The Wealth Network Review – I got Scammed!?
Name: The Wealth NetworkWebsite: www.thewealthnetwork.com
Income Opportunity rating: 2 / 5 Stars
#1 Recommended Online Business Training with Proof: Click Here
“The Wealth Network is not a scam, but it is dishonoring its refund policy and there are some issues that I think you should be aware of before you join.”
So, you are introduced to The Wealth Network and you wanted to know if this is a legitimate opportunity for you to make money online.
You’ve come to the right place, because in this review, I’m going to share with you everything you need to know to make an informed decision.
I’ve done a detailed research on this program.
I’ve even bought the Platinum membership to do this review, so you don’t have to spend your money if you don’t feel it is the right program after reading this review.
The Wealth Network Scam – It’s difficult to get a refund!
I’ve bought the program to see if it is worth the money, and if I didn’t like the program, I will ask for a refund, and that’s what I did (not saying that this program is not worthy, please read the full review below).
However, I’ve encountered some issues when I was asking a refund. For your quick information, I’ve gotten the refund after several probes. You can read the story below.
What I hate most is that they kept closing tickets without offering any value or solution. So, I opened another ticket:
Yet again they closed the ticket without solving anything.
They’ve provided a link as you can see above, and it sends me to this:
A day later I checked the same link, and there’s no change, checked my email, and I didn’t get email from an advisor.
My main concern was that I am not willing to pay the recurring membership fees, and there’s no easy way that I can cancel my membership other than contacting the support.
I resort to contacting my credit card company.
So, please beware of this program.
Don’t worry, I won’t Rant, I am still objective…
Fine, I’ve lost money, but don’t worry, I’ll still give you an objective review instead of ranting.
To start off, I’ll give you my overall opinion about the program, and then I’ll go into the details.
To be honest, I was enthusiastic about this program when I first came across it.
It does seem like a good program to dive into, plus I could sign up as an affiliate for free and promote it to you.
However, after signing up and going through the program in-depth, I have mixed feelings about the program. I’ll tell you more below.
But, to justify if The Wealth Network is a scam, I would say that it is not, but I’m second guessing because they are are not honoring the refund policy.
An Online University that taught me how to earn a living online and fire my boss. Interested?
What is The Wealth Network?
The Wealth Network (TWN) is a learning platform which teaches you how to set up an e-commerce business even if you don’t have anything to sell.
There are basically two core courses within the membership.
The E-Commerce course which consists of (1) the Amazon Training Module and the EBAY Training Module, and (2) the Blogging course by itself.
The Amazon Training consist of 10 lessons for the Gold Membership (approximately 75 mins worth of video training) and an additional of 10 lessons for the Platinum Membership (approximately 69 mins worth of video training).
In short, The Amazon training teaches you about Retail Arbitrage.
The EBAY training consist of 7 lessons for the Gold Membership (approximately 55 mins worth of video training) and additional 5 lessons for the Platinum Membership (approximately 39 mins worth of video training).
In short, The EBAY training teaches you about Drop Shipping.
The Blogging training consist of 8 lessons for the Gold Membership (approximately 61 mins worth of video training) and additional of 3 lessons for the Platinum Membership (approximately 61 mins worth of video training).
In short, The Blogging course teaches you how to be a blogger.
Why I have mixed feelings about TWN?
Before I join TWN, I was already acquainted with the concept of Drop shipping and retail arbitrage.
That’s all thanks to the research for the other reviews like DS Domination and Infinii.
DS Domination and Infinii are both learning platforms that teaches Drop shipping and retail arbitrage, much like TWN.
In fact, the founders of TWN were once top affiliates of DS Domination and Infinii, so you can expect that the knowledge that you get from TWN are rather similar to DS Domination and Infinii.
Honestly, the reason I join the program was because I was attracted to the e-commerce training. I thought I was going to learn something new.
If you have read both my reviews on DS Domination and Infinii, you would know that I am not a big fan of drop shipping (1) or retail arbitrage (1).
Retail Arbitrage has moderate to high risk with little return, and drop shipping requires a lot of hard work but small returns as well.
I am an affiliate marketer, and I like the concept of affiliate marketing because of the low risk and high return in a long run.
That’s my personal opinion.
For what it’s worth, there are people who do make money from Drop Shipping and Retail Arbitrage, so I can’t say that drop shipping and retail arbitrage doesn’t work.
