EDC Gold – Scam Or Real Business Opportunity EDC Diamond – Review
EDC Gold or Easy Daily Cash or EDC Diamond may be a business opportunity that you are looking to join. This review is going to help you decide if EDCGold is a scam or real business opportunity for you.
Easy Daily Cash (EDC) started in February 2006 by owner’s Michael Corcoran and Craig Garcia. EDC Gold started a short time later in November 2006.
You have four levels that you can start your EDC Business:
1. EDC Diamond which cost $2497, $79.95 monthly admin fee
2. EDC Gold level which cost $997, $49.95 monthly admin fee
3. Easy Daily Cash which cost $297.00, $39.95 monthly admin fee
4. Your New Fortune which cost $69.95, $0.00 monthly admin fee
Once you join you can sale software and audio books online as a source of income.
The compensation plan for EDC is called a modified 2-Up pay plan. Important that you understand what this means, which is you have to pass up two sales to your sponsor. If you are new to internet marketing this type of plan can be very difficult for you.
A person just starting EDC depends on their sponsor to mentor them with their first 2 sales. Now after you make your first 2 sales you have now broken away from you sponsor and are their direct competition. The question here is what reason your sponsor has at this point to continue to train you with this business opportunity. Your sponsor is now begin to train his new sign-ups with their first two sales to make his income.
In conclusion EDC Gold – EDC Diamond isn’t a scam, but there are some issues with this home based business. The issue that stands out first is EDC Gold compensation plan.
Which I explained prior but just needs harping, a modified 2-up pay plan does not promote a team environment. When you sponsor a person you prepare them to make their first 2 sales, you really want to mentor that person and continue to benefit from your training hard work. They now break away from you and you don’t produce any more sales from them. At this stage the sponsor has no motivation to advice their members.
The final thing that is an issue when you are just staring out as an online marketer with your home based business. You need to find the right mentor to help you become a successful internet marketer working from home. EDC Gold 2 Up plan you break away from you sponsor and become their competition and more than likely they may not mentor you any longer to become successful internet marketer.
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