Numis Network Comparison

Welcome to this not so independent comparison of the Numis Network with its competitors. I will not name any of the competitors in this article, they know who they are. Besides I'm sure there will be more and more of them as the year progresses. Full disclosure, I am a Numis Network Independent Collector Representative (ICR). I have been involved with Numis for the last three months, but have known about the company for almost a year now. If I have any regrets, it's that I didn't get involved sooner. For those that don't know, Numis is the first network marketing company to promote the sale of collectible gold and silver numismatic coins. The Numis Network is a category creator, as this had never been done in network marketing.

But as if to validate the wisdom of the Numis Network founders, there have been a number of copy-cat, me-too companies that have entered the market. Why, you ask? Because gold and silver has never been hotter. And Numis had no real competition in the marketplace. In my opinion, most of these companies offer an inferior product though. Numis is still the only company marketing Mint State 70 (MS-70) gold and silver coins. MS-70 coins have been graded as perfect in every way on the Sheldon scale. They are uncirculated coins that have never been touched by the human hand. Only about ten percent of coins submitted for grading make the cut as MS-70. Pretty much all of these other companies offer either ungraded coins or almost perfect (MS-69)coins. So sure, an inferior coin will be less worth in a collector's eyes than a perfect coin. But then Numis never claimed to have the cheapest coins, but they do promise that all of their coins are competitively priced, based on what the market will bear.

These companies also attempt to copy the Numis Network's compensation plan, or parts of it. I've heard that imitation is the sincerest form of flattery. But then these same copy-cat, me too companies will say how much better their compensation plans are compared to Numis. The founders of Numis have for the last ten years owned a company called the International Direct Selling Technology Corporation (IDSTC) that has created the compensation plans, software solutions, and back-office systems for over 400 network marketing companies. For the Numis Network, they combined two of the most popular compensation plans. The binary compensation plan for long term residual income and a coded bonus system for immediate upfront money. There are about six or seven other ways to be compensated in Numis as well. In addition to a lucrative compensation plan, Numis offers its representatives opportunities to earn or win all expenses paid luxury vacations and cruises several times a year.

Most of what you hear from these other companies is basically that they are a better deal because they have a cheaper cost of entry, or that they have a cheaper product, or that their compensation plan pays more per coin than Numis. But they all compare themselves to Numis because Numis is the standard for excellence in this niche of the industry.

And what sets the Numis Network apart from the rest in my opinion is the leadership of the company. In addition to their management of IDSTC, the founders of Numis have over 60 years experience in the network marketing industry, including being the top representatives in other MLM companies and successfully running other MLM companies. In the ranks of the representatives we also have legitimate internet and network marketing superstars like Ray Higdon, Bert Hedges, Cedrick Harris, David Wood, and Larry Beacham, to name a few.

Numis also prides itself on providing outstanding training in internet marketing, offline marketing, and of course, training in all things coins. A lot of this training is provided in the representatives back office. The company also provides weekly training calls and webinars. I am often suprised how involved the founders are in providing training. The upline leadership is actively involved in training all Numis reps whether they are on their teams or not. Everyone seem to have the same goals, to give every representative the best chance to succeed and to grow the company for the benefit of all.

Numis is also a financially sound, debt-free enterprise, funded with the owners' own money. Retention in the company is strong. And the product is so compelling that a higher percentage of representatives maintain an active autoship when compared to other companies. The company experienced explosive growth in 2010 and 2011 portends to be an even more explosive year. As I mentioned earlier, my only regret was not getting involved sooner. Having said that, the time is absolutely ripe to get involved with Numis if you haven't already. We currently have around 15,000 representatives and are right on the edge of critical mass. The future of the Numis Network could not be brighter, and the future of the copycats is far from certain. If you're thinking about getting in the Gold and Silver business, and you should be, then the Numis Network is your best bet.