Now to the blogging course…
As I dive deeper into the blogging course, I realize that Jesse Singh (one of the founders of TWN) is teaching a grey hat strategy to get Google ranking.
While the strategy still works today, I would say that it is a matter of time before Google plunge the loophole, and anyone using the strategy will be penalized.
I am a big follower of the search engine updates, and I disapprove grey and black hat strategies because it is just not sustainable in the long run.
In my opinion, I wouldn’t recommend TWN to you because I know that there are better opportunities.
Why I am not a fan of Retail Arbitrage and Drop Shipping?
Reason 1: Too Many People using the Same Strategy
It’s a cut throat business.
Imagine thousands upon thousands of people using the same strategy to source for products to profit from.
Listing the same type of products on Amazon or EBAY and the only criteria that determines the sale is the price.
You’ll start slashing the price just to make the sale, and before you know it, your profit is all eaten up.
Reason 2: Fees, Fees and Fess
Not only you have to worry about the selling price, the fees (from Amazon or EBAY) can get a huge chunk out of your profit margin.
If you are not careful, you can make a loss instead of profiting from it.
Reason 3: It’s a Too Manual
Here’s what you basically need to do if you are a drop shipper (this was shared on the Infinii review):
1. You have to source the item2. List the item on eBay or Bonanza and wait for the sale3. Get the shipping address of your buyer4. Purchase the item from the supplier (like Amazon, overstock, Walmart, wayfair, etc.)5. Input the shipping address of your buyer6. Copy the mail tracking details7. Getting back to eBay to inform you buyer of the tracking details
Plus, managing refunds (if any) are tedious and unrewarding.
You can’t just take a 2 weeks vacation and let your drop shipping business run on its own. Your business reputation will be tarnished if orders are left unfulfilled, and nobody will trust you as a seller anymore.
Honestly, drop shipping works if you are selling unique products.
Now, if you are operating a retail arbitrage business, the process is a little simpler and more automated with the involvement of “Fulfillment by Amazon (FBA)”, but you’ll have to take the initial risk to purchase the items as your inventory.
Reason 4: Lots of work with Small Return
You are doing all the work I’ve mentioned above for how much? $5, $10, $40 of profit?
Retail arbitraging and drop shipping is a full-time business.
You really have to spend a lot of time in order to earn a substantial income.
When you stop working, your income stops.
That’s why I prefer Affiliate Marketing because everything is automated and all the effort you’ve done is accumulative.
You’ll still earn a decent income even if you do not work for months (that’s given if you’ve set up your business properly).
An Affiliate Marketing Course that allowed me to Fire my Boss and work online Full-Time!
Reason 5: EBAY is Dying
Well, I don’t know how true it is…
In the articles written by “the Tech Reader” and “Time” you’ll see why the Ebay is dying.
Here’s a quote from “Time.com”:
Parsing e-commerce sales is still a matter of guessing at a fragmented market, but here’s the bottom line for eBay: It’s not just that auctions aren’t popular now, it’s more that eBay’s transition to regular e-commerce has hit a wall. Its Web site redesign is already dated. It’s struggling to stay high in Google searches. Many of its most trusted sellers can also be found on other sites, like Amazon. eBay is just one of many shingles they hang out these days.
The Course Breakdown
Now, let’s dive right into the courses…
The Amazon Module
In here, you’ll learn about Retail Arbitrage.
The first lesson will give you an introduction of Fulfillment by Amazon (FBA).
The goal of FBA is to make the life of the retailers much easier by handling the logistics and shipment for the retailers.
This will reduce the cost of the operation significantly for the retailers because they don’t need to worry about the logistics, storage space, employees, etc.
All they need is to pay a small fee to Amazon.
Lessons 2 to 5 will walk you through the process of setting up an FBA account, protecting your account, and an introduction on what you need for your Retail Arbitrage business.
Lessons 6 through 9, you’ll learn the nitty gritty of retail arbitraging.
You must be wondering what has FBA got to do with you? You have no products to sell, right?
You’ll learn how to source for profitable products, purchase them and ship them to the nearest Amazon’s warehouse for storage.
Then you’ll list your products on Amazon and wait for the sale to happen.
There’s a risk involved because not all products will be sold, and if you are not careful, you’ll make a loss by selling the products below your cost price (that’s if the product is not popular).
