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LINKS OF FAQ
 
FAQ at QuestNet website
http://www.quest.net  in Business Venture section
 
 
FAQ at Quest Vacation International(QVI)  website
 
 
FAQ for Quest Account
 
 
 
OTHER FAQ
 
What kind of business is QuestNet?

QuestNet is an international company retailing gold coins and other gold products of international standard and the highest value, since they are minted and guaranteed by governments. (Solid and sound security). Other new products are vacation packages and telecommunication products.

What is the difference between some of the gold coins marketed by QuestNet and other international banks?

First , the gold coins retailed by QuestNet are numismatic (collectors´items) still in most cases also legal tender. They are of limited mintage. Second, QuestNet offers the wonderful opportunity for everyone who is enterprising enough to manage their own business through the Retails Sales Compensation Program.

What is so special about the business?

This business is very affordable and manageable for anyone who wants to be financially rich and without the problems and hassles of traditional or conventional businesses like big capital investment, employing people, heavy overhead costs, crippling cash flow, messy inventories, etc. to give you sleepless nights. This is the only retail business where the majority of participants/customers have a realistic chance of truly achieving their desired financial objectives for their work within a short period of time (between 2-5 years).
 
 
What kind of income can one expect from QuestNet business?

With full commitment and understanding of the business, anyone above the legal age limit of minimum 18 years can easily earn USD $400 per-week within the six months. With more confidence and experience, the income may reach as high as USD $2,400 per day per operating account! The only real ceiling of your income is yourself.

 
What are method of payment used to buy QuestNet's products?
 
There are 2 options. First using your credit card. Second is using QuestNet E-Card. E-Card is like a prepaid card where you can top up the amount in the card. If your country has QuestNet's representative office, you can go there and hand in the bank draft for QuestNet (Hong Kong address). They will give a card number together with pin number. If your country doesn't have the representative office, you can send the bank draft to QuestNet (Hong Kong address).
 
 
How long QuestNet's products will be couriered to you after purchase?
 
If you are using your credit card, it may take up to 3 - 5 weeks to be verified and delivered to you. If you are using QuestNet E-Card, it might takes less time.
 

What are the differences between MLMs and QuestNet?

There are very many differences. The 4 major are:

1) QuestNet is not a MLM company but a retail business utilizing networking principles. All participants are customers, not  members. Being a customer, you do not have to maintain monthly sales quota. This is not direct selling job like most MLMs.

2) In QuestNet, it is only a onetime purchase of the product. there is no monthly maintenance of purchasing of products. You can absolutely forget about buying every month, which is very tedious and burdensome.

3) QuestNet marketing plan is very simple, straightforward and transparent with no complicated point system, no confusing percentages, no cutoff limit, no forfeiting of commissions and no hierarchy status. All these obstacles create difficulties and dissatisfactions because it slows down and reduces your income potential.

4) QuestNet offers unlimited operating accounts (truly unlimited income) similar to operating many franchises. Most MLMs limit it to one account only.
 
 
 
Some customers fear that sturation will occur and GQI will run out of customers in the future. Someone even asked, "The market for GQI is thinning out and almost reaching a saturation point. So what is left for us who are just starting to make referrals now?

At present, there are only around 600,000 customers out of the world’s total population of almost 6 billion people. The market is very, very far from "saturation". Theoretically, if saturation were even possible and occurs with QuestNet, then all other networking companies will have to experience it too. But most networking companies diversify their product lines and experience continuous sales from its existing customer base. QuestNet also takes this same approach and is moving towards diversification and expanding its product line.

 

Does GQI hurt the national economy?

In reality, QuestNet is the nation’s economic partner. The purchase of gold products has a long-term benefit for individuals and the economy. In addition, as customers in one country refer new customers to QuestNet (whether directly or indirectly), they earn their referral commissions causing business dollars (and more gold) to flow into that country.

Using the Philippines as an example, when the Filipinos in Hongkong open up that market, this would mean a flow of dollars into Philippines from Hongkong. In the same way, Chinese going to Australia to open that market will benefit from new customers being referred there.

Being a global business, with a seamless operation, whoever goes to another country brings back to his own country the benefits gained. As such, QuestNet is an important driving force of the national economy.

 

What kind of work is required in QuestNet?


Consistent and persistent promotion of QuestNet´s excellent products. This is done by word of mouth sharing of information and knowledge with your friends, family members, business contacts and anyone who is serious enough to want to improve their lives financially.

 
 

What advantage has gold coin over the gold jewellery sold by traditional jewelry shops?

The gold jewellery from the traditional shops does not have an acceptable international standard. Invariably, this jewellery will not fetch high resale price on the international market.
 
 

What are the main advantages of QuestNet over MLM businesses?

