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Within this Nu Skin Review, I'll provide you with the scoop on the company, history, products, pay plan and, most significantly, why 97% of Nu Skin reps are failing.
To begin with, I wish to state that Nu Skin seems to be a good, legitimate company. There will no bashing within this review. They've been an MLM industry leader for the past 2 decades. They have reportedly created 700 millionaires globally and some sources claim the organization is developing a new millionaire every Ten days. Just how are you able to dispute stats like this?
The Company
Nu Skin was founded back in 1984 with a brother/sister team (Blake and Nedra Roney), their good friend Sandi Tillotson and Steve Lund. Twenty six years ago, they started having a $5,000 investment and a dream that today has resulted right into a billion dollar company which has over 820,000 active distributors in 48 different countries. This company includes a long-standing positive revenue history with projected revenue for 2011 being $1.60 billion. Since its inception, Nu Skin's mission has been to improve people's lives through quality products, rewarding work at home opportunities and an uplifting, enriching culture.
Nu Skin can also be very big on giving to people in need of assistance and supports humanitarian efforts all over the world. Their efforts began in 2002 using their Nourish the Children Initiative which now provides about 80,000 meals every month towards the children of Malawi. In 2006, the Nu Skin Force permanently Foundation founded the Mtalimanja Village project (this project was named through the people of Malawi - Mtalimanja means "long hands that give"). This Village Project made a "living classroom" for around 40 Malawi farmers and their families to become educated and trained in fish farming, drip irrigation, sustainable farming, forest conservation and tree farming. Founder Steve Lund stated these programs aren't about giving hand-outs -- it's about empowering people to become self-reliant and achieve a much better life. At this moment, the first student families have spent nearly two years within the village and will soon be returning to their own villages to teach these new principles to other people.
The Products
Back in 1984, Nu Skin Enterprises began and had an original product launch of 12 products. Today, they have literally hundreds of items that address a number of skin-related difficulties with many concentrating on anti-aging. Additionally they offer men's care, body cleansers, body exfoliants, hair care, oral care, sun-protection and cosmetics. Because of the enormity of the inventory, just the most widely used and efficient (as advertised) products is going to be explained below.
-- ageLOC. To put it simply, ageLOC is the science of targeting aging at its source. Nu Skin collaborated with scientists around the globe (i.e., Stanford, Purdue and LifeGen Technologies) and could identify SuperMarkers called Youth Gene Clusters that are functional groups of genes that regulate how we seem to age (no other clients are said to have identified these gene clusters). They state that ageLOC's propriety science understands how to reset these Youth Gene Clusters to their youthful patterns of activity. Dr. Joseph Chang, Chief Scientific Officer of Nu Skin, states "There isn't any doubt that to be able to retain a youthful appearance, genes must regain their youthful activity patterns. By analyzing human tissue in the genetic level, we've learned the crucial role of gene expression in retaining one's youth." The ageLOC skincare line was launched in January 2010 and it has broken all records. As these statements about being able to reset genes to restore youth are nothing short of miraculous, so many people are reporting how old they are being reduced by five, ten plus some even say twenty years. With the skin care line being dubbed "the tip of the iceberg", Nu Skin recently added a nutritional supplement called Vitality to the ageLOC line. This is a nutritional product said to be able to reverse the process of getting older (from the inside). Imagine what it could be prefer to "reset the clock"! This really is causing a significant stir understandably. Individuals are coming out of retirement just to get back into Nu Skin and market this unique product. There will be a LOTof money made on this one....
