NuSkin is one of the several multilevel marketing and direct selling companies available in the market. Each year, new companies get introduced to the market, and many perish. NuSkin has been around since 1984 and managed to become a stable MLM business over the decades. But that is not all you’re here for, are you? You want to know if the company is trustworthy. Whether can you invest and become a member or not? This NuSkin review should cover all the factors for you. We commend you for not jumping right into the business and taking a decision to get informed first.
Introduction to NuSkin:
NuSkin is one of the health and wellness related companies. The primary focus of the company is on Skincare and cosmetic products. The quality of the products is good. The company focus on providing the best self-treatment products to its customers. The company is among the 100 most trusted companies in the U.S. It has a constantly growing revenue and around one million distributors around the world.
NuSkin products contain standard applications and results. They cover everything you’d expect from a personal care company; UV protection, skin renewal, anti-ageing, facials and cosmetics. Each company has its signature product, and NuSkin’s seems to be ageLOC, which minimise the ageing and wrinkling of the skin to the very limits. The company offers ageLOC spa products, which claims to deliver assured skin improvements.
Membership and Business:
NuSkin is rather costly with its membership compared to other MLM companies. In the world where you can become a member with just $30, NuSkin requires the purchase of products worth $100. There is also a monthly renewal of around $25 to $30, which is auto-subscribed by the members. It almost seems like the company is leeching off its members. The company works on a pyramid scheme. The more members you make, the better your profits are. But as the company contains deadlines for the product consumption and minimal sales requirement of 80%, the task can get laborious. The company loses its MLM Benefits of allowing its members ease of the working environment.
NuSkin compensation plans require you to get members; by hook or by crook. The sales of products are essential, and the consumption rate should be 80% per month. The company is not ideal for direct selling; it is more focused on network marketing. You can earn up to 25% on retail sales and 5% on downline sales. Initially, 5% is better than 25% if you look at the bigger picture. 25% is still a marginal profit to be made, but the business of Nuskin hugely depends on network formation. Get your friends and family to join. The company has a revenue of over 2.5 billion, which is steadily growing each year.
Reliance and Efficiency:
The company has faced several lawsuits with various claims. Company has won major ones but had to settle with the ones important for the image for the company. Such actions make the company appear to be shady. It is not reliable and fails to build the required trust with the consumers. The company employs hard-selling tactics and will have a product for every problem or deficiency the body encounters. The auto-renewal of the monthly subscription is not made aware.
Although the company employs the return product policy, it has a time limit. The vagueness of the company makes it hard to conduct business. NuSkin price is also very high, reaching the mark of up to $180 for a product. While the company has mainstream certifications, it still fails to deliver on its claims. So the company scores overall really low on the reliability and efficiency field of a proper MLM company.
The Final Verdict:
If you’re someone who believes in good faith, NuSkin business is not for you. It requires you to sell the products and make as many members as possible. The process requires unethical methods. The products may be effective, but the price makes them hard to sell. If you’re a really good salesman who can exploit the customers for your profits, then this company is ideal for you. The company has great rewards and several schemes to apply. The shady front of the company is not good for the consumers or its members. Although the company would not disappear suddenly, it might not stay for long.