Customer Retention and The Power of doTERRA Wellness Consults
Customer Retention Strategies
Importance of Customer Retention
- Emphasizes the significance of customer retention in generating recurring income, stating that acquiring new customers without their return leads to starting from zero each month.
- Highlights the goal of creating a loyal customer base that reorders products consistently and shares positive experiences with others.
Key Tips for Enhancing Customer Retention
- Stresses the need for personal connections with customers through one-on-one interactions, such as Wellness consultations, to foster loyalty.
- Discusses the role of community in retention, suggesting that customers feel more connected when they are part of groups (e.g., WhatsApp or Facebook).
Continuing Education and Product Exposure
- Advocates for ongoing education about new product lines to keep customers engaged and encourage them to try additional products beyond their initial purchases.
- Suggests introducing consumable products early on during initial classes to ensure customers have options for regular purchases.
Utilizing Wellness Consultations
- Describes the Wellness consult as a powerful tool for retention, helping customers understand how to use their purchased products effectively.
- Encourages hosting classes where customers can share their experiences, which strengthens community bonds and provides opportunities for earning commissions.
Scheduling and Conducting Wellness Consultations
- Recommends scheduling a Wellness consult immediately after purchase to reinforce product value and establish a personalized plan for health transformation.
- Notes that many customers can offset costs by referring others, making their wellness products effectively free through commissions earned from sharing.
Objectives During Wellness Consultations
- Outlines objectives during consultations: congratulating customers on their investment in health and reinforcing the emotional justification behind their purchase decisions.
- Mentions how dōTERRA's diverse product offerings can support various aspects of health including nutrition, stress management, and proactive medical care.
Wellness Consult Overview
Introduction to Product Integration
- The guide discusses how various products can be integrated into different aspects of health and wellness, emphasizing a brief overview of available nutritional products.
- Highlights include products that support movement, metabolism, rest, stress management, and detoxification through cleaner alternatives in the home.
Wellness Plan Importance
- The Wellness Plan is identified as a crucial component of the wellness consult; it focuses on understanding family health goals and priorities.
- Participants are encouraged to articulate at least three major health priorities for themselves and their families to tailor solutions effectively.
Creating a Personalized Routine
- Emphasizes the importance of establishing recurring purchases rather than one-time sales; effective product integration transforms lives when incorporated into daily routines.
- Suggests creating a structured daily routine (morning, afternoon, evening) using specific products like VMG for core nutrition and essential oils for digestive support.
Accountability in Health Journey
- Advocates for becoming an accountability partner beyond product sales; encourages discussions about lifestyle changes such as hydration, sleep improvement, and exercise consistency.
Loyalty Rewards Program Insights
- Introduces the functionality of planning first three months' orders within the system based on set health goals.
- Explains the benefits of the Loyalty Rewards program which offers discounts and product credits over time; emphasizes consistent ordering habits over large one-time purchases.
Loyalty Program Benefits and Business Opportunities
Overview of the Loyalty Program
- The loyalty program offers significant savings, starting at 10% and potentially reaching up to 55% with additional discounts and rewards.
- Recently, $300 worth of free products were redeemed, showcasing the program's value in acquiring essential oils and household items like laundry detergent.
Requirements for Participation
- To maintain eligibility for rewards, customers must order a minimum of 1 PV (approximately $1) monthly; ordering at least 50 PV is recommended to progress in the loyalty tier.
- Ordering 100 PV per month qualifies participants for commissions on product sales and provides free shipping.
Additional Incentives
- Customers who spend 125 PV before the 15th of each month receive an extra free product as part of the loyalty program.
- Occasionally, promotions offer additional free products for orders over 200 PV, enhancing overall savings.
Engaging New Customers
- After discussing product benefits, it's important to gauge interest in sharing products or hosting classes to build a business around them.
- Providing guides for hosting classes can help new customers engage more deeply with the brand and its community.
Emotional and Financial Revenue
- The speaker emphasizes both emotional satisfaction from customer testimonials about product effectiveness and financial opportunities available through building a business with doTERRA.
- Passionate sharing of products can lead to finding potential builders within the community who are interested in expanding their own businesses.
Building a Strong Team
- It's crucial to discuss business opportunities with customers early on; asking if they are open to exploring this can lead to team growth.
- A strong belief in the products will naturally lead individuals to share business opportunities passionately, which is essential for reaching wider audiences.
Action Steps Moving Forward
- Participants are encouraged to conduct their first four classes and follow up individually with attendees through wellness consultations.
- By focusing on customer acquisition, retention, and teaching others these processes, individuals can significantly grow their businesses within doTERRA.
Company Strengths and Future Outlook
Key Insights on Company Offerings
- The speaker emphasizes that there is no other company with better products than theirs, highlighting a strong competitive edge in product quality.
- The ownership and founding team of the company are presented as superior, suggesting a robust leadership structure that drives success.
- A solid rewards program is mentioned, which contributes significantly to customer retention and satisfaction, indicating effective customer loyalty strategies.
- The speaker expresses excitement for the future of the company, encouraging action and progress among team members.
- A call to keep updated on individual progress reflects a culture of support and communication within the organization.