EDC Gold or Dust?

EDC Gold Review

EDC gold is an online network marketing company. It is an offshoot of the company Easy Daily Cash. Let’s take a look at this fairly new and controversial company.

The basic premise of any network marketing company is you build a team of marketers that help you make money. In turn you show these new recruits the ropes of the business.

To join EDC Gold you will spend about $1,000 dollars. What you are buying with this money is two things. First you receive a lot of software tools and e-books that teach you how to market on the Internet. They specifically teach you how to succeed in this business.

Secondly, this gives you the right to sell this program to others. So this is what you spend your first $1,000 on. Then you are offered additional products that are designed to enhance your marketing.

The compensation plan that EDC Gold uses is called a 2 up program. It works like this. To make money selling the program, you must first “qualify” by signing up two new customers. The money from these two sign-ups goes to the person who signed you up (thus the name 2up). This qualifies you to start earning yourself.

The next person you sign up, you get that commission. Now you will also get the commission from the first two sign ups of the three that you have signed up. For every new person you bring in, you will receive the commission from them, and their first two “qualifying” sales.

These are the basics of how EDC gold works. It is a young company, about two years old. There is a lot of debate about this company. Let’s look at some pros and cons of this business.

First and foremost, although the marketing is entirely Internet based, you will eventually be trying to close clients over the phone. This is not a passive income. You need to have some salesmanship skills to make this work.

Secondly, and this can be viewed as a pro or a con, you are not building residual income. You must continually bring in new sign ups, and then help them qualify to be able to make money themselves.

The most obvious hurdle to overcome in this business is the qualifying stage. People have to be willing to give up their first two sales completely in this system. This is asking a lot even if the business has a lot of merits otherwise.

This is EDC Gold in a nutshell. Some people despise it, and think it’s a total scam. Others claim it’s a viable way to make big bucks online. They will say you just need to stick with the program.

It’s definitely not a scam, but be prepared to talk on the phone for hours a day if you ever want to make sales.