Can you copy-paste your way to success…
By using 5 Minute Money Methods?
You might have learned about this product from an email.
And wondering whether it could really bring you passive recurring income.
With just 5 minutes of simple work!
If you ask me, I think it’s way too unreal.
Coz’ if it were true, I’ll be the first one to try the system.
And that I’m wealthy by now.
Proudly testifying to the awesomeness of this product.
But let’s get real…
I know EXACTLY what this program is all about.
And I can assure you, the claims are next to impossible.
I’m not saying that this method doesn’t work at all.
It’s a matter of getting your expectations right as you buy this product.
Which I’ll gladly detail in this review.
Name: 5 Minute Money Machines
Founders: Vicky & Mark Barrett
Price: $6.95 + Upsells
Verdict: Fair, But With a Couple of Problems
What is 5 Minute Money Machines All About?
5 Minute Money Machines is a WarriorPlus product.
Created by two marketers: Vicky & Mark Barrett.
They’re two very successful people who’s making a lot of money online.
No question about that.
And they do it via affiliate marketing and through launching products (like 5MMM).
Well, I suppose they’ve also set up some recurring revenue sources.
Or else they won’t be teaching this method.
Now, I scanned the entire sales page.
And something caught my eye.
These income proofs of 5 Minute Money Methods look very familiar.
It’s exactly the same as this:
It’s my own income proof of the same website.
Which comes from Wealthy Affiliate‘s affiliate program.
You see, WA is a membership site about running an online business thru affiliate marketing.
The founders, Kyle & Carson, have provided a ‘specialized training’ on referring new people.
Called the Affiliate Bootcamp.
And it comes with a personal dashboard, where you can get your ‘affiliate link’ for promoting WA.
In short, 5 Minute Money Methods is all about sending people to Wealthy Affiliate.
Hoping that some of them will upgrade to Premium membership.
Which is where you’ll make recurring income.
How Do You Get Leads to WA?
Inside 5MMM, Mark Barrett provided a traffic training that’s easy to implement.
It’s a paid traffic method called Solo Ads.
Mark recommends a site called Udimi to buy solo ad traffic.
Traffic that you can send to the Wealthy Affiliate homepage (via your affiliate link).
In case you don’t know, buying solo ads is the act of ‘renting’ other people’s large email lists.
You and the solo ad seller will first agree on a set number of clicks.
Then you’ll pay him with an upfront fee (say $35 for 100 clicks).
After the vendor gets your money, he’ll send an email to a portion of his list (which contains your link).
This is done until the desired number of clicks is reached.
Now, the best practice for buying solo ads is to send the traffic to an email capture page.
This is so you can mail your leads over and over if they don’t join Wealthy Affiliate on first contact.
It’s a neat strategy.
But does it mean 5 Minute Money Methods will work?
The thing is, I can’t trust the income proofs that much.
Who knows if the commissions made produced negative profit…
No one knows for sure.
How Much For The Training Course?
5 Minute Money Methods is very affordable.
It only costs $6.95 one-time (no price increase).
And you’ll grab a hold of this method to start making it work for you.
But you may be wondering, “Are there any upsells?”
The unfortunate answer is YES.
It comes with 3 upsells in the back-end (with 2 of them having downsells).
The first upsell is a training about advanced free and cheap traffic strategies, which costs $37 (downsell $27).
The second upsell is a full, comprehensive Done-For-You package, which costs $47 (downsell $37).
While the third and last upsell is a weekly Live Masterclass Series, which you can try for $4.95, then pay $67 per month if you like the training.
But hey, no worries.
Coz’ I don’t recommend any upsell at all!
The main product and method MUST work if it’s really legit.
If not, you’re probably using crap.
Verdict: My Concerns With This Business Model
Before I go ranting, lemme say that 5 Minute Money Methods is NOT a scam.
It has a hands-on training for setting up the entire method.
And the method could actually work.
