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Modicare Network Marketing Plan

Modicare network marketing plan 2021

  • Post last modified:June 8, 2021
  • Reading time:13 mins read

Hello friends, in this article today I will tell you about Modicare network marketing plan. In this post, what is Modicare?, What is the network marketing plan of Modicare?, What is its product? You will get to know about all these topics in detail.

Modicare is a famous direct selling company in India, which has been started for 2 decades and is still expanding. Modicare Spirulina and Well Noni Juice are its popular products.

What is Modicare?

Modicare is an Indian network marketing company that sells health, FMCG, and beauty products. Its head office is in the capital of the country, Delhi.

It was started in 1996 by Sameer Modi and since then the company has been involved in network marketing. Even after the passage of 20 years, this company keeps on bringing new products for its distributor. Due to the attachment and good suggestion of the people, this company is moving ahead with jetty day by day.

Modicare is registered under MCA from Delhi and one of the list of Legal Direct Selling Company. Modicare is also included in the IDSA Member List.

Contact Information and Head Office

Address5, Community Center, New Friends Colony, New Delhi, Pin – 110025
Phone011-66623000
Azadi Call Centre All-India Toll-Free Number180030012999(10 AM-10 PM)
Emailsupport-modicare@modi.com
Websitewww.modicare.com

Let’s know some important things of the company

  • According to the company, every moment of yours is very precious which you give to this company.
  • Here you get all the employees very helpful.
  • According to the company, you are the brand ambassador of the company, who uses the product and tells others about its benefits.
  • All its products are good and it is according to your budget.
  • The company wants that you first use our product yourself and later tell people about it.
  • The company also provides seminars and training to its distributors from time to time.
  • According to the Modicare Azadi Plan, all the people who are associated with this company can work independently.

How to make income from Modicare?

Modicare is a network marketing company, do you mainly have to do 2 things in it.

1. Product Buying and Selling

In Modicare, you have to first buy the company’s products and sell them further. That is, you have to work for Modicare as a retailer. In which the company will give you the goods at a price (DP) less than the MRP and you have to sell those goods at the further MRP, from which you will get some profit on selling each product. We can call this retail profit.

As the MRP of a product is Rs 300, then after joining Modicare, you will get that product only for Rs 260.

Now you can sell that product to anyone at an MRP of Rs 300, which will give you a profit of Rs 40. In this way, your first income can be in Modicare.

2. Recruitment

Another way to make income from Modicare after product buying and selling is through recruitment, that is, adding more people.

In network marketing, you have to connect more and more people to the company in your downline, so that whenever the product is purchased in the downline, some percentage of profit will also be yours.

Keep in mind, you will not get money just by adding people to the downline, but the commission is generated on product purchases made in the downline. Therefore, add such people to the downline, who buy the products of the regular company.

The possibility of passive income increases with recruitment. Because when the product is purchased in the downline of your downline, then you will also get the commission for it.

How to join Modicare

To join Modicare, you can take the help of any Modicare Consultant (Direct Seller). Due to which you will continue to get help from them as a sponsor. The same if you do not know anyone, then you can go to the official site of Modicare and fill the online form by clicking on “Become A Consultant” written above.

While filling the form, you will have to tell them your details, which include Aadhar number, your address, pin code, PAN card number, email ID, and phone number.

After joining you will have to buy some Modicare products.

Modicare network marketing plan

Now let us understand Modicare network marketing plan. In which we will know, how many types of income Modicare provides and what are the conditions to get them?

Modicare PV BV Meaning

Before understanding the income plan, it is important for us to understand some of the main aspects of Modicare company, whose name is BV and PV.

So let us understand, what is the meaning of PV and BV in Modicare company and what is its use in Modicare company?

BV and PV have a very important role in Modicare, in this company, the full form of BV are Business Volume and the full form of PV is Point Value.

BV and PV are two currency units in Modicare. In Modicare, 1 PV = 27 is equal to BV.

Each product of Modicare has a fixed PV and BV, which is available on purchase of the product.

In Modicare, PV is helpful in finding the level of Direct Seller and BV is used to convert the amount you earn into Rupees.

