Nu Skin Enterprises opened its doors in 1984 and over the
course of a 20 year period has grown into a billion dollar enterprise. The
network marketing company is publicly
traded on the prestigious New York Stock exchange under the symbol NUS.
Nu Skin Enterprises operates under three core brands. They have
the Nu Skin brand that focuses on skin care and other personal care
products. The Pharmanex brand offers dietary supplements and
nutritional products. The Big Planet brand offers technology related
services
The Product Lineup of Nu Skin Enterprises
The core product line of Nu Skin is its skin care products. This
is the product line that the network marketing company launched more than 20
years ago. The company offers a number of skin care related products.
A very recent major announcement made by Nu Skin is the
introduction of a brand new technology known as ageLoc. This
technology, which will be made available in the Galvanic Spa Facial Gels
product, is reported to slow signs of aging in the skin.
Pharmenex offers a host of health related products. One of its
more exciting products is My Victory Weight Control Plan. This plan allows you
to control cravings and identify deficits or surpluses in calorie intake.
Big Planet"s technology related products allow its customers to
share content quickly and easily. The Photomax service makes it easy to share
photos online, create a DVD and more. The Maxcast service lets you take your old
video tapes and put them on DVD.
Nu Skin Enterprises Compensation Marketing Plan
There are several ways you get compensated if you are a
distributor within one of the three marketing divisions in Nu Skin Enterprises.
The first way is through retail markups of the products from purchasing at
wholesale prices.
As a distributor you are able to purchase Nu Skin, Pharmanex or
Big Planet products at wholesale prices. For most of the products in the Nu
Skin or Pharmanex brand, you can purchase the products for 30% below retail
price. Big Planet products have much lower profit margins and some have no
mark-up at all.
The second way to earn commissions is through the orders of
products made by distributors who are a part of your organization. You earn
commissions on your organization as long as you are personally ordering 100 PSV
worth of product, which works out to about $100 a month.
Any time your personal recruit places an order, you earn a
commission of 6% of the order. So if they order $100 worth of products you
earn $6. In some countries they also pay you 7% of the volume of anyone on your
2nd level.
To earn more money you want to get to the Executive level. This
is done by doing a total of 2000 Group Sales Volume (GSV) points. So for
instance if you have 20 distributors who each order 100 Personal Sales Volume
products a month, that would qualify you.
You can count anyone in your organization who is not under
another Executive towards your GSV. By qualifying at the Executive level, you
now earn anywhere from 9 to 15% commissions on the orders of your organization.
When someone else goes Executive, they no longer count towards
your volume. However, you do earn bonuses on their volume.
What to Watch Out For In the Nu Skin Opportunity
One of the areas you want to look out for is something known as front loading.
Because you can count your own volume towards your qualifications, there is a
temptation to invest a lot of money into products to qualify yourself for
Executive.
There are two problems with this. Number one, if you can"t sell that excess
product, you are going to be stuck with it and won"t make any money. The second
problem is if you have people on your team doing this, they will breakaway from
you. If you"re not an Executive you won"t make any money off their orders
anymore.
Therefore you want to have a system in place that encourages distributors to
only buy the product that they need.
The best way to do this is to use the power of internet marketing to build your
Nu Skin Enterprises organization. As your distributors learn to generate their
own leads in order to achieve
network marketing success, they will
not be as tempted to "buy" their advancement through product overload.
In particular, if you are building the Big Smart opportunity this makes sense
since the business opportunity is based on technology and the internet.
Mary Kay Cosmetics - A Review of the Business Opportunity
December 14, 2008
10:00 PM
Mary Kay Cosmetics is one of the oldest
direct sales companies in the world.
Founded in 1963 by Mary Kay Ash, the company markets a number of health and
beauty products all across the world.
The company specializes in a number of product categories in the cosmetics
arena. In addition to makeup, the company also offers skin care products, spa
and body products and fragrances. They even offer fragrances and skin care for
men.
Mary Kay - The Product Line
Mary Kay offers a number of different products that you can choose from. The
premiere product is its makeup. You can choose from eyeliner, mascara,
lipstick, lip gloss, cheek color and powder and more!
