You might have heard of the the Profit Genesis (a.k.a Profit Genesis 2 or Profit Genesis Reloaded) business opportunity and probably want to find out whether its worth investing in or running for the hills. Welcome to my review and let’s find out what’s on offer with the program.
We live at a time when sometimes it’s really hard to tell a legit business opportunity from a scam.
That is what the internet of everything comes with. The last thing you want is to be lured by a program that promises the good life only for you to end up with zero.
Trust me. That happens a lot.
So just what is Profit Genesis? Is it a scam or legit? Can you make some serious money?
No doubt you want some things cleared. Well, let’s find out, shall we?
Company Name: Profit Genesis
Owner: David Miller (Maybe, maybe not!)
Cost: $37 plus upsells
Here is another Clickbank product that promises to pay you handsomely for a $37 dollar investment. I have reviewed quite a fair bit of many of these programs from Clickbank. I never get tired of hearing the hype.
When you land on the Profit Genesis sales page, there is an intro video that explains to you what the program is all about and how you can make money. The man behind the voice goes by the name of David Miller.
He then proceeds to show you screenshots of all the money he is raking in with these incredible system.
As is typical with most of these programs, you have the usual testimonials of people who are making a killing with the system with minimal work.
He then proceeds to tell you the story of his life as a single father raising is his daughter, Sally who he is about to lose to his ex wife because he is broke. He says he was a plumber who was not making much from his job.
David, you must have been a terrible plumber. Most plumbers I know make good money. He is just playing with your emotions. Don’t believe a word he says.
He talks about how he has lost money to gurus and shiny objects. Right..
Finally his breakthrough comes after he meets a guy who works for Google in a bar who shows him a secret loophole of a 7 billion untapped goldmine.
To cut it short that’s how Profit Genesis comes into existence. If I had a secret loophole of how I can make a tonne of cash, would I share it with some random guy I met in a bar? i bet you wouldn’t.
The story is pretty hyped up. I found it amusing that he is helping people to make money with this system because he made a promise to God! That is a new one.
How it works
The secret that David Miller talks about in his intro video is actually not a secret at all. It is something that has been around for over 10 years.
It’s called dropshipping.
But I will assume you want to really know what exactly dropshipping is all about.
A common feature I see with most online programs that are involved in the make money online niche, is the emphasis on showing you the money before letting you know what it will take to get you there. It really is putting the cart before the horse.
In his presentation video, not once does David Miller mention what you need to do to become a successful dropshipper. The sales page is just a way to whet your appetite for the prospect of making a lot of money with his not so secret tool.
What is dropshipping.
Dropshipping is an arrangement where the retailer does not keep goods in stock but is able to connect customers to a manufacturer, wholesaler or another retailer who then ships the goods directly to the customer.
As a dropshipper you have to come up with a markup of the product price to earn a commission.
This is largely determined on what other dropshippers are charging and other variables. You have to study the market of whatever you are promoting in order to determine what you will charge for the item. Typically, you can earn up to 20% in commissions. As you can imagine, high end items can earn you good commissions.
The process involves you having to set up a website where customers can reach you. When a customer orders, you as the retailer go to the source, buy it and arrange for shipment Once the item is delivered, you keep your cut. A good place to find products that you can promote is Aliexpress. Amazon and eBay are also pretty popular especially for beginners.
There are a lot of technical details which go into setting up your online store. You might have to test several products to learn which ones are likely to earn you good profits. You also need to have money set aside so that if orders start coming in you are able to purchase and ship. In other words, you are not going to start today and make money tomorrow.
Making money in dropshipping is certainly possible but the overheads in investment can add up pretty quick. Unfortunately and sadly enough, Profit Genesis gives you the usual generic training that makes it seem as if it’s all easy to go into dropshipping.
They are not selling you a secret. If you want to learn all about dropshipping, you don’t need to pay money to this clowns. There are plenty of free resources online where you can get this info. Here is one for you.
We don’t exactly know who runs the show with Profit Genesis. It could be David Miller, but then again, not once do we get to see his face throughout the presentation.
Something tells me, he is just hired to give you this long sob story. If you have confidence in what you are selling why would you hide behind the shadows.
Lack of transparency. That one is pretty obvious. The sales video is just meant to get you into the doorway without giving you the facts on what you are really buying into.
