In July of 2010 Anik Singal and Saj P released Clickbank Wealth Formula which guaranteed to show folks the correct way to make giant incomes online by learning affiliate internet marketing.
This is the basic formula :
Select one of the thousands of Clickbank products. Funnel folk to a landing page where they subscribe, then send emails that push offers to subscribers
It all sounded far too simple, CWF was not what it guaranteed to be, there were many complaints and it was withdrawn. Many gullible folks fell for all of the hype because the product was well promoted previously but when it was launched it didn't live up to expectations.
Unfortunately many people who bought Clickbank Wealth Formula lost their money if they didn't ask for a refund. Clickbank is superb at giving refunds within sixty days, but folks spent an enormous quantity of time and additional cash trying to implement this program, which they could never get back. Because this poor-quality product disappointed so many newbies to web marketing they were so disgusted they gave up on affiliate marketing and never tried again.
It's not simply the unlucky purchasers who suffer when they buy poor-quality products such as Clickbank Wealth Formula. Many respected affiliate marketers and joint venture partners lose their reps and can suffer financially by accidentally promoting such bad products. They also lose a lot of cash and time because to promote a product they write content, reviews and fairly often compile their own bonuses that go along with the product. This is a sure way for any affiliate marketer in these circumstances to lose face, their customers who trusted their judgment become dubious about these affiliate marketers' reps. They advocated something that was worthless. Just by marketing it their reputation goes south along with the pathetic product.
Who is Anik Singal the Originator of Clickbank Wealth Formula?
Mr.Singal had a solid reputation up to the point at which Clickbank Wealth Formula was released, and had released many successful products to the market. His best-known product is probably Associate Classroom which was a course that many affiliate marketers took on the web. Affiliate Classroom taught noobies to affiliate marketing the basics, all the way up to the method of implementing SEO, knowing the best way to track pay per click advertising, right through to knowing how to optimize conversions so they could see high returns.
Anik's success was rewarded by being named as one of Business Week's top entrepreneurs for the year 2008. He is always quick to tell folk even today that he's made $16 million online in the affiliate promotion world and that obviously includes offering teaching and coaching to others so they too could earn cash online . There were hundreds of critical reviews about Clickbank Wealth Formula. This seemed wholly out of character for Anik. Here are a couple of those reviews :
"I purchased Clickbank Wealth Formula and I've been taking a look at it. The product appears to be O.K as Anik shows the techniques by which he makes money. What makes me insane is it doesn't measure up to any of the claims in the sales letters and there's plenty of mis-truths, the marketing pitch tells you things that aren't delivered in the software."
"After all of the hype I'm unsatisfied with Clickbank Wealth Formula it is not what I expected. The quality of the coaching videos is terrible and pathetic. They should have included more examples and some templates. He rattles on about the seriousness of capture pages but shows no examples. If he'd done that I believe this programme would've been more valuable. If you'd like to give it a go, beware. The product is a huge letdown after all of the build up."
"I just got CBW and I am definitely going to be asking for my money back. I'm new to affiliate promotion and I was expecting to be shown the correct way to make a profit-making web site, that is what the marketing letter said. That sales letter further said it might show you everything but when you get into the program they tell you they're not going to show you any of the complex stuff and I don't have the cash to spend having some other person do it for me which is what they suggest. I don't even know where it's possible to find the best folks to outsource to!".
"I just bought Clickbank Wealth Formula. I wanted to give it top marks because of Anik's reputation. I doubt if I could get above giving it 1 star. The videos are terrible quality and so little you could hardly see anything in them and the sound levels change all of the time from video to video. I don't even think that Anik created these videos himself as they're all sorts of individuals teaching the diverse sections."
Clickbank Wealth Formula - a Summary
Merchandise like CBW appear on the net all of the time, they're hyped-up, released, talked about for a couple of weeks after which they disappear and this is specifically what this has accomplished. Saj and Anik were barraged with negative critiques and requests for refunds. Thankfully they pulled it so nobody else will fall for the hype and waste their time and income. Even the domain name has disappeared. Let's hope they get the next 1 right!
