EDC Gold Diamond level members are promised more benefits
like higher commissions, but they also may be risking more
when they join. At this level, members are entitled to
$1500 for each Diamond level membership they sell. But for
this opportunity, you are paying steep $2495 price tag
yourself, unless you reach diamond level by starting at a
lower level. This alternative allows you to invest as
little as $397 and work your way up to diamond level as you
make sales. While the monthly fee is higher at this top
level, you earn $50 a month for each person you sponsor.
Additionally, you are entitled to a bonus of $500 when
someone on your team makes a sale.
Besides the risk of that you will not earn enough to cover
your investment to join, there are some drawbacks to the
compensation plan. After joining and making your two
training sales are likely to lose any help you were getting
from your mentor because in the 2-up plan, after your first
two sales there is no incentive for the mentor to continue
sharing his or her time and expertise with you. In fact,
that person has a reason not to help you—you are now
competing with him or her for customers.
There are some who believe high-ticket direct sales
programs like these are about to be targeted by the FTC.
Thus there is the additional risk that the business will be
shut down if the FTC prohibits companies from charging
membership fees before people can make any money. Already
there is the chance that members will not make enough sales
to cover their initial start-up cost. Former members have
complained that the training offered to members does not
actually do a good job of teaching people how to market
online.
To sum up, there are several major criticisms of EDC Gold
Diamond level. First, the high price tag means it is harder
for people to afford and this difficult for a member to
sell to others. Second, the training and support materials
are reported to be of lower quality than advertised.
Third, the whole system is similar to other businesses the
FTC has shut down or forced radical restructuring upon if
they wanted to stay in business. If you are willing to
take these risks and join anyway, you stand a chance of
making money, but be warned that some people never recover
as much money as they put in to get started.
----------------------------------------------------
Jayne Manziel is a successful Entrepreneur coach and has
helped hundred's of people build their business for over 20
years. She devotes the time, energy, and effort into her
team and mentors them to ensure their success. To learn
more visit Jayne's Making Money Online website at
http://www.freecashcoach.com . A proven leader, she offers
a Sales and Marketing Strategy for all of her team members
in achieving financial success.
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