EDC Gold - Scam Or Real Business Opportunity EDC Diamond - Review
July 4, 2008
EDC Gold or Easy Daily Cash or EDC Diamond may be a business opportunity that you are looking to join. This review is going to help you decide if EDCGold is a scam or real business opportunity for you.
Easy Daily Cash or EDC owner’s Craig Garcia and Michael Corcoran started in February 2006. Then in November 2006 EDC Gold was started.
You have four levels that you can start your EDC Business:
1. EDC Diamond $2497, monthly subscription of $79.95
2. EDC Gold level which price is $997, $49.95 per month
3. Easy Daily Cash which cost $297.00, $39.95 monthly admin fee
4. Your New Fortune which cost $69.95, $0.00 monthly admin fee
Once you join you can sale software and audio books online as a source of income.
The compensation plan for EDC is called a modified 2-Up pay plan. Important that you understand what this means, which is you have to pass up two sales to your sponsor. If you are new to internet marketing this type of plan can be very difficult for you.
If you are just starting your online business and internet marketing your sponsor is going to help you make your first 2 sales but after that you and your business now have become the sponsor’s competition. You need to ask yourself what reason does your sponsor have to train you any longer. They are going to continue to help the new signups with their first 2 sales to continue getting paid.
The conclusion here is that EDC Gold or EDC Diamond is not a scam but a real business opportunity but with a problem in the compensation plan.
Which I explained prior but just needs harping, a modified 2-up pay plan does not promote a team environment. When you sponsor a person you prepare them to make their first 2 sales, you really want to mentor that person and continue to benefit from your training hard work. They now break away from you and you don’t produce any more sales from them. At this stage the sponsor has no motivation to advice their members.
The final thing that is an issue when you are just staring out as an online marketer with your home based business. You need to find the right mentor to help you become a successful internet marketer working from home. EDC Gold 2 Up plan you break away from you sponsor and become their competition and more than likely they may not mentor you any longer to become successful internet marketer.
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