However, I can’t confidently recommend it either.
I. Claims Are So Surreal (Especially If You’re New)
I know the WA program very well.
Without a doubt, it’s possible to make thousands of recurring income per month.
Also, solo ads is an easy way to drive leads to the WA homepage.
After the initial setup (i.e. building a capture page, grabbing an affiliate link, finding legit vendors, creating a swipe), buying solo ad traffic can take as little as 5 minutes.
But let’s face it: How many of you can pull the entire thing off?
Not to mention, you might run out of budget and not make your investment back.
This leads me to the next two problems.
II. Bootcampers HUSTLE For Referrals
Are you aware of the number of affiliates whose blogs are entirely focused on promoting Wealthy Affiliate?
Thousands of affiliates in WA are promoting the program to recruit new members.
This means you’re facing fierce competition when getting referrals.
In fact, it’s so strong…
That the best affiliates inside the program also leverage paid traffic to ramp up their referrals.
Why the motivation?
Because Kyle & Carson, the founders of WA, incentivize affiliates who can recruit 300 paying referrals in one year.
The reward is an all-expenses-paid trip to attend the super affiliate conference in Las Vegas to meet the founders and fellow super affiliates.
My point is, you can’t take WA’s affiliate program too lightly.
And believe that it’s a piece of cake!
III. WA Funnel is Not That Lucrative
In all honesty, WA Bootcamp is NOT a lucrative funnel to send people to.
If you’re not careful, you could easily burn your wallet.
There are many stages before getting to a reliable recurring income.
First of all, your leads will land on the WA homepage.
Second, is when they sign up for a Wealthy Affiliate account.
Third, is getting them to complete their profile inside WA (w/ picture), which merits you a measly $1 per account setup.
Now, the fourth stage is the most grueling part.
It’s when the referral decides whether to go Premium, or leave the program completely.
Which is approximately 12% conversion rate (of all Starter referrals).
In case the referral turns Premium, you’ll get an $8 commission for the first month.
$23.50 in the succeeding months that they stay.
And $170 for those who upgrade to an annual subscription.
When all is said and done, it will require HUGE numbers to ramp up your commissions.
I’m talking HUNDREDS of referrals per month!
That’s the real cost of succeeding with the 5 Minute Money Methods system.
IV. Solo Ad Traffic Sucks
Here’s the truth.
The solo ad traffic you’re getting from vendors are in DOZENS of email lists.
Imagine the number of emails bombarding these people’s email accounts every day!
To stand out, you need a GODLIKE ability to craft killer subject lines and irresistible offers.
So you could grab people’s attention.
Unfortunately, this is something most newbies never have.
End result: A suffering open rate for your emails!
Which results to an inferior conversion rate.
Think you got what it takes to succeed?
Overall, I think 5 Minute Money Methods might work.
That is, if you’re willing to spend a hefty amount of money in buying solo ads.
And you have a great strategy for following up your subscribers.
But it’s definitely going to take more than 5 minutes to pull off.
And you won’t succeed overnight!
Truth Be Told, I’m Also Promoting Wealthy Affiliate
I know so much about the WA platform because I’ve been a member for 2 years.
At first, I was only looking for a way to learn about online business.
And leverage affiliate marketing as stepping stone to make a good income online.
But let me be clear with you…
Wealthy Affiliate is not just about promoting Wealthy Affiliate.
In fact, there are TONS of students that see success in diverse niches.
Jewel Carol here, made $9,000+ in the LED light bulb niche (using paid traffic).
Dylan Rieger, on the other hand, made money using Amazon Affiliates and Youtube.
Look, I can give you hundreds more non-WA referral case studies.
But here’s the thing: Wealthy Affiliate training works in ANY niche!
So do me a favor, would you?
Why don’t you try Wealthy Affiliate for FREE now to see for yourself?
Here’s where you could read my review of it:
So, what are you thinking right now? Would you still try 5 Minute Money Methods?