tag:blogger.com,1999:blog-28310409.post4717214257995005578..comments2024-03-18T14:44:23.637+05:30Comments on eNidhi India Travel Blog: 20 Observations/Analysis on Network Marketing/MLM CompaniesShrinidhi Handehttp://www.blogger.com/profile/00875443161762278339noreply@blogger.comBlogger108125tag:blogger.com,1999:blog-28310409.post-88264243013333256132023-08-15T10:35:20.646+05:302023-08-15T10:35:20.646+05:30WelcomeWelcomeShrinidhi Handehttps://www.blogger.com/profile/00875443161762278339noreply@blogger.comtag:blogger.com,1999:blog-28310409.post-81519580791794975752020-10-27T00:44:34.745+05:302020-10-27T00:44:34.745+05:30Thanks for sharingThanks for sharingLeesahttps://www.pulsehyip.com/forsage-clone-scriptnoreply@blogger.comtag:blogger.com,1999:blog-28310409.post-71129664281999493142016-09-14T06:23:50.443+05:302016-09-14T06:23:50.443+05:30Unfortunately I have only been able to advise how ...Unfortunately I have only been able to advise how NOT to loose your money. Haven't had much success in "How to make lots of money..."Shrinidhi Handehttps://www.blogger.com/profile/00875443161762278339noreply@blogger.comtag:blogger.com,1999:blog-28310409.post-52176030037648031382016-09-14T00:56:49.443+05:302016-09-14T00:56:49.443+05:30May I ask what you do Nidhi apart from "analy...May I ask what you do Nidhi apart from "analysing" business and industries. Seeing your "experience" I am sure you're a top shot investor making millions out of your "intelligence" and mentoring hundreds of people with your business advice by growing their money. Anonymoushttps://www.blogger.com/profile/16791611164462764746noreply@blogger.comtag:blogger.com,1999:blog-28310409.post-9055331175282232112015-02-26T06:51:29.941+05:302015-02-26T06:51:29.941+05:30Thanks Harish and all the anonymous people who hav...Thanks Harish and all the anonymous people who have commented here<br /><br />Thanks AnandShrinidhi Handehttps://www.blogger.com/profile/00875443161762278339noreply@blogger.comtag:blogger.com,1999:blog-28310409.post-39983125813392357682015-02-25T23:48:19.314+05:302015-02-25T23:48:19.314+05:30Nice effort nidhi
Picture perfect sceneNice effort nidhi<br />Picture perfect sceneharishhttps://www.blogger.com/profile/08254282396856828627noreply@blogger.comtag:blogger.com,1999:blog-28310409.post-81593630776712520402015-02-25T23:47:30.676+05:302015-02-25T23:47:30.676+05:30Very nice nidhiVery nice nidhiharishhttps://www.blogger.com/profile/08254282396856828627noreply@blogger.comtag:blogger.com,1999:blog-28310409.post-667700943423833472012-10-02T20:06:29.074+05:302012-10-02T20:06:29.074+05:30My cousin's friend came up with a Qnet members...My cousin's friend came up with a Qnet membership proposal and he was undecided whether to join. I didn't know how to convince him that it may not be a good idea and there was possibility of loosing money. When I searched the net for more info about the company, I stumbled across this blog.<br /><br />Thanks Shrinidhi! you made my job infinetly easier. One look at your article and he flatly informed his friend that he is not intrested.<br /><br />Thanks Once again.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-28310409.post-12235446580558994212012-09-30T15:05:16.537+05:302012-09-30T15:05:16.537+05:30Is there some way we can teach these companies/age...Is there some way we can teach these companies/agents a lesson who cheat ppl by luring them by exploiting their painpoints and dupe them of their hard earned money.. Is there a legal route..I'll persue it till death..Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-28310409.post-92219602354766184262012-09-25T16:53:10.714+05:302012-09-25T16:53:10.714+05:30Brilliant Analysis Srindhi!
