EDC Gold - Business Review - Real Business or Scam?
by Gordon Garza
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 (EDC) founder's Craig Garcia and Michael Corcoran began in February 2006. Meanwhile in November 2006 EDC Gold was started.
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 cost $997, $49.95 monthly admin fee
3. Easy Daily Cash $297, monthly subscription of $39.95
4. Your New Fortune which price is $69.95, $0.00 per month
If you join EDC you can sell products like software and audio books to create income online.
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 online business and internet marketing your sponsor is going to help you make your first 2 sales but after that you and your business now have become the sponsor's competition. You need to ask yourself what reason does your sponsor have to train you any longer. They are going to continue to help the new signups with their first 2 sales to continue getting paid.
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 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.