Nu Skin Review
Is Nu Skin a Scam?
From my observations, it is not. I’ve researched around 60 mlm (multi-level marketing) companies more or less and they are all mostly the same. You have a compensation plan and a quality product to sell, and it’s up to you to make something of it. I don’t recommend mlm opportunities because it’s going to take a lot of work which will involve you getting out of your comfort zone. Let me tell you what Nu Skin is all about within this review, and then you can decide whether you want to join or not.
The Good & the Bad
PRO #1 – Long track record (founded in 1984)
PRO #2 – quality products
PRO #3 – lucrative compensation plan
CON #1 – Expensive to operate (starter kits and monthly requirements)
CON #2 – expensive products
CON #3 – time demanding business
What do I mean by time demanding? Well, I couldn’t help but wonder, what happens if you just stop, or even take a break? Things can get really hectic such as a drop in business and income. Also, keep in mind how much time and effort you will need to put in to get in front of people for prospecting and home parties. I don’t know about you, but I don’t have that kind of time.
Have you ever heard of affiliate marketing? This on the other hand is different. You build an online business and get paid off of keywords; the life of the keyword! I won’t get into depth about it, but you can find training for this here. Basically, as long as people are searching the internet, you can get paid.
Who is Nu Skin For?
- Stay at home moms looking for a business to start.
- Anyone looking for a part time business.
- Anyone interested in building an organization.
- Someone passionate about skin care.
- If you are a business already and care to add Nu Skin to your product line.
Nu Skin Tools, Training, & Support
One of the downfalls of all mlm (multi level marketing) companies is the lack of training. Of course, when sign up you will get some business materials such as the compensation plan and getting started guide, but for the most part you’re on your own. You will need to get with your sponsor, or upline, for demos and presentation so you can learn about the products and marketing them. It is in their best interest to train you the best way they can because they will end up making commission from you.
Nu Skin Products
For the sake of saving time, I’m going to be brief about Nu Skin products. As you know, they’re in the skin care industry with a concentration in anti-aging. This industry is booming, needless to say. Here goes a summarized list of what Nu Skin offers:
Peels, masks, and scrubs
Hair Care – Shampoo, Conditioner, and Treatment
Oral Care – toothpaste, toothbrush, mouthwash, etc.
Sun Protection SPF
Cosmetics – powder, foundation, eyes, cheeks, etc.
Weight Management Systems
Men’s and Women’s Health
Targeted Health Solutions – memory, bone & joint, digestive, etc.
There are literally 100s of products! There is no way you will ever run out of products to recommend to customers. As a skin care professional, you will want to become knowledgeable about these products so that you can recommend them to people when investigating what their problems are.
Can You Make Money With Nu Skin? – The Compensation Plan
Nu Skin’s compensation plan is not black and white, what I mean is, it’s not so simple to explain. Usually, other mlms can break it down step by step such as Younique or Avon. However, I’ve reviewed dozens of mlm products so I can surely explain this one in an easy to understand way.
Fast Start Payments
You can get bonuses by selling Starter Kits. For example:
age LOC Spa Beauty Pkg = 250 PSV (Personal Sales Volume), or $100 bonus.
Business Builder pkg = 1000 PSV, or $400 Bonus
Now the rest is really confusing but here is what you need to know. You start out as Distributor, then work your way up to Executive. How do you do this? You need to recruit others to do the same. You need to accumulate 6000 GSV (Group Sales Volume) within 6 months.
You will earn 5% on your first level. Then levels 2 to infinity you can earn anywhere from 9-15% (other sources state this amount can go up to 20%). As you know, the way to continue earning more and more commissions are by selling products/packages, and recruiting more and more people.
By reaching the Leader level, you’ve reached the top level. You now qualify for more commissions. Every time one of your team members reaches Leader, they branch out to what they call a Generation. You then earn 5% out of their organization. You no longer can use their production to contribute to your goals, but the company will pay that percentage to you as a bonus. Nu Skin pays up to 6 Generations, which is outstanding. Most others only pay up to 3.
Watch the video below for a thorough understanding of how the marketing plan works at Nu Skin.
How Much Does it Cost to Join Nu Skin?
A couple of sources say that the registration fee is $25-$35. Then you can purchase a Starter Kit to get started. The kits range from $175 to $480. Follow the link to learn about all the optional Starter Kit purchases: Starter Packages.
Why do you need to purchase a Starter Kit? If you really want to make money, you’ve got to invest in your business. Personally, I don’t like mlm (multi level marketing) products and I know this. This is because you’re becoming a salesman. How can you sell anything without really knowing the product? Furthermore, how can you go around selling anything without any products? Most people want to see a product or feel it before they purchase it.
As a distributor you will learn all about the product and also learn how to do presentations or home parties. Advance notice, a lot of people will think what you’re doing is a scam, but the proof is in the pudding. You can always prove people wrong. You will need to become a really good salesman to determine what a person needs so that you don’t offer something that they don’t need or think is not worth the money. Especially with Nu Skin and their anti-aging products; they are very expensive.
My Final Opinion of Nu Skin
I’m not against mlms, but I don’t recommend them as a start up company. You’re going to need to have money to get started. You won’t make any money until you start selling products. When you start recruiting people, that is where the real money is. You can become financially free with an opportunity like this but you have really got to put in the work.
Everyone thinks mlms are a scam, but the truth is they are a legit way to make an excellent opportunity for yourself. That an internet marketing. I don’t care what no one says, a business takes time and money to build. Don’t fall for the real scams out there that state otherwise.
Nu Skin at a Glance…
What do you think? I would love to hear your opinion about Nu Skin down below. If you have a personal experience with their products and service, also chime in. Your feedback is much appreciated, and it truly does help others!
Let me know in the comments below! 🙂
Other sources: Comp Plan