-- Galvanic Spa. The Galvanic Spa can also be area of the ageLOC system and it is used to remove wrinkles and appear younger. Galvanic treatments are not new and also have been around for more than 100 years. Galvanic treatments use mild, pain-free electrical currents in combination with topical products that also provide exactly the same charge. So, by formulating products to possess a specific charge and using mild, safe and pain-free electrical currents of the identical charge, the currents can "push" the merchandise directly into the skin. These treatments, via a gentle massaging action, help to focus cellular energy and enhance circulation. These treatments also stimulate blood circulation, bringing a number of good things about your skin. Before the hand-held controller was created, galvanic spa treatments could simply be done at salons or spas and was a very expensive affair (many people paid 100's of dollars per treatment). Nu Skin created their very own award-winning, patented hand-held device that gives all of the advantages of a galvanic spa without leaving your home. They also reduced the cost of the galvanic spa treatments down to about $10 per treatment and the treatments can be done in less than ten minutes a day. It has caused MASS appeal and also the demand for the product is huge.
-- Pharmanex. This isn't really one product in particular but a range of items that offers a complete approach to anti-aging with supplements formulated to nourish and protect your body from the ravages of your time. ageLOC Vitality is part of this Nu Skin product category. This vast product line carries a selection of nutritional products such as: reverse gene therapy (through ageLOC science), cell protection, energy and stamina, heart health, immune support, mood support, men's health, women's health, soft tissue support, memory support, specialized needs (i.e. eyes, veins, detox), digestive health insurance and weight loss.
The Comp plan
Welcome to the "smoke and mirrors" part of this review. Seriously, that's how most multilevel marketing plans appear when you research them. A lot of jargon and complex words and phrases all to make it sound "official" and extremely probably more than it is. The bottom line for making profit any network marketing company is VOLUME. You will need to sell on volume to make any money. Nu Skin pays out about 45% and they've past make payment on highest number of commissions out of any billion dollar network company around. Check it out for yourself - this really is public information as Nu Skin is really a publicly owned company and they have to report this information (as well as their reporting needs to be accurate).
When Nu Skin opened it doors in 1984 they'd the "old school" pay plan... and yes they still do (stair step break-away). In fact, their plan has hardly changed in 25 years. That would scare some people however why should it? Reiterated again (from the intro portion of this review): Nu Skin has created over 700 millionaires globally and it is said to be creating a new millionaire every Ten days.
The company's comp plan does its job and seems to be encouraging the right kind of behavior from the distributors. Don't be misled by all of the hype you continue reading network marketing companies. If they're a publicly-traded company, this kind of information is simple to find and incredibly accurate. This comp plan is creating new blue diamonds every week, which is a testament the comp plan is solid.
Why 97% of Nu Skin Reps are Struggling and Failing
Ok, so you've this supposedly good company with solid history, good products, good pay plan and solid plans for future years. So why the heck are 97% of Nu Skin reps failing miserably? You will find reportedly 700 millionaires in this company, what exactly about the other 819,300 reps? You can bet that most of these individuals are at the bottom without any upline support and struggling and, if they have not already given up, take presctiption the verge. Why? Please visit the explanation below.
First, it is not the business's fault. Just look at the facts of the review. The only negative that may be seen with this company is there are a LOT of distributors and also the products have already been subjected to huge numbers of people. But Nu Skin is always coming out with something new and therefore are considered way ahead of their competitors in their niche. Which means you really do not have to worry about that. So far as the number of distributors go... yes 820,000 will be a lot, but with the economy the way it is and people needing to supplement their income, you've enough NEW people every day looking on the internet for home business opportunities that you shouldn't worry about that either. It is stated that now has never been a better time for you to begin a home based business. And also the MLM industry has created more millionaires than every other industry available.
It's also NOT the distributor's fault either. They do not start a business using the thought of intentionally making it fail. They want money and success and all the stuff that go along with a successful home-based business. The secret is with what They're Being shown.
Leadership - How to be Among the Top 3%
The only way you are going to beat that 97% failure rate and obtain the leadership status you want is by KNOWLEDGE. All I can have to say is learn, learn and learn some more. There are a LOT of people who are "getting it" and using what is known as "attraction marketing" to construct very successful businesses. Do some research on these successful people (and attraction marketing) and learn from them.
You need to End up being the leader and stick out. Believe in yourself As well as your business. Don't take the solution NO from yourself. In the future, try everything in EXCELLENCE and don't expect anything less. Achieve this... there isn't any excuse.
