Work From Home with Young Living

Young Living Income

Work From Home with Young Living

Income Statement

How much do people earn with Young Living? Many people who have never heard of Young Living in Australia are interested in how I actually earn money, and what kind of money can be earned with Young Living, including my family members! I used to be asking myself the same question, before I started in this little hobby of mine.

Please note, this post is in Australian Dollars. For full disclosure, individual results will vary (of course!). Income listed is a monthly income statement from a complete novice. These financial details are correct as of July 2020. 

As I am just starting out, with all these questions myself, I thought I would speak to a few of the income related questions you may have. I am a complete beginner, and with alot of confusion over Young Living terminology, I wanted to break it down to make it clear to understand! Especially how much a beginner can earn with this business.

This month, I made over $1000, and I'm pretty happy with that. Not bad for a small side business. Check it out:

Income Statement

Here are the ways you earn with a Young Living business. What ends up happening is the individual sections below add up together to create your income:

Retail Sales

 $900
This is the easiest way to earn with Young Living without too much experience. This month, I made $900 in retail sales. This simply comes from the 24% commission on every product I sell. I sold over $3100 worth. This is great for me considering it is passive income that doesn't require too much time from me. Whether you sell at a local market, or with a shopping centre stall, this is easy enough for even a beginner to achieve over a relatively short amount of time.

This months best seller: Ningxia Red Goji Berry Juice!

Bonuses

 $168
For every one who purchases a premium starter collection from you, you receive cash bonuses. This is made up of little starter "bonuses," but they can add up. This month, with signing up just one new member with the purchase of a premium starter collection, I earned $168.

Aria Diffuser Premium Starter Collection

Commissions

 ON GOING COMMISSION $0
When you join Young Living, you are paid additional commissions in cash when you "sign up" other people as members. This is the core idea of the business, forming ongoing residual income. For starting off, all you need to know is that, for the first five people you sign up, you receive these great commissions.

1.  25% commission on anything they purchase for the first three months of their membership.

2.  This drops back to an ongoing commission of 8% on everything they purchase while they're a member.

As I am a new member, and only have had one person "signed up" before this month, this is not really part of my business, yet! It's nice however to get residual income at random times that you didn't need to do any extra work for. I have earned commissions this way recently- just not this month.

This is the "endless potential" of a network marketing business. Your income builds as you add more members, and you receive ongoing commissions. 

The key take away from ongoing commissions is this: You can't really earn these ongoing commissions without placing a minimum monthly order a month (either your purchases or in retail sales). This leads us to the next point.

Free Products

 $42.80
To get the best out of your Young Living business, you really want to sign up for the Essential Rewards Program when you sign up as a member. It requires a financial commitment, ($200 a month) but then, you can use these products to on-sell.

This program gives you GENEROUS points to free products, which you can then use in your business as well. I use these every month to purchase more products to sell. This program helps you qualify for your commissions with this ongoing commitment as well.

To a beginner, it can seem a bit of a big commitment to spend $200 a month. What you soon realise is that you can get so many wonderful products for business stock, for a retail customer, or for yourself and your family, that $200 a month in purchases is actually not that hard to do. This is especially true when selling regularly, such as in a market stall or through your social media following.

Natural Home Collection

Your Business

Want to know more? You can find more information on the Your Business page. I also recommend you see the key information at the bottom of the "Your Business" page, namely the income disclosure statement, and compensation plan. Feel free to contact us with any questions you may have about where to begin. The easiest way to begin is with the purchase of a starter collection.


Have you been trying a new side hustle? Have you thought about it? Let us know in the comments below.