I will add some more ...Brilliant Analysis Srindhi!<br /><br />I will add some more thoughts to the MLM concepts:<br /><br />1) MLM business idea is not ethical at all in my opinion. My reasoning is that as if i am consumer of the product and i really like the product i will guide others by saying what benefits i got from it. On the MLMs you lose the humanity touch and you just want others including your friends and family members to join and use their product mainly because you will gain something out of their purchases.<br /><br />2) One more unethical work of MLM is that MLMs product is way above the market value. My argument is based on that they distribute the contribution to all the above chain members and keep some profit for the company itself as well, so what is the actual product cost? And what is the premium charged to the end-user? As per my calculation the margin (super normal profit) charged on the product will be somewhere around 80% of the actual production cost.<br /><br />In the normal marketplace these super normal profit is only enjoyed by either monopolistic organization or cheaters. The monopolistic organization tends to lose their extensive margins by new entrants or by government restrictions. However, in MLMs case this is not going to happen due to the fact they are cheating mass people at an affordable level. The interesting question is then why Government and Media are not taking any action? I don’t have the answer to this question and would like to hear from someone who has, though I know that it has been banned from many countries likes of Sri Lanka, Sudan, Saudi Arabia, Iran, Syria, Indonesia etc.<br /><br />3) Although most of the MLMs tells that there IRS are their business partners and they are providing business opportunity to the masses who otherwise cannot afford to do business. First of all it is not a business it is that i am signing as a sales agent to this organization for free (without having any firm commitment and legal rights on the organization). Secondly, if i open my own business even like buying a franchise, i get full control over all its affairs including but not limited to its legality, suppliers, customers, product range, marketing, selling, pricing, hiring, after sales etc., in the MLM case on which thing i have control? Thirdly, i will get a fixed share of what my chain generates what about the overall profitability of the organization, what control i have over it? So, for God sake kindly stop calling this as a business opportunity, be true to yourself and others and say that we need sales agents irrespective of his background and abilities just the only recruiting criteria is that the person should have initial buying capacity.<br /><br />4) Lastly, I am just putting a theoretical scenario, suppose every single person in the world joined MLM then what? As per the facts provided in one of the earlier comments 97 to 98% of the world population will be on the losing side. Think about it.<br /><br />5) However, I agree that MLMs are reality and there are success stories in the marketplaces, but on the other hand MLMs are not everyone’s game. Not every individual can succeed, it needs, time, devotion, skills of convincing (brainwashing), somewhat skills lying/hiding, and materialistic mind.<br /><br />In conclusion my view is that there are pros and cons for every single thing in the world which is the case with MLMs as well. Though our selection is based on evaluation of whether the thing has more pros then cons or vice versa. Moreover, success of certain thing does not make it a good thing the extreme example of which that mafia business is very successful but it is bad, isn’t it? So evaluate its roots/rules/policies/basis/culture of doing business along with pros and cons.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-28310409.post-39941301957335348872012-08-03T07:38:22.109+05:302012-08-03T07:38:22.109+05:30Qvi is 100% fraudQvi is 100% fraudAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-28310409.post-77716757005235738592012-08-02T11:37:46.809+05:302012-08-02T11:37:46.809+05:30Hi Srinidhi,
If you are a true blogger and want ...Hi Srinidhi, <br /><br />If you are a true blogger and want to give credible information to your readers then i would think you should invest your time in fnding more facts. The economic dynamics of the world is constantly changing and therefore finding facts should be a continuous process. And over a period of time, if you notice a change, then you should be open to acknowledge it. <br /><br />Unfortunately, you wont be able to understand the real NM industry and the way companies work, unless you are in the business. Becuase this industry is like swimming. You wont learn/know anything until and unles you jump into the pool. Just as you cant go to www.swimming.com and learn swimmimng.<br /><br />Its almost 4 years since your blog and the industry has evolved over these years along with ecommerce. Therefore, I suggest, before you make further claims about a $150B industry, open your mind, spend some time (a few months), select a good ompany (let it be QNET itself!) do the business and see for yourself (let me warn you, do not expect any quick success; its real hard work). And then, come back and voice your opinion. I am sure, out of all those points which you have mentioned, at least a few would change. Post a new blog again with your new findings. Then people would respect you. And appreciate you. That's how you prove your credibility.Anandnoreply@blogger.comtag:blogger.com,1999:blog-28310409.post-65108028313071201432012-04-18T20:43:30.569+05:302012-04-18T20:43:30.569+05:30Hi,
