July 21st, 2010 Numis Network, Are Coins Cool For Home Business?
Coins are cool! This is the operating slogan of Numis Network, an MLM business that deals with coin collectibles. Here’s a Numis Network review that’ll take you through the pros and cons of the MLM opportunity.
Introduction on Numis Network
Gold and silver are recession resistant commodities. You’d have noticed the rise in prices of precious metals even when world economies were reeling under financial crisis. This was the idea behind creating the Numis network; a business that deals in numismatic coins.
The Numis Network was started by Ian Cordell, Christopher Kent and Jake Kevorkian with support from Mike Mezack, a noted numismatist. The three founders have vast experience in network marketing and their leadership is one of the major assets of this company.
What Is It About?
People have been collecting rare coins for years in the belief that the value of these coins would increase with time. In Numis Network, coins are graded to validate their value to make it easier for people who are looking to buy these coins. The merchandise in this business is modern gold and silver coins issued by various Government mints from all over the world.
Since the value of these precious metals keep increasing, these are said to be valuable assets to hold. The coins are marketed as a worthwhile investment to hold as well as to gift.
Income
In Numis, you can make money by investing in coins and selling them when they increase in value and by promoting the business to coin enthusiasts.
Outlay And Income
You can become a distributor by paying an initial cost of $75 and thereafter $10 per month. In this category, you’ll need to generate minimum sales of $100 each month to qualify for commissions. You can also become a Fast Track representative by paying initial fee of $299 and $99 per month. This package entitles you to a beginner pack, a Silver Eagle collectible coin, training videos, lead management and marketing programs and email marketing campaign.
The company follows a Binary compensation system that allows a good level of earnings.
Points In Favor Of Numis Network
This is not the usual network marketer that promotes cosmetics and health boosters; the product here is an asset, a good investment. While stocking up on health products may prove disadvantageous in those businesses, you’d only gaining by keeping a stock of coins as these appreciate in value over time.
Hitches
The company lays a lot of emphasis on grading coins to authenticate their value; however experts feel graded coins should be placed at par in value with non-graded coins. These experts say grading coins cannot increase their value.
Others In The Race
XAG Network is a similar company that sells silver Bullion. This MLM is less expensive for distributors. The MLM Company has a 5 x 8 matrix which offers good scope of income for distributors.
This company deals in numismatics and help subscribers make money by investing in gold and silver coins every month.
JR Mayer Collections is another large numismatic dealer that’s in partnership with GoldQuest International Ltd. The latter is an MLM company that operates in several countries. JR Mayer has been around for more than ten years and known throughout the world for its numismatic business.
Numis Knacks
The company claims to give you a winning business by offering you a free replica website. This may help you get some orders when people click on your site; but it’s not going to help you when all distributors have a similar site. To generate a good volume of business, you’d need to divert traffic to your site; this can be done if you know the right techniques to augment your web image. with the right internet lead generation tools, you could easily generate MLM leads even when you’re asleep and convert these leads to business.
