UNDERSTANDING THE dōTERRA COMPENSATION PLAN AND OPPORTUNITY A recording of tonight’s webinar along with other great information you can use, will be posted on our team business builders website www.essentialoilbusiness.biz Marty Harger – 4/25/12 Rewarding Compensation Plan as a HomeBased Business Weekly and Monthly Bonuses and Commissions Leadership Bonus Pools 1. Spare-time effort to pay for your oils “hobby”: $100-$500 per month 2-3 hours a week 2. Part-time employment: $500 - $5,000 per month 10 – 20 hours a week 3. Full-time income: $5,000 - $50,000 per month 40+ hours a week #1 Requirement to Earn Money SHARING, ENROLLING & TEACHING OTHERS TO DO THE SAME #2 Requirement to Earn Money Don’t give up even when you wanted to. Don’t! Endurance is key. Amazing things are happening at doTERRA. Everything is accelerating. Your personal development is key. You made a decision to be here today. Use what you learn. “Begin With The End in Mind” • What do you want to achieve with your dōTERRA business in 2012? – What Rank? • Director? Executive? Elite? Premier? Silver? Gold? Platinum? Diamond? Blue Diamond? • What monthly amount of additional income would CHANGE YOUR WORLD? PV = Personal Volume OV = Organization Volume doTERRA requires 100PV minimum monthly to earn commissions and bonuses To maximize compensation opportunity have minimum monthly PV = 150PV Earn via Retail Sales: 1+2+3+4+5 1 • 25% of the “Wholesale” Point Value of what anyone buys from you • On your Website • In person (that you pre-purchase at wholesale) • From an order taken on paper & faxed to dōTERRA • When they call dōTERRA and place an order referencing YOUR IPC number Note: You are not paid any other bonuses or commission on these sales, other than the 25%. Checks for Retail Sales Commission are paid out on the 15th of the following month. Earn via 1 + Preferred Member: • 10-25% of the “Wholesale PV” of what all members buy from you each month, once they sign up: • On your Website • In person (that you pre-purchase at wholesale) • From an order taken on paper & faxed to dōTERRA • When they call dōTERRA and place an order referencing YOUR IPC number 2 +3+4+5 2 Note: Checks for Preferred Member Commission are paid out on the 15th of the following month. Earn via 1 + 2 + Fast Start Bonus: 20% of what an IPC who enrolls with you buys in their first 60 days Note: All commission and bonuses are paid on the Wholesale PV of items purchased 3+4+5 3 Fast Start Bonus (Weekly) To get Fast Start Bonus ◦ You need to be on 100 PV Loyalty Rewards BEFORE you sign someone up. ◦ Paid on the PV (Point Value) not the exact dollar amount NOTE: Starter Kits and Diffuser are less than dollar value PV Fast Start Bonus instead of Unilevel Bonus for first 60 days you enroll someone Checks paid weekly ◦ Includes orders placed through midnight Sunday night POWER OF 3 TEAM BONUS Consistent, monthly income opportunity Earn via 1 + 2 + 3 + Power of 3 Bonus: Additional Monthly Bonus for maintaining sales + Loyalty Rewards levels in your team Note: All commission and bonuses are paid on the Wholesale PV of items purchased 4+5 4 Power of Three Bonus (Monthly) Qualification: ◦ 600 PV between You and your front line to qualify. Good idea to have extra PCs and IPCs here) Minimum: Must have 3, 100150 PV Loyalty Rewards plus your own Loyalty Rewards that go out in a month in order to receive this Note: Make sure you structure 4 (IPCs on Loyalty Rewards )x 4 or 5x5 if you want to make sure you get this bonus each month. ◦ Must be duplicated amongst the rest of your front line, Level 2 team etc to get the maximum bonuses. ◦ Loyalty Rewards is KEY here! POWER OF THREE TEAM $$$ You’ve probably seen this before… $50 Monthly 150 Points Each Average 600 PV between this team 15 POWER OF THREE $250 Monthly 600 PV between each team 16 POWER OF THREE $1500 Monthly 600 PV between each team 17 Take a Look at the