In addition to makeup, Mary Kay also offers a number of skin care products. You
can offer anti-aging products, cleansers, moisturizers, and other types of skin
care related products.
The company takes great pride in its product research and development. They
have an extensive staff consisting of scientists and dermatology experts all
employed to ensure Mary Kay products continue to offer high quality results.
Mary Kay Compensation Plan
Mary Kay offers a compensation plan that is very simple to understand from a
retail standpoint. When you join the company as an independent beauty
representative, you get access to purchase the products for up to a 50% discount
wholesale.
By purchasing the products wholesale you can then turn around and offer the
products for sale at a retail price. So for instance, if you purchase $50 worth
of products, you are able to retail those products for up to $100 in revenue,
thus doubling your investment.
In addition to retail sales you also get paid based on the efforts of the
organization that you recruit into the company. By recruiting one brand new
independent beauty consultant into your team, you are able to earn 4% commission
of their wholesale order.
So for example, let's say you purchase $400 worth of products wholesale. You
recruit one new consultant and she also purchases $400 worth of products.
Assuming you sell your products, you make $800. You would also earn $16 from
your consultant's order.
You continue to move up the compensation plan based on the number of consultants
you recruit that remain active on your team. An active consultant is any
consultant that purchases at least $200 worth of product every quarter.
As you continue to move up the Mary Kay marketing plan, your commissions from
team orders increase from 4% to 9% up to 13%. You also can qualify to earn
recruiting bonuses, car bonuses and other benefits and incentives from the
company.
Can Mary Kay Be Marketed Using Internet Network Marketing?
Due to its heavy emphasis on makeup parties and makeup classes, one would wonder
if it is possible to build a Mary Kay business using
internet network marketing. The good
news is that you can do so providing you do your homework first. There are many
internet searches for Mary Kay so a savvy marketer will use online marketing as
part of their marketing strategy.
If you are going to be building your business online, you will of course
encounter people all across the country. The good thing about a company as
large as Mary Kay is that there are leaders in most parts of the country.
Success in network marketing does
not depend on your geographical location.
Therefore, what you will want to do is network with different leaders in
different parts of the country that you can plug your new consultants in with
when you recruit them. Mary Kay allows leaders to do classes for your
consultants for a percentage of the sales.
Mary Kay gets a lot of searches per month so there's certainly enough interest
for you to develop a content network that will attract prospects to your
business.
If you are an Avon representative struggling to qualify as a
unit leader, it may be because you are relying on traditional Avon marketing
strategies.
Sure you can let all of your friends and family know that you sell Avon.
However, what happens when you run out of people to talk to?
By implementing
internet network marketing strategies
into your business, you can have an unlimited amount of prospects to talk to
about the Avon products and the business opportunity.
What's amazing is that there are so few people in Avon who are maximizing on the
power of the internet. That leaves an incredible opportunity available for
sharp Avon representatives who master these strategies to dominate the internet.
Capitalize on the AVON Marketing Empire
Avon is a multi-billion dollar company. They spend millions of dollars on
advertising to assist representatives in the field to sell more products.
However, when an Avon commercial comes on, what is the call to action? The call
to action is for the viewer to contact their "individual Avon representative."
What if they don't have an individual representative? How would you like to
pick up some of these people who are ALREADY INTERESTED in purchasing Avon
products and get them to purchase from you?
Even better, what if you could pick up some of these people who are ALREADY
INTERESTED in the Avon business opportunity and get them to join your
organization? Do you think that would make it much easier to qualify for unit
leader?
Internet Network Marketing- An Unprecedented Avon Opportunity
All of this is possible if you capitalize on the power of internet network
marketing for your Avon business.
There are currently over 2 million searches on a monthly basis on the Google
search engine for the keyword "Avon." That means there is an incredible amount
of interest in this company.
There are distributors that have built six figure incomes with other
network marketing companies online
where the number of monthly searches was in the tens of thousands.
What do you suppose you could do with an opportunity with searches in the
millions every single month?
But how do you capitalize on this? You do it by using internet network
marketing to attract prospects to your business. The best approach to use is
attraction marketing.
