Is $5k Formula a Scam Or Not?

Welcome to my 5k Formula. I am glad to see you are doing your homework before you spend your hard earned money. There are so many make money products online. It is hard to know what is legit and what is not. This is why I write reviews. I want you to be able to make an informed buying decision. Let’s see if 5k Formula is worth your time and money.

But wait… If you really want to learn how to make money online check out my

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What is 5K Formula about?

This is another system created by Matthew Neer. He is very well known in the make money online niche. He has created other products such as Income League.

In the salevideo, Matthew states off by showing you the financial freedom he has by using his money-making formula. He says other marketers try to fool you with certain income claims but they don’t back it up with proof. Matthew takes you to the bank, in the sales video, where he withdraws $5000. He wants to show you that with this system you would be able to make $5,000 within a week.

You don’t have to worry about MLM, blogging, Facebook, SEO, and no selling.

5K Formula is a completely done for you system that claims you can make $5k on autopilot in 7 days. This system has everything you need to make money as an affiliate marketer. 5k Formula gives you access to a complete sales funnel.

such as:

  • Prewritten email swipes
  • Ready-made lead capture pages

It is not a complicated system. Anyone can get this up and running. This done for you system take 5 simple steps:

Step 1- Log into your account.
Step 2- Connect Your ClickBank Affiliate Link- It is free to sign up.
Step 3- Choose your traffic source.
Step 4- Point your traffic to your affiliate link.
Step 5- Get paid commissions.


Pros:

  • Low cost
  • Money back guarantee
  • plug and play
  • Traffic rotator
  • Detailed, easy to follow videos

Cons:

  • No control over the site
  • Only can use Getreponse autoresponder
  • Paid via Paypal
  • Only promotes MMO niche

What is Affiliate Marketing?

You can make money as an affiliate marketer by signing up for an affiliate program for the products you want to promote. You don’t have to pay anything to sign up to these programs.

After you sign up you pick your products and get your unique affiliate link for those products. Your job is to promote those products. Which can be done in several ways.

When someone purchases that product through clicking your affiliate link you get paid a commission.

You don’t have to worry about mailing the product, or customer service.

Many big name stores have affiliate programs.


Who is 5k Formula for?

5k Formula is for anyone who wants to make money using affiliate marketing. This system is newbie friendly. The videos are easy to follow. If a done for you system appeals to you then, this is good. Email swipes are done for you. No need to figure out what to say.

All you need to do to is follow the steps mentioned above and drive traffic to your affiliate link.


Is 5k Formula a Scam?

No 5k Formula is not a scam. The 5k Formula business model is affiliate marketing.  This is a viable business model.

People make money with affiliate marketing every day.  But I have a few concerns about this done-for-you system.

Matthew wants to convince you that this system has made him a lot of money in a short amount of time.

I am not convinced the made that money he withdrew from the bank, money made with this system. Matthew Neer has been in the make money online business for years. That money could have come from other ventures.

Some people may find having a done for you system quite appealing. You don’t need any technical skills. You don’t have to buy a domain name or pay for hosting either. You also can use 5k formula traffic rotator.

One red flag that stands out is not having control. You do not have any control over the system. The hosting is done for you so if the site goes down you don’t have access to anything.

Only make money online products are promoted using the 5k Formula. Not everyone wants to promote mmo products.

If you wanted to use a different autoresponder such as Aweber, you can’t. You have to use Get Response. Another red flag is being paid via PayPal. Paypal does not like affiliates using PayPal for digital products. Digital products have a large refund rate.

Anyone that has been in online marketing knows this about Paypal. So I am not sure why 5k is continuing to use Paypal.

This is not as easy as Matthew makes it out to be. You have to put in work in order to drive traffic to your link.

Just putting your affiliate link on social media is not enough. People do not like to be spammed. Most people don’t click links of people they don’t know.

People buy from people they know, like and trust. This is how professional internet marketers make money.


Conclusion

You may want to give 5k Formula a try. At least it comes with a money back guarantee. But wouldn’t you like to have your own online business? A business you have control over?

If the answer is yes, good for you.

Learning how to make money online is not rocket science. There is an online training platform that teaches you how to build a successful online business. They have step by step training and an online community of like-minded people to help you 24/7.

It is FREE to check out what is offered.

Feel free to post your comment/question and share.

Let’s Make Money Online!

 

 

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