Understanding Young Living
Before diving into the various ways to make money with Young Living, it’s essential to have a clear understanding of what the company is all about. Young Living is a multi-level marketing company that specializes in essential oils and related products. Founded in 1993, the company has grown to become a leader in the essential oil industry, offering a wide range of products that cater to health, wellness, and personal care.
Joining Young Living
One of the primary ways to make money with Young Living is by becoming a member. There are two types of memberships: Retail and Premium. As a Retail Member, you can purchase products at a discounted rate but cannot earn commissions or bonuses. On the other hand, as a Premium Member, you have the opportunity to earn commissions, bonuses, and other rewards by selling Young Living products to others.
Becoming a Distributor
Once you’ve become a Premium Member, you can choose to become a Young Living Distributor. This allows you to purchase products at an even lower price and earn commissions on your sales. To become a Distributor, you need to purchase a Starter Kit, which includes essential oils, a diffuser, and other products to help you get started.
Building Your Business
Building a successful Young Living business requires dedication, hard work, and a solid understanding of the products. Here are some strategies to help you get started:
-
Learn about the products: Familiarize yourself with the benefits and uses of Young Living’s essential oils and other products. This will help you effectively communicate the value of these products to potential customers.
-
Network: Attend local events, join online communities, and connect with others who are interested in essential oils and wellness. Building a strong network can help you find customers and build your business.
-
Host parties: Hosting parties is a great way to introduce people to Young Living products. You can offer samples, provide educational materials, and share your own experiences with the products.
-
Utilize social media: Social media platforms like Facebook, Instagram, and Pinterest can be powerful tools for promoting your business. Share your experiences, offer tips, and engage with your audience.
Earning Commissions
As a Young Living Distributor, you can earn commissions on your personal sales and the sales of your downline (people you’ve recruited into the business). Here’s a breakdown of the different types of commissions you can earn:
Commission Type | Description |
---|---|
Personal Volume (PV) | Commissions earned on your personal sales volume. |
Downline Volume (DV) | Commissions earned on the sales volume of your downline. |
Team Bonus | Commissions earned based on the overall sales volume of your team. |
Leadership Bonus | Commissions earned based on your team’s performance and the performance of your upline leaders. |
Additional Income Opportunities
In addition to commissions, there are several other ways to make money with Young Living:
-
Reseller Program: As a Reseller, you can purchase products at a discounted rate and sell them to retailers or online.
-
Wholesale Program: As a Wholesale Member, you can purchase products at an even lower price and sell them to other Distributors.
-
Essential Rewards Program: This program allows you to earn points on your purchases, which can be redeemed for free products.
Conclusion
Making money with Young Living requires dedication and a willingness to learn and grow. By understanding the company, building a strong network, and utilizing the various income opportunities available, you can create a successful business and enjoy the benefits of essential oils and wellness.