Many of the corporate bigwigs we see in today’s world have been involved in some or the other kind of “shady” activities. The way they were able to stay reputed was most of this shady stuff never come out in the open.
These companies were very adamant on keeping these secrets and succeeded in doing so. But there have also been cases where companies with utterly transparent functioning have deemed fraudulent by spreading rumours. QuestNet is one of such companies. Despite having a clear and easily understandable business model the company in its earlier days was compared to the likes of pyramid scam companies and faced many challenges. But gone are those days now, as the company has managed to form a global presence and continues to expand in new countries every year.
The key factors behind this undeterred march have been very simple and basic, good quality products, good human capital and the trust the people have put in the company. From the start itself, this Asian MLM giant has concentrated of good quality products that are useful to the populace in its day to day life. Such kinds of products were then readily backed by the consumer base and became very popular. Furthermore, this Asian Direct selling giant also focused on launching products specifically required in certain regions. As from the very start the company aimed for a multi-national presence, the quality of the products was accordingly suitable for the international markets. Eliminating the supply chain system and embracing the concept of direct selling, QuestNet helped its global consumer base to buy international quality products at comparatively lower prices.
Through implementation of direct selling method, the company also helped many people, who had the zest to establish their own business but lacked in the field of confidence and financial backing, make it big as entrepreneurs in true sense. As independent representatives, this young generation of entrepreneurs flourished to its true potential. Setting achievable targets and accomplishing them helped boost the confidence in these individuals, creating a platform for their future endeavours. Many of the QuestNet IRs later became successful businessmen of their own standing.
The company invest heavily in its human capital, the independent representatives. They are not only trained to perform direct sales and propagate company’s products, but also encouraged to achieve a work-life balance by setting achievable goals. Various workshops are also conducted by the company for the IRs who seem to not do well in the business and need that extra moral push. Unlike other companies that dump their employees as soon as their performance seems to go down, this MLM power-house nurtures its workforce. Being your own boss as an entrepreneur also makes one feel responsible towards his/her work, making them toil more wholeheartedly and gives the job satisfaction that even many high-paying jobs fail to provide nowadays.
The company has continued its march in new markets and territories. In the recent V Conference 2013, an annual conference held by the company, several new products were launched and the first range of products in weight management sector, InShape, was revealed with much enthusiasm.
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