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7 points
- 1. 7 Things to look for in a DS/NM Co.
- 2. 7 Things to look for in a DS/NM Co. 1. Longevity 2. Credibility 3. Size & Growth 4. Products 5. Compensation Plan 6. Training 7. YOU
- 3. LONGEVITY — Stats show 90% of all start up Co’s fail in 1st 5 years. — 90% of balance 10% also fail in next 5 years. — Is the Co. 5 years old? 10 years is even better
- 4. CREDIBILITY — Does the Co. take advantage of its customers & business partners? — Does it have a history of illegal activities? — Is it legally registered? — Who does the Co. work with? — Has the Co. contributed to the society?
- 5. SIZE & GROWTH — How big is the Co? — Where are the offices? In how many countries? — How many distributors/IRs are with the Co? — How stable is the Co? — How fast is it growing?
- 6. PRODUCTS — What kind of products Co. deals in? — Are they fad? — Are they adding real value to customers? — Are the customers passionate about the products?
- 7. COMPENSATION PLAN — How lucrative is the Comp Plan? — Do you get $5 or $10 for each unit of sale of $100 & $1000s? — Do I have to recruit MANY people to earn some money?
- 8. TRAINING — Training is the life of NM industry — What’s the quality of training of the Co? — Is the training material easily available? — Is the Co. helping a nobody to become a somebody? — Does the Co. CARE about my success?
- 10. QNET -‐ Longevity — In existence for 12 years ( since 1998 ) — HQ – Prestigious Bank of China bldg, Hong Kong — It’s a stable, 10 + year old Co.
- 11. QNET -‐ Credibility — 2000 – Worked with Vatican to release Commemorative Coin for Pope John Paul II. — 2001 – FAO/UN appointed Qnet as exclusive distributor for its gold coin program to create awareness against world hunger. — 2003 – Sponsor for International Badminton Federation ( IBF ) held in UK. — 2006 – Official distributor of FIFA World Cup Coin programme & sponsor for Brazilian team. — 2007 -‐ Qnet sponsors the Commonwealth Business Forum in Uganda
- 12. QNET – Credibility — 2008 – Key sponsor for QI-‐Meritus team in GP2 Asia series. — 2009 – — Qnet Singapore inducted into the prestigious DSAS. — Official DS sponsor for Asian Football Conf ( AFC ) — Qnet Malaysia accepted as member of MDDA — QI group gains membership of World Economic Forum’s Community of Global Growth Companies
- 13. QNET – Credibility — 2010 – — Qnet sponsors Team QI-‐Meritus at GP2 Asia Racing series, Bahrain. — QI group crosses US$ 1 billion sales by year end — QI brings Global Business Leaders Forum 2010 to Malaysia. — QI announces prestigious partnership with Sir Richard Branson – Virgin Racing team. — World famous Murlidharan becomes Qnet brand ambassador — Qnet awarded the Caring Company recognition by Hong Kong council of Social Service, for THIRD year in a row. — Qnet Chairperson Ms. Donna nominated for prestigious “ Best of the Best” Network Marketing Industry Award by MLMIA — GOPIO awards Dato’ Vijay Eswaran GLOBAL BUSINESS EXCELLENCE AWARD
- 14. QNet Conquers M-‐Commerce Market — New York, NY (Vocus) October 8, 2010 — International direct selling company, QNet has cemented its decade-‐long reputation as a leader in e-‐commerce by launching multi-‐platform mobile applications for its million-‐plus global customers. — Following recent launches on the iPhone and Nokia platforms at the company’s annual convention in June earlier this year, QNet this week announced their m-‐commerce business application for leading mobile phone operating systems BlackBerry through BB App World, and the Android platform through Android Market. QNet Chief Information Officer, Malick Aboobakar, said the company’s distributors would be able to embrace a truly mobile and global business by utilising the virtual office application to conduct their independent direct selling and network marketing business…….
- 15. QNET – Size & Growth — Breached the US$ billion mark. — Has 6 Million customers worldwide in 160 countries in just 12 years. — Early adopter of e-‐commerce, Qnet has emerged as a pioneer in online network marketing & direct selling. — Now offers mobile friendly site and mobile applications fuelling Co’s philosophy of business anywhere, anytime with support everywhere — Excellent track record of growth & scale
- 16. QNET -‐ Products — High growth market segments – — Health & wellness — Telecom services — Vacations — Watches & Jewellery — Products are unique, innovative, exclusive, value driven & reliable. — Paul Zaine Pilzer in The Next Millionaires talks of Wellness, Internet & Direct Sales as key drivers of growth for next decade.
- 17. QNET – CompensaVon Plan — One of the most lucrative in the industry. — Attractive 6% -‐ 13% Retail margin PLUS 7% -‐ 14% Referral Commission. — E.g. – Diamond Vacation Package — SP : $13,040 -‐ Referral : 41.67*21 — IR : $11,340 $875 — Retail margin : $1700 $2575 ( 1700+875) — % : 13% 20%
- 18. QNET/V -‐ Training — The V – global network support & training org with in-‐house V Studios — Best in class training tools -‐ — DVDs — Books — Events ( Vcon, NSS, World Tour ) — Product Trainings — Magazines ( AspIRe, Voyager ) — www.the-‐v.net and Vtube — Local systems
- 19. YOU — What does it take to be successful – YOU — Not for people who want a Get-‐Rich-‐Quick scheme — To be successful, YOU – — Must work hard — Think smart — Stay committed — Be prepared for initial challenges — Must be dedicated to closely following the established & proven business plan. — Net provides the tools, support services, infrastructure & enablement for YOU to succeed in this business and become FINANCIALLY FREE