Leads to global advances in science and philanthropy.
With a passion for preserving nature and empowering people at the root of Young Living, the Youngs pushed the envelope of science and sustainability to create a vehicle for their dream. Their advances in the development and production of essential oils inspired their brand vision, mission and purpose. These ideals fueled a breadth and depth of global philanthropy that truly brings D. Gary and Mary Young’s purpose for Young Living full circle.
“From science to philanthropy, everything we do presents an opportunity to lead, love and collaborate on issues that affect our communities and the world we live in,” said Young. “Young Living encourages other businesses to use their unique positions to affect positive change in product and social sustainability as well. We know that collectively, we can be the change we want to see in the world.”
Read the complete article (in ENGLISH) HERE!
Over the past week, Corporate had a lot of calls/lives with Brand Partners. During these calls, the future of the Savvy Minerals line was discussed.
Young Living will be sunsetting the Savvy Minerals line. This was an amazing product line, but the numbers over the past few years have shown that we have used this line as personal use, but have never been able to effectively leverage it to help us build our businesses. They have decided to focus on products that help us grow moving forward. It’s time to focus on what we do BEST at … which is essential oils + the wellness space we excel in.
Young Living uses inventory optimization to improve our offerings.
What is inventory optimization? It’s when we take a deep dive into our extensive product portfolio and analyze our product offerings. As we do so, we pay special attention to market saturation and declining sales. From there, we create strategic plans to address products that are either redundant or simply aren’t performing well.
How does optimizing our inventory help Brand Partners like you? During our analysis, we discovered that 17 percent of our products generate 95 percent of our organization group volume (OGV). A more streamlined selection of products will allow us to focus on the products and technology that account for the bulk of your sales. This tighter focus will free us to create a stronger brand identity, improve our sustainability, enhance product stories through consolidated production and marketing efforts, and lead to fewer out-of-stock products and fewer stock-keeping units (SKUs) to maintain.
After carefully evaluating our products using this process, we’ve decided to bid a fond farewell to our complete Savvy Minerals lineup. Our analysis revealed that while our customers love us as an essential oils company, they prefer to purchase cosmetics from traditional retailers. We discovered that Savvy has averaged less than 1.5 percent of OGV in the past four years.
As we say goodbye to Savvy Minerals, here is what you can expect to happen:
· Savvy products will remain available while supplies last.
· Any Savvy products currently listed as out of stock will not be restocked.
· We anticipate that we will sell through our inventory of Savvy products by summer 2023.
· We’ll be sending a targeted message to all Brand Partners with Savvy products on their Loyalty Rewards and Essential Rewards orders.
Optimizing inventory will support your Young Living business stability as we focus on the products that matter most to you and your teams.
We were so lucky to have this line and in turn learn so much more about clean beauty along the way.
Sunsetting with love …
Please Read This Important Note On Wintergreen
We regret to inform you that from this month, Wintergreen essential oil and certain other Young Living cosmetic products containing Wintergreen essential oil, will be phased out and no longer available for purchase due to a change in Regulation (EC) No 1223/2009 of the European Parliament on cosmetic products.
Following a regulation change, cosmetic products may contain only a very small amount of methyl salicylate, a significant compound of Wintergreen. The allowable amount varies per product type, and only cosmetics are affected.
As a result, Young Living cosmetic products containing Wintergreen essential oil will be reformulated. We are also in the process of identifying a replacement oil for collections that currently contain Wintergreen so our brand partners and customers can continue enjoying their favourite products.
We apologise for any inconvenience, however we remain committed to meeting and exceeding regulatory requirements in every market in which we operate to bring you the highest-quality essential oil and essential oil-infused products anywhere.
Young Living recently got a mention from Academy Award-winning actress Hilary Swank!
During an interview with People magazine, Swank said that she diffuses Young Living’s Peace & Calming blend as part of her self-care.
We’re so excited that someone as talented and well known as Hilary Swank is introducing Young Living to the many people within her influence.
You can read the entire article below.
Read the article HERE
DOT.magazine is an important film, music and lifestyle magazine from Austria published 8 times a year. The magazine is also available in all Austrian cinemas. For example, think of the PreView in Dutch cinemas.
Check the article online: HERE (on page 18).