Is QNET a scam?
QNET is a Hong Kong based Multi-level Marketing company. Founded in 1998, the company provides high-quality products and services to customers, also enabling those customers to build their own sales business by promoting those products and services.
QNET is a truly global business, with major distribution centers located in the Middle East, Africa, Europe, as well as South, East and Central Asia. The company continues to help micro-entrepreneurs in emerging economies all over the world.
But as with any major corporation, there is some misleading information about QNET on the internet. With a quick look at the facts, it’s easy to see that QNET is a legitimate business opportunity.
QNET is a truly global business, with major distribution centers located in the Middle East, Africa, Europe, as well as South, East and Central Asia. The company continues to help micro-entrepreneurs in emerging economies all over the world.
But as with any major corporation, there is some misleading information about QNET on the internet. With a quick look at the facts, it’s easy to see that QNET is a legitimate business opportunity.
How do I make my friends understand that QNET isn’t a scam?
Take the time to explain to your friends that not only is QNET a legal business, but also specifically point out how it is not a pyramid scheme. Most of the time, when people accuse QNET of being a scam, they are worried about pyramid schemes. This is a good opportunity to explain how QNET is a direct sales company. Direct sales companies are completely different from pyramid schemes.
With a pyramid scheme, a person is required to put money in with the promise that many more will do the same, causing that money to come back to them exponentially, making them rich. Pyramid schemes don't work and they are illegal.
QNET on the other hand is a legitimate business opportunity. The company's primary function is providing people with items they want at a fair price. Even those people who are the highest earners with QNET can achieve so much because of their success in creating a sales model with real goods and services.
It's good to let your friends know that you're not touting QNET as just another get-rich-scheme. And while people can see great results quickly, that's due to people carefully following the company's principles, which are the surest way to success with network marketing.
Because QNET is a proven system, you can build a sales model based on what the corporate team has already learned, and taking those principles find success for yourself. With network marketing, it's all about finding the right company to work with, the one that will have a simple, successful system that you can then follow to find your success. In the end, ultimate success with network marketing comes down to the ability to leverage not just the hours you work, but those of the people you sponsor.
With a pyramid scheme, a person is required to put money in with the promise that many more will do the same, causing that money to come back to them exponentially, making them rich. Pyramid schemes don't work and they are illegal.
QNET on the other hand is a legitimate business opportunity. The company's primary function is providing people with items they want at a fair price. Even those people who are the highest earners with QNET can achieve so much because of their success in creating a sales model with real goods and services.
It's good to let your friends know that you're not touting QNET as just another get-rich-scheme. And while people can see great results quickly, that's due to people carefully following the company's principles, which are the surest way to success with network marketing.
Because QNET is a proven system, you can build a sales model based on what the corporate team has already learned, and taking those principles find success for yourself. With network marketing, it's all about finding the right company to work with, the one that will have a simple, successful system that you can then follow to find your success. In the end, ultimate success with network marketing comes down to the ability to leverage not just the hours you work, but those of the people you sponsor.
Why is QNET so often referred to as a scam, a pyramid scheme, and/or a fraudulent business aimed at cheating people?
In understanding this question, it is really important to realize how different a pyramid scheme is from a legitimate direct selling company. A pyramid scheme is a scam and illegal, and it works based on a person receiving a commission for recruiting more people. A direct sales company is entirely different, for a commission is only paid based on product sales. This means that people only earn when real products are sold; this is an entirely legitimate business that allows a person to establish their entrepreneurial pursuits.
In pyramid schemes, people often lose money. To profit requires recruiting more people, not selling goods. Pyramid schemes will also charge their members huge fees and require them to purchase huge stocks of inventory that can't be returned. The products involved in pyramid schemes are often completely without value.
