Nu Skin Enterprises has one of the most rewarding compensation plans in the industry, designed to compensate distributors generously for their hard work and long-term commitment to selling products. While many Distributors work part-time to earn supplemental income through retailing the products, purchased at wholesale prices, some Distributors have turned their Nu Skin businesses into successful full-time careers. One of the biggest selling points of the Nu Skin opportunity is its earning potential. The company does not pay money for recruiting people into the Distributor network. All income is generated through the movement of products generating personal and group sales volume.1. Consumption
In virtually every test about successful selling, in order for anyone to sell anything, they must first know the products they represent. Continuous product consumption ensures that Distributors know and understand the intrinsic benefits of the products they sell. Plus, we guarantee you’ll find some products you just can’t live without!
2. Retailing
Distributors may purchase products from Nu Skin at the Distributor discount price (a discount of approximately 30% from suggested retail price), and sell them to their customers at a retail price. All Distributors are independent contractors and can establish their own retail prices. The difference between the wholesale and the retail price is your profit.Example: You buy one product from Nu Skin for $40.00 and retail it to your customer for the suggested purchase price of $57.20. Your retail profit on that one transaction is $17.20
3. Sponsoring and Duplication
Sponsoring is bringing people into Nu Skin who are trained by you to duplicate what you do. To be successful, you should maintain a balance between retailing (buying and selling) and sponsoring. By only focusing on retailing the products, you will miss out on additional income that comes through duplication in your organization. The number of customers you have time to contact is limited. On the other hand, by focusing too much on sponsoring, fewer products will be sold and that means less return on your investment! Remember: your organization will do what you do. So create a balance between retailing and sponsoring.
As you sponsor people, you can create volume in your downline organization by adding group sales volume to your personal sales volume (the volume you receive on all your purchases for personal consumption and retail).Commissions are only generated on Personal and Group Sales Volume of product sold.
Example: You order $200.00 worth of products for personal consumption and retailing. You also sponsor 3 Distributors who do the same (3 x 200 = 600 Group Sales Volume) You will be paid commissions on the 600 GSV above and beyond your own retail profits.
For more detailed information on the Nu Skin compensation plan, please see the contact information listed below.
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