Attraction Marketing Ideas

A tempting option to bring in some additional cash is to engage in the business of selling things in your leisure time. It even sounds simple, doesn’t it? You could put in a few hours of labor each night and still manage to move some product each week. But do these possibilities truly offer the kind of substantial compensation that they claim they do? One such firm is called Longrich, and it sells a wide range of different health items that practically everyone is interested in purchasing. In this study of the MLM company Longrich, we’ll examine the items to determine whether or not they present a viable opportunity to earn more income. It’s a little difficult to understand.

What exactly is the Longrich MLM?

Xu Zhiwei of China established the multi-level marketing (MLM) business model that Longrich is based on in 1986 when he launched his global corporation. Cerritos, California serves as the site of the company’s U.S. office, which first opened its doors in the year 2015.

The business carries a comprehensive selection of health and beauty aids, including dietary supplements, organic goods, items for the home and automobile, and items for animals.

More than 50 different nations are represented by distributors and stockists who sell Longrich’s products. Three of the company’s manufacturing sites are located in China, and they just launched a fourth facility in Nigeria.

In 2018, Longrich brought in a total revenue of one billion dollars. The business model does not consist solely of MLM. Additionally, the company produces goods for a variety of other companies, including Unilever, Walmart, Marks & Spencer, and Estee Lauder, to mention a few.

Do You Get Your Money’s Worth From Longrich Products?

This is where things start to get strange. As you can see in the image that follows, I grabbed a screenshot of the products that are now available on the website. The costs ranged from being somewhat affordable to being quite costly. Who in their right mind would spend $97 for a water bottle?

But when I tried to look up descriptions of these things online, including the components that they comprise, there were none to be found. There are no descriptions, and there are no reviews. It is therefore impossible to determine whether or not the prices of these products are reasonable. The absence of information raises questions in my mind.

On the website, there is an interesting part reserved for client testimonials and feedback. However, there is only one quote from a customer. Why is it that there is only one buyer who has commented on the wonderful combination of low pricing and high quality of the products if they are so wonderful?

The Chance Provided by Longrich

When you join, you buy a beginning kit. After that, sell the items to your close friends and relatives, as well as possibly to your coworkers. You will earn a commission for each and every one of the products that you sell. You also have the option of recruiting new members for your squad. In the case of Longrich, you also have the option of becoming a stockist rather than a distributor, which will be discussed further down in this section.

What are the fees involved in becoming a member of Longrich?

On the website, there is an option to purchase a starter kit for the price of $50. The package looks to contain hand cream, activated charcoal soap, white tea soap, and toothpaste. Because each of these products has a retail price of $58, and because you are a distributor, you are eligible for a discount. We regret to inform you that you are unable to purchase your starter kit at a wholesale pricing at this time.

The hidden costs of running a business are an additional expense that you possibly have not considered. These expenses include those associated with your phone service, stationery, gas, the upkeep of your vehicle, advertising on social media platforms, as well as the development, maintenance, and hosting of your website. You will not receive any reimbursement for any of these charges.

Is It Possible to Earn Money Using Longrich?

There are a few different revenue streams available when selling products manufactured by Longrich. You have the option of becoming either a stockist or a distributor. The operation is as follows:

Distributor: Sell Longrich items directly to consumers through online social media platforms such as Facebook pages, Instagram advertisements, and Whatsapp chats. Alternatively, you can develop your own website and market the products there. You will also receive monetary compensation each time you bring a new member onto your team.

Stockist: In order to become a Stockist, you need to be a member of the Longrich Platinum VIP program and have a minimum of one hundred members on your team. After you have accomplished this goal, you will be eligible to become a Stockist and begin selling products to both your team and individual consumers.

The structure of compensation is difficult to understand. There is a convoluted system for ranking things. Even at the beginner level, there are already five different ranks to choose from. The value of the currency in the following illustration is depicted in Nigerian Naira. As a point of reference, 30,000 Nigerian Naira is approximately equivalent to $73.27 US Dollars.

Distributors receive their weekly compensation depending on their personal volume (PV). You will receive payment equal to the purchasing value (PV) of any product that you successfully sell. Commissions start rolling in once you’ve accumulated a sufficient number of PVs. You will also earn PVs on any items that you purchase for your own use.

According to the data presented above, you will need to sell 17 tubes of toothpaste in order to earn 60 PV and generate $73.27 in United States currency.

When you have reached the VIP level, you will be able to convert the accumulated PVs into cash and spend that cash to purchase anything you like. Every month, 1% of the revenue is given out as a reward to all of the active VIPs. Commissions can also be earned through qualification levels and bonus levels by VIP members. There is a possibility that these levels will shift from week to week.

The benefits of Longrich

No Prior Experience Necessary: If you want to work for Longrich, you do not need to have any prior experience in the field of product sales.

There are many other avenues through which things can be sold; it is not necessary to conduct all of your product sales in person. In addition to this, you can market products on your own website and across various social media platforms.

Earn More Money Through Recruitment If you can recruit more people, you will have the opportunity to earn more money.

Cons of the Complicated Compensation Plan Employed by Longrich: The compensation plan comprises multiple tiers that are reserved only for distributors at the entry level. There are legs that count toward qualification, as well as bonus legs.

You will not be compensated for any of the business-related costs you rack up in the course of running your company.

No Detailed Product Descriptions The Longrich website does not include any detailed product descriptions anywhere on its pages. Because of this, marketing products is becoming extremely complex and complicated.

Quick Cancellation Process: Within the first three business days after making their purchase, customers have the option to cancel their purchase contract and receive a full and complete refund. The clock begins to run from the time that you place your order, which is a very unfortunate reality. Therefore, if you get your order AFTER the allotted time period of three days, you will not be eligible for a refund.

Customers Are Responsible for Shipping Fees: Customers are responsible for paying shipping costs for any items that are returned, and all returns need to be authorized in advance.

Is Longrich a Fraudulent Scheme?

Even if it’s not a pyramid scheme, you might consider Longrich to be a standard multi-level marketing company. When it comes to selling products and bringing on new people to join their team, the distributors are the ones who are expected to put in the most effort. The real money can be made in recruitment, but only if your new employees can maintain their motivation for a sufficient amount of time to earn money for themselves and, in turn, for you. You can find a lot of people that are willing to buy anything from you just the one time, if only to lend you a hand. It is really challenging to find customers who are willing to buy these things again since they are aware that the prices are probably artificially inflated so that the seller can make a commission.

A Few Parting Thoughts

It is exceedingly tough to make money through multi-level marketing (MLM), unless you are exceptionally skilled at selling and have a vast network of individuals you can tap into. However, in this circumstance, you can also sell on Facebook and Instagram, in addition to your own website.

Check out my number one recommendation if you are seriously considering venturing out on your own and launching your own company. You will be provided with everything necessary to run a successful business, such as a website, hosting, training, support available around the clock, and fantastic tools. Plus, I’ll help you!

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