BIG Picture 18 The Power of the Loyalty Rewards Program •Free Product! •Completely Optional •Flexible dates •Product of the Month Club-- $125pv before the 15th! •Most people choose to take advantage of it •$100 pv monthly LRP order also qualifies you for commissions What if people only purchase the MINIMUM of 100 PV on their LRP Order? To make $250 bonus, it takes 30 IPCs @ 100PV vs 12 IPCs @150PV on LRP on your Levels 1 & 2 20 WHAT IT TAKES TO EARN POWER OF 3 doTERRA TEAM BONUS If everyone on your team buys 100PV per month you need 155 people to get to $1500 bonus! You 5 25 A 1 B 2 C D E A B 3 C D E A B 4 C D E A B $50 5 C D E A B C D E I I I I I I I I I I I I I I I I I I I I I I I I I II II II II II II II II II II II II II II II II II II II II II II II II II III III III III III III III III III III III III III III III III III III III III III III III III III IV IV IV IV IV IV IV IV IV IV IV IV IV IV IV IV IV IV IV IV IV IV IV IV IV V V V V V V V V V V V V V V V V V V V V V V V V V $250 $1500 If everyone on your team buys 150PV per month you need 39 people to get to $1500 bonus! You 9 27 3 1 A B 2 C A B C A 3 $50 B C I I I I I I I I I II II II II II II II II II III III III III III III III III III Created by Marty Harger #2433 – 801-712-5406 $250 $1500 Think about it . Share this with your team! dōTERRA $1,500 per month POWER OF 3 Bonus Builder Fill in the names of You and YOUR team members! START FILLING IT IN! Created by IPC Marty Harger 801-7125406 Unilevel Commission and Leadership Bonus Pools PAID MONTHLY TO THE LEVEL EARNED Earn via 1 + 2 + 3 + 4 + Unilevel Bonus: Your Residual income f rom dōTERRA Note: All commission and bonuses are paid on the Wholesale Point Value of items purchased 5 5 Unilevel Bonus (Monthly) Designed to encourage you to help others succeed. You are paid on all levels of your team---build deep and wide! Calculated with both “Standard” and “Dynamic Compression” – requires minimum monthly purchase for payout #6 – LEADERSHIP PERFORMANCE POOLS Bonus Pools dōTERRA Compensation Plan Payout October 2012 Rank Silver Gold Platinum Diamond Blue Diamond Presidential Diamond Range Paid Average $228 - $13,000 $1,186 - $16,470 $1,671 - $41,253 $6,266 - $37,385 $21,641 - $99,990 $48,318 - $108,370 $1,447 $3,628 $7,935 $13,975 $45,310 $65,459 What is a “Qualifying Leg”? • A qualifying leg is someone whose Enrollment you hold…you are the Enroller. • You can use ONE Enrollee per LEG to qualify for Rank Advancement. If you are the Enroller and they qualify…you can use them for Rank Advancement..in this case, to GOLD. They do NOT have to only be on your front line. You PREMIER A B 2 C A 3 PREMIER C A B C I I I I I I I I I II II II II II II PREMIER II II III III III III III III III III III Another scenarios … You PREMIER A B 2 C A PREMIER PREMIER C A B C I I I I I I I I I II II II II II II II II II III III III III III III III III III As long as YOU are the Enroller in each of these cases – you can advance! SO KEEP ENROLLING!!! What Do You Want To Achieve? If you become very good at what you do, there is nothing that can stop you from getting paid more and promoted faster. —Dan Kennedy The market pays excellent rewards for excellent performance. It pays average rewards for average performance; and below-average rewards, failure, and frustration for below-average performance. To achieve PREMIER… • Must have 5000PV in OV (Overall Volume) including 2 legs of Executive that you have personally enrolled YOU 2000 OV EXECUTIVE 2000 OV EXECUTIVE Other Volume Other Volume Other Volume Minimum volume of 1000 PV here Another way to achieve PREMIER… • Must have 5000PV in OV (Overall Volume) including 2 legs of Executive that you have personally enrolled YOU 2500+ OV EXECUTIVE 2500+ OV EXECUTIVE Or you could have 2 legs of 2500 each… but remember that you will need 3 legs to advance to Silver To achieve SILVER… • Must have 9000 or