KEY FACTS ABOUT LONGRICH PDF

keyfacts about longrich

KEY FACTS ABOUT LONGRICH
1) A multinational company that produces for other multinationals.
2) Has been in operation since 1986
3) Longrich is the largest manufacturing company in the whole of Asia
4) Owns 8 research institutes across the globe: China, France, USA and Japan
5) Quality, unique, affordable and highly effective products mostly daily consumables
6) Offers generous compensation plan that leads to financial freedom.
7) Enables you earn weekly bonuses according to team activity.
8) No pressure, no monthly sales targets.
9) We are expected to have only 3 downlines (first Generation)
10) Two groups can achieve Financial freedom
11) Earn bonuses on all generations
12) Aims to raise global entrepreneurs
7 WAYS TO EARN IN LONGRICH
1) Performance Bonus
2) Development Bonus
3) Leadership Bonus
4) Repeat/ Retail order Bonus
5) Platinium VIP Incentive
6) Worldwide Incentive
7) Star Director incentive
1) PERFORMANCE BONUS
This is earned weekly from bonus leg’s PV for the week. Percentage ranges from 8% to 12% based on entry
level.
Weekly bonus ceiling for VIP is $22,500 per leg. See table below:
ENTRY LEVEL PERFORMANCE BONUS WEEKLY BONUS CEILING
Platinium/VIP 12% $22,500.00 per leg
Gold 10% $7,500.00 per leg
Silver 8% $1,500.00 per leg
See bonus calculation below:
Perfomance Bonus Calculation using a VIP %
The figures in the circles indicate the cumulative team PV
(point value) per leg for the week under review. PVs
accumulate from purchases or sign ups.
A B C Performance bonus is paid from the 2 legs with lower
cumulative PV (bonus legs), the other leg is called your
qualifying leg. In this case, Leg A and C for this week are
your bonus legs. Bonus legs can change depending on
activity.
Perfomance Bonus = (2000+2500) * 12%
=4,500*0.12 = $540
Longrich exchange rate for Nigeria is N200 /dollar
Therefore performance bonus for this distributor for the
week in review is 540 * 200 = N108,000
Note for a silver member, the PV is multiplied by 8%
and for Gold it is 10%
NB: You can also earn on 1 leg provided is your bonus leg.(leg with lower accumulated group PV)
2) Development Bonus:
This is paid 10% flat for everyone on 2 of the highest developed PV legs per level per leg. This is also paid weekly.
Let’s calculate Development bonus
(DB) using the example in the
diagram:
DB is paid per level per leg as above, for this
member he has activities on 3 levels of his team
in this week under his 3 legs.
DB therefore is:
For Level 1: Highest PV legs for the
week is 1680, 720, 240. Longrich keeps
the biggest that is 1680 (circled in bold)
and pays you on the other two:
DB = (720+240) * 10% = 960*0.1= $96
For Level 2
DB = (720+720) * 10% = 1440*0.1=
$144
For Level 3
DB = (1680+1680) * 10% = 3360*0.1= $336
Total Development Bonus for this week = $96 +$144 + $336 = $576.
We multiply by N200 our bonus exchange rate and we have 576* 200 = N115,200
YOU
2000 3000 2500
The above DB will be paid to the member together with his performance bonus, leadership bonus etc for the
week. Remember this is team work so grow along with your team and be sure to earn bigger DB weekly.
3) Leadership Bonus (maximum of 45% weekly)
Leadership bonus entitles you to earn a percentage of your downlines’ earnings up to 12 generations based on
sponsor tree and ranking.
Rank
Generation
Total
Minimum
GPV
per rank
Requirement
Bonus
group
New