Speed and efficiency. In QuestNet, you do not waste precious time and effort in acquiring product knowledge, product training and demonstration. Similarly, there is no time wasted in learning and remembering the marketing plan because it is so simple and straightforward. Just 6 similar steps to earn. Obviously, with no such obstacles and hindrances, your success rate in is very much higher than most MLMs for an average person because the duplication process in QuestNet is far mor easier and simpler than any MLM businesses. It is almost hassle-free and stress-free!
 
 

How long does it take to cycle?
 
You will cycle depending on the effort and time you devote to the business. If you and your downline are able to refer at least two in a month, 1 left and 1 right, you will cycle within 5 or 6 months. Otherwise, it will take you longer. But after one cycle, you will cycle in three months or less depending on how you duplicate! The power of simple duplication will make you experience exponential growth.
 
 

Can this business work for one who has never had business or network experience?
 
This business can work for anyone who is determined to make it work!
 
SIMPLE  Even for those who have not gone to a higher level of learning experience this business is simple.

ATTAINABLE  Because of the simplicity of the binary 3 left and 3 right scheme, lucrative income is possible to everyone, even novices in the business.
 
 

Can I increase my maximum potential income?
 
Yes, by purchasing more than one product. Yet, only one time cash out is necessary to earn continuously in one tracking center. Please read. The advantage of buying 3 products often called a 3 header purchase which is the most powerful and effective purchase
 
 
Why buy gold products?
 
Because gold is a precious metal and will last you more than your life time. You can definitely pass them on to your heirs. Gold karat is verified easily by pawnshops and jewelers! The market price of gold is not manipulated. It is determined by supply and demand as reflected in the spot market. There are two hard assets that are readily marketable  gold and real estate property. Yet, gold has more advantages! Apart from the US dollar, gold is also used as international reserves. It is small and handy, you can bring it anywhere. It is easily convertible to cash.It is readily appreciated and understood by the “man-in-the-street.” You can buy in small quantities therefore it is easy to accumulate as savings for your future. Gold is a hedge against inflation. It appreciates in value over a period of time. That is why it functions better than paper money during times of crisis. These gold coins have intrinsic value. They are numismatic or in simple terms collectors items. They are minted by government agencies and considered legal tender (money) by respective governments. As a product it is simple and easy to explain and learn. It eliminates cumbersome product demonstration. It is an ideal product to carry on business trips or to demonstrate over a cup of coffee. It has universal appeal. Given the opportunity, anyone would want to have gold anywhere, anytime.
 

Why are they called customers and not distributors?
 
Because QuestNet is a retailer and not a wholesaler. When a customer refers someone who buys from the company, the referrer earns commission! Ordinarily, one does not earn commission by referring others to a good movie or terrific restaurant. But CRP gives you that privilege! This explains why one should buy products from QuestNet:

A. Because the opportunity of earning lucrative income goes along with buying products at QuestNet. There are other establishments selling similar products. SkyMall sells through TV and so does Disneyland in their outlets. Yet, with prices much higher than QuestNet, these establishments do not give the income-generating program for customers, QuestNet does!

B. Because you can have for yourself a global business.
Using the commission plan that employs the principle of networking. You can market abroad and purchase through the internet via the On-line Store of QuestNet.
Being a retailer, QuestNet has no levels of distribution. In fact, in Hong Kong it has a retail outlet where you can buy over the counter. QuestNet operates like a mail order company to satisfy worldwide demand.
 

How can I start?
 
Be a customer first. Buy a coin. Make at least 2 referrals. Tell your referrals to do the same. That's it! You're on your way to earning US$15,000.00 per week

 
 
What is a tracking center?
 
Upon receipt of your draft, QuestNet will assign you a Tracking Center (TC). Your TC will keep track of your direct referrals and all subsequent indirect referrals made down your line. To keep track of all your referrals, you may request for a genealogy report from the Internet. A TC is divided into left(L) and right(R) customer referral groups.
 

How is the customer referral plan?
 
The basic STEP is matching 3 referrals made down your left line with 3 referrals made down your right line. For every match of 3 left and 3 right referrals, you earn $250.00. Three(3) on the left and two(2) on the right will yield no compensation. It has to be a match of 3 and 3 always. Remember, these 3 left and 3 right referrals are not all your direct referrals. Most of them were referrals made by others down your line.A customer buying 3 coins is counted as 3 referrals. This means that if you have one person on your left buying 3 coins and another one on the right doing the same it is counted as 3 left and 3 right. So the the number of sold products counts not the number of customers.
 

Why to buy?
 
Why not? What can keep you from buying?
 
“Too good to be true. It's probably even a scam.”
For the past year, QuestNet has been holding daily business opportunity meetings/seminars in public places like hotels, shopping malls, restaurants, etc. If QuestNet were illegal, the host governments would have long ago put a stop to all its activities. Moreover, if this business were a scam, more than 600,000 customers would have filed lawsuits against the company. But hey look, QuestNet is getting better and stronger everyday!
 
