Edc Diamond-scam and Business Review

<h1>Edc Diamond-scam and Business Review</h1>Author: <a title="Billy Vaughn" href="http://www.articlesbase.com/authors/billy-vaughn/34138.htm">Billy Vaughn</a> Are you looking into the program EDC Diamond and trying to figure out if it's a scam or not? This article will provide you with an fair review of the company The Originators Originators Craig Garcia & Michael Corcoran launched Easy Daily Cash or EDC in Feb. 2006. EDC Gold was their next launch in Nov. 2006. Products EDC members produce their income by selling software and eBooks online. They are the traditional products including web templates, creating websites, article submission, email marketing, using Ebay, WebAudio plus, blog marketing, and affiliate programs. Price To Join There are 3 levels to the program: A) EDC Gold priced at $997, $49.95 monthly admin fee B) EDC priced at $297, $39.95 monthly admin fee C) Your New Fortune priced at $69.95, no monthly fee EDC Diamond is the newest level to be added to EDC. The price to join this level is $2497, plus $79.95 per month. The Compensation Outline The company has a modified 2-Up pay plan. This means that you have to give up (2) sales to your sponsor. This is a difficult compensation plan for an online beginner related to the fact that once the sponsor has profited from their 2 pass up sales, the newbie breaks away from them. What reason would they have to help coach you when they are no longer making any money off of you? It is to their superiority to help their other new members earn their first 2 sales that they will get paid on, but after that you are on your own. Closing While EDC Gold and EDC Diamond are not a scam, there are some encumbrances to the program. The biggest factor that is problematic is with the EDC comp plan. As stated before, the 2-Up plan is not ideal for building team synergy. As a sponsor, you want to be able to coach someone and then be rewarded for your coaching efforts. However, after the sponsor make money off of their member's first 2 sales, they break away from the sponsor. There is no longer any reason for the sponsor to coach their members. The other problem is directly related to the first. A huge factor for begining internet marketers to be successful is choosing the right coach to guide them. This is the first step to attaining success with online marketing for the beginner marketer. However, after the member breaks away from their sponsor in a 2 up plan, the guidance and coaching will more than likely cease as well. After that happens, the sponsor is actually in direct competition with the member.About the Author: Billy Vaughn is a successful entrepreneur who has been involved in network marketing since 2004. He now builds his business primarily online via internet marketing. For a limited time, Billy is offering mentoring to those serious about achieving success online. <A href="http://www.successonlinein3steps.com/"><a target="_blank" href="http://www.successonlinein3steps.com">http://www.successonlinein3steps.com</a></A>Article Source: <a href="http://www.articlesbase.com/">ArticlesBase.com</a> - <a href="http://www.articlesbase.com/internet-articles/edc-diamondscam-and-business-review-354230.html" title="Edc Diamond-scam and Business Review">Edc Diamond-scam and Business Review</a>

Are you looking into the program EDC Diamond and trying to figure out if it's a scam or not? This article will provide you with an fair review of the company

The Originators

Originators Craig Garcia & Michael Corcoran launched Easy Daily Cash or EDC in Feb. 2006. EDC Gold was their next launch in Nov. 2006.

Products

EDC members produce their income by selling software and eBooks online. They are the traditional products including web templates, creating websites, article submission, email marketing, using Ebay, WebAudio plus, blog marketing, and affiliate programs.

Price To Join

There are 3 levels to the program:

A) EDC Gold priced at $997, $49.95 monthly admin fee

B) EDC priced at $297, $39.95 monthly admin fee

C) Your New Fortune priced at $69.95, no monthly fee

EDC Diamond is the newest level to be added to EDC. The price to join this level is $2497, plus $79.95 per month.

The Compensation Outline

The company has a modified 2-Up pay plan. This means that you have to give up (2) sales to your sponsor. This is a difficult compensation plan for an online beginner related to the fact that once the sponsor has profited from their 2 pass up sales, the newbie breaks away from them. What reason would they have to help coach you when they are no longer making any money off of you? It is to their superiority to help their other new members earn their first 2 sales that they will get paid on, but after that you are on your own.

Closing

While EDC Gold and EDC Diamond are not a scam, there are some encumbrances to the program. The biggest factor that is problematic is with the EDC comp plan. As stated before, the 2-Up plan is not ideal for building team synergy. As a sponsor, you want to be able to coach someone and then be rewarded for your coaching efforts. However, after the sponsor make money off of their member's first 2 sales, they break away from the sponsor. There is no longer any reason for the sponsor to coach their members.

The other problem is directly related to the first. A huge factor for begining internet marketers to be successful is choosing the right coach to guide them. This is the first step to attaining success with online marketing for the beginner marketer. However, after the member breaks away from their sponsor in a 2 up plan, the guidance and coaching will more than likely cease as well. After that happens, the sponsor is actually in direct competition with the member.

