Success of QNET Shows How People Without a Business Background Can Do Well

Oct 24, 2013 15:56 +08 Success of QNET shows how people without a business background can do well Direct selling could provide much-needed job creation to accommodate population growth as well as rising standards of living, an industry player said. QNET Ltd managing director JR Mayer said the world today is in a consolidation of the workforce that cannot possibly provide enough jobs. "Through direct selling, we are able to provide business skills, training and, most important, jobs to developing parts of the world where they (jobs) can be scarce," he told Bernama in an interview. Mayer said according to the World Federation of Direct Selling Associations (WFDSA), which represents direct selling associations from more than 60 countries, the market size of the industry globally grew 5% last year to hit US$153 billion (RM483.3 billion) in sales. He said globally, 90 million people are involved in the direct selling business. QNET, the flagship company of QI Group, founded by Malaysian entrepreneur Datuk Seri Vijay Eswaran and Filipino entrepreneur Joseph Bismark, sells a variety of exclusive lifestyle and wellness products around the world through the multi-level marketing or direct selling method. The company is represented by more than 25 worldwide offices and agencies as well as independent representatives in more than 100 countries. Last year, the company recorded a turnover of about US$500 million (RM1.57 billion) to be ranked among the top five direct selling companies in Asia. Mayer said the direct selling model shows how people without a business background can learn skills and attitudes to keep themselves employed. He said with no gender bias, direct selling or network marketing is perfect for women. "Distributors get paid according to their output. It is fair and equal, and because of the flexibility of time, more women succeed in network marketing than in other professions," he said. Women are better communicators, are good at relating to people, have endurance, do not give up easily, and are great multi-taskers. Mayer said the company has launched the Merchant Programme in Egypt which aims to help small manufacturers market their products through QNET's online store and distributor networks. "QNET is committed to promote and support small and medium entrepreneurs' products, who otherwise have no other way to distribute and market their products." he said. Ranked in the top 30 direct selling companies in the world, QNET's sales have jumped 70% in the last five years and the company is targeting US$1 billion (RM3.16 billion) in sales and a top 10 ranking in the world by 2018. - Bernama, October 23, 2013. Original Article: http://www.themalaysianinsider.com/business/article/success-of- qnet-shows-how-people-without-a-business-background-can-do-well QNET is one of Asia’s leading Direct Selling companies with a dynamic online shopping and business community comprising around seven million customers and independent distributors around the world. The company offers an entrepreneurial network marketing business opportunity and a portfolio of lifestyle products that have been developed to enhance the lives of its customers through innovation, wellness and luxury. Established in Asia in 1998, QNET utilises the direct sales business model on a proprietary eCommerce platform to market and distribute its exclusive products. The company specialises in everyday, consumer brands as well as high-end luxury goods. QNET is a member of the Direct selling Association in Malaysia, Singapore and the Philippines..

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