So, careful research and calculation is required if you want to be successful with this business.
The knowledge that you’ll gain from the Amazon Module and the EBAY module will not give you an edge on your competitors, however, the Profit Spy may provide you with the edge.
Profit Spy is basically an internal system that sources out profitable products for you, but you have to read the fine print carefully (In the red box above). The Profit Spy is only available for TWN’s Platinum membership.
An Affiliate Marketing Course that allowed me to Fire my Boss and work online Full-Time!
Why I am not a Big Fan of the Grey Hat strategy taught in TWN’s Blogging Course?
The blogging course is lead by Jesse Singh, who is the owner of several affiliate sites like marketingxtreme.net and hotmlmcompanies.com. These websites use the same grey hat strategy that is taught in the TWN platinum membership.
The grey hat strategy is called “Private Blog Network (PBN)”.
Source: lionzeal.com
In 2014, after the introduction of Google Panda, Blogs that use PBN to “trick” Google, gets what they deserve (being penalized).
Just imagine trying so hard to build your website to find it being penalized by Google because of a strategy Google do not recognize.
Your business dies in days after Google cuts you off from its search engine.
Well, Jesse Singh was one step ahead of Google at the point of Google Panda, and he still uses the PBN strategy in disguise.
“If you think you are smart, someone else is smarter”, that’s what I always believe in.
It won’t be long till Google realizes this loophole.
A Course that teaches you how to rank your website on Google the proper way. Interested?
How much does it cost to join TWN?
- Gold Membership – $49.99 per month
- Platinum Membership – $149.99 per month
My Sincere Advice to You
As you may probably know, I can easily earn a commission from TWN by putting a good word about the program just to get you to sign up.
But, I just couldn’t do it because I don’t particularly like what is taught in there, and I know that there are better opportunities out there.
Plus, I just couldn’t stand products that do not honor their refund policy. I just want to post this image again:
Honestly, there are other business opportunities that are better than this.
I’d highly suggest that you check out this program because thousands of individuals, including me, have made a significant income online with its help and guidance.
It is the same program that taught me how to earn a living online and fire my boss.
Thank you for reading this review! I hope that I have provided you with all the information you need to make a decision.
If you find this review helpful, please, help to share it by clicking on the social media buttons.
If you wish to discuss more about TWN, please, feel free to leave a comment below.
Your pal,
Jack
Thanks for a detailed review on TWN. The TWN does not sound like a scam site but personally, looking at the comparison between the Gold and Platinum membership and the facilities offered, I would choose Platinum. But $149.99 per month fee is just too costly and I would decline because of the cost factor. Thanks for letting us know its seemingly deceptive refund policy. That is enough reason for me to not try TWN.
Thanks Sukumar! I really hope that TWN can improve their support team.
Other than that, it is a legitimate opportunity, but I agree with you that it is too costly.
Plus, the quality of the video training looks as though they are recorded a while back. They are pixelated.
Cheers!
~Jack (BareNakedScam)
Well that’s enough for me really – that ridiculous refund journey you have had to go through is enough to put anyone off this system!
I can’t imagine getting to the point where I have to contact my credit card company – that’s criminal.
May I ask if you are free from their services now? Once you had contacted your finance providers?
I got the full refund from them after the third try.
Luckily I didn’t have to resort to the financial providers in the end.
Cheers!
~Jack (BareNakedScam)
Very interesting article, I enjoyed the style and flow easy to read with the spacing between sentences. I have only recently heard of the grey and black hat strategies and feel if you need to cheat the search engines you are not putting in enough effort to truly succeed online. Thanks for the heads up I will stick with something I know and trust.
Thanks very much for your comment Earl!
Cheers!
~Jack (BareNakedScam)
Hi there. I just finished going through your extensive review of the Wealth Network. Wow, I learned a lot here! Many thanks.
I always like to keep in touch with whats happening in the online world and i’m always happy to learn a new way to make money online. I’ve looked into drop shipping before, but most of the courses make the process sound really easy. You have just confirmed my suspicions that this business isn’t so easy after all.
That’s really bad that they avoid giving out a refund as well. Customer service should be No.1 priority. So its quite clear that these people are just out to make money.
Hey Andrew,
Luckily I got my refund back after several probes.