more in OV (Overall Volume) including 3 legs of Elite where you personally hold the Enrollment YOU 3000 OV ELITE 3000 OV ELITE 3000 OV ELITE To achieve GOLD… • Must have 15,000 or more in OV (Overall Volume) including 3 legs of Premier where you personally hold the Enrollment YOU 2 3 1 2000 OV EXEC UTIVE 2000 OV EXEC UTIVE 2000 OV EXEC UTIVE Other Other Other Volum Volum Volum e e e 2000 OV EXEC UTIVE Other Other Other Volum Volum Volum e e e 2000 OV EXEC UTIVE 2000 OV EXEC UTIVE Other Other Other Volum Volum Volum e e e To achieve PLATINUM… • Must have 27,000 or more in OV (Overall Volume) including 3 legs of Silver where you personally hold the Enrollment YOU 1 3000 OV ELITE 3000 OV ELITE 2 3000 OV ELITE 3000 OV ELITE 3000 OV ELITE 3 3000 OV ELITE 3000 OV ELITE 3000 OV ELITE 3000 OV ELITE To achieve DIAMOND… • Must have 36,000 or more in OV (Overall Volume) including 4 legs of Silver where you personally hold the Enrollment 1 3000 OV ELIT E 3000 OV ELIT E 2 3000 OV ELIT E 3000 OV ELIT E 3000 OV ELIT E 3 3000 OV ELIT E 3000 OV ELIT E 3000 OV ELIT E 4 3000 OV ELIT E 3000 OV ELIT E 3000 OV ELIT E 3000 OV ELIT E NEXT UP: How to Make $500 Per month by July 1 What are some of your questions? GETTING TO PREMIER I want to make $500 - $1,000 per month with my dōTERRA business by July 1st How do I do that? 42 10 weeks to earn $500 - $1000/month • 2 PRIMARY WAYS TO EARN INCOME • Fast Start Bonus – 20% of PV of those YOU enroll – 10% of PV of those enrolled by you, when they enroll someone – 5% of PV of those who they enroll • Power of 3 Team Bonus – $50 from 600PV with you & your front line – $250 from 600PV with your front line & their from line – $1500 from 600PV from your 3rd line 43 Set a SMART GOAL for yourself • • • • • S = Specific (what? By whom? where?) M = Measureable (how much per month?) A = Attainable (is this realistic?) R = Relevant (does it fit in long term goals?) T = Time-Based (by when?) 44 FAST START BONUS OPPORTUNITY 45 Set a MONTHLY Goal (Fast Start only) When YOU are the only enroller MONTHLY GOAL PV Value 20% What You’d Earn $500 2500 x .20 = $500 Fast Start How many total monthly enrollments create 2500 PV value? Every Oil Kit = 1000 PV Premium Kit = 400 PV 3 Kits Family Physician = 110 PV 23 Kits 7 Kits 1000 x 3 = 110 x 23 = 400 x 7 = 3000PV -OR- 2800PV 2530PV -OR- 46 Now Break it Down to WEEKLY If only YOU enroll…how you’d earn INCOME GOAL PV Value 20% What You’d Earn $125 625 x .20 = $125 Fast Start How many total weekly enrollments create 625 PV value? Every Oil Kit = 1000 PV 1 Kits Premium Kit = 400 PV 2 Kits 6 Kits 1000 x 1 = 1000 PV Family Physician = 110 PV 400 x 2 = 800 -OR- PV 110 x 6 = 660 -OR- PV 47 EXAMPLE: Weekly Income When You GROW BY DUPLICATING with your downline vs doing it all alone WE GAIN WHEN WE HELP OTHERS! INCOME GOALS Fast Start Bonus earned by YOU You 400 PV x .20 Your Level 1’s Your Level 2’s Fast Start from Your Level 1’s (10% of PV) Fast Start from Your Level 2’s (5% of PV) Total Earned $80 600 PV x .10 $60 500 PV x .05 WEEKLY INCOME MONTHLY INCOME x 4 $25 $165 per week! $660 per month! See how you EXCEED your $500 monthly goal with the help of other business builders on your team? 48 What Happens to FAST START if NOBODY new enrolls? NO FAST START BONUS THAT WEEK So now you need to play “catch up” the next week IF you are only relying on the FAST START income. But there are other ways to earn as well!! Let’s talk about POWER OF 3 TEAM BONUS 49 POWER OF 3 TEAM BONUS OPPORTUNITY 50 Ramping Up to $500 and BEYOND! Spend $150 Make $ 900 $1000 1-Month PROFIT = $725! $900 Unilevel - $100 $800 Power of 3 - $50 Spend $150 Make $ 575 $700 Earn $150 FS @5% from Level 2’S $600 Earn $75 FS @5% from Level 2’S Spend $150 Make $300 Earn $200 FS @10% from your Level 1’s efforts (2000PV) Earn $300 FS @10% from your Level 1’s efforts (3000 PV) Earn $100 FS @10% from Level 1’S You earn $300 in Fast Start Bonuses from 1500PV YOUR new Enrollments(20%) You earn $300 in Fast Start Bonuses from 1500PV YOUR new Enrollments (20%) $500 $400 $300 $200 $100 You earn $200 in Fast Start Bonuses from 1000PV new Enrollments (20%) $900 Income! Add YOUR efforts & Fast Start Payout + Fast Start from duplicating your efforts with your Level 1’s and Level 2’s over the next few months. Then add Power of 3 payout and Unilevel Payout…LOOK AT THE RESULTS! 