Health and Beauty products have been a booming industry for a very long time. A recent report has stated that, as of 2022, the world H&B industry is worth over $534 billion in revenue. Needless to say, many online entrepreneurs have looked to these products as a way to earn a profitable income. One such opportunity comes from the well-known H&B company, Nu Skin Enterprises.
If you're like many online opportunists looking to bank off the cosmetic skin care industry, then you more than likely have come across Nu Skin. In this Nu Skin Enterprises MLM Review, I go over everything you need to know to decide if it's the right income opportunity for you.
What is Nu Skin Enterprises MLM?
Nu Skin Enterprises is a global multi-level marketing (MLM) company that markets and sells a variety of wellness products, most notably Skincare. They were founded in 1984 by Blake Roney, Nedra Roney, and Sandie Tillotson in Provo, Utah. The company has over 5,500 employees worldwide and operates in over 50 countries.
Nu Skin's mission is “dedicated to improving the quality of life by providing innovative consumer products, rewarding business opportunities, and an enriching, uplifting culture.”
Nu Skin Under Legal Fire
It's unfortunate, that Nu Skin has been no stranger to legal trouble over the years. In 1997, they were investigated by the US Federal Trade Commission (FTC) for making false claims about their flagship anti-aging product, the “AgeLOC” line. The company was ordered to pay a $1.5 million fine and change its marketing practices.
Also, In 2014, the company was fined $47 million by the Chinese government for running illegal pyramid schemes and false advertising. This has given the company a bad rep over the years and since then they have had to restructure their business operations.
What Products Does Nu Skin Enterprises Offer?
Nu Skin offers a wide variety of health and beauty products, ranging from skincare and cosmetics to dietary supplements and teeth whiteners. They have a product for just about everything. Some of their most popular products include:
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- AgeLOC Galvanic Body Spa
- Tru Face Essence Ultra
- LifePak Nano
- Ageloc R2
- Nutriention Products
- The Pharmanex scanner
- Various Supplements
Are the Nu Skin Products Worth Their Price?
The answer to this question is a bit complicated because it really depends on the person. Some people may feel that the products are worth every penny, while others may think they are overpriced. Here's my take on it:
The products are of good quality and Nu Skin does have some unique offerings, such as the Pharmanex scanner. That said, I do think that some of their products are overpriced.
For example, the Nu Skin AgeLOC Body Shaping Gel costs $64 on their site.
Now, this may be a quality product, but in my research I found that you can find the same product on Amazon for cheaper.
This can make it hard for you to make any sales when the products are cheaper on other marketplaces. Not only that but you will also find competitor brands with similar products for a fraction of what Nu Skin sells them for.
What is the Nu Skin Enterprises MLM Income Opportunity?
The Nu Skin Enterprises MLM opportunity is called The Velocity program and it is pretty straight forward. You join the company as a distributor, sell their products, and earn commissions on your sales.
You also have the opportunity to earn additional income by building a team of other distributors and earning a percentage of their sales.
This is the typical MLM structure that you see in other network marketing companies.
How Do You Join the Nu Skin Enterprises MLM Opportunity?
Joining the Nu Skin Enterprises MLM opportunity is pretty simple. You can sign up online and there is no joining fee. You will, however, have the option to purchase a starter kit which ranges in price from $39 to $3,000 depending on which plan you choose.
The starter kit comes with everything you need to get started, including product samples, sales materials, and training. Now, as I stated above, this is an optional purchase once you join, but let's be realistic here. How are you going to make any sales if you don't have product samples for your leads?
So yes, you will more than likely need to buy a starter kit to get things going in this Nu Skin MLM.
Can You Make Money with the Nu Skin Enterprises MLM?
The short answer is yes, you can make money with the Nu Skin Enterprises MLM. The company has been around for over 30 years and is a legitimate way to earn an income. That said, it's not going to be easy. Like any business, it takes hard work, dedication, and persistence.
If you're looking for a quick and easy way to make money, the Nu Skin Enterprises MLM is not for you. But if you're willing to put in the time and effort, it can possibly earn you a good side income.
How Do You Make Money with the Nu Skin Enterprises MLM Opportunity?
As a distributor for Nu Skin, you'll be making money by selling products. You buy the goods at wholesale price and sell them to customers who are looking online or in stores.
You can also bring on other people to help you reach your sales goals. There’s no bonus for recruiting members but adding people to your team will get you paid on any downline sales that they make.
Customers can order products online by directing them toward your own distributor website. You can earn anywhere from 5% – 25% of the product price.
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Nu Skin Building Blocks
Nu Skin also pays bonuses to its distributors through a process they call the “Block System”. Two types of Blocks can be achieved. They are known as “Building Blocks” and “Sharing Blocks”.
Each of these “Blocks” is worth points. These points determine your bonus payouts. Building Blocks are points you earn from a group that you recruit. Sharing Blocks are points you receive by selling to customers.
Earning enough points monthly can move you up in the ranks as a distributor, and in theory, earn you more bonus pay.
The Problem with Earning Money with The Nu Skin Enterprises MLM
While this may seem like an easy system to earn sales, there's a lot that you must take into factor. You're not only competing with other Nu Skin distributors, but you're also competing with all the other skincare brands in the market.
It's going to be difficult to stand out and make sales when there are so many other options for customers.
Another factor is the hidden costs. There's the starter kit fee, which I mentioned earlier. And then you have to factor in the costs of shipping and handling when you make a sale. These can really add up, especially if you're selling internationally.
You also have to remember that Nu Skin is a skincare company. And while their products may be good, they're not cheap. To make a sale, you're going to have to find customers who are willing to spend a good chunk of money on Nu Skin products.
This might be difficult if you're targeting the budget-conscious shopper.
Pros and Cons of the Nu Skin Enterprises MLM
- Legitimate Way to Earn an Income
A Wide Variety of Products
A Wide Variety of Products
- Can Be Difficult to Make Money
- Some Products are Overpriced
- Nu Skin Has Had Legal Troubles in the Past
Is the Nu Skin Enterprises MLM Opportunity a Scam?
The Nu Skin MLM Company is a system where earning income can be an uphill battle. The program was designed to make the company a lot of money with little payout to employees.
It's not an illegal scam, but you need to consider how much time you'd be putting into this offer. You could easily get burnt out trying to sell some pricey products in the hopes of making rather small commissions.
I think most people would agree that earning enough money to live comfortably just isn't possible through these sales tactics alone–even if they had years' worth of experience.
My Final Verdict on the Nu Skin Enterprises MLM Opportunity
There is a reason why most people don't get wrapped up in these types of opportunities. If you really like the products, it's easy for your mind to convince itself that everything will work out fine and dandy. You can't allow your special interests to decide the logic of making money in this. All this does is put more stress on an already stressful situation.
The unfortunate truth is the products in these programs are not designed to make you enough money to live on. They're there so that you will continue to buy more kits to sell in the hopes of earning revenue for yourself.
The reality is that you will be putting a lot of time and money into this program, but the money you make won't be worth it.
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