Preservation of Wealth and Numis Network – A Comparison

It has been quite some time since I first profiled Preservation of Wealth and Numis Network. But since then both companies have undergone some changes. Because of that, I thought this to be a great time to examine these two gold and silver MLM companies again. Both of these companies were launched in 2009 making them fairly new to the network marketing arena. Since then, both companies have seen increasing development and have created a good foundation of representatives. Both companies also use a binary compensation plan and both businesses are built around the sale of precious metals. The rest of this article will be spent examining the differences between the two companies.

Most people assume that Preservation of Wealth and Numis Network both sell coins. To some extent that may be true. However we need to see that there exists huge difference between the products both companies offer. To make this easy we will cover first the one thing that the two companies have in common; both companies offer numismatic coins. A numismatic coin is a coin that has been graded by a third party grader. Both companies offer some coins which have been graded by NGC and PCGS, which are two of the top grading companies within the industry. But they also use another third party grader for their monthly autoship programs. Numis Network has chosen to use ANACS, while Preservation of Wealth has chosen to use ICG. The CDN Coin Market Indicator rates the grading companies has currently rated ICG with a grading average ratio of 70.49% and has rated ANACS with an average of 57.56%. In contrast, the ratios of PCGS and NGC are 79.27% and 79.54%. Sight-unseen verses sight-seen are how the ratios are based. To clarify this further, an NGC graded coin receives the same grade once it is seen 79.54% of the time.

Price is another major difference in the Numismatics each company offers is price. Preservation of Wealth sells a 1987 Constitution DCA PR70 (meaning proof with mirror finish) which has been graded by ICG. The sliding scale price begins at $99 for one coin, $97 for two coins and $95 for three or more coins. The Numis Coin shop sells an identical coin, graded by ANACS for it Preferred Customer cost of $259.00. We will use the highly sought after coin, the 2011 American Silver Eagle, as another example. Numis Networks Preferred Customer price is sold for $119.95, graded by ANACS. Preservation of Wealth sells precisely the same coin, although graded by ICG, on the sliding scale that again begins at one coin for $99, $97 for two and $95 for three or more coins.

The choice of grading companies as well as the Numismatic coin pricing aren’t the only differences major differences between the Numis Network and Preservation of Wealth. Preservation of Wealth has built almost their large customer base by offering precious metals at dealer cost. With this portion of their business, Preservation of Wealth is able to compete directly with the larger online coin dealers such as Apmex, Blanchard, Goldline and Kitco. The mainline vendors are offered ungraded coins, rounds, bars and ignots at a huge savings. Numis Network concentrates on the graded coins and doesn’t offer much bullion.

The benefits program offer by Preservation of Wealth is another big difference between the two companies. Besides offering the opportunity to purchase at dealer cost ungraded coins and bullion, the company has also put together a complete complimentary benefit package that includes travel benefits, legal review and a cash back shopping mall.

The opportunity to create a highly successful business and acquire collectible Numismatic coins monthly is offered by both companies. The prospect will want to think about the market that is being targeted as well as the costs that are a part of each company. A network marketer who has learned how to successfully brand themselves should have the opportunity to build a productive network marketing business with either Preservation of Wealth or Numis Network.

How Does Vemmabuilder Work?

Before we get into my analysis of Vemmabuilder, I just would like to reveal that I am not involved in the Vemma home based business, so this is just a third party opinion of Vemma Builder. 
 
I have had acquaintances tell me about Vemmabuilder, so I am aware the system. I have also completed my research on Vemma, because I like to study companies and wish to add that Vemma is a magnificent company, especially, the fact that they donate some of their proceeds to charity. Vemmabuilder is a system that you can pay extra for and use to help market your Vemma business.

This system tracks visitors to your site and blasts out automatic emails to individuals who have filled out the form on your VemmaBuilder site.  This will not create automatic signups, you still must call the leads, but at least, the lead will be familiar of Vemma before you call.

Here are my thoughts:

What I like about the system:

1). Prospects are not offered an incentive to fill out the form
2). You determine how many prospects you want per day
3). You can go for either US or Canadian Leads
4). After the prospect fills out the form, they are given a tour of YOUR Vemma website
5). The new prospect will automatically start receiving email messages from your Vemmabuilder autoresponder

What I don’t like about the system:

1). The prospects are mostly generic home business seeker leads
2). Most leads you acquire, you probably have to sell them on MLM and answer the question of why they have to invest money
3). The leads are costly
4). You have to call them

Vemma suggests you to purchase the Vemmabuilder tool, which I’ll be honest, I am not a fan of purchasing leads. They are costly and who wants to cold call prospcts only to get hung up on or even yelled at? At the time of composing this article, you could purchase leads from Vemmabuilder for anywhere between $2.00-$2.50 per lead. The cost depends on the quantity that you pay for.

When I began my MLM opportunity, I was told to purchase leads and phone them. At the time, I had a fulltime job, so on my days off, I would spend time calling these prospects. 90% of the folks did not even answer. I would leave voice mails only to never receive a return phone call. If I did get somebody on the phone, they were not even interested in a home based business. Talk about being depressed and a waste of time and money! But, for those that enjoy the phone and talking to folks, then Vemmabuilder would certainly be an asset for your opportunity.

After realizing that phoning leads was not for me, I was determined to teach myself about generating leads other ways. I quickly found that the successful individuals in this industry generate their own leads, most of them through free ways of advertising.

In other words, to top earners in this industry generate their own leads 100% free, on the internet, without having to pick up the phone. They have folks calling them for more information. Would that make your life easier if you had folks calling you inquiring about your Vemma business? And if all of this happened for free?

If thinking that using the Vemmabuilder system is not for you, but you are looking for ways to generate free leads online, then click here: Vemmabuilder, is not my cup of tea.