QNET India is one of the top direct selling companies in India. It is fast growing in the global market also. Hope this article helps individuals know better about the terminologies used in it.
Notes and Terminologies used in QNET India
Independent Representative (IR) – An individual who has enrolled in building a business organization by selling products and services and sponsoring others.
Enrol – To register as a QNET India independent representative by paying a one-time annual package.
Qualified Independent Representative – An independent representative who has at least one tracking centre with a minimum qualifying 500 BV
Activated Independent Representatives – An independent representative who has placed at least one Qualified direct referral on each side of his tracking centre.
Active Independent Representative – An independent representative who makes at least 60 BV in one quarter through retail sales or personal purchases from the e-store.
Referrer – An independent representative who refers a retail customer to products or helps others become a QNET India independent representative.
Direct Referral – An individual referred by you who has enrolled and become a QNET India independent representative.
Retail customer – Someone who purchases products but does not enrol to be a QNET India independent representative.
Business volume (BV) – A point value system assigned to each product. This is required for step commission calculation.
Group Repeat Business Volume (GRBV) – Business volume generated by the repeat sales within your network.
Repeat Sales Point (RSP) – Points earned by repeat sales. It is calculated quarterly and can be converted into cash or business volume.
eVoucher Points (EP) – Points earned at every step 6 of any given commission. It can be redeemed with products.
8 – Ways to earn commission in QNET India
- Retail Profit – Sell products to Retail Customers at retail price. The difference between retail price and discount price is your retail profit. Only a registered independent representative can earn retail profit.
- Repeat Sales Point (RSP) – For every repeat product sale to a customer or a direct referral, the direct referrer up to three levels will earn designated points. These points can either be converted into cash or business volume. QNET India independent representatives can manage their RSP through the virtual office.
- Early payouts – As the name suggests, the commission is earned by an independent representative in advance. An activated and qualified IR can opt for an early payout. It can be opted for only one cycle.
- First purchase profit – Receive the profit on the first order at retail profit made by a new IR sponsored by you.
- Step commission – Activate all your tracking centres. Earn weekly commission based on the business volume generated by your lowest volume legs. The commission you earn is calculated based on your current active rank.
- Rank Advancement Bonus – You advance in rank and earn maximum weekly commission by generating more business volume and direct referrals. The number of weekly step commissions also increases. Develop leadership skills to guide your network on the right path and maximize your commission.
- Year-round rewards – Earn rewards, points, and incentives by regularly promoting products.
- Travel Incentive – With rank advancement, earn travel incentives and recognition. Building and growing your business will lead to rank advancement and leadership skills.
Rewards and recognition in QNET India
Bronze Star
- Bronze star eBadge.
- Bronze star eCertificate.
- Congratulatory eMail and SMS.
- An announcement in QNET India monthly publication.
Qualification: All tracking centres must be Qualified and Activated.
Maximum weekly payoff (for three tracking centres): Can earn up to 16 lakhs or 5 lakhs for each tracking centre.
Silver Star
- Silver star eBadge.
- Silver start eCertificate.
- Congratulatory mail and SMS.
- An announcement in QNET India monthly publication.
Qualification: Three Qualified Direct Referrals.
Maximum weekly payoff (for three tracking centres): Earn up to 22 lakhs weekly or 7.5 lakhs for each tracking centre.
Golden star
- Golden star eBadge.
- Golden star eCertificate.
- Congratulatory mail and SMS.
- A personal phone call from a Senior Company Executive.
- An announcement in the QNET India monthly publication.
Qualification: Retail sales or personal purchases of 60 BV, 200 RSPs, 500 BV from new direct referrals, and 1000 BV in GRBV per quarter.
Maximum weekly payoff (for three tracking centres): Earn a maximum of 30 lakhs per week or 10 lakhs per tracking centre.
Platinum star
- Platinum star eBadge.
- Platinum star pin.
- Platinum star eCertificate.
- Congratulatory mail and SMS.
- A personal phone call from the QNET managing director.
- A featured page in the QNET India monthly publication.
- Personal letter of congratulation.
- Platinum star fly-in travels a VIP tour to corporate QNET HQ with free airfare and hotel accommodation for top leadership training.
- A press release sent to local media.
Qualifying: Retail sales or personal purchase of 60 BV, 600 RSP, 1000 BV from new direct referrals, 15000 BV in GRBV per quarter. 3 rank advancement to silver star or upwards by direct referrals every quarter. 30 new rank advancements from indirect referrals every quarter.
Maximum weekly payoff (for three tracking centres): Earn up to 39 lakhs per week or 13 lakhs per tracking centre.
Diamond star
- Diamond star eBadge.
- Diamond star pin.
- Diamond star eCertificate.
- Congratulator mail and SMS.
- A personal phone call from QNET CEO and MD.
- Personalized documentary in QNET India monthly publication.
- Personal letter of congratulations.
- Diamond star all-expense paid VIP destination award travel for two.
- A press release sent to local media.
Qualification: Retail sales or personal purchases of 60 BV, 1200 RSP, 1500 BV from new direct referrals, 50,000 BV in GRBV, 6 direct referrals rank advancement from silver star upwards, 90 indirect referrals with new rank advancement every quarter.
Maximum weekly payoff (for three tracking centres): Earn up to 48 lakhs per week or 16 lakhs per tracking centre.
