QNet Review – Is This A Good Opportunity Or Big Scam?
You may have noticed that QNet is getting a lot of hype and attention these days.
You might have had some friends in Network Marketing approach you about QNet, or you may have seen it on social media.
I want to let you know, first of all, that I am NOT promoting QNet as my own business opportunity. I am not an affiliate or distributor.
I have gathered here all the facts about QNet in my QNet Review – now you can learn all you need to know about it.
Is QNet really a legit business?
Is QNet a safe business to join?
Let me show you in my review of QNet.
Get started by reading my review below.
Exactly What Is QNet?
In the case of QNet, we’re dealing with an MLM company that launched all the way back in 1998. QNet claims to be based out of Hong Kong, but from what I can see, the company doesn’t actually have any physical presence here. Instead, it only exists in Hong Kong for the name sake and the name sake alone.
Vijay Eswaran founded QNet, and he’s currently residing in Malaysia – the country through which QNet is more likely being physically run out of.
As for how QNet came to be, it’s story goes as follows:
“In the mid-90s, Vijay Eswaran and Joseph ‘Japa’ Bismark, two young men from drastically different backgrounds came together in business and friendship.
Having found reasonable success in network marketing with an American company that was doing extremely well in the Philippines, the two joined forces and their group called the V Team consisting of bright, motivated and talented men and women, soon became the largest revenue earner for the American company.
At one point they realised that the Company was being dishonest with them and after all efforts to rectify the situation failed, the V Team and a few of their leaders sat around Vijay’s kitchen table to discuss the next steps.
About 1,500 people who had believed in the V Team leaders had joined the team. What were they going to tell them?
The easy way out was to tell them what the company owners did and wash their hands off any culpability.
However, they did not choose the easy way out.
With the fate of thousands of their team members at stake, and a liability in excess of USD 250,000, the two young men along with their core team members made a bold and crazy decision to start their own company, with the sole purpose of looking after the interests of the people who had trusted them and put their life’s savings into their hands.
On that fateful day in September 1998 in the Philippine Stock Exchange Centre (formerly Tektite Towers) in Manila, Philippines, the company today known as QNET was born.”
When QNet first launched, it was known as QuestNet and heavily promoted gold and silver coins.
Additionally, along with GoldQuest and QI Limited, there are 76 other shell companies that QNet has launched over the years.
Something else that’s worth noting is that QNet is actually operating as a subsidiary of QI Group. QI Group is in charge of QNet’s main global operations, and this was likely done as a result of QNet running into regulatory troubles with pretty much every country that it’s had operations in so far.
What Is The QNet Product Line?
Taking a look at QNet’s product line, you’ll find quite a variety of different things being offered.
QNet has something for just about everyone, including products in the categories of health and wellness, personal care, technology, motor care, jewelry, watches, education, and quite a bit more.
For a more detailed breakdown of everything that’s being offered, you can check out QNet’s website to view the entire product catalogue.
What Can You Tell Me About The Compensation Plan For QNet?
As for the compensation plan, affiliates can earn through retail and residual commissions alike.
However, in order to do this, you need to first qualify for the commissions that are being offered.
Affiliates for QNet are required to generate 500 PV in order to start earning, and this can be achieved through two main ways – making sales on both sides of your binary team or by recruiting tow other “qualified” members.
On the retail side of things, QNet describes retail commissions as “the difference between the price paid by your customer and your discounted price as an IR.”
As for residual, this money is paid using both a binary and unilevel system.
Like the story often goes, you can maximize your earnings here by recruiting more people and building up a larger downline.
What Will It Cost To Join QNet?
In order to join QNet, you need to pay a yearly membership fee of $30.
Is QNet A Scam?
If you have heard that QNet is a scam, then you’ve come to the right place to find out the truth.
What’s the truth – is QNet a scam?
I would say not exactly. However, there are some things to be aware of before joining, which I have detailed in the conclusion.
You will only be successful by recognizing the weaknesses and finding a way to move past them.
Conclusion For My QNet Review
Going through this review, it kept striking me as to how insane it is that QNet has been in business as long as it has.
Looking at everything the company has to offer, it’s clear that there’s nothing being offered aside from a nasty pyramid scheme.
Quite a few of the product line offerings are extremely shady, and even worse, qualifying for commissions is far too easy to do by focusing on recruitment.
Not only this, but that focus on recruitment is something that’s seen throughout the entire compensation plan.
It’s usually a good sing to see that an MLM opportunity has been around for quite a few years, but this is one of those cases where it doesn’t mean diddly squat.
I definitely hope you have found value in my Review of QNet.
I went into a lot of detail so that you can make a proper decision about whether you want to join or not.
If you do decide to proceed with QNet, make sure you take the time to learn how to market yourself!
My training below can help you with that.