Magnetic therapy for healing diseases has a long history way back the ancient times.
Nikken is a company that developed such ancient practices with recent studies and innovations to create products that target health and wellness benefits for everyone.
Together with the company’s principles called the 5 pillars of wellness, it offers both health and wellness products to the market through its multi-level marketing (MLM) business model.
If you are looking for a business in this product category, you may be interested in knowing more about what Nikken can offer to you.
In this article, we feature our honest Nikken MLM review. Find out below if Nikken offers the right opportunity for you.
Read on to find out more.
Nikken MLM Review - The Right Opportunity For You?
The Nikken Company
Nikken is a health and wellness company based in California, U.S.A. The company has its roots in Japan that is clearly reflected in the company name.
It was established in 1975 by Isamu Masuda and was launched as Nihon Kenko Zoushin Kenkyukai .
The company started operations in the U.S.A in 1989 and began expanding its operations to other countries in the world.
In 1999, Nikken faced a patent infringement lawsuit filed by Amway which the former countered with another lawsuit.
Now, the company is led by Luis Kasuga as President and CEO. He has been with the company since 1994 as a multilingual translator and was given several positions, one of which was a General Director of Latin America.
The company follows the principles of what it calls the 5 Pillars of Wellness - Healthy Mind, Healthy Body, Healthy Family, Healthy Society, and Healthy Finances.The company headquarter is listed in Better Business Bureau but is currently not rated.
The Nikken Products
Nikken’s story started with the founder’s discovery of magnetic therapy. Some of the company’s pioneer products are magnetic shoe inserts, Elastomag support wraps, far-infrared products, nutritional supplements, and drink mixes.
The company has a federally approved medical device called SoliTENS, a Transcutaneous Electrical Nerve Stimulator.
Now, the company products are classified into rest & relaxation, environment, nutritional & personal care, and accessories & replacements.
Here are some of the company’s products and their prices:
Rest & Relaxation
- Kenko Ground - $146
- Kenko mStrides - $67 - $77
- KenkoTouch - $226
- KenkoTherm DUK Tape - $18
- PiMag Waterfall Gravity Water System 5.5L Tank - $388
- PiMag MicroJet Shower System - $95-$114
- Organic Jade GreenZymes (50servings) - $42
- Kenzen BDZ (60 tablets) - $66
***Supports bone strength & density.
- Kenzen Bergisterol (60 capsules) - $72
***Support healthy heart
- True Elements Revitalizing Serum - $42
- True Elementsnts Moisturizing Cream - $56
Nikken also offers fashion and jewelry products with magnetic therapy inserts.
How To Join Nikken
To join Nikken as a distributor, you need to agree to Nikken’s Policies & Procedures and Compensation Plan and complete the Distributor Application & Agreement.
You also need to pay for the distributor kit worth $99. This comes with the business tools you need to get started with the business.
The Nikken Compensation Plan
To get the benefits of Nikken’s compensation plan, you need to be a distributor. Once a distributor, you can progress in ranks to Senior, Executive, Bronze, Silver, Gold, Platinum, Diamond, Royal Diamond, and Royal Ambassador.
From Nikken’s compensation plan that is available on this link , are some of the ways to earn an income from this business opportunity.
Standard retail markup is 25%.
Personal CV Rebate
This is the bonus coming from 5-20% of all your personal commissionable volume depending on your rank starting from Senior Distributor or up
Personal Group CV Override
This is the bonus calculated as 5-20% of your personal group volume depending on your rank starting from Senior Distributor.
This is the bonus for Silver Distributors or above with downline silver distributors or above. You will be paid up to 6 levels of generation deep depending on your rank.
There’s a mention of auto and home incentive programs as well.
Can You Make Money With The Nikken Business Opportunity?
Nikken released its income disclosure statement for the year 2020 for US and Canadian consultants. The original text is available on this link here.
For US consultants, 0.5% of the consultants earned an annual average of $104,398 and 1.2% earned an annual average of $11,714.
The rest earned an annual average below $1,381 with more than 50% of the consultants earning an annual average below $298.
For the Canadian consultants, 0.6% earned an annual average of CAD181,181. The rest earned an annual average below CAD3,245 with about 87% of the consultants earning below CAD223.
I was not surprised to see these discouraging figures from Nikken’s income disclosure statement because I have seen a lot of income disclosure statements from other multi-level marketing companies and they are showing similar patterns.
In the case of Nikken, the same points can be deduced from its income disclosure statement. You have less than a 1% success rate of getting a full-time income from such an opportunity.
Most consultants earned significantly low amounts that you can easily get from other income sources without selling products and recruiting friends and acquaintances to join the company.
I must say that joining Nikken is such a high-risk venture to undertake if you are after profit from the business you built.
In terms of your chance of earning a decent income from the business, Nikken’s income disclosure statement figures are actually saying that you have low chances. I must say that this opportunity is right for you if you have what it takes to be part of the upper 1% of all consultants.
If you have doubts about your selling and networking capabilities then you must think twice before joining this business opportunity by Nikken.
Let's have a quick look at the Pros and Cons of Nikken.
The Pros And Cons Of The Nikken Opportunity
There is no doubt that Nikken is one of the most stable MLM companies out there with long years of history and worldwide operations.
Its pioneering products from way back in 1975 are still in the company’s product portfolio and several products have been added under different categories through the years.
The company even has a federally-approved medical product. Also, the company offers an opportunity for ordinary people even with no job experience to start a business from home at a minimal cost.
Are these things enough reasons for you to say that Nikken is the right opportunity for you? I don’t think so yet. You must understand that Nikken follows an MLM business model and for you to earn you need to sell the products and recruit people to join the business.
Once you have set up your team, you have the chance to earn a residual income from the sales of your downline.
However, looking at Nikken’s income disclosure statement in 2020, the figures are contradicting Nikken’s business opportunity offering.
With a less than 1% of success rate in getting a full-time income, would you want to bet on this opportunity? I leave that question to you as you may already know that you have a much higher chance of success in different business endeavors that you can see around you.
Here is what I would recommend to earn a passive income, without selling or recruiting.
Here Is What I Recommend To Make Money Online
I am not a fan of MLM, not because it is not legit, but through my own experience of being a sales representative (the school of hard knocks).
I was restricted in the products I could sell, I had to recruit to climb the ranks, and had to invest quite a bit of money. No, thank you!
Instead, my recommended business model is Affiliate Marketing.
These are the simple reasons, why:
- Promote any product you want
- You don't have to recruit anyone (no more annoying friends and family)
- Make passive income from anywhere in the world 24/7
- It is free to get started.
So if this sounds like you, why not give it a go.
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