There are generally misunderstandings involved when people accuse direct selling companies of being scams. This might be based on not understanding how much work goes into achieving results with a direct selling company. Or it may be they have become involved with someone dishonest. There are other direct selling companies out there that have poor business practices, and sometimes that ends up reflecting poorly and inaccurately on the reputation of QNET. Amongst network marketing companies, there are plenty of exploitative companies, which have created media reports which have sometimes unfairly mentioned QNET.
QNET has operations in the world's most sophisticated governments, including Germany, Singapore, and Hong Kong, with the strictest laws covering finance and trade. QNET does a great deal to go above and beyond complying with regulations. They believe in creating entrepreneurial opportunities, while at the same time regularly making philanthropic contributions to the local communities where they operate. They believe in stricter regulation of network marketing and direct sales companies, and hope countries will adopt these practices to better distinguish legitimate businesses like QNET from those which are scams.
In pyramid schemes, people often lose money. To profit requires recruiting more people, not selling goods. Pyramid schemes will also charge their members huge fees and require them to purchase huge stocks of inventory that can't be returned. The products involved in pyramid schemes are often completely without value.
There are generally misunderstandings involved when people accuse direct selling companies of being scams. This might be based on not understanding how much work goes into achieving results with a direct selling company. Or it may be they have become involved with someone dishonest. There are other direct selling companies out there that have poor business practices, and sometimes that ends up reflecting poorly and inaccurately on the reputation of QNET. Amongst network marketing companies, there are plenty of exploitative companies, which have created media reports which have sometimes unfairly mentioned QNET.
QNET has operations in the world's most sophisticated governments, including Germany, Singapore, and Hong Kong, with the strictest laws covering finance and trade. QNET does a great deal to go above and beyond complying with regulations. They believe in creating entrepreneurial opportunities, while at the same time regularly making philanthropic contributions to the local communities where they operate. They believe in stricter regulation of network marketing and direct sales companies, and hope countries will adopt these practices to better distinguish legitimate businesses like QNET from those which are scams.
Has QNET been banned in many countries? Do these countries include Saudi Arabia?
QNET itself is not banned in any country, although the direct selling business model has faced numerous challenges in establishing itself internationally. There is a lack of regulation and misinformation about direct selling companies abounds.
In 2009, in Rwanda, there was a ban placed on QNET by the Ministry of Finance, because QNET did not have localized operations. After reaching an understanding and addressing the concerns, the ban was lifted in 2012, QNET set up a local company, and Rwanda now serves as QNET's East African hub.
Saudi Arabia has issued a ban on all direct selling as well as the entire network marketing industry. QNET was not singled out by this ban, but as one of the fastest-growing direct sales companies within Saudi Arabia it did get a great deal of attention in the media.
In 2009, in Rwanda, there was a ban placed on QNET by the Ministry of Finance, because QNET did not have localized operations. After reaching an understanding and addressing the concerns, the ban was lifted in 2012, QNET set up a local company, and Rwanda now serves as QNET's East African hub.
Saudi Arabia has issued a ban on all direct selling as well as the entire network marketing industry. QNET was not singled out by this ban, but as one of the fastest-growing direct sales companies within Saudi Arabia it did get a great deal of attention in the media.
Why is there so much negative material about QNET on Wikipedia?
First off, it's important to understand that with all information on the internet, you have to question the reliability, and Wikipedia is no exception to this rule. No one with any stake in a company is allowed to edit the information that is presented there, and that means that there is no opportunity for the company to respond to allegations no matter how outlandish or incorrect the statements may be.
Wikipedia itself is not a reliable source. Its pages are created by anyone with access to the internet, and anyone is allowed to post information there and edit pages. There have been some real concerns with the accuracy of the information on Wikipedia, and even the company's founder, Jimmy Wales, admitted there were serious problems.
QNET themselves have lodged a complaint with Wikipedia's administrator's regarding the heavy bias of incorrect information the page currently contains, but so far they have not received a response. It is recommended you search for more reliable sources of information for QNET but do beware as there is a great deal of misinformation out there.
