Do you enjoy the dōTERRA essential oil and products? Are you trying to decide if their business opportunity is for you 2016?
dōTERRA carry a range of products encompassing many essential oils and proprietary essential oil technologies.
Their therapeutic-grade oils are sold exclusively by what they term “Wellness Advocates”, which is where the at-home earning-potential begins.
In terms of a MLM (multilevel marketing) or reseller program, dōTERRA do have very enticing products that carry legitimate value. Since their establishment in 2008 they have grown to a customer retention rate of 65%, which is a great deal more than the industry average of just 10%.
It is clear that customers do appear to hold dōTERRA CPTG certified pure therapeutic grade oils as a favored product, making them a viable option to those who feel they have the network marketing capabilities to capitalize on a natural product like this.
That`s the Key Right There…
Is Network Marketing for YOU?
Are you willing to push these oils to family and friends?
About 95% that jumps into this kind of business model, the MLM model, quit.
Do you belong to the 5% that will stick with it?
Signing Up as a dōTERRA Wellness Advocate
Registration costs $35 and you are then granted a 25% discount on the sale price of all products, allowing you the freedom to adjust your own pricing as you wish. Products are often sold in kits, with discounts above-and-beyond the 25% that you already are given as a Wellness Advocate.
The pricing is rather competitive, with dōTERRA giving resellers rather competitive prices, well in line with industry standards.
As a registered member you are also eligible to receive between 10 and 30% of your purchase value back in free products. As you can see there is more than enough leeway for the modern network marketer. You will have to look at the expenses as well though, how much do you have to spend?
There are two ways to make money with dōTERRA:
- Retail markups
- Commission or bonuses when others sign up
To receive these bonuses you will have to place LRP orders and your sign ups will have to place these orders as well.
To be able to create an income with dōTERRA, you will have to build a team. Just like any other multi level marketing company it is based on getting more people to sign up under you and have them purchase products.
dōTERRA Product Value
dōTERRA oils are extremely healthy, and safely manufactured. All products carry the following criteria:
- Completely natural, aromatic compounds are extracted with care from plant matter
- No filler content, no artificial additives
- No dilution of active increase
- Contaminant, pesticide and chemical free
- Matches all test standards of chemical composition, passing flawlessly
- Exact purity & precise composition tested with Mass Spectrometry and Gas Chromatography
The natural remedies supplied by dōTERRA work, and they work well. This is of course the first and foremost reason that customers typically reorder.
As a brand dōTERRA is well established and well reputed. There is a wealth of information concerning any and all of their products and a good amount of marketing resources are supplied to Wellness Advocates. The quality of their products simply cannot be topped, and many of their remedies are reported to have immediate effects.
An Opportunity 2016 – For the Right Marketer
dōTERRA is a supplier of a range of high quality natural products, I will give them that. It is however a typical network marketing opportunity that will require significant work to get off the ground.
If you have a client base that natural oils and homeopathic remedies would appeal to, then dōTERRA can be a gold mine. The products seems pretty easy to sell and hold enough authority to not be overlooked.
You will be happy to find chemical-free solutions to many varied health concerns, you truly have a product for everything which is exactly what the niche-based network marketer needs.
To sum things up, I think that dōTERRA has good products, the question is if it`s a good way for YOU to make some extra money?
Here`s what I suggest you do:
- Read this article – 10 Tips Before Joining an MLM, Is It for You?
- Make sure you get ALL your questions answered by the person that presented this opportunity to you.
- Make sure you UNDERSTAND the requirements for making money with this program. How much will you have to spend to make money? Make sure you understand the compensation plan, they can be pretty tricky some times. Also, figure out what it will take to reach a set goal, say $400 extra monthly. Will it take 10 new sign ups?
- Have a clear picture of what you get yourself into.
I`m not saying this is not for you, just want to make sure you don`t waste your time. If you are a person that belong to the 5% that “makes” it, then by all means go for it!
MLM Is Not For Me, Now What?
If you decide that the MLM model is not for you, then there are other opportunities.
Personally I don`t like to bug my family and friends, it`s not for me.
I enjoy connecting with people and offer people things that they are looking for online already. If I can provide value and help them with something they are looking for, then it`s a win win. They get what they want and I might make a commission along the way.
What I`m talking about is setting up a website on a topic you enjoy. Provide helpful information and value to your visitors and when suitable suggest a product that can help them solve a problem.
Doing this I don`t have to bug my family and friends, interested people come to me.
If you want to know more about it read my post – Start Here… How to create a website and make money with it!