How you doing today?
I’m guessing you’re here because someone you know asked you to join their team or you came across this company while on the internet.
So know you’re probably wondering is Nu Skin a Pyramid Scheme or a legit business opportunity that can help you earn a full time income online.
Well have no worries because within my review I’ll be discussing everything you need to know about this company like what it sells, how much it costs to join, if it’s a scam, and so on and so forth.
That way by the time you’re done reading you’ll have a good idea as to whether or not this opportunity is right for you.
So without wasting any more time, let’s see what this company is all about!
Quick Summary Of Nu Skin
Name: Nu Skin
Price: $35 – $1,000
Rating: 3 out of 5
What Is Nu Skin?
Nu Skin is an MLM company that’s been around for a very long time and sells a variety of skincare and health products.
In fact, this company started 36 years ago in 1984 by Blake Roney, Steve Lund, Sandie Tillotson, and Nedra Roney — who all wanted to build the world’s leading business opportunity platform.
And they say their mission is to improve people’s lives by allowing them to build a rewarding business — which would be done by selling their products and opportunity around the world.
You might be thinking though can this company actually help you do such as thing, or will you end up spending a lot of money with nothing to show for it.
Well as I tell everyone who is thinking about joining an MLM company, you can definitely make money in it ( and a lot ) — however the chances of it happening are VERY rare.
I’ll explain more why this is in a second — but to summarize it up, you have to have an outgoing personality and know how to recruit literally hundreds of people each month into this business to become successful.
And if you don’t know how to do this, you’ll then be part of the 99% of all people who fail to make money with an MLM company.
What Does Nu Skin Sell?
When you visit Nu Skin’s website, you’ll see very quickly that they sell hundreds if not thousands of products.
- Anti aging creams
- Facial Cleansers
- Oral care products
- Weight loss shakes and pills
- Their own unique beauty devices
- And more
Now how effective these creams, lotions, and other things are I can’t say since I don’t know anyone that has personally used them.
However if I were a betting man, I’d imagine you could find something VERY similar at one of your local stores such as Walmart.
Nu Skin Compensation Plan
The thing I hate most about MLM companies is how confusing they make their compensation plans.
They use tons of complicated graphs, lots of numbers making you feel like you’re back in school, and they use words that basically no one has ever heard of before.
So you can literally sit there for hours trying to figure out how it works.
But instead of doing that, I’ll simplify it for you so that you can understand the basics of how you’ll be making money with this company.
There are a total of 10 ranks you can earn with this company which are as followed…
- Active Distributor
- Qualifying Executive
- Provisional Executive
- Gold Executive
- Lapis Executive
- Ruby Executive
- Emerald Executive
- Diamond Executive
- Blue Diamond Executive
Now each of these ranks gets harder and harder to obtain, simply because you have to make more sales and recruit more people into your team.
But this is so difficult to do that unfortunately hardly anyone gets to rank 3.
When you sell Nu Skin’s products directly to people, you will earn a 25% commission. So if if you were to sell a $50 product, you would make $12.5 dollars.
Nu Skin uses a unilevel structure within their compensation plan.
This means when you personally recruit anyone into your team they will be on your first level. Now if anyone on your first level recruits someone these people will be on your 2nd level, and so on and so forth.
Now the higher the rank you are, the deeper your team can grow which means you’ll be able to make more money.
And talking about this company specifically, you will earn 5% of all the sales your team makes.
Again though this is the basics of how their plan works. But if you would like a better explanation, you can view their entire plan here, plus watch this short 18 minute video.
How Much Does It Cost?
To become a member of Nu Skin, you simply have to pay $35.
However if you want to participate in their compensation plan or sell their products, you’ll have to buy one of their kits which costs between $100 – $1,000 dollars.
What I Like About It
- This company has been around for nearly 4 decades
One of the first things that impressed me about this company is the fact that it has been around for almost 40 years.
You see an average MLM company last 5 – 7 years max, so the fact that Nu Skin here has been around for so long means that they are at least doing something right.
So it’s good to know that if you are thinking about joining this opportunity that it won’t be going anywhere for a while.
- They offer a high retail commission rate
Another thing I like about this company is that you earn 25% commissions on all products you directly sell to people.
Now this not only is pretty high but also very uncommon because MLM’s usually focus on giving people lots of bonuses and extra money for building their teams.
So it’s nice to see that you can earn some good money if you don’t feel like recruiting people day in and day out.
- A lot of people like their products
When I was looking at reviews on consumer affairs, I noticed one person after the next talking about how much they loved Nu Skin’s products.
For example this person here said their skin and hair showed fantastic results after using these products, and that it also didn’t give them allergic reactions.
