YNF Review
by: Candi May
Opportunities abound for the new Internet marketer as well as the seasoned one. So where does YNF (your new fortune) stack up as a viable option or scam? Well, when I started looking into this opportunity, I found some very interesting facts to consider. Taking a close look at the good and bad points of the program.
Your New Fortune started March 2006. Then, the marketing site of YNF Downline Builders was instituted in July 2007.
Your New Fortune is an entry level business in EDC Gold and is included with the EDC Gold membership package at $997. When you join EDC Gold, it includes YNF. Once someone becomes a member and starts earning, he can then graduate to the other two higher levels of the EDC system called EDC Gold and Easy Daily Cash at either $397 or $997.
The product package in this program contains many different software and audio books that can be utilized for just about anything, and I mean anything. You go from 101 recipes in a flash [which has nothing to do with on-line marketing] to building and creating websites with uploading audio and video to your site.
Now, how much does it cost? And how does the compensation plan stack up?
When someone joins YNF as a member they pay a monthly membership fee of $69.95 paid to their sponsor and $24.95 monthly paid to Innovative Aspects for their YNF Builder Marketing System. The compensation plan is based on the Australian 1-up plan where your first sale is passed up to your sponsor. After you pass up your first sale, you are then qualified. Then at that point you are qualified to start receiving sales and you start earning a monthly residual commission of $69.95 from your new member. Now when your new member makes their first sale, that sale is now passed up to you and you will earn a monthly residual commission of $69.95.
The Up side to YNF:
The cost to get started with the program is low. It has the mlm compensation strategy without really being a network marketing company where you are receiving 100% of the profits once qualified. Where in a network marketing company you are usually receiving a percentage of the profits .
The Downside:
Although a low cost program to get in, lets look at the difference in this and a higher ticket program with no pass up sales. For example if you sign up 10 new people your first month ,you will have made $629.55 (remember you have passed up your first sale). With a zero up ( meaning you did not pass up any sales, you get paid instantly) higher priced program you could earn anywhere from $4000-$10000 a month on those same 10 people. Basically, you get what you put into it is all that amounts to. also noteworthy, is the fact that when one does move up to one of the 2 higher levels you are talking about a 2 up program that you are promoting now. Where affiliates are passing up their first 2 sales to their sponsor and then break away. This could become real challenging to the new person when the first couple of sales are critical in encouraging them to keep going.
Wrapping it up, YNF is a low cost program with some good software products to offer. However, being the low cost program that it is, you have to ask what is it costing me in the long run? As with any program do your due diligence. A sponsor is just as imperative to examine as the program itself. Are you going to get the help to get started? Make sure there is contact info so you can get in touch with them. What if any are the hidden costs involved and know that as with anything, knowledge, discipline and diligence will get you a long way in this business!
About The Author
Candi May is a Top Internet marketer and home business mentor. She specializes in helping others succeed and realize their true potential in the home business industry. To learn more go to
http://www.cyberwealthformula.com
