Automated Cash Formula Review
By Review Boss on Oct 28, 2007 with Comments 54
Make Money Online; Do Nothing! The Automated Cash Formula:
Again I spent $37 on a IM product. This time it’s called “Automated Cash Formula” by Dave Gale. After reading the ebook I searched on the net for its review. I could only find lots of bogus affiliate reviews. So I decided to write this unbiased review ( as always)
The Claim:
Make money on the internet without a website, a product, investment, traffic or marketing. Just spend few hours for research; send few mails and see cash rolling to your bank account- hands free!
The Formula:
JV brokering: In simple words “two tier affiliate programs.”
The Concept;
Recruit an army of sub-affiliates in any niche market; leverage your sub-affiliates effort; make small commission from sales made by your sub-affiliates.
If you are an experienced marketer, by now you should have understood this concept. And I cannot reveal exact step-by-step details of this concept as it is a paid product.
My Opinion:
This NOT a new concept as the author claims. This concept has been discussed on most of IM discussion forums. And I know few people who make pretty decent money doing it. This formula “may” work for you. But personally it’s not worth my time. And if you are one of those very “fortunate people” you would probably make a small fortune.
As you probably know, 5% marketers make 95% of the money. To make this formula really work you have to recruit those 5% marketers; that’s a tough job because those top marketers always get tons of JV proposals and deal requests. And you’d be very lucky to recruit 1 out of 100 proposals. But if that one person can make you hands-free money why not?
The Pro’s:
Reasonably well written step-by-step document on how to find a niche market; how to find a good affiliate program which pays decent two tier commission in your niche; how to find potential sub-affiliate who got high traffic site/list…. in a wizard format. It also contains a sample proposal letter for affiliate recruitment.
The Con’s:
I have already mentioned it in “my opinion.”
Scam Alert…Fake Income Claim!
I know many people would visit this page searching for “Automated Cash Formula Scam” etc… that’s a recent trend!
The author, Dave Gale is claiming that he made exactly $5327.81 using his method. I’m not sure if he really made that much money (or really made any money) using his technique. To justify his claim he is showing a screen shot of his earning. If you are a smart marketer you’ll realize that he is showing a screen shot taken from ClickBank account. Currently Click bank doesn’t have two tier affiliate program. So his income claim is fake!
Update on 18th February
Deve Gale realized his mistake of fake income claim after reading this review. Now he’s showing screenshot of Paypal account instead of ClickBank. However, he failed to justify that he earned that sum from two tier affiliate program !
Conclusion:
Although this technique is doable I’m not confident enough to fully recommend this product mainly because of over-hyped sales letter and fake income claims.
Still Want to Buy it?
You have two options.
You can buy it using my affiliate link which helps me to write even more unbiased reviews.
Or directly goto the site http://www.automatedcashformula.com
PS: The cost of this ebook is $37 with $67 up-sell and $19 ditch-sell… go try it… 
Updated on 27th November 2007
I’ve received lots of requests to review various IM product through contact form. I cannot afford every products out there though I buy lots of stuffs every month. The following products review will be published very soon. (I bought all of them recently)
- Chris’s Google Assassin (or Day Job Killer Assassin)- published on 7th Nov 2007.
- Latif’s Google Snatch (the free click formula)- Negative review
- Chris Rempel’s Lazy Super Affiliate ( Confession of a lazy super affiliate)- Positive review.
Some product publishers have sent free copy to me for a review. I’ll review them when I get enough time.
The repeated question people are asking me is “Which is the best product/system out there?”
