Many business opportunities are just a chain where a person is fooled and then that person is trained to fool others to earn money. Once a person has been fooled and they buy into the scam there is no turning back until they have lost most of their money. My subscribers have requested I take a look at the QNET business opportunity. Here is what I have found.
QNET Scam Claims
Some of us dream of paying our bills each month without the burden and worry of whether there will be enough. Others have visions of helping family members or even helping their neighborhoods and communities in meaningful ways. And of course, at one time or another, each of us has dreamt of a restful vacation with those we love, cherishing the happiness that comes when we are stress-free. These are not just dreams; they can become reality with hard work put into the right business. Q10, The super hybrid Compensation Plan from QNET packs the Power of Ten into your business to help you achieve these dreams and more.
Reality Revealed in this QNET Review
In in September 1998 Vijay Eswaran and Joseph ‘Japa’ Bismark formed QNET. – Source qnet.net
QNet Ltd, formerly known as QuestNet, GoldQuest, and QI Limited, is a Hong Kong-based direct selling company owned by the QI Group. The company sells a variety of products including energy, weight management, nutrition, personal care, home care, luxury goods, and fashion accessories.
They are notorious for making ridiculous product claims:
When the Bio Disc was introduced to the world in 2006, it heralded a revolution in the way we were able to redefine and harmonize the energy of water, greatly maximizing its positive effect on the human body. Over the years that followed, numerous independent scientific tests verified the Bio Disc’s ability to positively harmonize energy, while millions of satisfied customers from all over the world shared their own anecdotal evidence of the benefits of this innovative energy enhancer. – Source qnet.net
Here is how this scam works:
1. Enroll as a QNET Independent Representative (IR) and purchase your first QNET product.
2. Commit to the monthly Repeat Purchase Programme.
3. Refer QNET products and business opportunity to others.
4. Meet all active requirements to get paid in commissions and bonuses.
Qualify for Step and Repeat Sales Commission with a Qualifying Product purchase.
Remain Active to receive Step and Repeat Sales Commission.
An IR must first Qualify his/her Tracking Centre before Activation. A Qualified IR can activate his/her Tracking Centre by achieving and allocating a minimum of 500 BV on each side of any of his Tracking Centres through Personal Sponsorship, Retail Sales, Personal Purchases or a combination of the three options.
Only Qualified and Activated TCs are eligible for earning Step Commissions and/or bonuses other than Retail Profit.
Similar Review: Paycation
One of the problems with QNET is there are almost no retail sales. The people that are sold products are other IRs.
You will earn the designated RSP points from your sale to every Retail Customer or Personal Purchases of any QNET products and Repeat Sales to downlines up to 9 levels below within your network or line of referralship.
MAIN PLAN – Refers to the Compensation Plan from which an IR can earn commissions/bonuses based on the achieved Group Business Volume on any Lower Volume Leg. In the Main Plan, an IR can earn Retail Profit and Step Commissions based on his/her Compensation Level.
RSP PLAN – Refers to the Compensation Plan from which the active IR earns Repeat Sales Commissions. In the RSP Plan, an IR can earn Retail Profit and Repeat Sales Commission derived from the RSP earned from a maximum of 10 Paid Levels, including his/her Retail Sales or Personal Purchases and the Repeat Sales to downlines up to nine levels below within his/her network or line or referralship.
Here are the reasons one Quora person says QNET is a scam:
1. When the IR’s call you for an interview or rather for a business meeting in the coffee shop they do that by giving you a false pretense that they are actually in a business and their life is set on the right path and they are very excited about it. The IR’s only live by one maxim “fake it till you make it”, so they speak as though they have found a pot of gold overnight when actually the truth is that they don’t know if they will be able to pay their next month’s utility bill.
2. IR’s are always on the lookout for people who are disgruntled with their work (not that difficult to find such people in any part of the world) and then try to sell these poor souls a feigned vision about a life larger than they are presently living if only they are willing to in(waste) some amount of money to buy products offered by QNET.
