Product Name: 100k Factory
Product Owner: Aidan Booth and Steve Clayton
Type of Work: Product Selling
Training & Tools: Yes
Overall Rating: 2/5 Stars
The 100k factory is a program retailed by ClickBank which provides over the shoulder assistance with several tools and software that will have you on your way to earning a yearly income of $100k/ a year or approximately $274/ a day.
The program further states that their end goal is to achieve it all in 60 days. If you have ever tried making money online before you would know that not only is this unrealistic but also not possible within this time period.
So, the important question you’d likely ask, should I go for it? Well, to help you answer that question, allow me to break down the whole program in this 100K Factory review.
The first launch of 100K Factory dates back in 2015 and they have managed to make $5.5M in sales and paid out over $2M in commission.
Surely, it was a blast last year given that they have managed to sell so much. The popularity of the product resurfaces with the release of their latest version which is 100K Factory Ultra Edition this April 2016.
Here’s an inside look at everything you’ll have access to in the members area below
Included upon purchase of the product are the following:
⦁ 14 Weeks of Live Training Online by the Creators
⦁ 100K Command Center which tracks and optimizes your online business
⦁ 100K Converter which is a suite of customer acquisition tools
⦁ 100K Case Study which is more like a “copy me step-by-step” video guide
⦁ 100K Coaching Center where you will find technical support and assistance
To start off this review, let’s begin with the three phases of this online training program:
First Phase: Quick Cashflow Injection
This phase is all about bringing you up to speed on how to sell physical products without having to place huge orders or having tons of product items on hand. So how is this possible? It involves drop shipping products directly from China.
Take note that this needs no money down and the items will be drop-shipped directly to your customers. The product also promises high conversions which are approximately 5%. They also teach you how to handle technical issues with regards to the delays of products arrival.
The usual issue on this is the quality of products being drop shipped. It is important that you should check out the products you’d be selling on your website.
Make sure that you select a high quality product that will sell and also order a small quantity for you to do a quality check.
Second Phase: Traffic and Income Automation
This is the part where they show you how to drive traffic to your website by using paid traffic sources like PPC ads. They don’t teach you how to drive organic traffic using SEO methods.
Rather, the traffic you generate to your website would be coming from Google Ads or other paid traffic sources. However, in the latest edition, this is not the case since Facebook ads will be utilized instead.
You will learn how to drive traffic to your website using their software, low cost ads, and viral sharing of content.
Basically, the program doesn’t only require you to pay the initial fee of $2497 but you also have to spend for the Facebook ads and other PPC ads. If you’re willing to spend around $25/a day, too, I guess this program could serve you well.
But for starters, spend $5/ a day and increase your spending once you find the products that convert better.
The 100k Factory will provide you with their own custom made software that will help you categorize your products and automate the process of taking orders.
Yeah, automation sounds great, but it should also be noted that not all sellers are the same. Therefore, you still need to intervene in such matters. It’s not exactly a no-brainer, it requires strategy and it’s not as easy as they make it out to be.
Third Phase: Strategic Expansion
This is the climactic phase of the program. This is where you learn about strategic expansion and turning your income-generating website/s into an online empire.
The 100k Training Program aims to get each customer up to a $100, 000 per year with just four products on one website that you’ll be promoting. That sounds too good to be true, right?
Well, that is if you generate sales that amount to $274 a day.
There have also been claims that some people make between $5000 to $8000 with the websites they made but you need to take into account the number of websites they have and the amount of money they spent which goes to advertising.
Furthermore, the income you generate also depends on the niche and popularity of the products you select to sell.
Take a look at the screenshot below to get a better visual of all 3 phases
Here’s What I Liked About It
- You get 3 and a half months of LIVE over the shoulder training
- They claim to buy your business back from you at $500 if you don’t make any sales within 90 days
- Comes with a wide array of tools including PDF manuals and training videos
Here’s What I Didn’t Like About It
- Extremely overpriced training
- Requires extra costs like Facebook ads and other PPC advertising fees
- Doesn’t teach SEO (Organic search traffic)
- Unrealistic claims that you can make $100K/ year in just 60 days
- Stipulations to their 90-day guarantee
- Makes online business sound as easy as 1,2,3 when in reality it takes lots of hard work
Aiden and Steve believe in their system so much and are so confident that you’ll make money using their proven system that they’ll refund up to $500 of your purchase price if you don’t make a single dime within 90 days.
If you opt to do so and ONLY if you manage to make ZERO sales.
So, if you managed to make a few sales of let’s say at $100 for two products, the money back guarantee is voided. This seems like a pretty useless guarantee especially if you would only sell a few products and didn’t sell anymore.
The reason that they offer this guarantee is simple. Would you be more willing to part with $2500 if you were guaranteed to get 1/5th of it back if you weren’t able to make it work for you or if they offered no guarantee at all?
This is more of a marketing tactic than a guarantee if you ask me.
How Much Will This End Up Costing You In The Long Run?
Besides the hefty fee of $2497 for their training program you’ll also be required to pay for all your advertising and traffic that comes to your website.
This really puts a bad taste in my mouth because if you have no prior experience with PPC or FB ads then you’ll likely end up throwing away hundreds of dollars in a mere couple of hours.
They recommend a daily budget of $25 a day and this can get quite expensive depending on the competition of the keywords that you’re targeting in your PPC campaigns.
Let’s say that you set up a campaign to run for the next 30 days and you set your daily budget to $25 a day.
Here’s how much you’ll be looking to spend
- $25X 7 days= $175
- $175X 4 weeks= $700
Also, unless you join through an affiliate who’s offering 6 months of free hosting as a bonus when you join through their link then you’ll also need to fork over more money for hosting which can also get quite expensive.
What Do Other People Have To Say About This Program?
There are many mixed feelings about this program from many different people. Some people say it’s a complete scam and they feel like they’ve been ripped off while other people say that it’s changed their life for the better.
Take a look at a few other people’s experience below:
Let’s take a look at a much cheaper program that teaches you how to do pretty much the same thing as 100K Factory for a fraction of the cost
My Final Verdict
The training offered within this program is actually pretty decent and I did like the way its setup to run over the next 14 weeks. However, there were many red flags that were raised as I did my research with the main one being the hefty price tag.
If you have the cash to invest that’s great!! Many people are having lots of success with this system and some people have even called this one of the best internet marketing products of the century.
However, most people don’t have $3,000 to invest when they’re first starting out online.
This is basically an internet marketing course that shows you how to sell products online via your website by means of paid traffic sources ONLY.
Why don’t they teach SEO you might ask? That’s a great question and this is another thing that really bothers me.
This seems like a really expensive way to learn internet marketing and I feel that before you get involved with PPC you need to have a good understanding of how SEO works and how to convert with it before investing in paid traffic methods.
Learning how to rank websites and generating natural organic traffic is a more stable way of building an online business than starting out with paid traffic sources.
There are more established companies out there like Wealthy Affiliate that teach you how to do this and have over 10 years experience doing so.
Believe it or not, they also offer a free starter membership where you can learn the basics and get up and running for free. How cool is that?
Learning how to make money online shouldn’t cost you an arm and a leg to get started and anyone who charges you an insane amount of money to do this and guarantees that you’ll make 100 grand in 60 days doesn’t have your best interests in mind.
So what’s your experience with 100K Factory? Were you able to make any sales within 90 days and if not were you able to at least recoup $500 of your money?
I would love to hear your thoughts on this and answer any questions that I may not have covered in my review. Please leave them for me in the comments below.