Have you heard about the program EDC Diamond and are
curious about whether it's a scam or not? This article will
give you an unbiased look at the company and the
opportunity.
The Founders
Founders Craig Garcia & Michael Corcoran launched Easy
Daily Cash or EDC in Feb. 2006. EDC Gold was then launched
in Nov. 2006.
Products
EDC members generate their income by marketing software and
eBooks online. They are the traditional products including
web templates, creating websites, article submission, email
marketing, using Ebay, WebAudio plus, blog marketing, and
affiliate programs.
Cost To Join
There are 3 levels to the program:
A) EDC Gold priced at $997, $49.95 monthly admin fee
B) EDC priced at $297, $39.95 monthly admin fee
C) Your New Fortune priced at $69.95, no monthly fee
EDC Diamond is the newest level to be added to EDC. The
cost to join this level is $2497, plus $79.95 per month.
The Compensation Plan
The company has a modified 2-Up pay plan. This means that
you have to give up (2) sales to your sponsor. This is a
problematic compensation plan for an internet newbie
because once the sponsor has earned their two pass up sales
from the newbie, he/she breaks away from them. What reason
would they have to help train you when they are no longer
earning any money off of you? It is to their advantage to
help their other new signups earn their first 2 sales that
they will get paid on, but after that you are on your own.
Conclusion
While EDC Gold and EDC Diamond are not a scam, there are
some hindrances to the program. The biggest factor that is
problematic is with the EDC comp plan. As stated before,
the 2-Up plan is not ideal for forming team synergy. As a
sponsor, you want to be able to train someone and then be
rewarded for your training efforts. However, after the
sponsor earns off of their member's first 2 sales, they
break away from the sponsor. There is no longer any reason
for the sponsor to train their members.
The other problem is directly related to the first. The
biggest factor for many online marketers in achieving
success is finding the right mentor to train them. This is
the first step to obtaining success with online marketing
for the novice marketer. However, when the member breaks
away from their sponsor in a 2-up comp plan, the training
will almost definitely stop. After that happens, the
sponsor is actually in direct competition with the member.
----------------------------------------------------
If you are looking to earn a Substantial Income Online,
visit http://www.BigTicketWealth.org .
Brian McCoy is a six figure earner and one of the top
income earners in the home business industry. Brian works
with entrepreneurs around the world. He devotes the time,
energy, and effort into his team and works with them to
ensure their success.
No comments:
Post a Comment