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Article Directory :: Internet Marketing/Online Business Articles
Are you looking for more information on the EDCDiamond business opportunity? What follows is an unbiased look at the facts surrounding the program.
A) Corporate Items
The EDCDiamond parent opportunity, Easy Daily Cash (EDC), was launched in February of 2006. EDC Gold was later launched in November of 2006.
It wasn't until late 2007 that EDC founders Craig Garcia and Michael Corcoran launched EDCDiamond. A revised payment plan comes with the new incarnation.
The products, however, are virtually the same. EDC members are getting marketing software and digital e-books for download.
B) Cost To Join
There are three packages that come included when you purchase EDCDiamond. Their names and retail prices break down as follows:
* EDC Gold - $997 plus a $49.95 admin. fee
* EDC - $297 plus a $39.95 admin. fee
* Your New Fortune - $69.95 no monthly fee
So, you get everything above if you join through EDCDiamond. How much does it all cost?
* $2,497 plus another $79.95 per month
B) The Compensation Plan
The company boasts a modified 2-up pay plan. This means you will have to pass up half of each of your first two sales to your sponsor.
How much money will you be making every time you make a sale? Direct commissions, depending on the level your affiliate comes in at, include:
* $1,500
* $997
* $600
* $397
Something new is the addition of residual commissions. You can earn up to $50 per month for every new member you bring in. As long as your affiliates stay paid up every month, this can create a passive income for you in the long term.
C) The Reality Of It All
The big drawback here is the payment structure. By passing up half of your first two sales, you are passing up money from the most difficult sales to make.
It's important to reinvest your profits into advertising as soon as possible. This becomes difficult to do when you are required to give potentially thousands of dollars to your sponsor at the beginning.
EDCDiamond claims this passing up is exactly the thing that motivates your sponsor to help you. While this may be true, once you have passed up your required sales to them, he or she is no longer motivated to continue guiding you.
In internet marketing, often the quickest way to financial success is to find a mentor that can guide you through the challenges of marketing online. This is near impossible to do if your sponsor cuts and runs on you.
Conclusion
Ultimately, you will be the one that needs to decide if EDCDiamond is the right opportunity for you.
The proper guidance and training will help to ensure your success online. Therefore, make sure you're comfortable with the person you join with, no matter what the opportunity.
For information on how to take control of your financial situation and earn great wealth online, visit Perfect Wealth Formula - Ian Kamen is an industry leading internet marketer and Founding Partner of Seahawk Marketing Group. His mission is to help others learn to generate a 6-figure income working from home. You may contact him at seahawkmarketing@gmail.com
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