Its a good analysis, but its seesm that you d...Hi,<br /><br />Its a good analysis, but its seesm that you dont know anything about real Quest net<br />Quest net legally has an entity in Sri Lanka, they pay taxes..<br />They invest in training people...<br />you talk about high pricing with what substitutes you are comparing the products? there are no substitutes, <br />They have a strategic partnership with Sir Richard Brandsom(Owner of Virgin Group) one of the Best euntroprenuers on the planet... they sponsors a Formula 1 team... <br />you have lot of time to analyse the things which seems logical.. why not analyse the whole direct selling industry which worth $ 200 Billion in the world... if MLMs are not logical how come it became the most growing industry in the world even during the recession,<br />read 2011 World Economic Forum Asia list of most growing Billion Dollar credible companies Quest net is one of them,<br />its not logical Facebook to to be a $ 100 Billion company but its a Billion Dollar Company... my friend logic doesn't bring success.. its the passion which brings success... if you think MLM is easy way to make money... you are wrong.. it requires years of training to be successful in MLM industry.. its experiencial knowledge.. which cannot be earned in books or schools.. people who do it correctly for few years only know this... if you are a good networker you never fail in life, its a Great learning... by the way I do have 4 degrees & a masters ( in Finance, IT & marketing ).. pls remember if everything is logical, why Phd in Finance are still lecturing they should be Billioniers... <br />if I had this time to analyse MLM I use that time to buy some shares in MLM companies & make a profit.. "Warren Buffet" ( the Richest investor in the world) own 3 MLMs & he publicly says those are his Best investments... <br /><br />All the best !!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-28310409.post-50489161631091812192012-03-26T14:23:17.089+05:302012-03-26T14:23:17.089+05:30We all are brain-washed,well at least neutrally,se...We all are brain-washed,well at least neutrally,see guys,if this blog said only about the bads,for sure,he/she dig in only a dust in a whole ocean,guys wake up,please don't argue more with MLM,alert with global economic growth(or de-growth),trust me there is no easy path,and i believe all networker face all sort of brunt in order to succeed,that's why many fail to do so,simply it is just that hard,and it's true!you just can't blame a company if you failed,well i'm not touching on Sri Lanka incident,you know what?This era,sales is not only concern on products and service anymore(however if there is no products etc,mainly is a high risk business) ,what is the greatest currency in the world now?is man-relationship(somehow,product is included)!Let"s be frank,everyone want money,not to mention cashflow chart,oh wait,you're saying whether the money is legal or not?Well then why do they(networker) continue to do?If you have more than 10 IR defending their company in this post,well at least this is the proof,for those who never experience MLM before include only researcher,please you will never ever know well than those networker inside,i suggest you ask both succefull networker and failler too.Last for the those who didn't manage,remember it's not your fault not the company,you just have to learn more,MLM is simply not for those seeking easy-money,TQAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-28310409.post-41167973925584939282012-01-12T02:43:54.304+05:302012-01-12T02:43:54.304+05:30Something right .. Something wrong due the fact th...Something right .. Something wrong due the fact that the analyser never lived the network marketing from inside but is only an external observer... In any case there are direct responsability of many not company but the main responsable is the governement that HAS TO ESTABILISH RULES (LOWS) to prevent cheating and deception... I am a Italian networker and in the past I have cheated by an Italian MLM company. The governement made a new law (low 173/2005) and made cleaning in Italian MLM sector...MLM is a serious opportunity that is being studied in many university! Best regardsAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-28310409.post-78420684366142078572011-09-21T10:46:16.065+05:302011-09-21T10:46:16.065+05:30Impressive point wise information. All we need is ...Impressive point wise information. All we need is a central place where users/people tricked into MLM by investing, share their point of view and grievances so that others could learn before hand.