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Clickbank Wealth Formula Review - The Unbiased Truth
ClickBank Wealth Formula is an affiliate marketing e-product put out by IM moguls Anik Singal and Saj P. You've no doubt seen the hyper-aggressive delivery styles of the many "reviews" of this overly romanticized product. In this article, I will share my findings on the ClickBank Wealth Formula product and offer you my unbiased opinion on the validity of its marketers' stated claims. Do not purchase ClickBank Wealth Formula without doing your due diligence. This article is a good place to start.
ClickBank Wealth Formula is a $77 USD e-product which takes the form of a 10-module video curriculum. For those of you that are unaware, a digital product is nothing more than a file that you download into your computer. You are not actually purchasing a physical product. The authors of ClickBank Wealth Formula represent the product as being a streamlined approach to marketing ClickBank digital products that anyone, regardless of personal experience, can implement and profit from in as little as three days. If you visit the ClickBank Wealth Formula website you will be presented with supposed video evidence of how the ClickBank Wealth Formula method has generated thousands of dollars a day for various people in a sustained and consistent way. The fact that Anik Singal and Saj P are self-made millionaires is indisputable; however, I found it odd that a gentleman in one of the videos claiming to have similar success using this formula was filming his testimonial in a very plain-looking room with a $200 stereo system in the background. Not exactly the décor you would associate with someone making thousands of dollars a day.
I am not saying that the financial evidence that is being presented on the ClickBank Wealth Formula official site is fake, but I feel that it would be in your best interest to know that ClickBank financial statements can be engineered very easily if someone with a few thousand dollars wishes to do so. The products being sold are files and cost absolutely nothing to produce. The video evidence of these ClickBank paychecks does not reveal any detail about what products were sold to generate those returns or who owned those products. All one would have to do to produce fantastic sales results for a video testimonial would be to buy one's own product again and again with the same money. No real customers would exist in this scenario and the perpetrator of such a hoax would not actually have to spend anything, as he would simply be paying himself over and over again with the same money.
Again, I am not saying that the authors of ClickBank Wealth Formula have done this. This is just for your own edification. Let's outline the product's features.
There are 10 Modules within ClickBank Wealth Formula. The interface looks a little old and outdated, most of the information presented within the video modules is based on tried and true affiliate marketing methods with the primary marketing focus being on e-mail marketing. ClickBank Wealth Formula deemphasizes article marketing and SEO techniques and presents a "wham bam thank you ma'am" approach to marketing ClickBank products:
Module 1 (Videos 1-4): present a basic overview of the ClickBank Wealth Formula method and present the main models of affiliate marketing with an emphasis on list building and e-mail marketing.
Module 2 (Videos 1-2): present a little known method of outsourcing website creation for less than $100 USD. The videos then go on to identify and outline what a person will need to implement the ClickBank Wealth Formula system, i.e., hosting, an autoresponder service, and website.
Module 3 (Videos 1-6): present the core concepts of niche marketing and include detailed rules on what niches one should choose and on what products one should be promoting to maximize profit potential.
Module 4 (Videos 1-6): present the concept of list building and how to use an opt-in page to generate sales leads.
Module 5 (Videos 1-5): present a "secret method" for automating your marketing efforts in the form of email autoresponders. The method is extremely effective; however, it is far from the realm of hidden knowledge!
Module 6 (Videos 1-4): present the concept of CPA, or Cost Per Action, affiliate earnings options and how to find merchants and products that will offer this payment alternative.
Module 7 (Videos 1-3): teach solid e-mail marketing promotion techniques with pre-made templates that one could use in their autoresponder campaigns.
Module 8 (Videos 1-6): present the ClickBank Wealth Formula blueprint, and the authors spend a lot of time showing you how much money they supposedly make using it. The videos also present the concept of bonus packages.
Module 9 (Videos 1-9): present methods for generating traffic to a webpage including blog commenting, PPV, forum marketing, JV Traffic and Ad Swaps, and social media.
Module 10 (Videos 1-8): offer a basic summary and wrap-up of the core concepts presented and present some questionable black hat marketing tactics for generating sales. Finally, it presents the tried and true method of using Thank You pages to promote list member loyalty.
As you can see, one would get a lot for their money. The information presented within ClickBank Wealth Formula is exhaustive and genuine, for the most part. However, I feel compelled to point out some grossly misleading statements made by the authors. Namely, that you can purchase an SEO optimized domain name and have a website up and running in 5 minutes. This is impossible. I also find the stated earnings potential to be highly unrealistic. Although the method presented would undoubtedly be profitable if implemented as instructed, I think, at best, one could only expect to earn 20-30% of what the authors claim. Additionally, it would take longer than advertised to produce these results. There is only one secret to making money online, and that is that there is no secret. Only hard work and a genuine desire to succeed will generate success.
The ClickBank Wealth Formula system is sound, albeit oversold. It can work, if you follow the system. Just don't expect to make thousands of dollars without working hard to get it. This is just my opinion. You should check out the ClickBank Wealth Formula official site in order to benefit from a presentation of the product from both sides. This will only insure that you make an educated decision before determining if it is right for you or not.
My name is Randy Ledbetter. I invite you to learn more about Clickbank Marketing by visiting my website where you can learn how to increase your knowledge base about Clickbank and all things related to being a successful and profitable online marketer At Absolutely No Cost to You. There, I'll also show you how you can get a large library of online marketing resources FOR ABSOLUTELY FREE. One of the items in this comprehensive library is titled, "The Clickbank Wealth Guide." This eBook is FREE and jam-packed with useful and relevant information about Clickbank marketing success. No matter what you decide to do, however, I wish you great success in all your online marketing endeavors.
Sincerely,
Randy Ledbetter
OnlineMarketingTipsandReviews.Com
Article Source: http://ezinearticles.com/?ClickBank-Wealth-Formula-Review---The-Unbiased-Facts&id=5682494
About the Author
Randy M. Ledbetter is a successful online marketer who specializes in affiliate marketing educational resources and tools. He is the sole proprietor of OnlineMarketingTipsandReviews.Com and is highly committed to offering aspiring Internet marketers honest and useful information on how to get started in online marketing and what strategies, products, services, and attitudes will most likely facilitate success.
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