Longrich BioScience is an MLM business model; its founder is Xu Zhiwei appears as (founder, CEO, and President). The enrollment package is between $ 90 and $ 2,500. They have over 33 years of experience in personal care, cosmetics, and fashion.
Many people stay away from this company because it is not very reliable and safe. Currently, there are many MLM companies, and it is difficult to distinguish which ones are legitimate and which ones are a scam.
There are many comments from people who have lost their money in companies posing as legitimate MLM companies. In this article, you can have all the information you need so that you do not invest in sites like these.
The FTC has always commented that these pyramid schemes are scams. They are companies that disguise themselves as excellent MLM opportunities and are no longer so. And that people always lose friends, money and time.
What is Longrich?
It is an MLM company that specializes in operating in various areas, such as wellness, beauty, cosmetics, and hygiene. You can even find household products. This company was founded in 1986 in China by Xu Zhiwei.
Previously they sold traditional products, but since 2009 they operate in the MLM business model when they received a license from the Ministry of Commerce.
It is a pyramid scheme, and they have a compensation plan, their brands have been registered in 183 countries. The products they offer are sold in more than 50 countries worldwide.
They are an OEM (Original Equipment Manufacturer) and ODM (Original Design Manufacturer) company. This company maintains eight research institutions in various parts of the world, such as:
- Longliqi Institute of Health and Cosmetic Research in the United States
- Longliqi BioTechnology R&D Center (HQ)
- Innovation Center in Japan and Longliqi Health
- Lonqliqi Institute of BioTechnology, Jiangnan University
- Tsinghua University (Faculty of Life Sciences)
- French Longliqi R&D Center
- Longliqi Enterprise Academic Station
- Longliqi Post-Doctor Research Station
On the website, you can see the following information about its founder:
- Before founding this company, Xu Zhiwei worked as a carpenter
- He is a very reliable man in the household products market in China
- It is among the top 25 outstanding Chinese managers
- It is among the top 10 entrepreneurs in China
- He is one of the most influential men in cosmetology in China
You should know that you can find this information on the Longrich website, and there is no certification of this on the internet. Although according to Forbes, in 2020, Zhiwei ranked 366 in the list of the 400 richest Chinese, with a heritage of $ 450 million.
Longrich BioScience Products
This company specializes in manufacturing products in the following four categories:
- Domestic cleaning
- Women’s health and hygiene people
- Personal care
- Beauty and skincare
One of the company’s best-known products is the Superbklean Magnetic Anion Sanitary Pad. Which is made of 8 layers and is safe, comfortable, absorbent, and air permeable.
It is not possible to know the price of the products offered by the company because to obtain this information; you must contact LOngrich BioSciences directly.
How to join Longrich?
If you want to be a Longrich commercial associate, you should know that its price is a bit high, and its registration process is obsolete. You should go to the official website and press the “Register” button. Then you must take the form and choose the products you want to buy.
You should know that the PV of the products you want to purchase must be the equivalent of the entry-level package you choose to purchase at enrollment.
When you finish the process, you must wait for a commercial associate of the company to contact you. It will be the right person to tell you about the steps you need to take next.
When you know which entry-level package you want to buy, then you should deposit the money into the Longrich account. When this payment is confirmed, the company will send your identification as a business associate.
Although there are reviews that say you can join for free, you should know that this information is not true. Even if the company does not have a registration fee, you must purchase an entry-level package to receive the ID. The Entry Level Packages are as follows:
- QSilver: with an amount of $ 90
- Silver: The price is $ 360
- Gold: This package is worth $ 1080
- VIP Platinum: it has a cost of $ 2500
Additionally, you should know that the rates of these packages may vary depending on the country where you live. Also, to qualify for monthly bonuses, you must buy more than $ 50 a month.
Is Longrich safe, or is it a scam?
You should know that it is a pyramid scheme, which means that income is based on recruiting other people into this scheme. This makes it an unreliable method and is not legitimate.
For an MLM company to be reliable and legitimate, it must be based on sale to the public. In this type of company with pyramid schemes, participants end up losing their money.
On the other hand, if you want to qualify for the Performance Bonus and the Development Bonus, you must recruit at least two trading partners. The Leadership Bonus will be paid depending on the performance bonus that your descendant business associates earn up to 12 levels deep.
You should know that the amount of money you will be able to earn with the Performance Bonus will also depend on the entry package you purchase at the time of registration. This means that you will receive higher commissions if you purchase the most expensive entry-level package.
And as previously stated, to qualify for the monthly bonuses, you must make purchases greater than $ 50 a month. With this information, you can get an idea of how Longrich works.
Disadvantages
Experts are not recommended The Longrich company for the following aspects:
- Your compensation plan is extremely complicated
- Its scheme is pyramidal. That makes it a short term method, and you can lose your money. When recruits are few, the income is not the same, and you will stop receiving your income. Up to the point where the company collapses, and you will lose your money.
- Your expensive packages
- The website is not very secure
- Its owner information is not verified
- There is no income disclosure statement
If you are looking for a business for a secure and reliable income, you should know that Longrich is not the option you need. It is a bad idea for people who want to have a sustainable income.
No Comments