3. QNET’s IR never talks about any product or service in the initial business meet. In fact, 90% of them don’t even know what product they are selling and how it will benefit the one to whom they are selling. The entire transaction is done with an ulterior motive to swindle the person of his hard earned money.
4. The only thing the IR’s do in the first meeting is to draw a ridiculous diagram describing your projected earnings in 4 years. Some IR’ even promise that you will make $1 million in the next 4 years, but they never mention what exactly you are supposed to do to make that sum of money, even if you ask you will be told that the method should not be important for a man with vision as eventually we have to look at the end result of having that sum of money; so even if they tell me to sweep the floors I should gladly accept the broom since they will pay me that sum of money at the end of the tenure (of course they say it as a metaphor and they never give you any broom in your hand, hopefully not!). Apparently for the IR’s the destination is more important than the journey you walk to get there.
5. IR’s work very hard to swindle their prospective victims by showcasing theirs and the ones of the up lines fake life to lure more people into the trap. So any car purchase or an apartment or an expensive fine dining with your family by an up line or any of the IR’s are posted on Facebook and Twitter instantly to lure more people into the trap and this gives sort of virtual mental orgasms to the entire IR fraternity who in turn go full ballistic in sharing the image and posting over enthusiastic comments such as “You have indeed raised the bar for the rest of us”. “Getting there soon, bro” etc. on the image. This is a sham.
6. Prospective customers are called to the meeting generally to a coffee shop in a manner that makes them believe that they are there for a business meet, I was told to be formally attired and to wear a tie and that the person who arranged me to meet his up line will then decide if I’m fit to do the business. They actually did not give shit about me being fit or unfit for the business, only thing they wanted was my money, but they made it seem to me like I was selected through a very rigorous selection process and I should sign up immediately as they do not appreciate people who are unable to make decisions instantly as they believe that those who consult their families before making any important decisions will not do anything worthwhile in life. In reality, they want to instill the feigned fear of loss at not being able to make an important decision on the spot and if people go and consult their family they fear that their spouses will knock some sense into their head. Thus you will generally be invited to the meeting with your credit card to be swiped on the spot as soon as they are sure they have fed you enough bullshit and that your cheeks have puffed up and obscured your vision and brains to make any sensible decision.
7. Soon after you join (even before you have made even a single dollar out of the million that was initially promised) they start pestering you to sign up your family so that when you start making money your loved ones will reap the benefits of your hard work. This sounds ridiculous but a very effective tool used quite often by the IR’s to ravage an entire family financially.
8. The IR’s invite you to the meeting saying they are looking for some like minded business partners but how can there be a business deal without you laying on the table the entire terms and conditions, expectations and strategies, additional expenses that the partner will have to consistently incur weekly or on semi-annual basis for some ridiculous domestic or international training’s, daily coffees at the coffee shops etc regardless of whether or not he makes money in the process. The only strategy the IR’s know is to get more scapegoats to the coffee table and promise them that life can be better than what they are living if only they obsequiously obey to what they are told.
9. I have even read that QNET is selling few products which the IR’s assure has the miraculous capability to treat any form of cancer, really now? Luckily, the people who signed me up did not thrust this horrendous product upon me but my state was no better as I was given some accursed holiday package which was a trap to make me cough up more money if I wanted to redeem it thus I threw it all out….
– Source Quora.com
This Quora answer is an excellent overview of what is wrong with QNET.
Cost
During enrollment, a new IR must sign up for the $30 Annual IRship package; the annual IRship package provides the following tools and access:
- Access to your Virtual Office.
- Access to the QNET eStore.
- Business, marketing and eCommerce tools.
QNET offers the existing IR a $30 Annual IRship package on every IR’s Anniversary date to maintain his/her record, services and tools since enrollment.
