Have you stumbled upon the Speed Wealth Commission System as a way to make money online?
If you have landed on this review, then chances are that you may be wondering what exactly this system is all about and whether or not this is another scam thats targeted towards taking your money and leaving you with nothing?
This system actually landed in my inbox the other day and like many other programs of this nature they claimed that I could start out earning $10k a month online by simply plugging into this system and letting it do all the hard work for me.
Even though I knew that this wasn’t possible, I was still pretty intrigued to look further into this and I’ll be revealing everything that I found in the following review.
I’ll be showing you exactly what you’ll be getting yourself into as well as what you’ll be doing and how much this will really end up costing you in the long run.
I’m sure you guys have many questions for me about this system and I’ll be doing my absolute best to answer each and every one of them in this review so I encourage you to stick around and continue reading for all the details.
Speed Wealth Commission System Review
Name: Speed Wealth Commission System
Company Owner: Matthew Neer
What You Get: Funnels & Landing Pages
Price To Get Started: $27+ Upsells
Overall Rank: 1/5 Stars
What Exactly Is The Speed Wealth Commission System?
This system was created by Matthew Neer which is no stranger to the internet marketing world as he has created many similar systems like this one in the past.
This product launched on the Clickbank affiliate network back in the latter part of 2017 so it has been around for less than a year now but has still managed to build a good deal of hype in that time.
Matthew claims to have created a 100% done for you system that takes all the hard work out of making money online and streamlines this down into 5 easy steps.
I’ll be going into complete detail on what these 5 steps entail below so I encourage you to continue reading.
What You’ll Be Doing Once You Join
Matthew claims that his system is so easy to do that practically anyone can do it no matter if you’re a newb who is just starting out or an advanced marketer with some experience under your belt.
He has broken this system down into 5 easy steps and they are as follows
1) Log in- Setup your account and watch a few training videos
2) Connect Your Commission Account- After you get everything setup you’ll learn where to find your commission account and plug it into this system.
3) Select A Traffic Source- You’ll be able to choose from free and paid traffic sources to drive traffic to your commission link.
4) Drive Traffic To Your Commission Link- Once you have chosen a traffic source you’ll need to drive traffic to your link in order to start generating commissions.
5) Sit Back & Watch The Money Start Rolling In- After you have got everything setup you’ll be able to kick back in your favorite recliner and watch your bank account start filling up with commissions all on autopilot.
However, when it’s used in this way it becomes quite risky and not something that I would recommend to a newbie who is just getting started.
I’ll explain more about what I mean by this here in a few minutes.
How It Works
By this time I’m sure that you guys may be wondering just exactly how you’re going to earn this money so I won’t keep you guys in suspense any longer.
In order for you to earn any money with this system, you’ll need to promote it to others and recruit people into this system using your commission link that I listed above.
You’ll be provided with all the marketing tools, landing pages, and sales funnels to get up and running to promote this system to the next person and continue this vicious cycle over and over again.
There is no real training on how to create anything of value or no tangible products for that matter.
You’ll basically be learning how to spam people and lie to them in the same way that this opportunity was presented to you.
The biggest problem that I have with this system is the fact that no matter what traffic source you use, you won’t make the amount of money Matthew claims or any money at all for that matter.
If you decide to go with the free traffic option he will recommend that you use social media and YouTube (which can be effective if you go about it the right way)
However, the way you are shown to do this is what I like to refer to as spamming.
Instead of making money here you’ll end up losing more than you started with and this could possibly get your account(s) banned as well.
On the flip side, if you decide to purchase traffic from them this could make matters even worse for you as you’ll have no idea where this traffic is coming from and this likely won’t be targeted traffic.
Not to mention that paid traffic can get quite expensive and you could go through several hundreds of dollars in no time and you likely won’t make any sales especially if you’re new to this whole online thing.
The thing that scares me the most about buying traffic from them is that it could literally come from anywhere even from traffic exchange sites where people are getting paid to click on websites like the one you’ll be advertising.
At the end of the day, you’ll end up losing more money than you paid for this system and you won’t make a dime with this system once it’s all said and done.
With that being said, let’s find out how much more money you’ll need to cough up and reveal some hidden fees that I discovered while I was on the checkout page below.
Hidden Fees & Other Costs You’ll Need To Pay
Don’t you just hate it when someone tries to hide something from you and isn’t exactly upfront with you on the costs associated with their product or service?
If you’re anything like me, then you hate this and this puts a really bad taste in my mouth about this system.
To gain access to the core training you’ll need to cough up at least $27 just to get your foot in the door and Matthew claims that you’ll make this back in your first few minutes after you get everything set up which is another pathetic lie.
Once you arrive in the member’s area there are plenty of other upsells that will be thrown in your face and I’ll list these for you guys below.
- Upsell #1- $199 Email Campaigns
- Upsell #2- $97 Done You You Landing Pages
- Upsell #3- $197Digital Millionaire University
As if that wasn’t bad enough, there is also another hidden recurring monthly fee that Matthew tries to sneak past you if you aren’t paying attention and I’ve captured this screenshot for you guys below.
Nowhere throughout the entire sales video are you told about any recurring monthly fees or how much you’ll really end up paying for this system and I was quite surprised when I found this on the checkout page.
Why do people feel the need to lie to you? Why can’t they just be upfront and honest with you from the get-go?
To be quite honest with you I’m not even sure what this recurring charge is for but if I had to take my best guess, I would say this is to cover the website hosting and domains that you’re told are free when you initially signed up.
Looking For A Much Better Alternative To This System, Checkout What I Recommend Below!!
Is The Speed Wealth Commission System A Scam?
This has got to be one of the lowest quality products that I have reviewed in quite some time now and also one of the most sleaziest ones as well.
While I wouldn’t necessarily call it a scam since you do get some type of product for your money, I wouldn’t feel comfortable recommending it to anyone (Especially newbies)
From the multiple lies, you are told within the first couple of minutes to the hidden fees you’ll encounter on the checkout page I’m not sure which one is worse.
Systems like these always show you how much money you could potentially earn with them but they always seem to leave out how much you’ll need to spend just to have a chance at earning this type of income.
Like I’ve said many times before, I wouldn’t feel comfortable recommending this system to anyone as I feel there are much better alternatives out there.
Learn How Affiliate Marketing Works From A Trusted Source
Instead of spamming social media networks and bugging your friends and family to sign up under you why not learn how affiliate marketing works from a trusted and reliable source?
As a newbie who is just getting started online, you can’t afford to waste any of your hard earned money on worthless systems like this that tell you that you can earn money in your sleep by clicking a few buttons and setting everything up.
Learning how to build an online business takes lots of hard work, motivation, dedication, and a great amount of time before you’ll see any results whatsoever.
If you’re serious about learning the right way to build an affiliate marketing business I think you would be much better off going with a company called Wealthy Affiliate.
This is the place that has shown me how to build a REAL profitable business that actually helps people out and provides them with valuable information that they’re searching for.
If you’re willing to learn a new skill that could potentially change your life for the better and you aren’t afraid to put in the hard work it takes to be successful then I would highly recommend that you check them out for yourself and see what they can do for you.
You won’t make money in your first week or in your first couple of months but it will happen if you put in the time and look at things more long term.
Other than that I really hope this Speed Wealth Commission System Review has helped you guys out and has given you an inside look at what this is all about and whether or not it’s another scam targeted at taking your money.
Questions, Comments, or personal experience that you’ve had with this system that you would like to share with other people to help them avoid this system?
I would love to hear all about it in the comments below!!