In July of 2010 Anik Singal and Saj P released Clickbank Wealth Formula which promised to show folk 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 people to a landing page where they subscribe, then send emails that push offers to subscribers
It all sounded far too easy, CWF was not what it guaranteed to be, there were a lot of complaints which was withdrawn. Many gullible folk dropped for all the hype because the product was well promoted previously but when it was launched it didn't live up to expectancies.
Unfortunately many people who acquired Clickbank Wealth Formula lost their money if they didn't ask for a repayment. Clickbank is very good at giving deductions within 60 days, but folks spent a gigantic period of time and extra money attempting to implement this program, which they could never get back. Because this poor-quality product disappointed so many newcomers to online marketing they were so offended they gave up on affiliate internet marketing and never tried again.
It's not only 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 too lose lots of cash and time because to push a product they write content, reviews and very often compile their own bonuses that go along with the product. This is a sure way for any affiliate in these circumstances to lose face, their subscribers who trusted their judgment become dubious about these affiliate marketers' reputes. They advocated 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 marketplace. His best-known product is probably Affiliate Study room which was a course that many affiliate marketers took online . Affiliate School room taught noobies to affiliate marketing the basics, all of the way up to the process of implementing search engine optimisation, understanding how to track pay per click advertising, right thru to understanding how 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 is always quick to inform folk even today that he's made $16 million online within the affiliate marketing world and that of course includes offering teaching and coaching to others so they too could earn cash on the internet. There were hundreds of negative reviews about Clickbank Wealth Formula. This appeared wholly out of character for Anik. Here are a couple of those reviews :
"I acquired Clickbank Wealth Formula and I've been having a look at it. The product appears to be OK as Anik shows the methods by which he earns cash. What makes me mad is it doesn't measure up to any of the claims in the sales letters and there's plenty of mis-truths, the sales hype tells you things that aren't delivered in the software."
"After all the hype I am unhappy with Clickbank Wealth Formula it isn't what I was expecting. The standard of the coaching videos is horrible and amateurish. They should have included more examples and some templates. He rattles on about the seriousness of squeeze pages but shows no examples. If he'd done that I suspect this programme would've been a lot more valuable. If you'd like to give it a go, beware. The product is a giant letdown after all the build up."
"I just got CBW and I am going to be asking for my money back. I'm new to affiliate marketing and I was expecting to be shown the simplest way to create a lucrative website, that's what the sales letter said. That advertising letter also said it might show you everything but when you get into the program they tell you they're not going to show you any of the complex stuff and I haven't got the cash to spend having someone else do it for me which is what they suggest. I do not even know where it's possible to find the best folk to outsource to!".
"I just purchased Clickbank Wealth Formula. I wanted to give it leading marks since of Anik's reputation. I doubt if I could get above giving it one star. The videos are terrible quality and so tiny you can hardly see anything in them and the sound levels change all the time from video to video. I don't even believe that Anik made these videos himself as they're all sorts of individuals teaching the various sections."
Clickbank Wealth Formula - a Summary
Items like CBW appear online all the time, they're hyped-up, released, talked about for a few weeks and then they disappear and this really is exactly what this has accomplished. Saj and Anik were barraged with negative evaluations and requests for refunds. Thankfully they pulled it so nobody else will fall for the hype and waste their time and income. Even the domain name has disappeared. Let's hope they get the next 1 appropriate!
This is the basic formula :
Choose one of the thousands of Clickbank products. Funnel people to a landing page where they subscribe, then send emails that push offers to subscribers
It all sounded far too easy, CWF was not what it guaranteed to be, there were a lot of complaints which was withdrawn. Many gullible folk dropped for all the hype because the product was well promoted previously but when it was launched it didn't live up to expectancies.
Unfortunately many people who acquired Clickbank Wealth Formula lost their money if they didn't ask for a repayment. Clickbank is very good at giving deductions within 60 days, but folks spent a gigantic period of time and extra money attempting to implement this program, which they could never get back. Because this poor-quality product disappointed so many newcomers to online marketing they were so offended they gave up on affiliate internet marketing and never tried again.
It's not only 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 too lose lots of cash and time because to push a product they write content, reviews and very often compile their own bonuses that go along with the product. This is a sure way for any affiliate in these circumstances to lose face, their subscribers who trusted their judgment become dubious about these affiliate marketers' reputes. They advocated 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 marketplace. His best-known product is probably Affiliate Study room which was a course that many affiliate marketers took online . Affiliate School room taught noobies to affiliate marketing the basics, all of the way up to the process of implementing search engine optimisation, understanding how to track pay per click advertising, right thru to understanding how 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 is always quick to inform folk even today that he's made $16 million online within the affiliate marketing world and that of course includes offering teaching and coaching to others so they too could earn cash on the internet. There were hundreds of negative reviews about Clickbank Wealth Formula. This appeared wholly out of character for Anik. Here are a couple of those reviews :
"I acquired Clickbank Wealth Formula and I've been having a look at it. The product appears to be OK as Anik shows the methods by which he earns cash. What makes me mad is it doesn't measure up to any of the claims in the sales letters and there's plenty of mis-truths, the sales hype tells you things that aren't delivered in the software."
"After all the hype I am unhappy with Clickbank Wealth Formula it isn't what I was expecting. The standard of the coaching videos is horrible and amateurish. They should have included more examples and some templates. He rattles on about the seriousness of squeeze pages but shows no examples. If he'd done that I suspect this programme would've been a lot more valuable. If you'd like to give it a go, beware. The product is a giant letdown after all the build up."
"I just got CBW and I am going to be asking for my money back. I'm new to affiliate marketing and I was expecting to be shown the simplest way to create a lucrative website, that's what the sales letter said. That advertising letter also said it might show you everything but when you get into the program they tell you they're not going to show you any of the complex stuff and I haven't got the cash to spend having someone else do it for me which is what they suggest. I do not even know where it's possible to find the best folk to outsource to!".
"I just purchased Clickbank Wealth Formula. I wanted to give it leading marks since of Anik's reputation. I doubt if I could get above giving it one star. The videos are terrible quality and so tiny you can hardly see anything in them and the sound levels change all the time from video to video. I don't even believe that Anik made these videos himself as they're all sorts of individuals teaching the various sections."
Clickbank Wealth Formula - a Summary
Items like CBW appear online all the time, they're hyped-up, released, talked about for a few weeks and then they disappear and this really is exactly what this has accomplished. Saj and Anik were barraged with negative evaluations and requests for refunds. Thankfully they pulled it so nobody else will fall for the hype and waste their time and income. Even the domain name has disappeared. Let's hope they get the next 1 appropriate!
About the Author:
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