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  #46 (permalink)  
Old 05-10-2007, 01:40 AM
Power_Advisor27's Avatar
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Location: Durham, NC
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Default Re: EDCGold Accounts

I've read this forum from start to finish, and the mentality of some of the folks here absolutely amazes me! I'm going to start by saying that I'm a marketing specialist, small business owner, and yes, a member of EDC, and a very happy member!

First thing's first: If you want to talk product, we can talk product. I joined at the $297 level. My back office gives me access to 19 pages worth of software and tools that anyone who owns a website or markets a product can benefit from. Do I consider these products to be of high quality and value? ABSOLUTELY! I am, as I said, a small business owner. I specialize in web design, and do occasional freelance work. I have used, and use on a regular basis, several of the products in the back office, including Viral Article, eCover Creator, Impact Web Audio, Ultimate Ad Tracker, and Java Magic. These products make my life as a web designer and a business owner easier. And now we have PromoBlackBox, which is available to me FREE for being an EDC member. I have just created a new marketing website, and will be using the Article Submitter, Search Chameleon and the other tools to help that new website make it to the top!

Next, lets address the issue of scams. I consider a scam to be a situation where I pay and get nothing in return. When I paid with EDC, got a back office with 19 pages full of products that I can use (and which are updated and added to often). I got training on how to market more effectively. And yes, I also got the opportunity to have my product pay for itself. No one forced me to purchase the recommended auto-responders or other services in the back office (they are just that, recommended). As a result, I was able to keep my start-up costs at a minimum, giving me more capital to invest in some effective advertising and making it an easier (and faster) process to earn my money back.

Some here have said that EDC members, including affiliates, are nothing but scammers. I am a team sponsor in EDC. I provide, quite literally, EVERYTHING my team members need to advance. I provide a 20 page training guide based on my years of training and experience in business and marketing. I provide my team members with their own customizable marketing website complete with a domain name of their choice. Note that this isn't a replicated company website, but a website that I design to their specifications. I take a week to work with each team member 1-on-1. I'm available 7 days a week by both phone and email to address any issues or concerns. I make sure my members are aware of the times and dates of training calls. All of this I do FREE, because they are my members. Their continued success is more important to me than sales. I even take time at the end of nearly every training call to help other EDC members that aren't sponsored by me. Would I, as a scammer, do all of that for someone for FREE?

Now, as for what I promote? As a professional marketer (and I'm not saying this just from being in EDC), I've learned that you change your ad copy based on who you're marketing to. If I'm marketing to entrepreneurs, I present EDC for both the products that will help them become better internet marketers, and for the business opportunity it offers. Why? Because entrepreneurs are looking to make money. If I'm marketing to businesses, I market the products because that is what will be most helpful to them. Do I provide customer service and support to all of my customers, whether entrepreneur or business owner? ABSOLUTELY!

Hardly ever do I promote EDC only for the cash you can earn. To me, that's a given. If you happen upon most forums regarding EDC, you will find me (same screen name). And I am almost always offering to answer any questions or concerns that people many have about EDC. This is because I took the time to learn this business inside-out when I joined, and I feel that I can answer any question thrown at me. I also feel it's my duty as a sponsor to make sure people are educated and know the facts before they join.

So now, I've saved the best for last! Am I successful with EDC? It depends on your definition of "success," but for my efforts and situation, YES! I had an overhead of $327 when I joined (only for the software package and my backoffice maintenance fee). I earned that back in about 2 weeks. I am now averaging around $4000 a month. I spend about $35 to $50 per month on advertising. The cost of living where I am (now actually in North Carolina) is such that my household can survive quite comfortably on $4000 a month. So yes, I'm successful. As a matter of fact, I just welcomed a new team member yesterday (and remarkably, he was a skeptic from a forum much like this). I have proof available if anyone needs it. We just had our first training session this morning via Yahoo! Messenger. EDC has also allowed me to develop other streams of income, one of which is residual. I've also been earning from those.

Point blank, EDC has offered me an opportunity I've not seen anywhere else. It's allowing me to earn a significant income from home. I was able to quit my waitressing job. We're working on reaching our next financial goal so that my fiancee can feel comfortable working from home also (he kept his job as a safeguard when I joined, and he will soon be working from home with me). We now have more time to plan our wedding, to search for our new home, to volunteer with the kids' programs offered by the local community garden. We now have something that isn't possible with jobs, and that's freedom! One of my team members is working on getting out of debt thanks to EDC. Another is working to quit his job. Another was able to work from home so that she had more time to care for her elderly parents. I'm working with a young man who has been out of work for some time and is interested in joining but doesn't have the money. He has found a free program where he may be able to earn enough to join my team soon, and I'm HELPING him to promote that program (which I gain no sales or anything from, mind you) FREE of charge! Am I a scammer? I seriously think not!

Brian, you mentioned that you're a corporate marketer. Exactly what do you do, or who do you work for? It seems that you know so much about the posters here, but we know little to nothing about you. Seems to me like you'd be proud to share who you work for in this thread if you're making as much as you say. And I also have another question: Why is it that you fail to respond when posters ask you specifically for advice or recommendations for "programs that do work?" I recall seeing this happen at least twice, and more recently at the bottom of page 2. Perhaps you speak with them privately. Or perhaps you have no recommendations....If that's the case, then I find it strange that you would put down a program like EDC when you cannot suggest anything better.

And my last question: Have you ever actually been an EDC Gold member? Because you sure claim to know so much about their business model and how it works. I would almost assume that you helped to create EDC (although I know that's not true). If you haven't, then it absolutely amazes me that you claim to be an expert on how this business does or doesn't work. So now, I challenge you. Ask me any question you have about EDC, and I will answer it. Why? Because I take responsibility for my business and my role as a business owner and sponsor. My duty is first and foremost to educate.

