Mar
08
Filed Under (Internet) by wealth
wealth
Holli Diel asked:


There are many people that want to know what it is that Passport to Wealth has to offer when they are comparing them to the many other work at home programs available on the Internet and they also want to know if it a scam? I hope to shed some light on their e-book product line and the cost of the program in this Passport to Wealth Review. P2W, for short, is a relatively new company in the home business Internet market arena. Passport to Wealth known to some as the “Down Under” or Australian 2 Up program, is offering a home business opportunity that revolves around marketing a large array of e-books.

When arriving at the passporttowealth.com site I noticed several software titles that are included with this particular work at home business and they claim to have thousands more. The Passport to Wealth product line is full of software titles like Idea Bucket, Public Domain Mastermind, Bloogers Guide to Profits and so on. The Passport to Wealth opportunity consists of marketing these programs for the price tag of $997.

So far this looked to be lucrative opportunity so I continued on with my investigation. I noticed on the Passport to Wealth website that it mentions that all members will have complete Resale Rights to $75,000 worth of e-book products. A new member will have the full resales rights to these products and can sell them on the Internet for a nice profit. That’s sounds like a pretty sweet deal, and I think most people would think so as well!

Something that I found to be somewhat alarming was that on the Passport to Wealth site under the compensation plan it states, “In fact the compensation plan is preferred by home business leaders because it provides immediate cash flow “, however, during my research I found quite the contrary because a new member not only has to pay the $997 to get access to the product line, but they also have to pass up 2 sales before they can earn any return on their money. This didn’t sound like immediate cash flow to me, in fact, a new representative is actually giving up over $3000 before they can expect to see a profit.

Something you might want to be aware of during your quest for the perfect wealth formula. Ask yourself, How long have these e-book products been around?” When comparing product lines are they cutting edge or just generic? “Are they products that resale well and are they in demand?” Some titles like Adsense Money Machine and Autoresponder Plus are examples of products that have been around on other sites for less than $10 per month. Be aware of products that have flooded the market and are widely distributed.

I will be very interested to find out how Passport to Wealth deals with the struggles that they seem to be having with some of the competing online businesses that carry cutting edge products like flash video and what if any adjustments they will make.



ELIAS
Share it and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • del.icio.us
  • Reddit
  • Ask
  • email
  • Facebook
  • Google Bookmarks
  • LinkedIn
  • Live-MSN
  • MySpace
  • Netscape
  • Squidoo
  • Technorati
  • TwitThis
Oct
30
Filed Under (Internet) by wealth
wealth
Ed Weeks asked:


Copyright (c) 2008 Ed Weeks

Please take a moment to learn everything you can about what the “wealth funnel system” really is. The Wealth Funnel System is simply EDC Gold and EDC Diamond. The person who copied a real funnel system that actually promotes a real business and created a unique disguise for EDC Gold is Derrick Harper. Let’s look into this Wealth Funnel.

Derrick simply developed a new capture page for EDC Gold and EDC Diamond that promises multiple income streams only after successfully selling stream #1, which is simply Easy Daily Cash (EDC Gold). The claim of the websites I have seen is that once you sell with this stream #1, you will be given the keys to the additional streams (2-7). This looks like the old bait & switch technique. In my honest opinion, there are no other income streams in this “system” because most people will fail miserably and never make any sales in stream #1….. therefore streams 2 through 7 will not be needed (if they even exist).

Why would you fail with stream #1, EDC Gold or EDC Diamond? EDC is a program that promotes ebooks, the majority of which are free. The program is no different from Passport to Wealth, Roadmap To Riches, The Little Guy Network, Big Ticket To Wealth, and the countless other ebook programs available online. Bottom line, there is no real business behind these programs… just ebooks that are given to you for your $997 fee so these programs are not labeled as ponzi or pyramid schemes.

In the Wealth Funnel System, or in EDC Gold as the system should be sold, you can only make money if you recruit. You do not make any real residual income…. that is, you make money on 1 or 2 of your recruits’ sales depending on which program you are in. That is completely and 100% lame to me! In a real online business, you should make money when you sell and you should make money when your recruits sell. More importantly, you earn on all of their sales, not just the first 1 or 2. This gives you true incentive to teach others how to market and how to sell. When you earn from all of their sales you will do everything you can to lead people to success, will you not?

In a real online business, you should be promoting an actual business or you should be charging for a real product. That is how real money is being made. Learn how to make it today by avoiding the traps so many others fall into. There is plenty of information on real business opportunities online. Do your research! The only wealth being created in the Wealth Funnel System is for Derrick Harper.



GEOFFREY
Share it and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Digg
  • del.icio.us
  • Reddit
  • Ask
  • email
  • Facebook
  • Google Bookmarks
  • LinkedIn
  • Live-MSN
  • MySpace
  • Netscape
  • Squidoo
  • Technorati
  • TwitThis