What is the economic impact of direct selling?
QNET is committed to doing “good” business through its Corporate Social Responsibility programs. Direct selling is a form of marketing that benefits both the company and the customer. How Direct Selling aids the economy is staggering. It provides an opportunity for entrepreneurs to create their businesses and income for many individuals – be it full-time, part-time, or supplemental. It drives consumer spending, offers job growth, and supports local revenue. In addition, it creates a ripple effect throughout global communities by providing employment, offering innovative product solutions to customers, and helping make dreams a reality for those involved with the business.
The QI Group is the holding company for the company. It has subsidiaries in several countries and regions, including Singapore, India, Mainland China, and Hong Kong. QI Group is listed on the Main Board of Stock Exchange of Hong Kong.
QNET India, India’s lead direct-selling company, has a vast direct seller network. Individuals of assorted backgrounds and ages have embraced direct selling, reaping the rewards from forming an income source. Particularly considering our economy is being harshly affected, direct selling has been a proper means of self-employment. QNET India is proud to offer a diverse range of products and has been implementing successful direct sales as a business approach for quite some time now. Check out the QNET India eStore to discover health & wellness merchandise, beauty care items, and home & living goods.
Establishing direct selling businesses eliminates the number of middlemen, which acts as a go-between. This enables increased demand and decreased costs. Additionally, it forms a huge B2B (business-to-business) network, so engaging with a larger market is simpler. The approach for marketing in direct sales can be divided into 3 sections:
- Single-Level Marketing
This is where a person sells products or services directly to a customer. It can be done through in-person interactions or online tools like email and social networks. The seller may or may not recruit others to act as sellers within their sales network.
- Party Plan Marketing
Group sales through direct selling is an effective technique to promote products. Competitions and sampling sessions are held at gatherings of like-minded individuals as part of “party plan marketing.” Direct selling has seen increased success due to participating party plan marketers building a large network.
- Multi-Level Marketing
Multi-level marketing is a popular way of direct selling, in which sellers sponsor others to sell products to widen their market reach. This cost-effective approach can maximize profits for both parties and increase product accessibility. Kindly refer to this page for more.
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