Stealth Money Maker is a site that offers a free report on how to “…earn over $100,000 per year from home”.
My first impression of the site is that it’s production values are higher than similar sites. Someone spent some money hiring a graphic designer to make it all look professional.
The free report is provided as promised, in exchange for your name and email. The report itself is equally well put together, and looks very professional. It gives, in my opinion, not enough detail to really help someone who is completely new to Internet Marketing. But the information is sound, especially if you’re willing to tackle the “trial and error” method of learning which is what we all end up doing anyway.
The money maker for the site owner comes in the back end offer. After you’ve signed up for the free report, you’re given a chance to purchase a huge collection of software and ebooks for $50. The collection is impressive for the software included alone, and is worth the $50 to get it all in one place.
The site owner, however, doesn’t make any money from the $50 you pay for the collection. No, 100% of that goes to whoever referred you to the site (me, for example, if you click the links in this post).
What you’re also offered, as an add on to the collection, is the opportunity to refer people to the website. You pay an additional $27.75 (or something like that) for the right to get 100% of what other people spend on the collection.
So the site owner makes $27.75 per affiliate who joins. That isn’t too bad, since his entire setup is automatic, requiring no action on his part. He does process email questions about the collection, so he’s earning his money.
It’s worth it to sign up for the free report, and then clicking to get your affiliate site (you won’t be asked to pay yet), just to see the way the owner lays out all the terms and conditions. He leaves nothing to chance, and answers every question you might have about the collection and the affiliate site.
The entire site screams “professional”, and that’s really what a prospective Internet Marketer should get out of it. Study the copy…it may not be the best sales copy in the world, as the owner claims, but it is good. And the site itself is up front and transparent about how everything is going to work. And the high production values continue throughout, making it all pleasant to navigate and work with.
By the time you pay your money, you know exactly what will happen, and there are no surprises. If only every product site were like that!
Note that while the free ebook was short on details, if you purchase the affiliate site, you get access to a ton of training material the owner has written, covering topics like traffic exchanges, link cloaking, classified ads, PPC, and more. He includes advertising copy, banners, etc. Basically everything you need to market the site to others.
P.S. If you purchase the collection and use Firefox, get the Download Them All plugin. Start it going when you go to bed, and by morning the entire collection will be on your hard drive.
This blog is supported through sales, not ads (although I am testing Adsense placement right now). If you like a product I've reviewed, buying it through my link helps keep the site alive and more reviews coming. Also, if you found this post interesting or helpful, consider subscribing to my RSS feed. If you're already a subscriber, thank you!
Popularity: 12% [?]
|
|
2.5 |
52 Responses
February 4th, 2008 at 5:55 pm Quote
1ITS ALL B.S DONT BELIEVE IT…….
February 4th, 2008 at 9:16 pm Quote
2Jay wrote:
Hi Terry, if you were a bit more specific, I could probably address your comment, but I’m not sure what you think is B.S. The free report, the collection, my blog post, ???
February 6th, 2008 at 3:02 pm Quote
3Tom wrote:
Hi! There was a few years ago a very compelling offer that later turned out to be a scam, and many people fell for it.It was called morethantraffic.com. They promised a profit of $100.000 in a couple of months time.This has some of the same “features”.Do you know if this one works?
February 6th, 2008 at 4:36 pm Quote
4Hi Tom, I don’t know the details of the MoreThanTraffic.com offer, but the Stealth Money Maker is a legitimate offer. He basically bought resale rights to a ton of products, and is reselling them for $50. The free report is just his bait to get people to consider buying the collection.
And following off the success of the $7 formula, he allows affiliates to pocket the entire $50 when they refer a customer. He gets to build a mailing list, and pockets the $27.75 for making someone an affiliate.
Whether it works or not depends entirely on whether you refer the sorts of people who are likely to purchase the collection or not. It’s attractive, in the sense that one sale earns you back your fee for becoming an affiliate, plus some.
And the products are actually quite nice. I’m slowly going through the collection, but the graphics I’ve seen so far are a cut above the usual free graphics packages (buttons, headers, etc).
