V-Malaysia 2024 – Tech | Business | Economy https://techeconomy.ng Tech | Business | Economy Fri, 11 Oct 2024 08:14:17 +0000 en-GB hourly 1 https://wordpress.org/?v=7.0 https://techeconomy.ng/wp-content/uploads/2025/06/cropped-256Px-32x32.png V-Malaysia 2024 – Tech | Business | Economy https://techeconomy.ng 32 32 QNET: A Genuine Direct Selling Company https://techeconomy.ng/qnet-a-genuine-direct-selling-company/ https://techeconomy.ng/qnet-a-genuine-direct-selling-company/#comments Fri, 11 Oct 2024 08:09:15 +0000 https://techeconomy.ng/?p=145236 In today’s fast-paced world, where various business models are flourishing, direct selling has become an essential part of global commerce.

One company at t​he forefront of this sub-sector is QNET, which has grown to become a prominent name in the US$186.1 billion direct selling industry.

Interestingly, direct selling industry accounts for 125 million distributors worldwide.

However, like many innovative business models, QNET has faced both applause and scrutiny. Let’s explore why QNET stands out as a genuine and trustworthy direct selling company, committed to quality products, financial empowerment, and ethical business practices.

QNET… the beginning

QNet was founded in 1998 by Vijay Eswaran and Joseph Bismark, as a multi-level marketing company owned by the QI Group with administrative headquarters in Hong Kong and the operational base located in Malaysia.

QNET Founders
V-Partners at VCON 2024

Today, the company is operating in more than 30+ countries worldwide, offering a wide range of products, from health and wellness to personal care and home products.

QNET’s business model is centered around the concept of direct selling, which allows independent representatives (IRs) to market and sell its products directly to consumers.

QNET’s goal is not only to provide high-quality products but also to create an opportunity for individuals to build their own businesses.

With a low startup cost, minimal overhead, and no need for a physical store, QNET has helped many people improve their financial situations, especially in developing countries, Nigeria inclusive.

What Makes QNET Genuine?

1. Regulatory Compliance

QNET adheres to the regulations and laws governing direct selling in the countries where it operates. The company is a member of the Direct Selling Association (DSA) in several countries and follows a code of conduct aimed at protecting consumers.

By operating within legal frameworks and ensuring compliance, QNET has consistently demonstrated its commitment to ethical business practices.

2. Product Quality and Innovation

QNET products
QNET products

One of the hallmarks of QNET as a direct selling company is its emphasis on high-quality, scientifically-tested products. From its premium health supplements to its advanced skincare products, QNET’s catalog is designed to meet the diverse needs of consumers.

This was one of the hallmark developments announced at the V-Malaysia Conference (VCON) held recently the Penang Spice Convention Center, Penang in Malaysia, marking QNET’s 26th anniversary and the beginning of a new business model to foster entrepreneurship, self-reliance, personal development, and contribute to the economic growth of communities.

QNet: Empowering Nigerians with Technology-Driven Entrepreneurship
QNet’s products

With 8,000 people from 30+ countries in attendance, including Nigeria, the company’s representatives demonstrated how the improved health and wellness products enhance the overall health benefits and user experience, which further highlighted QNET’s commitment to innovation, well-being and genuine products and services.

Some of the improved products QNET unveiled at V-Malaysia 2024 are; EDG3 Plus, Amezcua Bio Disc 3, Amezcua Chi Pendant 4 and Amezcua E-Guard X, while its lifestyle products include the Home Pure Nova and Home Pure Zayn.

QNET customer support desk
QNET customer support desk

Each product undergoes rigorous quality checks and comes with certifications from reputable bodies, adding to the trust consumers can place in the QNET brand(s).

3. Training and Support for Representatives

Mr. Trevor Kuna, the chief marketing officer (CMO) of QNET, said that with a local presence in 30 countries and a multilingual global support centre servicing 12+ languages across 14 hubs worldwide, QNET ensures seamless experience for its vast network of distributors and customers.

8,000 IRS present at V-Malaysia 2024
8,000 IRS present at V-Malaysia 2024

In other words, QNET emphasizes empowering its representatives through education.

It provides extensive training to its IRs, teaching them effective marketing strategies, product knowledge, and ethical selling practices.