Billy Vaughn is a successful entrepreneur who has been involved in network marketing since 2004. He now builds his business primarily online via internet marketing. For a limited time, Billy is offering mentoring to those serious about achieving success online. http://www.successonlinein3steps.com

Rate this Article:

0 / 5 stars - 0 vote(s)

Re-Publish

Article Source: http://www.articlesbase.com/internet-articles/edc-diamondscam-and-business-review-354230.html

Related Articles
Related Q&A

Latest Internet Articles
More from Billy Vaughn

Website for kids a great help for learning

By: jack chappel | 22/12/2009
Keep an eye on the use of the internet for your kids and let them take all the advantages of the kids websites.

Do You Have What It Takes To Develop A Profitable Online Home Business?

By: Cynthia Minnaar | 22/12/2009
There you have it, the basics to building a successful online home business. If you have what it takes to do these you can make a lot of money in the industry

7 Strategies for Building Online Relationships with Industry VIPs

By: Donna Gunter | 22/12/2009
One of the most difficult aspects of being an independent service professional is being seen as credible and as a viable expert in your industry. With the advent of Internet marketing, that time process has been greatly accelerated. Here are 7 strategies that will help you build successful relationships with your industry VIPs:

Issue with IE8

By: Justin Gollnick | 22/12/2009
Having trouble with Internet Explorer 8? It might not be the best browser for your computer.

Search Engine Optimization SEO Forums or Blogs

By: Harold Stofman | 22/12/2009
Forums and forum hosting. It can be asked why not simply run a blog. Good question. Yet for those involved in Search Engine Optimization - SEO - its practice , techniques and strategies , nothing calls out more and leaves a poor first impression of a websites than an empty...

Tips of Choosing a Domain Name That is SEO Friendly

By: Dhruv Patel | 22/12/2009
A domain name is a regular occurrence in the online world. Most companies have domain names. But choosing a domain name that is SEO friendly is a vital key to success and growth. Integrating keywords into a domain name is a boost to getting high page ranking from online search...

How to Make Lots of Money From Writing Articles

By: Dhruv Patel | 22/12/2009
Who doesn't need more money? Who doesn't worry about the monthly bills? Oh, here come the bills again. How am I going to pay them? Did you ever wish that you could add a few more zeros to your account balance? Are you struggling to raise a family? How about...

Top Factors Slowing Down Your Website

By: Jason Kay | 22/12/2009
Obey the Four Second Rule In the world of websites they say that if a page doesn't load within four seconds that most visitors are likely to leave, so if your website is slowing, what are the top factors making it do so? Figuring out what it is exactly that is...

Make Money Online

By: Billy Vaughn | 29/03/2008 | Internet
Some Information on how to make money online.Affiliate marketing. Affiliate marketing is simple. If you send someone to a site and a sale is made, you get a commission. While the concept is simple, and it is, you still need to consider some things before you dive in. Like choosing a product that will convert sales well and getting visitors to go to the site using what they call your affiliate link. There are a TON of books and courses on affiliate marketing. I suggest you start by reading all the free ones you can get your hands on. Trust me, that can keep you busy reading for a while.

Easy Ways to Make Money Online

By: Billy Vaughn | 26/03/2008 | Internet
Easy ways to make money online.There are many ways to make money online today.

Funded Proposal -mlm and Lead Generation

By: Billy Vaughn | 19/03/2008 | Internet
Information about funded proposals.A funded proposal is a new way of doing business, in which network marketers make money to fund their advertising endeavors and gain new prospects for their network marketing business as well. It's not too difficult of a process, if you know what you are doing. It starts off with using one of your marketing vehicles to generate leads by capturing information through making a sale. In essence, having a funded proposal system in place is basically allowing your business prospects to pay all or most of the expenses that you accrue through promoting your business.

Success University

By: Billy Vaughn | 11/03/2008 | Internet
How To build wealth with Success University.Success University is a revolutionary online school that is one of a kind. This innovative online institution is the very first ever to be devoted entirely to personal development of its students and its emphasis is also on the spirit of entrepreneurialism.

Make Money Online From Home

By: Billy Vaughn | 03/03/2008 | Internet
Make money online fast.You have to have the go getting attitude to achieve this and to know how to make money. If you want your hard work to pay off and succeed in your venture you can join any of the online ventures and learn how to make money. With the numerous choices available for earning more money you can very easily feel that money does grow on trees!

How to Earn Money Online

By: Billy Vaughn | 18/02/2008 | Internet
How to make money online from home.There are a lot of ways to make money online. All you need is a little creativity, a computer with internet access, desire and most importantly, guidance. When most people try to do this, they boot up their computers, pull up a web browser and get the virtual equivalent of writer's block.

Clickbank Malls

By: Billy Vaughn | 16/02/2008 | Internet
Information about Clickbank Malls-There are many types of online shopping malls. There are online malls that have specialty stores the target certain types of shoppers and then there are mall that try to cater to most everyone. The online shopping malls that try to offer merchandise to everyone takes into account that there is more than one shopper in each family and each has their own unique things that they are looking for.