In this post, we are going to talk about QNet Business, which is an international direct-selling company. And how can you become a successful businessman by starting this business in India? We will discuss it today.
Looking at the increasing unemployment in India, many people now think about starting a business in today’s time. However, due to a lack of proper guidelines, they are not able to start a business. But now you do not have to worry because QNet is a business model that provides an opportunity for new people to do business.
If many people in India want to do business independently as per their wishes, then QNet business can be the best option for them. We will learn the important aspects of QNet business in this blog post. How can this business model help you? How can you earn money by starting this business? What are the benefits of doing business? Does it have a future in India? How should you start this business? Everything will be explained in this blog post.
If you are also thinking about making your business dreams come true, then you have to read this post till the end and know how this QNet business plan can help you.
What is QNet?
QNet is a direct-selling company founded in 1998 in Hong Kong and owned by Qi Group. The founders of QNet are Vijay Eswaran and Josep Bismarck. Qnet was previously known as QuestNet and Gold Quest.
What games has QNET been involved in?
Qnet participated in the support of the 2000, 2004, and 2008 Olympic Games, of which they were the main coin distributor in 2000.
In addition, Qnet was also the coin distributor at the 2002 FIFA World Cup, and they received licensed distributor status in 89 countries.
Qnet is a leading direct-selling company that has promoted its advertising extensively.
In 2009, Qnet also became a sponsor of the Asian Football Confederation.
Qnet in India.
As I have told you, QNet is a direct selling company; its business is spread in about 30 countries like Thailand, Turkey, Saudi Arabia, the United Arab Emirates, Malaysia, etc., but the number of people in this company is higher in India than in the country.
Qnet is registered under MCA in India under the name Vihaan Direct Selling Private Limited.
Qnet Company, which has been doing business in India for a long time, has many objections to this.
In 2019, the Cyberabad police cracked down on Qnet and nabbed 70 people who used the pyramid scheme to dupe people.
The police sent notices to actors like Anil Kapoor, Shah Rukh Khan, Boman Irani, Jackie Shroff, Vivek Oberoi, and Pooja Hegde who were involved in the promotion of Qnet.
In 2020, there was a loss of 1.2 crore investors against Qnet, which was reported to the Odisha Police.
Legal action against Qnet has not only happened 2-3 times; many cases have gone against Qnet even before this, and mainly it is alleged that this company has made false promises of high profits by selling very expensive products.
In 2014, in the initial year of this company, the court of Mumbai blocked its three websites, www.questnet.net, www.qnetindia.in, and www.qnet-india.com, in India by CERT-In.
Although this company has continued its business in India, it has also managed to make its place in the list of legal direct-selling companies.
QNet Company Profile Details
- Name: Vihan Direct Selling Pvt. Ltd. (India)
- CIN = U52399KA2011PTC0730
- Registered Date: October 10, 2011
- Directors: Dilipraj Pukkela, Muhammad Imtiaz
- Head office in Bangalore, Karnataka
- Website: www.qnetindia.in
- E-mail address: grievancecell@qnetindia
What is the QNet business model?
The QNET business model is based on a direct selling model in which various products and services are delivered directly to consumers by the company through its representatives. The company also sells its products through its own website and Connection Store to small merchants and through a printed website on its own e-commerce platform.
The QNET business model specifically uses referral marketing, where the representatives spread awareness about the products and services among their contacts and others to sell them and encourage them to join their team.
The QNet business plan
- As I have already told you, the QNet business plan is based on direct selling, so anyone can join it very easily. To join, you first need to buy its product.
When a person buys a product from this company and becomes a member of QNet, that person is known as an IR (Independent Representative).
After becoming a member of QNet Company, you have to do two things.