Products
HEALTH & WELLNESS
HomePure
AirPure
Olé
Vitanew
LifeQode
Pomelin
InOcean
Amezcua
Veloci-Ti
PERSONAL CARE & BEAUTY
Physio Radiance
DEFY
BioSilver
Brille Premium
Couleurs
Bel & Belle
WATCHES & JEWELLERY
Umayal Collection
CIMIER
Bernhard H. Mayer®
Himalayan Crystal Collection™
De Moda
EDUCATION
Swiss eLearning Institute
SMC
HOLIDAYS
tripsavr
QVI Club
Q-breaks
QVI Points
TECHNOLOGY
BrilTime
QNET Life Site
BizSmart
VTube+
Presentación
MOTOR CARE
Titanium Metal Treatment
Compensation Plan
10 Ways to Earn Commissions
1. Retail Profit
2. Early Payout
3. Step Commission
4. Repeat Sales Commission
5. RSP Rank Advancement Bonus
6. RSP Rank Maintenance Bonus
7. Main Plan Rank Advancement
8. Main Plan Rank Maintenance
9. New Programme Bonus
10.Year-Round Incentives
A new IR must allocate a minimum of 500 BV to each of his/her Tracking Centres by selling to Retail Customer(s) or by making Personal Purchase(s) of any QNET product(s).
An IR must first Qualify his/her Tracking Centre before Activation. A Qualified IR can activate his/her Tracking Centre by achieving and allocating a minimum of 500 BV on each side of any of his Tracking Centres through Personal Sponsorship, Retail Sales, Personal Purchases or a combination of the three options.
Only Qualified and Activated TCs are eligible for earning Step Commissions and/orbonuses other than Retail Profit
Business Volume, or ‘BV’, is the point value assigned to each QNET product used for Qualification of Tracking Centres and basis for calculation of Step Commission.
A Tracking Centre, or ‘TC’, is the account granted to the IR upon enrolment that shows his/her position in the Company’s database. Commissions and/or bonuses are calculated with reference to each Tracking Centre.
A new IR gets one (1) Primary Tracking Centre (TC 001) and two (2) Secondary Tracking Centres (TC 002 and TC 003).
The Main Plan has five (5) ranks; namely Bronze Star, Silver Star, Gold Star, Platinum Star and Diamond Star.
The RSP Plan has six (6) ranks; namely IR, Bronze Star, Silver Star, Gold Star, Platinum Star and Diamond Star.
Many levels of compensation only further enriches those at or near the top … of distributors. Excessive levels in a downline is another sign participants are expected to sell primarily to their downline, rather than to the general public. – Source Mlm-thetruth.com
Income Disclosure
Earning and/or income statements made by our Company and/or Independent Representatives are estimates of what you can possibly earn. There is no guarantee that you will make these levels of income and you accept the risk that the earnings and income statements differ by individual. The examples are not to be interpreted as any guarantee, promise, representation and/or assurance. – Source qnet.net
Refund Policy
After 30 days, the products you purchased to qualify for commissions are not refundable.
QNET Review Conclusion
In my opinion, QNET is another recruiting scam. Ridiculous claims about their products and the income you can make are used to bring new people into the scam. You will find hundreds of complaints about this company and their representatives. “Fake it until you make it” is the foundation of the claims made by QNET representatives. Each person who profits with QNET does so primarily from the payments of others who are themselves making payments in order to obtain their own profit. Retail sales information is not available for new distributors. I would avoid the QNET scam.
Here is a second opinion:
The problem with QNet was that it ensnared people who were desperate to make such recurring income, but had to stretch themselves tremendously to make the initial payment. They did it on dreams of great riches that were promised surreptitiously by agents trained to mean exactly that, but not actually say it (because that would be illegal). After the initial euphoria, it dawned on many people that selling voodoo magic to a lot of people with the promise that a lot of other people would buy it is an unsustainable one – eventually, you have suckered all those who can be suckered, and the house of cards comes crashing down. – Source Deepak Shenoy Grist Media
Dynamic Solar