February 14th, 2008 at 11:12 pm Quote
5This is another scam from Mr. Davies. I purchased his income4beginners software collection a few months back for $40. I only made $160 from it and all of a sudden my paypal button stop working because he took it down. He did not contact any of his affiliates. Then I was forced to get AlertyPay to continue promoting income4beginners. Never got anymore sales after that. Now what you do know…my affiliate link no longer works….why???? Because income4beginners.com is gone…history…because it now points to StealthMoneyMaker.Com. This is major BS. StealthMoneyMaker.Com is another temporary thing for Mr. Davies. He will take your money and shut down the site eventually. Don’t be suckered by the software collection. Alot of it is old stuff floating around the internet that you can get for free.
February 15th, 2008 at 8:55 am Quote
6Hi Lisa, that’s the case with all these sorts of collections, they’re mostly stuff you can get for free in other sites, or for fairly low cost. But they’re packaged together and convenient, which makes it worth the money for some.
Jay wrote:
That’s possible…personally, I never plan on any Internet site being around for long. A year is a loooong time in Internet terms, so a few months is about what I expect from a brand new site. That said, with everything being automatic, it would be suspicious to have the site taken down (it should run on autopilot as long as the hosting is paid for).
February 17th, 2008 at 10:30 am Quote
7I agree with Jay that alot of this stuff is just repackaged, but that is 99% of online opportunities. they’re good while they last. i don’t agree with Lisa’s comments about this being income4beginners or anything to do with jon davies. stealth money maker by a man called alan humphreys? how are they the same person? i was in i4b, and i noticed my site now pointed to stealthmoneymaker so i emailed them to ask what was going on. he told me he had purchased income4beginners expired domain when it was up for sale. his explanation actually made a lot of sense (to me anyway). doesn’t seem like anything scammy to me. the scammer was jon davies when he shut up shop without telling any of us.
jay, have you made any sales with this one? i’m not a member yet but i’m thinking about it. has it realy worked for you?
February 17th, 2008 at 5:21 pm Quote
8Hi Sam, thanks for the comments, and the info about the I4B domain.
Jay wrote:
About all I’ve done is the review here, and sending some traffic exchange traffic to my affiliate link. I’ve made one sale, which made me back the cost of my purchase. One more would put me into profit, which is what makes it attractive.
If I were pushing it a bit harder, reviewing the individual items in the collection, it’d probably sell better for me.
February 17th, 2008 at 7:48 pm Quote
9This is a fantastic review for the program and yes, it is similar and does have some of the downfalls of Income4Beginners. People need something that is almost literally plug and play to make it work for them. Most people, without adequate REAL resources, supports, and marketing tools, have a difficult time making sales with even the small ticket items.
I can say that I have purchased and reviewed hundreds of programs over the years and this is certainly one of the easiest. Whether or not people succeed and the extent they do depends on how much they do with it, if they have access to the right advantages to give them a leg-up, and if they have the right mentoring to be successful.
Traffic and marketing is where it is as we all know so it is necessary to plug into some good sources of traffic and marketing that has been made easy enough that anyone can do it. Will people make millions? Probably not… but can they do very well with this type of program? Absolutely!
February 17th, 2008 at 10:18 pm Quote
10Jay wrote:
This is really the critical point, and one I’ve made in many posts on this blog. No program will replace building the skills you need to market online. Stealth Money Maker is a nice program to market, but unless you have the skills and spend the time and energy marketing it appropriately, you won’t have much success with it.
Granted, you only need two sales to break even, so it might be worth practicing your skills with it. But the program itself, even with the training material available when you become an affiliate, will not sell itself.
February 18th, 2008 at 2:27 pm Quote
11I have been contacted by Alan Humphreys because of my comments he found on the internet about income4beginners.com which now points to stealthmoneymaker.com. He gave me the story that he bought income4beginners.com and that he has nothing to do with a man named Jon Davies.
He might be innocent but don’t you think it is VERY IRONIC that he bought a domain name from an old program that has practically the same business concept. At Income4Beginners.com you got a free report sent to you that showed you how to make money with a collection of ebooks and software that cost $40. Well StealthMoneyMaker.Com is basically the same thing you get a free report but its about making money with clickbank. But then your introduced to a large collection of ebooks and software for $50. I will admit this collection is far more better than what was offered at income4beginners. It’s very nice.
