CB Passive Income – is 4.0 any different from 1.0?
Name: CB Passive Income
Website: www.cbpassiveincome.com
Price: $47 + Several upsells
Owners: Patric Chan
Bare Naked Scam rating: 3 Thumbs Down
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Are you still looking for an avenue where you could invest your money?
You came to the right place because today I will be talking about CB Passive Income, a program which makes use of affiliate marketing.
I will tell you everything you need to know about this program so that you can make a sound decision whether you should join this or not.
A few years ago, I had already written a review for this business, it was still in its version 1.0 then, today, it has updated to version 4.0.
If you would like to check out the review I had written in the past, you can check out the review here.
In this updated review of CB Passive Income, I will tell you everything you need to know about this business and how it has changed from version 1.0 to 4.0, if there are any…
What is CB Passive Income?
CB Passive Income was founded by Patric Chan, who is an internet marketer; he also had written and published a book called Clicking Cash.
According to Patric Chan, you can earn through this business by simply becoming an affiliate and paying the membership fee which is $47.
He also mentioned that you won’t have to worry because he will teach and train you on how to make this program work for you by sending you different training videos through your email.
However, these training videos are not owned by Patric Chan, you can actually download these videos on youtube.
So why would you spend $47 for videos you could actually access for free? For me, this is a real waste of money.
Learn the basics of Internet Marketing and be a true Internet Entrepreneur!
Another way of earning in this program is by earning commissions from the products that you will be asked to promote.
For me, this strategy is only beneficial to the company because you are actually working for them, and it’s not the other way around. This defeats the purpose of passive income.
If you try to check out the website of CB Passive Income, you would see their good “feedback” from supposedly affiliates.
Yes, there may be people who earn from affiliate marketing, but according to statistics, 95% still fail in this kind of business.
This can be because of the following reasons:
Lack of Leads
One way of earning in this business is through commissions.
The thing is, no matter how much you promote to your mailing list, the conversion rate to sales is still unsure.
This means that you aren’t really sure how much you are going to earn in this business.
Also, in CB Passive income, it teaches you how to find traffic by paid ads. This is another investment that you have to sink in, but the results is still unclear.
There are many complaints about the methods that CB Passive income taught are useless and it cost people a lot of money on those advertisements that do not convert into sales.
If I were you, I’ll be cautious about this program as it is not teaching you the basics about Internet Marketing, but teach you the shortcut of utilizing paid advertisements when you have no clue about what you are getting into.
Learn the basics about Internet Marketing and start your journey as an Internet Entrepreneur!
Lack of knowledge
Before you dive into any business, you must know its nature.
With CB Passive Income, you must be knowledgeable with how promotions, email marketing and mailing lists work in order for you to understand what you really are doing.
If not, you may not be aware that you are not really getting your money’s worth and the promises of this program.
It was mentioned earlier that this program will train you on how to earn by the use of affiliate marketing, but how does it really happen?
Read on!
Training Program of CB Passive Income and How to Earn
Once you become an affiliate, you will be given a webpage where the respondents of your promotions will be redirected.
Your promotions will come from a link that will be sent to you once you sign up for this program. Aside from CB, Patric Chan is also promoting other products from Clickbank.
According to him, products on Clickbank are legitimate so you can be sure that their products are good.
You can also earn commissions from these products.
With this kind of arrangement, you are actually selling goods for the company.
This is in contrary from their promise that they will train you and will actually work for you.
The email addresses of people who visit this web page, also known as your “secret webpage”, will be sent promotions regularly in order to convince them to join the program.
CB Passive Income Pro – Upsell #1
You will also be asked if you want to upgrade your affiliation into the Pro version.
The Pro version will only copy the emails from your mailing list to another mailing list.
According to the program, this will make you double your income because of the commissions you can earn.
In my opinion, this will only spam the receiver because of the different offers being sent to his or her inbox.
You may check out this video in order to understand the Pro version better.
The next step is you will be required to promote the link sent to you with the use of Soloads, if you are not familiar with soloads, it is basically buying an email list from other Internet Marketers.
Soloads is expensive, and the quality of the email list is questionable.
I would say that most beginners who start acquiring traffic with soloads will lose a lot of money.
Learn how to acquire Free Traffic, this is one of the foundations of an Internet Entrepreneur!
Patric Chan also teaches that you can use other social media platforms to promote your link.
Honestly, Patric Chan never really teaches you anything. Those video training materials are all from Private Labelled Rights (PLR) products.
You are basically paying $47 for low quality training.
In my opinion, I would say that out of a 100% material in the program only 10% is created by the man himself.
Fast Cash Series – Upsell #2
Another way to earn in CB Passive Income is through their Fast Cash Series.
Fast Cash Series is an upsell of CB Passive Income which will teach you how to create a WordPress theme or a WordPress plugin and then sell it.
If you are a WordPress user, you would know that there is high demand for “free” themes, the thing is, are you familiar with coding? If you are not, I don’t think you can easily make money with this feature of CB Passive Income.
To know more about the Fast Cash series of CB Passive Income, you may check out this video.
I also mentioned earlier that I had previously written a review about CB Passive Income’s version 1.0 and that the updated version is now 4.0.
Is there really a difference?
Honestly, I don’t think there was a remarkable change because they still have the similar upsells, the Fast Cash Series and the Pro Version.
Heck, I think there isn’t any changes at all…
Is CB Passive Income a Scam? My honest opinion
If you are new in internet marketing, it is true that you will need training in order to get the value of your money.
There are many other training and affiliate programs that can help you, but I don’t think CB Passive Income is one of them.
This program will only slash your wallet without you noticing especially if you are not knowledgeable with mailing lists and web pages.
Don’t get deceived by their promises, there are other better ways you can earn passive income.
I don’t think it is fair enough that you spend your money, time and effort thinking that this program is actually working for you, but in reality, they are the ones who are earning from you and actually selling mailing lists or products to you.
If you really want to learn the basics about how to make money online, I would suggest that you check out this program.
I’ve been in this industry for quite a while now, and I have reviewed hundreds of Make Money Online programs, so I know which are the ones that will be beneficial to you.
This program that I recommend is definitely one of the best that you can find on the market. It is also the one that taught me everything I know about making money online.
I hope it can benefit you as much as it did for me.
Thank you for reading this review, and I wish you success in whichever decision you make.
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If you would like to discuss more about CB Passive Income, please, feel free to leave a comment below.
Your pal,
Jack
