What is doTerra?
doTerra was established in the year 2008 by David Stirling, Emily Wright, David Hill, Corey B. Lindley, Gregory P. Cook, Robert J. Young, and Mark A. Wolfertand. The company headquarters is located at Utah. doTerra was built with an aim of sharing therapeutic-grade essential oils with the world.
The company includes 1,300 employees and over 3 million independent distributors. The business generates over $1 billion in global sales annually and gained billion dollar mark in the first 7 years.
Additionally, the company also has won a number of awards for its achievements in its industry, including 2013 Business of the Year from the mayor in Pleasant Grove, Utah.
The company has a wide variety of products in stock such as skin care products, essential oils, supplements, weight loss pills, and hair care products.
The platform comes with 3 standard scents, lavender, lemon, and peppermint. The first line of doTERRA essential oils established on April 25, 2008, with 25 singles and 10 blends.
doTerra Compensation Plan
However, they are not average Multi level marketing company. They have a very generous compensation plan. It’s easy to analyze once you divide it into smaller pieces.
Initially, you can join as a Wholesale Customer for $ 35. Further, if you want to earn money, you can’t stay as a Wholesale Customer; you must become a Wellness Advocate. To join at this level, you need to buy an enrolment kit. There are several options ranging from $200/$150 to $3,333.33/$2,650.00.
There are 5 ways to make money sharing essential oils thru doTerra business.
Retail Profit – A wellness advocate can save 25% off retail. Later, you can sell the products at a retail price and earn 25% commission.
Fast Start Bonus – For every person that you enroll with a wholesale membership, you earn 20% from their orders for the first 60 days. However, Fast start includes 3 levels. Level 1 is the 20% you earn on personal enrollments. Level 2 & 3 is earned on downlines personal enrollments. Moreover, the fast start is paid out weekly and is an excellent way to get your business started.
Power of 3 Bonus – Each consultant must buy 100pv on the loyalty rewards program to qualify for the Power of 3 and commissions.
- The first level includes $50 bonus
- The second level includes $250 bonus
- The third level includes $1500 bonus
Unilevel commissions: Unilevel is sponsor-based. Here, the top Wellness Advocates make around 80% of their income.
Leadership pools: leadership pools start once you reach Silver. They analyze all the sales for that month and multiply it by 2%. Then all the Silvers earn at least one share in this pool.
Currently, a Silver share is around $130. Gold gets about $650 and a Platinum gets $1300. The Diamond Pool share is around $4,000 per share.
Pros and Cons of doTerra
- Maximum Customer Retention
- Less doTERRA Startup Costs
- Certified Pure Therapeutic Grade Products
- Training and Support
- High Compensation Benefit
- $35 registration fee
doTerra overall appears to be an excellent business opportunity in the health and wellness industry. The company boasts an amazing compensation plan with huge incentives and team-based bonuses. Additionally, The company has won several awards for its business plan in its industry.