My only reason for writing my previous comment was because I noticed the domain income4beginner pointed to stealthmoneymaker.com and had similarities in what they offered. Am I the only one that doesn’t see this?
I am just like many people around the world that have desire to make money online and invest their money on something to later find out it is no longer available. I no longer have access to my income4beginners website and the collection of ebooks and softwares that was supposed to be updated monthly.
I am only looking out for other people….that’s all. I will give Alan Humphrey the benefit of the doubt that he is not related to income4beginners and hope his system is successful for many people. I just think he shouldn’t have bought that domain name. There’s alot of angry people out there from the income4beginners program.
I get emails from people who bought the income4beginners program from me and it makes me feel bad that it no longer exists and I took their money. But it happened to me too. It’s just not fair.
Again, I hope stealthmoneymaker.com is not a scam.
Jay, Thank you for allowing people to place comments here and for being very professional.
February 18th, 2008 at 2:45 pm Quote
12Jay wrote:
At one level it makes a lot of sense to do that. The sort of people who are going to the old domain name are looking for that sort of program, and are likely to be interested in the new one.
On another level, though, you might have, as you say, a lot of irate people who think anything related to I4B is a scam. Hard to say which way I’d decide if I were putting the program up.
One of the differences I see between what I’ve heard about I4B and SMM is that SMM makes no claims to the library being added. What you see is what you get. This seems like it’d make it more likely the website will be around for a longer period of time, since Alan doesn’t have to put energy into building a larger library.
Time will tell, though.
Jay wrote:
You’re welcome! I’m glad that everyone feels comfortable enough commenting here to share their negative experiences along with the positive.
February 19th, 2008 at 5:00 pm Quote
13Hello. I recently did a review on the ebook for the money-making scheme Income 4 Beginners, which I believed to be a blatant scam. Shortly after my top-ranking review was published online in September, Jon Davies yanked his Income 4 Beginners scheme, website and all. People who had purchased the ebook found that their affilate links no longer worked. Sure enough, this guy yanked the rug out from underneath everybody.
Please, please, please do NOT invest your time or money in this system. I firmly believe that its owner is running a pyramid scheme, if not several pyramid schemes. I believe that many people have lost money, which has gone to fill Jon Davies’ pockets. I have had many responses from people who purchased the system and could not easily resell it as he claimed.
February 19th, 2008 at 5:20 pm Quote
14Hi Jennifer, thanks for the comment.
Jay wrote:
Alan does make some over the top claims. His “this is the best sales letter ever” made me laugh out loud.
The fact is, though, that nothing sells itself, and anyone who buys into a program thinking it does needs to do a lot more research into learning Internet Marketing skills. There’s a lot to be learned to be able to sell anything online, no matter what it is.
I think that Alan does a good job with his training material on the SMM website. He’s upfront that traffic exchanges won’t give you a good response, which is more than most other sites (they generally hype up that you’ll make lots of sales on traffic exchanges).
So, absolutely, the program will not sell itself if you just send junk traffic to the page. I’d recommend that anyone who thinks it will spend time learning Internet Marketing skills with programs that are free to join before investing in something like SMM.
February 21st, 2008 at 8:24 pm Quote
15This is for Jennifer - From the Q&A section:
Q. Is this legal?
A. Of course it is! That’s a bit of a silly question! How could this be in anyway illegal or even remotely not on the level? Is selling cars illegal? What about selling furniture? This is no different. When you use this system you will simply be selling a collection of valuable digital products, and when you make a sale, you’ll make money, just like selling anything else. At no point will you earn any money or receive any reward for recruiting new members, building downlines, or anything else like that. There’s no fancy pay plan, no matrixes, no pyramid formations or any of that other shady stuff. You will only ever make money from the direct sale of the product. Make 1 sale and get 1 $50 payment…….it’s a simple exchange of goods for money, just like every other form of direct sales. It’s just like a regular affiliate program, but with this one, you get paid directly and instantly, without having to wait for me to send you a cheque once or twice a month in the post. Plus with this one, you get 100% of the sale commission instead of a smaller percentage so it’s much better than anything else you’ve ever seen.
