Nu Skin is a skin care company (they prefer anti-aging company), established in 1984. Nu Skin provides an individual the ability to buy its large collection of products ranging from skin care to anti-aging cosmetics and body and hair care. Since women don’t mind spending billions each year on skin care, and trying to hold back the time as much as they can, a cosmetic company could prove to be a profitable venture for those seeking to get started with direct sales.
Nu Skin arrogates paying around $6 million of its aggregate sales back to its traders. The company not only provides a profitable commission of 42% on its products, but also enables you to have a repeat business relationship since cosmetics get used up over time. Since this is a direct sales company, you will be expected to recruit and sponsor new distributers, but the compensation on building these relationships is unknown. Nu Skin prefers not to broadcast this awareness.
In addition to the Nu Skin line, there is the Pharmanex line of nutritional supplements and the Big World, opportunity which is very unclear to what it actually is. If the links supplied are correct, Big World is a technology company and is hosting web space that you sell. This seems very odd for a skin care company to have partnered so far out of its niche. It is quite strange to find a direct marketing company, dealing with the products having so much diverseness.
When coming to the business growth and profits, Nu skin has proven to be quite balanced and steady. Nu Skin is a publicly traded company, had $1.25 billion in sales so far, and has been in business for 25 years. The products, as per their description seem to be of advanced quality and quite distinguishing from those usually available in the market. As a matter of fact, Nu Skin prefers to keep the initial funding required in the company, confidential, and hence getting started here may, not only cost surmountable amounts to an individual, but also may prove to be dissuading to others in the current day’s economy.
A large advantage that Nu Skin offers is their rewards program. For their top representatives, the company purchases high ticket items like trips and jewelry as rewards for those people. Another purpose it solves is of name recognition; since people usually go up in spending their money with the companies they can trust well. One can only guess on the disadvantages without knowing the full description of the program, but it is highly commended if you feel the potential of business growth in dealing with Nu Skin.
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