In this article, we will give information about Winfinith Marketing, which is a network marketing company. In this article, you will get information on the following key points.
- Winfinith Company Details
- Winfinith Compensation Plan
- Winfinith Products Review
Lastly, we’ll also answer some of the most important questions about Winfinith.
What is Winfinith?
Winfinith Marketing is a product-based direct selling company, which was started on 15th April, 2020 from Bangalore. The current directors of this company are Jagdish Manjunath., Mahesh Degla, and D Varhala Reddy.
Winfinith is registered under MCA as WINFINITH MARKETING PRIVATE LIMITED. It has more than 100 products and the company has also completed a turnover of 100 crores in its first year itself.
Despite being a new company, Winfinith has performed quite well.
With Winfinith, anyone can join as a Director Seller. To join, one has to buy products from Winfinith and earn commission by selling them further. Apart from this, you have to do the work of connecting people in this.
Under the direct selling guideline, you will not get money just by connecting the people to the direct selling company. Rather, when your downline ie added people will also buy the company’s products, you will get some percentage commission on it.
Winfinith Company Profile
|Name||WINFINITH MARKETING PRIVATE LIMITED|
|Directors||VARAHALA REDDY DHARMALA, JAGADEESH MANJUNATHA, DEGALA MAHESH|
|Incorporation Date||15 April 2020|
|Head office||Bangalore, Karnataka|
|Product Categories||Personal Care, Wellness, Agriculture|
Winfinith Marketing Joining and Products
You can join the company by having some legal identity proof like PAN card, Aadhar card and bank account. For more information, you can contact any existing Winfinith distributor.
After joining the company, you have to become a distributor to earn money and take other benefits from the company’s business plan, for which you have to take 500 BV products of the company, which are between 1200 to 1500 rupees.
Talking about the product of Winfinith Marketing, it provides products of personal care, health care, house hold, apparel, agriculture and etc. category and most of the products of the company are not more expensive than other brands and the packaging of the product is also good. .
Winfinith Marketing Income Plan
Winfinith provides total 9 types of income to its distributor which are as follows.
- Retail Profit
- Business Building Bonus
- Team Building Bonus
- Sponsor Supportive Bonus
- Level Achievement Bonus
- Infinity Bonus
- Unlimited Car fund
- Unlimited House Fund
- Luxury Fund
In the next article, we will understand all the income in detail, but before that we should understand BV.
BV is a type of currency unit of the company, whose full form is Business Volume. The value of 1 BV is around Rs 2 to 3 and on the purchase of every product, some fixed BV is available, which is used to calculate the income.
1. Retail Profit
Like most companies, Winfinith Marketing also gives retail profit income, under which you can earn Retail Profit, that is, retail profit by selling the company’s product at MRP.
In this income, the product is given by the company to the distributor in the DP (Distributor Price), which is a discount of 20 to 30 percent from the MRP and by selling this income can be found by the distributor.
2. Business Building Bonus
Under this income, 4% income is available on the purchase of the product itself and for every 500 BV matches, 1 BBB point is available, the value of which is decided by the company.
This income is available only up to Bronze Director level.
3. Team Building Bonus
To get this income, you have to do recruitment. To get this income, you have to do 2,500 BV in two legs and get 1 TBB point for every 2,500 BV match, which is worth around Rs 220
Under this income, 25 percent of the total monthly turnover of the company is divided among all the qualifiers. As soon as you get this income, your level becomes Winfinithis.
4. Sponsor Supportive Bonus
Under this income, you get 15% of the total income of your direct downline and you get this income till you become Emerald Director.
5. Level Achievement Bonus (LAB)
Under this income, 10 percent of the total monthly turnover of the company is divided among all the qualifiers. This income is available up to the Crown Director level.
To get this income, 5000 BV matches have to be done and for every 5000 BV matches, a LAB point is given by the company, whose value is around 230 rupees.
To get Bronze Director level, a total of 25,000 BV matches have to be done and it is not necessary to do this matching in 1 month only. Matching of 25,000 BV can also be done in pieces.
6. Infinity Bonus (IB)
To get this income, 50,000 BV matches have to be done and for every 50,000 BV matches, one IB point is awarded by the company, which is valued at around Rs 4,000. As soon as you get this income, your level becomes Silver Director.
7. Unlimited Car Fund
To get this income, matching of 50,000 BV has to be done for three consecutive months. On completing this work, this income starts getting.
Once the income is activated, for every 50,000 BV matches, one Car Fund point is available, which is valued at about Rs 1750. As soon as you get this income, your level becomes Platinum Director.
8. Unlimited House Fund
Similarly, to get this income, a matching of 50,000 BV has to be done for six consecutive months. On completing this work, this income starts getting.
After income generation, for every 50,000 BV matches, one House Fund point is available, which is valued at around Rs 1600. As soon as you get this income, your level becomes Emerald Director.
9. Luxury Fund
This income is mainly given for shopping and traveling. To get this income, a matching of 1,00,000 BV has to be done and for every 1,00,000 BV match, a Luxury Fund point is given by the company, which is valued at around Rs 3600.
How much does it cost to join Winfinith?
Due to the Direct Selling Guidelines, now there is no joining fee for any MLM company including Winfinith. But now there is a need to buy products, from Winfinith you will have to buy an average of 1500 rupees initially.
What are the requirements to join Winfinith?
To join Winfinith, you need to have aadhar card. If you are under the age of 18, you can provide parental information. Apart from this, the information of PAN-card and bank account will have to be given to Winfinith.
Do people have to connect in Winfinith?
Yes, in Winfinith you have to connect people. But this is not necessary, in this you can earn only retail profit, only by further selling Winfinith products at MRP. But if you want good income from MLM, then it is very important to connect people.
Is Winfinith Company a Fraud?
No, Winfinith is a certified network marketing company, a product based and fully legal company. You can’t call it fraud.
Can I give back Winfinith products?
Yes, under the ‘Direct Selling Guidelines’, you can get money refund from the company by giving back the products of Winfinith within 30 days. But the products purchased from Winfinith should be in return state ie packaged.
How much money can I earn from Winfinith?
How much money you can earn from Winfinith, it completely depends on you, how big and active your team is. Otherwise, it usually takes 3 to 4 years of continuous hard work to be successful in an MLM company like Winfinith, only after that there is a possibility of good income.