My answer is “Wealthy Affiliate” – As long as you are a member of Wealthy affiliate you never have to buy another IM product, ebook or software. At the time of writing this I’m a member of WA for more than 14 months. Join WA today- you’ll never regret your decision. And if you join through my link you’ll get my own “Wealthy Affiliate’s Quick Cash Formula” for free. This product is not available for sale. Just forward your receipt to admin(at)reviewboss.com
Check out Internet Marketing Products Review category for more reviews to read!
|
Related posts:
|
Filed Under: Money & Employment
hi RB
just read your review or WA.
if i join WA and receive your bounus guide, and work at it every day, what can i resonably expect to be earning in one month .. i know its a difficult question .. even an unfair question . im only asking because ive got a limited amount of capital before i have to find some god awful job i dont want to do.. and it wint be easy to find a job at my age
one good thing about WA is i theres no big upfront fee like the typical guru programs out there .. its a monthly fee only .. so you keep you capital a little longer.. and the owners sound like their very responsible and involved on a daily basis.
what about promoting WA exclusively to begin with ?? good idea or not ?
kevin
hi RB
if we join WA under you .. are you available by email if we have further questions after joining ?
or dont you think thats necessary cause its all in the WA programe ?
kevin
HI RB,
Very interesting report on this ebook.
How about letting people know how they can downlaod anbything for FREE on the internet which would be usefuil like a lot of us do without spending eanred cash on crap ebooks and schemes thta don’t work. Many of us have the privalage to read all thse without having to buy and its a good idea to share this with newcomers.
Thank you for this review. Even though it’s only $37, that money could be put to better use. But in this industry, there are no “EASY” way to make money. It takes time, money, sacrifice and hard work. For those of you are just diligent and won’t give up until you find the right “Niche” then I encourage you to go to http://www.justinfoster.net
This isn’t an affiliate link, sales pitch, or anything. The information is ALL FREE, and this information breaks down why MLM Network Marketing is dying, and it desperately needs your help.
Hi,
Thanks for reviewing this i was about to purchase this product, and now thanks to this i wont. I also saw another product to do with niche’s is also considered a scam.
as i mentioned in another post i will continue now to return to this site, and any product that i am considering to purchase and you give it the thumbs up, i will use your link.
steve
http://www.alchemygaming.com
You said, ” And I cannot reveal exact step-by-step details of this concept as it is a paid product.”
Is there a copyright law that prevents a paraphrase review of a step-by-step writing?
Hi Review Boss…
Just a quick one from an Australian visitor to your site!
Any thoughts or opinions on Ewen Chia’s “No Sales System”?
here’s a direct link:
http://www.nosalessystem.com/
Kind Regards: DAVID.
Oh…one more thing: Can you tell us poor innocent “seekers of
LEGITIMATE on-line bizopps”…are there any OTHER I.M. Reviewers
out there, who…like yourself…give 100% HONEST and RELIABLE
reviews???
Please tell us…The World will be indebted to you!!!
Regards: DAVID. (Melbourne, Australia).
It is interesting that Rob Benwell from “Blogging to the bank” would leave a comment here about people robbing others etc. It is interesting Rob, since you are one of the people that David Gale uses as a testimonial on his Automated cash system website, saying that you made money immediately with this system and that you would recommend it to your entire list. THAT would make you a hypocrite would it not?
OK ..simply a simple question …. From the looms of Meganet :
*** IS THERE A PROGRAM OUT THERE .. THAT
ACTUALY ….WORKS ? Thanks and go Cardinals
Hi,
Thanks for a frank and unbiased review. I must admit I was tempted by the last “try syndrome”, small amount of money, worth a try just in case it works! You see his claim of “no work required” implies “no failure” that nearly got me. Once you revealed that you need to recruit not 1 type but 2 types that will kill it for most people. Thank you for saving me $37. Actually, for those still wanting to try it, you can get it for $27. Don’t buy it at the website, when leaving, a POP Exit will tout you for only $27.
The guy who wrote Blogging to the Bank has given his testimony for this product. I haven’t purchased his blogging system, but considered it like I did with this. Thanks for the review, I think I’ll just buy a good fantasy novel with the money I was thinking of spending on this. Or maybe Ewin’s tangible book.
Great to finally read an unbiased review….
Thanks
REgards
Greg
Thanks, for the unbiased review it’s very refreshing to see this in such a over hyped day and age. I have subscribed to your rss feed, and look forward to more reviews.
David
I am glad to have found this review. However, I am no fan of WA. I tried it a couple of years ago and found it to be out of date, sloppy and lacking in a lot of areas. Now maybe they have improved but these days there are a lot of high quality teaching sites. So I would hope they are keeping up.