The success story of Questnet Egypt

Sep 10
09:17

2012

susancastro

susancastro

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Questnet is a direct selling enterprise that has its head office in Hong Kong. The company was earlier known as GoldQuest but it is now known as QuestNet since the year 2003 and is owned by the QI Group.

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Questnet sells a wide range of luxury products along with health and wellness products,The success story of Questnet Egypt Articles luxury items and tour and holiday packages. Questnet offers a profitable opportunity to many ambitious people who look to establish their future with the company. The company has offered jobs to thousands of people who had lost their livelihood due to the recent recession. For all those people who wanted to go back to their life of luxury and comfort, the company offered them a golden chance to resurrect their career. The company operates in several Asian countries. In some countries, Questnet follows the multi-level-marketing strategy along with the ecommerce business model in some countries. During the time of recession in Egypt, many people who lost their job looked for alternative job prospects. In difficult times, Questnet helped them restore normalcy in their life. One of the strengths of the company is its innovative marketing strategy and unique ideas which helped them survive during hard times and also brought a positive change in the lives of many. However, as the company became successful, many of its competitors started maligning the company’s reputation by spreading false rumors about it. There were many negative stories about the company published online. However, these were false rumors as there was no evidence to prove that Questnet Egypt was following illegal practices to conduct their business.

 

Questnet Egypt has flourished over the years. It is one of those firms that have provided alternate job opportunities to the local people who lost their jobs during the recession period. The company followed a simple marketing strategy. Their marketing strategy was entirely based on networking and multi-level marketing. One reason why the company flourished in Egypt is because the compensation that was promised to the independent representatives was delivered on time which strengthened their trust in the firm. In Egypt, the firm now enjoys a base of thousands of satisfied customers as well as employees and has brought a positive change in their lives. Though many people perceive it to be nothing than a pyramid scheme racket, Questnet is much different from other multi-level-marketing companies. There is no rule book which states that multi-level-marketing is an illegitimate way of conducting business. The company has followed all business ethics and does not practice any illegal activity.

 

Though multi-level-marketing schemes sound profitable and easy to execute, they do not work if there is no research or hard efforts put into their execution. One has to work hard if they want the pyramid scheme to be successful. Questnet Egypt succeeded because it followed a well-defined marketing plan and also adhered to all marketing norms and practices. Though the returns were easy to get, the key members had to toil hard to make the company a success in the country.