This is the basic formula :
Select one of the thousands of Clickbank products. Funnel folk to a landing page where they subscribe, then send emails that push offers to subscribers
It all sounded far too simple, CWF was not what it guaranteed to be, there were many complaints and it was withdrawn. Many gullible folks fell for all of the hype because the product was well promoted previously but when it was launched it didn't live up to expectations.
Unfortunately many people who bought Clickbank Wealth Formula lost their money if they didn't ask for a refund. Clickbank is superb at giving refunds within sixty days, but folks spent an enormous quantity of time and additional cash trying to implement this program, which they could never get back. Because this poor-quality product disappointed so many newbies to web marketing they were so disgusted they gave up on affiliate marketing and never tried again.
It's not simply the unlucky purchasers who suffer when they buy poor-quality products such as Clickbank Wealth Formula. Many respected affiliate marketers and joint venture partners lose their reps and can suffer financially by accidentally promoting such bad products. They also lose a lot of cash and time because to promote a product they write content, reviews and fairly often compile their own bonuses that go along with the product. This is a sure way for any affiliate marketer in these circumstances to lose face, their customers who trusted their judgment become dubious about these affiliate marketers' reps. They advocated something that was worthless. Just by marketing it their reputation goes south along with the pathetic product.
Who is Anik Singal the Originator of Clickbank Wealth Formula?
Mr.Singal had a solid reputation up to the point at which Clickbank Wealth Formula was released, and had released many successful products to the market. His best-known product is probably Associate Classroom which was a course that many affiliate marketers took on the web. Affiliate Classroom taught noobies to affiliate marketing the basics, all the way up to the method of implementing SEO, knowing the best way to track pay per click advertising, right through to knowing how to optimize conversions so they could see high returns.
Anik's success was rewarded by being named as one of Business Week's top entrepreneurs for the year 2008. He is always quick to tell folk even today that he's made $16 million online in the affiliate promotion world and that obviously includes offering teaching and coaching to others so they too could earn cash online . There were hundreds of critical reviews about Clickbank Wealth Formula. This seemed wholly out of character for Anik. Here are a couple of those reviews :
"I purchased Clickbank Wealth Formula and I've been taking a look at it. The product appears to be O.K as Anik shows the techniques by which he makes money. What makes me insane is it doesn't measure up to any of the claims in the sales letters and there's plenty of mis-truths, the marketing pitch tells you things that aren't delivered in the software."
"After all of the hype I'm unsatisfied with Clickbank Wealth Formula it is not what I expected. The quality of the coaching videos is terrible and pathetic. They should have included more examples and some templates. He rattles on about the seriousness of capture pages but shows no examples. If he'd done that I believe this programme would've been more valuable. If you'd like to give it a go, beware. The product is a huge letdown after all of the build up."
"I just got CBW and I am definitely going to be asking for my money back. I'm new to affiliate promotion and I was expecting to be shown the correct way to make a profit-making web site, that is what the marketing letter said. That sales letter further said it might show you everything but when you get into the program they tell you they're not going to show you any of the complex stuff and I don't have the cash to spend having some other person do it for me which is what they suggest. I don't even know where it's possible to find the best folks to outsource to!".
"I just bought Clickbank Wealth Formula. I wanted to give it top marks because of Anik's reputation. I doubt if I could get above giving it 1 star. The videos are terrible quality and so little you could hardly see anything in them and the sound levels change all of the time from video to video. I don't even think that Anik created these videos himself as they're all sorts of individuals teaching the diverse sections."
Clickbank Wealth Formula - a Summary
Merchandise like CBW appear on the net all of the time, they're hyped-up, released, talked about for a couple of weeks after which they disappear and this is specifically what this has accomplished. Saj and Anik were barraged with negative critiques and requests for refunds. Thankfully they pulled it so nobody else will fall for the hype and waste their time and income. Even the domain name has disappeared. Let's hope they get the next 1 right!
About the Author:
If you would like more information on a system that teaches Affiliate Marketing that is extremely helpful, try this link. If you would be interested in making 100% commissions and learning exactly how to promote the available products, experience the Empower Network.
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