What is network marketing? What is the scope of network marketing? Should I start a direct selling business in India? If you are looking for answers, you are at the right place. Today, we discuss the scope of network marketing and its impact on starting a direct selling business in India.
Unfortunately, the COVID19 pandemic has adversely affected the global economy. The loss of jobs at a macro scale has increased the demand for independent career opportunities.
On the bright side, direct selling brands like QNET offer inspiring platforms for aspiring direct sellers to take charge. The scope of network marketing and starting a direct selling business in India is equally rewarding.
All of us, at some point in time, have felt stuck in a corporate environment. The need for work independence irrespective of your gender or age is important.
Once you enrol with a direct selling company like QNET India, you are rewarded with an opportunity to purchase QNET India products and start a business. Compared to starting a company from scratch, a QNET business opportunity is worth it.
Register today and be your own boss!
What is Network Marketing?
According to Investopedia, Network marketing is a business idea that depends on person-to-person sales without any middlemen. Instead of employing a full-time workforce, Network marketing companies work with independent representatives, often working from home.
How is Network Marketing Different?
People often make the mistake of comparing the scope of network marketing to a pyramid scheme. Now, what is a pyramid scheme?
To shed some light, direct selling is a century old. However, real growth of the direct selling industry was seen 3 decades ago. In the past, without a governing body, people were cheated into Ponzi schemes.
A pyramid scheme is an illegal business activity that works on luring people to invest money in exchange for products and services.
On the other hand, network marketing is a legal business activity that aims to empower people to earn commissions based on company product sales. In simple words, network marketing is a business model where people represent other companies and sell their products.
Before joining a network marketing company, make sure you understand the following:
- Did the company pitch an idea that worked on just recruiting people or selling their products?
- Track record of the company and founders.
- Do you feel the company’s products are worth selling? Are you able to relate to the product?
- Do your friends and family members like the products you sell?
- How is the company promoting its products?
- Does the company adhere to domestic and international business standards?
- Are you looking for a get-rich-quick scheme or willing to put in the work for long-term results?
All About QNET – Direct Selling Made Easy
Let us now discuss QNET as a brand.
Started in 1998, QNET is a pioneer in direct selling. QNET is one of the first companies to use the idea of e-commerce in direct selling. With over 25 global offices in Asia, Europe and the Middle East, QNET continues to inspire, innovate and promote the future of direct selling in India.
With sustainable products like the Nutriplus series, MyHomePlus series, CHAIROS watches and ORITSU dinnerware, QNET India products go through the highest quality standards, ensuring the best experience.
QNET is a proud member of certified international associations.
For example, QNET is a member of the Direct Selling Association of Malaysia, Direct Selling Association of Singapore and Direct Selling Association of UAE.
Including these, QNET is a member of ASSOCHAM, CII (Karnataka), PHD Chamber of Commerce and Health & Dietary Supplements Association (HADSA).
Therefore, joining QNET is legal, safe and the best choice to start a direct selling business in India.
Scope of Network Marketing in India
As discussed, network marketing or direct selling or multi-level marketing is the exchange of products and services between a business entity and the end consumer.
As it does not involve any medium or retailers to sell products, strong interpersonal skills are a must.
Below are some factors that can determine the scope of network marketing in India.
Freedom to Choose in Network Marketing
Staring your entrepreneurship journey with any network marketing company can be tough in the beginning. Although there are risks involved, the end results are rewarding.
At QNET, you have the freedom to choose QNET India products and learn at your own pace. For example, if you are working in a corporate form full-time, you have the leverage to take your time to transition and update yourself with market trends.
Also, as success in network marketing depends on working with people, you make new friends and create potential connections.
Earning Commissions in Network Marketing
The scope of network marketing depends on interpersonal skills, personal growth and performance.
At QNET India, as your move up the ranks, you work and lead a team of direct sellers. This boosts self-confidence and leverages innovative business ideas. Also, you earn commissions based on product sales by your entire team.
Therefore, in hindsight, network marketing is a great opportunity for women to take charge. Via the QNET India registration process, anyone can enrol from the comfort of their home, strike a perfect work-life balance and invest in personal growth.
Network Marketing is for Everybody
Unlike other business careers that require prior experience, a career in network marketing does not require any prior knowledge.
Also, direct selling is one of the few business sectors that does not discriminate. Therefore, irrespective of age, gender, race or occupation, you have nothing to lose.
Once your register as a QNET India representative, the possibilities are limitless. For example, access to training, marketing and e-commerce tools ensures you are on the right path. Also, if you are gradually transitioning, you have the benefit of investing time and not money!
Future of Direct Selling in India
According to the World Federation of Direct Selling Associations, India saw a spike of 7 million direct sellers in 2018-2019.
Furthermore, these numbers are projected to increase to 18.1 million generating a revenue of Rs. 15,930 Crore by the end of 2025.
To conclude,
Considering the scope of network marketing and the future of direct selling in India, buying QNET India products to start a direct selling business in India is the right way to go! Be the change you want to be!