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Sunday, 6 January 2013

An analysis of Clickbank Wealth Formula

By Jeromy Michaels


In July of 2010 Anik Singal and Saj P released Clickbank Wealth Formula which promised to show folk how to make enormous incomes online by learning affiliate internet marketing.

This is the basic formula :

Select one of the thousands of Clickbank products. Funnel folks to a destination page where they subscribe, then send e-mails that plug offers to subscribers

It all sounded far too straightforward, CWF was not what it promised to be, there were a lot of beefs which was withdrawn. Many credulous people dropped for all of the hype because the product was well promoted beforehand but when it was launched it didn't live up to expectations.

Unfortunately many individuals who acquired Clickbank Wealth Formula lost their money if they didn't ask for a refund. Clickbank is excellent at giving deductions inside 60 days, but folks spent an enormous quantity of time and further cash making an attempt to implement this program, which they could never get back. Because this poor-quality product disappointed so many new entrants to internet marketing they were so disgusted they gave up on affiliate marketing and never attempted again.

It's not just the unlucky buyers who suffer when they buy poor-quality products like Clickbank Wealth Formula. Many respected affiliates and joint venture partners lose their reputations and can suffer financially by accidentally promoting such bad products. They too lose plenty of time and cash because to plug a product they write content, reviews and quite often compile their own bonuses that go with the product. This is a sure way for any affiliate marketer in these circumstances to lose face, their subscribers who trusted their judgment become dubious about these affiliate marketers' reputes. They endorsed something that was useless. Simply by promoting 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 marketplace. His best-known product is maybe Affiliate Classroom which was a course that many affiliates took on the web. Affiliate Classroom taught newcomers to affiliate marketing the basics, all the way up to the process of implementing search engine optimization, knowing the best way to track pay-per-click advertising, right through to knowing the best way to optimise conversions so they could see serious returns.

Anik's success was rewarded by being named as one of Business Week's top entrepreneurs for the year 2008. He's always fast to inform people even today that he's made $16 million online in the affiliate internet marketing world and that includes offering teaching and coaching to others so they too could make cash on the internet. There were loads of critical reviews about Clickbank Wealth Formula. This seemed totally out of character for Anik. Here are a few of those reviews :

"I purchased Clickbank Wealth Formula and I have been looking at it. The product seems to be OK as Anik shows the methods by which he makes money. What makes me crazy is it does not live up to any of the claims in the sales letters and there is a ton of mis-truths, the sales hype tells you things that aren't delivered in the software."

"After all of the hype I'm disappointed with Clickbank Wealth Formula it isn't what I expected. The quality of the training videos is awful and pathetic. They should have included more examples and some templates. He rattles on about the importance of capture pages but shows no examples. If he'd done that I think this programme would've been a lot more valuable. If you'd like to try it, beware. The product is a big letdown after all of the build up."

"I just got CBW and I'm definitely going to be asking for my money back. I'm new to affiliate marketing and I was expecting to be shown the correct way to make a lucrative website, that's what the sales letter announced. That advertising letter also said it might show you everything but when you get into the programme they tell you they don't go to show you any of the complicated stuff and I don't have the money to spend having some other person do it for me which is what they suggest. I do not even know where it's possible to find the best folks to outsource to!".

"I just purchased Clickbank Wealth Formula. I wanted to give it top marks simply because of Anik's reputation. I doubt if I could get above giving it one star. The videos are terrible quality and so modest you can hardly see anything in them and the sound levels alter all the time from video to video. I don't even think that Anik produced these videos himself as they're all sorts of men and women teaching the various sections."

Clickbank Wealth Formula - a Summary

Merchandise like CBW appear on the web all the time, they're hyped-up, released, talked about for some weeks and then they disappear and this really is precisely what this has accomplished. Saj and Anik had been barraged with negative reviews and requests for refunds. Thankfully they pulled it so nobody else will fall for the hype and waste their time and funds. Even the domain name has disappeared. Let's hope they get the subsequent 1 proper!




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