Why QNET is a direct selling company and not a pyramid scheme
What’s the biggest difference between direct selling and pyramid schemes?
First, let’s try to understand what is direct selling. It’s the original social networking business model — great products and services sold through personal social networks helping people become micro-entrepreneurs.
This is how the World Federation of Direct Selling Associations describes it — direct selling is a retail channel used by top global brains and smaller entrepreneurial companies to market products and services to consumers.
It isn’t only about getting great products and services into consumer’s hands. It’s also an avenue where entrepreneurial-minded people can work independently to build a business with low start up and overhead costs.
Direct selling in numbers — 160 year old industry, nearly $200 billion global industry, more than 120 million people involved in approximately 100 countries, 25 countries are billion dollar markets.
So what is network marketing? Network marketing is an important component of direct selling through which distributors expand their business by building a network of direct sellers.
But isn’t that a pyramid scheme? This is a common misconception. We’ll show you how you can tell a genuine direct selling company from a pyramid scheme. Legitimate direct selling companies deliver quality products or services. Genuine companies invest significantly on research and development to provide exclusive, innovative and high quality products to meet the lifestyle needs of people across the globe. Pyramid schemes either have no real products or offer low quality or worthless products.
Distributors for direct selling companies earn commissions only on sales of products and services. In a pyramid scheme, there’s no financial return unless you’ve successfully recruited others into the company.
Direct selling is not a get-rich-quick scheme. Any company that promises you an easy way to get rich quickly, especially through membership building, is probably a pyramid scheme.
Legit companies make it clear that success in this business is only possible through consistent hard work. Nothing worth achieving comes easy.
Direct selling companies provide a comprehensive training system. Genuine companies care about helping people build a long term business. They support distributors with not just knowledge about the products and business, but also leadership training, personal development, and mentoring programs. Pyramid schemes have a short shelf life before they go bust.
Direct selling companies provide business tools to support their distributors. A genuine company will equip you with all the marketing and sales tools you need to promote your business. They also offer robust customer support to help their distributors. In direct selling, you work for yourself but not by yourself. Pyramid schemes do not offer any kind of support and rarely, if ever, interact with members.
Legit direct selling companies have proper policies and procedures, and a code of conduct for their distributors. Genuine companies believe in achieving strong, long term growth and stability by creating a culture of professionalism and ethics. Any breach of their policies is dealt with strictly.
In a direct selling company, everyone has an equal opportunity to make money. Pyramid schemes don’t work unless somebody loses. Only the people at the top or those who came in early can make money. In a genuine direct selling company, it doesn’t matter when you join. You could even earn more than your sponsor if you put in the work.
Still wondering if this is legit? Let’s see what these prominent public figures have to say about this business.
Richard Branson — I’m a tremendous believer in network marketing, and I’m a great believer in entrepreneurs. I think all the future jobs in the next 20 or 30 years will be created by network marketing entrepreneurs and other entrepreneurs around the world, starting off from scratch or starting off very small and making a real difference in the world.
Tony Robbins — When you’re in network marketing, you get to do what you do best. You can do something that’s so simple. You can find a product or service that you love that you know has total integrity, an organization that’s great. You can align with that, and you don’t have to worry about supply chain. And you have to worry about accounting. And you have to worry about all the elements that really make a business scope.
Bill Clinton — Your industry gives people a chance, after all, to make the most of their own lives. And to me, that’s the heart of the American dream.
The biggest need in every sector of the economy is intellectual distribution, the dissemination of information about products and services. Direct selling is the most efficient method for the distribution of intellectual information that will improve your life. It’s the ideal model that allows anyone to reach out — Paul Zane Pilzer, American economist, former White House economic adviser.
Now that you understand what a legitimate direct selling company is, here are some facts about QNET — legacy of 20-plus years, business presence in 25-plus countries, customers in 100-plus countries, over 30 brands of high quality products and services offered, year round trainings, events, leadership camps, webinars available, robust compensation plan with rewards and incentives tied to product sales, multilingual business tools and customer support, strong focus on building a professional business.