Opportunities abound for the new Internet marketer as well
as the seasoned one. So where does YNF (your new fortune)
stack up as a viable option or scam? Well, when I started
looking into this opportunity, I found some very
interesting facts to consider. Taking a close look at the
good and bad points of the program.
Your New Fortune started March 2006. Then, the marketing
site of YNF Downline Builders was instituted in July 2007.
Your New Fortune is an entry level business in EDC Gold
and is included with the EDC Gold membership package at
$997. When you join EDC Gold, it includes YNF. Once someone
becomes a member and starts earning, he can then graduate
to the other two higher levels of the EDC system called EDC
Gold and Easy Daily Cash at either $397 or $997.
The product package offered contains various different
software and audio books that can be utilized for anything,
and I mean anything. You go from 101 recipes in a flash
[which has nothing to do with on-line marketing] to
building and creating websites with uploading audio and
video to your site.
Now, how much does it cost? And how does the compensation
plan stack up?
When someone joins YNF as a member they pay a monthly
membership fee of $69.95 paid to their sponsor and $24.95
monthly paid to Innovative Aspects for their YNF Builder
Marketing System. The compensation plan is based on the
Australian 1-up plan where your first sale is passed up to
your sponsor. After your first sale, you then become
qualified. Then at that point you are qualified to start
receiving sales and you start earning a monthly residual
commission of $69.95 from your new member. Now when your
new member makes their first sale, that sale is now passed
up to you and you will earn a monthly residual commission
of $69.95.
The Up side to YNF:
The cost to get started with the program is low. It has the
network marketing compensation strategy without technically
being a network marketing company where you are receiving
100% of the profits once qualified. Where in a network
marketing company you are usually receiving a percentage of
the profits .
The Downside:
Although a low cost program to get in, lets look at the
difference in this and a higher ticket program with no pass
up sales. For example if you sign up 10 new people your
first month ,you will have made $629.55 (remember you have
passed up your first sale). With a zero up ( meaning you
did not pass up any sales, you get paid instantly) higher
priced program you could earn anywhere from $4000-$10000 a
month on those same 10 people. Basically, you get what you
put into it is all that amounts to. But another thing to
look at also is the fact that when one does graduate to one
of the 2 higher levels you are talking about a 2 up program
that you are promoting now. Where affiliates are passing up
their first 2 sales to their sponsor and then break away.
This could become real challenging to the newbie when those
first couple of sales are critical to help keep them going.
Wrapping it up, YNF is a low cost program with some good
software products to offer. However, being the low cost
program that it is, you have to ask what is it costing me
in the long run? As with any program do your due diligence.
A good sponsor is just as critical to examine as the
program itself. Are you going to get the help to get
started? Make sure there is contact info so you can get in
touch with them. What if any are the hidden costs involved
and know that as with anything, knowledge, discipline and
diligence will get you a long way in this business!
----------------------------------------------------
Candi May is a Top Internet marketer and home business
mentor. She specializes in helping others succeed and
realize their true potential in the home business industry.
To learn more go to http://www.cyberwealthformula.com
No comments:
Post a Comment