Numis Network is a new multi level marketing company started in 2009 by three investors and industry leaders, Ian Cordell, Christopher Kent, and Jake Kevorian. They created the company to give would be entrepreneurs and coin collectors an opportunity to make money while pursuing a love for gold and silver coin trading.
While I am not an affiliate, this Numis network overview will serve as an unbiased opinion from some who has been in this industry for years and been able to become one of the biggest income earners in his entire company while recruiting hundreds of people personally.
The premise behind the company is something called numismatics, which is essentially rare coin investing and collecting. With that in mind, all affiliates of the company are required to pay their entry fee of $ 299, and commit to a minimum $ 99 monthly autoship of collectable coins. Beyond that, their compensation plan is rather complex, but suffice it to say, that is is a binary comp plan that has a direct pay plan component along with a few trainer bonuses and so on.
Their idea I have to say is better than many MLM companies out there because the whole idea of your autoship is to collect supposedly rare coins. Unfortunately, there has been some debate as to how ‘rare’ the coins you can buy from Numis really are.
Many affiliates are selling the coins on ebay, which has erupted all kinds of concerns of legitimacy and a host of other issues like supply, and affiliates flooding the market with not so rare coins any more. Clearly, having tens of thousands of people putting the coins up for sale all over could negatively impact the sustainability of the opportunity and the valuation of the coins themselves.
Regardless of the opportunity, compensation plan, price of entry, or investment potential, you have to understand that no product, no company, and no coin will sell itself without a clearly defined, and well laid out marketing plan that is executed poperly from day 1. What I’m saying is, if you don’t know how to market, you might as well never start.
Every day, I see good, well meaning people join the latest and greatest MLM company (like the numis network opportunity) and fall flat on their face because they don’t know how to get past the old school marketing tactics taught by their company. Instead, they need to learn how to harness the true power that only the internet can bring. Why not make the internet your own personal business building slave, enabling you to build any company or business you want on demand?
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