Questions & Answers

OUR BUSINESS

Q&A

Questions & Answers

ICT

In what industry is ICT?
ICT focuses on international trade & development by disrupting and changing traditional software distribution channels. ICT’s leverage lies in combining the crowd and gig economy.

What is direct selling?
Direct selling refers to selling products directly to the consumer in a non-retail environment. Direct selling allows individuals with no experience to start a business with modest overheads.

Direct selling offers user-friendly entrepreneurship to anyone: minor start-up costs and no experience required is all you need to start a business. In direct selling, distributors earn income by selling products directly to the customer. What’s more, Direct selling allows entrepreneurs to recruit others to join their sales network, sell products and increase their income potential.

Why do I have to buy ICT products through a distributor?
ICT collaborates with network marketing ventures where sales depend on the distributor’s ability to share products and business opportunities. ICT strives to connect apps, software and services to committed and ambitious salespeople.

Why haven’t I heard of ICT products?
ICT’s portfolio of apps, software and services are sold exclusively through our ventures and affiliates. You will not find them through any other online retailers.

Why doesn’t ICT sell products in stores?
ICT’s direct selling business model is built on recommendations from ICT’s members to their customers.

Do you take your Corporate Social Responsibility seriously?
For ICT to operate successfully as a privately held company it has an obligation to generate profitable results. Part of our revenue will be earmarked for charity projects. We aim to motivate and engage our successful leaders to join us in sustainable, legitimate charity projects.

During Q1 and Q2 of 2020, ICT will develop and launch the company’s CRS policy.

Why are you involved in online gambling and the sale of lottery tickets?
As the first vertical for digital products, it is logical to start with the industry that pays the highest commissions for new customer acquisitions. It is also the industry that is most used to work with affiliate marketing. Moreover, it is one of the most widespread industries. Finally, online gambling is heavily regulated and a sector where player protection and compliance has come a very long way in the past 5 years.

How much of your revenue is, or will be spent on CSR or charity related projects?
We are a start-up and cannot predict, or reveal, our long-term revenues with any certainty. Nevertheless, we are passionately committed to making a positive impact in the third world – which means engaging in CSR going forward.

Why will you be involved in CSR?
We believe that in today’s world CSR is an essential part of running a business. It our responsibility to engage in sustainable, long-term projects that benefit communities in need.

Is ICT compliant?
Yes. For ICT to operate successfully as a privately held company within the European Union, we must comply with the relevant rules and regulations. Due to the nature and reputation of the industry we operate in, we have chosen complete transparency with respect to our business ventures. You can find further information under Corporate Social Responsibility (to be launched during Q2 of 2020).

Do you KYC* all of your customers?
Yes. We spend considerable human and financial resources on KYC procedures to verify our members. As KYC is a legal requirement, it is part of the expected compliance process within the European Union.

*Know Your Customer

Does ICT pay taxes?
Yes. This is part of ICT’s compliance and corporate governance policy. Furthermore, we have partnered with one of the world’s leading auditing companies to ensure we are fully compliant from a financial and legal standpoint.