In July of 2010 Anik Singal and Saj P released Clickbank Wealth Formula which promised to show folk the simple way to make giant incomes online by learning affiliate marketing.
This is the basic formula :
Choose one of the thousands of Clickbank products. Funnel folks to a landing page where they subscribe, then send emails that promote offers to subscribers
It all sounded far too simple, CWF was not what it guaranteed to be, there were a lot of complaints which was withdrawn. Many gullible folks dropped for all the hype because the product was well promoted beforehand but when it was launched it didn't live up to expectancies.
Unfortunately many of us who acquired Clickbank Wealth Formula lost their cash if they didn't ask for a refund. Clickbank is excellent at giving refunds within 60 days, but folk spent an enormous amount of time and further money making an attempt to implement this program, which they could never get back. Because this poor-quality product disappointed so many newcomers to web marketing they were so offended they gave up on affiliate internet marketing and never tried again.
It's not simply 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 reps and can suffer financially by unwittingly promoting such bad products. They also lose lots of time and cash because to plug a product they write content, reviews and very 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 endorsed something that was pointless. By marketing it their reputation goes south along with the pathetic 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 probably Associate Lecture room which was a course that many affiliate marketers took on the web. Affiliate School room taught noobies to affiliate marketing the fundamentals, all the way up to the method of implementing SEO, knowing the best way to track pay-per-click advertising, right thru to knowing the best way 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's always quick to inform folk 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 internet. 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 bought 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 makes money. What makes me insane is it does not measure up to any of the claims in the sales letters and there's plenty of mis-truths, the promotional hype tells you things that aren't delivered in the software."
"After all the hype I'm disappointed with Clickbank Wealth Formula it's not what I expected. The standard of the coaching videos is awful and bungled. They should have included more examples and some templates. He rattles on about the importance of squeeze pages but shows no examples. If he'd done that I believe this programme would have been a lot more valuable. If you want to try it yourself, beware. The product is a huge letdown after all of the build up."
"I just got CBW and I'm definitely going to be asking for my cash back. I am new to affiliate marketing and I was expecting to be shown the simplest way to make a profit-making website, that's what the marketing letter declared. That advertising letter 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 technical stuff and I haven't got the cash to spend having someone else do it for me which is what they suggest. I don't 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 simply because of Anik's reputation. I doubt if I could get above giving it 1 star. The videos are terrible high quality and so tiny you could hardly see anything in them and the sound levels alter all of the time from video to video. I don't even believe that Anik produced these videos himself as they're all sorts of people teaching the various sections."
Clickbank Wealth Formula - a Summary
Products for example CBW appear on the web all of the time, they're hyped-up, released, talked about for a few weeks after which they disappear and this really is specifically what this has accomplished. Saj and Anik were 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 right!
This is the basic formula :
Choose one of the thousands of Clickbank products. Funnel folks to a landing page where they subscribe, then send emails that promote offers to subscribers
It all sounded far too simple, CWF was not what it guaranteed to be, there were a lot of complaints which was withdrawn. Many gullible folks dropped for all the hype because the product was well promoted beforehand but when it was launched it didn't live up to expectancies.
Unfortunately many of us who acquired Clickbank Wealth Formula lost their cash if they didn't ask for a refund. Clickbank is excellent at giving refunds within 60 days, but folk spent an enormous amount of time and further money making an attempt to implement this program, which they could never get back. Because this poor-quality product disappointed so many newcomers to web marketing they were so offended they gave up on affiliate internet marketing and never tried again.
It's not simply 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 reps and can suffer financially by unwittingly promoting such bad products. They also lose lots of time and cash because to plug a product they write content, reviews and very 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 endorsed something that was pointless. By marketing it their reputation goes south along with the pathetic 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 probably Associate Lecture room which was a course that many affiliate marketers took on the web. Affiliate School room taught noobies to affiliate marketing the fundamentals, all the way up to the method of implementing SEO, knowing the best way to track pay-per-click advertising, right thru to knowing the best way 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's always quick to inform folk 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 internet. 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 bought 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 makes money. What makes me insane is it does not measure up to any of the claims in the sales letters and there's plenty of mis-truths, the promotional hype tells you things that aren't delivered in the software."
"After all the hype I'm disappointed with Clickbank Wealth Formula it's not what I expected. The standard of the coaching videos is awful and bungled. They should have included more examples and some templates. He rattles on about the importance of squeeze pages but shows no examples. If he'd done that I believe this programme would have been a lot more valuable. If you want to try it yourself, beware. The product is a huge letdown after all of the build up."
"I just got CBW and I'm definitely going to be asking for my cash back. I am new to affiliate marketing and I was expecting to be shown the simplest way to make a profit-making website, that's what the marketing letter declared. That advertising letter 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 technical stuff and I haven't got the cash to spend having someone else do it for me which is what they suggest. I don't 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 simply because of Anik's reputation. I doubt if I could get above giving it 1 star. The videos are terrible high quality and so tiny you could hardly see anything in them and the sound levels alter all of the time from video to video. I don't even believe that Anik produced these videos himself as they're all sorts of people teaching the various sections."
Clickbank Wealth Formula - a Summary
Products for example CBW appear on the web all of the time, they're hyped-up, released, talked about for a few weeks after which they disappear and this really is specifically what this has accomplished. Saj and Anik were 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 right!
About the Author:
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