30 Minute Money System
There is a new infomercial taking up time on the airwaves called the "30
minute money system".
I have decided to put up a review because so many people have emailed
me and asked me about it. I also have decided to not purchase the system
because a few associates of mine who have ordered called and mailed me
their program.
The TV infomercial advertising the 30-minute money system doesn't really
give a lot of details about the system.
Mostly what you get is a bunch of testimonials of regular looking folks
talking about all the money that they have made using the system. After
reviewing one a friend sent me I will say the following:
DO NOT BUY the 30 minute money system because there really isn't much
content with what you are paying $39 for. The real reason for the system
is to get you to buy one of their two backends.
Just for you marketing newbies: Marketing companies will typically sell
you a front end product and then a backend one after the first thing
you purchased. This is why I am going to issue this general warning: Don't
buy business opportunities off of TV.
You have to understand that a TV infomercial is going to run $300 to
$5,000 depending on the channel they are buying time from. That means
companies can't make money off of a $40 to $50 package. To make a profit,
they are going to have to try and sell you something that costs $500
to $5,000 a few weeks after your initial purchase.
The Internet and magazines are much cheaper and do not have this same
problem. . This is exactly what the 30-minute money system does. I don't
begrudge them trying to sell you something else. That is how businesses
work but I call them a scam for the two backends that they are trying
to get people involved in.
A coupon program: A program where you can sell coupon books to friends
(and through the mail) In fact the FTC has issued general warnings against
people buying into these very same programs.
Igrapevine: An overpriced program where you can sell web sites. Igrapevine
sells a template based site that will create a web site for you. The
sites it makes are not that attractive and aren't worth the money they
are charging. They charge a lot of set up as I imagine they aren't going
to be around for a long time.
Since the 30 minute money system really doesn't have much substance
and promotes two weak backends, I think you can see why I don't recommend
it.
Matt Gagnon
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