Where do you see yourself 5 years from now? I always wondered why job interviews have this question as a benchmark. My experience in the IT field has helped me grow. However, with time I did not have the freedom to explore opportunities. Are you going through the same experience? Do you want to achieve financial independence? If yes, you are at the right place. This article talks about the role of the gig economy in the future of direct selling in India. Even though global businesses are affected due to the plight of the Coronavirus, the direct selling industry continued to employ and offer entrepreneurship possibilities.
To quote some statistics, according to a recent Business Standard report, around 53% of entrepreneurs in the direct selling industry are women. On the other hand, based on an Economic Times news article, the direct selling industry will employ 18.1 million by 2025. Therefore, working with the gig economy in direct selling is the most sought-after choice even during challenging times!
Now, if you are new to the world of direct selling, you may ask, what is the gig economy? To start with, let me share my experience with QNET, a globally recognised direct selling company. My fifth year as an IT professional for a leading corporate firm was saturated, to say the least. I was not prepared for the boredom that was about to hit me. Depending on a monthly salary, even taking my parents out was stressful.
Then I met Vishal, a college friend, who introduced me to the multitude of opportunities at QNET. I started to witness personal development and was even able to start a direct selling business. Beat that!
What is Gig Economy?
The gig economy is a market that offers freelance and contract-based resources for brands looking to hire young and diverse talent. In simple words, the gig economy is a labour market where contractors and freelancers and paid according to short-term work assignments.
The rise in urbanisation has resulted in empowering career options. With millennials constantly on the move, the demand for independent work opportunities has increased. Moreover, with the rapid shortage of jobs due to the pandemic, people want job security. Working in the gig economy has several benefits. However, it has its own set of challenges as well.
For example, working for the gig economy can help you achieve financial independence, personal development, and work-life balance. However, a monthly paycheck is not guaranteed.
Therefore, there is a significant amount of risk involved. Benefits like ESI, PF (Provident Fund) and allowances are not provided in the gig economy, which, on the other hand, is a norm while working a full-time job.
QNET Business Opportunity – How Does it Work?
Before I was reconsidering independent carer options, direct selling was definitely not one of them. From the experience of my friends and family, I felt direct selling is not the way to go. However, I did my research and understood that there is a clear difference between the pyramid scheme and MLM (Multi Level Marketing).
A pyramid scheme is a fraudulent business model where the person at the top earns the most. For example, If I were to go up the ranks, I must add people to my network. Similarly, people ranked below me do the same. This way, those at the bottom tier get the lowest rewards and must pay a hefty sum to join the business. There have been several instances where people are cheated and are led to believe in Ponzi schemes. However, MLM or multi level marketing is entirely based on hard work, commitment and entrepreneurship.
QNET, a direct selling company, has a global presence. With a wide range of QNET products available, you can now purchase your favourite product and start a direct selling business. At first, this was hard to believe. However, with mentors supporting me at every step, I knew I was doing the right thing.
Here is how a QNET business opportunity works.
QNET India Registration
The whole idea of joining QNET is to introduce and promote QNET products in the market. First comes the registration. With an accessible QNET India registration process, you can join from the comfort of your home and start a business.
Paying a nominal registration fee and entering your personal details gives you access to the QNET eStore and the virtual store. Visiting www.qnet.net from your desktop or installing the QNET application on your smartphone can help you enrol.
Step Commissions at QNET
The second comes financial leverage. As a QNET IR, you are eligible for step commissions, not only from your sales but even from your team sales. As you move up the ranks, you are awarded business value points, which can be used to get exclusive discounts on your favourite QNET products.
Training and Personal Development at QNET
Personal development is a set of skills that can push entrepreneurship success. After registration and access to the QNET virtual store, you can gain information on business training tools, marketing training tools and e-commerce training tools. This keeps you updated on product features, helps you learn at your own pace and strike a perfect work-life balance. Register today and take charge!
Benefits of Working in Gig Economy
Coming back to the gig economy, what are the benefits? How can you achieve success and financial independence working in the gig economy? Don’t worry; we’ve got you covered. Below are some of the core benefits of the gig economy.
You Get to Choose
Working for someone has its own limitations. For example, as an IT professional, I always had to follow orders and adhere to responsibilities set by others. Down the line, I wanted to take charge and work at my own convenience. Moreover, working in the gig economy can give you that edge. As a budding entrepreneur at QNET, you can make strong business decisions and decide when to work and when to spend quality time with your family. Therefore, in the gig economy, the freedom to choose and be independent is empowering!
Gig Economy – Businesses Can Save Time and Money
Starting a direct selling business is not an easy task. It requires capital, infrastructure and human resources. However, from a business point of view, the gig economy can help brands save money, time and human resources. Besides, collective goals can help companies employ short-term human resources for maximum impact and minimum hassle.
Business to Customer Relationships
The direct selling industry relies on creating personalised relationships. Apart from creating independent career opportunities, the direct selling business model offers “value” to customers. Working in the gig economy as an entrepreneur can give people the leverage of directly interacting with customers and offer a customised product/service offering.
Therefore, considering the future of direct selling in India and the role of the gig economy, pursuing a career in direct selling is ideal and profitable at the same time. To conclude, considering the benefits of working in the gig economy and what QNET India has to offer, starting a direct selling business is no longer a dream. Register with QNET today!
Also READ- Future of Direct Selling at QNET India.