So now let’s understand, how much income Modicare company provides you.

Types of Income in Modicare

Modicare company promises to provide 10 types of income, which are as follows,

  • Saving On Consumption (20%)
  • Retail Profit (20%)
  • Accumulative Performance Bonus (7% – 16%)
  • Director Bonus (4%)
  • Team Builder Bonus (14%)
  • Leadership Productivity Bonus (15%)
  • Dream Travel Fund (3%)
  • Dream Vehicle Fund (5%)
  • Dream House Fund (3%)
  • Atoot Bandhan Bonus (2%)

Keep in mind, initially, you are not going to get all the income. There are some conditions and levels to get each income, only after crossing which you will get that income.

1. Saving On Consumption

Modicare company which provides you the first type of income, its name is Saving On Consumption i.e. “Saving on Use”.

If a consultant takes a product from Modicare, then he gets the product at a price less than the MRP i.e. DP (Distributor Price).

This saves the Modicare Direct Seller, which Modicare has shown as an income. It is also called retail profit, which is the second income of Modicare.

2. Retail Profit

Modicare company which provides you another type of income, its name is retail profit.

According to this income, you can earn some profit by selling Modicare company’s products at an MRP rate.

Modicare company gives the product to its direct seller at the Distributor Price (DP), which is less than the product MRP.

Retail Profit = MRP - DP

This Retail Profit and Saving On Consumption are one and the same thing. If someone buys and sells Modicare’s products further, then it is called Retail Profit and if he uses himself, then it is called Saving On Consumption.

3. Performance Bonus

The name of Modicare company which gives you third income is Performance Bonus.

According to this income, the company provides you 7 to 16% of your total BV turnover, but before understanding this income, it is very important for us to understand the level chart of Modicare company. which is the following,

Performance Bonus
Performance Bonus

From the above chart, you can understand, what percentage of income the company gets by doing BV and PV.

Let us understand this with an example, as you take a product of thousand rupees from Modicare, Modicare gives you 18 PV and 486 BV (18×27) and as you can see in the chart, that from 1 to Consultant level is available up to 300 PV and performance bonus is 7 percent.

As I have told you in the above article, we use BV to withdraw money. 486 BV is available on buying a product of thousand rupees, on the basis of which a 7 percent performance bonus of ₹ 34 will be provided to you by Modicare company.

Similarly, you can calculate all the levels and the performance bonus available on them according to PV and BV.

4. Director Bonus

There is a condition to get the Director Bonus. It is mandatory to be at the Director level for this income.

Performance Bonus
Director Bonu

To come at the director level, own 26 PV and you have to do business of 1250 PV from your direct downline group.

There is a formula to calculate the Director Bonus in Modicare, which is as follows,

Director Bonus = 4% of the total monthly PV of the company ÷ DB points collected by everyone in the current month

Note,

  • In this, the company itself gives DB points every month according to the business performance of the direct seller, which keeps on changing.
  • This income depends on the DB points achieved and the total PV of the own and downline.

5. Team Builder Bonus

Modicare company provides the fifth type of income, which is the Team Builder Bonus.

According to this income, the company provides you 14% of your total BV turnover.

To get this income, it is mandatory to be at Senior Director (SD) level.

This income is distributed among all the directors who are eligible for this income.

This income will be given till the 9th generation of the downline. It is based on PV (Points System), which we will call Team Builder Bonus Points (TBB). Apart from this, different points are used in all the income.

Any consultant who achieves the level mentioned in the chart below is given bonus points according to the total points of the company.

Performance Bonus
Team Builder Bonus

Modicare company has the formula to calculate Team Builder Bonus, which is as follows.

Team Builder Bonus = 14% of the company's monthly PV ÷ TBB points collected by everyone in the current month

6. Leadership Productivity Bonus

The next income is known as Leadership Bonus. As this income, Modicare company provides a bonus of 15 percent of its total PV.

There are some conditions to get this income, which are as follows

  • For this income, it is mandatory to be at the Senior Director level or above level.
  • Apart from this, it is mandatory to have a turnover of 3600 PV in one of its direct legs (downline).