Though I realize we are all entitled to our own opinions (and I guess you especially here, as you're the administrator), I take offense to the posts you've made about EDC. You have deterred others who were interested without giving them any proof of what you say, or any better suggestions. You have caused them to pass up an opportunity that could have really improved their current situations. In short, you have hurt my business. Even if I knew what you do for a living, I wouldn't go out and claim that it's a scam or it's crap or not worth the value. Why? Because you have to make a living just like I do. As long as you're not doing anything illegal, or not hurting anyone, it's none of my business and my time would be better served working on my own business than of bad-mounthing yours.

So for any that are interested, or were and are still a bit curious, here are the facts:

- EDC Gold launched in Dec. 2006 and is still going strong
- We have 3 membership levels, offering 3 different software packages
- You can join at $997, $297 or $69.95
- No other purchases are required to maintain membership
- Membership includes company website, marketing tools and training
- A list of many of the software titles is available on most EDC websites
- Live tech support and billing support is available 5 days a week
- Members pass up 2 training sales, then earn 100% profits thereafter
- Mid level is qualified to earn at lowest level immediately
- Top level is qualified to earn at mid and lowest levels immediately
- We have a larger market than any other home based business
- We cater to both businesses and entrepreneurs
- The founders and top earner hold 5 training classes per week
- We have just launched a revolutionary new product, PromoBlackBox
- All members, regardless of level, can promote PBB at no extra charge
- All members can earn $495 per PBB sale, no qualifying necessary
- Any member can cancel at any time for any reason

If there are any other questions, I encourage you to ask. I make myself available here, and as I work from home, you're questions will be answered almost immediately. As I've said, I welcome the challenge of proving just how great a business EDC really is!

-PA27

Last edited by Power_Advisor27; 05-10-2007 at 03:27 AM.
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  #47 (permalink)  
Old 05-10-2007, 05:45 PM
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Join Date: Jun 2006
Posts: 806
Default Re: EDCGold Accounts

Thanks for the reply, "Power Advisor", but you're the second person who has stated that they were a "professional marketer" - yet also a waitress.

I dunno - if I were to visit Satchi & Satchi I would be surprised if the marketers there were waitressing. See my point? No I'm not trying to put you down personally, and no I really don't have anything personal against anyone on the EDC Gold program - but, yes I am trying to put down the high-flying titles some of the people in this thread have awarded themselves.

And - again - you make the same point that other EDC Gold members have made in this thread - that it's delivered success for you.

Absolutely no one will address the concept of the EDC Gold program offering value for buyers - instead it all appears focused on the money to made from reselling the rights to resell the rights, and training new members to sign-up and part cash to resell the rights to resell. That doesn't suggest a great value product if this is where all of the focus is.

As for recommendations on programs that work - I think this is where I part company with a lot of other people. You see, on the internet I've noticed a huge trend for people to treat starting an online business as little better than buying lottery tickets - paying this or that amount to join this or that scheme. I've already said before - it takes dedication and hard work to build your own business, and you don't need any scheme for that.

Sure, I don't doubt that there are successful people running on the EDC Gold program who are applying dedication and hard work. Yes I do doubt that EDC Gold will be around in a couple of years time. Yes, I think putting that dedication and hard work into solid business ventures with long-term goals based on value products/services (cf, ecommerce) will reap better dividends in the long term.

As for joining EDC Gold - you know, I'd probably do pretty well with it. But I'm from the UK and there's a distinctly different mindset - you could say cycnical. There's not so much of a market in "wealth creation programs" over here, but it seems in the US it's a pretty strong market.

Quote:
Originally Posted by Power_Advisor27
If there are any other questions, I encourage you to ask.
Okay, as I'm obviously uninformed:

If I visit HYIPs forum chatting about EDC Gold, I see mentors stating they get the first two sales of each $997 member. So there's an obvious incentive to work hard to get people signed up, if you get not simply $997 from each of this level sign-up, but $2991 in total if they make two sales at the same level. This obviously can give an outside observer a perception of a pyramidal scheme feel.

So here's the question: How much do individual mentors make from the earnings of each sign up at each of the different levels?

In the meantime, here's a reminder from Wikipedia: Pyramid scheme:

Quote:
The distinguishing feature of these schemes is the fact that the product being sold has little to no intrinsic value of its own or is sold at a price out of line with its fair market value. Examples include "products" such as brochures, cassette tapes or systems which merely explain to the purchaser how to enroll new members, or the purchasing of name and address lists of future prospects. The costs for these "products" can range up into the hundreds or thousands of dollars. A common Internet version involves the sale of documents entitled "How to make $1 million on the Internet" and the like.

The key identifiers of a pyramid scheme include the following:

* A highly excited sales pitch (sometimes including props and/or promos).
* Little to no information offered about the company unless an investor purchases the products and becomes a participant.
* Vaguely phrased promises of limitless income potential.
* No product, or a product being sold at a price ridiculously in excess of its real market value. As with the company, the product is vaguely described.
* An income stream that chiefly depends on the commissions earned by enrolling new members or the purchase by members of products for their own use rather than sales to customers who are not participants in the scheme.
* A tendency for only the early investors/joiners to make any real income.
* Assurances that it is perfectly legal to participate.

The key distinction between these schemes and legitimate MLM businesses is that in the latter cases a meaningful income can be earned solely from the sales of the associated product or service to customers who are not themselves enrolled in the scheme. While some of these MLM businesses also offer commissions from recruiting new members, this is not essential to successful operation of the business by any individual member.

Nor does the absence of payment for recruiting mean that an MLM is not a cover for a pyramid scheme. The distinguishing characteristic is whether the money in the scheme comes primarily from the participants themselves (pyramid scheme) or from sales of products or services to customers who aren't participants in the scheme (legitimate MLM).
So we know resell rights are puchased for resale with EDC Gold - but isn't the entire model simply based on reselling the rights to resell?

