Tag Archive for Nu Skin

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Nu Skin Q3 Revenue Down 30% To $638 Million

by Ted Nuyten • November 5, 2014 • 0 Comments

Nu Skin Enterprises, Inc. (NYSE: NUS) today announced third-quarter results with revenue of $638.8 million, the top end of the company’s prior guidance and a 30 percent decline from the prior-year period.
Comparable revenue in the third quarter of 2013 included $203 million in sales from the company’s limited-time introduction of its ageLOC® TR90® weight management system.
Revenue for the third quarter of 2014 was negatively impacted three percent by foreign currency fluctuations. Earnings per share for the quarter were $1.12, ahead of expectations, versus $1.80 in the prior-year period.

“We made significant progress during the third quarter,” said Truman Hunt, president and chief executive officer.

“We believe our business in China is stabilizing as we are seeing improving trends in the early sales leader pipeline, we strengthened our capital structure and balance sheet flexibility, we are making good progress in our product development efforts, and we generated positive operating cash flow.

We have also seen continued enthusiasm among our sales force at recent sales leader conventions in our South Asia/Pacific, Greater China and Americas regions.

“Our sales results are heavily impacted by our product launch schedule. Last year’s second-half launch, which generated approximately $550 million in sales, provides a difficult year-over-year

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Nu Skin Presents Its New Smart Data Center

by Nicole Dunkley • October 29, 2014 • 0 Comments

Raritan, a leading provider of data center infrastructure management (DCIM) and rack power distribution solutions, in concert with Nu Skin Enterprises, create a new smart and future-proofed data center.
The premier anti-aging skin-care product company, designed and optimized a new data center to keep pace with the company’s growth. Operating in 54 countries, Nu Skin has more than one million independent distributors and has achieved record revenues and profits in recent years.
The data center team recently built a new 4,200-square-foot data center with 10,000 square feet of expansion capabilities. The data center was designed using N+ 1 criterion to accommodate future growth, and supports today’s higher densities — including blade servers — and LEED requirements for decreased energy use.
The raritan team also added intelligent monitoring capabilities in the data center cabinets to keep tabs on power, cooling, and network, telecom and server equipment health. Learn how the new data center’s design and monitoring tools help Nu Skin meet SLAs and reduce operating costs.
The new intelligent rack PDU, and the PX3, helps data centers be more energy efficient while economizing on its own power consumption; and, our new rack transfer switch — with one of the fastest load transfers in the industry.
About

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Hall Of Fame MLM Celebrities – How To Handle The Pyramid Myth Objection

by Ted Nuyten • September 7, 2014 • 0 Comments

These are the celebrities, spokesmen and women, famous supporters and endorsers of the Direct Selling – Network Marketing – MLM Industry.
These are the individuals who believe in the products and the Business Model – celebrities who approve and encourage the MLM, Network Marketing and Direct Selling industry. They speak at events and conventions. They are associated with pride.
They are very successful individuals who do not understand why some people have ‘pyramid objections’. Investors such as; Warren Buffett (Pampered Chef), billionaires like Carl Icahn, George Soros and William Stiritz who invested hundreds of millions (Herbalife), and Vincent Tan (Epic, Ecosway).
Former President of the United States Bill Clinton who has thanked the Direct Selling industry in a speech, Dr. Memhet Oz (USANA, Vemma), Donald Trump (ACN) and Madeleine Albright (Amway), who have been keynote speakers at conventions and many more.
Just about any product or service can be purchased through direct selling somewhere in the world.
Many people think of cosmetics, wellness products and home décor as products that are often sold through direct sales, but add to that countless other product categories including kitchen products, jewelry, clothing, organic gardening supplies, spa products, scrapbooking supplies, rubber stamps and much, much more.
President Clinton making remarks for

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6,000+ Nu Skin Leaders Create History in Southeast Asia

by Nicole Dunkley • July 29, 2014 • 0 Comments

Nu Skin’s Southeast Asia (SEA) region held its largest convention yet, when 6,000+ enthusiastic sales leaders created history as they gathered to connect, network and share their successes with one another.
The three-day SEA Regional Convention welcomed visitors from Thailand, Malaysia, Indonesia, Philippines, Singapore, Brunei and Vietnam to the Singapore Expo Convention and Exhibition Centre from July 16 to 18.
One of the highlights of the Convention was the Force for Good session, where attendees learned about Tarisa Marito, a child from Medan, North Sumatera. Tarisa was diagnosed with congenital heart disease that forced her to use a pacemaker and prevented her from participating in sports or active events in school.
In March 2013, the Nu Skin family helped her receive a heart transplant through the SEA Children’s Heart Fund. Now a junior in high school, Tarisa wowed the crowd by singing a heartfelt song about holding on to your dreams. Steve Lund congratulated the SEA region for the great accomplishment of saving nearly 6,000 lives and creating countless smiles for children and their families.
The convention conference sessions motivated and inspired the audience to continue to create history by being a force for good throughout the world. Melisa Quijano, president of

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Nu Skin Publishes Average USA Distributor Earnings

by Ted Nuyten • July 21, 2014 • 0 Comments

According to Nu Skin:
In 2013, the Company paid approximately $143,266,000 in commissions to Distributors residing in the United States.
There are two fundamental ways in which a Distributor can earn compensation:
Through retail markups on sales of products purchased at wholesale prices; and
Through commissions (sometimes called bonuses) paid on one’s product sales and the sales of other Distributors in one’s downline sales network. As with any other sales opportunity, the compensation earned by Distributors varies significantly and is based upon the time Distributors devote to the business, etc. The cost to become a Distributor is very low.
People become Distributors for various reasons. Many people become Distributors simply to enjoy the Company’s products at wholesale prices. Some join the business to improve their skills or to experience the management of their own business. Others become Distributors, but for various reasons, never purchase products from the Company.
Consequently, many Distributors never qualify to receive commissions. Generating meaningful compensation as a Distributor requires considerable time, effort, and commitment. This is not a get rich quick program. There are no guarantees of financial success.
The average commission paid to U.S. Active Distributors each month was $176.00, or $2,112.05 on an annualized basis. In 2013, the average monthly

