08/09/2022
PRESENTATION MATERIAL (LONGRICH COMPENSATION PLAN)
The compensation plan is the business aspect of longrich. A wonderful business of the 21st century that is based on daily consumable products. Longrich says buy from me and introduce other people from your network pool to do the same and earn from whatever activities that happens in your structure every week. Either directly or indirectly placed by you
Welcome to Longrich compensation plan... Its time to press the digits
*HOW TO EARN*
In longrich we get compensated in 7 different ways.
1. Performance bonus
2. Development bonus
3. Leadership bonus
4. Retail/repeat bonus
5. Platinum VIP incentives
6. Worldwide incentives
7. Star director incentives
Other ways to earn in longrich by referral bonus(Case study - Nigeria Market)
1. Starter combo bonus
2. Fast rich pack bonus
3. Energy shoe bonus
Let me start with the packages with referral bonus
*STARTER COMBO:* Also known as student package. An entry level that allows you to start the business with *₦14,000*
♦️ *Point Value*: 4PV(fixed) you can upgrade to the main stream with time
You only earn referral bonus from starter combo and fast Rich pack. No earnings on your Team Performance Bonus
♦️Referral bonus is paid based on *sponsor*
♦️ *fixed products* : pay ₦14,000 and get (Option A) 2 Mosquito repellent, 2 SOD cream, 1 toothpaste and 1 Handcream
OR
(Option B) 1 Calcium, 1 White tea shampoo, 2 Mosquito Repellent and 1 Toothpaste
How it works:
Register 3 or more people with ₦14,000 and get paid the following week as follows:
1st Generation: ₦3900×3= N11,700. *You get #11,700 when you register 3 people.*
2nd Generation
N900×9 =N8,100. *You get (initial 11,700+8,100)= #19,800 when your 3 people register 9people.*
3rd Generation 1900×27=N51,300. *You get (11,700+8,100+51,300)= #52,800 when your 9 brings there own 3 people each.*
This above illustrations explains what you will earn if you bring only 3 people and encourage your 3 to bring in their 3&3 (2nd and 3rd generation)
*Pls Note: There is no limit to the numbers of people you can personally sponsor directly under you. i.e instead of personally bringing 3, you can bring more directly under you as your 1st generation and earn #3,900 on all of them in your 1st generation.* E.g. 3900 × 10people = ₦39,000
The more people you sponsor, the more money you will make.
Someone on the *main stream* can sponsor a stater combo *if* you include combo in your package
*FAST RICH PACK(FRP)*: when you recommend any body to join with the FRP, as a sponsor, you will earn the next working day. This package allows you to earn on your personally sponsor referrals aside the weekly bonus.
*Fixed products and fixed PV*: the FRPs products are preselected by the company, meaning you don't get to choose what you want.
There are Four Categories of FRP
*️⃣Fast Rich pack A: ₦41,000
60pv
Bonus: ₦8,000 (paid 24hrs after the registration is confirmed
Upgrade to Silver Level.
You get products worth more than ₦41,000
*Products*
6 toothpaste, 6 repellents, 6 handcream, 3 2in1 shampoo, 3 white tea shampoo, 2 mini pack of panty liners
*️⃣Fast Rich pack B: ₦82,000
120PV
Bonus: ₦16,000 (paid 24hrs after the registration is confirmed
Upgrade to Gold Level.
You get products worth more than ₦82,000
*Products*
6 toothpaste, 6 repellents, 6 handcream, 3 2in1 shampoo, 3 white tea shampoo, 6 green tea, 6 brown tea and 6 slimming tea
*️⃣Fast Rich pack C: ₦82,000
120PV
Bonus: ₦16,000 (paid 24hrs after the registration is confirmed
Upgrade to Gold Level.
*Products*
1 set of Evergreen Nutriv-plus Series
*️⃣Fast Rich pack D: ₦45,000
60pv
Bonus: ₦8,800 (paid 24hrs after the registration is confirmed
Upgrade to Silver Level.
*Product*
1 set of Entre nous Make up cosmetics products
There's no limit to the numbers of people you can sponsor directly under you. For example, if the 10 persons I spoke to about Longrich decide to come on board and registration confirmed today with the FRP of N41,000, that means I will receive N80,000 by tomorrow
*Anyone can sponsor FRP and get d bonus even starter combo*
*ENERGY SHOE BONUS*: the company pays you *₦47,400* each time you *directly sponsor* someone to buy the A-plus energy shoe
No limit to the numbers of people you can sponsor. You can decide to run this as a business by identifying the category of people who needs it.
Male shoe: ₦288,000. 300pv
Female shoe: ₦234,000. 240PV
Please note in longrich
1PV = $1
$1 = ₦200(constant converting rate)
Thus: 1PV = ₦200
*MAIN BONUSES*
*PERFORMANCE BONUS*:
🔹Weekly bonus paid on your placement tree(Spillover are also counted)
🔹Paid in percentage% based on your entry level on points accumulated under your two weaker legs.
🔹Requirement: Minimum of 2 legs
🔹Payment is 3 weeks after second referral signed up
🔹Unlimited
Entry levels:
Q-silver(60pvs)- 8% of total pvs accumulated.
Silver(120pvs)- 8% of total pvs accumulated
Gold(240pvs)- 10% of total pvs accumulated
Platinum (720pvs)- 12% of total pvs accumulated
VIP(1680pvs)- 12% of total pvs accumulated +1% share of global point
Example: say you signed up as a Silver and refer 3 other people in a week, you will earn 8% of your team activities (PV)... See illustration below
(Add illustration)
Many of us wonder why we don't get paid by Longrich at times.🤷♀
Note: every week is counted as fresh week. To earn performance bonus weekly you must ensure you have activities on minimum of direct two legs or maximum of 3 legs weekly.
