In July of 2010 Anik Singal and Saj P released Clickbank Wealth Formula which promised to show people how to make giant incomes online by learning affiliate marketing.
This is the basic formula :
Choose one of the thousands of Clickbank products. Funnel folk to a destination page where they subscribe, then send e-mails that promote offers to customers
It all sounded far too easy, CWF was not what it guaranteed to be, there were many grumbles which was withdrawn. Many gullible people dropped for all the hype because the product was well promoted beforehand but when it was launched it did not live up to expectancies.
Sadly many individuals who acquired Clickbank Wealth Formula lost their cash if they did not ask for a repayment. Clickbank is very good at giving refunds inside sixty days, but people had spent a massive period of time and extra cash attempting to implement this program, which they could never get back. Because this poor-quality product disappointed so many new entrants to web marketing they were so disgusted they gave up on affiliate marketing and never tried again.
It's not only the unlucky customers who suffer when they buy poor-quality products like Clickbank Wealth Formula. Many respected affiliates and partnership partners lose their reputations and can suffer financially by accidentally promoting such bad products. They also lose a lot of cash and time because to plug a product they write content, reviews and quite often compile their own bonuses that go 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' reps. They advocated something that was useless. Simply by marketing it their reputation goes south with the lousy product.
Who is Anik Singal the Originator of Clickbank Wealth Formula?
Mr.Singal had a good rep 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 perhaps Affiliate Classroom which was a course that many affiliates took on the web. Affiliate Classroom taught noobies to affiliate marketing the fundamentals, all the way up to the process of implementing search engine optimisation, understanding how to track pay-per-click advertising, right through to knowing the best way to optimize conversions so they could see high 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 folk even today that he's made $16 million online in the affiliate promotion world and that includes offering teaching and training to others so they too 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 couple of those reviews :
"I bought Clickbank Wealth Formula and I've been taking a look at it. The product appears to be O.K as Anik shows the methods by which he makes money. What makes me mad is it doesn't live up to any of the claims in the sales letters and there's plenty of mis-truths, the sales hype tells you things that are not delivered in the software."
"After all of the hype I am unsatisfied with Clickbank Wealth Formula it is not what I expected. The standard of the coaching videos is horrible and pathetic. They should have included more examples and some templates. He rattles on about the importance of capture pages but shows no examples. If he'd done that I suspect this programme would be a load more valuable. If you want to give it a go, beware. The product is a giant letdown after all of the build up."
"I just got CBW and I am really going to be asking for my money back. I'm new to affiliate promotion and I was expecting to be shown the correct way to create a profitable website, that is what the sales letter announced. That sales letter said it would show you everything but when you get into the program they tell you they don't go to show you any of the technical stuff and I haven't got the money to spend having someone else do it for me which is what they suggest. I do not even know where to find the best folk to outsource to!".
"I just bought Clickbank Wealth Formula. I wanted to give it top marks because of Anik's reputation. I doubt if I could get above giving it 1 star. The videos are terrible top quality and so little you can hardly see anything in them and also the sound levels change all of the time from video to video. I do not even feel that Anik created these videos himself as they're all sorts of individuals teaching the various sections."
Clickbank Wealth Formula - a Summary
Items such as CBW appear on the web all of the time, they're hyped-up, released, talked about for some weeks after which they disappear and this is exactly what this has carried out. 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 cash. 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 folk to a destination page where they subscribe, then send e-mails that promote offers to customers
It all sounded far too easy, CWF was not what it guaranteed to be, there were many grumbles which was withdrawn. Many gullible people dropped for all the hype because the product was well promoted beforehand but when it was launched it did not live up to expectancies.
Sadly many individuals who acquired Clickbank Wealth Formula lost their cash if they did not ask for a repayment. Clickbank is very good at giving refunds inside sixty days, but people had spent a massive period of time and extra cash attempting to implement this program, which they could never get back. Because this poor-quality product disappointed so many new entrants to web marketing they were so disgusted they gave up on affiliate marketing and never tried again.
It's not only the unlucky customers who suffer when they buy poor-quality products like Clickbank Wealth Formula. Many respected affiliates and partnership partners lose their reputations and can suffer financially by accidentally promoting such bad products. They also lose a lot of cash and time because to plug a product they write content, reviews and quite often compile their own bonuses that go 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' reps. They advocated something that was useless. Simply by marketing it their reputation goes south with the lousy product.
Who is Anik Singal the Originator of Clickbank Wealth Formula?
Mr.Singal had a good rep 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 perhaps Affiliate Classroom which was a course that many affiliates took on the web. Affiliate Classroom taught noobies to affiliate marketing the fundamentals, all the way up to the process of implementing search engine optimisation, understanding how to track pay-per-click advertising, right through to knowing the best way to optimize conversions so they could see high 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 folk even today that he's made $16 million online in the affiliate promotion world and that includes offering teaching and training to others so they too 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 couple of those reviews :
"I bought Clickbank Wealth Formula and I've been taking a look at it. The product appears to be O.K as Anik shows the methods by which he makes money. What makes me mad is it doesn't live up to any of the claims in the sales letters and there's plenty of mis-truths, the sales hype tells you things that are not delivered in the software."
"After all of the hype I am unsatisfied with Clickbank Wealth Formula it is not what I expected. The standard of the coaching videos is horrible and pathetic. They should have included more examples and some templates. He rattles on about the importance of capture pages but shows no examples. If he'd done that I suspect this programme would be a load more valuable. If you want to give it a go, beware. The product is a giant letdown after all of the build up."
"I just got CBW and I am really going to be asking for my money back. I'm new to affiliate promotion and I was expecting to be shown the correct way to create a profitable website, that is what the sales letter announced. That sales letter said it would show you everything but when you get into the program they tell you they don't go to show you any of the technical stuff and I haven't got the money to spend having someone else do it for me which is what they suggest. I do not even know where to find the best folk to outsource to!".
"I just bought Clickbank Wealth Formula. I wanted to give it top marks because of Anik's reputation. I doubt if I could get above giving it 1 star. The videos are terrible top quality and so little you can hardly see anything in them and also the sound levels change all of the time from video to video. I do not even feel that Anik created these videos himself as they're all sorts of individuals teaching the various sections."
Clickbank Wealth Formula - a Summary
Items such as CBW appear on the web all of the time, they're hyped-up, released, talked about for some weeks after which they disappear and this is exactly what this has carried out. 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 cash. Even the domain name has disappeared. Let's hope they get the next one right!
About the Author:
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