In July of 2010 Anik Singal and Saj P released Clickbank Wealth Formula which promised to show folks the simple way to make huge incomes online by learning affiliate internet marketing.
This is the basic formula :
Choose one of the thousands of Clickbank products. Funnel folk to a landing page where they subscribe, then send emails that plug offers to subscribers
It all sounded far too straightforward, CWF was not what it guaranteed to be, there were many beefs and that was withdrawn. Many credulous people fell for all of the hype as the product was well promoted previously but when it was launched it didn't measure up to expectations.
Unfortunately many people who acquired Clickbank Wealth Formula lost their cash if they didn't ask for a refund. Clickbank is excellent at giving refunds inside sixty days, but people spent a massive amount of time and further cash attempting to implement this programme, which they could never get back. Because this poor-quality product disappointed so many newbies to internet marketing they were so offended they gave up on affiliate marketing and never attempted again.
It's not just the unfortunate customers who suffer when they buy poor-quality products like Clickbank Wealth Formula. Many respected affiliate marketers and joint venture partners lose their reputations and can suffer financially by accidentally promoting such bad products. They also lose lots of time and cash because to plug a product they write content, reviews and fairly often compile their own bonuses that go with the product. This is a sure way for any affiliate in these circumstances to lose face, their customers who trusted their judgment become dubious about these affiliate marketers' reps. They recommended something that was pointless. Simply by advertising it their reputation goes south along with the crappy product.
Who is Anik Singal the Originator of Clickbank Wealth Formula?
Mr.Singal had a good rep up to the point where Clickbank Wealth Formula was released, and had released many successful products to the market. His best-known product is perhaps Associate Classroom which was a course that many affiliate marketers took on the internet. Affiliate Classroom taught noobs to affiliate marketing the fundamentals, all the way up to the process of implementing search engine optimization, understanding how to track PPC advertising, right through to knowing the best way to optimise conversions so they could see major 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 folk even today that he is made $16 million online in the affiliate marketing world and that obviously includes offering teaching and coaching to others so they too could make money on the web. There were loads of critical reviews about Clickbank Wealth Formula. This appeared totally out of personality 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 okay as Anik shows the strategies by which he earns cash. 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 marketing pitch tells you things that aren't delivered in the software."
"After all the hype I'm unhappy with Clickbank Wealth Formula it's not what I expected. The standard of the coaching videos is horrible and pathetic. They should have included more examples and some templates. He rattles on about the significance of capture pages but shows no examples. If he'd done that I believe this program would have been more valuable. If you want to try it yourself, beware. The product is a huge letdown after all the build up."
"I just got CBW and I'm definitely going to be asking for my money back. I'm new to internet marketing and I was expecting to be shown the simplest way to create a profit-making web site, that is what the marketing letter announced. That advertising letter 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 complex stuff and I don't have the cash to splash having someone else do it for me which is what they suggest. I don't even know whereabouts to find the best people to outsource to!".
"I just bought Clickbank Wealth Formula. I wanted to give it top marks since of Anik's reputation. I doubt if I could get above giving it one star. The videos are terrible high quality and so tiny you could hardly see anything in them and also the sound levels change all of the time from video to video. I don't even think that Anik produced these videos himself as they're all sorts of people teaching the diverse sections."
Clickbank Wealth Formula - a Summary
Merchandise such as 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 really is exactly what this has completed. 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 cash. Even the domain name has disappeared. Let's hope they get the next one appropriate!
This is the basic formula :
Choose one of the thousands of Clickbank products. Funnel folk to a landing page where they subscribe, then send emails that plug offers to subscribers
It all sounded far too straightforward, CWF was not what it guaranteed to be, there were many beefs and that was withdrawn. Many credulous people fell for all of the hype as the product was well promoted previously but when it was launched it didn't measure up to expectations.
Unfortunately many people who acquired Clickbank Wealth Formula lost their cash if they didn't ask for a refund. Clickbank is excellent at giving refunds inside sixty days, but people spent a massive amount of time and further cash attempting to implement this programme, which they could never get back. Because this poor-quality product disappointed so many newbies to internet marketing they were so offended they gave up on affiliate marketing and never attempted again.
It's not just the unfortunate customers who suffer when they buy poor-quality products like Clickbank Wealth Formula. Many respected affiliate marketers and joint venture partners lose their reputations and can suffer financially by accidentally promoting such bad products. They also lose lots of time and cash because to plug a product they write content, reviews and fairly often compile their own bonuses that go with the product. This is a sure way for any affiliate in these circumstances to lose face, their customers who trusted their judgment become dubious about these affiliate marketers' reps. They recommended something that was pointless. Simply by advertising it their reputation goes south along with the crappy product.
Who is Anik Singal the Originator of Clickbank Wealth Formula?
Mr.Singal had a good rep up to the point where Clickbank Wealth Formula was released, and had released many successful products to the market. His best-known product is perhaps Associate Classroom which was a course that many affiliate marketers took on the internet. Affiliate Classroom taught noobs to affiliate marketing the fundamentals, all the way up to the process of implementing search engine optimization, understanding how to track PPC advertising, right through to knowing the best way to optimise conversions so they could see major 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 folk even today that he is made $16 million online in the affiliate marketing world and that obviously includes offering teaching and coaching to others so they too could make money on the web. There were loads of critical reviews about Clickbank Wealth Formula. This appeared totally out of personality 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 okay as Anik shows the strategies by which he earns cash. 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 marketing pitch tells you things that aren't delivered in the software."
"After all the hype I'm unhappy with Clickbank Wealth Formula it's not what I expected. The standard of the coaching videos is horrible and pathetic. They should have included more examples and some templates. He rattles on about the significance of capture pages but shows no examples. If he'd done that I believe this program would have been more valuable. If you want to try it yourself, beware. The product is a huge letdown after all the build up."
"I just got CBW and I'm definitely going to be asking for my money back. I'm new to internet marketing and I was expecting to be shown the simplest way to create a profit-making web site, that is what the marketing letter announced. That advertising letter 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 complex stuff and I don't have the cash to splash having someone else do it for me which is what they suggest. I don't even know whereabouts to find the best people to outsource to!".
"I just bought Clickbank Wealth Formula. I wanted to give it top marks since of Anik's reputation. I doubt if I could get above giving it one star. The videos are terrible high quality and so tiny you could hardly see anything in them and also the sound levels change all of the time from video to video. I don't even think that Anik produced these videos himself as they're all sorts of people teaching the diverse sections."
Clickbank Wealth Formula - a Summary
Merchandise such as 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 really is exactly what this has completed. 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 cash. Even the domain name has disappeared. Let's hope they get the next one appropriate!
About the Author:
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