(originally posted 26th October 2007)
In business perhaps the greatest form of flattery is the phenomenon of copycats. In the Online Business Market, many things are transparent including your business model which your competitors will try to copy if it is perceived to work. The Online Business Market is fast moving and fast changing especially since the technologies surrounding Web 2.0 have emerged. Perhaps the Darwinian notion of only the fittest survive is more appropriate.
The economist and political scientist Joseph Schumpeter captured this notion well with his concept of creative destruction which lays at the foundation of the capitalist system. And this is exactly what the founders of EDC, Mike Corcoran and Craig Garcia, have done. They have radically altered their business model by taking the best from the compensation plans of direct sales (very high percentage sales commissions) and MLM programs (residual incomes). At this moment no other online business opportunity combines commissions with residual incomes for its affiliates. That is the basis of EDC-Diamond, EDC-Gold and EDC which are the three programs now available from EDC. It has taken EDC nearly two man years of strategizing, planning and programming to be able to offer this new program. In the process they have moved the industry boundaries and it will take copycats a while to figure out how to respond. And Craig Garcia and Michael Corcoran of EDC maintain that they will continually move the goal posts for EDC and its affiliates so that they have the best online business opportunity. This opportunity appeals to those who wish to work from the comfort of their homes with high income potential – in short, they are tired of the rat race featuring office politics, stressful appraisal systems, the tedious commute and ‘dog-eats-dog’ mentality. Figures in the USA and UK indicate that some 10% of the workforce now works from home. See my “Special Report: Some of the Best Kept Secrets of Home Based Businesses” available at www.netwealthmaker.com/nwmp1.html It is a little less than eighteen months since Easy Daily Cash (EDC) was launched and in that time more than $12 million has been earned by EDC affiliates. Craig Garcia, one of the founders of EDC, maintains that they have more people earning six figure incomes per month than all of the direct competition combined. Critical success factors other than the EDC program itself include the training in internet marketing (some 10 hours per week of live webinars plus recordings in the back office for the new comers) by the EDC founders and invited internet marketing gurus plus live back office support and help desk five days a week.
The introduction of EDC-Diamond and modified programs for EDC-Gold and EDC are a classic example of disruptive innovation. Nobody else is offering this type of program and it will take competitors a while to catch up if ever given that Craig Garcia and Michael Corcoran intend to continually enhance the program. For more details on these EDC programs visit netwealthmaker.com
Have you heard about the Revolution?