Nikken Review: Is It A Magnetic Pyramid Scheme?
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There's a lot of money in the health & wellness industry, no one can deny that. But, can you really make money by becoming a part of an MLM business that sells products claimed to improve people's wellbeing? If you're asking that question, chances are you have been looking at several Nikken reviews. Well if you want to know the good, bad and ugly about Nikken you're in the right place
What is Nikken?
Nikken.com is a Japanese company that was founded by Isamu Masuda back in 1975. In 1988, they expanded and set up their headquarters in California and are now situated in 40 countries worldwide. Nikken is a health and wellness company who are also an MLM. Isamu Masuda formed Nikken to help people establish a healthy lifestyle.
What Kind of Products Does Nikken Offer?
Nikken offers a variety of products which aim to promote good health and sleep. Some of their main products include the Kenko Sleep System which uses magnets to improve sleeping patterns. These products start at around $35 and go up to $1,500.
They also believe in air wellness and offer multistage air filtrations which remove airborne toxins. These units cost around $500.
In addition to their main products, they also offer nutritional supplements, skin care, aromatherapy, flexible support wraps, massage products, sleep masks, cosmetics, pet care items, weight loss programs, and water treatment systems.
The Nikken Consultant Brand Opportunity
Anyone looking to work for Nikken will have two main options to choose from to make money. You can become either a direct consultant by selling Nikken products to customers or you can recruit consultants under you where you can make money from products they sell and from people they recruit.
There are several consultant tiers and commission vary based on which tier you are at. Commission starts at 5% for Senior Consultant, 10% at Executive, 15% at Bronze, and 20% at Silver. The basic requirement is each tier needs to refer at least 100 people per month and each level needs to earn 500 points in sales. Consultants can sell products or recruit people by using personal websites, phoning, and social media.
If the idea of trying to get customers or recruiting people under you doesn't feel comfortable to you, there are other ways to make an income. If you're looking for some extra side income, you can try sites like FusionCash.com, SurveyJunkie.com & Swagbucks.com. If you want something that can offer you a full time or part time opportunity, Wealthy Affiliate is a great business opportunity to consider as well.
How Much Does it Cost to Become A Nikken Consultant?
You can become a Nikken consultant by paying an upfront fee of $99 plus tax.
Nikken Commission Plan
Nikken has a four-tier system that allows consultants to earn increasingly better commissions the further they go up the ladder.
- Senior Consultant – The first level allows you to earn 5% of all sales generated by your referrals. However, you need to have at least 500 people in order to qualify and then bring in an additional 100 referrals every month to maintain your status.
- Executive Consultant – Similar to the previous level, however, you'll now need a referral group of at least 5,000 people and then continue to bring in at least 100 per month. This level earns you 10% of all sales.
- Bronze Consultant – At this level, you're earning 15% of all referral sales, but the requirements are even higher. You need 10,000 referrals and then keep them coming at a rate of 100 per month.
- Silver Consultant – Finally, the last level earns you 20% of all sales, but you'll need to have over 20,000 referrals. Furthermore, you will need to keep on bringing in 100 new members each month in order to maintain the Silver Distributor status.
Nikken has been around for more than four decades and is currently generating around $9 billion each year. Needless to say, the company knows what it's doing in terms of business. Still, every MLM has complaints that you may want to consider. So, we have given you an overview of the company, now let's have a look at some of the complaints.
Compensation plan is overly complicated
Like most MLMs, there are different ranks, matrixes and a whole bunch of other complicated breakdowns of how you make money. The fact you need a pdf to decipher it is annoying. Unfortunately, this is typical of MLMs and they'll claim it gives you more ways to earn. But it just gives me a headache.
If you don't like the idea of over-complicated compensation plans to figure out, you might want to try some other alternatives that are straightforward like FusionCash.com, SurveyJunkie.com & Swagbucks.com. Or if you rather want a business opportunity where the payment plan is straightforward, then check out My Best Work At Home Recommendation.
The Odds Are Stacked Against You
If you look at their income statement, the average consultant will make $199.29 per year as a Senior Consultant. Who can survive on that kind of money! As a Silver Consultant, the average consultant gets $552.40 per year. To make any serious income, you need to either sell a lot of products or recruit a lot of people under you. Just by looking at the figures, making money is a long shot and the odds are definitely stacked against you.
You Better Meet The Quota
Like most MLMs, Nikken has an annoying quota system in place. Each consultant, irrespective of what level you are on, needs to bring in 100 new referrals every month if you want to get to the higher levels, which isn't exactly an easy task. If you ask me, too much work and too little reward!
No Scientific Proof Products Work
Strictly speaking, there is no scientific evidence suggesting that magnets can have any sort of effect on the brain during sleep. In fact, magnets are unlikely to have any effect on your health and wellbeing in general. From a scientific point of view, there is no basis that these products work.
Is There a Better Alternative to Nikken?
If there was anything in the complaints section that you don't like, you might want to explore other options. Fortunately, there are different companies you can look into. You might want to take a look at another business opportunity such as My Best Work At Home Recommendation. If the idea of running a business has become less appealing to you, you can have a look at FusionCash.com, SurveyJunkie.com & Swagbucks.com.
Is Nikken A Pyramid Scheme?
Nikken is definitely not a scam, but I would probably give this a pass and avoid it. Based on their own income statement, most people aren't earning a full time or even part time income selling the products. To make any real money, you'll need to recruit a lot of consultants under you that either need to sell a lot of products or recruit other consultants.
All businesses require hard work, but this seems to require too much dependency on recruiting other brand consultants to make any real money. The scientific validity of the magnetic products effects is also a big question mark that would make me feel uncomfortable pushing their products.
But that's my two cents. You may feel differently. However, if these things concern you as well, then you have other options and may want to look into my Best Work At Home Recommendation as an option to consider. It allows you to build a business around products that people know and already trust.
If you have something to add to my Nikken review, feel free to write in the comment section below!
Until next time,
Eddy with a y