So it looks like if you want to join this company, then you have lots of proof that not only are the products this company is selling high quality — but that hundreds of people have used them and seen amazing results.
What I Don’t Like About It
- They have had multiple lawsuits against them
Over the years Nu Skin has had several lawsuits filed against them for several reasons.
- In 1991 they had to pay $16 million dollars for misleading sales practices
- In 1994 they again had to pay millions of dollars for lying about how much they made
- In 1997 they had to pay close to a million dollars for false advertising
- And in 2014 they had to pay $47 million dollars to China for being accused of being a Pyramid Scheme
So all in all, this company has had a lot of issues in their past and seems to be trying to make their company sound better than it really is.
- Their products are very expensive
When you browse their products on Nu Skin’s website, you’ll see that most of them are $50 – $100.
But it gets even worse when you are trying to buy them in bulk to either sell to people to make money or use them to get people to join your team.
As you can see in this picture here, the packages range from $150 – $700.
And remember you’ll have to keep buying these creams and lotions over and over again to try and earn an income with this company.
So my question is do you really want to spend this kind of cash?
And furthermore, how are you going to convince your customers to buy this when they can simply go to their local beauty store and buy basically the same thing for way cheaper.
- They are in a competitive niche
Just about everywhere you look, you see companies online and offline ( like Bath and Body Works or Rodan Fields ) claiming to sell lotions, creams, and other body products to make you feel and look better.
So how exactly are you going to convince someone to buy these overpriced products when they are probably already satisfied with the particular brand they are using?
Because I can tell you my wife will 99% of the time go with the brand she’s had before — and I’m sure that’s how it goes with just about every woman out there too.
- The chances of you earning a good income are very low
According to Nu Skin’s income disclosure, the majority of their members are earning about $30 dollars a month, with about 2% of them earning around $500.
Then less than 1% of the remaining people have gone on to actually make several thousand dollars a month.
And believe it or not, this is the normal trend in every single MLM company on the planet. So I don’t know about you, but I would not want to join a business that basically says I’m guaranteed to fail would you?
Is Nu Skin A Scam?
Nu Skin is definitely not a scam.
They sell what most people would call amazing products, you can make real money with this company, and the founders of the company seem to have your best interest at heart.
However with that said, it seems to me that this company will sometimes push the boundaries and make claims about their business / products that simply aren’t true to try and make more money.
Plus the mere fact that the majority of everyone who joins it makes less than $1k a month doesn’t sound like a good opportunity.
So while you’re more than welcome to try this company out if you want, I would not recommend it simply because I know there are better and easier ways of generating an income online.
Is Nu Skin A Pyramid Scheme?
Nu Skin is also not a Pyramid Scheme.
Now even though this company has had multiple lawsuits filed against them ( with one specifically calling them a Pyramid Scheme ) — this simply is not the case.
You see in order for a business to be one, their members have to make all their money by recruiting people versus selling products or services.
Then what happens is the people who joined the company at the very beginning are at the top of the “pyramid” making all the money, while people who joined later on are at the bottom earning nothing.
But as I showed you earlier, you get a generous 25% commission on any product you sale — which proves that this is indeed a legit company.
So while some people may call this a Pyramid Scheme, this simply isn’t true.
And to further prove my point, you can watch this short 2 minute video that explains what a Pyramid Scheme is and how you can spot one.
My Final Thoughts
Nu Skin is a legit business even though they’ve had some problems in their past.
Plus it seems like everyone who tries out their products seem to instantly fall in love with them — which is probably one of the reasons this company has lasted so long.
However with all that said, if you’re looking to join this opportunity to earn an income than you might want to think again.
Because this company uses an MLM business model that requires you to have an outgoing personality, recruit hundreds of people per month into your team, and then be able to teach all these people how to become successful marketers.
Of course this is extremely hard to do, and as you saw within their income disclosure less than 1% ever actually pull this off.
So I don’t know about you, but spending thousands of dollars and begging my friends and family to buy products or join my team sounds like an embarrassing way to build a business.
This is why I prefer affiliate marketing to generate an income online.
There’s no recruiting whatsoever, you can sell whatever products you want, and you don’t have to spend a dime on advertising.
You simply create helpful content that points people towards products they’re already looking for — then you get paid a commission each time they buy something.
So if this sounds like something you might be interested in, check out my #1 recommended training online.
It gives you step by step training, 24/7 support, all the tools you’ll need to be successful, and best of all it’s 100% free to join.
I hope you enjoyed my review about Nu Skin, and now have a better understanding of what this company is all about.
And if you have any other questions you’d like to ask me about them or about making money in general, leave a comment below and I’ll be happy to answer them.