This approach ensures that representatives can succeed based on their skills and efforts, not just the number of people they recruit.

Around August this year QNET hosted a product exhibition in Lagos, with upgrades and additions aimed at achieving its goal across Africa.

QNET event-
Theodocia Naana Quartey, senior legal counsel for sub-Saharan Africa at QNet

The event, held at the TransBlue office, kicked off with a keynote address by Theodocia Naana Quartey, senior legal counsel for sub-Saharan Africa at QNET.

She made remarkable statements, thus:

Our innovative business model combines direct selling and eCommerce to cater to a large group of customers, offering individual entrepreneurial opportunities to achieve financial independence. 

“As a product-oriented company, we design our products to enhance lives and promote overall well-being. These products are available to purchase through our eCommerce website. QNET’s direct business model has empowered millions of people in over 100 countries, providing opportunities for Enterprise Development and financial independence.”

4. Ethical Business Practices

QNET operates with transparency and promotes responsible business practices. It maintains strict policies against false claims and unethical recruiting methods. The company has also taken steps to combat misinformation about its business model and to clarify its commitment to direct selling.

The company’s commitment to ethical business behavior is further supported by its corporate social responsibility initiatives, which focus on community development and environmental sustainability.

Busting Myths and Misinformation

Despite its success, QNET has faced its share of controversies and misconceptions. These typically stem from confusion between direct selling and illegal schemes such as Ponzi schemes or pyramid schemes.

Pyramid schemes focus on recruiting people rather than selling products, which is not the case with QNET.

The company’s primary focus is product sales, and its revenue is derived from legitimate business transactions involving high-quality goods.

Most of the misrepresentations of QNET, including the RHYTHM Foundation in some countries, like we have witnessed in some West African countries, are deliberate attempts to deceive people and defraud them of their hard-earned money.

RHYTHM Foundation
RHYTHM Foundation

RHYTHM Foundation

RHYTHM Foundation

For instance, some fraudsters would put up signposts with names like “Qnets”, “Q-Nets”, etc. to deceive people that they are offering recruitments, overseas admission (at Qui University, for instance) and all sorts. Of course, it takes someone with good information about QNET’s background to decipher about these ‘corruptions’ and deceits.

Moreover, critics often fail to recognize the impact QNET has had in improving lives by providing an additional income stream for people.

QNET has successfully created opportunities for individuals across different socio-economic backgrounds to earn a sustainable income through hard work and dedication. They are also impacting nations through RYTHM foundation.

Biram Fall, regional manager QNET Sub-Saharan Africa
Biram Fall, regional manager QNET Sub-Saharan Africa

Look at QNET’s FinGreen initiative. Biram Fall, regional manager QNET Sub-Saharan Africa, describes it this way:

“In a constantly changing world, QNET’s FinGreen initiative remains steadfast in its mission to promote financial literacy…We emphasize the crucial role financial literacy plays in constructing secure and peaceful societies. Through our flagship financial literacy program, FinGreen, we are dedicated to providing people with the knowledge and skills they need to make informed choices about their financial futures, ultimately contributing to a brighter, more stable world.”

From the foregoing, QNET’s business model does not support a ‘get-rich-quick’ mentality, rather a resilient spirit to remain ‘Unstoppable’ despite challenges.

Simply put that QNET’s journey in the direct selling industry is a testament to its resilience, commitment to quality, and focus on ethical practices. As a genuine direct selling company, it offers both excellent products and a legitimate business opportunity for individuals looking to empower themselves financially.

By standing firm on its principles of integrity and customer satisfaction, QNET has rightfully earned its place as a global leader in the direct selling world.

As with any business, success with QNET depends on hard work, ethical practices, and a commitment to learning. For those who are willing to invest their time and effort, QNET provides a legitimate and rewarding path to financial independence in today’s evolving marketplace.

Therefore, it is important they step-up efforts, working with the law enforcement agencies to curtail the level of abuses and corruption of the brand name by fraudsters and busting syndicates (even in hinterlands) who defraud people, thereby putting dents on the company’s genuine efforts to impact lives.

Also, large conferences in the nature of VCON can be extended to Africa and other regions in a ‘bring the message home’ kind of approach.

