QNET is an Indian company that has developed a unique direct sales model. The company was founded in 2003 and it now employs over 5000 people. In order to be a distributor for it, one must first invest at least Rs. 10,000 on the products they want to sell. They can then recruit other distributors based on their own network or by using conventional advertising methods such as TV ads and flyers. This innovative model makes QNET stand out from its competitors because it does not rely on just word of mouth to find new distributors.
Their Direct Sales model is quite different from traditional business models. Traditionally, a company sells its products to retailers and the retailer then passes it on to the end user of that product. In QNET’s case, there is no middleman involved since they sell their products directly to end users/consumers who are looking for unique products. This direct sales model allows it to keep its prices low and also offers a better margin to its distributors.
QNET’s unique selling proposition is that it offers a wide range of products that cater to the needs of different consumers. Some of their popular products include health supplements, fashion accessories, and home decor items. They are also venturing into other markets such as jewelry, watches, and the Internet.
QNET’s primary market is India but it also operates in Sri Lanka, Nepal, Bangladesh, Malaysia and Dubai. The company has seen tremendous growth over the past few years with an annual revenue growth rate of 70% (per annum). It has managed to overcome the challenges posed by the economic recession and has plans to expand its operations to new geographies in the future. Click here to learn more.
QNET is a company that is on the rise and it offers a unique direct sales model that is beneficial to both consumers and distributors. It is definitely worth considering if one is looking for unique products at a low price.
Watch: https://www.youtube.com/watch?v=kpjPzDN87Uc, for more information about the company