When I use the term “products” what I am referring to are internet related income making products which usually include e books, member areas, JV partnerships, affiliate marketing, DVDs, videos, systems etc.
The answer to the question whether there are any products that make you money is yes BUT they are few and far between.
Yes there are some products that really do make you money, but the majority are over hyped sales ideas with no real substance.
You’ve probably heard of the more notorious ones such as “The Rich Jerk” and the “Paid surveys” sites. Avoid those kind of sites like the plague and save your hard earned cash!
As I have mentioned before, I wasted more than $2000 on products with promises, guarantees but no financial return. Don’t get me wrong. I did make some money with some products and could have put more effort into it but the process ultimately centered around creating mailing lists and promoting affiliate products to them (disguised as friendly help you tips emails). What a way to completely lose your integrity!
Here is just an example of one of the ones I really got stung on:
Gary Jezorski “Currency Exchange Profits”
Here i paid $197 for a system which tells you that you can make a constant stream of income every month by joining a digital currency exchange (DXinOne). DX in one is a genuine online company but when it comes to making money with his methods………forget it. I don’t want to veer off course by giving you all the details but if you are really interested, please leave me a comment and I can tell you more.
The saddest part of this product was that it was recommended by Mark Hodges from his website www.dont-get-scammed.com. What’s so sad is his site poses as being a “special report” site that helps you not to fall for the scams. But really the objective is to direct you to buy some affiliated products he recommends that “work” and profit from your trusting nature. Again, be aware of so called “Don’t get scammed” reports.
After failing on numerous occasions, I actually ended up becoming very smart and did a lot of research. I found out about the internet marketing “elite” and that a handful of people made the majority of money online. That is the Pareto rule 80/20: Twenty percent of internet marketeers make Eighty percent of the money.
So some of these guys are really making six figure incomes and some even millions. Of course there are lots and lots of struggling people at the bottom of the pile making $10 per month if lucky!
So what else did I find out?
I will continue tomorrow!