If you're new here, you may want to follow us on Facebook or Twitter. Thanks for visiting! Here is a video I recorded that explains the compensation plan in terms of how much money you can make at each level. Through these ranks you earn the retail profit for the products you sell to customers as well as rebates on anything you buy and overrides on anything your downline team purchases or sells.
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Nikkens Inc was founded in Isamu Masuda is the founder of Nikken Inc. Nikkens started his business in Japan and then spread in Asia. In Nikken started his business in North America. Now Nikken is in business in more than 38 countries. Nikken Compensation Plan is a stair step breakaway plan.
It offers three major ways for representatives to generate income plus one more bonus for the representative with top high performance. Retail and Wholesale Profits, 2. Long term residual income 3. Leadership Bonuses 4. Lifestyle Bonuses. The representatives have the opportunity to make profit by the difference of retail and wholesale price, as they receive the products at whole sale.
Representative is also entitled for the commission on the sales volume of his team. This is a long term residual income for the representative. Leadership bonuses are offered to the representatives with ranks from Silver to Royal Diamond. The deep levels for this bonus vary from Silver to Royal Diamond. The higher the rank the deeper will be the level, the representative will be paid for. These bonuses are given on the basis of performance. Every level has its own qualifications to meet, in order to be qualified for that level.
Another important thing is that this is a breakaway plan and keeps high risk of high performing members in the down line of any representative. Following are the major levels of Nikkens Compensation Plan. Direct 2. Senior executive 3. Bronze 4. Silver 5. Gold 6. Platinum 7. Diamond 8. Royal Diamond. Direct level is the starting phase with Nikkens where a representative purchases a Success Kit. To be qualified for the level of executive, the representative must have PGV in a month.
Bronze level requires PGV of 10, According to Nikkens Compensation Plan, it is necessary to meet up the PGV of , in order to be qualified for the level of Silver in more or two consecutive weeks. Platinum Level requires the representative to have 3 Gold level members or 6 Silver Level members.
In order to achieve the level of Diamond, representatives are supposed to have 3 first levels Platinum or 6 first levels Gold. Royal Diamond Level requires the representatives to have 3 first levels Diamond or 6 first levels Platinum.
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About the Nikken Compensation Plan
When you are a Nikken Consultant, you earn money in many ways: two are by retailing Active Wellness products and by advancing rank and qualifying for a leadership bonus. As you rise in rank, your earning potential increases. Over the years, Nikken has occasionally modified the Compensation Plan to help Consultants achieve their potential. Another way for Consultants to improve is to be mentored. Recently Dennis created an analogy to show how reaching for Silver at Nikken is so much simpler now than in past years.
Tag: Nikken Compensation Plan
This network marketing company started in Japan in , and has since grown to become a multinational company. Here at the Finance Guy, we believe that you can't make money with network marketing. Having said that, we'll take a closer look at Nikken and see if their opportunity is a good business or just another MLM. We thought we'd let some Nikken Consultants tell us about their business opportunity it in a short video:. That video certainly make this look like an opportunity which could change your life and set you on the path to financial freedom.