 GSV and 100 PSV.
- Qualify for Executive (Q2) by generating a minimum of 2000 GSV and 100 PSV.
Downline distributors with their downline and executive ranks are known as Breakaway Executives. If there are no other executives in between, these are called first-generation breakaway executives (frontline or G1 executives).
There are 2 major benfist of Excutives;
- Volume maximizers
- Wealth maximizers.
1. Volume Maximizer: Here, in this plan, the executive gets a Double Generation 1 Bonus (DBLG1) along with Additional Executive Bonus.
2. Wealth Maximizer: Here, in this plan, executives can get a breakaway executive bonus with a 5% commission earning on CSV for up to six generations.
3. Business Builder Position Commission (5%)
Also, distributors will have the opportunity to earn a Blue Diamond Business Builder Position (BBP) if they are eligible for BBP executive. It can be established for Blue Diamond Executives if they maintain a minimum of 12 Frontline (G1) Executives for two consecutive months. BBP will get an additional commission of up to 5% for every new join-in downline.
Nu Skin Rank
These are the rank of Nu Skin MLM company.
- Brand Affiliate
- Brand Representative
- Gold Partner
- Lapis Partner
- Ruby Partner
- Emerald Director
- Diamond Director
- Blue Diamond Director
Is Nu Skin Pyramid Scheme?
As we know, in the upper part of this article, Nu Skin Distributor earns money by selling products and recruiting new members. So, it’s safe to claim that Nu Skin is not a pyramid scheme.
Though, some people call Nu Skin is Products Selling pyramid scheme. Basically, it means that a lot of people at the bottom of the pyramid acquire a lot of products to ensure that the people at the top of the pyramid can get a good amount of money and people of the lower part make a little bit.
So, In Short, once again, “Is Nu Skin a pyramid scheme?” The simple answer is No.
Is Nu Skin a Scam?
In my Nu Skin MLM Review, Nu Skin is not a Scam. The company sell good quality products and give commission to their member as per the sales.
Although this MLM offers good quality products to its customers, its commissions are too low to make this company a good business opportunity. Recruit hundreds of active customers to make a decent part-time to full-time income as a product advocate.
Nu Skin Pros and Cons
- NU Skin Enterprise is a reputable company that has been working since 1984.
- They work in a good and long-position industry of health and beauty.
- The Products of Nu Skin company are also relatively high quality.
- You don’t need a minimum purchase or inventory to join the Brand Affiliate team.
- There is no sign-up fee or purchase of a starter kit as soon as you join NU Skin MLM.
- You need to pester friends and family or anyone to join you and Do Nu Skin’s Network marketing.
- 85% of distributors earn nothing with Nu Skin.
- You are becoming the black sheep trying to fool people into the Nu Skin “Pyramid Scheme”.
- This is an actual Business of Hiring or Recruiting People, not actually selling products.
- You need to earn at least 2500 points to qualify as an independent distributor.
- The Products of Nu Skin are quite expensive.
Nu Skin MLM has actually been around for a while. Some people are making a decent income from the business model. It, of course, depends on each individual and their skills and ability to sell these products. This MLM doesn’t give you anything new to work on.
They don’t have a unique product, and already many companies and brands are doing better than them.
So, this is my conclusion from the Nu Skin MLM review. Overall, I don’t recommend joining Nu Skin MLM. We already know that MLM’s success rate is only 0.4% and it takes more than thousands of days to build a strong network.
However, I hope you got complete information about Nu Skin company from this Nu Skin review.
Now, I want to know from you:
Or, want to join the Nu Skin Company to earn money?
Let me know in the comment section Right now.
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I am Somraj Mondal. I am a College Student, Blogger, Networker, and Finding Ways To Make Money as a Student. I love to Explore new things and giving solutions to Problem which Problems People can faces. also, a Passionate Runner.