<br /><br />Regards,<br />ReeteshReetesh Chhatparhttps://www.blogger.com/profile/01561542872414595707noreply@blogger.comtag:blogger.com,1999:blog-28310409.post-70523823018689646982011-08-30T14:18:30.860+05:302011-08-30T14:18:30.860+05:30Questnet is one of the best MLM firms as they have...Questnet is one of the best MLM firms as they have good products and are very supportive to their IRS. If you are de-motivated, do attend the training sessions as it really helps one to transform from within and this automatically leads to improve in performance.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-28310409.post-36483223140244261352011-06-28T21:59:48.707+05:302011-06-28T21:59:48.707+05:30shouldn't the company have a process in place ...shouldn't the company have a process in place to identify agents who violate code of conduct and terminate them? Why no action is taken against such agents?Shrinidhi Handehttps://www.blogger.com/profile/00875443161762278339noreply@blogger.comtag:blogger.com,1999:blog-28310409.post-54999841890534351742011-06-28T12:37:47.631+05:302011-06-28T12:37:47.631+05:30QNEt is the world's number one MLM Business mo...QNEt is the world's number one MLM Business model. If some people are performing unethical activity, you cannot blame the whole company to be a fraud. QNET is a perfectly legitimate company with a brilliant at the same time simple business model. One should not just spread confusion about such a good company. If someone is at loss then it is you guys who don't want to be a part of such great business model and not QNet. If you don't want to be a part of QNet, never mind but please don't stop others. I am a part of QNet since last few year, around 3 years, and I have never faced any such problem is past 3years. It is the fraudulent people who make a fool out of people and not QNet.Suraj Pandeynoreply@blogger.comtag:blogger.com,1999:blog-28310409.post-84517273073639395712011-04-01T00:16:20.944+05:302011-04-01T00:16:20.944+05:30Hi Teresa
Will rectify the mistakes. Thanks
Purn...Hi Teresa<br /><br />Will rectify the mistakes. Thanks<br /><br />Purna: ThanksShrinidhi Handehttps://www.blogger.com/profile/00875443161762278339noreply@blogger.comtag:blogger.com,1999:blog-28310409.post-56389977178657192402011-04-01T00:15:47.868+05:302011-04-01T00:15:47.868+05:30Hi Teresa
Will rectify the mistakes. Thanks
Purn...Hi Teresa<br /><br />Will rectify the mistakes. Thanks<br /><br />Purna: ThanksShrinidhi Handehttps://www.blogger.com/profile/00875443161762278339noreply@blogger.comtag:blogger.com,1999:blog-28310409.post-49425986521690210312011-03-28T09:32:48.100+05:302011-03-28T09:32:48.100+05:30I think your your blog is very good, the only prob...I think your your blog is very good, the only problem I have with it is that you misspelled, "loser". You used the word "loosers". There is no such word. <br /><br />I don't mean to be nit-picky, but many of the websites that I read about the negative effects of MLM's has many misspelled words and I think this makes the website and the opinions of the person writing it look non-credible.<br /><br />I have a son who is trapped in the Amway scheme and cannot see it. I want to find good information supporting the reasons that we feel he needs to get out, but most of what I find is not professional and has many grammar and spelling errors. <br /><br />Thank you for your consideration in correcting the misspellings.<br /><br />Sincerely,<br /><br />Teresa P.<br />ILAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-28310409.post-88893976468741417372010-09-23T18:16:12.356+05:302010-09-23T18:16:12.356+05:30Good Analysis.Without making business these MLMs a...Good Analysis.Without making business these MLMs are sharing others money that who are downlinersPurnanoreply@blogger.comtag:blogger.com,1999:blog-28310409.post-39707144579878039702010-08-24T09:52:37.835+05:302010-08-24T09:52:37.835+05:30Thanks Prem Sir.
Neeraj, its not about negative i...Thanks Prem Sir.<br /><br />Neeraj, its not about negative incidents, but business model as a whole which is vulnerable...<br /><br />Lots of other comments to respond to... Will come back soonShrinidhi Handehttps://www.blogger.com/profile/00875443161762278339noreply@blogger.comtag:blogger.com,1999:blog-28310409.post-72771138324684773302010-08-24T01:26:37.437+05:302010-08-24T01:26:37.437+05:30hi srinidhi,I am Prem a defence service employee. ...hi srinidhi,I am Prem a defence service employee. What u have mentioned is an eye opener in tthis modern age. Where reality is minimal and fake things r overshadowing the true things. Also give your views on insurance companies and their status and claims.<br />nice work done, thanks yet again. yrrs Prem Shankar, 9633197612Unknownhttps://www.blogger.com/profile/06485483409800682254noreply@blogger.com