Though Drop Shipping is tough, I can’t discredit that people can still make money from it. I do see good value in those training though.
Cheers!
~Jack (BareNakedScam)
Good Day, Jack.
Thanks for this very detailed review of The Wealth Network.
Unfortunately, many of us get scammed once in a while throughout our lives. We all begin these new adventures full of hope and optimism.
In this lengthy review, you describe all of the pitfalls that make this program questionable.
Personally, nothing is more frustrating than playing e-mail tag with some “unknown” entity in cyberspace.
n my case, a request for a refund is based more on principle, as it cannot be justified in time or effort.
Our egos do not like getting scammed as well.
These “scammers” are all quick and thorough at extolling the virtues of their programs.
They all have special techniques that will guarantee you that million dollar dream, however, for many of us who live in the real world and earn our living from the entrepreneurial skills we acquire over time, scams are getting easier to spot.
In addition to spotting these scams more easily, there are many excellent reviews, such as this one, that offer this special service to new entrepreneurs.
Did you ever receive a full refund?
How many actual contacts have you placed in this attempt to get your money back?
Paul
Hey Paul,
Thanks for your comment!
Yes. I did get a full refund after the third try. Thanks for your concern.
I am glad that this program didn’t turn out to be dishonourable, but the refund experience was not pleasant.
Cheers!
~Jack (BareNakedScam)
A great review. I like the thoroughness when you opened up the TWN program. While there are a lot of modules and information about online business inside it, it seems to me the program is overpriced. $150 per month for something like that is cutthroat! I swear i can get the exact same info from free blogs or even YouTube. Thanks for the very informative review!
Thanks for your comment Isaac! I agree, $150 per month is a little too much.
Cheers!
~Jack (BareNakedScam)
Hi Jack
Thanks for the heads up on The Wealth Network.
I did drop-shipping years ago, before the internet and I can only agree that it is hard work. Keeping track of the orders and ensuring the product company does their job and timely. It also means the product company have a ready made address list of your customers.
It only takes one undelivered item and an unhappy customer can cause a great loss in business. It is all a bit old-fashioned.
$150 a month is $1800 a year for the Platinum membership of The Wealth Network. I would want something very up to date and effective for that kind of money.
I like the look of affiliate marketing and Wealthy Affiliate looks a lot cheaper, doesn’t it?
Also, it looks a lot more comprehensive.
Good review, thanks again Jack.
Thanks for your input Happy!
Yes. Wealthy Affiliate is a lot more cheaper and way comprehensive in terms of training (if that is what you mean).
However, it is not a fair comparison because Wealthy Affiliate has been around for many years, and TWN is only in its infancy stage. Who knows if TWN will include more training in the future.
Cheers!
~Jack (BareNakedScam)
I have been considering some online opportunities recently but you have almost scared me away from them. I guess a better way to put it is you have given me pause to look deeper into them to make sure they are right for me.
I love how you show the screen shots of what you had to go through with some of the companies. It’s great when you have the proof and it’s not just you making a statement so that others will follow your advice blindly.
This really has been a big help to me. I will be referring back to this article many more times in the near future.
Thanks for your comment Rick! I am glad this review helped!
Cheers!
~Jack (BareNakedScam)
Wow. That was very interesting. Thanks for that review. I knew there was something familiar about that strategy. I was a member of DS Domination and made some good money while it lasted. Based on what you wrote, I don’t think TWN is a good investment either. Thanks for the head’s up.
Thanks for your input LaShaun!
I’m sorry to hear about your terrible experience with The Wealth Network! I’ve heard of this before and now I know to stay far away from it. Unfortunately sites like this will also cause problems for users.
I wouldn’t say that Ebay is dying, either. Sure, Amazon has a ridiculous hold on online shopping, but Ebay still offers individuals to sell their things in a way that Craigslist or Facebook Market can’t.
Hey Joe,
Thanks for your insights on EBay!
Honestly, I’ve heard many sides to EBay and I still can’t decide if it works.
I hope someone can provide clarity to this.
Cheers!
~Jack (BareNakedScam)
Hey there,
I feel like you are the person who understands me. I also love online stuff but I really hate to be too technical as it makes me be afraid and bored at the same time.
After reading this review, I realized that the wealth network is definitely not for me. Do you think your recommendation will fir someone like me, who does like to get techy.
