After being away from the
industry for several years, I was not jumping into anything that would
drum up the negatives of past experiences where everyone gets excited,
then quits soonafter, only to become more jaded by the industry than they
were before.
#1. It has to be so
simple that people can quickly
turn around and share it with confidence.
#2. It has to pay people
very well in their first month.
If I didn't see both of these
things as realistic, I didn't bother looking any further.
::::::::::::::::::::::::::::
MARKETING
::::::::::::::::::::::::::::
I checked out Numis Network
and was impressed by the professional look of it all. They really
have their act together. Websites, systems, marketing. Well
done. The founder is from the world of the Shopping Channels.
Hmm. Red flags popped up a bit, but I can't deny they have quite
a bit of marketing know-how.
I also checked out Preservation
of Wealth. Not as visually commanding. Simple though, which
you know I think is critical.
I talked to P.O.W. owner
Justin Davis. More on that later. Seemed like a decent bunch
of people working it.. not a lot of hype. Marketing tools are developing,
and it seems they are getting traction and attracting some experienced
leaders.
When it comes to marketing,
Numis wins as of today, but this story isn't over yet. I try to cut
though packaging and look for substance. Yes, I like shiny objects
as much as the next fish on the hook, but I don't give up my time easily.
So for me P.O.W. wins, yet I appreciate why for others Numis would win
on the subject of marketing presence. At least for today.
::::::::::::::::::::::::::::
VALUE
::::::::::::::::::::::::::::
Numis: I didn't
know anything about numismatic coins so I asked someone who did.
An experienced collector told me he would never bother with the Numis coins.
He said the grading company Numis uses is the least desirable, as compared
to PCGS and NGC. The featured Numis MS70's might only get graded
as MS68-69 by a more reputable grader, and be worth $30 to $70 max.
He suggested Numis must therefore be buying truck loads of them at a price
a great deal less than the ~$100 they sell them for. Millions of
these coins are made.. so much for rarity.
Comment inserted
by webmaster: A former Numis member in the midwest brought his ANACS-graded
MS70 coin to a large reputable coin shop. The coin dealer offered
an assessment based on the grading company.. putting the value at little
more than that of an ungraded coin in his opinion, and offered $20 for
it.
P.O.W. lets you
acquire coins and bullion (practically anything you're looking for) "at
cost". So far not a single person who asked for a quote has reported
that they found a better deal elsewhere. Other dealers have said
that they cannot compete with the P.O.W. business model.
Personally, I started buying
coins and bullion from P.O.W. right away.. inflation waits for no man.
Bottom line, for my $100
I'd rather have 5 ounces of silver than just 1. And, I want to accumulate
a sizeable amount at the best prices I can get. My plan is to introduce
people who want to earn money so they can then acquire precious metals
at the best price, as well as those who are eager buyers already.
So for me, P.O.W. wins hands
down on the point of Value. Even if P.O.W. did not exist, I still
would not join Numis.
::::::::::::::::::::::::::::
ENTRY COSTS
::::::::::::::::::::::::::::
Numis costs $75 +
tax + shipping at the Basic level, and pays fast starts and binary commission
at that level. Numis costs $495 at the Executive level. One
MS70 coin included, plus a collector case and marketing systems.
P.O.W. costs $50,
and pays only fast starts at that level. P.O.W. costs $249 at the
Silver level. Two 1oz silver coins included.
Personally I'm not much interested
in paying for the extras. $249 is a much easier buying decision,
and I think people will better appreciate what they get for it. So
for me, P.O.W. wins on this point.
::::::::::::::::::::::::::::
ONGOING COSTS
::::::::::::::::::::::::::::
Numis has an autoship
($120/month + shipping? Sorry I can't be more precise here.. I think it
was adjusted) plus ~$10/month for websites. More for systems from
the upline and others.. Some are $50/mo I'm told.
P.O.W. - $0.
An optional autoship is a future consideration. Nothing to ever open up
your wallet for again, for a full year. Even the tools provided by
the upline are free.
One myth about autoships
is that without them you can't make big money. Nonsense. There
are countless $50K/month earners out there in programs that had/have no
autoships. Besides, since people tend to quit programs in a month
or two, how much is their autoship really factoring into things?
The reality is, comp plans are driven by new sales first, autoships a distant
second.
So for me, P.O.W. scores
again. I'd rather buy my product according to my own schedule and
my own budget.
