I bet a close friend of your or perhaps a relative might have approached you with this wonderful opportunity that is the Longrich BioScience business opportunity.
May I first start by stating that I am not a consultant with Longrich BioScience and so I am not going to be asking you to whip out your credit card for your dream to success. This review is based on my own research and the aim is to help you make an independent decision on whether to join, stay put or bail out. The decision is entirely up to you.
So just what is the Longrich BioScience business opportunity? Is it a scam or legit? Can you make money?
No doubt you want some things cleared. Well, let’s find out, shall we.
Company Name: Longrich BioScience
Costs: No starting cost
Longrich Bioscience is a health and wellness multi level marketing company based out of China. As many MLMs claim, they say that they the forerunners of the cosmetic industry. The company employs over 10 000 people and has distributors in select countries around the world.
Not only do they deal in wellness and health products but are also involved in other businesses such as household equipment, real estate and logistics. The company has over 2000 products in different categories.
What I find surprising is that there is no information on who owns the company. I was also surprised that its based in China, since many MLMs were banned from operating in China a few years ago.
Let’s check out some of the products that are available in the Longrich product range.
- Superbklean – Magnetic Anion Sanitary Pad – Women deserve Good Quality Napkin for their Health
- Household Water Purification System For Drinking & Shower -Eliminate Chlorine, Antioxidant, Removal of Heavy Metals, Alkaline Balance Water,Eliminate Chlorine, Anti-Oxidant, Removal of Heavy Metals, Alkaline Balance Water,
- Skin Care series – For Beauty & Healthy Skin
- Family Care series – Concentrated detergents, Bamboo charcoal whitening soap
And many more…
Like all good Mlms, there must be a compensation plan otherwise what would be the point? This is the bait that attracts consultants to join the business. It’s all about the commissions you make for sales and recruiting others to join you.
I am not a big fan of explaining compensation plans, so I will just let the guy break it down for you. Please note that I am not endorsing this video. Its only for presentation purposes.
Pros and cons
Normally, every business opportunity has the bright and dull side that everyone involved in has to come to terms with. For the good, this is a plus while the bad is what determines whether to remain in the game or call it a day. Here are the two sides of the coin when it comes to the Longrich business opportunity.
What I like
- Some of their products are reasonably priced.
- Most of their products are a notch up compared to what you get in the industry
- Huge range of products to choose from.
What I don’t
- This is an MLM. You are in the recruiting business. Expect to hit on a lot of your friends and family for the opportunity of a lifetime.
- Not knowing the owners of the program does not inspire much confidence.
Longrich seems like a pretty decent company with good products. Its just a bit awkward that there is such little information on who owns it and its origins.
It is not a pyramid scheme like some people would claim. Longrich is just one among the hundreds of multi-level marketing businesses that exist out there. Opinion is always divided as to whether its scam or not. I suppose it all comes down to who is making money and who is not.
Let’s talk about the biz for moment.
I have been involved in network marketing before and I know how the game plays out. Network marketing by its very nature is a legit way of doing business and people succeed big time in the business. In fact there are millionaires in this industry.
So why did I leave if there is such huge potential.
Because it is all about recruiting, recruiting and recruiting . Seldom do people even talk about the products. That’s because no one makes money just by selling products. People have spent thousands of dollars in stock hoping to sell it for a profit only to realise that everyone else is selling the same product more or less. That’s why you can buy some of these products on Amazon or ebay.
Holding parties in your house in order to lure people to join your business is just weird. There far better ways to sell your products
There is an narrative that network marketing companies use and that is to pitch their products as magical or the next big thing. I am quite sure you can find a similar range of high quality products in the market that are just as good. Why should I choose one over the other.
We now have MLMs embracing social media as a way to market their products.
Even though it can be more effective than reaching out to your traditional warm market, most people go about it by spamming social media accounts to promote their business. It’s not really a long term way of building a business. Its also very intrusive. I love my Facebook profile just as it is.
Unsolicited marketing info coming on my timeline especially from people you may know is just irritating.
Many people fail in this form of business because it is by no means easy as they are led to believe. In fact, less than 1% of all the people who join multi-level marketing businesses succeed.
The very nature of multi-level marketing is also shrouded in a lot of misconceptions and controversy. I can understand why. You are not really giving people an opportunity to make money. It’s more like reaping the benefits out of their hard work.
Build your business without having to recruit
In the years I have been in the marketing industry I have come to appreciate the fact that the only way you can make money selling products is by having your own website. Not one that has been provided for you but one you have built from the ground up. You don’t even need to spend money to own one. Why run around chasing after people to join your opportunity and yet you can reach the billions of people who are connected on the internet today.
If you belong to the 99…% plus number of the people trying desperately to make money recruiting people to their business, how about you check out how I make money online without having to recruit. Might turn out to be the smartest decision you have ever made in your life.
Many thanks for reading my review. If you have a question or a comment on the Longrich business opportunity, please leave it below. I would love to hear from you.
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