Modicare Pvt Ltd., founded in the year 2004 is one of the best, biggest, and fastest-growing direct selling and network marketing companies.
It deals with manufacturing a large category of products based on health care, personal care, and wellness.
The main aim to uplift the lives of all its consultants by giving them financial independence and social security. You can become an associate or a consultant of this company to start your own business.
Also Read: Latest Modicare Product Price List
To be able to join Modicare India as a consultant and start your business, it is important that you understand the business completely.
For this, the business plan is needed to be understood completely. If you actually go forward and understand this business plan, you will know that this company actually provides a very real and sensible chance to become a consultant and earn a lot of money without making any kind of investment.
The products manufactured by Modicare are sold through direct selling. This way is known to be one of the most convenient and easiest ways to communicate with the buyer.
Once the product gets manufactured, it then reaches the distribution points from where it is available for everyone through the assistance of Modicare distributors.
The distribution points of this company are available almost everywhere in the country.
Once you become the consultant of this company, you can simply reach these distribution points and pick up the products from there.
The most important feature of direct marketing is the fact that you can actually gain money in a large amount if you do it right.
When you start, your financial gain will be much less. However, after putting in consistent serious efforts it will increase at a very high rate and that too quickly.
The best part is that you can begin to take the role of being a consultant as a side gig.
You can be a part-time professional, a full time professional, or just a student, it is possible to start this business in any way. This business can be started in conjunction with your real business or any profession.
The best way to start is to make a team. Your team members should know everything about how this business will work and all the other important knowledge required.
Also Read: Modicare Company Profile
Some features of the Sales and Marketing Plan:
- Once you become a part of Modicare as a consultant, you can follow the rules given below to gain success in this business.
- Remember to use, sell, and share all the products manufactured by this company.
- Contact all the people who you think are the potential audience and share the products and business ideas with them.
- Sell as much as merchandise to the people you know.
- Why is it important to use these products first as a consultant? If you have used and experienced the benefits of the products yourself first and then it will be easier for you to sell it further. You will be able to tell the customers how and why they should buy a particular product. This will result in better productivity.
- You must increase your circle by meeting at least ten to fifteen people on a daily basis. If you do this, you will get an excellent opportunity to tell more and more people about the benefits of these products and it will help in growing your business at a quicker rate.
- If you can sell the products successfully then you will see a financial gain and an increase in business productivity. The fact that your earnings will be calculated from your sale and the sale of your group will serve as a great motivation factor literally and psychologically for the future.
- Your business will increase and you will get bonuses on the basis of business volume or BV you achieve on a monthly basis. Business volume is actually a predefined point given to all the products when they are manufactured.
Also Read: Modicare Network Marketing
Some features of the Samir Modi Azadi Plan are:
- You are going to get a profit of almost 20% on every product you buy if you become a member of this company. As a result of this, you may also get the product on a consultant value instead of the MRP which means the price of the product will be less than almost 20%-25%
- You can also earn a profit of up to 25% on retail products. As a consultant of Modicare, you may get a product on the basis of consultant value. After this, you will be required to sell the product to the client at the retail equivalent of the MRP. The difference so obtained between each cost will be the retail profit you earn.
- Power Seller Bonus: This is the bonus that is awarded to the consultants on the basis of their performance. The consultants who perform well are awarded a high power seller bonus. If a consultant purchases a product equal to or beyond 1000 BV, then the consultant will be consequently eligible for a power seller bonus or PSB.
|Power Seller Bonus|
|Personal Business Volume (PBV)||Payout upto|
|10,000 – 19,999||5%|
|20,000 – 39,999||8%|
|40,000 – 79,999||10%|
|80,000 – 1,19,999||15%|
|1,20,000 and above||20%|
- Accumulative Performance Bonus – 7%-22%
- Director Bonus – 14%
- Leadership Productivity Bonus – 15%
- Outbound Travel Fund- 3%
- Dream Vehicle Fund – 5%
- Dream Home Fund – 3%
Also Read: Modicare Distributor Points List in India
- It is important for the consultant to stay active through the months if he/she wishes to qualify for the bonus.
- A consultant needs a minimum personal business volume or PBV of 1200 per month.
- The minimum amount needed in terms of PBV to qualify for the gold title is 1800 PBV.
Download the Modicare Business Plan PDF file
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