Transcript Compensation-Plan-Ro..

Understanding the Compensation Plan and
How to Advance Ranks
With
Rod Alan Richardson
Rod Alan Richardson
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Entrepreneur
Consultant to hundreds of emerging businesses
Creator of the Entrepreneurial Success System
Instructor at CEO Space Free Enterprise Forum
Adjunct Faculty Member of WWCC Business
Development Department
 Co-Founder of Ri Training
 Author of The Art of Lifting Others
 DoTERRA Gold IPC
The Power of a Residual Income!
Who would like to have $40,000 in savings earning 7% interest?
A $50 Residual Income is equal to
$8,000 in a Bank Account Earning at 7% Interest
A $250 Residual Income is equal to
$40,000 in a Bank Account Earning at 7% Interest
A $1,500 Residual Income is equal to
$240,000 in a Bank Account Earning at 7% Interest
The Single Most Important Factor in
Creating a Residual Income
RETENTION RATE!
doTERRA has a 64% Retention Rate
Six Ways to Earn from doTERRA!
Purchase Reward Credits
Retail Sales
Fast Start Bonus
Power of 3 Bonus
Unilevel Primary Commission
Leadership Bonus Pool
dōTERRA Reward
Credits
Key Points of Reward Credits
Must be enrolled as Preferred Customer or IPC
Must maintain a minimum of 50 Points
in purchases to Redeem
Complete Control Over What Products
You Order and the Date it Ships
Can Cancel at Anytime by Calling Member Services
(Reward Credits will be Lost)
Understanding the Difference
Between Enroller and Sponsor
Enroller = is the owner and
has control of the IPC and is
paid the Fast Start Bonuses
Sponsor = the placement of
the IPC; Unilevel is paid up
through the sponsors
What is PV and OV?
PV = Personal Volume, or the value
of your personal purchases. It is a
point system that helps the
company manage foreign exchange
rates and profit margins
OV = Overall Volume and represents
the cumulative personal purchases
of your entire team.
Retail Profit
• Earn 25% on Retail
Purchases
• Paid Monthly
• Commission Paid on
Purchases from Your Website
• Autoship is not required
Example Retail Profit
If Sally purchased a Family Physician Kit from your
website for $166.67, you would earn $33.33
Fast Start Bonus
• Now Money Now!
• Paid Weekly
• Paid to Enrollers not Sponsors
• Qualifying Autoship of 100pv
minimum required to receive
bonus
Example of Fast Start Bonus
If Sally decided to become an IPC and she purchased a Diamond
Enrollment kit for $2,125, her purchase is worth 2,000 pv.
• You would earn $400.
• The person who enrolled you would earn $200
• And their enroller would earn $100
Power of 3 Bonus
You find 3 other that want purchase products wholesale
through doTERRA’s Autoship Rewards Program.
You earn $50 as long as this structure is in place and
you and your team have 600 pv
Help your three find their three and you earn
$250 as long as this structure is in place
When you’ve completed three levels of three
You earn $1,500 per month
© 2008 dōTERRA Holdings, LLC, Unauthorized duplication prohibited
Unilevel Primary Commission
© 2008 dōTERRA Holdings, LLC, Unauthorized duplication prohibited
The First Important Ranks
Elite =
3,000 OV
Premier =
5,000 OV
The First Recognized Leadership Rank
Momentum Rank
Significant Jump and Positioned for Diamond
First Diamond Rank
Leadership Performance Pool
1% of Entire Company Volume
For Example: If the Company Makes $1 Million Dollars, the
Leadership Performance Pool would be $10,000
All Silvers Split 1 Share
$1,000
All Golds Split 3 Shares
$3,000
All Platinums Split 6 Shares
$6,000
One Additional Share is Earned for Every Personally Enrolled Elite on Your Team
© 2008 dōTERRA Holdings, LLC, Unauthorized duplication prohibited
Diamond Performance Pool
1% of Entire Company Volume
For Example: If the Company Makes $1 Million Dollars, the
Diamond Performance Pool would be $10,000
All Diamonds Split 1 Share
$1,667
All Blue Diamonds Split 2 Shares
$3,333
All Presidential Diamonds Split 3 Shares
$5,000
One Additional Share is Earned for Every Personally Enrolled Premier on Your Team
© 2008 dōTERRA Holdings, LLC, Unauthorized duplication prohibited