QNET should consider having brand ambassadors who command large followership to assist in pushing narratives…all geared towards achieving TOMA (Top on Mind Awareness) for the brand; including, more media pushes, visibility through local programmes/events sponsorships, amongst other efforts.

]]>
https://techeconomy.ng/qnet-a-genuine-direct-selling-company/feed/ 1
QNET Sets New Tone for Direct Selling at V-Malaysia 2024 https://techeconomy.ng/qnet-sets-new-tone-for-direct-selling-at-v-malaysia-2024/ https://techeconomy.ng/qnet-sets-new-tone-for-direct-selling-at-v-malaysia-2024/#comments Fri, 13 Sep 2024 09:19:00 +0000 https://techeconomy.ng/?p=143013 Quick Look;
  • This year’s event will feature approximately 8,000 participants from around 30 countries, solidifying its status as a major international gathering.

QNET, a global leader in wellness and lifestyle-focused direct selling, launched its much-anticipated V-Malaysia 2024 Convention from September 12 to 16 at the Penang Spice Convention Center, Malaysia on Wednesday.

Vijay Eswaran and Joseph Bismark, co-founders of QNET
Vijay Eswaran and Joseph Bismark, co-founders of QNET at V-Malaysia 2024

The Spice Arena, the largest multipurpose (indoor venue in Malaysia (Northern Region), was literally on fire as Vijay Eswaran and Joseph Bismark, co-founders of QNET climbed the podium to tell their stories about setting up the company which has become a force to reckon with in the US$186.1 billion direct selling industry that accounts for 125 million distributors worldwide.

 

V-Malaysia 2024 aims to set a new tone in empowering entrepreneurs by enabling them supplement their incomes through direct selling.

Themed Unstoppable, the bi-annual convention underscores QNET’s unwavering commitment to innovation and sustainability.

This year’s event will feature approximately 8,000 participants from around 30 countries, solidifying its status as a major international gathering.

Welcoming the participants, Mr Kuna Senathirajah, group managing director, QI Group of Companies, said the 26th anniversary of QNET has been coined as the ‘first year of the next 25 years for the company to continue to champion innovation, sustainability and create value for entrepreneurs who have worked and continue working the rope with them.

V-Malaysia 2024 by QNET
QNET: V-Malaysia 2024

He reiterated that V-Malaysia 2024 Convention serves as a testament to its mission of empowering individuals and communities worldwide.

“The event promises to be a landmark in QNET’s journey, fostering a spirit of relentless pursuit and unstoppable progress”.

Mr Biram Fall, QNET’s regional manager for sub-Saharan Africa, highlighted that V-Malaysia is not just a convention; it’s a platform for driving business excellence and sustainability.

He said that the ‘Unstoppable,’ reflects QNET’s dedication to inspiring positive change and fostering resilient, innovative entrepreneurs. By introducing new sustainable product lines, we aim to meet customer needs while promoting a greener future.”

The convention will showcase QNET’s Watch and Jewellery brand Bernhard H. Mayer’s Serendipity Collection, featuring jewellery made from sustainable materials and the Limited-Edition Wave Rider watch, highlighting QNET’s commitment to sustainable luxury.

The event’s comprehensive agenda includes business training sessions, motivational speeches, and product exhibitions, providing attendees with invaluable opportunities for personal and professional growth.

As QNET continues to champion innovation and sustainability, the V-Malaysia 2024 Convention serves as a testament to its mission of empowering individuals and communities worldwide.

The event promises to be a landmark in QNET’s journey, fostering a spirit of relentless pursuit and unstoppable progress.

QNET, a global lifestyle and wellness company, uses a direct selling business model to promote unique products that enable people to take charge of their health, well-being, and lifestyle.

Qnet Ltd, is a Hong Kong-based multi-level marketing company owned by the QI Group.

Founded in 1998 by Vijay Eswaran and Joseph Bismark since 1998, QNET’s innovative products and e-commerce-driven business model have helped build a global community of satisfied customers and microentrepreneurs, who are driven by the mission of RYTHM – Raise Yourself To Help Mankind.

Popular product brands offered by QNET include the Bernhard H. Mayer range of luxury watches and jewelry, HomePure range of home care products, the Amezcua wellness range, Physio Radiance personal care range, and QVI branded holiday packages.

QNET also exemplifies high industry standards and is a member of numerous Direct Selling Associations worldwide.

