Wednesday, 15 June 2011

If it sounds too good to be true….

…It probably is.
Sometimes it’s not easy to press the “Publish” button on these type of posts, but I think that this is important for people to read, particularly if you’re new to Internet Marketing.
***DISCLAIMER – This post may seem negative, but there are lots of valuable lessons to be learnt :) ***
Last year I was scammed.
I was 21 years old, new to Internet Marketing, and I was scammed out of a few hundred pounds. I had a little more burnt than just my fingertips.
This all happened about ten months ago, but it took me a few months more to realise what a poor system it was. I had bought a product that was a complete scam.
Last night I started thinking about it and getting mad. I Googled the guy and the program, and then was even more appalled to see that there were dozens of other people who had been scammed by him, and out of much more money…and most of these people weren’t 21! No refunds, he’s disappeared.
He claims to make over $100,000 a month, and he probably does. Just not how he says he does; he gets money from scamming people.
I started getting real mad and imagining what I would “say” to him if we ever came face-to-face.
To make things even worse, his program was promoted by a well-known and well-respected Internet Marketer (who I am sure was unaware it was a scam and was taken in by the friendly commission rates). The scammer did a Webinar, and his pitch was absolutely amazing, he made everything seem so realistic and achievable. But in reality,it was all bull. Back then I was relatively new to Internet Marketing, and like hundreds of other people, I was conned. This guy seemed to prey upon the naivety of newbies. We all should have realised it takes much more work than that to make money online.
What lessons can be learnt from this situation?
1. If something sounds too good to be true e.g. if it’s some sort of push button software involving no work - most of the time it will be worse than useless. I mean worse than useless because if it is a bad product, as well as not making you any money, it will cost you a great deal of money, time and stress. Use common sense.
2. Nothing happens without hard work. Do you really think that you can spend $37  and start earning $34,116.22 a month?
3. Do extensive research on places such as the Warrior Forum before you buy any product. If it’s brand new, in most cases I’d wait until people have given honestreviews about the product.
4. Do a load of research about the person you are buying from – Are they reputable? Are they transparent? Remember that most of these people will not have 100% customer satisfaction rates; but if you’re seeing more bad than good the warning lights should start flashing.
5. Don’t make any quick decisions, take time
6. Ask for the opinion of others who know are reasonably knowledgeable about Internet Marketing Products
7. With regards to information products online - If you can’t afford them, don’t buy them. I am yet to come across any that are worth risking your financial stability for.
8. Don’t dwell on negative experiences, put it down to experience. Stay positive and move on.
To achieve success with any product you will have to take massive action. However, if the product is a scam, it doesn’t matter how much action you take.
Most of the “scammy” Internet Marketers will concentrate on the naivety of newbies.  Buying some of these products reminds me of buying a lottery ticket; yeah, one person may do well but the rest are strung along, led by blind hope and false promise.
Flip side of the coin
Let’s look at the sort of people that we want to do business with – a few guys that have built up a community, are transparent and excellent at what they do – Danny InyJon AlfordMarlee WardMark Harai and Marcus Sheridan. I know all of these guys quite well, some better than others. You can see by their blogs that they know exactly what they are doing and what they are talking about. If you need help with your business, I recommend you check these guys out.
The Takeaway
There are some great resources online. Just be careful what you buy. There are some people that are truly willing to help you and add value. This post should certainly not be misinterpreted. I’m not saying “Don’t buy anything online”, I’m saying “Be careful what you buy and who you by it from.”

YOUR TURN: Have you been scammed online? Do you have any tips for people starting out regarding scammy products? Do we need better regulation?

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