doTERRA Business Lingo / Language Abbreviations

Have you ever asked yourself, "What is an LRP?" If you have, you're not alone. Including acronyms and commonly confused terms, we have put together a handy list to help make the lingo more clear.

AS: Auto-Ship. Auto-Ship is another term for your monthly Loyalty Rewards Order. You can set your LRP to automatically ship to you on a designated day each month.

IO: Internet Order. An order placed by a Preferred Member or Wellness Advocate through their Virtual Office.

OV: Organizational Volume. OV is your team’s overall volume. This becomes important to know as you try to qualify for bonuses and rank advancements. It is your volume plus the volume of your entire downline.

LRP: Loyalty Rewards Program. This program provides free product credits for monthly purchases ordered on the program. When you participate, you will earn product credits that can be used as cash to purchase doTERRA products. The longer you participate in the LRP, the more credits you can earn–up to 30 percent of your total monthly Loyalty Rewards purchases.

POM: Product of the Month. The Product of the Month is a special monthly promotion given to those who have an LRP order of at least 125 PV.

Po3: Power of 3 Bonus. The Power of 3 is part of the doTERRA compensation plan. It is a system of bonuses designed to help you build your structure and prepare you to qualify for future ranks. Paid monthly, you can receive bonuses of $50, $250, or $1500. Each bonus is paid based on your structure and the amount of team volume.

PV: Personal Volume. PV is assigned to each product and is a separate total from the dollar amount on your orders. On many products the PV will match the wholesale value. There are a few products that the PV may be less than the cost (e.g. the Family Physician Kit). Shipping costs and tax do not count as PV, so the dollar amount of our order will generally be more than the PV amount.

SRP: Shipping Rewards Points. This program helps consultants earn free product credits that can be used toward purchasing orders. There are three different ways to earn points: 1. Place an online order to earn 50 percent of shipping cost in SRP points. 2. Place an LRP order through Member Services to also earn 50 percent. 3. Place an LRP order online to earn 100 percent of the shipping back in SRP points.