Do you want to know what is the Nu Skin Enterprises? Are you in doubt if it is a worthy investment? Do you feel like it is just a scam to watch out for? Before you jump into conclusion, read first my extensive Nu Skin Enterprises review.
Before we jump into the review proper, let me point out that I have always been making reviews about various MLM companies. I made this as a passion because I want to impart to everyone my knowledge and experience towards these programs. By the way, if you want to start a legit way of earning, check out the #1 recommended work at home opportunity.
Company Name: Nu Skin Enterprises
Price to Join: $25
My Rating: 7.8 out of 10.0
What is the Nu Skin Enterprises?
Nu Skin Enterprises is a multi-level marketing company that operates in countries like USA. The company is growing and is being introduced in more and more countries. Nu Skin was initially founded in the USA and it has been around for some decades. The company has been around for some time and this means that they know how to do business.
The products of the company include skincare products, healthcare products, men’s care, oral care and much more. The company offers products that are related to personal or healthcare mostly.
In this review I will take a closer look at this company and I will try to determine if it is a pyramid scheme or not. Pyramid schemes are those schemes whose employees earn most of the money by recruiting others and not by selling the products or services. Pyramid schemes are illegal and they should be avoided at all costs.
How Does Nu Skin Enterprises Works?
Nu Skin Enterprises has a compensation plan just like any other MLM companies. First of all you have to join under one of the existing distributors of the company to begin working. You also have to buy the starter kit. The price of which will be discussed a little later.
Following are the main ways to earn money in this MLM business:
1. You can earn money through retail sales by selling the products that are purchased by you at a wholesale price. The percentage of profit is 25 percent on retail sales. As a distributor you are paid 5 percent commission on Level one sales volume based on your Commissionable Sales Volume.
2. You can also earn from Fast Start Payments when your Distributors or retail customers purchase Fast-Start Product Packages.
3. You can earn more and more commissions from your downline sales as you advance in your business. The commissions are paid when you qualify as an Executive. The percentage of commission is around 9 percent to 15 percent and it is paid on your Group Commissionable Sales Volume.
I must say that their compensation plan is not that unique. Although the earning potential is great, we haven’t talked about the cost of joining so just keep reading.
How Much Does it Cost to Join?
It is not free to join this company and that is the case with most MLM companies. You also need to find a sponsor but that is easy. The distributor who works for the company can be your sponsor. I looked around the company’s website but there were no mention of how much does it cost to join. But I still managed to gather some information, the cost of joining is around 25$ but this doesn’t include any product.
How Much Can I Earn?
Your earnings does not only depend on you but on some other factors as well. The MLM business is really tough and most people fail in this business. The percentage of people that succeed is much less than those who don’t.
An average person doesn’t make enough to keep him or her interested. Those people who do extremely well will earn thousands of dollars per month but to reach that figure you have to work extremely hard and still there is no guarantee of success.
The problem with this kind of business is that the competition is very high and after a certain point it becomes even more difficult. Let us assume that you were not able to perform well even after a lot of hard work then you will earn a hundred or two per month.
So if you are happy with 100 or 200 dollars per month for your hard work then you should join this company. I am not happy with these earnings and it is a matter of luck whether you will earn thousands or just hundreds. Most people earn hundreds and they eventually quit. I do not want you to waste your time so think about it.
Are there Any Complaints?
Yes, unfortunately there are some complaints. Let us take a look at them.
Some customers complain about hidden charges and recurring charges.
This may not work for everyone especially to those people who have no prior experience in this kind of business.
Nu skin Enterprises is not a scam. I cannot call this a scam because it is trusted in spite of the claims that this is a pyramid scheme. This company is legit but it is not worthy your time. Why? The earning potential as I discussed earlier is not so high for most people.
The Distributors of the company will try to convince you that this opportunity is good but now you know the truth. You have a very low chance of earning the income you want so why waste your time and efforts. The choice is yours but I do not recommend this company at all. Good luck and choose wisely.
- Learn Entrepreneurial Skills
- Earning potential is promising
- Might be Overwhelming for Beginners
- Success is not Guaranteed
Is there Other Way to Earn at Home?
I know that you want to join in Nu Skin MLM because you are eager to have an extra income aside from your daytime job. I also feel that you want to have more time for your family and friends, and having your own business is one way to do it.
Actually, I also felt the same way as you before. I thought that MLM business is easy. But I realized that it is not that easy to attain this goals. It is not enough to join a company and just follow the steps and training.
I believe that a support system is far way more important in order to be successful in this type of business. In this way, if ever you have questions about anything, you have someone to run into.
Now, your next question is, how can you really make money at home? 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 this will enable you to enjoy your working time at home.
Basically, you will earn by just following your passion and sharing your thoughts about it to other people.
Right now, I am on my first year in this community 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 the Nu Skin, feel free to comment it below and I would be glad to interact with you.
Let me hear your experiences on the comments below!