QNet is making waves all across the globe. The e-commerce company has established itself in 100 countries promoting direct selling. With direct selling, products and services are offered through an affiliate seller who is not located at a retail store. Entrepreneurs thrive in countries all over the world and QNet is riding the wave of success these affiliate members have contributed to.
If there was one region in the world where QNet sees a great deal of future success, it would be India. QNet has captured a lot of attention in the Indian press thanks to its intention to move 100% of its manufacturing and production to India. The move was somewhat surprising. No, the fact that QNet would choose to start moving production to India is not all that surprising. India has a thriving economy and is a major location for those interesting in outsourcing. What is surprising is QNet is moving 100% of its production so quickly.
QNet is most definitely not abandoning other markets. The company recently signed a marketing and branding agreement with the Manchester City Football Club. Surely, QNet is not looking to diminish its presence anywhere in the world. Switching the location of manufacturing to India is likely to cut down the costs of production by upwards of 10%.
By cutting down on the high costs of producing items for sale, the profit margin on the sales increase. This is not only good for QNet’s bottom line, but also for the pockets of those affiliate entrepreneurs working with the company. High-quality merchandise that comes with a reasonable price is going to be attractive in the market. Cutting production costs helps get a price that all-desirable reasonable level.
This is not to suggest that QNet is only interested in using India as a manufacturing hub. QNet has plans to expand its sales force in India and launch a niche marketing strategy designed to capitalize on consumers very interested in wellness products. Maximizing buyers and sellers in India could prove to be a major benefit to QNet’s revenue figures.