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A Distributor is appointed for each postal pin code. Distributor is authorized to sell all products displayed under LG through dealer's network. Distributor can enter LG site and create his/her own login under the distributors column at no cost basis which will be exclusively owned by the distributor. The entry Fee for a distributor per pin code is nominal considering the marketing support they would get in their region from us. After the money is accrued in the companys account, distributor is RECHARGED not only for the amount paid but 60% over and above the amount paid.
An example of how it works:
A distributor on payment of Rs 50,000 gets Rs 80,000 worth of credits or Edcredits in LGs parlance. A Distributor gets the edcredits in his/her login and also in his mobile phone as registered in LG.
The distributor then appoints Dealers under his area of operation viz: the pin code for which the distributor has paid. A distributor has the freedom to appoint as many dealers as possible in the said pin code . Upon receiving payment from dealers , a distributor has to transfer 30% of EdCredits to the dealer which can done through by transferring the same from distributors login to dealers login.
A distributor can sell the stocks to none other than registered and paid up dealers.
Payment towards Edcredit transfer paid by dealer to distributor.
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