In July of 2010 Anik Singal and Saj P released Clickbank Wealth Formula which promised to show people the correct way to make huge incomes online by learning affiliate internet marketing.
This is the basic formula :
Select one of the thousands of Clickbank products Funnel folk to a lander where they subscribe Send emails that plug offers to customers
It all sounded far too simple, CWF was not what it guaranteed to be, there were a lot of beefs and it was withdrawn. Many gullible folks fell for all of the hype as the product was well promoted beforehand but when it was launched it didn't measure up to expectations.
Unfortunately many individuals who purchased Clickbank Wealth Formula lost their money if they did not ask for a reimbursement. Clickbank is excellent at giving kickbacks within sixty days, but people spent a gigantic amount of time and further cash making an attempt to implement this program, which they could never get back. Because this poor-quality product disappointed so many newbies to web marketing they were so revolted they gave up on affiliate marketing and never tried again.
It's not just the unlucky purchasers who suffer when they buy poor-quality products such as Clickbank Wealth Formula. Many respected affiliates and collaboration partners lose their reps and can suffer financially by accidentally promoting such bad products. They also lose plenty of time and money because to promote 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 marketer in these circumstances to lose face, their subscribers who trusted their judgment become dubious about these affiliate marketers' reputations. They endorsed something that was worthless. By marketing it their reputation goes south together with the lousy product.
Who is Anik Singal the Originator of Clickbank Wealth Formula?
Mr.Singal had a solid reputation up to the point at which Clickbank Wealth Formula was released, and had released many successful products to the marketplace. His best-known product is maybe Affiliate Lecture room which was a course that many affiliate marketers took online . Associate Lecture room taught newcomers to affiliate marketing the fundamentals, all of the way up to the method of implementing SEO, understanding the best way to track PPC advertising, right thru 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 is always fast to tell people even today that he is made $16 million online within the affiliate marketing world and that includes offering teaching and coaching to others so they also could make cash on the web. There were hundreds of negative reviews about Clickbank Wealth Formula. This appeared wholly out of personality for Anik. Here are a few of those reviews :
"I purchased Clickbank Wealth Formula and I've been having a look at it. The product appears okay as Anik shows the strategies by which he earns money. What makes me mad is it does not measure up to any of the claims in the sales letters and there's plenty of mistruths, the marketing pitch tells you things that are not delivered in the software."
"After all of the hype I am unsatisfied with Clickbank Wealth Formula it isn't what I expected. 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 think this programme would be a load more valuable. If you'd like to try it, beware. The product is a huge letdown after all of the build up."
"I just got CBW and I'm really going to be asking for my cash back. I'm new to affiliate promotion and I expected to be shown the correct way to create a profit-making website, that's what the advertising letter announced. That sales 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 splash 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 bought Clickbank Wealth Formula. I wanted to give it best marks simply because of Anik's reputation. I doubt if I could get above giving it one star. The videos are terrible quality and so modest you can hardly see anything in them as well as the sound levels alter 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 men and women teaching the different sections."
Clickbank Wealth Formula - a Summary
Items like CBW appear on the net all of the time, they're hyped-up, released, talked about for some weeks and then they disappear and this really is exactly what this has carried out. 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 money. Even the domain name has disappeared. Let's hope they get the next one correct!
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