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I was invited by email to this “new” system that claims you can earn $5,000 per day. Of course, when I see headlines like these my scam radar goes off!
Here is a copy of the actual email I received:
SUBJECT: FREE Profits Up To $5,000/Day
I’ve been making money online for a long time now. And in all of being online, I have never seen anything like this:
>>> Watch Your Private Video Here
But your door of opportunity is shutting in the next 60 minutes. Your timing is absolutely critical.
Access Your Private Link Here
Geee! $5,000 per day would make a nice monthly average, wouldn’t it? Imagine! $5000 x 30 = $150,000 per month or 1.8M per year!
Of course being in this industry myself, I decided to take a closer look at this system and give you my honest review based on my findings. If you are here today, you must also be suspicious. I would like to say that you have made a wise decision to check things out before giving them your hard-earned money.
However, before I begin, if you are tired of scams and low-quality systems that promise you some “get-rich-quick” scheme, only to find out at the end that it has no value whatsoever, you should check out my recommendation. It is the method I use to make money while sleeping. Get a starter membership absolutely FREE. No credit card required!
Name: Cash Formula
Owner: Michael Green (I have researched the search engines and could not find anywhere a “Michael Green” claiming this system as theirs, so whoever really owns this system is hiding)
Price: $37 plus multiple upsells
The sales video is approximately 25 minutes long and is typically very hyped-up like many ClickBank products I have seen before.
They do this to play with people’s emotions and mindset, to grab your attention to get you to click on the “get started now” button and purchase their system. Unfortunately, this works more often than not. I reviewed a lot of systems like this one and they all do this.
They start by saying that you have discovered a “gold mine” and that you are on your way to make bucket loads of money:
And of course, this is a “done for you free money system”. The Narrator says that it’s a done-for-you monetary system and it has created 52 new Millionaires.
He also claims that you could possibly make up-to $5,000 in profit in the next 24 hours and possibly make you $100,000 in the next 30 days in just a few hours of work.
All of this is supposedly is a secret loophole discovered by a group of Ukrainian coders!!
I had a good laugh when that came up!!
Another common thing about “these kinds of systems” is their FAKE testimonies. In this sales video, he(they) use numerous testimonials to say that their system has made them a lot of money without any efforts on their part.
Here are a few of the “testimonies”:
Here is a lady saying that working with “Michael” has been the best thing she has ever done and that it’s the holy grail.
As you can see, she’s a hired actress. She offers her acting services to anyone who wants to pay her fees. And it’s not the first time I see her in a sales video. She was featured in another program I reviewed called Ecom Cash Crusher not so long ago.
Here is another. This guy says that he’s Norman Bates from New Jersey and that he has previously tried 14 other Internet system and never made a single cent, but with “Michael’s” system he made $584 in just 2 hours!
Well, I don’t believe him!
He’s just another Fiverr actor (with the same clothes on) and I have seen him before as well, in my Instant Payday Trick review.
And my last example is a lady that is thanking “Michael” for inviting her into The Cash Formula program. She claims that it has made thing very easy to power up her own online affiliate business and that she has made $591.78 in just 10 minutes!
Again a Fiverr actress that was also featured in another one of my review for a system called AD Formula.
There are plenty more “testimonials”, but they are all fake, all done by actors. If this system was such a great deal, why would they bother hiring actors, they should get testimonies from real users!
My guess is that they have to do that because no one’s actually used the system or it’s just worthless and no one wants to give them a testimony. Your guess is as good as mine here.
Oh, and by the way, Michael Green that we see in the video, well he’s FAKE too:
I found the “stock image” of “Michael” on freepick !!!
There you have it, folks, the real owner is hiding behind a stock photo!
I also have to point out that there is nothing anywhere in the sales video that explains what is the Cash Formula system. Again, this is typical of these kinds of sales video and products. They hype everything up so that you end up buying some kind of “empty promise”. If you don’t buy, you don’t know what it is!
But what is Cash Formula anyway?
OK, so we’ve established that we have a fake owner and fake testimonies. We did not talk about the money-making claims yet, but let’s see what this system really is before we can determine if making $5,000 per day is possible.
When you purchase the Cash Formula for $37, you will be hit with numerous upsells right away. The first is $197, then there is a down sell to that first one to $97. And then once again another upsell for $297. I don’t know exactly what those are but these are the prices for the three of them.
So, for the average person who has been hypnotized by the sales video and is willing to take out his(her) credit card out of their pocket, it can come up to over $500 for the whole package.
Let’s see what you get for $37.
To no surprise, it’s NOT some big “secret loophole discovered by a group of Ukrainian coders!!”
