Sounds amazing, doesn’t it – Being part of a millionaire society. But is anything that sounds too good to be true, too good to be true? Let me dig deeper and find out the answer to the question, is the millionaire society a scam?
Product Name: Millionaire Society
Website url: http://www.millionairesociety.com/
Cost: $4.95 for the first week trial and then $97 per month after
My rating: 1.5 out of 5
What is the Millionaire Society?
Before I go into this, I have to clarify first that there is another society called Millionaires Society which is a binary trading software and this is NOT what I am looking at today. So, today we are talking about Millionaire Society, without the ‘s’.
So what is the Millionaire Society? Essentially it is an affiliate marketing training program with video training included. The first thing you will notice is when you go to their website, is the homepage. For a training program it’s has an incredibly high ‘sales’ talk. There is an 11 minute video by the owner, Mack Michaels which talks about a turnkey program:
He promises that you can make loads of money on the market EASILY, without marketing of any sort. And only takes 15 minutes to set up, which can earn you about $232,000 a year, AUTOMATICALLY! Can this really be possible? What’s strange about this video is he states how quickly you can earn high incomes and in the next sentence says it’s really difficult to make money online. Confusing eh?
But this isn’t the entire program, there’s more. Let’s look into it, step by step, and I will share my experience with you:
What’s in the Millionaire Society program?
First, if you have been to the site, you would have seen when you get to the landing page that you have to watch a video. There is no where else to go to find out more, to find out what the business is about. Which is maybe how you arrived here?
If you know nothing about affiliate marketing, this sales pitch is very tempting. The reason why this is such a hard sell is because this is all you get to sign up. Just a video promising you can make money easily, but then saying, but he can’t promise you will make money. And this is supposed to be enough to get you to sign up? I guess it must work.
But just have a look at it:
So, you watch the video and then are asked to pay with no further information. This is massive turn off for me, even it is only $4.95 initial fee. But be warned, if you don’t cancel after the first 7 days, then they automatically charge you the $97.
So I went in, so you don’t have to, and here is what I found.
The program is divided into 4 sections, or 4 systems which help you make money online:
System one ‘Turnkey’ business
The concept of this business is an online business which has already been created for you and you just turn it on – cleverly called ‘turnkey’. And it runs automatically. Can it really be this simple? Here are the 4 steps they suggest to get going
- Download an online business, in a pre-selected, pre-researched niche which is already created for you
- Make small amendments to that site
- Add your Paypal functionality
- Then your fully created business is immediately ready to go.
Sounds amazing. If making money online were that easy, people would have cottoned on ages ago! So why don’t I believe in this?
Essentially what you are getting is what is known as a PLR product, Private Label Rights. And what this means is that you are given the license to sell this content. What this also means is that there are thousands of other people using the exact same content. If you are only making small amendments, imagine the number of duplicate programs out there, and all within the same niches – carbon copies of your own business.
So what’s the problem with this? You are then competing against yourself, and you will never win. Not only are you competing against a hundred almost exact duplications of your business. And in addition, as we are talking about an online business, Google doesn’t like duplication, so Google won’t rank you for free traffic. Because of this you won’t be able to benefit from the free marketing that search engines can give you.
All advertising you do will need to be paid for. This makes the business very expensive to set up.
System two : How to get 100,000 Visitors in just 1 hour
By magic I assume? No by Adf.ly
There are two ways you can use Adf.ly
- Adf.ly is basically a url shortener website where you share revenue for sharing links. You copy links from your website and enter them into their system and they provide you with a shortened version of the link. For every 1000 clicks you will get about $8. So you have to have some serious website traffic. Now this is the thing, when you share a link, say you post a link to your webpage on twitter, if someone clicks on it they will be shown a short ad BEFORE they are directed to your content. I’m not a fan.
- You can be this advertiser, which could bring you lots of clicks. But be warned, these clicks are completely untargeted and therefore will be unlikely to lead to conversions. And you certainly won’t be a millionaire for the costs the adf.ly pay you. But it’s good for a bit of pocket money and it is completely legit.
Just an aside: if you want to shorten urls without advertising I would recommend Bit.ly
System three: How to make money on Clickbank
Clickbank is an affiliate market place, which means that this is where affiliate marketers go to find products to promote on their site. Everytime someone clicks on a link and buys a product that you have advertised you get a commission. This is the very basics of affiliate marketing. And I am a true believer in affiliate marketing, and I would advocate the use of Clickbank as a great resource for this.
The video tutorials take you through the process of how to set up with Clickbank and how to find the right products to promote on your website. So great, we have one good product? Not so fast:
Millionaire Society teaches you some very costly ways to sell your products. Firstly, they ‘advise’ you to buy into a product called Keyword Spy which essentially tracks your traffic. This is a good product but it costs $89.95 a month. So already, adding this to your $97, things are starting to add up.
THEN in order to drive traffic, they take you through some training on how to use Google Adwords (pay per click) to drive traffic. Now don’t get me wrong, search engine paid advertising is brilliant, if done correctly, but it’s costly. So lets’ add this to the pot!
It’s such a shame that in this day and age if you are setting up an online business that you don’t use FREE advertising, in the form of good on site search engine optimisation (SEO) and solid social media marketing.
System Four: Making a Profit from Pinterest
For anyone who isn’t aware of Pinterest and what it has to offer, it’s a different kind of social network based heavily on using imagery that you ‘pin’ from websites and save to your board. This training is actually pretty good, but using Pinterest cannot and shouldn’t be the be all and end all of your marketing strategy.
This tutorial teaches you basically how to use Pinterest, and what products work best in this social network, as well as how to drive traffice through Pinterest. This is good stuff, but as I mentioned, this is only a small part of a marketing strategy, and should not be given 25% of the weighting of the entire program
- There is some useful training in this program
- You will be able to drive traffic relatively quickly to your business
- For $97 a month, you would expect a lot more than you actually get, you would want more than just some training videos.
- And as I have shown you, $97 a month isn’t the end of it!
- The quality of the training is poor in places and not that in depth. Sometimes it feels as though it has been provided to tick a box
- The whole user experience is pretty low quality
- They have conflicting promises, to make you loads of money with little effort but ‘don’t expect it to be quick or easy?’ Confusing messages
- You don’t see anything upfront before you buy. I am always wary about this!
So in answer to my question, is the millionaire society a scam? It’s a yes..
This isn’t a strong warning, like run away, hide, all I would say about this program is that, just don’t bother. You can get affiliate marketing training which is so much better than this at a fraction of the cost and with so much more thrown in. The content is outdated in parts and the training is patchy to say the least. You re definitely not getting your money’s worth. And you will spend a fortune setting up your business.
Try something different, and don’t waste your precious time.
If you have any experience of millionaire society, I would love to hear about it. Please leave a comment below