Overview
Shaklee was founded in 1956. They sell home care, weight management, skincare, and nutrition products. They're a legitimate company that definitely protects 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 will see there's no questioning the caliber of their products.
Now you're here just trying to determine if it's profitable becoming a Shaklee consultant. Well, I'm going to concentrate on their enterprize model and on the Shaklee compensation plan. I'm going to give you the facts so you can determine on your own if the Shaklee business opportunity is right for you.
What Would be the Starting Costs?
To begin a Shaklee business it will run you one flat fee of $19.95. There are no requirements to get any extra products becoming a Shaklee consultant. Also, you will find no requirements of auto-ship in order to qualify for almost any commissions or bonuses.
Now an optional cost is for a Shaklee consultant to have a corporate web site. The initial cost of the net site is $29.95. You're essentially investing in the net site create fee and the monthly service fee. You're site could be up and running in a matter of minutes. After the initial cost, the next 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 be able update your web site.
The Shaklee Compensation Plan
The first way to have paid is what Shaklee calls an amount differential. Essentially, the difference between the retail price and the wholesale price are profits you keep. As a Shaklee consultant you buy the merchandise at wholesale which is 15% off the suggested retail price.
The 2nd way to have paid together with your Shaklee business is by way of a volume bonus. What this means is you earn an added bonus from 4% to 34% based on the total PV of these owned by your team. PV stands for private volume. Each product for Shaklee is assigned a specific value of PV, which again stands for private volume. What this means is your cash bonuses are being calculated off of 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 need certainly to recruit people you know such as for example acquaintances, friends, or family. Also, you'll need to go to and promote hotel meetings, product parties, and even attend company seminars. The purpose of attending these events are to advertise your product and even possibly recruit new people into your sales team.
Shaklee consultants have the choice to go to webinars lead by high performers in the industry. Also offered is something called Shaklee University. That is an thorough online training tool for Shaklee consultants to understand about their products and how to advertise Shaklee products effectively. This is a 24/7 online system that you need to use if you please. And it's a free of charge service wanted to Shaklee consultants.
Conclusion
There is no questioning the caliber of the Shaklee products. However parts of their enterprize model are out dated. The fact that you have to recruit friends or even family to go to your hosted product parties or attend meetings is not a style that fits everyone. In these settings you're promoting your products and recruiting potential people to join your Shaklee opportunity. It's your decision to decide if you like this process.
Also, if you're a person that truly believes in the Shaklee product and actually uses the merchandise then I wouldn't advise you against the Shaklee business opportunity. In order to succeed in any business opportunity you have to think in your product and get the proper training from your sponsor.
Also another fact to take into account is that Shaklee sells inexpensive high volume items. The big profits aren't made in your own personal sales but on your residual income. To have this residual income you have becoming 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 is a characteristic of an mlmreviewed opportunity. And to be clear Shaklee is an MLM opportunity.
Now another option is the utmost effective tier direct sales enterprize model where the majority of your income is made from your sales volume and commissions. Here you're promoting a high end high commission product. What this means is you earn more money with less sales in comparison to a MLM business like Shaklee.
So it's your decision to work this out. Would you rather produce a huge in advance commission with a premier tier direct sales enterprize model or can you rather make much smaller commissions but make huge residuals from your team's success? I'm just providing you as much information as you possibly can in order that you may make an educated business decision for yourself.
