2024 Platinum Elite Program
The 2024 Platinum Elite Program (“Program”) is intended to promote long-term, sustainable growth through sales to consumers. This program is governed by the following rules (“Qualification Rules”). These Qualification Rules apply to all of our markets except for our Mainland China business, which does not participate in Nu Skin’s Global Sales Performance Plan and operates under a different business model.
2024 Platinum Elite Program Rules
2024 Platinum Elite Program FAQ
QUALIFICATION RULES
QUALIFICATION PERIOD : January 1, 2024–December 31, 2024
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1–4 Star Platinum Elite |
Requirements
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1. Qualify for the 2025 Team Elite Trip.
5. Be paid as Presidential Director January–March 2025. |
1. Achieve all Platinum Elite Requirements. 2. Achieve one incremental Leadership Team with at least 5,000 Leadership Team Sales Volume (December 2023 vs December 2024, see 3. Achieve the following year-over-year Organizational Sales Volume growth compared to 2023*: ◦ 1-Star: 500,000+ |
Benefits
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Platinum Powershot Pools
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• Nu Skin will create a Quarterly Powershot Pool each quarter we achieve $440,000,000 USD core quarterly revenue** in the remaining quarters of 2024. ◦ Q2 Powershot Pool: $2,000,000 USD ◦ Q3 Powershot Pool: $2,000,000 USD ◦ Q4 Powershot Pool: $2,000,000 USD That is up to $6,000,000 in Powershot Pools, and $8,000,000 for the entire Platinum Elite Program! • To receive a share for any of the Quarterly Powershot Pools, you must develop at least one First-Time G1 Brand Representatives in the quarter the Powershot Pool is achieved.
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*For the purposes of these Qualification Rules, Organizational Sales Volume is the sum of the monthly Sales Volume from your Group, the Groups of your G1–G6 Brand Representatives, the G6 of your Business Builder Position, and the G6 of your Team Elite Business Builder Position, for each month in 2024. Annual Organizational Sales Volume is calculated by summing the Organizational Sales Volume for the 12 calendar months of 2024. Important: For all Organizational Sales growth requirements, as well as all share determination requirements, you may count a maximum of 1,000,000 Organizational Sales Volume growth from each of your Leadership Teams (you can receive a maximum of 10 shares from each Leadership Team).
**Nu Skin core quarterly revenue is defined as revenue from the company’s Nu Skin segments, as determined under generally accepted accounting principles in the United States of America. It excludes revenue from Rhyz entities. Bonus Pool increases will be assessed on a per-quarter basis only and are not dependent on nor necessarily additive to any other quarterly results. If the $440,000,000 USD core quarterly revenue is not achieved for one or more of the quarters, but the average revenue across the three remaining quarters of 2024 is at least USD$440,000,000, the Platinum Powershot pool amount for the originally missed quarter(s) will be granted. Quarterly Powershot Pool achievements will be announced after Nu Skin’s quarterly earnings are released.
†A First-Time G1 Brand Representative is a Brand Affiliate in your Consumer Group who qualifies as a Brand Representative (and maintains their first full month as a paid Brand Representative with at least 2,000 Group Sales Volume) for the first time since signing up with the Company and is on your G1. Credit will be given the quarter of the Brand Representative Promotion Date.
INCREMENTAL LEADERSHIP TEAM CHART
| If in December 31, 2023 | Then required in December 31, 2024 |
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Four Leadership Teams
1 with 10,000+ Leadership Team Sales Volume |
Four Leadership Teams
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Five Leadership Teams: Four with the LTSV requirements listed above 1 with ≥ 5,000+ LTSV
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Six Leadership Teams: Four with the LTSV requirements listed above 2 with ≥ 5,000+ LTSV
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