Starting a business is a dream for many aspiring individuals in India. However, getting started in the current market comes with its fair share of uncertainties and challenges. For starters, most businesses require a huge capital investment. The business might further require a line of credit for buying inventory and goods. Storing and preserving the product might also be a huge concern for some businesses.
If all these are in place, the next thing that would concern a business owner is building a brand and product placement. Also, finding the best platform to locate and cater to a particular target audience is yet another challenge.
These challenges often overwhelm entrepreneurs and render them actionless. But the QNET business opportunity takes away most of these troubles with its seamless integration of business into modern technology. This article is a guide for aspiring business owners to start their businesses through the QNET India registration process.
What is the QNET business opportunity?
QNET is Asia’s leading e-commerce company, established in 1998. The direct selling industry has been on the rise in the country, empowering individuals with self-employment opportunities. Annual sales of the Direct selling industry in the country is worth INR 23,800 Crore (USD 3.19 Billion). In addition, it has the highest Compound Annual Growth Rate (CAGR) of 17.6 per cent over the last three years. As per the WFDSA report, Indian direct selling also has the highest Year-over-year (Y-o-Y) growth of 28.3 per cent.
Direct selling is an opportunity for individuals to capitalise on a rising market. QNET business opportunity enables individuals to do just that and be their own bosses. It has a vast product portfolio that caters to a wide range of audiences. In turn, the company allows individuals to start their own business by registering as a QNET distributor and purchasing a product. Distributors can further grow their businesses by referring individuals under them. The referred distributors buy and sell products, which leads to the overall growth of the network. This is without the impounding troubles for arranging major capital, overhead, or operational costs such as handling products.
In addition, QNET has multiple resources to ensure that individuals can upskill themselves. Moreover, they can continue learning about the industry. It also provides marketing materials and business tools to help aspiring entrepreneurs make better presentations. In addition, QNET has a vast network of direct sellers who’ve walked the same path and have become successful. They provide guidance and support in an entrepreneur’s journey. The best part is that registering for the opportunity is completely free, under a mutually exclusive agreement between the company and the distributor.
In essence, the QNET business opportunity is one of the best opportunities for aspiring entrepreneurs to start a business. They can start without major risks or investments. It is ideal for individuals looking to leverage the power of e-commerce while doing it on their own terms. Let’s understand the benefits of the QNET business opportunity.
Benefits of the QNET business opportunity
One of the key benefits of the QNET business opportunity is that it provides the flexibility of working hours. Unlike conventional jobs, this opportunity gives individuals a chance to choose their own working hours. Moreover, it helps individuals build the life they want while providing sustainability to their families and securing their future.
A simple yet effective Compensation Plan allows individuals to start building cash flow. As soon as one registers as a QNET direct seller, they can start earning points for every product they purchase. These are called Business Volume (BV), which is calculated through points. The BV is calculated in points to unify different currencies and local markets. One can ‘Qualify’ as a distributor with products purchased worth 500 BV points.
The second method is through Step Commissions. Direct sellers qualify their businesses by selling qualifying products to customers. The next step is to have at least two qualifying referrals. These are individuals that the entrepreneur has personally referred to QNET and have started their own journeys as QNET distributors. To start earning step commissions, one must have at least 3000 BV in their lower volume sales team. The step commissions are paid based on rank. The higher the rank, the higher the step commissions. This suggests that individuals can earn not only from their own efforts but also from the effort of their sales team. Hence, step commissions provide a great advantage for QNET distributors.
Now that we know about the benefits of joining QNET, how does one sign up for the QNET business opportunity?
QNET India registration
Registering for the QNET business opportunity is seamless and takes just a few minutes. The individual can register through the QNET India website or the QNET mobile app.
Step 1: Click on ‘Register’ on the top right-hand side of the homepage.
Step 2: It will then take the individual to a portal where they must enter the referrer’s ID and the country of residence. It is also important for the individual to watch the business orientation video after entering the above details.
Note: Remember your credentials such as User ID and password provided by the Company are only for your use and non-transferable. Distributors are expected to uphold this confidentiality.
Step 3: Enter personal details in the application form. One must ensure that the details they provide are accurate.