Egypt ranked 102nd out of 152 countries in the UNCTAD business-to-consumer E-commerce index 2019, leaping 11 places on the list compared to 2018. The index tests the economy’s readiness to support online shopping.
Index countries are ranked based on four main indicators: account ownership at a financial institution, individuals using the Internet, Postal Reliability Index and Secure Internet servers.
Egypt’s efforts are consolidated in this sector through the telecommunications plan to digitalize content and enhance e-payments, and hence, e-commerce. The country has recently announced its intention to launch a digital e-commerce platform to compete with global ones, such as Amazon and AliBaba. Furthermore, taxation laws related to the growing e-commerce industry are currently being revised to control the industry.
The company operates in more than 100 countries through their ‘Independent Representatives’ or IRs. It offers a wide range of exclusive, high-quality products that are well-researched and carefully developed, and purchased by their customers all over the world through their secure, robust and reliable online store.
“We’re a leading e-commerce based direct selling business, offering a wide range of health, wellness and lifestyle through our e-commerce platform, which eases the purchasing process and makes our business accessible to the whole world,” the prominent Asian direct selling company, QNET’s CEO, Malou T. Caluza, commented.
Direct selling is considered a subsidiary arm of the industry, as successful companies use both E-commerce and Direct Selling strategies in their business model to reach the largest number of customers, hence, aiding the expansion of the e-commerce industry.
She also added, “Our vision is to position our company in the MENA region, especially Egypt as an E-Commerce leader within the direct selling industry and a developer of a sustainable and professional network marketing communities.”
QNET is one of Asia’s leading direct selling companies offering a wide range of health, wellness and lifestyle products that enable people to lead better lives. For 20 years, QNET’s grass-roots business model fuelled by the power of e-commerce has helped empower millions of entrepreneurs in more than 100 countries worldwide.
QNET is headquartered in Hong Kong and has a presence in more than 25 countries around the world through subsidiaries, branch offices, agency partnerships, and franchisees.
QNET is a member of the Direct Selling Associations of Malaysia, Singapore, the Philippines, Indonesia, and UAE, as well as the Hong Kong Health Food Association and the Health Supplements Industry Association of Singapore among others.
QNET is also active in sports sponsorships around the world. Some of the more prominent partnerships include being the Direct Selling Partner of Manchester City Football Club and the Confederation of African Football (CAF) Total CAF Champions League, Total CAF Confederation cup, Total CAF Super cup for 2018 and 2019.
For more information, please visit:
QNET’s website at: www.qnet.net
QNET MENA blog at: www.qbuzzar.qnet.net