*PLEASE NOTE THIS*
(Add illustration)
Next Development Bonus
*DEVELOPMENT BONUS*:
🔹Longrich pays you 10% flat on your placement tree( spillover are also counted)
🔹Requirement: Minimum of 2 legs with at 240PV entry level
🔹Paid on *highest PV* of your *2 bonus legs* per *level/generation*
🔹paid weekly
🔹 Unlimited
(Add illustration)
Leadership Bonus
*LEADERSHIP BONUS*:
🔹Leadership Bonus entitles you to earn percentage of your downlines performance bonus up to 12 generations
🔹based on sponsor tree and ranking
🔹 paid weekly, on all your 3 legs.
🔹Minimum Leadership bonus is 10% from D1 and maximum leadership bonus is 45%at SD5
🔹to earn leadership bonus from D2 and above you need to make a 30pv repeat/retail order in the relevant cycles
🔹 *A cycle = 4weeks*
Note: the cycle is not compulsory. But If you don't make the 30PV repeat/retail order, you'll loose your LEADERSHIP BONUS for that cycle, which is usually big.
Just imagine sponsoring a team member like our super SD4- UDEME ETIBENSI in your 1st generation -
Let's say she earns 10milion as her performance bonus, you as her sponsor is entitled to earn N1,000,000 as leadership bonus.
So if you didn't do your 30PV for that cycle you loose that and even the 5% you're suppose to earn from the people she sponsors up to the 12th generations.
Can you bit that?
Leadership bonus is really big.
However, If you miss making the 30PV order you'll earn just
-Performance bonus
-Development bonus
(Add leadership diagram illustration)
Next Repeat!/Retail order
*RETAIL/REPEAT BONUS*:
By buying 30pv repeat /retail order entitles to the following bonuses:
*A. 15 Levels Matrix Bonus:*
🔹You can earn 4.5% on 30pv retail/repeat orders done by every qualified account within your 15 levels
🔹based on your placement tree(spillover also counted)
🔹30pv × 4.5% = $1.35 = ₦270.
🔹 Paid monthly
Apart from qualifying your D3s and above to earn their leadership bonus, the more the number of people in your team that do their 30PV the greater your 15 levels matrix repeat order bonus.
Example if only 100 of your team members each do 30pv you will earn:
100 × 1.35= $135
$135 × ₦200 = ₦27,000
For 1000people = ₦270,000
(Add retail bonus diagram)
Repeat order is done from the *Repeat amount* in your back office
Retail Order: done with cash .. same way you do upgrade order . Notify your stockist you are doing *Retail Order*
Upgrade order: order done by a stockist (your first and subsequent upgrade order)
Repeat order: done by you, when you attain DIAMOND 2, the company begin to set aside some money from your earnings in your backoffice, you can use the money to do this order, you can find the money under *Finance Management*
Retail order: done by the stockist
Inquire the circle of repeat maintenance order: you check the cycles of repeat and retail orders you've done
Note: that when you do your repeat or retail order your leadership earnings increase and you earn at different percentage for every repeat and retail order made,
for example: if you generate 100pv your bonus payout is 21%
200pv is 25%
400pv is 29%
800pv is 33%
1600pv is 37%
3500pv is 41%
Next Platinum Incentives
*PLATINUM VIP INCENTIVES:*
🔹This are points paid to members that registered with VIP package or upgraded to VIP.
🔹Longrich shares 1% of its global points among all its VIP members.
🔹It is paid monthly
🔹points can be converted to cash, car incentives, travel or house.
🔹Based on PV performance of your placement tree hence you are not eligible to VIP points if there's no activities under your structure in a month.
VIP Incentive calculation formula
(Add incentives and global sharing diagram)
Next Worldwide incentives
*WORLDWIDE INCENTIVES:*
🔹Travel/ luxurious cars/ grand houses.
🔹Longrich sets aside 2.5% of its global points for these incentives for diamond 4 leaders and above.
🔹paid monthly
🔹based on ranking
*Diamond 4 and above* 1% for travel
*Diamond 6 and above*: 1% for travel, 1% for car. Total: 2%
*Diamond 7 and above* 1% for travel, 1% for car and 0.5 for house.
Total: 2.5%
Next Star Director Incentives *STAR DIRECTOR INCENTIVES:*
🔹Longrich shares 1% of its global points among its star directors.
🔹 based on ranking
Star director 1: 0.35%
Star director 2: 0.3%
Star director 3: 0.2%
Star director 4: 0.1%
Star director 5: 0.05%
*OTHER INCENTIVES*
👉🏼 All-Expense paid Trip ( 4 trips annually) to China, USA, Malaysia, Europe( any country chosen by Longrich). Africa etc.
You can either qualify for trips during periodic promos irrespective of your rank.
You can qualify for multiple slots.. trip can be converted to cash
👉🏼CAR: Every year Longrich holds car awards. You can qualify for the car through promo
You can take cash for the car.
👉🏼EDUCATIONAL SCHOLARSHIPS
Longrich awards 3 Scholarships.
i) First Degree in Soochow University in China( it can be transferred)
ii) Masters Degree in Regis University, Colorado USA as a D7.
iii) Executive MBA in USA as SD1
👉🏼Luxury Home Fund to SD1
In conclusion: Performance, development, Retail order bonus-15 matrix bonuses are paid based on placement tree network
WHILE
Leadership and retail order- Breakaway, combo, FRP and Shoe bonuses are paid based on sponsorship.
This is why we encourage everyone to go out and recruit (SPONSOR)- build your team and you'll be rewarded with plenty money. The more people you help to earn, the more your leadership bonus becomes.