Questnet In India - A review

Author Anand Naidu Is not and never was a distributor of Questnet. The report is from a collection of reliable data and must not be interpreted as means of promotion or demotion of the company concerned.



QuestNet India is the wholly owned Indian subsidiary QuestNet Enterprises India Pvt.Ltd. is headquartered in Mumbai and has offices in Chennai, Bangalore, and Hyderabad.
Vijay Eswaran is the co-founder, MD and CEO of the QI Group. Has a dustributor around 5 lakhs in india.

In Business Since: 10 years business completed globally.


Management:

Madam Pushpam Appalanaidu is the Managing Director of QuestNet India. The management of questnet india is under tremendous allegations discussed later in the post.


Online Training & Support:
Decent online support. The management of the main company has frequently updated blogs under the name "V Team" .Other online trainings are limited to blogs by the owner and some top distributors.


Motivational Support and Training:
Excellent corporate sponsored conventions and distributor lead regional events. These events are held by top Questnet distributors, who are among the highest income earners in the industry, with huge organizations.A training convention called MAUNA is highly sought after. Distributors with certain number of distributors were trained by the very best It as held in many cities around the country every Saturday 7am-10am


Products/Services:
The product range includes
1. coins and medallions 2. watches 3. wellness product- Biodisc 4. Holiday package Price range of these products range from 29,000 - 40,000 Rs.



Compensation Plan:

Binary Compensation plan
29,000- 40,000 for the products and another Rs460 registration fees to start up as a distributor.
Payments are made weekly. Six sales are considered as one step and Rs 11,500 is paid as a commission.
Ceiling: 6.9 lakhs per week.
Commissions also possible by retailing the products. Rs 2300 paid as commission per retail sale.


Advantages:

Talking of that past the company did exceptional business in India targeting the IT population. With remendous upline and leadership support.
Very lucrative compensation plan with a high ceiling price.


Disadvantages:
Negative name recognition to a big extend with multiple criminal charges on the company.
The retail commission paid is very less.


Controversy:

criminal charges have been filed against some of the top questnet leaders to practice fraudant means to promote the business and a few arrested even. Countless complaints have been registered against the company that continues to be reluctant in supporting its distributors.

From The Hindu article
CHENNAI AUG. 21. With the arrest of Goldquest officials in Chennai, where the company's India headquarters is located, police claimed to have exposed yet another alleged money circulation racket. Over 50 members have filed complaints stating that the company owed around Rs 12 lakhs to them.

Multiple newspapers and private blogs have ruined the image of this company offline and online.


Comments:
The company has suffered heavy image loss and lost a huge number of distributors who have now broken all ties with the company. It would take substantial effort and persistence from the corporate side to pass this face in their business. Definitely not a company to be associated with at this time.