There’s one marketing scheme in particular that’s been popular in the past few decades. Have you heard of MLM (Multi-Level Marketing) or network marketing? I’m sure you have. Today we’re going to be looking at 5 Figure Day by Brian Winters which seems to follow a similar principle.
I’m not an affiliate for 5 Figure Day. I like my work to be ethical and help people create businesses. This seems more like a “I just want to make money and don’t care about the people whose money is landing in my bank.” I’ll be explaining why I’ve come to this conclusion in this review.
5 Figure Day seems like an MLM or pyramid scheme, but instead of the money being the focus of the scheme, it’s email addresses.
You’ll be promoting 5 Figure Day and the people you sign up will also be promoting 5 Figure Day. When you sign someone up you’ll collect their email address and then whenever one of your “leads” signs someone up to 5 Figure Day you’ll also get their email address. This means your email address is in two different lists where both people can send you marketing emails to buy more “make money online” products. Brian tells people to send promotions regularly and now 2 people “above” you have you’re email address, so be prepared for the regular “buy this product” email in your inbox.
The way you’ll be getting people to sign up is by giving them a “free website” which they can use to get other people to sign up to 5 Figure Day.
What isn’t clear when they sign up is that, unless they pay to be a member of 5 Figure Day, they won’t see any of the commissions for the people they sign up. The person who recruited them will receive their commissions until they become a member. Cheeky, right!?
The first thing you’ll see is a 20 minute video explaining how the system works and how you’ll be making money:
Brian also goes through everything you’ll find in the members’ area which is predominately different versions of the free websites you’ll be using to sign people up with his “Instant Traffic Bootcamp”.
The first thing you’ll need to do is enter your ClickBank ID and either your AWeber or GetResponse list ID (the service you’ll be using to collect email addresses which is an extra expense on top of what you’re paying for 5 Figure Day). Once you’ve added these to your account they’ll automatically be added to all the pages, so it’ll save you from manually setting up each page.
Underneath that video you’ll find your “main” 5 Figure Day page, along with your unique link:
You’ll only need the link at the top in your future advertisements. This is your affiliate link so you get credited with any sales made.
You then tick either the AWeber or GetResponse box depending on which service provider you decided to sign up for. If you leave the 5 Figure Day box ticked then you can download a spreadsheet of the email addresses you’ve collected. The email addresses are only stored for the previous 7 days so you’ll have to download the spreadsheet regularly.
Below this page you’ll find 16 different landing pages:
You’ll have the choice of using the main page or any of these 16 “reloaded” pages in your advertisements to collect email addresses.
It’s important to note that all the banner ads and swipe files underneath these pages are all preset with the link for your main page. You’ll have to change them if you want to use one of the reloaded pages instead.
The next section is the biggest, the “Instant Traffic Bootcamp”
There are 4 main sections, which are:
The email swipes are, in my opinion, horrible:
You’ll probably receive these emails twice yourself because the person who recruited you and their recruiter have your email address. They’re short and blatant sales emails which, if you’re anything like me, will be ignored because you’re so desensitized to them that you naturally just hit “delete”. It’s almost as bad at the spammy viagra emails everyone seems to receive at some point.
Brian suggests emailing your list once a day as well which means you’ll be getting 2 emails a day trying to sell you more products.
The emails you’ll send using these swipe files will most likely end up in the spam or junk folders as email providers are using complex algorithms to detect SPAM. Gmail and Hotmail will just add your emails to people’s junk folders so they’ll never be seen… Making your email list worthless. No “easy money” here I’m afraid.
The text ads are just as bad:
Brian’s “do whatever you want with them” advice is extremely helpful for someone who’s a complete beginner. *hint: that was good old English sarcasm*
The rest of the traffic bootcamp is a little better. I emphasize: a little.
He goes into using forums, article directories, and using Fiverr.com to generate traffic but these aren’t going to be very effective either. The only viable “instant traffic” method which Brian suggests is doing is Facebook ads and email swaps:
Email swaps are when you allow someone to email your list so you can send an email to their list. If the person has a big list of active subscribers who are clicking on links in the emails then you could get a decent amount of traffic from doing this.
Facebook ads are probably your best option, but please be careful with Facebook ads! You can spend a lot of money trying to drive traffic to your 5 Figure Day pages, so make sure you set a daily limit on your ad spend. You don’t want any nasty surprises. Start with a small daily limit that you can afford to practice with as you’ll want to find the most effective ad to get the lowest cost per click.
I have no doubt that people are making money from 5 Figure Day, but like all MLM schemes, the people at the top are raking in the cash. Brian is receiving 50% of all sales made as the product creator, not just from the people he’s recruited.
The reason I’ve given 5 Figure Day an “F” rating is because there’s no product here. You’re just promoting 5 Figure Day and given the tools to do so. Albeit most of the tools I think are outdated methods of getting traffic, but still that’s all you’re given. You’re building an email list of people that are going to be receiving at least 2 emails a day saying they need to buy “the next big thing” that’ll help them make money online. Yes you can make money from this but the chances of doing so are very slim.
Why would they open your email, click on your link, and buy the product you’re promoting? You’re more likely to end up in the spam folder, especially if you use the swipe files given to you.
I’d change you mindset form trying to make quick money to setting up a business that’ll allow you to make money long-term. We have several courses here at StoppingScams.com which you can go through, for free, that’ll help you get clued up on what’s working in the internet marketing world today. Look at how our courses compare to 5 Figure Day:
We aren’t asking for $47 per month for the next 3 months like 5 Figure Day. You can try our stuff out completely free and then you can still go back to 5 Figure Day if you think we’re talking crap and that Brian has better training.
That choice is yours, my friend.
Have you been caught up in MLM or pyramid schemes in the past? After reading my review do you think 5 Figure Day falls into this category? Do you think 5 Figure Day is legit or all hype and false promises?
Let me know your thoughts down in the comments section below and feel free to express yourself. I look forward to seeing what you have to say.
Until next time.