Dear All Leaders & Distributors-India,
Further to our discussion with you all in various forums, the product prices will now change upwards effective 27th October, 2016. We will now be increasing the Distributor Price (DP) and Bonus Value (BV) by 10% of all the products. The MRP of the products will remain unchanged. Please contact the Branches and Franchises for the revised price list.
We will appreciate if you all could communicate this price change to all your downlines immediately. We thank you for your understanding and continuous support
Cicular for Franchises
In lieu of the price increase on our products, please note the following process that will come to effect from midnight today and be effective from 27th October onwards.
There will be a situation that many of the Franchisees will have stocks that they would have purchased in October or prior months, which would not have been sold or punched in system against Distributor numbers. For all such stock, the differential amount between the new price and old price will need to be collected from you to ensure smooth operations for you and the Company. We will make an inventory sheet and send to you for your records along with the debit note that for the differential amount.
For further clarity for some of you, we have increased the price of the product by a certain percentage now, the same products would have been purchased at different costs prior to bonus month of October, and hence the PV and BV will now change. When you sell the products to the Distributors, you will be selling the products at a new price with new PV and BV which is increased. You would have purchased the products prior to October at a cost lesser than the new price which is just been introduced. Hence the difference of this price is now recoverable from you and hence the process is being communicated through this circular.
We thank you for your understanding.