Any of this read as familiar to the above?
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  #48 (permalink)  
Old 05-11-2007, 07:20 PM
Power_Advisor27's Avatar
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Thumbs down Re: EDCGold Accounts

Number one, whether I was a waitress or the president of the US makes no difference. I have been in business and marketing for several years. I studied during my years in school. I've started my own business (aside from EDC) and am helping others to start their non-profit organizations. I am a jack of many trades. Waitressing was merely a recent job when my fiancee and I were going through rough times. So for you to say that you're not trying to put me down is rubbish. That's just what you did, made it look as if a waitress doesn't know about anything other than food and serving people. Marketing Specialist isn't a title that I bestowed on myself, it's a service and position I've served in my life. I earned it!

Ever been a waiter before Brian? They are probably actually some of the most business-savvy folks out here. Most work their jobs as if they are running their own little business, just renting out space from a larger company. They know exactly what to do to make a dollar, and they have the concept of customer service down, probably more so than anyone else I've ever met from any other profession.

If you'd bothered to read all of my post instead of picking and choosing so you could twist my words around, you'd have noticed that I DID address the issue of EDC Gold providing valuable products for the customer.
Quote:
First thing's first: If you want to talk product, we can talk product. I joined at the $297 level. My back office gives me access to 19 pages worth of software and tools that anyone who owns a website or markets a product can benefit from. Do I consider these products to be of high quality and value? ABSOLUTELY! I am, as I said, a small business owner. I specialize in web design, and do occasional freelance work. I have used, and use on a regular basis, several of the products in the back office, including Viral Article, eCover Creator, Impact Web Audio, Ultimate Ad Tracker, and Java Magic. These products make my life as a web designer and a business owner easier. And now we have PromoBlackBox, which is available to me FREE for being an EDC member. I have just created a new marketing website, and will be using the Article Submitter, Search Chameleon and the other tools to help that new website make it to the top!
Lets remember, I was a customer once also. I gave my personal testimony of how valuable this marketing suite has been for me. I even listed some of the specific products that helped me in my individual situation. Everywhere that I promote online, I discuss both the products and the income opportunity, because they are both a part of the business. I have stressed, and continue to stress, the value that customers are receiving for a much lower price (no matter which level) than trying to find and purchase each and every title individually.

Your quote:
Quote:
...and training new members to sign-up and part cash to resell the rights to resell. That doesn't suggest a great value product if this is where all of the focus is.
I actually train my team members to focus on our products and customer service. I go through their back office with them so that they become familiar with everything their, and encourage them to go through the tools and software so that they can see for themselves what value they received for their money. I train them no to follow in the footsteps of others with hyped-up ads, but to concentrate on promoting EDC as if it were a storefront, promoting the products and not the income behind them.

You know, not everyone operates the same way. I don't doubt that some EDC distributors promote only the income opportunity. Do I agree with what they are doing? Absolutely not! I am, first and foremost, a small business owner. I know what it means to provide value for customers (yes Brian, even a waitress can read the encyclopedia...). And I also know what a pyramid is. I do not continue to earn money off of my team members, and what I give them far outweighs what they pay for their software. I provide personalized training, valuable tools and other techniques that they would not have found anywhere else, and I provide these for free. Should I be repaid with a sale or 2 for taking time out of my business to work with each and every individual? Some might say not. Quite frankly, I'd work this business even if there was no 2-up system. I have made friends with those on my team. I know what it's like to struggle, and I take more from seeing them succeed than I do from sales.

Quote:
So here's the question: How much do individual mentors make from the earnings of each sign up at each of the different levels?
It really depends on the sponsor and what level they are. I am at the mid level, so if I sign someone up at that level, I make $297. Then if their sales go up to me, I make another 594. And that's it. I don't continue to make hundreds and hundreds of dollars off of them. Now if you want to include those other 2 members that were signed, I would make another $1188. And as you can imagine, that goes on. If one of my team members was in dire straights and needed their first sales, would I let them keep them? Absolutely! You know why? Because I'm not dependent upon the sign-ups of that one person for my income. If EDC didn't require anyone to pass up any sales, I'd still be a member and I'd still be successful because of the way I choose to market my business and the leadership I provide. Also, I know they can pay me back later because they will be successful with me as their sponsor. Now would I do that for every single person? No, because every single person isn't going to be on the verge of losing their house or apartment. And I know the difference, because I get to know my team members. If it were all about money, I just plain wouldn't care about them.

It's strange that no one things about it, but many workforce jobs use a 1-up or 2-up system as well. I know for a fact that furniture salesmen, car salesmen and real estate agents go through this. The high-end commission-based jobs usually do, but no one refers to them as pyramid schemes or scams. My fiancee worked in furniture sales for several years. He made only a measly $10 an hour while working his but off to sell high-end furniture. The only way he could make any commissions was if he reached a "quota" of $50,000 in that month. Anything beyond that was his. Having to meet a quota is just another way of saying he was passing up sales to the company. $50,000 that should have been his (because he did all the work for it) was passed up to the company in turn for the opportunity to work there. So why is it that this isn't considered a scheme? Is it only because of product, because EDC offers tangible product. It's sitting on my hard drive right now (I can do whatever I want with it, email it to someone, burn it to a disk). Product that I could go to a retailer and buy if I wanted to spend the extra money. I preferred the bargain I got with EDC.

You can try to paint it any way you want (and you can throw out whatever insults you want about my experience or the fact that I'm American. It only shows the lack of maturity on your part, as no one has insulted you, your heritage, or what you do for a living), but I know what value customers get with EDC, and I say it every day in the topics and ads that I post. And I also know that we'll be here for the duration, because we're constantly working to bring newer and better software, tools and services to our customers. You still haven't answered any of the questions I asked you (but it's ok, I believe I have the answers I need). You go ahead and continue to put people down on your forum because you're unhappy with your own situation. It's funny, jealousy will reveal itself no matter how you try to mask it. When you focus your time and energy on demeaning others (and after the things you've said to me, and trying to make your retort still seem friendly, you cannot deny your true focus here), it shows that you have nothing worth building up for yourself. Meanwhile, my team and I are moving forward. I'm selling valuable products and services, and something that is completely priceless: the opportunity for my members to better themselves and enjoy their lives and their families. No one can deny the value in that!