March 3rd, 2008 at 10:22 pm Quote
16Paypal doesn’t deal with “pyramids” and thats all this is. You buy something and sell it to someone else and they do the same and so on. So paypal will stop the payments on their part from taking place and u will be left with alertpay and not many people deal with alertpay so u will have a very hard time making sales. This is what happened to income4beginners. You may of noticed that the paypal button dissappeared and only the alertpay button was an option for payment and then soon after the whole site dissappeared. I wanna try it but the paypal button will be gone soon and then ur basically screwed.
March 3rd, 2008 at 11:41 pm Quote
17Hi Steve, what Paypal doesn’t like is MLM, which is when you get paid not only for your personal referrals, but their personal referrals, and so on. Stealth Money Maker is a simple affiliate sale…you get paid only for the people you sell to, you make absolutely nothing from the people they sell to. It’s no different from an affiliate link to Amazon.com or any other affiliate link.
March 5th, 2008 at 11:34 am Quote
18Just curious, have you made much $ with this since you started it?
March 5th, 2008 at 12:04 pm Quote
19Hi Rebecca, I haven’t really been marketing SMM…when you write a blog that does a lot of reviews, you don’t have much time to focus on selling a particular product.
But on the strength of this blog post about SMM, I’ve made three sales. That’s $150 to me, minus the $50 I paid for the collection and the $27.75 I paid to be able to sell the collection, for a net profit so far of $72.72.
If I were to write a Squidoo page and Hub page about it, that figure would go up.
March 28th, 2008 at 2:24 am Quote
20I had the same exact experience as Lisa S with income4beginners. If this Alan Humphries guy is actually a different person than Jon Davies, it seems as if he’s setting himself up for the same fate (a program that eventually doesn’t work and lots of angry former customers). The reason Davies was forced to switch payment processors from PayPal to Alert Pay was because people’s PayPal accounts were getting SHUT DOWN as a result of using I4B. If SMM is using PayPal, then the same thing is will happen, since it’s basically the same offer as I4B under a different name. Of course, he could just switch to AlertPay, but you know how that goes…
It’s telling that you seemed to imply earlier that these type of internet marketing sites going belly up suddenly is the norm. And the thing is, it’s TRUE. But there are also sites like Commission Junction and Linkshare that have been around for years, and aren’t likely to go anywhere anytime soon. If someone’s looking to make an income online, I’d strongly suggest affiliating with companies that are reputable and have been around for a long time. You might not make $100K in your first years like Mr. Humphries is promising, but you also won’t have your cash flow dry up overnight without a word.
March 28th, 2008 at 1:31 pm Quote
21Hi Keith, you’re not really comparing apples to apples by comparing SMM with CJ or LinkShare. The latter are affiliate marketplaces, not individual programs. The individual programs in the marketplaces may come and go, but the marketplace itself remains.
That said, you’re certainly right that there are affiliate opportunities that are more long-lived than the sort of thing SMM represents. The commissions are also lower on those, so there’s a trade-off.
It really depends on your niche…find products that the people in your niche care about, and presell those products. SMM isn’t likely to appeal to anyone except the make money online crowd.
March 29th, 2008 at 12:47 am Quote
22Hello.
Carmela Altman here: 520-723-4094
I too got suckered into the income4beginners income opportunity deal for $40.00 dollars. I sent an e-mail to Davies and he answered me and gave some assistance to how to get assistance. Anyhow can’t get that now. All of sudden poofed he was gone.
Hope someone finds him or her and gaves him or her a taster of their own medicine.
But anyhow that what we get for being ignorant and falling for someone else products or services to sell instead or inventing our own.
Hope everyone is not suffering to much.
March 29th, 2008 at 8:15 am Quote
23Hi Carmela, product creation is absolutely the way to go for anyone serious at Internet Marketing.
Even the SMM site is a good example of one person creating a “product” by repackaging other items and wrapping an affiliate opportunity around it. It’s something that anyone could do, yet few people do.
Of course, products that are truly original work will do better in the long run, but you’ll find that most of the IM related products out there are outsourced or PLR, and not the work of the official author.
April 25th, 2008 at 10:59 pm Quote
24Heh, cunning. A referral site disguised as a review of the site you’re referring to. Convince people it’s a good deal, give them the link, watch the money roll in.
Jay wrote:
Indeed, and the people searching for information on whether this is a scam or not fit that profile nicely if you can convince them it’s not, yeah?