51 Making that $500 - $1000/month • You can do it with FAST START – Combination of YOU enrolling and – Duplicating your effort by those you enrolled • You can do it with POWER OF 3 – Educate as to why 150PV benefits everyone • Health + Product + Financially! (LLV + oils + products) • You can do it with a COMBINATION …and we haven’t even discussed UNILEVEL yet! 52 THE PATH TO SILVER! I want to make $1500 - $3000 per month with my dōTERRA business by July 1st How do I do that if I now make $500? Explained assuming you have a team underway 53 Are You Walking Your Talk? • Do you spend 150PV a month? – Do you ask your front line leaders to do the same? • Do you enroll new people regularly? – Do you ask your front line leaders to do the same? • Are YOUR monthly efforts focused on duplication LEARN…..BUILD….LEAD? • Have you helped your TEAM to see the vision of what they can create by setting goals specifically for them…and are you helping THEM to achieve it during this same timeframe? • Are you the leader YOU would like to follow? 54 10 weeks to earn $1500-$3000/month • 4 WAYS TO EARN INCOME---Where do you want to focus? • Often requires some upfront investment …what % of your business income are YOU reinvesting to create greater momentum & wealth? • Fast Start Bonus – 20% of PV of those YOU enroll—KEEP ENROLLING!!! – 10% of PV of those enrolled by you, when they enroll someone – 5% of PV of those who they enroll • Power of 3 Team Bonus – $250 or $1500 ---focus on transitioning users to LRP? Add new people on LRP? Incentives you create? • Unilevel Bonus – – – Mirrors your Power of 3 typically VOLUME of sales drives increase---incentives dōTERRA offers & YOU create Knowledge of products drives usage….how are you helping to educate your team on oils? • Leadership Performance Pool – Current payout = Silver = $150/ Gold = $750 55 Set a SMART GOAL for yourself • • • • • S = Specific (what? By whom? where?) M = Measureable (how much per month?) A = Attainable (is this realistic?) R = Relevant (does it fit in long term goals?) T = Time-Based (by when?) 56 MONTHLY Goal (Fast Start only) MONTHLY GOAL PV Value 20% What You’d Earn $500 1150 x .20 = $225 from YOU 1500 x .10 = $150 from Level 1 2500 x .05 = $125 from Level 2 ASSUMES YOU & YOUR FIRST 2 LEVELS ARE ACTIVELY ENROLLING EACH MONTH 57 POWER OF 3 TEAM BONUS Track it, Post it, FILL IT IN! As YOU enroll – you control placement so you can place new IPCs where you need them to build your Power of 3. dōTERRA $1,500 per month POWER OF 3 Bonus Builder 58 10 Weeks to $1500 & WAY BEYOND! $1200 Unilevel Silver- $150 $2000 $750 income $300 Unilevel THIS IS THE MOST IMPORTANT GOAL….why? Consistent buying = consistent income for ALL! $250 Unilevel $250 Power of 3 $1500 Power of 3 $250 Power of 3 $500 Fast Start $500 Fast Start $1500 $1000 $1150 income $500 $250 Fast Start Bonus $3350 income This is all tied to your efforts to: ENROLL DUPLICATE Within your team. What would happen if EVERY ONE of your leaders had a big goal for the next 90 days and you connected with them daily to reach it? IS IT POSSIBLE? YES!!! 59 YOU CAN DO IT!!! I believe in you! All your upline partners believe in you! dōTERRA believes in you! Do you believe? 60 Prize Drawing! Chosen from today’s attendees! Drum roll please! Question & Answer Time What are some of your questions? A recording of tonight’s webinar will be posted on our team business builders website www.essentialoilbusiness.biz