NuSkin is a
very popular direct selling corporation that
is a part of NuSkin Enterprises. It is
even publicly traded on the New York Stock
Exchange, with revenues over 800 million
dollars. NuSkin first launched in 1984
out of Utah but has now spread all over the
globe, reaching many countries including
Australia, New Zealand, and Europe.
NuSkin enterprises markets skin and hair
care products through its three subdivisions
NuSkin, Pharmanex, and
Big Planet.
NuSkin develops products from natural
ingredients and boasts amazing results for
all their customers. They combine that
with a business opportunity in distributing
NuSkin products. NuSkin also
provides support and on the job training for
its distributors through sponsored events
and motivational publications.
Much of Nuskin's resources are dedicated
to research and development of new and
innovative products. They even have a
partnership with Stanford's school of
medicine for scientific research in
dermatology, ethnobotany, and cosmetic
science.
Unfortunately the NuSkin brand name has been
tarnished by several occurrences including
some dealings with the FTC. Currently
NuSkin recommends that its distributors
refrain from using the NuSkin name on
business cards or public advertisements.
The actual cost of joining NuSkin is $35
with an annual $20 renewal fee, however you
need to move large amounts of product to
qualify for profitable commissions.
NuSkin also enforces some stringent demands
and quotas that are harmful to distributors'
profits. Overall Nuskin has
remained profitable in new regions but has
begun to lose ground in old territories.
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