NuSkin Review: Legitimate Business Opportunity or MLM Pyramid Scheme?
I'm blessed to have the “black don't crack” type of skin. It means that although I'm in my 40s I don't really look my age. Unfortunately not everyone's skin holds up well. So folks are always looking for ways to improve their skin. Apparently there are no shortage of companies that claim they have the best products designed to improve your skin. But some take it to the next level and offer you a way to make money helping people improve their skin. NuSkin is one of these companies. If you've read all the NuSkin reviews and want to know what the truth is about this MLM, then you're on the right page. I'm warning you now, it's not pretty. But let's dive in!
What is NuSkin?
NuSkin is an international multi level marketing company offering a comprehensive range of more than 200 anti-aging, personal care, and nutritional supplement products. NuSkin.com was started in 1984 by founders Blake Roney, Nedra Roney, Steve Lund, and Sandie, N. Tillotson. At the time of this review, they are accredited and highly rated with the Better Business Bureau.
How Do You Make Money with NuSkin?
Customers have the option to enroll as distributors to purchase products at wholesale cost and resell them to earn commissions. If you want to make money selling NuSkin, you can join by filling out an independent distributor application on their website and selecting an introductory package. These packages range from $150-$1,230.
The company may require you to spend over $100 every single month on product purchases. The company's website disclaimer states you don't have to purchase products to be a distributor but the application process asks you to select an introductory package. There may also be a $25 charge for the purchase of a business portfolio plus a $20 annual membership fee.
According to the company's compensation plan, distributors sell products and receive a 25% commission. There is also a 5% bonus that can be earned from consumers and distributors you personally enroll. You can qualify to become a Sales Network Executive by actively recruiting new distributors, which gives you access to additional bonuses and the ability to participate in the Leadership Bonus Pool. The compensation plan is quite lengthy and can be quite difficult to comprehend fully. Here is a basic breakdown of the active requirements for each NuSkin Distributor Level:
- Distributor and Qualifying Executive Distributor: 5 Customers Sales each month and 200 L1 Product Sales Volume
- Executive Distributor: 5 Monthly Customer Sales and 2,000 Group Sales Volume
- Executive Leader: 200 L1 Product Sales Volume for 3 consecutive Months with 1,ooo GSV in Month 1, 1,500 GSV in Month 2, and 2,000 GSV in Month 3
The company also offers numerous other lifestyle and financial rewards as well. If you're like me and don't like deciphering complicated compensation plan, you might want to check out my Top Free Work At Home Recommendation as an alternative option. I promise you won't need to read a pdf to understand how much you make.
What I Like About NuSkin
Lots of Product Love: Customers online really seem to love the anti-aging products from NuSkin. People say the products help clear up and tighten their skin. The company also does an awesome job on their website explaining how their products work and what all the ingredients are.
Excellent BBB Rating: NuSkin has full accreditation plus an A+ rating with the Better Business Bureau. At the time of this review there were only 7 complaints filed in the last three years.
Longevity: The company has been around for over 3 decades, which is reassuring and means they're in it for the long term.
What are the NuSkin Complaints?
Hard To Make A Full Time Income!: Very few people (less than 3%) are making over $500 a month selling NuSkin. Plus, you may possibly have to order products that cost over $100 every month. Top it with business expenses and you can end up spending way more than you make. MLM are notoriously difficult to make money with. But the same can be said for most businesses. However you can still make money promoting well known skin care or other types of products without an MLM. So you might want to check out my Top Free Work At Home Recommendation as an alternative.
Shady Business Dealings: NuSkin has been fined several times for deceptive business practices. They have been charged by the Federal Trade Commission with making multiple false product claims and running a pyramid scheme in China. The company is also not completely upfront about their distributor enrollment costs upfront on their website.
Free Trial Shenanigan: According to certain online consumer complaints, people did not like the company's free trial offer promoted on Shark Tank. Customers say the company was not clear that they were supposed to cancel within 14 days for their “free” products. When the trial was complete, customers were unpleasantly charged $89. NuSkin will refund the charge if customers call to complain but it takes 4 days to actually get the money back.
So Is NuSkin a Scam or Not?
NuSkin doesn't seem to fully fit the bill to be called an MLM pyramid scheme or scam. The company does have products that its customers love, but it's business opportunity will have you hard-pressed on making any real cash. It's more likely that you'll end up spending way more than you make because you have to purchase products every month and invest in sales and marketing materials.
In order to be successful, you will have to be incredibly passionate about the products and know how to sell them. Don't rely on the company showing you how to do that, however. Most MLM companies like NuSkin don't have a great system in place to teach you how market your business. Their systems generally involve pestering the daylights out of your family and friends. You'll have to educate yourself on how to run a business and invest in courses to teach you these crucial skills.
For a better chance at earning enough to truly pay your bills, you'll want to read my Top Free Work At Home Recommendation. Feel free to also check out My Work At Home Courses as well. Setting up multiple streams of income is truly the way to financial freedom.
But that's my two cents. I'd love to hear your thoughts so leave a comment down below.
Until next time,
Eddy with a y