You can write articles about the Avon products, submit them to article
directories with a link back to your web site. You can create videos about the
Avon products, submit them to video sharing sites and link back to your web
site.
You can use both of these resources to create content about the business
opportunity and of course link back to your web site.
All of these strategies will allow you to get a piece of the traffic that Avon
is generating on a monthly basis. When you include the Avon keyword in your
content, some of the prospects searching for Avon will come across your content.
So if you aren't using internet network marketing strategies to build your Avon
business, you are missing out. I highly recommend considering some of these
strategies for your business today.
Arbonne International is a health and beauty direct sales
company that also offers an income opportunity for independent representatives.
Founded in 1980, the company has specialized in skin care and other related
products.
What Types of Products Does Arbonne International Market?
Arbonne International markets a host of health and beauty related products. The
company specializes in a skin care treatment that is formulated in Switzerland
and made in the United States.
The company also offers other products and services like a weight loss program,
baby care products, aromatherapy and more. The
network marketing company offers a
host of testimonials on its web site about the quality and effect of its
products.
How Does The Arbonne Compensation Plan Work?
The Arbonne Compensation plan is also known as the SuccessPlan. In order to be
compensated for building an organization you must order a minimum of $100 worth
of Arbonne product every single month.
In your first 2 months you are able to purchase two Right Start Value Packs
(RSVP). The packs are $350 each and they entitle you to purchase up to $700
worth of Arbonne product. Ongoing, you get a 35% discount off product.
As an Arbonne consultant, you can make more money with a good
recruiting strategy. Any time that you
personally recruit someone into your organization, you are entitled to a 4%
consultant override off their orders. So, if they order $100 worth of product,
you earn $4 in commissions.
You also earn a $50 bonus each time someone on your team purchases a RSVP or
RSVP2 package. So if you recruit 5 distributors in one month and each of them
purchases one RSPV package in their first 2 months, that's $500 in commissions.
Moving up the Arbonne Compensation Ladder
Your immediate goal is to get to the District Manager position. You become
eligible when you accumulate either $1000 in personal volume or $2500 in total
volume in a given month.
To qualify for District Manager you need to either do $6000 in volume in one
month, $6000 in volume over two months or $7500 in volume over three months.
You must do $1000 in personal volume and your final month must be at least
$2500.
As a District Manager you now qualify for a 8% override on your entire
district. Your district consists of everyone in your organization that is not
under another district manager including yourself.
You also qualify for a $25 bonus for each consultant sponsored into your
District and an additional $25 bonus when they purchase RSVP2. You get a $200
cash bonus when your District does $5000 in volume and has 5 new consultants
with a minimum of $100 orders.
So let's say you do $2500 in volume for 3 months to qualify for District
Manager. $500 a month is your personal volume and the remaining $2500 is your
organization volume. Once you qualify for District Manager, if you do it again
the next month, here's what you would make...
1. $140 in retail profits based on a 35% wholesale discount.
2. 8% of $2500, which equals $200 in District volume.
3. Assuming you recruited 2 new RSPV consultants that month and your
organization recruited 5, you earn $150 for your recruits and $125 for your
team's recruits.
That's a total of $615 for the month in profits for your Arbonne business.
How to Create a District Manager Factory in Your Arbonne Business
If you want to create the big income in Arbonne, you need to constantly be
recruiting new consultants and helping the serious ones get to the District
Manager levels and beyond. To do this you must have an effective recruiting
system.
One of the most effective recruiting systems that we have ever seen is the
internet network marketing recruiting system. This allows you to tap an
unlimited number of prospects using
online marketing techniques.
With this system you can earn commissions even on prospects who don't join your
Arbonne opportunity by offering them information products related to building a
home business.
The commissions that you earn from the information products can be reinvested
back into your internet network marketing system to generate more prospects for
you to talk to about the Arbonne International opportunity. This way you don't
have to invest your own money in building the business.
Nuskin Enterprises, Inc. was founded in 1984 by Blake Roney. The idea to start
came when Blake's sister, Nedra who suffered from excema, persuaded him to look
into developing a unique skin care range that did not include what most other
ranges did: waxes, oils, harsh alcohols and harmful fillers.
