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Monday, July 20, 2020

EARNING POINTS IN LONGRICH.(1)

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

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.
Performance 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.

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