Is it Longrich a Scam or Legit?
Every day we see a new company comes up with business opportunity and more people are excited about the making money opportunity because money is the root everything.
I came across with this company called Longrich the company claim to offer business opportunity to people whether by selling its product or recruiting people to join the company as an independent distributor and you are searching for Longrich Review maybe someone has approached you and tell you about this business opportunity.
I have done some research not everything is pretty good about this company do not join them yet until you read this Longrich Review till the end.
Longrich is it’s a Multi-Level Company (MLM) that provides you with 2 ways to make money whether by selling products or you can become an Independent Longrich Distributor and build your team. You then receive commissions from their sales as well as bonuses as a team leader.
However, It will be a hustle to recruit people who are interesting in joining the business and I would not recommend anyone to join any MLM because of 1% of people succeed in this business I would rather recommend you to start an affiliate marketing business the chance to succeed is very high please check My Top Recommendation and you do not need to recruit people or harassing people to buy your product. Amazon, eBay, Clickbank need people like you and me to promote their products and services. The best part you are promoting worldwide and you will need to have a computer and internet connection to connect with the rest of the world.
User Review( votes)
In this Longrich Review, we are going to take a real close look at the Longrich Business Opportunity to determine if it’s worth your time or is big scam.
Therefore, there is many way to make money and the internet open many opportunity for people to make alot of money online.
There is another online opportubity called Affiliate Markeing this does not involved recruiting people. I build a business with it from Uber Eat Delivery to Super Affiliate Marketing that something you should check on
But if you do not like everything you are going to read here about Longrich Review remember there is always an alternative way to make money, even better yet you can make money worldwide no need to depend with one country or location you might need to read the Wealthy Affiliate Review to check out how you can start your online business.
What is Longrich?
Longrich Full name Longrich Bio-Science Co. Ltd is Global Multi-Level Marketing Company and one of the leading company that manufactures Health Care product, Skin Care product, Cosmetic Product, Household Cleaning product, Furniture and many more products and company was founded by Mr Xu. Zhiwei in 1986.
|Company||Longrich Bio-Science Co. Ltd|
|Founder||Mr Xu. Zhiwei|
|Product||Healthcare, Skincare, Cosmetic care and more|
What are the Longrich product?
Longrich have a total of 2000 products and you can choose the products in the following categories:
- Personal care
- health care
- Skin care
- Cosmetic care
- Household care
- High tech accessories
What is Longrich Business Opportunity?
Longrich is it’s a Multi-Level Company (MLM) that provides you with 2 ways to make money whether by selling the product or you can become an Independent Longrich Distributor and build your own team. You can receive commissions from their sales as well as bonuses as a team leader.
How to join Longrich?
To join longrich is completely free. However, you will need to join under a Longrich distributor and buy the starter Package that you can afford.
There are 4 Packages you can choose
- Q Silver Package is +/- $100.00 = 8% What your team is doing in your downline
- Silver Package is +/- $340.00 = 8%
- Gold R2000 Package +/- $960.00= 10%
- Platinum Package +/- $2300.00 = 12%
There is also Bonuses
- Performance bonus
- Development bonus
- Leadership bonus
- Maintenance bonus
You will need to recruit 3 and place them in your down line and then you will need to teach those 3 people how to recruit 3 people to their own down line and so on. Here is where there pyramid scheme come in and we will talk more about this in detail.
Do you know that the pyramids Scheme is illegal in other countries?
In the developing countries such as United State, UK, Canada and Australia the pyramid scheme is illegal due to the simple reason this business does not last and 90% of the new distributor earning nothing and 95% of them drop out within a year.
Maybe you might say why longrich is not closed down if they were illegal because of it very difficult to recognize this kind of business and they are using the product to cover up their pyramid scheme.
If you pay a close look at the longrich presentation most of them they are focusing on recruiting new member rather than selling the product because the product does not sell well in the public market and the only people who are buying the product is only new member or those people are in their Pyramid System. If you do not believe me my question is when the last time did you use a Longrich product? Then you got your answer.
How does Pyramid Scheme Works?
Let look at the same system Longrich use the 3 matrix method so you will have a clear understanding of the business and I hope you make a decision after reading this.
So, let says you join the pyramid scheme and you invest $250 and you need to recruit 3 peoples to join the business and you will get $150 commission on the level 1 and $50 on your down line.
Let do the math and until at the level 3 and let assume the pyramid collapse at level 3.
- 150 x 3 = $450 in Level 1
- 50 x 9 = $450 in Level 2
- 50 x 27 = $1350.00 in Level 3
Total Amount is $2,250.00 and you join with $250 this will be a very exciting Business Opportunity to join when someone told you about.
When the pyramid collapse, the company makes $3025 and level 3 just watching other distributors recruiting new people in the business.
New distributors who just join the business at level 3 which means 27 people down line will lose $250.00 that why the pyramid scheme is called “stealing for Peter to pay Paul” Most company that are doing pyramid scheme they are covering up their tracks with the product to make the company legal.
Why The Pyramid Scheme Fall Faster?
For the simple reason, you cannot go behind the population of the country. If we continue with the math by level 25 we might reach the population of South Africa and by the 30 we might reach the population of Nigeria.
The question is how many people are interested in this business? It is not easy as it looks on the paper and the main purpose of the Pyramid scheme is to recruit people to join the scheme the more people you recruit the more money you make.
At some point, you will be running out of people if you are dedicated in this business that means you will need also to recruit the deputy, the minister and including the president. Can you see? it is a complicated business and it will disappear soon.
Looking about the business I did not find major complaints maybe for the simple reason Longrich distributors know if you do not recruit the 3 peoples you are not going to make money plus you get the package worth money and you can use it for your personal use or you can sell it.
The major Longrich complaints that we found are many people were complaining about the distributors who did not deliver the package we pretty understand in any business there are always people who want to take advantage of other people and get money out of it.
Is Longrich a Scam?
No, it is not. Longrich is a legitimate Multi-Level Marketing company that sells real products. Their products may not be as greater in the market yet and more consumer do not know it yet.
The problem is just the Multi-Leve Marketing system that allows 1% to make real money, another 1% make a livable income, yet another 1% may make a couple of hundred dollars a month. If you think we left something out in this Longrich Review so please leave a comment and I would appreciate hearing your opinion.
The Alternative To Longrich
Multi-Level Marketing (MLM) is a good business strategy for the company to increase profit even if theY sell lower quality product but It is not the good business model you cannot build a passive income with unless you are very determined to make it work. It is not my cup of tea and I love making real money online in affiliate marketing.
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