****Trademark of Big Planet
Big Planet (Division of Nu Skin Enterprises)
Copyright Jeffrey Babener www.mlmlegal.com
Editor's Note:
Welcome to MLMLegal.Com Company Profiles at www.mlmlegal.com. Here you will find brief summaries of pertinent information about hundreds of MLM, Direct Selling, Direct Sales, Network Marketing and Party Plan Companies. As a general matter, the summary information is derived from Company published information, generally posted at Company websites, public information releases or posts at industry trade sites .*
Founding Story
Nu Skin is located out of Provo, Utah and was founded in 1984.
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Impact on the Industry
Ne Skin is a member of the Direct (www.mlmlegal.com) Selling Association.
The company supports children in need through the Nu Skin Force for Good Foundation.
Discussion of Products
The company operates in three different divisions, 1) a division selling premium quality skin care and personal care products, 2) the Pharmanex division, which develops nutritional products, and 3) the Big Planet division which markets internet technology, ebusiness tools and digital products.
Discussion of Opportunity
Distributors earn income through retail markups of products purchased at wholesale prices and through commissions paid on one’s product sales and the sales of downline distributors.
Nu Skin offers the following compensation plan:
Fast-Start Payments, Retail Profits, and Volume Commissions
Enroll Customers and new Distributors to begin earning Fast-Start payments, retail profits and volume commissions.
EARNINGS POTENTIAL
As a Distributor you can earn:
• Up to 30% profit on Retail Customer purchases2
• Fast-Start Payments when you sell Fast-Start Product Packages
See package example below:
— $375 US ($431.25 CA) suggested retail package price1
— 200 PSV
$85 potential retail profit
Plus, $50 Fast-Start Payment to the seller
• 5% commission on L1 sales volume generated monthly
Build your organization and become an Executive Leader and see your earnings multiply.
EARNINGS POTENTIAL
During Executive Qualification you can earn:
- The same as Step 1, PLUS
- Opportunity to participate in the Mega Performance Bonus Pool
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HOW TO QUALIFY AS AN EXECUTIVE ...
Month 1 (LOI) |
Month 2 (Q1) |
Month 3 (Q2) |
100 PSV, ADR, and 1,000 GSV* |
100 PSV, ADR, and 1,500 GSV* |
100 PSV, ADR, and 2,000 GSV* |
AND THEN EARN... EXECUTIVE BONUS
EARNINGS POTENTIAL
As an Executive you can earn:
- The same as a Qualifying Executive, PLUS
- A monthly Executive Bonus (EB) on your total GSV*
Ensures the Maximum Payout for You
Increase your earning potential as Nu Skin pays you the maximum commission possible.
EARNINGS POTENTIAL
- Commission from Step 1 and Step 2, PLUS
- The method that pays you the most from the Wealth Maximizer calculations
Increase your earning potential as Nu Skin pays you the maximum commission possible.
EARNINGS POTENTIAL
- Commission from Step 1 and Step 2, PLUS
- The method that pays you the most from the Wealth Maximizer calculations
Increase your earning potential as Nu Skin pays you the maximum commission possible.
EARNINGS POTENTIAL
- Commission from Step 1 and Step 2, PLUS
- The method that pays you the most from the Wealth Maximizer calculations
Increase your earning potential as Nu Skin pays you the maximum commission possible.
EARNINGS POTENTIAL
- Commission from Step 1 and Step 2, PLUS
BONUS PAYOUT EXAMPLE
Nu Skin automatically maximizes your commissions, every month, and pays you the calculation that earns you the most.
Earn a Share of the Region's Success
Qualifying Executives and Executives earn a share of the Americas, Europe and South Pacific commissionable sales through the Mega Performance Bonus Pool.* The Mega Performance Bonus Pool incorporates monthly commissionable sales volume from the United States, Canada, Europe, Russia, Israel, South Africa, Central America, South America, and the South Pacific.
MINIMUM 4 SHARES REQUIRED TO PARTICIPATE |
||
QEXEC |
1 share = |
1 new qualified Letter of Intent (LOI) |
MINIMUM 6 SHARES REQUIRED TO PARTICIPATE |
||
EXEC |
1 share = |
1 new qualified Letter of Intent (LOI) OR |
EARNINGS POTENTIAL
A share of the Americas, Europe and South Pacific Commissionable Sales Mega Pool Shares can be accumulated by the following:www.mlmlegal.com www.mlmlegal.com www.mlmlegal.com www.mlmlegal.com www.mlmlegal.com
Qualifying Executives and Executives:
- 1 share for each new qualified Letter of Intent (LOI)
Executives Only:
- 1 share for each passed Q1 Qualifying Executive
- 1 share for each passed Q2 Qualifying Executive
Discussion of Distributor Base and Sales Volume in U.S.
Nu Skin utilizes a multi-level compensation plan (www.mlmlegal.com) and a person-to-person sales strategy. Nu Skin operates in over 48 countries in North and South America, Asia and Europe. The company had averaged 75,710 distributors in 2008.
Company Website: www.nuskin.com
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MLMLegal.Com typically provides a link to official Company websites so that readers can become more fully informed about Companies that are profiled. The descriptive material offered is best categorized as "snapshot" information and represents a good starting point for research on Company products, services and opportunities. It should be clearly understood that such information may need updating in a dynamic and changing business marketplace. In addition, the information is gathered and presented in good faith for educational purposes, and if errors in information become apparent, MLMLegal.Com will attempt to correct the information, or if necessary, delete the Profile altogether. A reading of a Company Profile is properly followed up with visits to the Company website, research on major internet search engines, discussions with industry professionals and experts and feedback from those acquaintances who have had direct experience with the Companies. In addition, a wealth of information on MLM, Direct Selling, Direct Sales, Network Marketing and Party Plan will be found at www.mlmlegal.com, including scores of articles, video, resource opportunities and detailed analysis on industry issues and factors to consider in both starting and running a MLM Company or a MLM home based business.
Jeffrey A. Babener, principal attorney in the Portland, Oregon, law firm Babener & Associates, represents many of the leading direct selling companies in the United States and abroad.
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