EDC Gold - Business Review - Real Business or Scam?
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.
EDC has four levels you can choose from starting with the following:
1. EDC Diamond $2497, monthly subscription of $79.95
2. EDC Gold level which price is $997, $49.95 per month
3. Easy Daily Cash which price is $297.00, $39.95 per month
4. Your New Fortune which price is $69.95, $0.00 per month
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.
If you are just starting your work from home business and online marketing your sponsor well begin to help you make your first two sales but upon which you and your home based business now have turn into the sponsor’s competition. You want to consider yourself what reason does your sponsor have to help you any longer. Your sponsor then starts with his or hers new sign ups with their first 2 sales to continue making money.
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.
Sorry to repeat myself here but need to make sure I explained this well to you. The modified 2-up pay plan does not go hand and hand with a team building business model. You find yourself sponsoring 2 people just to train them to become your competition. It makes more sense to me that the business model continues to pay you as you mentor your down line and they make sales.
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.