EDC Gold – Business Review – Real Business or Scam?
EDC Gold, EDC Diamond or Easy Daily Cash is a home based business that you’re doing your research on and I hope this review helps you to make an informative decision if EDC Gold is a scam and the best home based business for you.
Easy Daily Cash or EDC owner’s Craig Garcia and Michael Corcoran started in February 2006. Then in November 2006 EDC Gold was started.
EDC has four levels you can decide from starting with the following options:
1. EDC Diamond which cost $2497, $79.95 monthly admin fee
2. EDC Gold $997, monthly subscription of $49.95
3. Easy Daily Cash $297, monthly subscription of $39.95
4. Your New Fortune which cost $69.95, $0.00 monthly admin fee
EDC members have access to software and audio books that they can retail in bundles online to produce income.
The compensation plan for EDC is called a modified 2-Up pay plan. Critical that you comprehend what this means, which is, you have to pass up two sales to your sponsor. If you are brand-new to online marketing this sort of plan can be extremely tough 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.
My assessment of EDC Gold – EDC Diamond is that they are not a scam, but there are some issues with this home based business opportunity. The issue that stands out foremost is EDC compensation plan.
Which I explained before but just needs repeated, a modified 2-up pay plan does not promote a team atmosphere. When you sponsor a person you train 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 make any more sales from them. At this point the sponsor has no motivation to mentor their members.
The next thing that is an issue when you are just starting out as an internet marketer with your home based business. You need to find the right mentor to help you become a successful online 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 train you any longer to become successful online marketer.
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