RCM business plan 2024 | RCM business plan Full Information
Hello friends, welcome to all of you today’s RCM Business Plan in this article, you all know that today all the companies are doing network marketing ie direct selling business in India, one of them is RCM company, so through this article, We are about to get information about the business plan of RCM company! That is why this article is very important for all of you because all this information will benefit you a lot and it will be easy for all of you to understand RCM Business Plan Hindi, so let us start the article!
Table of Contents
What is RCM?
RCM – RCM This is a network marketing company doing business in direct selling! Talking about the full form of the word RCM, the full form of RCM is (Right Concept of Marketing), which is a private limited company and it was established in the year 1988, April!
It is registered with ROC under MCA in Jaipur, Rajasthan. But RCM company started direct selling, MLM plan in the year 2000. The current directors of the RCM company are two people, one is Karun Jain Cachar and the other is Tilok Chand Chhabra. The main office of the company is located in Bhilwara, Rajasthan!
The company was developing itself very well in the beginning! But in the year 2011 The Rajasthan government tightened its grip on a company that scammed people of 200 crores and at the same time, the Rajasthan government raided all other network marketing, direct selling,
MLM companies and started closing the companies in which the RCM company was also there. ! If seen, at that time the Government of India or any state government did not have any right guidelines for network marketing, direct selling, MLM industry! Then in the year 2016, looking at the future of the MLM industry, a guideline was issued that, following all those guidelines, RCM company proved itself and again took its business forward rapidly!
How much does it cost to become a distributor in an RCM company?
According to the Direct Selling Guidelines of 2016 Government of India, now you do not incur fees to join any MLM company, but you are required to buy the product of that company, then to become a distributor in RCM company, on average, you will get a product of Rs 1000 initially. Gotta buy!
What are the requirements to become a distributor in the RCM company?
To become a distributor in RCM company, a person must have an Aadhar card, his age must be 18 years old, if the age is less than 18 years then he can join in the name of his parents! To become a distributor in RCM company, PAN card, and bank account information is also necessary!
RCM is a network marketing ie a direct selling company. Like the joining process of every MLM company, any person in an RCM company can also join a direct seller in RCM! To become an RCM distributor, it is very important for you to buy the company’s product!
For which you have to buy products worth at least Rs 1,000, then you get the title of RCM Distributor! And the distributor gets all the products at a discount meaning less than their price!
So that the distributor can sell those products to their full Sell at a price, and make a retail profit! After that the most important thing the RCM Distributor has to do is that they now have to recruit in their team, that means by the same process you have joined the company, you have to join new people in your team, then some profit is given to you.
And one thing is always to be remembered that you are not given money for joining people, but when those people buy the product, then you will get profit according to the income plan of the company!
RCM Income Plan
Now we take information about the company’s income plan, then you will get to know how much money the RCM company gives to the distributor and what type of income will be provided to you by the company!
What does BV mean?
The business plan of the RCM company is one of the main components, on the basis of which income is given to all the distributors. It is called BV but the full form of BV is Business Volume. this Business volume is determined by the amount of the product you sold, so now let’s understand further! Let us see how many types of income are given to the distributor in the RCM company, and how many conditions the distributor has to cross for that income!
In RCM company, you are given three types of income, and know who it is!
1) Preference Bonus 2) Royalty Income 3) Technical Bonus
Now let us understand these incomes in detail!
Performance Bonus
As per the performance bonus, RCM company gives a certain percentage of income to all the distributors on a certain BV (Business Volume)! Now we understand how much income we are given on how much BV!
BV Performance Bonus
Business Volume
% Performance Bonus
5,000 – BV
10%
10,000 – BV
12%
20,000 – BV
14%
40,000 – BV
16.5%
70,000 – BV
19%
1,15,000 – BV
21.5%
1,70,000 – BV
24%
2,60,000 – BV
26.5%
3,50,000 – above BV
29%-32%
For example:-
If a person named Shyam is a distributor of RCM company and he gives BV of 5,000 to the company in this week! So according to the above chart, Shyam made 5,000 BV then RCM company gave Shyam 10% According to the percentage, Rs 500 will be given as a performance bonus!
Royalty Income
According to RCM company, 3% to 8% royalty income is given to the distributor.
Total BV in the top leg
Total BV in the rest of the other leg
% Royalty on the BV of the top leg
Above 3,50,000
More than 1,15,000
3%
More than 3,50,000
More than 1,70,000
4.5%
Above 3,50,000
More than 2,60,000
6%
Above 3,50,000
More than 3,50,000
8%
To get royalty income, the RCM distributor has to fulfill certain conditions which are as follows!
If RCM Distributor wants to take 3% royalty income then it is mandatory for them to do business of 3,50,000 BV in their top leg and 1,15,000 BV in the rest of the other legs!
RCM Distributor wants to take 4.5% royalty income then it is mandatory for them to do business of 3,50,000 BV in their top leg and 1,70,000 BV in the rest of the other legs
The distributor wants to take 6% royalty income, then it is mandatory for them to do business of 3,50,000 BV in their top leg and 2,60,000 BV in the rest of the other legs!
distributor wants to take 8% royalty income, then it is mandatory for them to do business of 3,50,000 BV in their top leg and 3,50,000 BV in the rest of the other legs!
The distributor has to buy himself more than 1500 BV of products annually for royalty income!
If a distributor has more than 3,50,000 BV in the other legs with (3,50,000+BV) in the top leg and more than 1,15,000 BV in the rest of the legs,
then the distributor has to do two legs (3,50,000+BV) But royalty income will be given!
Technical Bonus
RCM company distributes 1% to 5% of the company’s entire BV turnover to its distributor as a technical bonus!
Total BV in the top leg
Total BV in the second leg
% Technical Bonus on Top Leg BV
Over 5,00,000
Over 5,00,000
1%
Above 10,00,000
Above 10,00,000
1.75%
Over 22,00,000
Over 22,00,000
2.50% higher
Over 48,00,000 Over
Over 48,00,000 Over
3%
Over 100,00,000
Over 100,00,000
3.5%
Over 200,00,000
Over 200,00,000
4%
Over 500,00,000
Over 500,00,000
4.5%
Over 1000,00,000
Over 1000,00,000
4.75
Over 2500,00,000
Over 2500,00,000
5%
In order to get the technical bonus, the distributor has to fulfill certain conditions which are as follows!
For Technical Bonus RCM Distributor is required to buy 1500 BV worth of products himself every month! And one thing to note is that the RCM distributor has to buy 1500 BV in the year in which they want to get the technical bonus!
For Technical Bonus, RCM Distributor is required to receive 8% Royalty Income for 3 consecutive months!
If any RCM distributor has more than 5,00,000 BV business in any leg other than the top leg, then that distributor can still get a technical bonus from that leg!
I understand that you have RCM Business Plan. RCM Business Plan Hindi If you have read this article properly and completely and have understood all the information given to you in this article, then you will also benefit from this information and share this information with your friends also.
Do it so that they also get this information! To stay connected with us and for all such important information, press the bell button next to it and allow the incoming notifications so that you can get other information immediately! For all such information, you stay with us like this! Thank you..!!
