Qnet Egypt- A flourishing business venture

It was earlier known as GoldQuest but was later rechristened to Questnet or QNet Ltd. This is a direct selling enterprise which is publicly owned by the Q1 Group. Qnet sells a wide range of products ranging from jewelry items, watches, holiday and tour packages, energy packages along with health and wellness products. The company has a simple, straightforward marketing strategy. It style of operations are governed by the multi-level-marketing model. The company trains and incorporated Independent Representatives who then are provided with a virtual office to promote the company and its products. On every sale they make, they are given a fixed percentage of compensation apart from the overall compensation depending on the sales volume of their entire team which operates in a binary fashion. The company has registered offices in different Asian countries like India, Taiwan among others. In India, the company head office is in Chennai. Qnet Egypt is a highly successful venture.

Qnet Egypt is rather popular for providing jobs to scores of people who went jobless during the recent recession which hit the global economy. During the world recession of 2010, Egypt, much like other countries was grappling with steep prices and loss of jobs. Many people who lost their jobs due to recession were desperately looking out for alternative jobs to make a living. In such difficult times, the firm proved to be quite beneficial to these people. Also, Qnet Egypt also offered these people an opportunity to live the same life full of comfort and luxury which they were used to before the recession. The company started out with an out-of-the-box idea and this is one reason why it was able to sustain in a highly volatile industry. The company launched a series of schemes and with a well-defined marketing strategy; they were able to stay afloat during the grim situation. Though the company launched genuine, well researched schemes, it also gave an opportunity to many fraudsters and con artists to cash on the company’s name and launch Ponzi schemes and plans which became a trap for innocent people. Hence, the company earned a bad name in the recent times. However, the company has stuck to its core values and ethics and come out as a highly successful multi-level-marketing company which solely functions on the multi-level-marketing model.

The firm had a tough time convincing people in the beginning that they were not a fraud company and was operating in the industry with a genuine purpose to bring a positive change in the lives of many. Many people perceived the company to be a fake one and its schemes were often considered to be fishy and unreliable. However, over the years, Qnet Egypt proved its mettle by consistently providing high-quality products across different product categories to its customers. It also gives a chance to them to earn money by referring other people who are willing to buy the company’s products.