Review Date: October 99*
In Business Since: 1998
Financial Strength: Very Strong. Division of Billion dollar company Nuskin Enterprises.
Management: Richard King, President of Big Planet is a former executive
with computer networking giant Novell. Executives of 15 year old MLM/direct sales company Nuskin
Enterprises have a long track record of success and are obviously highly experienced in network
marketing as well as corporate management.
Management Rating: 5 Stars
Online Training & Support: Excellent. One of the best, if not the best, online support system
in the industry with online training and certifications, newsletters, a
regularly updated website with the latest news, events, and promotions, and
even an online radion broadcast. Also
available are independent representative websites that can be individually customized
and personalized, as well as online sign-ups, product orders, and genealogy
reports. The Big Planet Store, Big Planet's global internet mall with hundreds of
thousands of products, is awesome.
Field Training & Support: Field support through corporate
sponsored regional and national events, as well as distributor
led local meetings in select areas. Distributor led trainings are
usually conducted by one of Big Planet's very successful distributors
who have built a very large business, even before Big Planet came
into being, through BP's sister company Nuskin. Consequently,
higly experienced support is not hard to find.
Motivational Support: Motivational support provided via newsletters,
corporate website with online newsletters, daily updates, etc. Support is also
provided through local weekly meetings in select areas, regional training events, and national conventions.
Training & Support Rating: 5 Stars
Products/Services: Internet service, long distance, paging, internet
appliances, and one of the hottest internet malls in MLM, including
products from sister companies Nuskin, Pharmanex, and thousands of
other name brand products and services from many major internet stores.
Using BP's internet service, I consistently experienced a faster connect speed
and better service than a major nameb rand ISP that "claims" to be the best.
On the telephone, tech support was easily accessable with very little wait time.
Product Quality/Effectiveness Rating: 5 Stars
Product Market Rating: 5 Stars
Business Opportunity Market Rating: 5 Stars
Compensation Plan: Stairstep breakaway. Very lucrative compensation
plan with a unique bonus on the backend called a builder bonus. A
drawback to Big Planet's compensation plan is the fact that you do
not receive overrides from the volume generated by your downline members
until you become an executive. And inherant in stairstep breakaways is
the fact that you cannot receive an override on someone
that has achieved the same position as you until you reach the executive(breakaway) position. However, breakaway companies
have been around a lot longer than the other companies and are perhaps responsible
for helping the majority of top industry representatives achieve financial independence.
And combined with excellent telecommunicatins/internet services and
hundreds of thousands of mall products in practically every category imaginable, BP's
compensation plan is extremely lucrative for those who are willing to do what it takes
to reach top positions within the comp plan.
Compensation Plan Rating: 3.75 Stars
Overall Rating: 4.79 Stars
Advantages: Financial Strength, Billion dollar parent company,
Experienced management, own ISP, very internet centric company,
low sign-up cost.
One of it's main product lines include the I-Phone, which is
a telephone with a screen and keyboard for internet browsing.
This makes the products and the opportunity easy to demonstrate.
The low sign-up fee to become a representative is also a plus.
With Nuskin and Pharmanex, Big Planet's sister companies, as an addition
to the Big Planet products and opportunity, BP reps can attract
both nutritional and personal care minded networkers as well as those who would
rather promote high tech/telecommunications. Being that nutrition
and telecommunications are the dominant industries in network marketing,
Big Planet is poised to attract prospects who have always been interested
in both industries but never wanted to promote more than one company. This
is a big plus.
Disadvantages: A stairstep breakaway, especially one where
reps do not receive downline overrides until he or she
becomes an executive, in our opinion, is something that is
not the best choice for a high tech/telecommunications company.
However, the Big Planet mall with the hundreds of thousands
of products, along with Nuskin and Pharmanex products, will push
active distributors to the executive position relatively fast.
Comments: Big Planet is definitely one of the best internet centric companies
in MLM, and coupled with NSE's worldwide resources, an upcoming internet giant.
Those who choose to position themselves
and build an organization now will reap the financial benefits.
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