EDC Diamond - Business Review
- Author Brian Mccoy
- Published January 19, 2008
- Word count 429
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 their next launch 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 sells for $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 difficult comp plan for an online novice related to the fact that once the sponsor has benefited from their 2 pass up sales, the newbie 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. A huge factor for newbie internet marketers to be successful is choosing the right mentor to guide them. This is the first step to obtaining success with online marketing for the novice marketer. However, after the member breaks away from their sponsor in a 2 up plan, the guidance and training will more than likely cease as well. When this occurs, the new marketer is directly competing with their sponsor. It is obvious who will have the upper hand in this situation.
If you are looking to earn a Substantial Income Online, visit http://www.BigTicketWealth.org .
About the Author: Brian McCoy is an industry leading internet marketer and President and CEO of McCoy Marketing Group. His mission is to develop leaders into full time home business entrepreneurs.
Article source: https://articlebiz.comRate article
Article comments
There are no posted comments.
Related articles
- How to Grow Your Small Business - From the Garage to the Warehouse to Retail
- How Do Demolition Services Benefit You?
- How to Make Money on YouTube Without Making Videos
- Maximizing Your Earnings: Tips and Tricks for Boosting Your Income
- Why Is Interior Painting so Expensive?
- Title: The Emergence of Custom-Built Metal Garages in the UK: A Sustainable Approach to Asset Protection
- Cash in on Success: Uncover the Best Affiliate Program Payouts
- How Can Home Insulation Reduce Energy Bills?
- 5 Profitable Tech Niche Markets for Online Profitability
- Overcoming Bidding Wars to Win-Win Agreements in Real Estate Negotiations
- Essential Considerations for Effective Garage Door Repair: Insights from Kiki Garage Door
- Securing Your Home with Expertise: Believe in Kiki Garage Door for First-Rate Garage Door Fixing in Mercer Island.
- Unleashing the Power of Hashtag Generator YouTube
- How to Start A Online Business?
- The Dark Side of Smart Machines: When AIs Turn Against Us
- A Step-by-Step Guide to Installing a Container Shelter
- A Complete Roadmap to End of Lease Cleaning: An A-Z Guide
- The Psychology of Wardrobe Organization: Reducing Stress and Enhancing Daily Routines
- Top-Rated Painting Contractor Lincoln, NE - Quality Workmanship
- Russell Brunson’s Secrets of Success Review: Unlocking Affiliate Opportunities
- Luxury Property Refurbishment in London: Creating Opulent Spaces
- Navigating the Kansas City Real Estate Market: Your Comprehensive Guide to a Successful Home Sale
- Enhancing Quality of Life: Non-Emergency Wheelchair Bound Transportation for Dialysis Patients in Houston, Texas
- Efficiency Starts with Cleanliness: Streamline Your Operations with Auckland's Top Cleaning Services
- Investors Drop Box vs. Traditional MLS Listings: The Future of Real Estate Investing
- Hire Shopify Store Manager Online Services with www.shopifystoremanager.com
- Work From Home Opportunities
- Understanding Free Inspection and Estimate from a Roofing Company
- Roadmap to Riches Review
- "Man and Van vs. Traditional Movers: Choosing the Best Moving Service in Manchester"