Before I began this blog site on building passive income, I had come across many programs that claim to help people “Build Passive Income” whether it was online or off. One of the programs I had purchased sounded good, but I had since decided it was a waste of time, money and effort due to the basic underlying method it promotes, and I also have a problem with the targeted buyer. Therefore, this article will discuss why I no longer fully support CB Passive Income, and here’s why… In short, it will discuss the basic marketing message and the difference between making this License actually work to earn “passive” income versus the possibility of losing your time, money, and effort all together.
CB Passive Income is a licensing product created by Patrick Chan. While I am not here to tell you “it’s a scam” or write anything derogatory about Chan’s intentions, I will tell you that the basic premise is flawed, and I base my claim on my experience.
Licensing Software Deal
Chan has, basically, created software that allows (especially) newbie users to learn and “build passive income.” His initial video is pretty straightforward, and he does tell potential buyers that he “will do all the work” once you send traffic to your “special page.” And, that’s where the problem begins.
When I originally viewed the video, it had all the usual messages and the 30 day guarantee, etc. By the end, I decided that $47.00 was not that much to pay to give his product a test run. So, I bought it.
There are a lot of training videos that come with the purchase. I went through the various training videos, and the bonuses, etc., and I began collecting email addresses on the system. As things progressed, I decided to go one step further. I knew I didn’t want to build “natural traffic,” as that is time consuming. I only wanted to work this on a part-time basis, build “passive income,”and to begin as soon as possible despite the fact that Chan does warn people this is “NOT a Get Rich Quick System.”
Fair Warning
So, the fair warning is given, and customers are also told that it will take “some time” depending on how much you promote your special page as well as what he will do via the automatic e-mail funnel system he has set up. The training he provides does go over some of the various ways to promote your own site, and one of the ways to promote your page is, of course, to use paid advertising.
Solo Ads
Well, Chan has you covered there as well. Chan’s customers are given the opportunity to purchase paid “Solo Ad” spots at $50.00 each. Since paid ads are not set up to provide a specific number of ad spots, the amount of money is the limiting factor. Therefore, Chan has two package sizes. One is a $50.00 a month Solo Ad spot, and the other is $100 for “two blocks” of paid Solo Ads per month. This means that Chan and his team, or software, will use your money in the “best way” they know how to advertise your page, and I remember thinking that these spots would be dispersed on a variety of quality sites such as: Facebook, Google Ad Sense, etc.
Once again, it wasn’t a lot of money, so I decided to buy Solo Ads – knowing full well that I had “no control” over where these ads were being bought. Again, I thought I’d give it a try to see whether I reaped any benefits. Sure enough, my email list began to build, and I even made a few sales. I believe that I earned over $100 in sales…. but the problem was that I was shelling out $100 each month for the Solo Ads.
Process of Elimination
I did this for a few months with the intention of giving it a little time. However, I purposely did not promote my page separately. I wanted to see if, by “relying on his experience” and allowing him to buy ads, using his methods alone were actually the best way to earn passive income, and I will tell you that they are not.
During this time, I had signed myself up as a customer on my own page to see what would be sent to me – as a potential customer. As time progressed, the number of e-mails I received from Chan’s site began to drop. Seeing that I was not responding to any of his offers, I assumed that I was put into another list of people who were disinterested, and therefore, were eventually dropped from the list entirely.
Over this time, one thing I did discover turned out to be my deciding factor whether to continue at that time. As a client of CB Passive Income, of course, I can log in and obtain the list of e-mail addresses that have been collected, and I followed some of the links provided. Many showed interesting domain names, and I clicked on few. What I had discovered was that some of these people who joined my e-mail list came from these other domains that were actually other customers of Chan’s because their domain pages were showing the very same information and video that I had on my special page. This raises questions about the Solo Ads, how the money is used, and where the ads actually show up.
Questions and More Questions
Because of what I had found, I can only assume that my paid “Solo Ads” may have been dispersed among his own “network” of customers. Maybe he used Google Ad Sense, maybe he didn’t. I am not exactly sure how this came to be, but one thing I was certain of is that the history trail shows that many came from other customer’s sites.
Intentional or Unintentional
So, while I can’t say for sure there is something fraudulent going on or that Chan’s organization is doing anything deliberately wrong, I can tell you what has happened since. Again, referring to his claim that he was the best one to advertise because he is so successful in doing it, etc., I decided to stop the Solo Ads entirely to see if his auto-emails being sent to my list would provide me with any further sales from these “quality leads” that I had paid for using the Solo Ads option.
It’s only fair to find out for sure that if I am paying for Solo Ads and quality leads, I’d like to know if his methods are even working before I even begin using more of my time, effort and money on promoting my page myself. And, by relying wholly on his experience and methods, that was the only way to make that determination.