It’s becoming an Amazon Affiliate! That’s it!
It’s a system that shows you how to create an Amazon affiliate store(s), that you will put Amazon products in and sell online.
Right away, before you start, they give you a list of “Tools” that you will need in order to create your online store and “generate profits”.
1. Siteground a web hosting company. This will cost you between $4 and $12 a month. It is, however, a good hosting company.
2. KWFinder a keyword research tool. This will cost you between $30 and $80 per month, depending on the package you choose.
3. EasyAzon a WordPress plugin. It’s a tool for adding and managing affiliate links. This one will cost you between $47 and $67 per month.
4. JungleScout is a product research tool as a chrome extension or a web app to help you find products to sell on Amazon. It is a good product! It will set you back between $97 and $197 per year.
5. Quuu is a system to share your content through their network of people who share their content. It’s a way to get some traffic by sharing your content with others that do the same. This platform will cost you between $40 and $150 per month.
All these systems/products are very good and will help you scale an online business.
What I resent here is that the fact that isn’t the Cash Formula an all-done-for-you system that you could generate a profit in just hours, even minutes like their testimonies said? Then why would you have to get all these “EXTRAS” that will cost upwards to $400-$500 per month?
It goes to show how misleading their sales video really is!!!
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What you get for $37
You will get a WordPress Theme to create your WordPress website (Once you have paid for your hosting provider, they suggest SiteGround, but there are others).
Then you also get access to 8 short “Tutorial Videos” on how to set up your Amazon Store. I noticed that they are dated back in March 2018, so most probably these are rehashed from another product that was sold back then.
You also get some PDF documents or e-books
The first one is called the Training Guide, which will give you a general overview of the techniques to boost affiliate marketing profits through Amazon.
Then there is The Amazon Affiliate Essentials:
The Amazon Affiliate Blueprint:
I knew I had seen this one before so I did a little research and look what I have found:
This one is sold on Amazon for a couple of bucks! It’s just a copy of someone else’s work sold to you through their system!!
And this “Fulfillment by Amazon Guide”:
I did some research on Amazon and found multiple copies of the same subject on Amazon sold between $0.95 and $3.00
This is it my friends!
8 short videos, a WordPress theme, and rehashed PDFs, all of this for $37.
This is not the all done for you system that they were telling you would have in their sales video, isn’t it?
PROS and CONS
It’s a ClickBank product, so if you are not satisfied with your purchase you can get your money back within 60 days.
$37 is relatively cheap and you do get “some” product.
It’s very misleading! They tell you one thing on their sales video, but you end up with some videos and PDFs!
Unrealistic and Hyped up money claims from the video and the testimonies.
The Testimonies are FAKE, being presented by actors.
The owner(s) is hiding behind a stock image, so the owner presented here is also FAKE
Making believe that the system is only offered to 7 individuals
Nothing on what kind of traffic source to get to your store.
I could go on, but you get the idea…
Making money online with Amazon is real. The methods they show here are also real.
What is NOT real is the unrealistic and very hyped up way to sell some PDFs and a bunch of videos.
In no way, this is a secret method. It’s just a tactic to get your hard-earned money fast!
And I can tell you right now that you will NOT make the kind of money they are claiming you will make with this $37 system. It is just not possible. It doesn’t work that way!
An Amazon affiliate has to create quality content on their website that helps others find what they are looking for, and when they search for it, they are sent to some kind of review and then if they click on the affiliate link, and buys the product, you get a commission from Amazon.
In order to make $5000 per day in profit, at the going affiliate commission rate from Amazon being approximately 4-5% you would have to sell $100,000 of products per day! I am not saying it’s impossible to do it, some very established Amazon affiliates probably make more than that.
But you will NOT be making that kind of money with a few videos and PDFs.
Now, the question on everyone’s mind: Is Cash Formula a scam?
Well no, it’s not a scam. You do get something for the money you pay.
It’s what I call a VERY-LOW-QUALITY-SYSTEM
If you want to start an Amazon Affiliate business, I have an alternative that will work.
Or any kind of online business for that manner. I have been using a platform for the past 3 years that has training, website hosting and help when you need it 24/7.
And I also have to add that it’s definitely NOT a get-rich-quick scheme. You have to work for it!
If you are ready to put in consistent work, effort and create quality content, then you will be able to scale your online business and create yourself a passive income!
The great thing about this platform is that there is NOTHING to pay up front.
You can become a Free starter member and get 2 free websites hosted on the platform and the training to get them online and ready to start making money.
When starting an Online business you need three things: Education, a Website and Expert Help.
Sign-up for a free Starter account today and get instant access to ALL THREE essential elements to start your online business (and my personal support)!
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