Is 5 Figure Day a Scam?

5-figure-day-mainName:  5 Figure Day
Website:  www.5figureday.com
Price: $7 Trial then $97/month
Type: Email Marketing

Bare Naked Scam rating: 4 Thumbs Down

5-figure-day-scam-rating

Is 5 Figure Day a Scam?

There are a lot of products out there that promise to send thousands of dollars to your doorstep without you having to lift a single finger.

Obviously, most of those products are scams, and we have written reviews about many scams here on this website.

Like I promised, I want to make it easy for you to find the right products online and avoid the scams, so today we’ll take a look at a product called 5 Figure Day.

In this unbiased 5 Figure Day review I’ll show you what the product is about and you can decide for yourself if you want to grab it or not.

What is 5 Figure Day?

So what is this product that everyone is talking about?

5-figure-day-freeWell, I signed up to the program and took a look around, and here’s what I discovered.

5 Figure Day is a product that teaches you how to build a list with their simple “Free” websites and how to earn money with the product by recruiting new people to the system. The process works much like any other multi-level marketing business.

Basically, it’s a kind of affiliate platform that lets you earn money with the system while also building an email list.

There are some training videos, but there’s not really much value in those videos, at least, nothing that can’t be found online for free. Even a simple search on YouTube will delivers better results.

The idea is to purchase the product and then promote it as an affiliate. That’s not a bad idea, except for one small problem… there’s not really much of a product to promote.

Essentially what you’re promoting is the affiliate program, that’s it.

But can you use it to make money?

Problems with 5 Figure Day…

Here are some problems that I spotted while checking out this system.

For starters, all the affiliate promotional material is very generic and spam-like.

5-figure-day-spamJudging from the videos on YouTube, this product has been around for at least 6 years, and if everyone is using the same text-ads and email subject lines to promote this product, there’s a very small chance that someone will actually buy it.

During these past 6 years the online world has changed a lot, what worked back then will not work now, and Google has made some serious upgrades to its spam filter.

For fun, I just opened my spam folder and I can see quite a few headlines with almost the exact same headlines you’re told to use when promoting 5 Figure Day.

So, they’re really common, and completely over-used.

That’s one major problem with this opportunity!

People just don’t like spam. They never did and they never will.

If you follow the advice in 5 Figure Day you will essentially become a spammer, and you’ll be trying to promote something that nobody wants or likes, and that’s counterproductive.

That’s like purposely handicapping your progress!

This Training Program has taught Thousands of People to be Successful Online. Check it out!

The Cons of 5 Figure Day

Here’s a list of 5 Figure Day Cons:

  • Over-used Text-ads.
  • Too Much Hype.
  • Too Expensive.
  • The Landing Pages Need Work.
  • Very Low Conversion Rates.
  • Very Little Training Material.
  • No Real Core Product.
  • No Support.

Those are just some I spotted right off the bat.

But is 5 Figure Day really a scam?

The Pros of 5 Figure Day

Contrary to what you might think, there are some things that I like about this product.

For starters, I like the trial membership. I always like to test out a product before I commit to investing in the monthly fee.

With my favorite product, membership is free, and if I never tried that free membership I probably would never have created this website!

So, I always want to try a product before I subscribe.

5 Figure Day’s trial is not free, but it’s only $7 and that’s supposed to be refundable.

There’s only one small problem, there’s no mention when you’ll be charged the additional $97 a month. Therefore, a lot of people fall for the trick and sign-up for a trial, forget about their membership, and later on realize that they were paying $97 a month for a program that they never even used.

I personally think that’s pretty close to scam territory!

5-figure-day-soloadsBut besides that, I thought the idea of using solo-ads was cool, certainly not unique, but definitely something worth checking out.

On the other hand, solo-ads are essentially promotional emails that you pay someone to send to their email list. What email list is this? Maybe all the email addresses on that list are spam or fake? Maybe the clicks you get are from bots? Who knows?

That’s why it’s a gamble to buy solo-ads; there’s no telling what kind of results you’ll get.

But as someone who has been working online for several years, I’m pretty sure most people are not interested in more “Get Rich Quick” schemes. I can guarantee that your conversions will be very – very – low with this program.

Still, sometimes solo-ads can be a help when you want to test out a new email campaign. I suggest that you avoid buying solo ads to promote these kinds of products, but instead use them for your own, unique, campaigns.

Chances are that the people who will receive those ads already saw thousands of different “Get Rich Quick” ads in their inbox today and they’re not interested in more.

My Sincere Advice to You

For me, I think that 5 Figure Day is not a scam, but it is a low quality product that is not worth anyone’s time. I don’t recommend that you give it a try.

I’m all for email marketing, but please use ethic guidelines to build your list, the results are just so much better than the alternative.

If you’re looking for a legitimate business training course, I would like to welcome you to join me in my favorite online business community and training website.

It has helped me create a 4 figure income at current and on a part-time basis. It has also helped thousands of people to achieve the true “Work from home lifestyle”.

Thanks so much for reading this 5 Figure Day review. If you have any thoughts or experience you would like to share, please, feel free to leave a comment below.

If you find my article useful, please, help to share it with your friends and family by clicking on the social media buttons (Facebook, Twitter, Google Plus) below.

Your pal,

Jack

My Secret to Online Sucess

About the author

Jack Cao

Jack is an experienced online marketer who would like to extend his help to whomever wants to learn more about building a successful online business. Connect with me on Facebook, Twitter, and Google Plus. Read more about Jack and BareNakedScam.com here...

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