-PA27
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  #49 (permalink)  
Old 05-11-2007, 07:45 PM
Power_Advisor27's Avatar
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Join Date: Apr 2007
Location: Durham, NC
Posts: 121
Arrow Re: EDCGold Accounts

Oh, and while I'm here, I thought I'd address one more thing:

Your quote:
Quote:
The key identifiers of a pyramid scheme include the following:

* A highly excited sales pitch (sometimes including props and/or promos).
* Little to no information offered about the company unless an investor purchases the products and becomes a participant.
* Vaguely phrased promises of limitless income potential.
* No product, or a product being sold at a price ridiculously in excess of its real market value. As with the company, the product is vaguely described.
* An income stream that chiefly depends on the commissions earned by enrolling new members or the purchase by members of products for their own use rather than sales to customers who are not participants in the scheme.
* A tendency for only the early investors/joiners to make any real income.
* Assurances that it is perfectly legal to participate.
I'll be glad to break this down for you:

I don't use hyped-up ads, I promote our marketing suites and PromoBlackBox, and explain exactly what they are

I encourage people who are interested to ask any and all questions that they want, and I encourage them to do research. I'll tell them whatever they want to know. I'll even show them what they get. I have nothing to hide as an EDC distributor.

I don't promote a "limitless" income. In all of my ads and posts on forums regarding EDC, I explain that no one becomes rich overnight, and that I don't even promise they'll make thousands in their first month, but that with effort they will start to see a lifestyle change, and will be able to earn an income that is significant enough to set them up for success. Heck, $4000 a month is chump change compared to what some are making or need to make. But it's enough that I work from home comfortably. It is a realistic income, and THAT is what I promote.

Our products are clearly listed on most websites affiliated with EDC. I can also provide a snapshot of exactly what customers get when they purchase the marketing suite (I can even send some samples if I want, because it's my software, and I'll do that if it makes someone happy). We also hold open training where non-members are welcome to join and learn about the product. And no, the product isn't vaguely described. I can list each and every one and a description (though that would take up quite a few threads).

I don't "chiefly depend on enrolling new members" for my income. I don't even have to "enroll" someone to make $500 a sale with PromoBlackBox. Why? Because I'm selling product, and because that's what I focus on. If there were no 2-up, I'd still make as much as I do. Why? Because I would no longer be spending weeks training newcomers, I'd be out making my own money. It would average out. I get 2 other new members initially from signing up a member. I can just as easily sell 3 marketing suites and PromoBlackBox here and there in a week or 2, and make the same if not more than I would have. However, any business-minded individual would agree that residual income is what we all strive for. With the 2-up, there is a certain amount of residual income built in there. So I get to earn residually in return for being a good mentor to my entire team.

It is not only the early investors who make "real income." Real is relative, and to me the income I make is very real because we have achieved a level of freedom that workforce jobs just weren't providing. We've moved to a place we'd been looking at and only dreaming of for a long time. We do not worry about rent or bills when they come around. Our house is never devoid of food or necessities. All this, and we can actually enjoy our new place, our new puppy, our new community, and planning our wedding. We have time, which in my opinion is the most valuable thing of all!

I don't have to worry about assuring and re-assuring people that what I do is legal. For starters, my customers and team members know exactly what they are getting before they purchase or join. Nothing is hidden. There are no "by the way's" for them to deal with. Second, if an investigator were to come to my door and accuse me of illegal activity and threaten to arrest me unless I show proof of what I'm "selling," I'd simply direct him to my computer, where he can see that I own not only the products I'm selling, but the re-sale rights. I can also direct him to my satisfied customers. Never in an ad have a suggested anything along the lines "don't worry, I promise it's legal." I have nothing to fear from what I do, because I'm providing products and services, and my customers seem very happy with what they've purchased, and happy with the business relationship that we have.

So now, when you consider all that it doesn't sound much like a scheme at all. Sounds more like a storefront. That's how I promote it because in my eyes, that's what it is!

-PA27
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  #50 (permalink)  
Old 05-12-2007, 02:49 PM
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Default Re: EDCGold Accounts

PA27, the point about waitressing is you called yourself a "professional marketer". Professionals have professional qualifications to back that up title. No, I'm not knocking waitressing, but people who are qualified in marketing don't usually end up waitressing. That's my point.

As for the comments on the pyramid scheme - all you've done is stated your own personal position, which is commendable. But let's face it, EDC Gold has given every impression of following most of the critieria provided in the Wikipedia entry.

EDC Gold isn't selling to anyone outside of the EDC Gold scheme - it promises almost unlimitless income (here on this thread we've been promised members earning 6 figure monthly salaries), and all for a bunch of ebooks that most people would be unlikely to pay just under $1k for. And your income stream is dependent upon constantly signing up new members to the scheme and holding their first few sales income for yourself.

Give yourself a break - you're obviously not dumb - but try and squeeze the hard sales talk you've been exposed to from your mind and look at the cold hard facts of the matter.

(By the way - those who posted in this thread inviting people to join new schemes have been removed).
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  #51 (permalink)  
Old 05-12-2007, 03:57 PM
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Join Date: May 2007
Location: TX/Bexar USA
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Default Re: EDCGold Accounts

Hi, I found this thread quite by accident, and ended up reading most of it.

I am NOT a member of EDC Gold, but I have been successful in other network marketing (MLM) opportunities.

I think good points have been made on both sides.

Power_Advisor27 has very eloquently made an excellent defense of MLM in general. I do not know anything about EDC Gold, so I cannot comment other than to say that most of the points she made can apply to other MLM opportunities as well.