1. To buy and sell products
2. Adding new peopleBuying and Selling of Products: After becoming a member of QNet, you have to buy as many products as possible from the company and sell them to your friends, relatives, and acquaintances. The products of QNet and Direct Company are only available to IR, and they get cheaper, so IR earns a good profit by selling those products at the market retail price.Adding a new one: As long as you keep buying and selling the products of this company, you will continue to earn. But if you do not want to sell and then want to earn, then for this you have to add new people to this business, which is called the downline of IR.
When a person buys the company’s products in the downline, a certain percentage also gets to the upline.
Now you are going to know how much and how to get this commission and how to earn money from QNet
How to make money from the QNet business
With QNet Company, you can earn money in five ways by becoming an IR (Independent Representative).
1. retail profits- When you buy products from the company and sell them to any customer at their MRP, the profit from the customer is called retail profit; this profit can be 10 to 20%.
2. step-sell incentive – When your IR joins a new member below you on the left and right sides, it is called a step-sell incentive. The rule is that when the IR joins a new member on his left and right within 28 days, the company has to give 3550 rupees as a reward in the account of the IR. After this, if IR joins two more new people on the left and right sides of his ID within 42 days, then again, the company gives him a reward of Rs 3550.
3. Repeat sales point income – When you buy and sell products repeatedly to earn retail profit from IR, then on every purchase, the company gives some bounce points to IR. If these points become 10,000, then the company gives a reward of Rs 19,500 to the IR for those points. This is called repeat sales point income.
4. Rank Maintenance Income – When you work for any direct-selling company, as the growth of your business increases, so does your position. Similarly, QNet has also set some positions, and to get this position, you need to be in the Diamond or Blue Diamond Star position.
5. Monthly Rank Achievement: It is clear from the name that this rank is given by the Achievement Company when an IR of the company reaches a new rank. Each position is earned differently by the company’s terms of achievement.
the retail profits
What products are sold by QNet Company?
- As you all know, QNet is a direct-selling company, and every direct-selling company sells some or another product. So QNet is also one of them. When it comes to QNet products, it sells the following:
• Home and Living
• Technology.
• Holidays.
• Personal care
• Health and well-being
• Education.
Let us tell you that the price of QNet products is quite high. After joining QNet, their products have to be purchased in the form of packages, and the price of their packages can be in the millions. It can be extremely difficult for ordinary people to buy QNet products.
The advantages of the QNet business
Some of the advantages of the Qnet business are as follows:
- 1. Increase in income: Through the Qnet business, you can increase your income. You can provide different products and services to grow your business, which can help you earn more profit.
- 2. Freedom: Qnet Business provides us with freedom as we can allocate our time and effort. We can plan, manage, and schedule our own business.
- 3. Opportunities for collaboration: In Qnet business, you also get opportunities for partnerships so that you can grow your business. You can refer others to become members of your team, and this can increase your income.
- 4. Training and Development: In the Qnet business, you get opportunities for training and development. You are provided with training dedicated to product information, sales training, business building, and network marketing.
- 5. International opportunities: Through Qnet Business, you can also find international products and business opportunities. You can expand your business and promote your products in different countries.
- 6. Health and Personality Development: Through Qnet products, you can develop your health and personality. This can have more benefits, such as self-reliance, self-confidence, and positive thinking effects.
With all these advantages, Qnet business can be a good opportunity for you that can give you success and financial stability after the hard work of your business.
What is the QNet future in India?
Absolutely. QNet’s future in India looks very bright and prosperous. Its growth has been rapid in the last few years, and less investment is required to start the QNet Network Marketing business in India. Achieving success takes hard work and dedication. But note that joining QNet is not a path to simple success. Joining QNet is more suitable for people who are entrepreneurial and enterprising, who are looking for a commercial opportunity, and who are ready to start their own business.
Speaking of QNet’s growth, the number of direct sales is projected to be around 18 million by 2025. So, seeing the possibility of starting a business by buying QNET’s products in India, you are on the path of entrepreneurship.
I hope I have helped you understand more about QNet and its future in India. If you have any questions or would like to be more involved in the discussion, please comment below and join the conversation.
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