Qnet,Egypt-,flourishing,busine business, insurance Qnet Egypt- A flourishing business venture
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It was earlier known as GoldQuest but was laterrechristened to Questnet or QNet Ltd. This is a direct selling enterprise whichis publicly owned by the Q1 Group. Qnet sells a wide range of products rangingfrom jewelry items, watches, holiday and tour packages, energy packages alongwith health and wellness products. The company has a simple, straightforwardmarketing strategy. It style of operations are governed by themulti-level-marketing model. The company trains and incorporated IndependentRepresentatives who then are provided with a virtual office to promote thecompany and its products. On every sale they make, they are given a fixedpercentage of compensation apart from the overall compensation depending on thesales volume of their entire team which operates in a binary fashion. Thecompany has registered offices in different Asian countries like India, Taiwanamong others. In India, the company head office is in Chennai. Qnet Egyptis a highly successful venture.Qnet Egyptis rather popular for providing jobs to scores of people who went joblessduring the recent recession which hit the global economy. During the worldrecession of 2010, Egypt, much like other countries was grappling with steepprices and loss of jobs. Many people who lost their jobs due to recession weredesperately looking out for alternative jobs to make a living. In suchdifficult times, the firm proved to be quite beneficial to these people. Also, QnetEgypt also offered these people an opportunity to live the same lifefull of comfort and luxury which they were used to before the recession. Thecompany started out with an out-of-the-box idea and this is one reason why itwas able to sustain in a highly volatile industry. The company launched aseries of schemes and with a well-defined marketing strategy; they were able tostay afloat during the grim situation. Though the company launched genuine,well researched schemes, it also gave an opportunity to many fraudsters and conartists to cash on the companys name and launch Ponzi schemes and plans whichbecame a trap for innocent people. Hence, the company earned a bad name in therecent times. However, the company has stuck to its core values and ethics and comeout as a highly successful multi-level-marketing company which solely functionson the multi-level-marketing model. The firm had a tough time convincing people inthe beginning that they were not a fraud company and was operating in theindustry with a genuine purpose to bring a positive change in the lives ofmany. Many people perceived the company to be a fake one and its schemes wereoften considered to be fishy and unreliable. However, over the years, QnetEgypt proved its mettle by consistently providing high-quality productsacross different product categories to its customers. It also gives a chance tothem to earn money by referring other people who are willing to buy thecompanys products.
Qnet,Egypt-,flourishing,busine