Learn How To Make Money With myEcon
Last Updated on November 4, 2021
Wondering How To Make Money With myEcon? The myEcon compensation plan provides three primary ways to generate money. In this article, I’ll describe these revenue streams and how they operate.
Most people reach the end of the month, counting the few cents left in their wallets. Then, they wondered how many things they wanted to do but didn’t because they didn’t have any money. What if you could reach the end of the month and have some money to spend on whatever you would most like? What would it be?
To begin with, perhaps it is best if we give a brief introduction to what myEcon is and how it works. Myecon (short for “MyEconomy”) is based in Atlanta, founded in 2005, that aims to help and train its associates to bring them financial success. Currently, the company has over 50,000 associates and continues to grow exponentially.
You have several ways on how to make money with myEcon. You can choose between:
- Being a consumer of products and having discounts on services. These are trips and assistance services that you have already consumed and used before daily;
- Choosing to use the software and digital features that this company offers, thus having the chance to save a lot of money and consequently profit from it.
myEcon offers financial and business assistance and management services and can help entrepreneurs or citizens with other professions who wish to control and guide their finances and business. By providing services such as myCredit System, ID Defender, or CashFlow Manager, myEcon helps members save money and get a better idea of their financial status. Furthermore, they also improve the protection and security of data and personal accounts. That will save you time and money because you will have several services and functionalities together in one single platform and one single cost, without having to worry about contacting and paying several professionals to solve different issues.
With the money and time you will save and earn through the benefits of being a member, can you imagine what you could do or buy? And if there are so many good things about becoming a member, why not start learning how to make money with myEcon?
Ways On How To Make Money With myEcon
The myEcon compensation plan offers three primary methods to make money. I’ll go through these revenue streams and how they function in this section.
1 – Income Shifting Membership Sales
You must become a Marketing Director before you purchase the membership to Income Shifting.
Once you’ve completed this, you’ll be eligible to earn $10 for the first two referrals you make as long as they buy the Income Shifting Membership.
Typically, this payment is made only after new associates join the program.
You’ll then get a $35 bonus each time someone you referred becomes a Marketing Director and every time you sign up someone else.
Then, once you’ve successfully recruited three MDs, you’ll be eligible to become an EVP (Executive Vice President). You may establish as many separate downlines in your company as you like with this. Every individual that you directly recommend for as much as possible.
These are called Baseshop businesses, which include direct referrals and those they’ve recruited who haven’t yet become an EVP.
Don’t be scared if you don’t quite comprehend the idea. Just keep in mind that you will earn $25 per new MD in your team for as long as your company is using my training.
But before you start, you must first determine your retention rate, which is the percentage of recruits who finish the program. A quick word of warning, though. If your retention rate falls below 80% (more than 20% of your recruits leave the program), then your commission rates will also go down.
2 – Retailer Commissions
Most of the time, your retailer’s commission rate is determined by a “commission volume” (CV) for each product and membership. All future commissions are linked to this CV.
To provide you a sense of how it works. ID Defender costs $7.99, but you don’t make your commission on the entire amount since the commission size for this product is $2. As a result, any commissions you earn will be dependent on that $2.
Of course, the commissions for all of the various goods will differ.
If you become a Marketing Director, you’ll get paid 15% of all the items you sell. At the Executive Vice President level, your commission will jump to 25%.
Let’s try to break this down,
You may earn anywhere from .30 to .50 cents per month according to your company’s level.
You may earn 10% on any compensated sales that occur within your MDs organizations and up to 17% on commissioned purchases inside your “Generations.”
Now, this is the elegance of myEcon’s compensation plan: When a 1st generation associate sponsors someone else and becomes an EVP, they become a 2nd generation referral to you.
This can go on in perpetuity.
3 – Dream Team Residuals (DTR)
Based on your ranking, you will be paid a commission.
This commission would be up to $8 per month for an associate (in any generation) if he spent the ISM account monthly fee.
The associate has to be a member for more than 5 months.
myEcon Main Products And Services
It intends to give wings to your dreams and financial goals, offering solutions to achieve the goals you have always wanted! By joining the MyCredit System service, you will have access to features that will help you guide savings and set financial goals, assisting you in achieving them according to your credit score.
You will also gain access to learning materials related to managing finances and have the ability to perform online training and take assistance.
