{"id":11865,"date":"2016-02-02T14:19:02","date_gmt":"2016-02-02T19:19:02","guid":{"rendered":"http:\/\/essentialoilsage.com\/?p=11865"},"modified":"2016-02-02T15:12:50","modified_gmt":"2016-02-02T20:12:50","slug":"young-living-exceeds-1-billion-in-annual-sales-for-2015","status":"publish","type":"post","link":"https:\/\/essentialoilsage.com\/?p=11865","title":{"rendered":"Young Living Exceeds $1 Billion In Annual Sales For 2015"},"content":{"rendered":"

\"Young<\/span><\/p>\n

EssentialOilSage Note:<\/strong> This news seems to\u00a0put Young Living in the Top 20 MLM companies according to\u00a0sales volume based upon the DSN’s Top 100 for 2015<\/a>.<\/p>\n

Why is\u00a0Young Living not on the list? Not sure. Here’s some speculation…<\/p>\n

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  1. This list is based upon 2014 numbers. Young Living was not in the Billion Dollar Club until 2015. But still, its sales were certainly more than most of the companies on that list.<\/li>\n
  2. Young Living only became a member of the much respected Direct Sellers Association (DSA) in 2015. But I’m certain that many on the list aren’t DSA members.<\/li>\n
  3. Perhaps many of the companies are public, i.e., shares are bought and sold on the stock market. Thus, sales figures are a matter of public record anyway. Young Living is privately-owned\u00a0by Gary Young so there is no requirement for public reporting of sales figures.Related note:<\/strong> Gary Young was approached about taking the company public some years ago. But bean counters considered the farms a burden and encouraged them to be sold off so Young Living could become a pure marketing play. Gary refused. He understood that concern for quality would take a back seat. Consider the implications for\u00a0the publicly traded companies on that list.<\/li>\n
  4. The text introducing the list says, “We thank all the companies that willingly participated in our survey…” Perhaps Young Living simply chose not to\u00a0participate in the survey. And since it is a private company, DSN researchers had no access to public data to help them reach a reasonable figure.<\/li>\n<\/ol>\n
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    \nLEHI, Utah<\/span>, Feb. 2, 2016<\/span> \/PRNewswire\/ —\u00a0    Young Living Essential Oils, LC<\/a>, is now one step closer to realizing its vision of bringing essential oils to every home, announcing today that 2015 sales surpassed $1 billion<\/span>. This significant milestone reflects the passion of its millions of members, unmatched product innovation, and the leadership of CEO Mary Young<\/span> and founder and essential oil pioneer D. Gary Young<\/span>.<\/p>\n

    “We celebrate this milestone with sincere gratitude to our dedicated members, who work tirelessly to bring the purpose-driven benefits of Young Living<\/span> to people around the world,” says Travis Ogden<\/span>, Chief Operating Officer. “We truly believe Young Living<\/span> offers unmatched opportunities to make a real difference in the lives of millions.”<\/p>\n

    The explosive growth in recent years reflects the increasing acceptance of essential oils, pioneered by Young Living<\/span>, under the leadership of D. Gary Young<\/span>, 23 years ago. This continued momentum has allowed Young Living<\/span> to expand its global presence, including:<\/p>\n