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2.8

Summary

Modicare Ltd (Modi)
Kritika Singh@kritikasingh16
Sep 09, 2021 04:01 PM, 19769 Views
(Updated Sep 09, 2021)
Product cost is higher than market rate

Modicare products cost higher than market rate of similar products of popular brands. For instance, their bathing soap costs Rs 115, wjereas we can find a variety of bathing soap from better brands at a cost of Rs 30-60. Quality is just "okay", nothing extraordinary. I don’t like their chain formation system of MLM. Every member is asked to refer and make a certain number of people join the business like multi-level marketing. This referral is done for making profit and career growth of the existing member.

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