“I can't afford to spend $530.00-.”
The trick then is to make your first two referrals right away. In a few weeks, or maybe even days, when you complete your first 3 & 3, you'll get another product but if you in the beginning started by buying more expensive product or for US$ 860 the first match of 3 plus 3 would give you US$ 250. This is because there is nothing and no one keeping those who were referred down your line from making their own referrals. Who would not want their money's worth back as soon as possible?
 
“I don't have any money”
Lots of ways to skin a cat, so they say. Here's one: Share a Tracking Center (TC) with one, two or even three of your siblings, parents or close friends. This will work to your advantage because there will be more people from one TC who will make referrals. Your TC will start earning faster. Once the TC is earning enough, then each of you and your partners may opt to buy your own TCs . Each of you will then have his/her own TC while having a mother TC. Double earnings!
 
“Too busy. I don't have time.”
Making at least two referrals doesn't really require a lot of time, does it? There is no time limit as to when you should make your referrals. After all, you do make referrals every now and then -you refer people to a good shop, a movie you've seen (you have time for that!?), a doctor, etc. Go to the 10-month and the 1-1/2-year scenarios. Here, it was proven that even if you make referrals at the rate of only 1 or 2 persons a month, and stop after making two referrals, and with everyone else down your line doing the same pace, you are still bound to earn big.
 


How can QuestNet affort to give so much bonuses?

i - Flushing system

There is a flushing system so there is a maximum income for one day, a match of 30 plus 30 referrals in one day.
 

ii - Cap on maximum income per week

The maximum QuestNet can afford per week for 1 Tracking Center(TC) is USD 15 000. Therefore the cashflow of the company can be maintained.

iii - No advertising

The reason that QuestNet can afford all these commissions is the fact that QuestNet does not do any commercial advertising. QuestNet has no advertising cost; the budget that is normally allocated for advertising in now set aside for its customers, who do the advertising for us by way of word-of-mouth promotions.

Example : a can of cola that the consumer buys for P10.00 really only contains about P0.50 worth of product! Yearly, cola companies all over the world spend hundreds of millions by way of advertising. That is why the final cost to the consumer is P10.00!

QuestNet doesn’t spend millions to advertise, but we have paid out millions to our customers who advertise for us! Just think how wonderful it would be if all companies paid customers who generate business for them!


Why do some invest in more than 1 gold coin?

 

Some because they are interested in the investment, others because they plan to earn more.
 

What happens if I made no referrals?
 
You can just be a happy customer with a great product.
 
 
 
What are the differences between pyramiding and QuestNet business?
 
The most essential characteristic of a pyramiding scheme is that it capitalizes on the recruitment of new distributors who basically invest money to get into the plan, and the marketing and selling of products and services is ignored.
 
QuestNet is a retailer of gold and other products  that sells directly to each customer, and not through distributors. The Customer Referral Program is based on the sound business practice of giving referral commissions to customers who encourage others to also become customers of QuestNet. This program is similar to "Customer-Get-Customer" or "Member-Get-Member" referral programs of other well-known companies.
 

What is V-Team role in QuestNet?
 
V-Team is the biggest customer of QuestNet. It has expanded its network to over 10,000 such that it has been appointed by QuestNet to become its marketing and training arm. They come up with the marketing and training materials to help develop the network and endorse our product.
 

Is it possible for TCOs to obtain their genealogy online?
 
To keep track of your referrals, you can get the volume of your right and left customer groups and a genealogy report through an online inquiry.
 
 
Can people from other countries wherein QuestNet does not have a representative office still purchase products and conduct the business?
 
People from countries that do not have a QuestNet representative office yet can still proceed with the QuestNet business because one of the advantages of the plan is that it is seamless and knows no national boundaries. Now 100% e-commerce is utilized.
 

Can I exchange a product?
 
Yes, you can.
 

Who is behind GoldQuest International?

GoldQuest was formed by an investment group from the EU and ASEAN as well as an Asian team of industry leaders with extensive networking experience called V-TEAM. This powerful fusion of corporate and networking expertise has laid dedicated to building opportunities not just for itself but for all of its customers. Later QuestNet was formed to cater for the rapid expansion of the business.
 

Can those who join the program now earn more than those who joined earlier?

Yes, an upline is not guaranteed to earn before the downline. Downlines can earn before uplines. Downlines can earn more than the upline. This is due to the binary nature of the two customer groups and the balance required to earn commission. Remember: 3L + 3R = US $250. If the upline cannot balance their legs, they won't be given the commission.
 
 
 
 
 
IF YOU HAVE ANY OTHER QUESTION, PLEASE EMAIL ME.
 

 

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Last modified: 10/05/05