NuSkin
NuSkin has become an incredibly well known direct selling company. It is a child of the corporation and enjoys the esteem that comes with being a publically traded company. Its stocks are traded on the New York Stock Exchange and the company boasts annual revenues of over $800 million.
The company first launched in Utah in 1984. Since then, the company has expanded all over the world and can now be found in Europe, Australia, and New Zealand. They have three subdivisions known as NuSkin, Big Planet, and Pharmanex. Each of these subdivisions sells a set of skin and hair care products.
The products they developed are supposedly formulated with natural ingredients and the company claims that their customers have all experienced incredible results after using the products. The representatives sell not only products, but a business opportunity as well. The company provides an incredible amount of training for distributors in the form of company events and publications.
The company spends a considerable amount of time and money conducting research in an attempt to formulate new product lines. They have partnered with the school of medicine at Stanford in order to conduct more scientific research in the fields of dermatology, cosmetic science, and ethnobotany.
The name is not well known and has been tarnished by negative publicity. The company has had a few run-ins with the FTC as a result. The company currently asks distributors to advertise their products without using the company name on business cards or flyers.
The cost to join is $35 for the first year and $20 for every year after. In order to earn commission you will have to sell quite a bit of product. The company has high quota requirements which make it even more difficult to earn a living. The company is more profitable in new areas than it is in areas where it has been in business longer.
After examining and testing hundreds of money-making opportunities and work at home programs, ONLY ONE brought in a paycheck that covered all my monthly expenses.
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