In fact they wanted only beneficial
ingredients.
After much research the pair found a manufacturer willing to make the products,
and Nuskin's motto "all of the good and none of the bad" was born.
Nuskin- Credentials
Over the years their premium skin care products became highly sought after and
today Nuskin operates in 48 countries throughout the world.
Here are some impressive facts:
It's a $1.3 billion-dollar annual enterprise
It has 755 000 active independent distributors worldwide.
It sells over 200 products under 3 distinct brands
It's listed on the New York stock exchange under "NUS".
In 2008 Nuskin surpassed $6 billion in
total commissions paid since its founding.
This is certainly no "fly by night"
entity. It is a stable company with an established VISION
"to become the world's leading direct selling
company by generating more income for distributors than any other company".
Nuskin Divisions/Products
Nuskin has three divisions
Nuskin- skin care and personal care products
Pharmanex (nutrition products) and
Big planet (internet technology and digital photography products).
But by far the most sought after Division and products are the
Nuskin Galvanic Spa System II and newly
launched Ageloc Gels.
Why? The little hand held Galvanic Home
Spa device can demonstrate a visible reduction
in wrinkles and aging after only one, 10 minute treatment.
Incredible immediate results like this inspire
customer spending, which is an excellent foundation for any business.
The powerful AgeLoc Gels actually
slow down the aging process of the skin
and "turns aging off at its source".
This makes its anti-aging story very powerful and put it in a class of its own.
Nuskin- Compensation Plan
Nuskin's compensation plan is generous- giving credit for leadership qualities
as well as incentives to newcomers to make money fast. It is however quite
complicated and has many components. Here is a simplified "bird's eye view" of
the plan.
Distributors earn Money as follows:
1. Retail Markups on sale of Products. The company recommends a 30% retail
markup.
2. Fast Start bonuses. The company pays a "fast start bonus" to distributors
on certain pre selected packages/kits sold- over and above the retail mark up
and/or commissions the distributor receives on the sale.
3. Commissions are earned on sales by distributors or their downline/sales
team. This varies from 5%- 25% depending on the monthly volume. To qualify for
commissions, distributors need to do a monthly autoship purchase from the
company and do a minimum amount of personal sales.
4. Royalties. Royalties of between 2.5% and 10% are paid distributors who
have become leaders. (Executives). This royalty payment goes down to a maximum
of 6 levels, depending on the number of businesses the leader has helped
establish on their own front line.
Note:For more specific detail you will need to research the Nuskin Compensation
Plan in greater depth.
Nuskin Marketing Tools and Training/Choosing an
Upline
Mindset and leadership training, however this varies from team to team. There
are a number of excellent teams in Nuskin offering coaching in this area of
personal development.
Lead generation training is fast moving
into a new era now with attraction marketing on the internet. If you are looking
to join a company or a team, and you want to leverage the power of the internet,
you'll want to look for a leader who can teach you these skills.
If you are already with an Upline leader who doesn't know these methods, you
might suggest finding someone to teach both of you, or look outside your company
for some additional internet network marketing training.
Nuskin: Your Network Marketing Business
Opportunity?
Looking at Nuskin's Network Marketing Business Opportunity, it is safe to say
you've found a good one. Nuskin is a huge, stable, powerful company with a long
history of financial growth.
It certainly is in a class of its own when it comes to revolutionary "anti
aging" products.
Payouts are good with monetary incentives given to both new distributors and
leaders.
Bear in mind, however, the products can be seen as expensive and would do best
in a targeted, upper income bracket niche market.
Probably the most important thing to consider when deciding on a
Network Marketing Company, is to
ensure your Upline leadership and team can help you to generate your own leads.
This is the lifeblood of the business.
Nu Skin Enterprises opened its doors in 1984 and over the
course of a 20 year period has grown into a billion dollar enterprise. The
Mary Kay Cosmetics is one of the oldest
If you are an Avon representative struggling to qualify as a
unit leader, it may be because you are relying on traditional Avon marketing
strategies.
Arbonne International is a health and beauty direct sales
company that also offers an income opportunity for independent representatives.
Founded in 1980, the company has specialized in skin care and other related
products.
