How much does it cost to join Nikken? I get that question all the time, and it’s an obvious question when you start a new business.
I saw a review website that ranked Nikken pretty low because they think that Nikken’s fee is too high. Aside from the fact that they used out-of-date information in the review, you have to consider other expenses in addition to the up-front cost.
So let’s look at the cost to join Nikken and any additional monthly costs so that you have a complete picture.
What is the Cost to Join Nikken?
The initial sign-up fee is $99 plus sales tax in the US and Canada and the annual renewal fee is $79.
Some people might say that price is too high. The review that I read said that it was. There are a few reasons why Nikken chose a higher startup fee, and I will get into those in a moment. The most important thing to consider is that Nikken doesn’t have any monthly maintenance fees like other companies do.
Why Have a Fee at All?
The biggest reason to charge a fee is that nobody values free. We all think we do, but we don’t. If you don’t invest some money into your new business then won’t invest your time either, and you’ll never have a business.
Equally as important, the fee separates you as a distributor from your customers. As a distributor you order product at wholesale, which is 20% less than retail. Your customers order at retail and you keep the retail profit, the difference between the wholesale and retail prices. Without the fee everyone would order at wholesale and you wouldn’t be able to make any money.
The fee also helps to cover some of the cost to maintain your account with Nikken and keep your replicated website active. Nikken used to charge a monthly fee for the website but decided to reduce that fee and roll it into the sign-up fee. It costs a lot less now to run a Nikken distributorship than it did a few years ago.
The cost to join Nikken is really negligible over the course of a year. The real question is how much does it cost to actually build and run a Nikken business, or as some people put it, how much does it cost to sell Nikken? That’s a much harder question to answer and it really depends on how you want to build your business.
Cost to Build Nikken the Traditional Network Marketing Way
I wrote a post about 2 months ago about how to build a Nikken business without any money from your own pocket. Here let’s look at an easier, more standard way.
The traditional way of building a network marketing business is to meet people face-to-face and tell anyone interested about what you have to offer. That may require CDs or DVDs to hand out to prospects for them to see the benefits of network marketing. It also means keeping brochures on hand about the products.
The second expense of the traditional way of network marketing with Nikken is buying demo product. Many of Nikken’s products really need to be experienced to be believed, which is the case when you are talking about technologies that most people don’t understand, like magnets. A Magboy and a pair of Magsteps are crucial to give people a real magnetic experience.
Let’s sum up the cost of building a Nikken business the traditional way.
$50.00 to sign up
$48.00 for a pair of Magsteps (wholesale)
$55.20 for a Magboy (wholesale)
$153.20 minimum startup costs
$20 a month for CDs / DVDs
$20 a month for brochures
$40 minimum monthly costs
Starting a business for about $150 and then $40 a month there after doesn’t sound very expensive at all, and I think you really could do it with that. Now let’s take a look at how I do it.
Cost to Build a Nikken Business Online
The Nikken signup fee is the same and there are two additional services that Nikken offers that are essential to building the business online. Advanced Nikken gives you additional tools in your back office that make it easier to follow up with your customers and support your team. This is really a good tool to have for the traditional approach too, but is critical for the online way because it may be the only way that you can find out who your customers are. This is $20 a month.
The second essential tool is the Nikken Personal Web Page or PWP. You cannot take orders for Nikken product online without it. It allows you to link to specific products and lets your customers place their orders directly with Nikken. They handle the payment processing and fulfilling the orders for you. And it is a violation of their policies for you to take online orders through any other means than the PWP site. This is $14.95 a month.
To do anything online you need to have a website. I use a hosting company called Host Monster that allows me to host unlimited domains (websites), create my own email addresses, and create up to 100 databases (which are needed for blogs). The first domain (website address) registration is free and each additional domain registration is only $10. Currently, the price for opening an account with Host Monster is $5.95 a month paid annually, so $71.40.
The software to create your website, WordPress, is free. This website is built on WordPress. It is free software that gets installed by clicking a button in the back office of your hosting account. Everything needed for creating your website is taken care of for you. From here on, if you can write a document using something like MS Word, then you can build your website in WordPress.
The final component is an email service for your customers and prospects to opt-in to receive information from you, like a newsletter. I use Aweber and it costs $19.00 a month.
So, let’s add this up.
$50.00 to sign up
$71.40 for your first year of web hosting
$121.40 start up costs
$20.00 Advanced Nikken fee
$14.95 Nikken PWP
$53.95 monthly costs
If you compare the startup and monthly costs between the two ways of building your Nikken business they come out pretty close. I chose internet network marketing because it offers huge benefits over the traditional method. In traditional network marketing, if you spend an hour talking to a prospect or group of prospects, your marketing reach is limited to that prospect or group of prospects and you have a limited time afterward to capitalize on your time spent.
When you build your Nikken business online however, if you spend an hour creating a page or writing a blog post, that hour spent will continue to work for you as long as your website stays up, which should be better than 99.5% of the time. Your reach is also far beyond your local area. A US or Canadian Nikken distributor can sell product anywhere in the US and Canada and we can prospect new distributors in any of the 38 countries that Nikken currently operates in. This is called leveraging your time. By working online we can significantly leverage our time.
If you are interested in building a wellness business in network marketing, join my team and I will help you build your business either in the traditional or online way, or both. Either way can be easy as long as you are willing the put in the time and stick with it long enough for your efforts to pay off. Remember, this is not a get rich quick scheme, it is a business. Let’s talk. You can write a comment or enter your first name and email address below, email or call me using the address or phone number next to my picture at the top of this page, or use my contact form.