If you look at those testimonials you can tell it’s obvious they are paid actors from fiverr.com. I have seen a few of them. It’s not hard to spot, when someone is putting up a show. Body language speaks louder than most words.
Of course there are upsells. There is the Speed Success Secrets, Top 10 High Demand Products and Speed Cash Profits. There are sugar coated as bonuses but essentially you have to pay for them.
Success in dropshipping
All online businesses depend on traffic to thrive and that is no different in dropshipping. Traffic simply means visitors to your store or in the case of online businesses, website.
Its important to understand that you cannot have some automated, push button software that will do all the hard work for you, like Profit Genesis want to make you believe.
It takes a lot of hard work to succeed in any form of business.
If you are hoping to go into dropshipping, here are 3 ways you can attract traffic to your online store.
- Paid Traffic. Paid traffic is pretty self explanatory. You pay to get visitors to your site. It’s sort of like advertising on TV or radio. Run the ad, the masses listen or watch it and hopefully if the ad is a success, you will have folks tripping over each other hoping to catch the wave. Bing ads is commonly used as a paid traffic marketing tool.
- Social media. Social media is complicated. With social media, you need to understand who your target audience is. Don’t spam your buddies with your opportunity.It wont look good on you. If you want to reach a wider audience, you might have to invest deeper in your pocket.Like in Facebook ads.Typically, conversions with Facebook on the make money online niche is meager.You might want to check out Pinterest as a social media business focussed platform. It has a better conversion rate since its algorithm works like a mini search engine.
- SEO (Search engine optimisation). This what is referred to as organic traffic. Google and other search engines like Bing and Yahoo love content. Not just content but good high quality content that is unique and offers value to the reader.The content must also target low competition keywords for it to stand a good chance of ranking high in search results. Learn more about keywords. Give search engines what they love and they will heavily reward you for your efforts.
No. 3 is of course what I would urge you to go for, if you are hoping to succeed in dropshipping. The great thing about SEO is that it doesn’t cost you a dime to grow your traffic. But, you will have to do some serious heavy lifting before you can make money.
If you have some experience then don’t look for a quick easy way out. Believe me, I have been down that route. I have lost money a couple of times on such programs.
Is Profit Genesis a scam?
Not quite since you can always get a refund from Clickbank if you are not happy with the product. I also think as a newbie you can pick a thing or two. The process of getting a refund is, however not always straightforward.
Would I recommend it? Absolutely not.
You can’t learn dropshipping by getting things done for you or taking shortcuts. When you go online, you will find some positive reviews on programs like Profit Genesis.
I have reviewed several programs of this nature on this site. Here is a list of some that seem to follow a very similar trend.
The reason why his sort of hyped up done for you programs receive some positive reviews is because people get paid commissions when others buy into the hype.
Do you honestly believe it’s possible to make $5000 in a week from a $37 investment?
I don’t do dropshipping because I think it’s too involving and the overheads can be quite on the high side. You might have to invest a couple of thousands of dollars before you start seeing results. You can make good money no doubt, but the alternative for me is affiliate marketing.
Why I think it’s a great model of business, is because you earn a commission when people buy a product through a link within your website. You don’t have to work out commissions or even deal with merchants or clients.
In the years I have been in marketing I have come to appreciate the fact that the only way you can make money online for the long haul, is by having your own website.
Not one that has been provided for you, but one you have built from the ground up. You don’t even need to spend money to own one.
Whichever form of online business model you may want to go with, if you follow the right strategies and apply them to your website, you can be assured of building a stable flow of income for years to come.
I have been building this site for a while now and it generates me a consistent income.
It’s taken a lot of patience, hard work and total dedication. That is the way the game plays out and it’s something I would not take shortcuts with. You have to go the full yard.
I would highly advise you to check out my number one recommendation. This is an independent community based education platform that has stood the test of time and continues to get better with each year.
Here you learn the real deal on what it takes to become a truly successful online marketer. Best of all its 100% FREE to get started with. (No credit card required). You also get 2 FREE websites. Yours to keep for life. Check out the steps I followed and see if it’s a good fit for you. You have nothing to lose.
Many thanks for reading my review. If you have a question or a comment on the Profit Genesis business opportunity please leave it below. I would love to hear from you.
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