Downward Trend
I am here to state that I received nothing further. My list’s growth rate dropped off entirely, and his e-mail system, assuming the auto-emails through him did continue, failed to convert any potential buyer who was already on my list from the Solo Ads I had bought. For these reasons, I stopped my efforts with Patrick Chan’s system, and this is why I no longer support CB Passive Income as a way to earn passive income online especially if relying on the Solo Ad option.
It’s a Number’s Game
The basic premise that people should rely on his experience, allow him to use your hard earned money to pay for Solo Ads, and give up total control of knowing specifically how much money is being spent on what ads and where – doesn’t work, at least not in my case. His claim that he is the “best” way to promote these products is just not true, and I wondered if I had controlled my own ad funds, how many quality leads and converted sales would I have generated. But, that didn’t matter either because, at that point, his auto-emails failed to convert the remaining contacts who did join my list. I can only conclude that it is, basically, a number’s game. The more traffic you build, the more people will join the e-mail list, and the more people who join the list, the more sales you will likely convert. It has nothing to do with his experience.
Recent Research
Now that I am writing this blog about building passive income and providing reviews to help other people learn about different products, I decided to write about my experiences with CB Passive Income. I have also done a bit of updated research for this blog post, and have since read other reviews from other customers. While some people are still promoting this product, as of the date of this post, there are those who are not, and they are outlining the same outcome. So, I now know that my experience is being duplicated with others as well.
If you truly want to view the page and listen to the video via my special page site to make your own determination, my page is still up and running. Click this link to view:
Operation Quick Money / Ms Money Honey
But, if you’re new to the internet, and you don’t know how to promote products, etc., I do not recommend purchasing this product as Chan is, basically, relying on you to promote your own site or pay for Solo Ads while he also has access to the email addresses being collected on his system. While there’s nothing inherently wrong with his system, (We all just want to make a passive income – right?) I just wanted to point out that there are better ways to build traffic and not rely on paid ads at all.
So, if he hasn’t made any changes to the product since I bought it, and you are relying solely on “his experience” and you’re even thinking of paying for the Solo Ad option of $50 or $100 a month, your outcome will likely be the same as mine. The product itself, the Licensing deal for $47.00, I believe, is a good deal. But, the Solo Ad Option is a total waste of money. You will not receive quality leads or sales conversions by relying on Chan’s experience or methods alone, and the question regarding where these ads actually show up – still remains.
Summary
To sum up – if $47.00 is not a lot of money to you, and you wish to purchase the product anyway, do what you wish. But, if you are purchasing the product because 1) you’re a newbie and do not know how, or you do not wish to put in any time, effort, or money into promoting the product yourself, and 2) you’re buying into his claim the he is the best way to promote and advertise his product, that would be a waste of both the $47.00 and a waste of whatever amount you might pay for Solo Ads.
My recommendation is that this product is not for “newbies” or those who solely wish to rely on Chan’s methods of promotion. Assuming you have no ethical problem that the product IS being promoted to “newbies” who wish to earn passive income, but don’t know how AND don’t wish to learn, then, this product is a no-brainer.
For me, I believe that the basic product, the Licensing deal, is better suited for those who will either make the effort to learn and apply what they’ve learned or for those who already know how to promote their special page using their own effective methods rather than solely rely on Chan’s Solo Ads or auto-emails. As mentioned, there are a lot of training videos included, and anyone who makes the effort can learn much from them. So, the question whether to purchase the product lies with the buyer and whether or not any effort will be made on the buyer’s part.
Proceed Only With Caution
My article, however, should serve as some warning to buyers – especially “newbie” buyers. Buyers should know that the program will likely fail if they rely solely on Chan’s Solo Ads and e-mailing system. In order to make this work, the buyer must make the effort to learn and apply some, if not all, of the techniques taught.
With that stated, and with a purchase, I would not recommend purchasing the Solo Ads option at all no matter if you are a “newbie” or you are experienced in SEO. The customer really doesn’t know where these ads are being shown, has no idea what key words are being used, how often and at what cost. If a buyer, instead, learns and applies basic SEO techniques, this program will generate income. It just won’t be as “passive” as the marketing message implies.
This is my review and explanation of why I no longer fully support CB Passive Income. I reserve the right to revisit this product in the future especially after any possible marketing message updates. For now, I do hope this article helps you in making an informed decision about whether to purchase this product, and I do hope that you come back to this site as a regular visitor to discuss the many other ways to build a passive income online or off.
If you’ve enjoyed this post and my product review of CB Passive Income, and you have any questions, please feel free to post comments below. Thank you for your visit!
To Your Success!
~MMH