1 2 3 4 5 6 7 8 9 10 11 12 PV/week
D1
10
% 10% 720 N/A N/A
D2
10
%
5
% 15% 1680 N/A N/A
D3
10
%
5
%
5
% 20% 3600 2 D2, on 2 legs N/A
D4
10
%
5
%
5
%
5
% 25% 15000 2 D3, on 2 legs N/A
D5
10
%
5
%
5
%
5
%
5
% 30% 75000 2 D4, on 2 legs N/A
D6
10
%
5
%
5
%
5
%
5
%
5
% 35% 225000 2 D5, on 2 legs 250pv
D7
10
%
5
%
5
%
5
%
5
%
5
%
5
% 40% 450000 3 D5, on 3 legs 750pv
1 SD
10
%
5
%
5
%
5
%
5
%
5
%
5
%
1
% 41% 1,500,000 3 D6, on 3 legs 1250pv
2 SD
10
%
5
%
5
%
5
%
5
%
5
%
5
%
1
%
1
% 42% 3,720,000 3 D7, on 3 legs 2250pv
3 SD
10
%
5
%
5
%
5
%
5
%
5
%
5
%
1
%
1
%
1
% 43% 9,000,000 3 SD1, on 3 legs 5000pv
4 SD
10
%
5
%
5
%
5
%
5
%
5
%
5
%
1
%
1
%
1
%
1
% 44%
20,000,00
0 3 SD2, on 2 legs 10,000pv
5 SD
10
%
5
%
5
%
5
%
5
%
5
%
5
%
1
%
1
%
1
%
1
%
1
% 45%
60,000,00
0 3 SD3, on 2 legs 20,000pv
NOTE: From D3 and above you must do your 30pv retail order per cycle to earn your leadership bonus. You
can use money from your back office to make this order or physical cash. This doesn’t stop other bonuses.
4) Repeat /Maintenance Order Bonus
You earn $1.35 i.e 4.5% on every 30pv done by you or your downlines. So if 100 people in your team do 30
pv you will earn $1.35 * 100 = $135 * N200 = N27,000
4b) Retail Order Bonus
Paid weekly for retail orders above 30pv bought buy you or your downlines. It is a percentage of total PVs
that exceeds 30 pv.
S/N PV Above 30 Pv % Bonus
1 0 – 99pv 21%
2 100 – 199pv 25%
3 200-399pv 29%
4 400 – 799pv 33%
5 800-1599pv 37%
6 1600pv -3499pv 41%
7 3500 and above 45%
NOTE: Longrich operates in cycles. We are paid today for what we did 5 weeks ago. Your first payment
comes 5 weeks after you join i.e if you had activity under you same week. Combo payment comes earlier in
most cases. To earn weekly, activity has to happen under you weekly either by you or by your downlines. You
must also learn to balance your legs properly. Ensure you have activity on at least 2 separate legs for you to
earn your weekly pay. Anything anybody under you does counts for you. In Longrich, your points are not
wiped, they accumulate till infinity.
5) VIP Incentive
This is paid every cycle. It comes in points. Being a VIP member entitles you to this. You share in 1% of
global PV (sales) for the cycle. This is quite big. These points can be exchanged for travel, car or house
points.
Calculation: Worldwide PV * 1% x (Personal income/Total Qualified Income*100)
6) Worldwide Incentive
This is paid from 2.5% of Global Sales. This is paid in points. It is shared as below:
Ranking Travel Car House Total
Diamond 7 and above 1% 1% 0.5% 2.5%
Diamond 6 and above 1% 1% 2%
Diamond 4 and above 1% 1%
Calculation: Worldwide PV * Incentive% x (Personal income/Total Qualified Income*100)
NOTE: 1 point = $100
8) Star Director Incentive
This incentive is paid as cash based on ranking.
Ranking Income %
5 Star Director 0.05%
4 Star Director 0.10%
3 Star Director 0.20%
2 Star Director 0.30%
1 Star Director 0.35%
Calculation: Worldwide PV * Incentive% x (Personal income/Total Qualified Bonus*100)
Longrich compensation plan sure guarantees Financial Freedom.
Additional Information: From Diamond 2 and above the company reserves 5% of your bonus income
(maximum of $300 in a cycle) into maintenance order pool that allows you consume any time. You can use
this money to place orders.
This compensation plan makes you earn to the last generation in your team. Longrich sure rocks!

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