As a veteran MLMer of 15 years, there are a few misconceptions I'd like to address. Just as there are both 'good' and 'bad' companies in conventional marketing, so too is this true of MLM. In general, what separates the legitimate companies from the scammers is the PRODUCT. It's very simple: if the product is something that people will buy anyway, WITHOUT the financial opportunity, then it's legit. However, if the product is just an excuse to get people to join, then that raises a red flag. In other words, if the product is the opportunity itself, and the promise of earnings is based primarily on recruiting others into the program rather than from the sale of the product, then I would recommend caution.

That does not automatically make it a 'scam' because as long as people are going into it with their eyes open, they do have the right to sell whatever product they want, even if the product is something intangible. However, an intangible product takes the company down a very slippery slope. Among MLMers, the general rule of thumb is that the difference between a legitimate MLM and a pyramid is that in a legit MLM, the distributor earns commissions from the SALE OF PRODUCT, whereas in a pyramid the distributor earns $$ by recruiting others to pay a membership fee.

When the product is something intangible, that is a grey area. Is the product really worth the amount the person is paying to sign up? This is just a question to ask. I do not know what the answer is in the case of EDC Gold.

So, I can see some truth in Brian's concerns. At the same time, Brian does not seem to be very educated about MLM and seems to lump all MLMs together as 'scams.' That is unfair and simply inaccurate. Unfortunately, it is a common reaction from people raised in the corporate world who have not taken the time to understand MLM and the many variations within the industry. To say that 'most' MLMs are scammers is like saying 'most' conventional corporations are scammers just because some are.

I personally do stay away from businesses with high startup costs and intangible products. I prefer those with products that have a high demand with the average consumer. But that's me. PA27 has obviously reached a level of success, she is having fun, and her team is happy - so it is not my place to say whether or not she is scamming anyone. Since I don't know much about her company or her product, I would reserve judgment and not judge her for choosing a different type of product than what I would persoanlly choose.

Also, I agree with PA27 that you, Brian, have apparently not read all of her posts, but have picked and chosen key phrases to attack. She clearly did say that she was NO LONGER waitressing.

And, respectfully, Brian, I found these words of yours to be offensive, and guilty of the very thing you have accused others of doing, which is to make sweeping generalizations without presenting the facts to back them up:

Quote:
Let's be clear, probably the vast majority of home business programs are scams and shams, and that's why so many people jump from one to the next, looking for easy money, when they should be looking to develop a working business.
Do you have some statistics to back that up? What about the percentage of non-MLM businesses that are scams? Some numbers, please.

Obviously there are many scams out there. But they are not limited to home-based businesses. There are scams to be found everywhere, in all sorts of flavors. Scammers will infiltrate all avenues. That does NOT mean that 'most' MLMs are scams!

It is also true that many people jump from one to the next, looking for easy $$. But that too is not a reflection on MLM - people do that anyway. Look at how many people buy lottery tickets every week looking for easy $$, and how many try to get into show business because they want the fame and glory and big bucks. Does that mean that actors are not legitimate?

Just because many people try to make quick cash from MLM does NOT mean that MLM is a scam. Successful MLMers know, and are sure to pass this on to their networks, that to be successful in MLM requires WORK.

I worked very hard to achieve the success I did. It took me 3 years of working my first MLM to get to the point where we could live off it. Later, when I was more experienced, I joined another company in which I was making over $1200 a week within 2 months. So the $$ came more quickly in that case, because it was a product that had more appeal and the timing was right. But it still took WORK.

btw, I am still collecting a check from that first company, even though I have not done a single thing with it in over 10 years. The check is small, only about $200, but it does prove that the concept of residual income DOES work. That check is commissions I earn each month when people order the product. I have not promoted the product in over 10 years, but these people love the product so much they still order it. That's what I mean by a 'product-based' company. These customers are NOT involved with the opportunity at all; they are CUSTOMERS. So it IS a 'WORKING BUSINESS.' Brian, it is inaccurate for you to imply that MLMs are not working businesses. If product is being sold, and customers are happy, that is a working business.

Anyone who thinks they can make big bucks in MLM quickly without any work is simply being misled. I can assure you that the folks in EDC Gold are working hard, just like everyone else in any other MLM. But it's a FUN work, because they are self-motivated and independent.

I did watch the EDC Gold promo video, and I didn't care for the promises of extreme wealth in 3 weeks. That, imo, is quite misleading. It is unlikely that people will achieve that kind of success that quickly, no matter how awesome the product is, no matter how wonderful the support. For that reason, based on my limited knowledge of EDC Gold, I do think they are going overboard on the hype factor. That does not necessarily mean it's a scam; just that it's overhyped. Lots of conventional products are overhyped. It's the same with MLM.

I was involved with another company about a year ago that truly had an awesome product, but they overhyped it. Their website's promises was similar to those of EDC Gold. I did that biz very grudgingly. I used to almost apologize to people about the hype. But the product really did work and for that reason I promoted it. (It was a tangible product that came in a bottle, and people got x number of bottles for their startup fee, so that was entirely legit.)

I personally do not like hype. I personally stay away from such companies. I would caution those in EDC Gold to not put all their eggs in 1 basket, because if their main product is a virtual product, I would question how loyal their customers will be a few years from now. In other words, it might be a great opportunity now, but will the company last? Companies with tangible products tend to have more loyalty and thus more longevity.

And, often the reason people do jump from 1 biz to the next is because they were misled by the hype. For example, PA27's $4000 a month represents success. That is quite commendable! That is a nice, average middle-class income. Not bad at all for working part-time. But it's not quite at the level of being able to fly first-class and eat out every night. So the hype on EDC Gold's promo is quite misleading. To imply that joining the company will ensure wealth in 3 weeks is reprehensible, imo.

