Are you looking into the program EDC Diamond and trying to
figure out if it's a scam or not? This article will provide
you with an fair review of the company
The Originators
Originators Craig Garcia & Michael Corcoran launched Easy
Daily Cash or EDC in Feb. 2006. EDC Gold was their next
launch in Nov. 2006.
Products
EDC members produce their income by selling 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.
Price 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
price to join this level is $2497, plus $79.95 per month.
The Compensation Outline
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
difficult compensation plan for an online beginner related
to the fact that once the sponsor has profited from their 2
pass up sales, the newbie breaks away from them. What
reason would they have to help coach you when they are no
longer making any money off of you? It is to their
superiority to help their other new members earn their
first 2 sales that they will get paid on, but after that
you are on your own.
Closing
While EDC Gold and EDC Diamond are not a scam, there are
some encumbrances 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 building team synergy. As a
sponsor, you want to be able to coach someone and then be
rewarded for your coaching efforts. However, after the
sponsor make money off of their member's first 2 sales,
they break away from the sponsor. There is no longer any
reason for the sponsor to coach their members.
The other problem is directly related to the first. A huge
factor for begining internet marketers to be successful is
choosing the right coach to guide them. This is the first
step to attaining success with online marketing for the
beginner marketer. However, after the member breaks away
from their sponsor in a 2 up plan, the guidance and
coaching will more than likely cease as well. After that
happens, the sponsor is actually in direct competition with
the member.
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Billy Vaughn is a successful entrepreneur who has been
involved in network marketing since 2004. He now builds his
business primarily online via internet marketing. For a
limited time, Billy is offering mentoring to those serious
about achieving success online.
http://www.LittleTicketToWealth.com
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