Would you like to earn money while you sleep?
Wouldn’t that be so great!
Well, Cash Formula System claims they’ll provide you with an automated system that will generate cash while you watch your TV!
Or is it? Or is it even possible?
Read on to find out what is really going on here!
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What is Cash Formula?
Cash Formula is an e-digital money making online product sold via Clickbank.
The owners claim they will provide you with an automated process for making money online through affiliate marketing.
They concentrate on selling through Amazon.
Since Cash Formula System is sold via Clickbank, you can get your money back.
1. No show owner
The supposed owner of this product, Michael Green is just a made up person. He does not exist and his picture is one taken from the internet.
If these people were so successful to have created tens of millionaires already, why would they have to use the stock photos to hide behind them?
2. Overhyped claims
There is no product online that will make you that sort of money in such a short time.
Especially if you don’t do any work.
These claims are so misleading: up to $5,000 in the next 24hrs or a $100,000 in the next month?!?
How can anyone say this and more importantly how can anyone believe this?
All the testimonials provided in the video are fake.
The people who appear in the videos are all actors. You can find them on Fiverr.
Again, if you have a product that works and is bringing your clients money and success, why would you need to hire people to tell fake stories?
There is no limit to how many ‘purchases’ of this product can be made.
There is no limit to ‘spaces’ on this system.
The scarcity technique is used only to hurry you up to spend your money without having the chance to reconsider what you are buying.
5. Your business is not your own property
So, even if we imagine this system works (and it does not), why would you want to build your business on the Cash Formula property?
They can pull the plug any time and you will stay without your income in a flash.
Selling or doing affiliate marketing via Amazon is a legitimate business and a very lucrative one if you know what you are doing.
So, if you’d like to do that, why wouldn’t you learn how to go about it, and have your own site and get all the profits yourself?
Once you are in the member’s area, you are first shown various online tools you need to operate your website.
This is one of the ways Cash Formula owners make money: through being affiliates with these companies. This is perfectly legit.
What isn’t is that you are not told about the extra expenses when you part with the initial $37.
You are offered:
Hosting with Siteground
Easy Azon plugin
Jungle Scout Amazon product research tool
Quuuu network for sharing your content
There are, also, some upsells and a downsell:
1st Upsell – $197
Downsell – $97
2nd Upsell – $297
Cash Formula System offers some training as well.
There are some videos and various e-books on how to sell on Amazon:
How to create your WordPress Amazon site
Cash Formula Guide – an e-book on how to sell on amazon. Nothing you can’t find for yourself on the net for free.
Amazon Affiliate Essentials – another e-book on using Amazon.com to sell or resell with profit
Amazon Affiliate Blueprint – this is actually another Clickbank product. More info on selling on Amazon.
Fulfillment by Amazon – an e-book on using Amazon to sell, store and ship your products
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Is Cash Formula a Scam?
I don’t think Cash Formula is a scam because you can get your money back via Clickbank.
Otherwise, I find it a very low quality product and I don’t recommend it.
You will never make any money with this software, mainly because you need to spend quite a lot of money up-front but won’t get enough useful info from the offered training to make that money back.
Selling on Amazon is a legitimate business, so truth has to said, Cash Formula does promote a viable business model.
Shame they haven’t put as much effort into their product as they have into their promo video and their sales page.
What Could You Do Instead?
Do the same thing – sell via Amazon, or even better become their associate!
Do Afilliate Marketing!
You won’t have any start-up costs, and you can literally start today.
Amazon Associates is an amazing affiliate program, and once you’ve been accepted, you can promote any product that Amazon sells on their website.
When I found myself in less than enviable circumstances (this has got to be the understatement of the year!), a year ago, I needed to earn money but also somehow, at the same time stay at home and look after my, then, 18 month old twins.
I first started with teaching English and singing online.
It was a temporary measure, since what I was really looking for is to establish a sustainable business online.
Passive income is what I was after and finding about affiliate marketing was the best thing ever!
Since I didn’t know anything about affiliate marketing, I soon started buying various courses to see how can I start at all.
Even though some of these courses were really good, I realized I’d have to keep buying new courses all the time if I wanted to keep up with the developments in internet marketing.
Things happen fast on the internet and you need to know about the changes.
Another lucky stroke – I came across a review of my #1 Recommended Platform for affiliate marketing and I’ve never looked back since.
I’ve learned so much there and I call them my online family!
You can start there for FREE!
Get your first 10 FREE lessons to see if affiliate marketing is for you at all.
Then, you also get TWO FREE WordPress Websites to keep for life.
By the time you finish your ten FREE lessons you will have your very own website set up online and ready for business.
The training is simply the best there is.
The testament to this are thousands of successful affiliate marketers all around the world.
They are also part of the community and you can get the support you need any time when you feel stuck with what to do next.
I so hope you’ll give it a go and see all of this for yourself!
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I hope you’ve found this article useful; if you have any further questions please, leave a message in the comment section below. Thanks!
Have a great day!
Founder of A.M.A.T.
Hello and welcome to A.M.A.T – my blog where I’ll help you on your quest to work for yourself.
By following my recommended training, you will achieve results with your online business.
Are you in search of some part-time work from home?
Or, maybe you are looking forward to quitting your current job.
Whichever way, I hope to inspire you to TAKE ACTION and start your online biz!
Have a great day!