Please note that I am NOT saying EDC Gold is a scam. I don't know if it is or not. I'm saying it's overhyped. The company has done a disservice to their distributors, because undoubtedly PA27 will encounter people who will be disappointed when they're 'ONLY' earning $4k a month instead of the big bucks, and then they will have to keep recruiting more new people, since they don't have a consumable product. Good recipe for people leaving in droves when the next 'big thing' comes along. Contrast that with the loyal customers I still have, after 15 years. True, that particular biz is no longer prospering on the level it once did, but I'm now involved in another that is prospering. Having more than 1 stream of income is a smart move.

So, bottom line is, I see valid points on both sides of the argument. But, in all fairness, PA27 seems to be taking the time to back up her points, whereas Brian is just spouting generalizations and attacking an entire industry just because SOME companies in that industry are scammers. Brian, I invite you to put aside your prejudice against MLM and get more educated about it.

Last edited by lealdragon; 05-12-2007 at 04:20 PM.
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Old 05-12-2007, 04:28 PM
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Thumbs down Re: EDCGold Accounts

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PA27, the point about waitressing is you called yourself a "professional marketer". Professionals have professional qualifications to back that up title. No, I'm not knocking waitressing, but people who are qualified in marketing don't usually end up waitressing. That's my point.
And my point to you is that you don't know what my professional qualifications are, and you shouldn't make comments suggesting you're assuming that I do. You're only feeding off of one comment that I made. And it's quite possible for anyone to end up doing anything in this economy. I have several friends and associates with degrees in fields like computer science and architectural engineering who have had to take jobs working at places like Best Buy because they weren't able to find jobs in their field. I was about to be downsized from my past employer, which was a position in marketing, merchandising and human resources for a major US retailer (not to mention, a "marketing specialist" is simply someone whose position specializes in an area of marketing, the same as if I called myself a customer service specialist or a design specialist. It would imply that what I do deals predominantly with those fields. Nothing more.). I chose waitressing because the area where I lived and the time of year made it perfect for keeping up with our standard of living while things were rough. The only reason I mentioned waitressing was because many people seem to think that if they haven't held a certain position or don't have a certain level of experience or money they won't do well. Anyone from any walk of life can do what I do and succeed.

Quote:
As for the comments on the pyramid scheme - all you've done is stated your own personal position, which is commendable.
Thank you. And that was to show that I run an ethical business, as do many other EDC members. If I didn't consider the products of value enough to sell them, I'd never have started promoting what I do in the first place, nor would I have even purchased them.

Quote:
EDC Gold isn't selling to anyone outside of the EDC Gold scheme - it promises almost unlimitless income (here on this thread we've been promised members earning 6 figure monthly salaries), and all for a bunch of ebooks that most people would be unlikely to pay just under $1k for. And your income stream is dependent upon constantly signing up new members to the scheme and holding their first few sales income for yourself.
EDC Gold is actually selling to folks outside of the affiliate program. PromoBlackBox is geared toward businesses. They don't have to join EDC to purchase or make use of PromoBlackBox and all of the expert training (and yes, those folks I'm referring to as experts also have backgrounds and qualifications to back them up).

Also, many jobs in the workforce, especially commission-based jobs like insurance sales, "promise limitless income" because it is possible depending on how much effort the worker puts forth. It is the same with EDC. I'm sure that I could make more right now if I chose to, but I don't intend to let EDC consume my life either. I take time to travel and enjoy my family and friends. So yes, it is limitless because there is no outside force telling a person exactly how much their allowed to make, and no outside force to create salary caps like in the working world. Is it possible for someone to become a millionaire with EDC? Yes, and it has been done by some already. That is all the ads and websites state. That others can make it happen too.

And no, my income stream doesn't depend only on signing people up and getting money from their sign-ups. We have a retail side which is doing very well, and so far this month, that is where a good portion of my income is coming from. As I've said, I think if no one were required to pass up sales, I'd still do well. You wouldn't be able to say the same in the case of a pyramid scheme, because the pyramid would break down.

Quote:
Give yourself a break - you're obviously not dumb - but try and squeeze the hard sales talk you've been exposed to from your mind and look at the cold hard facts of the matter.
You're right, I'm not dumb. Which is why I've made the decision to work with EDC. It has proven to be a great decision for me, both professionally and financially. And the "cold hard facts" that you speak of are only your particular feelings. In my opinion and the opinions of many others, EDC does not fit that definition you keep throwing around, for rarely do pyramid schemes have a retail side that allows members to earn an income in a way other than recruiting (so that if the 2-ups didn't exist, there would still be an opportunity to earn a very substantial income).

All I ask is that you show a little more respect for others, and refrain from downing what someone does or has done for a living (especially if it's not illegal or hurting others). No one comes in here and downs the fact that you're a forum administrator. Just because you have that power doesn't mean you need to use it to demean others and how they make their living. If you don't agree with something, let it just be that. But when you start to insult, you cross from the realm of simple discussion into something completely different and much more personal. And all it shows is your lack of maturity (because despite what you've said to me, I have not lowered myself to the level of insulting you). A true businessman would not act in that way.
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Old 05-12-2007, 04:56 PM
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I personally do not like hype. I personally stay away from such companies. I would caution those in EDC Gold to not put all their eggs in 1 basket, because if their main product is a virtual product, I would question how loyal their customers will be a few years from now. In other words, it might be a great opportunity now, but will the company last? Companies with tangible products tend to have more loyalty and thus more longevity.
Lealdragon, I agree with much of what you've said. I don't care for hype myself, and for that reason I don't use the replicated company websites, movies or even their pre-written ads and banners. Nor do I encourage such from my team members. Instead, what I've done is to create a business resource website. It does promote the products of my EDC business. But I have also gone a bit farther by offering additional services, information, advice and articles. It's a content-based website that provides useful information and resources as well as services for businesses and entrepreneurs, not simply an extremely long one-page hyped-up ad like many MLM websites that I've seen. I've have even been able to set up multiple streams of residual income from this. And much of what I offer is tangible product. I've even been fortunate enough to gain repeat customers, and that's what business is all about.

