Shaklee Corporation

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Founded1956
HeadquartersPleasanton, California
Trust Score85/100
Views44

About Shaklee Corporation

Shaklee Corporation is a health and wellness MLM founded in 1956 and based in Pleasanton, California.

They offer a variety of products, including dietary supplements, personal care items, and eco-friendly household solutions. Distributors can earn retail profits of 20-40% on sales, plus bonuses based on personal and team performance.

With a trust score of 85/100, Shaklee has a solid reputation in the network marketing space. It's one of the oldest MLMs and focuses on quality and innovation.

Pros and Cons

✓ Pros

  • Established company
    Shaklee has been around since 1956, which gives it a solid reputation in the market.
  • Diverse product range
    They offer a variety of health, wellness, and beauty products, catering to different customer needs.
  • Low risk level
    With a risk level rated as low, it suggests that starting with Shaklee has less potential for loss compared to some other MLMs.
  • Decent trust score
    An 85/100 trust score indicates that many people view Shaklee positively.
  • Multiple income streams
    Their compensation plan includes various ways to earn, from retail profits to leadership bonuses, which can provide flexibility.

✗ Cons

  • High competition
    The health and wellness market is saturated, making it tough to stand out and find customers.
  • Income potential varies widely
    Many distributors earn little to nothing, with income highly dependent on personal effort and team performance.
  • Startup costs
    Joining Shaklee requires an initial investment, which might not be manageable for everyone.
  • Recruitment focus
    The compensation plan emphasizes building a team, which can lead to pressure to recruit rather than focusing on product sales.
  • Limited training resources
    Some distributors find that training on sales techniques and product knowledge isn't as robust as needed.
Verdict: Shaklee has its strengths, especially with its longevity and variety of products. However, if you're not prepared for the competitive market and the challenges of building a team, it might not be the best fit.

Best for: This could be a good opportunity for health and wellness enthusiasts who enjoy networking and have sales experience. If you're looking for a guaranteed income or aren't comfortable with sales, you might want to steer clear.

Risk Analysis

Shaklee Corporation presents a low-risk profile with a stable compensation plan and a long history. Their focus on health and wellness products is a positive, but potential recruits should be aware of the challenges in building a team.

Key Concerns

  • Difficulty in team recruitment and retention moderate
    Many MLMs, including Shaklee, depend heavily on recruitment, which can be challenging for new distributors.

Positive Indicators

  • Established company with a long history
    Founded in 1956, Shaklee has been in the market for over 65 years, indicating stability.
  • Diverse income streams
    Compensation plan includes various bonuses and commissions which can help distributors earn income in multiple ways.
Consumer Advice: If you're considering joining Shaklee, be prepared for the hard work involved in building a team. Focus on selling the products you love, as personal sales can also be rewarding.

Frequently Asked Questions About Shaklee Corporation

Is Shaklee Corporation a legitimate MLM company?

Yes, Shaklee Corporation is a legitimate MLM company. Founded in 1956 and headquartered in Pleasanton, California, they've been in business for decades and maintain a trust score of 85 out of 100.

What products does Shaklee Corporation sell?

Shaklee Corporation offers a range of health and wellness products. Their lineup includes nutritional supplements, personal care items, and eco-friendly cleaning products.

How much can you make with Shaklee Corporation?

Earnings with Shaklee Corporation can vary widely. Distributors can earn retail profits between 20-40% on sales, along with bonuses based on personal and team sales.

Are there any complaints about Shaklee Corporation?

Some complaints about Shaklee Corporation focus on the typical challenges of MLMs, like pressure to recruit. However, they have a solid BBB rating, which suggests they handle customer issues fairly well.

How does the compensation plan work for Shaklee Corporation?

Shaklee Corporation's compensation plan includes multiple income streams. Distributors can earn retail profits, personal volume bonuses, team commissions, and various leadership bonuses.

What is the cost to join Shaklee Corporation?

Joining Shaklee Corporation typically requires an initial investment for a starter kit, which can range from about $50 to $300. This cost varies depending on the package you choose.

What is Shaklee Corporation's BBB rating?

Shaklee Corporation has a BBB rating of A+, indicating a strong commitment to resolving customer complaints. This rating adds to their credibility as a business.

Are there alternatives to Shaklee Corporation?

Yes, there are several alternatives to Shaklee Corporation in the MLM space. Companies like Herbalife and Amway also offer health and wellness products and have similar compensation structures.

Is Shaklee Corporation a scam?

No, Shaklee Corporation is not a scam. With a long history and a solid reputation in the health industry, they are a legitimate company, though like any MLM, success can depend on individual effort.

Compensation Plan

Plan Type

This is a multi-level marketing (MLM) plan. That means you can make money by selling products and by building a team of other sellers.

How Earnings Work

  • Retail Profit (20-40%): You earn a percentage of the sales you make directly to customers. So, if you sell a product for $100, you could make between $20 and $40.
  • Personal Volume Bonus: Each month, if you hit a certain sales target, you can get a bonus based on your sales volume.
  • Team Commission: You earn money when your team sells products too. This means you get a cut of sales made by people you’ve recruited, and maybe even their recruits.
  • Leadership Bonus: If you reach higher ranks in the company, you can earn extra bonuses just for being a leader.
  • Fast Start Bonus: This is a one-time bonus when you bring in new distributors who hit their initial sales targets quickly.

Qualification Requirements

  • To earn bonuses, you often need to meet monthly sales minimums.
  • Advancing in rank requires consistent sales and team building.

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