In July of 2010 Anik Singal and Saj P released Clickbank Wealth Formula which guaranteed to show people the simple way to make enormous incomes online by learning affiliate marketing.
This is the basic formula :
Select one of the thousands of Clickbank products. Funnel people to a landing page where they subscribe, then send e-mails that promote offers to customers
It all sounded far too simple, CWF wasn't what it guaranteed to be, there were plenty of beefs and that was withdrawn. Many credulous folk slid for all the hype as the product was well promoted beforehand but when it was launched it did not measure up to expectancies.
Unfortunately many individuals who purchased Clickbank Wealth Formula lost their cash if they didn't ask for a repayment. Clickbank is very good at giving refunds within 60 days, but people spent an enormous period of time and additional money trying to implement this programme, which they could never get back. Because this poor-quality product disappointed so many newbies to web marketing they were so offended they gave up on affiliate marketing and never attempted again.
It's not just the unlucky customers who suffer when they buy poor-quality products like 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 lots of time and cash because to plug a product they write content, reviews and quite 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 recommended something that was useless. By promoting 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 maybe Affiliate Study room which was a course that many affiliates took online . Associate Lecture room 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 how to optimize 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 inform people even today that he's made $16 million online within the affiliate promotion world and that of course includes offering teaching and training to others so they also could make cash on the web. There were masses of negative reviews about Clickbank Wealth Formula. This looked completely out of character for Anik. Here are a few of those reviews :
"I acquired Clickbank Wealth Formula and I have been looking at it. The product seems to be okay as Anik shows the methods by which he earns money. What makes me insane is it does not measure up to any of the claims in the sales letters and there is a ton of mis-truths, the promotional hype tells you things that aren't delivered in the software."
"After all of the hype I am disappointed with Clickbank Wealth Formula it isn't what I expected. The standard of the training videos is awful and amateurish. They should have included more examples and some templates. He rattles on about the seriousness of capture pages but shows no examples. If he'd done that I think this program would have been more valuable. If you'd like to try it, beware. The product is a giant letdown after all the build up."
"I just got CBW and I am really going to be asking for my cash back. I'm new to internet marketing and I was expecting to be shown the correct way to create a profit-making website, that's what the marketing letter announced. That advertising letter also said it might show you everything but when you get into the programme they tell you they're not going to show you any of the complicated stuff and I don't have the money 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 people to outsource to!".
"I just purchased Clickbank Wealth Formula. I wanted to give it top marks because of Anik's reputation. I doubt if I could get above giving it one star. The videos are terrible top quality and so modest you can hardly see anything in them and also the sound levels alter all of the time from video to video. I do not even believe that Anik made these videos himself as they're all sorts of men and women teaching the various sections."
Clickbank Wealth Formula - a Summary
Products such as CBW appear on the web all the time, they're hyped-up, released, talked about for a couple of weeks after which they disappear and this is exactly what this has carried out. Saj and Anik had been barraged with negative critiques 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!
This is the basic formula :
Select one of the thousands of Clickbank products. Funnel people to a landing page where they subscribe, then send e-mails that promote offers to customers
It all sounded far too simple, CWF wasn't what it guaranteed to be, there were plenty of beefs and that was withdrawn. Many credulous folk slid for all the hype as the product was well promoted beforehand but when it was launched it did not measure up to expectancies.
Unfortunately many individuals who purchased Clickbank Wealth Formula lost their cash if they didn't ask for a repayment. Clickbank is very good at giving refunds within 60 days, but people spent an enormous period of time and additional money trying to implement this programme, which they could never get back. Because this poor-quality product disappointed so many newbies to web marketing they were so offended they gave up on affiliate marketing and never attempted again.
It's not just the unlucky customers who suffer when they buy poor-quality products like 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 lots of time and cash because to plug a product they write content, reviews and quite 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 recommended something that was useless. By promoting 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 maybe Affiliate Study room which was a course that many affiliates took online . Associate Lecture room 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 how to optimize 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 inform people even today that he's made $16 million online within the affiliate promotion world and that of course includes offering teaching and training to others so they also could make cash on the web. There were masses of negative reviews about Clickbank Wealth Formula. This looked completely out of character for Anik. Here are a few of those reviews :
"I acquired Clickbank Wealth Formula and I have been looking at it. The product seems to be okay as Anik shows the methods by which he earns money. What makes me insane is it does not measure up to any of the claims in the sales letters and there is a ton of mis-truths, the promotional hype tells you things that aren't delivered in the software."
"After all of the hype I am disappointed with Clickbank Wealth Formula it isn't what I expected. The standard of the training videos is awful and amateurish. They should have included more examples and some templates. He rattles on about the seriousness of capture pages but shows no examples. If he'd done that I think this program would have been more valuable. If you'd like to try it, beware. The product is a giant letdown after all the build up."
"I just got CBW and I am really going to be asking for my cash back. I'm new to internet marketing and I was expecting to be shown the correct way to create a profit-making website, that's what the marketing letter announced. That advertising letter also said it might show you everything but when you get into the programme they tell you they're not going to show you any of the complicated stuff and I don't have the money 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 people to outsource to!".
"I just purchased Clickbank Wealth Formula. I wanted to give it top marks because of Anik's reputation. I doubt if I could get above giving it one star. The videos are terrible top quality and so modest you can hardly see anything in them and also the sound levels alter all of the time from video to video. I do not even believe that Anik made these videos himself as they're all sorts of men and women teaching the various sections."
Clickbank Wealth Formula - a Summary
Products such as CBW appear on the web all the time, they're hyped-up, released, talked about for a couple of weeks after which they disappear and this is exactly what this has carried out. Saj and Anik had been barraged with negative critiques 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!
About the Author:
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