Because of the way I've handled business in the past, I have many old contacts who have come to me interested in what I'm providing now because it's a very useful service at a very affordable price, and that any business can benefit from. The retail side of EDC (with the new PromoBlackBox product) makes it very easy for us as distributors to build a loyal client base. There are many other services that a business client can purchase once they've purchased PromoBlackBox, from website re-design to audio and video creation and distribution. And yes, I will earn residual income off of those future purchases.

I would not dare put all of my eggs in one basket, but I did reinforce the bottom of that basket so it won't fall through as easily, if that makes sense. I now have several streams of income coming in, some residual, and EDC is just one of them that is seeing some nice success.

- PA27
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Old 05-12-2007, 05:34 PM
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All I ask is that you show a little more respect for others, and refrain from downing what someone does or has done for a living (especially if it's not illegal or hurting others). No one comes in here and downs the fact that you're a forum administrator. Just because you have that power doesn't mean you need to use it to demean others and how they make their living. If you don't agree with something, let it just be that. But when you start to insult, you cross from the realm of simple discussion into something completely different and much more personal. And all it shows is your lack of maturity (because despite what you've said to me, I have not lowered myself to the level of insulting you). A true businessman would not act in that way.
PA27, you ROCK!

Well said, all of what you said.

Good luck on your business and best wishes in life.
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Old 05-14-2007, 01:02 AM
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Default Re: EDCGold Accounts

I don't know whether EDC Gold is a scam or not. The point I want to make is ok lets say, that it is a scam. Everything they say and that other MLMs and Biz Opps say about Corporate America and The working world and how Jobs suck is the absolute truth. So we're left with an intolerable status quo and nothing to replace it with. What would be the solution to the problem of having to be a wage slave to some other capitalist or being a workerbee in a typical obnoxious job situation when you could come up with your own idea and be the capitalist yourself?
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Old 05-14-2007, 09:33 AM
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Default Re: EDCGold Accounts

Hello all, Raydagr8 here. Another new jack to the wonderful world of marketing, online or otherwise. I've read this entire thread and have found it to be absolutely fascinating. I happened across you guys while researching EDC Gold. You see, I have had a long time desire to operate an online business, I feel that I may have a knack for it, once I gain the skills necessary to succeed. EDC was the first stop I made in my search for an online business. I consider myself to be fairly skeptical about get rich quick schemes and the money making hoopla surrounding edc began to make me leery. It wasn't until I called the number listed on the site and spoke to one of their team leaders that I began to feel that their business model might be worth taking a closer look at. During our conversation there was very little hype but instead, seemingly sincere dialogue about EDC's marketing platform. Quite frankly, the fact that an actual live team leader would actually make there personal phone number readily available online, aroused my curiosity. This is now day 4 of my research on EDC. I've read several articles and threads about the company and the general consensus in my search was indicative of the opinions found here at TFF. However, I have found a common thread. it appears that the vast majority of proponents (and I have heard from a significant amount) are actual satisfied members, while the nay sayers were not members at all. I would have thought that if the plan was a scam, there would've been more statements from actual dissatisfied customers, but that has not been the case. All in all, I truly believe that the nay sayers have had well intentions when they warn against EDC. They seem to feel that their helping the public from a potential scam. Especially, Brian here. I personally feel you provide an excellent service in TFF. You obviously want to help aspiring entrepreneurs find financial success in an ethical and personally gratifying manner. I don't find you to be offensive nor judgmental, however, I wonder if you would recant your statements about EDC, if the business model turned out to be mutually beneficial to the company and it members. Is it all possible that those against EDC are erroneously lumping this company in with all of the other unscrupulous scams that pollute the web. So far it seems to be leaning in that direction. It seems that credibility of EDC hinges on the value of it's products. I'm not sure how valuable the actual products are, but I personally own a fledgling website and if the software offered by EDC could actually help me gain traffic, that may amount to be another notch in EDC's belt. Also, if the training is beneficial, well I may find that to be worth at least the $267. Overall, I get a pretty good feeling about EDC but I'm still going to conduct further research before deciding on whether to join or not. Thank you all for your input. Keep this discussion positive, constructive, and open minded and we should all be able to benefit from the feedback given.
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Old 05-14-2007, 01:36 PM
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Talking Re: EDCGold Accounts

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Originally Posted by raydagr8 View Post
Hello all, Raydagr8 here.... I'm not sure how valuable the actual products are, but I personally own a fledgling website and if the software offered by EDC could actually help me gain traffic, that may amount to be another notch in EDC's belt. Also, if the training is beneficial, well I may find that to be worth at least the $267. Overall, I get a pretty good feeling about EDC but I'm still going to conduct further research before deciding on whether to join or not. Thank you all for your input.
I am glad that you are doing research, Raydagr8. That is the first thing I recommend to most individuals who come to me with an interest in EDC. Sure, I could tell you about the success I'm having, and that my team is having. However, the truth is that the more research you do on your own (or with help in the way of getting the facts about the business), the better you'll feel about your decision instead of feeling like someone else convinced you.

I am a web designer in addition to the other skills I possess. I have found the software and tools that EDC provides to be extremely helpful in building effective websites and driving traffic to them. I have also learned a world more about marketing from the perspective of the Internet (that was not a field I specialized in during past employment, so EDC has helped me to gain yet more knowledge about marketing, also something I can stick on my resume if need be). We've also launched a new product that provides even more advanced tools to assist your website in effectively marketing your service/product and closing your sales. As distributors get this new product free, I've started to use many of the tools for the newest website I've launched, and they are proving to be quite a help! I'm averaging 250-300 visitors to that site per day using only free methods of advertisement and the tools provided by EDC and our new product. I'm also attending all of the weekly training provided, from which I'm learning how to actually succeed with Google Adwords and other useful tips and tactics. I'm very pleased with everything so far. I joined at the mid level of $297, and have found all that I received to be more than worth what I paid. For the responses I've gotten from my team members, I'd say they feel the same.

