NEW DELHI, INDIA / ACCESSWIRE / April 26, 2017 / Any time you hear about a multi-level marketing (MLM) or network marketing company these days, it seems that there is a negative association attached to the idea. And yet, network marketing is simply a way for companies that produce goods to distribute them without necessarily owning and operating retail storefronts. Independent representatives (IRs) purchase goods, which they go on to sell, earning a profit and virtually operating as their own bosses.
A recent study conducted by the India Multi Level Marketing Institute examined multiple operations, such as Avon, Mary Kay, Qnet, and Tupperware. These are clearly not schemes, of the pyramid type or any other variety. So why are network marketing companies so often painted as unethical? Unfortunately, there are a lot of bad apples out there posing as legitimate MLM companies to extort money from unsuspecting customers while offering nothing of value in return.
Over in Asia QNET, one of Asia's leading direct selling companies, has come under fire from those accusing the business of operating a pyramid scheme. This couldn't be further from the truth.
What Does QNET Offer?
QNET offers products in a variety of categories, including Health and Wellness, Personal Care and Beauty, Watches and Jewelry, Technology, and Holidays. QNET relies on a network of Independent Representatives to distribute their products and grow their brand. This network marketing model benefits both the company and IRs in a number of ways. The company saves money on overhead because they don't have to operate retail stores and pay salaries. IRs get to become their own bosses, set their own hours, and invest as much or as little time and money as they want. In addition, QNET provides representatives with education and tools that will help them to make sales so that everyone can profit. When representatives feel confident about the products they are buying and selling, they have a greater opportunity to succeed and the company enjoys greater brand recognition. Everybody wins.
How is QNET Different from MLM Schemes Examined by India MLM?
QNET is different in a few very important ways. First of all, QNET offers value for the money IRs spend on products. There are no empty promises. While pyramid schemes are notorious for offering "get rich quick" schemes and then providing no support to help representatives sell products, QNET provides training and tools designed to ensure success. In most cases, the real goal of pyramid schemes is recruiting, not selling actual goods, because recruitment earns commissions. QNET offers no commission for recruiting - IRs only make money from direct selling.
Finally, pyramid schemes are buyer beware - those who spend money will never get it back, even if they have a legitimate complaint. QNET offers refunds when warranted. According to Nishchal Churamani, the Head of Corporate Communications for QNET in India and other locations in Europe, "The entire procedure is strictly in compliance of the provisions of the Sale of Goods Act. What's more, like any other refund process, the company has done refunds to the tune of almost INR 100 crore in the last four years for genuine complaints." In other words, not all MLM companies are pyramid schemes, despite the fact that some have given the entire industry a bad name. QNET is a legitimate business providing opportunities for self-motivated professionals in 30 countries across the globe.
SOURCE: India MLM Institute