Wikipedia itself is not a reliable source. Its pages are created by anyone with access to the internet, and anyone is allowed to post information there and edit pages. There have been some real concerns with the accuracy of the information on Wikipedia, and even the company's founder, Jimmy Wales, admitted there were serious problems.
QNET themselves have lodged a complaint with Wikipedia's administrator's regarding the heavy bias of incorrect information the page currently contains, but so far they have not received a response. It is recommended you search for more reliable sources of information for QNET but do beware as there is a great deal of misinformation out there.
Does QNET refund money?
Yes! QNET's priority is making certain that everything is created with distributors in mind. But the commitment that QNET places in their distributors, also known as Independent Representatives (IRs), extends to their generous returns and refunds policy. More about the details of the policy can be found here.
Once a contract has been cancelled, a return will be issued minus some administrative fees and subject to unpaid return delivery. But once that is taken care of you will receive the refund as soon as possible.
Once a contract has been cancelled, a return will be issued minus some administrative fees and subject to unpaid return delivery. But once that is taken care of you will receive the refund as soon as possible.
Is QNET business a job opportunity?
No, QNET is not a job opportunity. Rather, Independent Representatives (IRs) own their own business. QNET does not select who may become an IR and it does not employ them. Potential IRs can attend introductory sessions and training and then decide if QNET is the right business for them.
Why do people lose money in QNET?
Just like any other legitimate business, success with QNET requires hard work. Determination is required by those who want to achieve real results. Without that drive, failure is likely just like in any other business endeavor.
It's important to understand that QNET isn't a get-rich-quick scheme and doesn't make any claims to being one. Rather, they are clear from day one that earnings are not guaranteed but based on sales, and not on referral commissions.
It's important to understand that QNET isn't a get-rich-quick scheme and doesn't make any claims to being one. Rather, they are clear from day one that earnings are not guaranteed but based on sales, and not on referral commissions.
Why do people leave QNET?
Like with any other business, people have all kinds of motivations for leaving, be it from major life changes to realizing that the business wasn't quite what they expected. Direct selling isn't for everyone. If you already have the information, have done your due diligence, and come with determination, then you are well on your way to success. But some people expect that this program will allow them to make money magically overnight. They are going to be disappointed!
If you're considering joining QNET but worried about why people drop out, then the number one thing to understand is that direct selling is just like any other business. You have to work hard to succeed. This means staying focused and determined. It's not a get-rich-quick scheme. But it can be highly profitable to those who approach it in the right way.
While the majority of distributors or Independent Representatives (IRs) at QNET are pleased with the businesses they have built, there are also those for whom the work required just isn't worth it. Those who enter into QNET without realizing the work that is involved are bound to encounter challenges, and if they cannot do hard work, they are likely to quit.
For every person who has left, there is a story of success, but it's important to understand that QNET isn't an overnight riches scheme. It's a business opportunity, that with hard work will allow you to achieve real success.
Even those who have left QNET business have found advantages to the time they spent, reporting that they improved on their business skills and people management, including finding new skills in sales and marketing.
If you're considering joining QNET but worried about why people drop out, then the number one thing to understand is that direct selling is just like any other business. You have to work hard to succeed. This means staying focused and determined. It's not a get-rich-quick scheme. But it can be highly profitable to those who approach it in the right way.
While the majority of distributors or Independent Representatives (IRs) at QNET are pleased with the businesses they have built, there are also those for whom the work required just isn't worth it. Those who enter into QNET without realizing the work that is involved are bound to encounter challenges, and if they cannot do hard work, they are likely to quit.
For every person who has left, there is a story of success, but it's important to understand that QNET isn't an overnight riches scheme. It's a business opportunity, that with hard work will allow you to achieve real success.
Even those who have left QNET business have found advantages to the time they spent, reporting that they improved on their business skills and people management, including finding new skills in sales and marketing.