I do want to put in a bit of advice. Make sure that you find a really good sponsor for EDC if you decide to join. There are always those out there who are only about the money, regardless of what business. Unfortunately, those types of people exist within EDC too (I'm actually helping several other members whose sponsors don't provide them with any support or training). So when looking at sponsors, make sure that they make their contact info available, and make sure that they actually respond! Also, ask tons of questions if you're unsure about anything to do with the business. A word to the wise: if you can't get in touch with someone regularly, or they can't answer all of your questions, I'd steer clear and keep searching. Make absolutely sure that the person you wish to sponsor you has a business and marketing plan set in place to help you from day 1 (a newbie wouldn't have this, or would be promoting someone else's marketing plan. A newbie won't know much more than you do, so be careful). Without a plan, you will be much less likely to see success as soon as you'd like.

I would like to offer, as I have in the past here, to answer any and every question you may have about EDC. Just feel free to post them here (so that everyone can benefit from the answers), or take a look at my profile here to find out how to contact me. I work from home, so your questions will be answered fairly quickly. Thanks for your post and for taking the time to research EDC. Hope you find what you're looking for!

- PA27

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Old 05-14-2007, 01:54 PM
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Default Re: EDCGold Accounts

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Originally Posted by blackleopard View Post
I don't know whether EDC Gold is a scam or not. The point I want to make is ok lets say, that it is a scam. Everything they say and that other MLMs and Biz Opps say about Corporate America and The working world and how Jobs suck is the absolute truth. So we're left with an intolerable status quo and nothing to replace it with. What would be the solution to the problem of having to be a wage slave to some other capitalist or being a workerbee in a typical obnoxious job situation when you could come up with your own idea and be the capitalist yourself?
Hi blackleopard! I understand what you mean. The best thing anyone can do in this situation is really take a good, hard look at your strengths. If you're not into the internet marketing, direct sales or MLM businesses out here, you can easily work on setting up a business to sell something that you do well. I did that with web design and photography, and in a very inexpensive way initially. For example, my fiancee is a wonderful artist, and I'm great with computers and most design software. We put our heads together and developed a web design business that is now branching off in other directions. We create websites for each of our different ventures, used them as part of our portfolio, and began to promote ourselves. We've also hooked up with companies like Printfection and CafePress to sell our artwork in the form of t-shirts and other merchandise. Since we design logos as part of our services, we now offer to create promotional products for businesses from their logos (that either we create or they already have).

I just found out that one of my elementary school teachers retired a few years ago and is now making and selling special recipe desserts from her home (and I'm working on creating a website for her business). When you know what your strengths are, it's easy to formulate a plan that can turn out to be lucrative for you.

Yes, I'm a part of EDC and I do promote it, especially to those who are unhappy with their current job situations (I've even had jobs I've really enjoyed in the past, but I much prefer working from home). However, I do realize that this type of business may not be for everyone (depending on how skeptical. So I continue to encourage you and others who are looking for a way out of the workforce to do some research, on yourself and on these business opportunities. You can find a great alternative for yourself if you just think about what you'd be best at doing. I don't want to sound egotistical, but I am good at training others, I'm creative, and I'm good at problem-solving. These go hand-in-hand with the marketing skills I've gained from my past employment. That's why I chose EDC. I can put all of those skills to good use and work for myself in the process!

If you have any questions about EDC, feel free to post them here and I'll be glad to answer them. Good luck to you!

- PA27
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Old 05-14-2007, 09:25 PM
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Default Re: EDCGold Accounts

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if you have any questions about EDC, feel free to post them here and I'll be glad to answer them. Good luck to you!
Thanks for the info offer PA27, here's a question for you. What are the minimum unwritten cost (if any) involved in getting a fairly decent EDC marketing campaign off the ground?
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Old 05-14-2007, 10:19 PM
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Default Re: EDCGold Accounts

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Originally Posted by raydagr8 View Post
Thanks for the info offer PA27, here's a question for you. What are the minimum unwritten cost (if any) involved in getting a fairly decent EDC marketing campaign off the ground?

Raydagr8: To answer your question, you can definitely start and maintain a marketing campaign for under $50 a month. I spend anywhere from $35 to $50 a month on advertising. Most times, not that much or not every month. The reason is because I have developed a system that uses mostly free to low-cost advertising, but in very effective ways. For example, I just created a new website which is meant as a business resource website. The results: the new site, in only its first week and no money spent on advertising, is pulling in an average of 250 to 300 hits a day and from those hits, I've had several interests in EDC and already a new team member! In addition, I have been receiving already steady cash flow from the other income streams linked to my site. The benefit for me is that I promote not replicated company sites or affiliate links, but my own site. And I've structured this site to promote all of my offers in one place. So it doesn't matter if my visitor is a newbie to internet marketing, a seasoned entrepreneur or a small or medium business owner, there is bound to be something useful for them on my site.

It does not take a huge budget to market EDC, only know-how. When there is someone to show you what works and what doesn't (and to explain the why's and how's) it's a lot easier to get off to a good start. If you do choose to spend, I would suggest putting majority of your money into making sure your site is an effective net to catch your business. The traffic will come, but it won't matter if 100 or 10,000 people visit your site if it is not designed effectively enough to convert that traffic into sales. What do I spend on per month? Mostly tools for my website, like the analytics tools, my auto-responder system, and the website review program that I occasionally use. Also, I will sometimes purchase domains (which are also very inexpensive) that were once quite popular but have now expired. That is another inexpensive way that I drive traffic to my site. Seldom do I purchase things like leads or "guaranteed traffic." They do not seem to be very effective overall, just a waste of money.

I hope this answers your question. Overall, advertising is as cheap (or as expensive) as you make it. The normal rules that state "you get what you pay for" don't always apply. In our case, free can be much better!

- PA27
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