Qnet, established in 1998 by Vijay Eswaran, is a leader in the online business and shopping community. Qnet is based in Hong Kong but has office locations worldwide. Qnet, also formally known as GoldQuest, Qi Limited, and QuestNet, is one of the main subsidiaries of Qi Group, also run by Eswaran. Qnet is one of Asia’s top companies for direct selling.
Qnet models a multilevel marketing strategy, allowing independent agents to receive commission based on their volume of sales as well as those working under them. The company began as GoldQuest, which created custom ordered collectible coins. In 2002 the company then began helping customers book holidays, vacations, and travel arrangements in order to diversify their products. In 2006, Qnet began selling health products as well as Bernhard H. Mayer watches. Today Qnet sells a variety of products such as luxury goods, nutritional goods, weight management items, personal care items, home care goods, energy supplements, and fashionable accessories. Qnet has reported that their sales have increased by 70% over the last 5 years.
E-commerce has allowed Qnet to expand globally. Today Qnet has offices in over 100 countries which include Indonesia, Vietnam, Turkey, Egypt, Thailand, Taiwan, Philippines, and the United Arab Emirates. Qnet focuses both on their customers, the service they are getting, and the happiness of their employees. Qnet has some of the happiest and successful employees due to the fact that Qnet helps them to actively change their quality of life for the better. Employees are offered a compensation plan, network marketing opportunities, as well as lifestyle products that help add value to their everyday lives.
Not only is Qnet a successful company, but they also have philanthropic interests. The company started a charity called Raise Yourself To Help Mankind (RYTHM). RYTHM supports charities around the world by putting on fund-raising events and making donations. RYTHM’s goal is to bring people together to work stronger as a group to change the world for the better, one step at a time.