::::::::::::::::::::::::::::
FAST START
::::::::::::::::::::::::::::
Most Fast Start Bonuses in
the industry are chuck wagons. I prefer Ferraris. Let's look
at Numis and P.O.W.
Both companies pay $100 for
referring a sale. What I look for is how many sales it takes to break
even. Business should have positive cash flow.. it's a problem if
it doesn't.
Numis: Let's
say the coin and the case are assets worth $100. So you must earn
$400 to break even and to begin profits. And, you must earn the $400
before your autoship kicks in a couple of times, presuming that sooner
or later you'll determine the actual value of what you're getting on that
autoship is not justifiable to you.
Yes, Numis has a coded bonus
structure too. Unless you are sponsoring quite a few and seeing duplication,
it's not what I'd consider part of the "fast start" money unless you are
a superior networker. I'll touch on this again later.
P.O.W.: The
coins shipped to you are worth $45 or so. Net cost about $200.
Two sales and you break even. No other costs.
More points to P.O.W.
Justin Davis understands the meaning of the word "fast" in Fast Start Bonus.
I'd say P.O.W. would be at least 2x as quick as Numis to get to positive
cash flow in an average situation, and the simplicity and buying decision
factors might boost that to 3x or 4x.
::::::::::::::::::::::::::::
BINARY
::::::::::::::::::::::::::::
The Numis binary arguably
has one advantage in that the autoship feeds it to a degree, but I covered
that already. Let's look at the bigger picture. Feel free to
check the corporate websites and study both comp plans in their entirety
to see the details. For me though, it boils down to this:
Numis pays $30 per
600BV split 50/50
P.O.W. pays $60 per
500BV split 50/50 to 60/40.
Case closed!
I suppose I should wrap it
up..
::::::::::::::::::::::::::::
THE REST OF THE COMP
PLAN
::::::::::::::::::::::::::::
This is the age of Frankenstein
comp plans. They take pieces from every comp plan out there and stitch
them together. They call them "hybrids", and "the most lucrative
in the history.. " yadda, yadda. To me, they are ridiculous at best,
dangerous traps at worst. These plans are usually Reverse Robin Hoods..
steal from the poor and give to the rich.
I tend to check out the first
page of a comp plan and pretty much ignore the rest. The first page
is largely what will determine attrition. All considered, the rest
of the Numis comp plan becomes irrelevant to me. Let me explain..
The Numis comp plan
is not bad compared to many. It has a lot of features for leaders.
The coded bonus is pretty interesting I must admit. But again, because
the great majority of people will never access the advanced features of
a complicated comp plan, I focus strictly on what most people's experience
will be in a company. In Numis it's hard for me to imagine most people
getting much past the fast starts and binary before they quit or their
networks erode away, so I limit my review to those features.
P.O.W. gives you a
~$150 gold coin as a bonus each time you do 20 cycles. That's it.
There is nothing else to understand, no hoops to jump through, no endless
qualifiers, no ranks. They have a 59-second explanation. Justin
Davis worked as a comp plan programmer for many years. He saw the
trends towards complexity, and has referred to it as "smoke and mirrors".
He created P.O.W. to give people an alternative to industry hype.
I said to myself, "Finally someone GETS IT!" No money is spread out
to advanced features.. it all remains in the binary where everyone has
quick access.
So for me, P.O.W. is the
only choice. Keep it simple! Done. Pay new people properly
so they don't get discouraged! Done.
::::::::::::::::::::::::::::
BOTTOM LINE
::::::::::::::::::::::::::::
Numis Network will get big
based on marketing to people who are not (yet) knowledgable about coins,
but who are hungry for an opportunity. I therefore cannot bet on
Numis long term. Better companies have crashed for lesser reasons.
No doubt some leaders pulling
down huge money would blow off what I'm saying, counter-argue, whatever.
It's not like I'm saying things that are not already getting said, both
outside Numis and inside.
Comment inserted
by webmaster: From May 23rd to Jun 10th a consistent average of only
22 people per day joined Numis. With over 10,700 signed up since
last summer, how many can actually still be working it? Draw your
own conclusion.
So for me, sorry Numis, I didn't
buy it on the shopping channel and I'm not buying it in mlm either.
But you did get 1000's of network marketers excited about precious metals
again, so I thank you for that. You've primed the market!