In this, LPB (Leadership Productivity Bonus) points are given every month according to the performance of the direct seller. You can understand the LPB point distribution from the table given below.

Modicare network marketing plan 2021
Leadership Productivity Bonus

The following formula is used to calculate the Leadership Productivity Bonus in Modicare company.

Leadership Bonus = 15% of the company's total monthly PV ÷ LPB points collected by everyone in the current month

7. Dream Travel Bonus – modicare network marketing plan

The next income is Dream Travel Bonus.

As this income, Modicare company provides 5 percent of its PV as this bonus.

There are some conditions to get this income, which are as follows.

  • For this, it is mandatory to be at the Senior Director level or above level.
  • For this income, it is mandatory to have a Team Builder Bonus and be a qualified director.

The following formula is used to calculate DTB point in Modicare company.

DTB Point Value = 3% of the total monthly PV of the company ÷ TBB points collected from 5 generations in the current one month

These DTB points are collected and used when the company issues the trip. This trip requires a minimum DTB point, which is determined by the company itself.

8. Dream Vehicle Bonus – modicare network marketing plan

As this income, Modicare company provides a bonus of 3 percent of its total PV.

There are some conditions to get this income, which are as follows.

  • For this income, it is mandatory to be at Senior Executive Director level or above level in Modicare.
  • For this income, the level of Senior Executive Director level or above has to be maintained for 3 consecutive months.
  • For this income, it is mandatory to have a Team Builder Bonus and be a qualified director.

In Modicare company, the following formula is used to extract Dream Vehicle Bonus.

DVB Point Value = 3% of the total monthly PV of the company ÷ TBB points accumulated in the current one month

It is necessary to buy a bike or car with the money received from this income and the bike has to be bought for at least Rs 50,000. No leader will get more than 1 lakh of this income every month.

9. Dream House Bonus – modicare network marketing plan

Modicare’s 9th income is known as the Dream House Bonus.

As this income, Modicare company provides a bonus of 3 percent of its total PV.

There are some conditions to get this income, which are as follows.

  • For this, it is mandatory to be at the level of Qualified Presidential Director level or above.
  • Along with this, the level of Presidential Director level or above has to be maintained continuously for 3 months.
  • For this income, it is mandatory to have a Team Builder Bonus and be a qualified director.
  • Modicare company uses this formula to extract the Dream House Bonus.
DHB Point Value = 3% of the total monthly PV of the company ÷ TBB points accumulated in the current one month

Keep in mind, this Dream House Bonus income is not available for more than 1,20,000 per month.

10. Atoot Bandhan Bonus – modicare network marketing plan

Modicare company which gives you the tenth type of income is known as an Atoot bandhan bonus in Modicare. Which Modicare has recently put in its plan.

As this income Modicare provides a bonus of 2 percent of its total PV.

Following are some conditions to get this income,

  • For this income, you must be at Crown Diamond Director level or above level.
  • It is also mandatory for the Direct Seller to be eligible for the Team Builder Bonus here.

The following formula is used to calculate the Atoot bandhan bonus.

ABB Point Value = 2% of the total monthly PV of the company ÷ TBB points accumulated in the current one month

Modicare Products – modicare network marketing plan

Modicare’s product list is very long. In which hundreds of products like health, food, beauty, household, jewelry are included.

Modicare’s products seem to be of reasonable quality according to the packaging and under the price are more economical than the company present in most of the market.

Modicare releases regular catalogs for its direct sellers, in which the features and details of Modicare’s products are given, which can also be used as a marketing tool by direct sellers.

Conclusion – modicare network marketing plan

We hope that you must have got the necessary information about Modicare from this post of ours and understood Modicare Business in Hindi.

If you have any questions or suggestions, then do let us know in the comments.

This Post Has One Comment

  1. Lan

    Hmm is anyone else experiencing problems
    with the images on this blog loading? I’m trying to figure out if its a problem on my
    end or if it’s the blog. Any feed-back would be greatly appreciated.

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