Numis Network, Are Coins Cool For MLM Reps?
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
Commodities such as gold and silver are assets that keep rising in value even when the economy’s weak. Numis Network was formed with this concept in mind.
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.
Working View
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.
The Opportunity
There are two ways to make money in this business; one is to invest in graded coins and wait till they appreciate in value. Another is to become a partner in the business and spread the word to other coin collectors.
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.
A Binary commission system is followed; this allows even beginners to make money on par with experienced distributors.
Points In Favor Of Numis Network
This is an MLM business with a difference. While most other network marketers sell health drinks or cosmetics; you’d be improving the financial health of your customers by selling coins. 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.
Drawbacks
While distributors claim that graded coins offered by Numis have a higher value than ungraded coins, most numismatists feel that both should be treated at par. These experts say grading coins cannot increase their value.
Competition
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.
Another well known company dealing in coin collection is JR Mayer Collections. This is known for its link with Gold Quest International, a network marketing businesses with offices worldwide. JR Mayer has been around for more than ten years and known throughout the world for its numismatic business.
Numis Knacks
You may have your own Numis website; but then, so do all other reps. 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.