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Nu Skin Celebrates 30 Years

by Tina Williams • July 15, 2014 • 0 Comments

Nu Skin celebrated its 30th anniversary by inviting its employees and sales leaders to perform local service aimed at helping children in need. The anniversary month kicked off with the company’s annual Force for Good Day and continued with 30-days of giving through June. With the aim of creating smiles for children in need, the Nu Skin family’s local outreach efforts ranged from assembling thousands of education kits to reaching out to chronically ill children.

“At the heart of our business is our mission to be a force for good by empowering people to improve lives, so it seemed fitting to celebrate our 30th anniversary by coming together to be a force for good in our local communities,” said Truman Hunt, president and chief executive officer. “As we look forward to the next 30 years, we are optimistic about our ability to continue to improve people’s lives through our innovative products, rewarding business opportunities, and uplifting culture.”

Global Projects
Nu Skin’s global regions provided aid and support for children by improving health, education, economic opportunity and/or disaster relief in their local communities.

The Americas
· Canada: Nu Skin Canada hosted its 2nd annual Nu Skin Force for Good Butterfly Day at the Cambridge Butterfly Conservatory. Thirteen families, including 13 children

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Lawsuit: Nu Skin Paid MLM Compensation To Chinese Distributors

by Ted Nuyten • July 9, 2014 • 0 Comments

Several former Chinese distributors of Nu Skin Enterprises, Inc. claim the marketer of skin care and nutritional supplements authorized sales representatives to earn compensation on their “downline” network in violation of the country’s regulations, according to a consolidated putative class-action complaint that was filed last month in Utah federal court against Nu Skin.
Nu Skin misled shareholders, orchestrating a “massive expansion in China knowing that Nu Skin’s form of multi-level compensation violated many of China’s regulations on direct selling and prohibitions on pyramid schemes,” the lead plaintiff State-Boston Retirement System, a government pension plan, alleged in the 124-page lawsuit filed on June 30.
Plaintiffs in the consolidated complaint have requested certification of a class of shareholders who purchased Nu Skin securities including options between May 4, 2011 and January 17, 2014. The end of the class period roughly coincides with a precipitous decline in Nu Skin’s stock price (NUS: NYSE), following revelations that the Chinese government was investigating its business practices.
Plaintiffs have alleged violations of Section 10(b) of The Exchange Act and Rule 10(b)(5), and Section 20(a) of The Exchange Act.
“We continue to believe the allegations are without merit and intend to defend ourselves vigorously,” Nu Skin spokesperson Kara Schneck said. “Nu

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Industry Icon Richard Kall Joins NuVerus

by Ted Nuyten • June 13, 2014 • 0 Comments

Richard Kall, who made est. $140 million as Nu Skin distributor has joined NuVerus as Master Distributor.

Since joining Nu Skin International in 1985, he has made tens of millions of dollars as his downline organization has expanded to hundreds of thousands of people.

According to Richard Kall’s website:

“Richard Kall has positively changed the lives of thousands of people in Multi Level Marketing History. He has built organizations that generate Billions of dollars around the world.

Richard Kall has been sought after by many companies to come and help them to grow to the next level. He finally has found the perfect company to help others reach financial freedom. The company is called NuVerus.

Richard has not been this excited about any company. NuVerus offers a new beginning with unlimited opportunities. Richard has chosen to bring his leadership and passion to the company as the Master Distributor for the United States.

Richard is starting his greatest legacy in the MLM industry now with NuVerus. He has earned millions-upon-millions in this industry and plans to break every record by helping more people reach their goals and dreams. He has often said: “There is not one dime that I could earn that could change my lifestyle.” I am in this to change the lives and lifestyles of everyone I come in contact with through the power of Multi Level Marketing.

http://www.youtube.com/watch?v=kjf6hEg0ZuA

Today there is one company in the industry that stands above all others with the opportunity to achieve your dreams and that is NuVerus. The company has a proven business building system for distributors to follow. Even if you’ve never been involved in network marketing before, you can follow this system and achieve your goals.

One of the things that excites Richard the most, is the Company’s C.E.O. and founder Michael Jareou. Richard states: “Wait until you hear his story and where he comes from; he is one in a million. That is the biggest thing that attracted me to this company. I spent over 60 hours with Michael. He is the only person I know that can keep up with me. We both require almost no sleep.

GET READY!

“You and no one else in the Universe controls your destiny! You and you alone. You are a free person. There is no one like you. Believe in yourself, and everyone will follow you.”- Richard Kall

NuVerus International is a company that combines ancient wisdom with modern science, and promotes health, prosperity and financial freedom to improve the overall well-being of others; a company whose very name means, “New life”. Currently in 20 countries, NuVerus plans to expand to 100 countries over the next 4 years.

The NuVerus mission is to help you achieve optimal health and wellness. Through NuVerus’ groundbreaking products, we promote wellness throughout the world. NuVerus International, the Fastest Growing Company in the World, has developed the world’s most advanced SuperFood formula (Organic Anti-Oxidant Beverages, Weight loss Products, Safe, Organic Energy drink based on Green Tea, Preventative Nutrition, Cosmetic) complete with full USDA Organic Certifications.

NuVerus isn’t just helping people live healthier lives; it’s also helping them build financial freedom. The Prosperity Plan is a unique platform with proven success that will enable people to have multiple streams of income.”

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