Young Living vs Doterra Compensation Plan
In a March 29, 2019 release, Bloomberg reported that Young Living Essential Oils surpassed $1billion in sales in each of the last 3 years. Specifically, in fiscal 2017, Young Living reported sales in excess of $1.5 billion. At the same time, the essential oils market in the United States, alone, is estimated to reach $3.99 billion in 2019 and $10 billion in 2022. In the United States essential oils market, Young Living maintains about 38% of the market share.
So, if Young Living has approximately 40% of the essential oils market, who is your greatest competitor as you begin your Young Living Essential Oil Business. The greatest competitor is going to be doTerra, with doTerra essential oils realizing $500 million in sales, and holding about a 13% market share. Keep that market share in mind, as we get to the conclusion of this page.
So,what we’re going to do here is give a comparison of the two essential oil companies’ compensation plans.
Young Living Vs Doterra
The essential oils market has found its greatest marketing is through the Multi-Level Marketing, also known as “MLM”. The philosophy behind this marketing strategy is that consumers want to smell and experience essential oils before they buy. So, direct selling - where the buyer has direct access to the wholesaler - is the most successful forum for essential oils. MLM supports that strategy.
Multi-level marketing is defined by distributors / business owners to enroll new distributors / business owners. The distributor is paid income, commissions, bonuses, and other incentives, based on enrolled distributors. Distributor’s enrollees (with Young Living) are called distributor's "downline."
Young Living Essential Oils vs Doterra Compensation
Both Young Living and doTerra utilize the MLM marketing philosophy. But you may be asking what drives the MLM business for essential oils? Here’s a clue to some of them:
Essential Oils requires direct education to understand it benefits and applications
The increasing market trend to “Go Green”
The increasing market trend to use organic and natural products
The market’s search for natural alternative solutions to medicine
The market’s interest in health and wellness
Female and male consumers
The ability to run an essential oils business full-time and part-time
How does Young Living Essential Oils compare to Doterra? Let’s take a look.
Earning Potential - Young Living vs. DoTERRA
Young Living Compensation Plan
The Young Living compensation plan is available to its wholesale members. The company’s wholesale members are eligible to recruit individuals as new members (wholesale) and retail customers. They are not obligated to undertake business strategy or recruit new members.
To be eligible for income, through commission, the member has a requirement to place an order with a minimal 100PV in the month the commission is earned. There are multiple levels of earning capacity with Young Living.
DoTerra Essential Oils Compensation Plan
The doTerra compensation plan is available to its Wellness Advocate members. The company’s Wellness Advocate members are eligible to recruit both new members and what is called preferred members. They are not obligated to undertake business strategy or recruit new members.
In order to be eligible for commissions, Wellness Advocate members must first be considered at least a “Manager level”. In addition, the Wellness Advocate member must have downline team members and other customers before becoming commission eligible. With the downline team members in place, commission eligibility requires a 100PV order for the month of commission eligibility.
Young Living VS. Doterra Compensation Levels
These compensation plans for both Young Living and DoTerra are both complex in their levels and require a further in-depth study through compilation. However, to provide a generalized presentation it is easy to see that the plans are both an MLM compensation strategy plan.
Each company compensation plan is based upon an overall team volume, including downline sales.
|Young Living Compensation Plan||DoTerra Compensation Plan|
|RANK LEVEL||TEAM VOLUME||RANK LEVEL||TEAM VOLUME|
|2x Premier Diamond||324,000|
|Royal Crown Diamond||1,500,000|