Its active engagement in several global sports sponsorships including in its role as the official direct selling partner of the Manchester City Football Club (MCFC) and the Confederation of African Football (CAF), highlights the company’s commitment to excellence.

]]>
https://techeconomy.ng/qnet-sets-new-tone-for-direct-selling-at-v-malaysia-2024/feed/ 1
QNET’s First Annual Convention of the Year Concludes with Resounding Success in Malaysia https://techeconomy.ng/qnets-first-annual-convention-of-the-year-concludes-with-resounding-success-in-malaysia/ https://techeconomy.ng/qnets-first-annual-convention-of-the-year-concludes-with-resounding-success-in-malaysia/#respond Fri, 31 May 2024 06:32:21 +0000 https://techeconomy.ng/?p=132743 QNET, a global leader in wellness and lifestyle focused direct selling, concluded the first of this year’s biannual flagship event, V-Malaysia 2024, on May 16 in the island of Penang in Malaysia.

The five-day convention drew approximately 9,000 participants from over 30 countries, reaffirming its status as a major international event.

QNET V-Malaysia 2024: A Platform for Learning, Networking, and Innovation

This year’s V-Malaysia featured an extensive agenda filled with opportunities for learning, networking, and experiencing the latest in QNET’s wellness and lifestyle advancements.

Highlights included the mega QNET product exhibition where the company showcased its range of premium products such as the HomePure range of home appliances, the Amezcua range of wellness products, the Bernhard H Mayer range of luxury Swiss watches and fine jewellery, and the LifeQode portfolio of nutritional products, among others. 

Groundbreaking Product Launches

QNET unveiled several innovative new products at this year’s convention:

  • Amezcua e-Guard X – An innovative solution designed to mitigate the health impacts associated with mobile radiation from everyday electronic devices, including smartphones, laptops, and televisions.
  • HomePure Rayn – A showerhead that not just filters shower water but also has the Amezcua Resonance Technology (ART) to help boost energy. It also has an optional Vitamin C capsule which can help remove residual chlorine from the skin and an optional ACF (Activated Carbon Fiber) capsule which removes fine microorganisms.
  • Bernhard H. Mayer Alto Watch – The new ceramic watches by the Swiss watch brand that is ideal for daily wear is available in two variations, black and white, for both men and women. The quartz watch has a unique wave pattern on its face, and has hands made of recycled steel.

Empowering the Global Network

The event featured numerous training and education sessions tailored for QNET’s global network of distributors.

These sessions aimed to enhance their skills in direct selling and empower them to achieve greater success in their personal business endeavours.

Inspiring Moments

In an inspiring session, attendees were treated to a special appearance by award-winning Indian actor R. Madhavan. He shared his compelling journey and struggles within the competitive Indian film industry, offering a story of triumph that resonated deeply with the diverse international audience.

Commitment to Sustainability

To offset the event’s carbon footprint, QNET ensured the event was free of single-use plastic, promoted plant-based food options, and organised a tree-planting exercise in partnership with Malaysia’s JARING, the National Fisherman’s Association, as part of its ongoing Green Legacy global reforestation program.

At the conclusion of the event, Trevor Kuna, chief marketing officer of QNET said, “This event is not just a convention; it is a celebration of our commitment to our distributors and customers worldwide. We look forward to another year of remarkable experiences and success stories.”

QNET V-Malaysia 2024

QNET V-Malaysia 2024

QNET

  • QNET, a global lifestyle and wellness company, uses a direct selling business model to promote unique products that enable people to take charge of their health, well-being, and lifestyle.

 

  • Since 1998, QNET’s innovative products and e-commerce-driven business model have helped build a global community of satisfied customers and microentrepreneurs, who are driven by the mission of RYTHM – Raise Yourself To Help Mankind.

 

 

  • QNET proudly exemplifies high industry standards and is a member of numerous Direct Selling Associations worldwide. Its active engagement in several global sports sponsorships including in its role as the official direct selling partner of the Manchester City Football Club (MCFC) and the Confederation of African Football (CAF), highlights the company’s commitment to excellence.
]]>
https://techeconomy.ng/qnets-first-annual-convention-of-the-year-concludes-with-resounding-success-in-malaysia/feed/ 0