QNET Opens Myanmar
QNET, a company of Asian heritage and a part of the US$178.5 billion global direct selling industry, has entered the buoyant direct selling sector in Myanmar, expected to elevate standards of living by garnering the spirit of entrepreneurship amongst non-business background individuals
The launch of an Agency office today marks the formal introduction of a local customer service center for QNET in Myanmar.
“QNET firmly believes that there is nothing more empowering to individuals than the financial freedom that a career in the direct selling industry provides, and we believe the people of Myanmar, with their ambition and strong sense of entrepreneurship, will appreciate the quality consumer products we sell and the business opportunities we offer.” said Mr. Stevenson Charles, QNET’s Regional General Manager, South East Asia.
The company, optimizing on the usage of the e-commerce platform, has contracted with local
company, Kyi Min Brothers Group of Companies, to provide local customer support to people in Myanmar and display the QNET products. QNET, based on its projected plan, is optimistic that the direct selling industry in Myanmar will be as progressive as is trending in other emerging economies.
With direct selling gaining popularity, Myanmar is seen to have huge potential to become a leading market in the South East Asian region. Additionally, QNET, which provides a wide range of products, is expanding its business in the Asean Economic Community (AEC) as the QNET business in the region continued to show exemplary growth, particularly in Indonesia, Vietnam, Malaysia and countries are opening up to a free market like Myanmar.
With the AEC arrangement coming up this year, QNET sees no boundaries to its growth opportunities and potential. The AEC is targeted to be launched at the end of 2015, with the aim of grouping Asean countries into a single economic block.
“The AEC 2015 is a game changer as it will enhance business facilitation and connectivity within ASEAN. Our objective in Myanmar is similar to that of the AEC which is to realize a community that is politically cohesive, economically integrated, socially responsible and a truly people-oriented, and people-centered,” added Stevenson.
Globally, the World Federation of Direct Selling Associations (WFDSA), which QNET is affiliated through the Direct Selling Associations of Singapore, Malaysia and the Philippines, reported that global retail sales from direct selling in 2013 grew 8.1 percent, year-on-year, rising to US$178.5 billion.
QNET’s new agency office is located in the heart of Yangon business district with the following address: No 206 – B, La Pyae Wunn Business Centre, Dagon Township. The Yangon office will act as the main support center for QNET in Myanmar and will provide consultations about the company, products, after-sales service and customer support for distributors from Monday to Friday 9:30 am – 5:30 pm.
Additionally, the local agency will provide training for QNET’s distributors known as Independent Representatives (IRs) and will facilitate educative coaching sessions to ensure all IRs are equipped with sufficient product knowledge and well-trained on business ethics of network marketing and the QNET compensation plan. Currently, there are about 2,000 registered IRs of QNET in the country – mainly in Yangon, Mandalay, and Pagan cities.
Mr. Kyi Min Han, Managing Director of Kyi Min Brothers Group of Companies said, “We are excited and humbled by this opportunity, and would like to express our gratitude for the support of the authorities in Myanmar. QNET understands that building capabilities has always been one of Myanmar’s priorities to develop its socio economic growth.
“We look forward to deepening our relationship with QNET through strong partnership with the local people in the areas of entrepreneurship and international trade. I would like to call on the people of Myanmar to visit our office, see the variety of QNET products on display and grab the opportunities available through QNET.”
Also present at the launch were QNET Director, Mr. Krishna Kumar as well as a host of dignitaries and distributors of QNET in Myanmar.
As a prominent Asian direct selling company, QNET provides a wide range of life enhancing products that are offered through its proprietary e-commerce platform to customers and distributors in over 100 countries. The company also has some 25 offices and agencies worldwide, and more than 50 stockists, apart from localized operations or franchisees in a number of countries.
QNET is a member of the Direct Selling Associations of Malaysia, Singapore, and the Philippines. QNET is also a part of the Hong Kong Health Food Association and the Health Supplements Industry Association of Singapore among others.
QNET is active in sports sponsorships around the world, including Formula 1, Premier League football, badminton and more, due to the company’s strong belief that the drive, passion and teamwork of sports mirrors that of QNET.
For more information, please visit QNET’s website at www.qnet.net
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