I really need an online strategy that will make me good money.
Hey Dave,
Thanks for your comment!
As a non-techie guy myself, I find the most pleasure working with the program.
Hope this helps.
Cheers!
~Jack (BareNakedScam)
Hi.
I was about to skip your article when I read how impossible it is to get a refund from this program. But your comment on dropshipping made me paused. While I agree that the process is as what you stated, I disagree that it’s the lowest price that get the sale. There are certain techniques that when apply will land you some sales in Ebay, even when you’re not the cheapest ones. Just sharing my thoughts and thanks for the insightful review.
Thanks Kenny! This definitely adds value! I’ve never seen drop shipping in this light, but I will be mindful in the future.
Cheers!
~Jack (BareNakedScam)
First off – I appreciate the thoroughness of your review! I ran across The Wealth Network and was curious about their offerings, but by reading your review I can easily decipher areas I might get value from and areas that I’d likely gain nothing by joining. It’s clear you took the time to understand their offerings, use them yourself, and then analyze what you’ve experienced so the rest of us can make an informed decision.
Secondly – I completely agree on the Ebay comments. I used to work for an Ebay seller which facilitated average individuals in selling their items online if they didn’t have an account or just wanted someone else to handle it for them. We had big investors, lots of marketing, a network of franchisees nationwide who would pick up items we approved and photograph them and then ship them (when/if sold). The $ just wasn’t there, the margins not big enough, the logistics too much to sustain the company. They wound up going bankrupt despite best efforts and a lot of smart people and $. This was despite people calling them to offer items to sell for a % of the sale, not even their own items or product, yet still failed. I wouldn’t try to make a living on eBay, not after that experience.
I did want to ask if, in your experience while in their program, others found value in it – was there successful individuals in the program that just managed to find the right combination of ‘the right stuff’ to be successful? Or do they largely depend on new sign ups trying them out in order to stay afloat?
Hey Sarah,
Thanks for your insights on EBay!
As far as I know, there are people earning from the e-commerce side of things. Their Facebook group shows some statistic of people earning as a result of their training.
Cheers!
~Jack (BareNakedScam)
Wow, just now reading what you went through in trying to get your refund back after you invested money into this phony site, it is the type of fraud program that ANY logical-thinking individual would want to avoid – especially after reading your review.
The one ideal that I always look for in reviewing online business opportunities myself would be the amount of specific info being provided on that particular website itself concerning the level of educational training that would be taught to any person thinking of becoming a member.
You see, what I have found is that so many programs fail to give a true picture about the type of training that would be provided to potential members, especially if they were “newbies” who would have to go through a steep learning curve. The people who run these types of online business ventures expect that individuals would just naively hand over their credit card seeking to join. These individuals for the most part also fail to perform any adequate research on what the opportunity, plus any available training, that would be a huge part of the program.
Too late after discovering the opportunity was nothing but a scam, these individuals realize that they have been burned. And as you did, attempts to get a refund back from their original investment are often stone-walled.
Just from reading your review I can detect that TWN fails to provide ANY evidence on their website in revealing what their program would have to offer in helping a member promote/market his/her business.
Because of that fact, plus having scars myself in foolishly joining what turned out to be bogus online business ventures in the past, I would not invest one penny into a program like TWN.
Sorry that you had to lose your $149.99 for the platinum membership, as you only sought to find out what this opportunity was about.
This program, most definitely is a loser!!
Jeff
Hey Jeff,
Thanks for your comment!
After my third try, I’ve finally gotten my refund, but it wasn’t a good experience entirely.
As for the training, they do provide some quality training on e-commerce, but I just didn’t particularly like the Blogging section.
However, the quality of the videos are quite bad. Looks like they were recorded years ago being they are pixelated and all.
If you asked for my opinion, I would say that the courses are definitely not worth $149.99 per month, maybe $39 per month is justified.
Cheers!
~Jack (BareNakedScam)
I wouldn’t like to be involved in a drop shipping business as I have no passion about it. I would prefer a lot more to write content that I am passionate about. I also don’t like that you have to spend time doing this kind of boring stuff, I try to focus only on businesses which will make me passive income.
Thanks for your comment!
Cheers!
~Jack (BareNakedScam)
Hello Jack!
