Overview
Shaklee was founded in 1956. They sell home care, weight management, skin care, and nutrition products. They're a legitimate company that definitely manages their products by investing over $250 million in product research and development and by implementing over 83,000 quality assurance tests per year. Whilst you can see there's no questioning the quality of their products.
Now you're here just trying to find out if it's profitable to become a Shaklee consultant. Well, I'm going to concentrate on their business design and on the Shaklee compensation plan. I'm going to supply you with the facts so that you can determine for yourself if the Shaklee business opportunity is right for you.
What Are the Starting Costs?
To start a Shaklee business it will run you one flat fee of $19.95. You will find no requirements to purchase any additional products to become a Shaklee consultant. Also, you will find no requirements of auto-ship in order to qualify for just about any commissions or bonuses.
Now an optional cost is for a Shaklee consultant to really have a corporate web site. The initial cost of the web site is $29.95. You're essentially investing in the web site set up fee and the monthly service fee. You're site may be up and running in a matter of minutes. After the first cost, these month and thereafter will be $14.95 monthly. You are able to customize your site with personal content. You don't have to have any special technical skills to help you update your web site.
The Shaklee Compensation Plan
The first way to get paid is what Shaklee calls an amount differential. Essentially, the difference involving the retail price and the wholesale price are profits you keep. As a Shaklee consultant you buy these products at wholesale which is 15% off the suggested retail price.
The next way to get paid with your Shaklee business is through a volume bonus. This means you earn a bonus from 4% to 34% based on the total PV of those belonging to your team. PV stands for private volume. Each product for Shaklee is assigned a specific value of PV, which again stands for private volume. This means your cash bonuses are increasingly being calculated from the PV value and not off actual dollars.
Keys To Success & Training
Now in order to have success with the Shaklee MLM opportunity you'll have to recruit people you know such as acquaintances, friends, or family. Also, you'll need to attend and promote hotel meetings, product parties, and even attend company seminars. The purpose of attending these events are to promote your product and even possibly recruit new people into your sales team.
Shaklee consultants have the option to attend webinars lead by high performers in the industry. Also offered is something called Shaklee University. This really is an thorough online training tool for Shaklee consultants to learn about their products and how to promote Shaklee products effectively. This can be a 24/7 online system that you can use if you please. And it's a totally free service offered to Shaklee consultants.
Conclusion
There's no questioning the quality of the Shaklee products. However parts of these business design are out dated. The fact you have to recruit friends or even family to attend your hosted product parties or attend meetings isn't a mode that matches everyone. In these settings you're promoting your products and recruiting potential people to participate your is shaklee a scam opportunity. It's your responsibility to decide if you want this process.
Also, if you're a person that truly believes in the Shaklee product and actually uses these products then I would not advise you from the Shaklee business opportunity. In order to succeed in any business opportunity you have to trust in your product and get the proper training from your sponsor.
Also another fact to think about is that Shaklee sells inexpensive high volume items. The big profits are not manufactured in your personal sales but on your own residual income. To have this residual income you have to become a leader and train your team to become leaders, high performers, and have the ability to recruit more people. You have to ensure you have an established training system that duplicates success. This can be a characteristic of an MLM opportunity. And to be clear Shaklee is definitely an MLM opportunity.
Now another option is the most effective tier direct sales business design where many your income is made from your sales volume and commissions. Here you're promoting a high end high commission product. This means you make more money with less sales in comparison to a MLM business like Shaklee.
So it is your responsibility to figure this out. Can you rather produce a huge up front commission with a high tier direct sales business design or can you rather make much smaller commissions but make huge residuals from your team's success? I'm just providing you the maximum amount of information as you possibly can so that you can make an informed business decision for yourself.
