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Network Marketing (M.L.M.) - Nu Skin
Number of Customer Reviews for Nu Skin: 0
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OnlyCritiques.com Review:
NuSkin, a division of NuSkin Enterprises was founded in 1984 in Provo, Utah. NuSkin Enterprises has its presence in North and South America, Europe, Asia, and . It markets more than 100 premium quality personal care and skin products worldwide.
The company claims that its skin care products contain premium and purest of ingredients. NuSkin, in partnership with Stanford University School of Medicine develops products by using the most advanced ingredient technologies available today.
NuSkin also runs Force for Good Foundation, a foundation, which looks after children.
NuSkin operates in over 30 international markets. It is a part of publicly listed traded NuSkin Enterprises and has presence in Europe, Asia, and the .
NuSkin Enterprises has three divisions namely NuSkin, Pharmanex, and Big Planet and generates annual global revenues of nearly $900 million. The company provides online support at nuskin.com and from sister company Big Planet at bigplanet.com
NuSkin has over 500,000 distributors worldwide and works through multilevel marketing network. With this distributor base, the company provides excellent field training and support through local and regional events.
NuSkin has vast experience in network marketing and coporate management and is one of the strongest management teams in this field.
Apart from all these advantages and positive things about NuSkin, there are some disadvantages of the company.
In our lifetime, at one point or another we have met with a distributor of an MLM company and do not have very good memories about that. Because of this, most of us run away by hearing the name of an MLM company.
Due to this, NuSkin briefs its distributors not to mention its name in the marketing and provides the business card to the distributors without its name printed on it. This policy is not good.
Further, in an MLM company, you as a distributor can succeed only in the markets where the company has not gone before. In case of NuSkin, the company has been in the for many years. Hence, it is very difficult to build a sales organization or downline in the
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