In your quest to earn an online income, you may have found that not all money making opportunities are equal. To save your time and money, here are 7 ways to spot a scam site.
Like I mentioned before, I have spent money on good and bad opportunities and still lived to tell the tale. So you do not have to get your fingers burnt like I did. So let’s start with –
- The sales page will show a picture of a man or woman telling you how she or he made thousands of dollars on auto-pilot. Included in the sales pitch will be a rags-to-riches story.
- You will be encouraged to leave your email address so you can be tempted with offers
- There will be a page of testimonials that show earnings that colleagues have made. I have even seen testimonials where the people had FAKE accents…It was a real giveaway as to the calibre of the site.
- You will be sent an email every day, but will not be able to reply. If you have a question and send an email, you will be waiting forever for an answer.
- There will not be a support system in place if you get stuck technically or otherwise.
- It will be very difficult for you to get your money back if you decide to cancel your membership
- A funnel will be used. This means that there will be an offer to learn more information at a higher level if you part with more cash. If you fall for that, there is normally an ‘upgrade’ that will ‘be sure’ to help you earn more at an intermediate level. Funnels like these can hike up the initial price into the thousands. So be warned!
- The design of the site will be amateurish.
- The instructions to ‘help you get started’ will be difficult to understand
- If there are any products or services on offer, they will either be outdated or non-existent.
- You will have to heavily promote on social media without really knowing what you are doing.
It seems that the whole world is on the internet these days and some are experienced at earning money and doing business in an ethical manner. However, watch out for those that are not.
Fingers Burnt by Traffic Monsoon
The story I am about to tell you shows how easy it is to fall prey to a scam or a ponzy scheme. I hope you never have to experience this.
Well, towards the tail end of 2016, a friend told me about a program called Traffic Monsoon. All you needed to do was click on 10 ads a day and you would earn credits which translated into cash which would mount up in your Traffic Monsoon account.
At first I was skeptical and asked her how old the site was. “Oh it’s over 5 years old and is high in Alexa rankings.” I was still skeptical but agreed to accompany her to one of Traffic Monsoon’s local meetings. Fast-forward one month and having checked out the site, I deposited the initial £50 to get started and clicking on a minimum of 10 ads daily.
The idea was if I wanted to gain ad credits, I would click on ads and any money I gained I would put into my Traffic Monsoon account to buy more credits and click on more ads. Confusing right? I didn’t really understand how it worked either but found it addictive to watch my account go up in funds.
For a couple of months I got sucked into attending local meetings and watching Youtube videos of people like property developers who were throwing thousands of pounds into Traffic Monsoon.
Two months later, it was announced during a local meeting that Paypal had frozen Traffic Monsoon’s monies and so they were unable to pay Traffic Monsoon members. We were encouraged to keep calm and wait for our money to be paid to us. It seemed the main people to lose out if were not paid, would be the ones who had invested a lot of money.
The reason Paypal froze Traffic Monsoon’s account was that they were ‘growing too rich too fast’ and it looked ‘suspicious’.
To cut a long story short, Traffic Monsoon had to close down because Paypal (the bank for Traffic Monsoon) froze their assets for good.
The only good thing for me personally was that I had only invested £50 and put no extra funds to buy ads. However, I had lost valuable time and had got my fingers burnt again. My first hunch was right – if a company is still less than 10 years old and is making a ton of cash for itself, with no real product or service to promote except ad-clicking, something has got to give.
Look Up The Site In Reviews
Review sites are very useful and are often run by people who have been scammed and decided to tell the online world where not to spend their hard-earned cash.
A good review site is Scam Exposer. It is very useful and holds testimonies and ratings of dodgy and more legitimate sites. It holds a very comprehensive list of sites you should be wary of. It also recommends such sites as Wealthy Affiliate to learn affiliate marketing. Scam Exposer also lists recommended online sites that can help you in your quest for online wealth.
So remember, look up everything you can find online in reviews about the site or membership program you want to join. If the site has a free or very low cost 7-day trial, all the better. That way you can try before you buy.
As you can see it can be very easy to get sucked into online schemes that promise the earth yet give little in return.
If you do your research diligently you will be able to spot the hogs from among the gems. Sooner or later you will reach your financial goals and be earning a sizeable income.
If you want to know how I built this website in a few easy steps, you can either join Wealthy Affiliate as a Free Starter Member or save on Premium Membership pricing with this special discount;
If you have any questions or comments, do feel free to leave them here below…