F.A.Q on LONGRICH Tips.
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♠ What is PV?
PV stands for Product Value. This is the numerical value that Longrich attaches to every SINGLE unit of each product that Longrich offers. The numerical value differs from product to product. So each time you purchase a product, Longrich adds the value of that product to your accumulated PV.
♠ Can i start from any entry level?
YES. You are free to start from any Entry level. You can sign up as Silver or Gold or Platinum or as VIP.
♠ How do i move from one entry level to another?
Once you are signed up, you can only move upward through a process called ‘Upgrade‘. Usually, Longrich will open a window of upgrade to enable you move from your current entry level to another.
Once this window is opened, you can upgrade from one level to any level. For example, if you are currently sitting as Silver, when the Upgrade window opens, you can upgrade to Gold,Platinum, or VIP.
You upgrade by buying products worth the difference of PV (Product Value) between your current level and your desired entry level. For example, if your current level is Silver with 120 PV and you desire to upgrade to Platinum which has 720 PV, you need to fill form to buy products worth 720-120 = 600 PV. Remember to indicate ‘Upgrade’ on the Form.
♠ How many Entry Levels are there ?
There are Four (4) Entry Levels and these are : SILVER: GOLD: PLATINUM: VIP.
♠ What are the prices of the entry packages ?
VIP: 650k i.e. 12% + 1% of Global Profit Sharing
PLATINUM: 300k i.e. 12%
GOLD: 120k i.e. 10%
SILVER: 65k i.e. 8%
♠ How many bonuses are there in Longrich ?
There are minimum of Four (4) Bonuses in Longrich. And these are:
• Performance Bonus
• Development Bonus
• Leadership Bonus
• Retail Bonus.
♠ Is it COMPULSORY that i buy product every month to remain in Longrich business ?
NO. You do not have to buy product to continue in Longrich business. There is no authorship in Longrich like other Network Marketing platforms.
♠ If i do not buy products every month, can i still earn any bonus ?
YES. You do not have to buy products every month to enjoy the bonus payments. However, there must be activities in at least TWO of the your down lines (LEGS) for you to enjoy Performance and Development Bonuses.
There is one particular bonus that you lose out of the four bonuses if you don’t do your 30pv. It is called Leadership bonus. Leadership bonus is very big, so it is always advisable to do your 30pv in order to continue enjoying all the four bonuses.
♠ Is there constant and consistent training and seminars on Longrich business opportunities ?
YES…. Longrich organizes Training and Seminars at the corporate office and various locations across the country.
ONLY LAZY PEOPLE FAIL IN THESE TEAMS………. I MEAN THOSE WHO DON’T ”LEARN & PRACTICE”
♠ Can i sign up as a VIP and not earn any bonus ?
Yes. To earn any bonus after your initial sign up, you MUST follow up with the signing up of MINIMUM 2 down lines (BUILDING AT LEAST TWO LEGS), to entitle you to earning any bonus.
Remember, when you sign up, Longrich gives you products worth even more the value of the amount you signed up with. So there is need for more activities under you to enable Longrich generate the profit they can use in paying you.
♠ Can a SILVER Entry level earn more bonuses than a VIP Entry level ?
Yes. This is possible if the Silver entry has minimum of two and maximum of 3 of the following Gold, Platinum or VIP in the down lines while the VIP Entry Level has only Silver in the down lines……….
In simple terms if you are a VIP and you have no one under you, your 12% + 1% Global pool shared becomes Cos90. Ans if the SILVER entry person builds his/her 2legs or all 3legs, definitely he will EARN more than the VIP Entry person.