I was talking to a friend about Network Marketing for a project. We were discussing about the rapid growth of this field. Our discussion was not complete without the mention of QNET.
It is a well-known direct selling enterprise, whose rise to success has been a very motivating one. I found the company’s story to be very fascinating. I made a case study on the growth of this network marketing empire in my research. I would like to share a few points, so that preconceived ideas can be cleared and false notions can be discarded. In the end, it is an authentic way to earn additional money, which can supplement your salary. Untrue stories and reports should not shake your belief in the ideologies and products offered by this company.
It was formed in 1998 and has made its way out through all the obstacles. In the world of multilevel marketing, it is a true winner. Independent Representatives, who market the products of this company, are located in more than 100 countries. This is a point to bring out the expansion of the company into various parts of the world. It has been in this field for 14 years. QNET has definitely proved a research wrong, which stated that 50% of businesses fail within 5 years of their conception. If you add Asia and Multilevel marketing to this lethal mixture, the number can rise to 95%. The business model of this company is very unique. It has successfully combined direct selling and network marketing. The appeal of this combination increases, if you add the power of Internet and an impressive range of products.
When the company launched its website, it was one of the first Asian companies to lead the dot com revolution. In the beginning, products like watches, coins, medallions etc…were offered by the company. When any business is launched, companies need some time to establish their reputation. This was not the case with QNET. Two years after its inception, the company started its own e-store that was unified into a proper website. One of the company’s significant achievements was the permission to distribute honouring coins for Olympic Games in 2000, held in Sydney. The interesting part about the company’s growth is its progress during Asia’s troubled financial phase. It is truly commendable! They opened offices in different countries, during this on-going crisis. It is no surprise that network marketing has been called ‘recession proof.’ After 2003, this company has not faced any hindrance. It has kept on moving forward and changed lives. One of the products that received tremendous appreciation was Amezcua. The company has successfully created a special space for themselves in everybody’s life and heart. It has efficaciously enjoyed a strong position in Network Marketing, because they execute unique and novel ideas. They have continuously come up with something interesting and fascinating. Social media has further cemented this company’s position. It has brought people closer to their satisfying products. This company has completely changed the manner in which MLM business was seen and understood.
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