Here’s how sites like Profit Masters Academy and Web Fortune Master work. First they sell you the program for either $97 or $49.95 (depends on if you buy immediately or go to leave the page). But they don’t care about that… no-one ever cares about the first amount of money. It’s digital goods so they could sell it for $2.00 if they really wanted because it doesn’t cost any more for 1,000 to buy it than for 10 people to buy it.
After that they teach you how to post affiliate links. You don’t need a website to teach you that.. you can use major affiliate networks like Commission Junction, Share-A-Sale, or ClickBank (those are the real deals). For more information about how to actually make money with affiliate marketing read my Affiliate Marketing Crash Course.
The reality is that you don’t get paid for posting links.. why would a company pay you $15 for posting a link if we can hire an offshore workforce for $2.75 an hour? $97k per year vesus a full time employee for $300/month who can do the same thing “No experience. No degree. No skills needed” —>That type of labor comes much cheaper than $15/link. In conclusion.. you only get paid for posting a link if someone clicks on the link and purchases the product you represent.
For example.. here’s a link to Wealthy Affiliate (a community of beginner Internet entrepreneurs):
If you click that link above and sign up for the free affiliate marketing lessons (which I recommend you do), I make $1.00. If you decide later to upgrade to premium membership so you can host your own website, I earn $8.00 on the first month. But if you click on the link and DON’T sign-up, I make nothing. I recommend Wealthy Affiliate because Kyle and Carson (the owners) are very active in the community. Wealthy Affiliate is the #1 affiliate marketing community online for beginners.
So now you know why Profit Master Academy is misleading its readers into thinking you get paid for posting. You don’t actually get paid per link you post. The truth is, if you post the right link in the right place, you could make a heck of a lot more than $15 (the link keeps working for you), but the reality is you’ll post hundreds of links that do nothing.
The second reality is, “posting links” doesn’t work. Take it from a guy who has created 2 online businesses since he was 18 years old built on Affiliate Marketing. I explain to all my clients who want to enter the affiliate marketing game on their blogs that you can’t just post a link and hope people click your ad.. you’ll get next to 0 conversions. The real way to make money in affiliate marketing is to write product reviews or endorsements. If you have credibility with your readers, followers, fans (whoever) they care about what YOU care about because they (hopefully) trust your judgement. Just like an apology should never be without a reason, an affiliate link should never be without a personal endorsement.
Second to lastly, the folks at Profit Master Academy call you and sell you a coaching program for $5,000 where they teach you how to build a website and sell stuff online. As I mentioned, no-one cares about $49.95.. that’s pocket change. This is why they offer a 100% money back guarantee, because they don’t care–it’s just permission to sell you more stuff. That and the affiliate network they use to process their payments require that they offer a 100% refund guarantee. The reality is they’d offer the program for free if that would work–but it wouldn’t. Simple sales psychology shows us that it’s 1000x times easier to get a customer to spend MORE money than spend ANY money.
Although they could offer the product for free, it’s easier to get you to go from $49.95 to $5,000 for their training program than $0 to anything. The purpose of the website is to automate the process of creating that pattern of you giving them money in an automated, scalable way. It wouldn’t be profitable if they had to speak to each person on the phone for 1-2 hours to convince them to spend $49.95. However, once you’re there, it’s worth the same amount of time to sell you on a $5k coaching program.
And that’s my long, technical, answer to your question.. “Is Profit Masters a Scam?”
And all her TV performances on her website are staged. None of them are real.
Now I want to show you what I mean with screenshots from the Profit Masters Academy website.
Here’s how Angela Bussio’s Profit Masters Academy sales website works..
I arrive at the homepage and am given an immediate sense of urgency with this popup:
Clicking past that popup, I begin on the homepage, where the price isn’t listed. The only option is to provide your e-mail address and phone number where you’ll be asked to spend $197 for the program.
But I don’t want to provide my e-mail address and phone number, so I’m out of here. But wait, I can’t leave yet!
$97 dollars you say? Well that seems like a nice discount. To what do I owe the courtesy? I’m obviously the type of person who needs more information before I bite. So here it is…
I don’t know, Angela. This is more than I want to spend. In this part of the website, I discover that they are actually willing to sell me this $97 discounted product for $49.95. But still, that’s more than I want to spend so I’m out of here. Wait, another discount?
But I thought the “normal” price was $197? Now you’re saying the normal price is $149? Either way, I’ll stay.. $29.95 seems like a good deal for a $197 or a $149 program.
But alas, I’m not easy persuaded, so I think I better give this some thought. I’m leaving for now.
Seriously? Now you’re offering me this $197 or $149 program for $9.95? It seems to me like maybe $9.95 is the “normal” price. Why do you want me to purchase this program so badly?
How can it be worth it for you to sell me a $197 program for 1/20th the price?
The answer is because Angela couldn’t care less about the income from this program. Angela doesn’t care how much she sells this intangible digital product to you for because she mostly cares about the permission it gives her to sell you much more expensive products.
Please discuss this article in the comments section below. I’d love to hear from folks who have paid for Angela Bussio’s Profit Master Academy. Am I on point with the information I provided in this article? Please share your experiences with the Profit Master Academy.
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