QNET fraud: hollow rumours aimed to destroy company reputation

Jun 14
09:53

2013

Sharad Gaikwad

Sharad Gaikwad

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A measure of a man’s success is when people start spreading rumours about him. The more successful one becomes, the more people are jealous and start spreading rumours about you.

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This principle somewhat applies to the businesses as well. If a company in a certain market starts doing exceptionally good business,QNET fraud:  hollow rumours aimed to destroy company reputation Articles some of its competitors start spreading rumours about it. Some good business ventures have gone down fighting the negative image created by such rumours. But some companies have also successfully thwarted these kinds of rumours and stayed in business. Despite many rumours of QNET fraud, the company is doing well in many nations around the globe. The success of the company lies in the good quality products, honest IRs and the power of direct selling.

The company has a strong presence in many countries around the world. The entrepreneurs that work for it are called Independent Representatives (IRs). These IRs perform direct sales of the products offered by the company and get rewarded for their efforts. Direct selling is face to face sale to the consumer, eliminating the supply chain mechanism. This helps in reducing the extra costs involved with the management of supply chain and lets the consumer buy the product at a comparatively lower cost. The process is simple and very transparent. Still some people believe in QNET fraud rumours and form a prejudice against direct selling and the company.

If the rumours about QNET fraud were true, how could the company be a member of prestigious associations like Direct Selling Association of Malaysia? It is also a member of the Direct Selling Association in Singapore, a country well known for its stringent legislation. This Asian direct selling power-house has been expanding in new market as well. Ina recent V conference 2013 hosted in Malaysia, several new ranges of products were launched in the blockbuster presence of more than 6000 entrepreneurs. The IRs were educated about these new products and encouraged to sample and use the products themselves to get to know their useful properties in a better way.

A strict ethical code and moral practice oversees the actions of the company and are one of the major reasons of its accomplishments in the field of direct selling. The IRs is imbibed with the spirit of honest networking and business transparency, through various workshops. They are also kept up to date about the products in company’s kitty through company publication, Aspire. The magazine keep the IRs as well as the consumers about various success stories of the company’s many programs, consumer experiences and philanthropic work. This MLM giant is well known for not shying away when it comes to giving back to the society. The Corporate Social Responsibility (CSR) arm of the company, RHYTHM Foundation is well known for its philanthropic work throughout the world. Additionally, the company is certified by Trustee, which indicates that when you are purchasing products from the company’s online gateway, you can rely on the website to keep your personal details confidential. Not many companies take that level of care when it comes to their online trades.