TV information product sales pitches rely on credulity Let me save you some time and money:
*Internet:
What is referred to as Anthony Morrisons system in the infomercial isnt really a system at all but a front for affiliate marketing to the uninitiated. The claim is that his sales program will walk the buyer through making an income from promoting the products of established companies but the oldest example of such a business model is the Amazon Associates program where people act as affiliates for a five percent referral fee for the sale. So, youd have to refer roughly $100,000 worth of business to earn $5,000, and then think about doing that each month or every few months its not going to happen. This Amazon sales program has been going on for over ten years and there arent many people who can make much income from it. The one thing Anthony leaves out is how you get massive amounts of website traffic without paying for it you need thousands or hundreds of thousands to millions of website visitors because only one or two percent of them will convert to a sale. He doesnt mention it because its nearly impossible. As of April 2008 its been estimated that there are 162 million websites good luck getting yours noticed and driving a sale to someones site. *Updated 8/10
Real Estate no money down:
Carleton Sheets and other real estate program hucksters provide outdated techniques for acquiring property at little or no cost. Ask your banks mortgage department theyll tell you it is foolishness. The only way to get a good deal is to take advantage of another persons misfortune – they dont mention that in the infomercial.
Cash Flow notes:
This one has been around for fifteen years or more by various companies, at first they offered seminars to introduce you to the business. I spoke with the operator of the seminar and he couldnt prove he had any substantial income from cash flow notes. The cash flow notes infomercial simply says: 1) Find them 2) List them 3) Make money. But thats not even a three step process: 3) is a result, not a step
No one is going to find them for you and why would any serious buyer pay a mark-up price when if its so easy to find the notes, the buyer could easily work with a note holder directly? Call a few note buying firms directly and ask them how the industry works and tell them about that wonderful two step process which you hope will bring you a large income they could use a laugh.
Forex and stock trading infomercials, etc.
They claim: Just follow the arrows
Just show me your tax returns and audited financial statements.
If its such a wonderful program why dont you trade it with real money for a year or two and then come back to me
Ive got a system too, its called you flip a coin until it comes up tails ten times in a row and then Ill listen to you infomercial jerks.
