In July of 2010 Anik Singal and Saj P released Clickbank Wealth Formula which guaranteed to show folks 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 lander where they subscribe, then send emails that push offers to subscribers
It all sounded far too simple, CWF was not what it promised to be, there were many grumbles and that was withdrawn. Many unsuspecting folks dropped for all the hype because the product was well promoted beforehand but when it was launched it did not measure up to expectancies.
Sadly many people who bought Clickbank Wealth Formula lost their cash if they did not ask for a refund. Clickbank is very good at giving refunds within sixty days, but folk spent a gigantic amount of time and extra money attempting 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 marketing and never tried again.
It’s not simply the unlucky buyers who suffer when they buy poor-quality products such as Clickbank Wealth Formula. Many respected affiliates and joint venture partners lose their reputations and can suffer financially by accidentally promoting such bad products. They too lose lots of time and money because to push a product they write content, reviews and fairly 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 subscribers who trusted their judgment become dubious about these affiliate marketers‘ reputations. They endorsed something that was pointless. 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 reputation up to the point at which Clickbank Wealth Formula was released, and had released many successful products to the market. His best-known product is perhaps Affiliate Classroom which was a course that many affiliate marketers took online . Affiliate Classroom taught newcomers to internet marketing the fundamentals, all of the way up to the method of implementing search engine optimisation, understanding how to track pay-per-click advertising, right through to understanding how to optimize conversions so they could see serious 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 folks even today that he is made $16 million online in the affiliate promotion world and that of course includes offering teaching and training to others so they also could make money on the internet. There were hundreds of bad reviews about Clickbank Wealth Formula. This seemed wholly out of character for Anik. Here are a couple of those reviews :
„I acquired Clickbank Wealth Formula and I have been having a look at it. The product seems to be O.K as Anik shows the techniques by which he earns cash. What makes me crazy is it does not 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 aren’t delivered in the software.“
„After all the hype I am disappointed with Clickbank Wealth Formula it is not what I expected. The quality of the coaching videos is terrible 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 suspect this programme would’ve been more valuable. If you want to give it a go, beware. The product is a huge letdown after all the build up.“
„I just got CBW and I’m definitely going to be asking for my money back. I’m new to affiliate marketing and I expected to be shown the simplest way to make a lucrative website, that’s what the advertising letter said. That sales 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 complicated 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 folks to outsource to!“.
„I just bought Clickbank Wealth Formula. I wanted to give it best marks since of Anik’s reputation. I doubt if I could get above giving it one star. The videos are terrible top quality and so little you could hardly see anything in them and also the sound levels change all the time from video to video. I don’t even think that Anik made these videos himself as they’re all sorts of folks teaching the various sections.“
Clickbank Wealth Formula – a Summary
Products such as CBW appear online all of the time, they’re hyped-up, released, talked about for some weeks after which they disappear and this really is specifically what this has done. 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 income. Even the domain name has disappeared. Let’s hope they get the next 1 proper!
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