In this Nu Skin review, I will give you the scoop on the company, the story, the products, the comp plan and, most importantly, why 97% of Nu Skin representatives fail.
First of all, I want to say that Nu Skin seems to be a solid and legitimate business. There will be no denigration in this review. They have been a leader in the MLM industry for the past two decades. They would have created 700 millionaires worldwide and some sources claim that the company creates a new millionaire every 10 days. So, how can you dispute statistics like this?
L & # 39; Company
Nu Skin was founded in 1984 by a brother / sister team (Blake and Nedra Roney), their good friend Sandi Tillotson and Steve Lund. In 1984, they started with an investment of $ 5,000 and a dream that today has resulted in a billion dollar company with more than 820,000 active distributors in 48 different countries. This company has a long-standing positive revenue history with a forecast 2011 business figure of $ 1.60 billion. Since its inception, Nu Skin's mission is to improve people's lives through quality products, rewarding business opportunities and an uplifting and rewarding culture.
Nu Skin is also very important to give to those who need it and supports humanitarian efforts around the world. Their efforts began in 2002 with their Nourish the Children initiative, which now provides approximately 80,000 meals per month to children in Malawi. In 2006, the Nu Skin Foundation for Good Foundation founded the Village of Mtalimanja Project (this project was nominated by the people of Malawi – Mtalimanja means "long hands giving"). This village project has created a "living classroom" for about 40 Malawi farmers and their families to educate and train fish farming, drip irrigation, sustainable agriculture, forest conservation and tree planting. Founder Steve Lund said these programs are not about giving documents, but about empowering people to become independent and lead a better life. At the time of writing these lines, the first student families have spent nearly two years in the village and will soon return to their own villages to teach these new principles to others.
In 1984, Nu Skin Enterprises was founded and launched an original product of 12 products. Today, they literally have hundreds of products that respond to a variety of skin-related problems, many of which focus on the anti-aging. They also offer men's treatments, body cleansers, body scrubs, hair care, oral care, sun protection and cosmetics. Due to the enormity of the inventory, only the most popular and effective products (as advertised) will be explained below.
– ageLOC. To put it simply, ageLOC is the science of aging at its source. Nu Skin has collaborated with scientists around the world (ie Stanford, Purdue and LifeGen Technologies) and has been able to identify super markers called Youth Gene Clusters, which are functional groups of genes that regulate how we appear to be aging (no other company would have identified these clusters of genes). They argue that the ageLOC property science understands how to reset these clusters of young genes to their juvenile patterns of activity. Dr. Joseph Chang, Scientific Director of Nu Skin, says, "There is no doubt that to maintain a youthful appearance, genes must regain their juvenile activity rhythm." By analyzing human tissue at the genetic level, we have learned the role of gene expression in retaining youth. "The ageLOC skin care range was launched in January 2010 and broke all records. As these statements about the possibility of resetting genes to restore young people are nothing short of miraculous, many people report that their age has been reduced by five, ten and some even say twenty. With the skincare line nicknamed "the tip of the iceberg", Nu Skin has recently added a nutritional supplement called Vitality to its ageLOC range. It is a nutritional product deemed capable of reversing the aging process (from the inside). Imagine what it would be to "reset the clock"! This causes quite a stir as you can imagine. People are coming out of retirement just to get back into Nu Skin and market this amazing product. There will be a LOTof money earned on this one ….
– Galvanic Spa. The Galvanic Spa is also part of the ageLOC system and is used to eliminate wrinkles and look younger. Galvanic treatments are nothing new and have existed for over a hundred years. Galvanic treatments use gentle, painless electrical currents in combination with topical products that also have the same charge. Thus, by formulating products to possess a specific charge and using gentle, safe and painless electric currents of the same charge, the currents are able to "push" the product directly into the skin. These treatments, by a gentle massage action, help to concentrate cellular energy and improve circulation. These treatments also stimulate blood circulation, bringing a number of benefits to the skin. Until the creation of the portable controller, galvanic treatments at the spa could only be performed in salons or spas and it was a very expensive affair (many people paid hundreds of dollars per treatment). Nu Skin has created its own award-winning, patented portable device that offers all the benefits of a galvanic spa without leaving your home. They have also reduced the price of galvanic treatments at the spa to about $ 10 per treatment and treatments can be done in less than ten minutes a day. This has caused the attractiveness of MASS and the demand for this product is huge.
– Pharmanex. This is not really a particular product but a range of products that offers a comprehensive approach to anti-aging with nutritional supplements formulated to nourish and protect the body from the ravages of time. ageLOC Vitality belongs to this category of Nu Skin products. This wide range of products offers a range of nutritional products such as: reverse gene therapy (thanks to ageLOC science), cell protection, energy and endurance, heart health, immune support, mood support, men's health, women's health, support of bones and joints, memory support, specialized needs (ie eyes, veins, detoxification), digestive health and weight management.
The compensation plan
Welcome to the "smoke and mirrors" part of this review. Seriously, it is so that most network marketing plans stand out when you search for them. A lot of jargon and complex words and phrases to make it "official" and probably more than it is. The bottom line for making money in any network marketing business is VOLUME. You will have to sell on the volume to earn money. Nu Skin pays around 45% and they usually pay the highest percentage of commissions on a $ 1 billion network company. Check for yourself – this is public information because Nu Skin is a publicly traded company and it must report this information (and their reports must be accurate).
When Nu Skin opened in 1984, they had the "old school" comp plan … and yes, they still do it (breaking stair step). In fact, their plan has hardly changed in 25 years. That would scare a lot of people, but why would it? Again (from the intro section of this review): Nu Skin has created more than 700 millionaires worldwide and is in the process of creating a new millionaire every 10 days.
The company's compensation plan does its job and seems to encourage the good behavior of its distributors. Do not be fooled by all the hype you read about network marketing companies. If it's a listed company, this type of information is easy to find and very accurate. This comp plan creates new blue diamonds on a weekly basis, which demonstrates the strength of the compensation plan.
Why 97% of Nu Skin representatives struggle and fail
Ok, so you have this so-called good business with a solid history, good products, a good mock plan and solid plans for the future. So why the heck 97% of Nu Skin representatives fail miserably? There would be 700 millionaires in this company, while there are 819,300 other representatives? You can bet that most of these people are down, without support up front and in trouble and, if they have not already given up, are on the verge. Why? Please refer to the explanation below.
First of all, it is NOT the fault of the company. Just look at the facts of this review. The only negative point that we can see with this company is that there are MANY distributors and that products have already been exposed to millions of people. But Nu Skin is still going something new and would be ahead of its competitors in its niche. You do not really have to worry about it. As for the number of distributors … yes, 820,000, that's a lot, but with the economy as it is and the people needing to supplement their income, you have enough NEW people every day who are looking on the internet for home business opportunities that you should not worry about either. It is said that the moment has never been so good to start a home-based business. And the MLM industry has created more millionaires than any other industry.
Nor is it the distributor's fault. They do not start a business with the idea of intentionally failing it. They want money, success and all that goes with a successful home business. The secret lies in WHAT THEY ARE TEACHED.
Leadership – How to become one of the top 3%
The only way to beat this 97% failure rate and get the leadership status you want is to KNOW. All I can say is to learn, learn and learn more. There are MANY people who "get it" and use what is called "attraction marketing" to build very successful businesses. Do some research on these successful people (and do attraction marketing) and learn from them.
You must BECOME the leader and stand out. Believe in yourself and your business. Do not take the answer NO of yourself. From now on, do everything in EXCELLENCE and expect nothing less. For this to happen … there is no excuse.