I’ve heard about the wealth network before, but to be honest it didn’t win my attention, even though I’ve read many reviews about it. After reading your honest review I’m pretty certain that is not something I will bother searching anymore. I hope you find a way to get a refund soon!
Hey Antonis,
Thanks for your comment!
I am still waiting for my refund that they’ve promised. I’ll update this review once the refund touches my account.
Cheers!
~Jack (BareNakedScam)
Hi, drop shipping sounds like an extremely labour intensive process for a very small payoff. Like you, I much prefer affiliate marketing. Whilst it is lots of work it is more self sufficient and far less manual.
Would you mind explaining the grey hat strategy you mentioned? I’m not familiar with that term. I’ve heard of black hat but not grey hat. Not that I plan on using it of course!! I’m just interested to know what it means.
Thanks
Hi Melissa,
Thanks for your comment!
Grey Hat Strategy means that strategies we do not know Google will discover and penalize. Anything that is not white hat, nor black hat (strategies that the Big G disapprove), is considered grey hat.
Hope this explains well.
Cheers!
~Jack (BareNakedScam)
A review like this will definitely help other people looking for a genuine program that can help them learn and try to earn income from the knowledge they gain from the program. Internet marketing has been overloaded with programs, software and push-a-button programs and some of them really tarnish the industry by not following their own terms and conditions.
Being a person that bought a lot of online programs before, now I will make a habit to search for a review before commit to join. A balance review like will definitely help people making an informed decision before giving away their credit card/pay pal payment.
Thanks
Thanks for your comment Joe!
Cheers!
~Jack (BareNakedScam)
There is something very disheartening about companies failing to reimburse their customers. We put trust into these sites to help us become wealthier and are let down. Thanks to you these kind of sites are being highlighted so people are made aware of them. Thank you for the work you are doing, I appreciate it.
Thanks for your comment Dagda! I’m waiting for my refund in 8 to 14 working days, they’ve just responded. Once I receive my refund, I’ll update this review again.
Cheers!
~Jack (BareNakedScam)
Hey Jack. You’ve done a good job in exposing The Wealth Network. And sorry for your mishap that they didn’t refund your money.
Legit firms ought to honor their policies, but in this case it just shows that they are not legit. Companies as such have no business to be in business.
Hey Jon,
Thanks so much!
Now, after several probes, they’ve agreed to refund me within the next 8 to 14 days.
Once I receive the refund, I’ll update this review again.
Cheers!
~Jack (BareNakedScam)
The issue that caught my interest in The Wealth Network is their unfaithfulness in the implementation of the refund policy.
I had an experience with ClickBank when I mistakenly entered to their online education and I paid $47.
I wasn’t able to take the refund because of their slow response until the deadline was overdue. So I wasted my money there. Many of us know that ClickBank is a good company but it doesn’t mean that it has no weakness.
I think a company that really seriously considers the importance of people joining has to have an orderly systematized way of addressing the urgent situations and I would agree with you on that matter.
Hey Abagatan,
Thanks for your comment!
After several probe plus a threatening header, they finally promised to refund in 8 to 14 business days.
Will see how it goes and I’ll post an update later on.
Cheers!
~Jack (BareNakedScam)
While I am not familiar with TWN, I am always interested in hearing objective reviews about any companies. Too often people will lie about a product simply to get you to use it. It’s nice to know that there are still good people out there that will call companies out on their product flaws. You did so in a manner that was totally professional. You didn’t slam them, but merely exposed that flaw to the world. Sorry to hear you had a bad experience. While I like to keep informed, I would never want anyone to be scammed. What they did to you is definitely wrong. Hopefully you get some form of justice.
Hey Michelle,
Thank you for your comment!
I’ve gotten a response from them after several probes and now they said to refund me in the next 8 to 14 business days. Let’s see if I really get the refund, and if yes, I will update this review.
Cheers!
~Jack (BareNakedScam)
I have not tried the wealth network or their dropshipping course but I myself do not like drop shipping considering that I may have had items that I have ordered on amazon be delayed because of a drop shipper. I am surprised you say it is a full time gig and that you can’t leave it considering other people have told me dropshipping is a way to make passive income.
Hey Jessie,
It is not passive because you have to constantly source for items to sell.
When there’s no items to sell, your business dies. Period.
Thanks so much for your input Jessie!
Cheers!
~Jack (BareNakedScam)