If you are on a search to make money from the comfort of your home, expect your quest to be a relatively short one. Finding ways to earn your dough at home is now made easy by the Internet, which, as we all know, is full of opportunities to make money wherever you can connect to the World Wide Web. One of these opportunities is being offered by the multilevel marketing company doTERRA. My doTERRA friends have introduced me to this opportunity, and you may likewise have been tempted with the chance to join into this MLM network as well. Chances are that you are probably on the fence regarding this new money making opportunity, and would like to learn more about it before hopping on the bandwagon, as any wise prospector would. In any case, we will be reviewing this MLM company and let you know whether or not this is a great business opportunity that is worth investing your resources in.
What Is doTERRA?
doTERRA is a multilevel marketing company that sells essential oils and related products. It was founded in 2008 by entrepreneur David Stirling and a team composed of former distributors, employees, and executives of the MLM companies Young Living and Nuskin. The company is now based in Pleasant Grove, UT, with Stirling on the helm as its CEO. At present, doTERRA boasts a workforce of 450 corporate employees—350 in Utah and 100 in their international offices in Australia, Europe, Japan, and Taiwan—and over 3 million distributors that the company calls “Wellness Advocates,” most of which are based in the United States.
doTERRA sells a variety of essential oils and products based on these oils. Essential oils are basically the volatile, aromatic compounds found in different parts of plants. The company sells these oils pure and single or in proprietary complex blends, many of which are used in a variety of health and wellness applications. The oils can be ingested, inhaled, or applied on various parts of the skin.
Is doTERRA a Legitimate Money Making Opportunity?
Multilevel marketing or MLM is a popular business model for entrepreneurs who want to grow their business and their wallets really fast. This business model not only benefits the business owner directly, but also opens up a lot of opportunities to people who are looking to make big money themselves.
Unfortunately, MLM businesses operate in a very similar way to pyramid scams and sometimes, Ponzi schemes that are designed to rip you off of your money. My doTERRA distributor friends, naturally, do not find themselves immune to the prejudice bought about by this confusion. At this point, you may be asking: Is my doTERRA business nothing more than an elaborate scam?
The thing about Ponzi schemes and pyramid scams is that they only generate money from the payments made by the business’ inventors. There is no other way for the network to generate money, so individual members will have to invite as many people as possible to try out the opportunity. As such, it will not take long for the pyramid business to just collapse on its weight as soon as the investments stop coming in.
doTERRA is different, however. The company does have products to sell, and as such, has a tangible source of revenue. Now whether or not these products work and are worth investing in is an entirely different story for a different day, but as to whether or not the company is a legitimate money making opportunity, the answer is a big, bold “yes.”
Now that the issue of doTERRA’s legitimacy is out of the way, let us proceed with all things good and bad about the money making opportunity the company offers.
The compensation plan is fair and thorough. You get to earn 25% in commission for every retail sale, which is already pretty big considering how much the company’s essential oils cost. You can multiply your earnings by building your downline and keeping your team and the teams below them active. Furthermore, you can also receive a weekly bonus based on your loyalty points. Here’s a far more detailed review of doTERRA’s compensation plan: http://bit.ly/2yuIKvP
Joining is easy. You only need to enroll as a Wellness Advocate in the doTERRA site, fill in a registration form, and purchase a $35 starter kit. The starter kit will include your initial batch of products, as well as marketing goodies.
The starter kit includes a back office and an online shop, allowing you to sell doTERRA products online. You don’t need to be a stereotypical MLM distributor in this regard, as you can easily focus all of your operations from the comfort of your home.
Unlike in other MLM companies, owning my doTERRA back office and online shop did not incur me any monthly fees.
Joining requires a $35 basic starter kit. This is not exactly a huge amount, but if you are strapped with cash and would like to try out this business opportunity, this may be a big risk. The products are expensive. This will make it hard for you to find a huge market for it, and will likely force you to learn some sleazy marketing skills.
You are required to remain an “active” distributor, and that would mean buying up to $100 worth of doTERRA products every month. This can basically add up to a $1,200 annual fee that can easily eat a big chunk off of your yearly profits, on top of having more than the necessary amount of products in stock than you could possibly keep.
doTERRA is a great multilevel marketing company to work with, especially if you are looking to make money at home. The free online shop and back office is really helpful in this regard. However, it is also worth noting that you will have to learn to make big sales every month if you are looking to remain as a doTERRA Wellness Advocate, and not lose more money than what you are earning.
We’re hoping that you found my doTERRA review useful. If that is the case, you should also check out our top rated offers at http://simplyworkathome.com/recommended
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