MILIFESTYLEMARKETING COM could be a Non-govt company, incorporated on fourteen Mar 2013. it is a non-public unlisted company and is classed as a company limited by shares.
MILIFESTYLEMARKETING COM’s last annual general meet (AGM) happened on thirty Gregorian calendar month, 2017. The company’s licensed capital stands at Rs two hundred.0 lakhs and has sixty-six. 125% paid money, that is Rs 132.25 lakhs. The corporate updated its financials on thirty-one Mar 2017, per the Milifestylemarketing Ministry of Company Affairs (MCA).
MILIFESTYLEMARKETING COM has been majorly in null business for the last nine years; presently, company operations are active. Current board members & admilifestylemarketing administrators square measure KOTEESWARAO HEMA MALINI, KOLLA SATHYA NARAYANA, MILIFESTYLEMARKETING COMTESH BHANDARI, HAKEEM ABDUL RAHIM, and MANMOHAN SINGH KISHORE KUMAR.
Mi Lifestyle Global Marketing Company Profile – PitchBook
When an individual register himself as an on-the-spot merchandiser of MILIFESTYLEMARKETING COM, he is entitled to induce some advantages of shopping for a wide selection of top quality & fashion merchandise at DISTRIBUTOR worth and a lovely financial gain chance.
In this business, an on-the-spot merchandiser has got to do two essential tasks that are mercantilism & enlisting.
A DIRECT merchandiser should purchase merchandise from the company shop at a Distributor worth for private use, or he will sell them at MRP to the client.
A DIRECT merchandiser will recruit individuals as an on-the-spot merchandiser to form a network; after they purchase from the company shop, the direct merchandiser gets some commilifestylemarketing commission on some calculation basis from total turnover created by his network. We tend to square measure progressing to discuss MILIFESTYLEMARKETING COM set up.
MILIFESTYLEMARKETING COM set up
MILIFESTYLEMARKETING COM provides a different kind of financial gain opportunities such as:
Sales Turnover Bonus(Weekly Payout)
Sales Turnover Bonus is calculated on the idea of matching B.V (Business Volume); during this exclusive bonus, the organization is viewed solely as two organizations Org one and Org a pair of. One with an additional B. All the sales from each facet are accumulated, the lower side(Weaker Leg) is matched with, the higher side(Power Leg), and a 12-tone system matched B.V is given as Sales Turnover Bonus. A shift of B.V is given to all or any of the distributors in keeping with their Rank. Vs. would be considered a “Power Leg” alternative with fewer B.Vs, regarded as “Weaker Leg.”
For Example: in a very straight week, org one contains a turnover of Rs.10,000/- & org a pair of has Rs.12,000/- the corporate distribute seventy-fifth as B.V, then org one has 7500 B.V (75% of ten,000) & org a pair of has 9000 B.V (75% of twelve,000). the corporate can offer a 12-tone system on the lower facet, i.e., 7500 is Rs.900 as sales flip over bonus therein week and balance 1500 B.V from org a pair of are carry forward for next week. During this manner, you’ll earn most of Rs.2,10,000/- in a single week.
Note: All the incomes square measures are subject to fulfillment of the setup eligibility outlined by the corporate from time to time.
Rank Income(Monthly Payout)
Rank financial gain is given to the rank holder ranging from the STAR SILVER to CROWN AMBASSADOR.
Rank Eligibility square measure as follows:
RANK QUALIFYING GBV
TEAM COORDINATOR(TC) 2.5 animal product MATCHING GBV
AREA TEAM COORDINATOR(ATC) 5 animal products MATCHING GBV
STAR SILVER 2.5 animal product GBV IN three BRANCHES
DISTRICT TEAM COORDINATOR(DTC) 7.5 animal product MATCHING GBV
ZONAL TEAM COORDINATOR(ZTC) 15 animal products MATCHING GBV
STAR PEARL 7.5 animal product GBV IN three BRANCHES
STATE TEAM COORDINATOR(STC) 25 animal products MATCHING GBV
EMERALD 20 animal product GBV IN three BRANCHES
REGIONAL TEAM COORDINATOR(RTC) 75 animal products MATCHING GBV
GOLD 80 animal product GBV IN four BRANCHES
NATIONAL TEAM COORDINATOR(NTC) 2 large integer MATCHING GBV
PLATINUM 2 large integer GBV IN four BRANCHES
CONTINENTAL TEAM COORDINATOR(CTC) 5 large integer MATCHING GBV
INTERNATIONAL TEAM COORDINATOR(ITC) 10 large integer MATCHING GBV
GLOBAL TEAM COORDINATOR 75 large integer MATCHING GBV
UNIVERSAL TEAM COORDINATOR 150 large integer MATCHING GBV
For rank financial gain, star silver, and star, the pearl has got to generate 100% of GBV caused by them last month from the second highest branch. The best second branch GBV ought to be a milifestylemarketing comnimum of 5000 GBV or higher than for obtaining rank financial gain in the next month.
NEW CONDITION: for obtaining rank financial gain for emerald and higher than associates, they need to come up with the below GBV from every organization.
RANKS ORG three GBV ORG four GBV
EMERALD 75000 25000
GOLD 150000 50000
PLATINUM 200000 100000
DIAMOND 500000 300000
Overriding Commilifestylemarketing comssion(Monthly Payout)
Overriding bonus is given for three levels of the same rank from STAR SILVER to CROWN AMBASSADOR of the same class.
Milifestylemarketing com Lifestyle promoting Business set up 2021 | Full Details Company profile, Business set up & Product.
Performance Bonus(Monthly Payout)
Performance Bonus is given from a pool of one.5% of worldwide GBV of the corporate turnover to all or any eligible achievers. For obtaining a performance bonus, following GBV has got to be generated rank-wise in a very straight month. 35% of 1.5% of pool quantity are distributed among individual rank Distributor, 15% of 1.5% of pool quantity for Team organizer, Silver, and Star Silver, 15% of 1.5% for District team organizer, Pearl and Star Pearl. 35% of 1.5% of pool quantity are distributed for State Team organizer and Regional Team organizer; pool quantity is distributed rank-wise equally.
0.5% of worldwide GBV turnover can be distributed as Star Performance Bonus among Emerald, Gold, and noble metal. 40% of 0.5% of worldwide GBV is for Emerald Rank holder, 30% of 0.5% of worldwide GBV is for Gold, and a half-hour of zero.5% of worldwide GBV is for the noble metal Rank holder. Pool quantities are distributed rank wise all the eligible achievers. Obtaining a performance bonus following GBV has got to be generated rank-wise in a very straight month.
The Royalty is paid to Crown Diamond, and Crown Ambassador is zero.20% of worldwide GBV to every rank. Royalty is divided equally to the rank soul; once the class is achieved, royalty is bought for twelve months, and for obtaining royalty from thirteen months, the soul has got to maintain seventy-five animal product GBV from ORG three and fifty animal product GBV from ORG four in their previous twelve months.
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