The Foundational Truth About NuSkin

Nu Skin is an all-American business that was established in 1984 by a brother and sister team.  Its main course of business is direct selling, involving mainly cosmetics and nutritional supplements.  It later expanded its product line and began promoting technology services. Here are some foundational truths about the company. 

Growth and Expansion

Nu Skin became publicly listed in the New York Stock Exchange in 1996, capitalizing on its impressive growth as a company.  By 2005, Nu Skin already had 44 markets in the international stage.  From a few skin care products when it first started, Nu Skin now has over 100 products in its personal care and skin treatment lines. 

The company has had significant expansion overseas, particularly in the Asian Pacific region.  In fact, a large percentage of its revenues come mainly from its Asian markets.  The Company

As a business entity, Nu Skin Enterprises is definitely not a newbie or an inexperienced venture.  In 2005, it achieved over a billion dollars in yearly sales, enjoying brisk global yearly sales of around $900 million on average.  The Utah company now has affiliates across North America, Europe, Australia and Asia. 

As a networking company, Nu Skin Enterprises is still one of the largest and most trusted in the industry. 

The Products

Nu Skin Enterprises has several product lines, although they are probably more known for their skin and personal care products.  The selling point of these products is that they are backed by scientific research.  Their Professional Advisory Board has even partnered with no less than Stanford University's School of Medicine for product research and development. 

The Business

Nu Skin Enterprises prides itself for having one of the industry's most lucrative compensations plans.  In their website, they announce that over 40 percent of the sales of their products are used to pay distributor commissions.  

To become a Nu Skin affiliate, a new member must be willing to spend.  A one-time membership fee of $35 is required to start distributorship, which should then be followed by a $20 renewal fee to be paid annually.  

Although commissions are quite attractive, distributors must be able to meet the set sales quota.  These quota are necessary in order for distributors to qualify to receive commissions.  For some distributors, particularly those who are still building their networks, this can seem intimidating since the volume of products that it would take to qualify for commissions is considerably large.  

Products sell themselves, particularly because they come in attractive packaging and have had excellent reviews in terms of efficacy and quality.  However, some distributors might balk at the thought of buying inventory in order to keep a stock for purchase by customers.  

An outstanding aspect about Nu Skin Enterprises is their customer and distributorship care.  The company offers plenty in the training and support department, particularly for their new recruits.

Should You Join?

Nu Skin Enterprises can be an excellent opportunity for new distributors who are capable of building their own strong network.  It's also an excellent opportunity for people who have strong sales abilities and willing to spend in exchange for better chances at higher commissions.

To learn how to build a NuSkin business utilizing techniques that most marketers will never know about creating financial independence using the Internet, follow the link in my resource box now.