Online marketing is the new American Dream. You hear the stories every week, if not every day.
“I was stuck at a dead-end job, working my life away with no reward. One day I got fed up with it. I started my own online business catering to a specific niche. Now I'm a multi-millionaire!”
The problem is, many businesses sell you this dream for their profit. The most common way companies do this is through pyramid schemes.
However, not all businesses that offer you the chance to start a home-based business are fraudulent. Epic Trading is an example of a legit company that equips you to succeed in online marketing.
Many people think that because Epic Trading wants its existing members to connect new members to their platform, it must be a pyramid scheme.
While people have a right to be suspicious of scams, especially online, there's more to Epic Trading than you may believe. It can be a valuable tool to help you build an online business from the ground up!
Pyramid Schemes and MLM
Before we can talk about Epic Trading, though, we need to get some definitions clear.
First off, let's figure out exactly what people even mean when they use the term “pyramid scheme.”
Pyramid schemes prey on your work or financial dissatisfactions. They promise you that you can change your life by selling their product.
In reality, all of your income comes from the recruitment of other people into the scheme.
To keep you invested, they will often offer you “growth opportunities” like webinars, conferences, and similar things (all of which they charge you for).
Of course, people often have suspicions about a marketing business whose product they've never seen. So, pyramid schemes often bolster their claims by providing you their product (once again, for a price).
When all of this is considered, even if you make some money by recruiting others, it will never be enough to repay how much you spend on the scheme.
Because so many people have encountered pyramid schemes, they are automatically wary of MLM businesses.
MLM stands for “multi-level marketing.” These businesses sell their product on a person-to-person basis. Often they also compensate you if you recruit others to the MLM company.
“So,” you may ask, “what's the difference?”
The crucial difference between a pyramid scheme and an MLM business is what they pay you for. An MLM company, unlike a pyramid scheme, will pay you for your retail work independently of your recruitment numbers.
Epic Trading: What They Do
Epic Trading falls into the category of MLM business. There are high-end MLM names on their executive board, and they've been operating since 2014. All of this adds some legitimacy to the company.
What do they do, exactly? Essentially, they are a global training company. They offer several educational packages and courses, which are their product, to train members into successful online marketers.
Epic Trading can be deemed an MLM based on who buys their product. If the only people buying the courses are independent business owners (IBOs), who sign up solely to make money by recruiting other IBOs, it's a bad deal.
To complicate matters, Epic Trading does have a compensation program for members who recruit new members, though.
So, you wonder, how does that not make Epic Trading a pyramid scheme?
If that's what you're thinking, then here's a straightforward trick to help you determine whether a business is an MLM or pyramid scheme.
Ask yourself, “Would I buy this product for its quality, even if I don't make money off of it?”
If the answer to that is “yes,” then the product is most likely not from a pyramid scheme.
Remember, pyramid schemes want to keep you invested in their product. They have no interest in actually furthering your interests.
If the product seems to be of good quality, will further your development through clear methods, and doesn't require you to recruit others, it's probably not a pyramid scheme.
By this criteria, Epic Trading comes across as a legitimate MLM business.
The Value of Marketing
Pyramid schemes hold out a dream of owning your own business and working from home, but never make good on it. They always want you to take another step into their scheme.
The dream they're using against you isn't just a fantasy, though. It does happen, and it can happen. Building an Epic Trading business is a great way to start.
First, they let you learn the basics of marketing. Specifically, you need to learn how to use online tools to your advantage as an online marketer. They will teach you how to do that.
Utilizing social media, online metrics, search engine optimization, and other similar materials can be a life-saving technique.
Instead of having to track down your friends and family with a sales pitch, you can reach thousands, maybe even millions, across the globe.
Of course, the online world is frequently changing. New platforms, new trends, and new information are constantly coming in.
Having somebody that can teach you how to spot crucial changes is a tremendous asset to you.
Epic Trading can strengthen your network marketing abilities, helping you to make the sales you need in your business network.
Epic Trading can be a great way to start making money from home, and it can be of critical aid when starting your own business.
What if there's an even better way though?
There's a way to set up a business that you'll own with an easy newcomer-friendly structure. We know it works because it worked for us.
It's the model that David Sharpe, CEO of Legendary Marketing, used to leave MLM and find incredible success.
If you enjoyed this review on Epic Trading, please consider checking out our free online webclass which will walk you through our #1 recommended way to earn money online from home and teaches affiliate marketing strategies including how to make multiple high-ticket affiliate commissions each month marketing valuable products people already want to buy.