About New Image NZ
New Image NZ is a direct-selling and multi-level marketing company that specializes in colostrum products. Founded in 1987 and headquartered in Auckland, New Zealand, they focus on quality formulations that appeal to health-conscious consumers.
Their business model allows independent distributors to earn income through retail profits, sponsor bonuses, and team commissions. With a Trust Score of 89/100 and a BBB rating of A+, they seem to maintain a solid reputation in the MLM space.
However, potential distributors should be aware of income concentration among top earners and monthly purchase requirements for full commissions. Overall, New Image NZ offers a promising opportunity, but it’s essential to do your research before diving in.
Pros and Cons
✓ Pros
- Established company
New Image has been around since 1987, which gives it a level of stability and experience in the MLM space. - A+ BBB rating
Their A+ rating from the Better Business Bureau indicates they handle customer complaints well and maintain good business practices. - Diverse income streams
The compensation plan includes multiple ways to earn, like retail profit and leadership bonuses, which can help boost earnings. - Low risk level
With a low risk level and a trust score of 89/100, it suggests a relatively safe investment compared to other MLMs. - Positive Trustpilot reviews
A 3.8/5 rating on Trustpilot shows that many customers and associates have had a decent experience with the company.
✗ Cons
- Income concentration
The income disclosure shows that most earnings are concentrated among a small group of top earners, which can make it tough for new members. - Monthly purchase requirements
To earn full commissions, associates must meet monthly purchase requirements, which can be a financial burden. - Limited market
Since it's based in New Zealand, the market may be limited for those outside the region, affecting growth potential. - Potential for high turnover
Like many MLMs, there's a chance of high turnover among associates, which can disrupt team dynamics and support.
Verdict: New Image NZ has some solid points, especially with its long history and decent ratings. However, the income concentration and purchase requirements are serious drawbacks that could make it hard for most people to succeed.
Best for: This might appeal to someone in New Zealand looking for a stable company with diverse income options. If you're not comfortable with upfront costs or high turnover environments, it might not be the best fit.
Risk Analysis
New Image NZ has a low risk profile overall, with a solid reputation and positive trust scores. However, potential recruits should be mindful of income distribution and monthly purchase requirements.
Key Concerns
- Top earner concentration moderate
Income disclosure shows a significant concentration of earnings among a small percentage of top earners. - Monthly purchase requirements moderate
To qualify for full commissions, members must meet monthly purchase quotas.
Positive Indicators
- A+ BBB Rating
The company has an A+ rating with the Better Business Bureau, indicating trustworthiness. - Trustpilot Score
A Trustpilot score of 3.8/5 suggests a generally positive customer experience.
Consumer Advice: If you're considering joining New Image NZ, weigh the potential rewards against the risks of income concentration and purchase requirements. It’s wise to start with a clear understanding of your financial commitment and realistic earning expectations.
Frequently Asked Questions About New Image NZ
Is New Image NZ a legitimate MLM company?
Yes, New Image NZ is a legitimate MLM company. Founded in 1987 and based in Auckland, New Zealand, it has a solid BBB rating of A+ and a Trust Score of 89 out of 100.
What products does New Image NZ sell?
New Image NZ offers a range of health and wellness products, including nutritional supplements and skincare items. Their focus on quality is reflected in their commitment to research and development.
How much can you make with New Image NZ?
Earnings in New Image NZ can vary widely. While the company provides a compensation plan that includes bonuses and commissions, top earners often dominate the earnings, which can skew the average.
Are there any complaints about New Image NZ?
Some complaints about New Image NZ involve the required monthly purchases to qualify for full commissions. It's essential to weigh these concerns against the positive aspects of the company.
What is the compensation plan for New Image NZ?
New Image NZ uses a Unilevel compensation plan with income streams like retail profit, sponsor bonuses, and team commissions. They also offer leadership pools and incentive trips for higher-ranking members.
What does it cost to join New Image NZ?
Joining New Image NZ typically involves purchasing a starter kit, but specific costs can vary. You'd want to check directly on their website for the most current pricing.
What is New Image NZ's BBB rating?
New Image NZ has an A+ rating from the Better Business Bureau. This reflects their commitment to resolving customer complaints and maintaining a positive reputation.
What are the alternatives to New Image NZ?
If you're considering alternatives to New Image NZ, companies like Herbalife or Amway might come to mind. Each has its own product lines and comp plans, so it’s worth researching those too.
Compensation Plan
Plan Type
This is a Unilevel plan. Basically, that means you can build your own team without worrying about a complicated structure. You get paid based on your direct recruits and the sales they generate.
How Earnings Work
- Retail Profit: You buy products at a discount and sell them at retail price. The difference is your profit.
- Sponsor Bonus: When you bring someone into the business, you earn a bonus based on their initial purchase.
- Team Commission: You earn a percentage of the sales from your recruits. The more they sell, the more you make.
- Leadership Bonus: As you move up in ranks, you can earn extra bonuses based on team performance.
- Incentive Trip: If you hit certain sales goals, you could qualify for free trips and other perks.
Requirements
- You’ll need to make a monthly purchase to get full commissions. This is a common practice in MLMs, so keep that in mind.
- To move up in rank (like from Associate to Manager), you need to meet certain sales and recruitment goals.
Trust Score
93
/ 100
Low Risk
External Ratings
Flags & Notes
- Income disclosure shows top earner concentration
- Monthly purchase requirements apply for full commissions
- Top earner concentration
- Monthly purchase requirements
