What is QuestNet Business Plan?
The purpose of this website is to give readers the simplest overview of QuestNet business plan. Majority of us may never heard about this business. However in this website I will explain to you all the important details about QuestNet business. I have spent some time and effort to make some research on QuestNet business and after comparing it with all the available MLM and Network Marketing businesses, I can conclude that QuestNet business is the best and most promising business for me and maybe for you. This is not a Get Rich Scheme, HYIP or any other scam business. I don't believe in any of that craps. This company has been around since 1998.
So the question that will pop up in our mind is ''What is QuestNet business is all about?'. In general, QuestNet is a network marketing company who sell a range of products like numismatic items, vacation package, telecommunication products and IDD pre-paid phone card., wellness products etc.. They use a network marketing approach to distribute their products to customers worldwide which they called Customer Referral Program (CRP). I will explain to you later what is CRP. The most attractive feature in QuestNet business is its very powerful compensation plan for their Independent Representative (IR) using Binary System. You can compare it with other network marketing and MLM companies. The commission is issued in US Dollar. It can be transferred to your bank account by wire transfer or cheque.
The straightforward point of the business concept used in QuestNet is there is no middle man between factory and customer in order to deliver products. QuestNet use the e-commerce as its marketing portal. Customers buy the product at retail price through QuestNet website (www.quest.net) and the product will be couriered by courier services (FedEx, UPS, TNT, DPEx,) to customers. Even the referrer is not involved in the purchasing process. Therefore there is no money going to wholesaler, distributor and retailer. It means that the profit (retail price - product cost) will be shared with customers through compensation plan if the customers become an Independent Representative (IR) of QuestNet. Feature that is the most attractive in QuestNet business is that you will only need to buy once and the rest you only need to recommend to others. If they buy QuestNet products, you will be given commission and if your referral become an Independent Representative (IR), he will also get the commission if he refers others. The details of the compensation plan and presentation can be downloaded from here. THE COMPENSATION PLAN IS VERY POWERFUL!!!
WHAT IS CUSTOMER REFERRAL PROGRAM ?
Have you ever recommend to your friends to watch a good movie, a great restaurant to have a dinner or even a skillful barber just to cut your hair. It happened spontaneously because you are happy with the services given to you and you want your friends to have it too. However, have you ever being paid when you recommend your friends for those services? Of course you're not been given any cent for your recommendation. The profit will solely go to the merchants. In QuestNet business, you will be compensated for your referrals. In general, QuestNet is trying to market their products through mouth-to-mouth concept where their happy Independent Representatives (IR) who get a very good commission by just referring others to buy the same products will eventually want others to have the same privileges as they do. After all I believe that we do have friends around us who are willing to listen to us if we are talking to them, right?
WHAT IS BINARY COMPENSATION PLAN ?
In networking business, there are several compensation approach used to market the products such as matrix, etc. In QuestNet, they use binary system. So what does binary system means? In engineering, binary refers to 0 and 1 which is digital but in networking business, it means left and right. You will only have to have 2 direct Independent Representative (IR) under you which you put one on your left and the other is on your right. Both of them will also have to find 2 direct Independent Representative (IR) under each of them. In general, you need to balance the product purchase transaction to certain amount for both sides in order to get commission. For example, QuestNet will pay you USD250 for any 3 purchase transactions on your left and 3 purchase transactions on your right. It means that you need to have at least 6 purchase transactions in order to get compensation. QuestNet also allow spill over referrals made by the people above you. It means that if the person above you already made 2 referrals and put them on their left and right position, any other referrals they made will be put under their down lines. This is due to the nature of binary system where you only have 2 people directly below you. By doing this, it will help others who are slow in making referrals. Now do you see it!!
For more details, please download business presentation here. You will be amazed to see how fast your business can be successful if everything is going well.
CONCLUSION
This business is very promising.You only need to buy once in your lifetime. You are not going to lose anything if you buy the product and after that you start to promote this business. You can easily recover your one time purchase if you do this business in the right manner. However if you think that you can easily make money by doing nothing....then you can just forget it. This can be your stepping stone for your brighter future if you have a will. The company is very well established and has participated in many international event ( e.g sponsor for All England Badminton Championship 2003 , official distributor of commemorative coin in several continent for Olympic Athens 2004, among of the official distributor of 100 years FIFA, among the sponsor for GP F1 Monaco 2004 and many more). They work closely with several coin issuing authority in several countries.
You can just get started by enrolling for USD 10 in order to have your Independent Representative Number and a Tracking Center (TC). You might have enough time to make up your mind (1 year as it should be renewed every year from the date you registered) to purchase your 'one time purchased' product which the cheapest product with 1 Unit Volume (UV) is around USD 600++.
The choice is yours!
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