All You Need to know about OKLifeCare MLM
OKLifeCare is one of the fastest-growing companies in the Indian MLM canvas. The company is into various product segments and has a product portfolio of 100+ products.
The company works on the model of 2 legs generation income which is very famous in India in recent times. To associate with OKLifeCare, one can become a preferred customer by providing basic details to the sponsor. Once the details are provided, his/her sponsor can open the account for free. With a preferred customer account, one can get the OKLifeCare products at a discounted price, popularly known as Distributor Price or DP.
Account opening is free but to make money one has to buy OKLifeCare products worth 500BV in a calendar month. Every product as an MRP, DP, and BV. One BV of OKLife care is between Rs 2.5 to 4 in general. So a general account activation can be between Rs 1500 to Rs 2500 for most cases.
OKLifeCare Business Plan:
There are 7 ways to make money from OKLifeCare:
- Retail Profit
- Active Bonus
- Consistency Bonus
- Super Active Bonus
- Car Fund
- House Fund
- Flagship Bonus
Below are the details of 7 Incomes from OKLifeCare.
Note: A person can only have 2 legs (or teams under him/her)
Income 1 from OKLifeCare {Retail Profit}:
A distributor can earn up to 30% profit by retailing OKLifeCare products. This is the difference between MRP and DP.
Income 2 from OKLifeCare {Active Bonus}:
Active Bonus is one of the first steps of earning income in OKLifeCare. When there is a business of 2500 BV on the left team and 2500 on the right team a distributor gets 1 Active Bonus Point. If he makes 5000 on the left and 5000 on the right, he or she gets 2 active points. The company shares 30% of BV for active bonus income.
How is Active Bonus calculated in OKLifeCare?
Suppose total OKLifeCare business turnover for this month = 10 LAC BV
30% of 10 lac BV = 3 lac BV.
The number of Active points generated = 600.
Income from 1 active point = 3 lac/600 = 300000/600 = Rs 500.
Max payment from active bonus income = Rs 1,20,000
Income 3 from OKLifeCare {Consistency Bonus}
If a distributor gets 1 active bonus for 3 consecutive months, he is eligible for the consistency bonus. This is paid from the 4th month. The company shares 10% of BV for consistency bonus income.
How is Consistency Bonus calculated in OKLifeCare?
Suppose total OKLifeCare business turnover for this month = 10 LAC BV
10% of 10 lac BV = 1 lac BV.
The number of Consistency bonus points generated = 100.
Income from 1 consistency point = 1 lac/100 = 100000/100 = Rs 1000.
Max payment from consistency bonus income = Rs 80,000
Income 4 from OKLifeCare {Super Active Bonus}
If a distributor is able to earn 20 active points in a calendar month, he gets a Super Active Bonus point. The company shares 15% of BV for super active bonus income.
How is Super Active Bonus calculated in OKLifeCare?
Suppose total OKLifeCare business turnover for this month = 10 LAC BV
15% of 10 lac BV = 1.5 lac BV.
The number of Super active bonus points generated = 10.
Income from 1 Super Active point = 1.5 lac/10 = 150000/10 = Rs 15000.
Income 5 from OKLifeCare {Car Fund}
When a distributor maintains a minimum of 1 Super Active Bonus point for 3 consequent months, he or she is eligible for Car Fund. 1 Active Bonus = 1 Car Fund. Similarly 2 Active Bonus = 2 Car Funds. The company shares 7.5% of BV for super active bonus income.
How is Car Fund calculated in OKLifeCare?
Suppose total OKLifeCare business turnover for this month = 10 LAC BV
7.5% of 10 lac BV = 75000 BV.
The number of Car Fund points generated = 5.
Income from 1 Car Fund point = 7.5k/5 = 75000/5 = Rs 15000.
Income 6 from OKLifeCare {House Fund}
When a distributor maintains a minimum of 1 Super Active Bonus point for 6 consequent months, he or she is eligible for House Fund. 1 Active Bonus = 1 House Fund. Similarly 2 Active Bonus = 2 House Funds. The company shares 5% of BV for super active bonus income.
How is House Fund calculated in OKLifeCare?
Suppose total OKLifeCare business turnover for this month = 10 LAC BV
5% of 10 lac BV = 50000 BV.
The number of House Fund points generated = 2.
Income from 1 House Fund point = 50k/2 = 50000/2 = Rs 25000.
Income 7 from OKLifeCare {Flagship Bonus}
OKLifeCare pays 10% of total income excluding flagship bonus to the distributor’s direct sponsors.