Most of the people today wants to know about Highrich MLM Business Real or Fraud? So here I am going to tell you all about High Rich MLM Business,
Highrich Online Shopee Pvt Ltd company is popularly known as Highrich and is working on Product Based Direct Selling Business Model. In which you have to buy their products and then sell them further and at the same time to earn in this, you have to add people to the downline and when someone sells the company’s product in the downline, then he or she gets some percentage of commission
In this article, I am going to tell you the information like Highrich Company Details in Hindi, company profile, legal information, income plan and its product details.
So, if you are also planning to join this company, then definitely read the Highrich Business Plan mentioned in it, let’s know about this company,
What is Highrich MLM Business
Highrich is an E-commerce Product-Based Direct Selling Company operated by Highrich Online Shop Pvt Ltd from Kerala, India.
The products offered by the company are of good quality with reasonable prices which include Grocery Products, Fashion, Clothing and much more.
Any person can join it as an affiliate program and sell its products from anywhere. If we talk about the founders of this company, then they are Kattukaren Sreedharan Srina and Kolat Dasan Pratapan and the head office of this company is located in Thrissur, Kerala.
How to Join Highrich MLM Business
To start selling products and earn money from it, you first have to join the highrich business by registering as a distributor. and to become a Distributor in the company, you have to buy some products of at least ₹750 or more from the company’s first list of products.
While joining or registering in this, you will also need some Legal Identity Proof such as PAN card, Aadhar card and bank account. and as soon as you do this, you will join the company and now you can earn money by selling their products.
Highrich MLM Business Plan
There are 3 types of income in Highrich MLM business plan, which is mentioned below:
• First Purchase Income: With this plan, you earn when someone uses your sponsor ID and buys any product. For distribution of income, the company uses a binary business model.
Binary business model means when you complete 2 legs (left and right) then you will earn income. It forms a pair when you have the same number of members on your left and right ranks.
On every product purchase, you will earn 200 BV and the company gives 100% commission of the total match BV under this income.
For example, if you earn 2000 BV in downline, then you will get full ₹2000 from the company. And the daily limit of this income is up to Rs 5000.
• Self Purchase Income: As the name suggests, you can also buy products from the company’s product list. With this, you can get a discount of about 3% to 20% depending on the product.
To earn Retail Profit inside it, you can also sell discounted products on MRP in the Retail Market.
• Repurchase Income: Now, let’s talk about the most important plan which is Repurchase Income because most of your income will be generated from your downline team. You will earn income when someone buys a product from your downline from website or application. You will get income up to 18 level from your downline. In this, income is calculated as a percentage of SI Points.
The full form of SI Point is Sales Incentive Point. and Sl Points are fixed for a particular product.
Given below are the SI percentages you can earn from 18 levels.
Is Highrich MLM Business Fake or Real?
According to me this is a Product Based Network Marketing Company which has a good business plan. In which people earn income through buying and selling products.
Under the Direct Selling Guideline, only adding people to it will not earn any money. Rather, you get a commission on the purchase of the product made through the downline. This makes it safe to work. The company provides daily use and quality products which is its one plus point.
The company focuses on genuine quality products as a major source of income and is an MCA registered company, so it proves that Highrich is not a fraud company.
In today’s article – HighRich MLM Business Review, I have provided complete information about High Rich Business to all of you. and also your question that Is High Rich Business Fraud or Real? have also given a clear answer in this article, hope you have liked this and have understood it very well.