This review is all about the Nikken MLM company. Do you want to know if you can really earn some money from being an independent Nikken consultant? Are you curious if it is legit or just a scam? I suggest that you read this review in order to learn more about it.
What is Nikken?
Company Name: Nikken
Owner: Isamu Masuda
Price to Join: $99
My Rating: 5.8 out of 10.0
Nikken is a Japanese multi-level marketing company that sells products in the health and wellness niche. The company offers products in four main categories, which are rest and relaxation, personal care, water and nutrition.
The company offers some expensive products like the Kenko Natural Mattress Topper, which can cost you more than $1,500. Most products can however be bought for less than $100.
They have products that claim to use magnetic technology like the Kenko Natural Mattress Topper. The magnetic technology seems to work well for most people, but not all people see a difference.
The founder of this company is Isamu Masuda, who founded this company in the year 1975. This company has a really long history, and they have expanded their product line nicely. However, they still have a long way to go as they can surely add more products.
This Nikken review is about the opportunity that this company offers. We will see if this company is worth joining or not. I recommend that you read until the end to clear your doubts about it.
- How Does Nikken Work?
- How Much Does It Cost to Join?
- How Much Can You Earn?
- Are There Any Complaints?
- Bottom Line
How Does Nikken Work?
I don’t want to waste your time, so let us take a look at the ways of earning money through the compensation plan of Nikken company.
Ways of Earning
- Retail Profit
- Personal Commission Volume Rebate
- Personal Group Commissionable Volume Override
- Leadership Bonus
This is the only way to earn right after joining the company. You will need to recruit people and advance in the ranks to earn through the other ways.
You can earn 25% retail profit from your personal sales to the customers.
The retail profit is simply the difference between the wholesale price that you pay and the retail price that the customers pay.
Personal Commission Volume Rebate
Personal Commission Volume rebate or PCV rebate is the amount of money that you get back from your personal product purchases. You can earn rebate in the range of 5% to 20% depending on your rank in the compensation plan.
After you qualify for the rank of Senior Distributor, you can start earning personal rebates.
You need to maintain 100 personal volume per month to keep earning rebates and other bonuses that I will mention below.
Personal Group Commissionable Volume Override
You can earn overrides on the group commissionable volume generated by your downline. This bonus basically depends on the purchases and sales of the people that you recruit. Your downline will grow when you recruit people, and they recruit others. Therefore, you can have multiple levels in your downline with a lot of distributors.
The percentage of override that you earn depends on your rank in the compensation plan. You can earn overrides in the range of 5% to 20% depending on your rank.
One important thing to remember is that the overrides are the difference between the rebate that you earn and the rebate that a person in your downline earns.
For example, you earn a 20% rebate because of your high rank while he only earns a 5% rebate, then you will earn the difference (15%).
When people in your downline start to earn an equal amount of rebate as you, then you can’t earn overrides from them. However, you can earn Leadership Bonus from them if you are a Silver distributor or above.
This bonus pays you a percentage of the volume generated by Silver distributors and their team up to 6 levels deep.
As a Silver distributor, you will earn on two levels only, and you will have to reach the second highest rank to earn on all six levels. You are paid 6% of the volume of the Silver distributors and their team.
This can be a big amount because Silver distributors usually have a large team of active people.
There are other ways of earning money through the compensation plan like Lifestyle Bonus. I am disappointed by the fact that they don’t provide much information about the compensation plan on the website.
You have to rely on third-party sources that can cause confusion.
The compensation plan is not a great one in my opinion. I dislike the fact that you need to have $100 personal volume to stay active each month. The compensation plan is not offering you a really high percentage of bonuses either.
Some MLM companies offer as high as 35% or more profit on retail sales, which is not the case here.
How Much Does It Cost to Join?
If you want to join in Nikken, you have to buy a kit that will cost you $99 plus shipping to become a consultant.
This is not a lot of money, but you may need to spend money monthly to earn commission from the compensation plan. The 100-personal volume per month requirement can prove to be a big burden if you don’t make enough sales.
How Much Can You Earn?
The company published its Income Disclosure Statement in the year 2016. I don’t know why they didn’t publish an Income Disclosure Statement after that, but it should give us a good idea about the earnings that you can expect to earn from this company.
The figures from the Income Disclosure Statement are very disappointing to be honest.
Around 33% of consultants at the Silver level earned an average yearly income of $552.40. They may have to spend more than that to keep earning from the compensation plan. The average annual income of people at lower levels is a lot lower than $552.40.
Around 13% people had an average income of more than $500, but still it was around one to three thousand dollars for the majority. Even $3,000 per year is not anywhere near a full-time income.
I know that these figures are averages, but they do show the condition of this opportunity. Only a selected few can hope to earn a full-time income through this company.
Less than 1% people would actually be able to earn a full-time income through this company based on the Income Disclosure Statement.
Unfortunately, most people will fail terribly and quit sooner than later. This is not just the case with this company but all MLM companies.
Are There Any Complaints?
Yes, I have listed some complaints below.
“One of the biggest problems is the shipping. It is erratic and problematic with really no ability to track delivery or even when an order gets filled.”
“The products are costly.”
Nikken is not a scam. They still offer some helpful ways on how you can earn some extra cash.
On the other hand, I don’t think that you should join this company because of two main reasons. First, the income potential is not great in the majority of cases. Second, some of the products are not backed up by strong scientific evidence.
Nevertheless, I still leave the final decision in your hands. Good luck and choose wisely.
- Old company
- Variety of Products
- Focus on recruiting
- Low income potential
- High failure rate
How Can You Earn Money Online?
It seems like you want to try and join as a consultant in Nikken because you just want to have a new source of income. It also feels like you are already tired of not earning that much from your current job.
But let me tell you that this type of MLM business requires great patience and perseverance. You also have to have good selling and recruiting skills in order to attain the maximum potential of the compensation plan.
On the other hand, if you are still looking for new source of earning, then you can also take a look into my personal choice.
My best suggestion would be through making your own online business with a support from community. Basically it is a modern way of making money. And it doesn’t require any selling.
Right now, I am on my third year in this type of business and I am already enjoying the fruits of my labor. So, I want to share my success with you.
If you have more questions and concerns about Nikken, feel free to comment it below and I would be glad to interact with you.
Let me hear your experiences on the comments below!