So, in addition to getting help improving and managing your finances, you will also have the opportunity to gain the knowledge you need to do it yourself and start helping others as well! The payment is $99.95, and the service is for life, so you can access it whenever and wherever you want.
The CashFlow Manager
This system serves to help you manage your business, increase its security and save you time. If you decide to use it, you will have the ability to encrypt your business data, register and save receipts and pre-set or change financial and logistical issues. This service costs $10.95 per month, but you can try it for free for 7 days!
Nowadays, with the proliferation of Internet use by more people and for the most varied actions, we have to be careful. So, we need more than ever to keep our personal information protected from eventual theft or duplication.
The ID Defender service will ensure that you protect your accounts and personal data by having access to anti-virus, anti-phishing/anti-spam, firewalls, and digital vaults. Therefore, you will also have the possibility to: detect fraud and suspicious activities related to your personal information or bank accounts, restore data and reverse questionable actions. You can also automatically receive notifications of all activities you wish to monitor.
Here you can choose between the individual plan, which costs $8.99 per month, or the family plan (where you can select up to 5 members) that costs $14.95 per month.
Consumable Physical Products
MyEcon also offers hundreds of consumable physical products, such as daily supplements, coffee, or hand sanitizer. These products benefit the consumer in several ways: they are quality and healthy products, which aim to improve your health (e.g., vitamins) and help your safety (e.g., hand sanitizer); but they also help the consumer in a way that by buying them, it may not look at first glance like you are making money.
However, by not feeding big companies or paying for unnecessary extra costs that often inflate the price of things you buy in other markets, you are saving money and therefore making money.
If you like to travel or have to do it frequently, there’s another way to make money with myEcon! You can decide whether to pay $139.95 for a membership plan or a $39.95 setup fee and $13.95 a month after that. The programs will give you access to several exclusive benefits and discounts, making you save up to 70% on your traveling costs.
You can have a 24/7 dedicated travel assistance service, access to a wide range of rental car companies, activities, and attractions. You can cancel this plan or service at any time. And the best part: this plan covers the whole family!
There is also a roadside assistance service, such as towing, gas delivery, battery jumpstart, flat tire change, winching, and lockout service! Another benefit of this service is that you can cover another family member in addition to protecting yourself!
You can also access exclusive offers and discounts on car rentals, hotels, vacations, and motorhome rentals. This service is priced at $99.99 per year.
Now, can you imagine how much money you will be able to save with all these exclusive benefits and perks?
You Can Start To Make Money With myEcon Today!
Yes, you read it right. If you want to try out some of myecon’s products or services and start earning money, you can do it now! There is no need to wait for some opportunity or time to arrive.
All you need is to go to their official website (https://www.myecon.net/), and in the menu, you will see a tab listed as “Products.” You can order them on the website and see their features and testimonials. From coffee to hand sanitizer to travel discounts, you choose where you want to start cashing out and earning!
If you want to become a member, there is also a way that you can start to make money with myEcon today. All you need to do is log on to their official website, look at the top right-hand corner of the screen, and in the menu, you will see a tab that says “Join Now.” After, you will be redirected to a page where you can see the name of your sponsor. Here, you have to submit some details of your personal information, such as your name, email address, phone number, and shipping address. Above, you will also have to select your registration. You will have two options to choose from: the Elite Business Membership (costs $99.95 once and $54.95 monthly after that) or the Income Shifting Membership (costs $39.95 once and $39.95 paid monthly after that). In both options, you only have to pay the second fee 30 days after the subscription starts.
After choosing an option, you can use a coupon code if someone gives you one (but the value of the code must be less than or equal to the membership cost), and you can also choose if you want access to the personal financial success training manual for only $24.95!
You will also have to choose a username for your web address at myecon.net.
So, are you willing to make money with myEcon today?
- If you want to become a member, you will have two main ways to make money with myEcon: by using their financial assistance, protection, and management services or by buying a wide variety of products, as both options will allow you to save money.
- By using all the company services, you will be able to save hundreds of dollars every month. It will save you not only money but also time! And as a result, you will also have several needs suppressed, centralized, and organized into one platform, which makes everything easier.
- You will have the opportunity to try different products from various brands and niches that you usually consume and use every day, which makes the goal of saving and earning money easier to achieve.
It seems hard not to be enticed by the opportunity to take advantage of such a wide range of products, so why not start making money with myEcon today?
References and Sources: https://www.myecon.net