Product name: CB Passive Income License Program
Type of business: Affiliate Marketing
Price: $47 + Complicated upsells
Owners: Patric Chan
My rating: 67 out of 100 (SCAM)
I know how you feel about this program – “Really? Patric will do all the work?”
That, he does my friend.
However there are some strings attached to CB Passive Income which will make you wonder if this program is really worth your time or not.
It could be a good program, but there are better programs out there as well.
I bought this program last year in 2014 but never thought of doing a review about it (Although I’ve made many reviews of other products) as there is not much to this program and you could literally finish the lessons in 1 or 2 days.
However after my brother came up to me and ask if this program is worth it or not, I quickly decided to write a review so I can show him (And all of my readers of course) just how big of a scam CB Passive Income really is.
If this program has got your attention enough to spark curiosity, then here’s my full review that you should read on to help you decide better.
Pros and Cons
- You only pay a one-time fee for Patric to promote his services to your list (Pretty cool).
- Lessons are straightforward and won’t waste much of your time (You could literally finish everything in one day).
- The program has a pretty good conversion rate.
- Great customer service – Patric has a reputation so he needs to preserve that.
- 60-day money back guarantee which gives you more than enough time to try the program out without any pressure of chasing after time (Some products give only 7 day-trials)
- The offer is quite attractive – A high quality squeeze pages is provided.
- VERY LOW conversion! – This is perhaps the most important part of all because since all you need to do is to promote this program, how you earn money is by hoping that your referrals will buy. Still, what good will this program if it cannot convert?
- NOT passive at all! – Since you need to constantly drive traffic and hope for it to convert, how do we know if we can make our business passive? Passive means that business will run even though you’re not working but this doesn’t seem to be the case.
- A lot of complaints and negative reviews – Seriously, how good will this do for you if you are promoting CB Passive Income?
- Still a bit pricey – Sure we know that Patric will promote his program for you but that is a bit pricey considering that you’re doing all the work to drive that traffic.
- Upsells galore – That $47 is only for the license, after that you’ll be needing to pay more of the upsells and those are not optional which makes the matter worse. That explains why you will have…
- NO control of your list unless you pay for the upsell – What cutthroat business is Patric running? Upsells are supposed to be optional, not compulsory!
- Shallow training – The lessons tell you of what forms of traffic can you use but it is lacking on proper techniques of execution.
- You cannot choose to promote anything else – You landing page will be the same for everyone else and since it’s set that way, you can’t change or alter anything if you want to do some split-testing.
- NO community – Even at Facebook, there are NO interactions! Posts are outdated, there are no questions asked and there are no proper communities for you to mingle with!
Golly, that looks like a lot of cons! Better check out my #1 recommended program here instead!
What is CB Passive Income and How Does it Work?
Have you heard of Affiliate Marketing?
Long story short, Affiliate Marketing is the act of selling other people’s products in exchange for commissions.
And when it comes to selling other people’s products, you know that you will of course be leveraging that person’s hard-earned fame and reputation to make some sales.
CB Passive Income does exactly that, but with the addition that everything will be taken care of for you – All you need to do is drive traffic to the offer.
Still what good is driving traffic if it won’t convert much? (I will explain on this later).
Created by a Malaysian Internet Marketer Patric Chan, CB Passive Income is an offer for you to promote as an affiliate.
You will be given a ready-made landing page (Which you cannot alter) and you are given one task – To promote and hope that people will buy your offer so you’ll get commissions.
If you’re wondering what does CB means in CB Passive Income, it actually stands for ClickBank which is a digital marketplace and that is where Patric Chan (founder) sells his products apart from the other platforms he stuffs his products to.
Here’s what Patric’s program covers…
Tools and Training
Since CB Passive Income aims to do ‘everything’ for you, Patric does provide you with a few tools to help you drive traffic to “your” offer…
- Free secret website – It’s actually a one-page squeeze page which you will be promoting.
- Free email blast – You won’t have to email your subscribers as Patric will handle that for you.
And here are what the trainings cover…
- Solo ads.
- Video Marketing (Youtube).
- Other traffic methods – squidoo, guest blogging, press releases, viral reports, StumbleUpon and forum marketing.
- How to get traffic with Google+, Twitter, classified ads and blog commenting.
What I don’t like About CB Passive Income
I have been a member of CB Passive Income for several months now and there are a few things that I think everyone should know about this particular program…
Problem #1 – LOW rate of conversion – 14,000+ Clicks but no sale? This is odd.
Let me remind you that how you get money from CB Passive Income is through commissions that you’ll get when you promote this program.
But the question is, just how good is this program to get you those conversions you need?
If you look at my screenshot above, I have 14,537 raw clicks.
Raw click means the total amount of clicks I get, and out of those 14,537 let’s see how many decided to opt-in and become my referral…
As you can see, I have 159 referrals which is about 1.09% of conversion which isn’t very high and that’s already a huge flaw of CB Passive Income.
Now comes the question of the day – Just how many sales do I get from those 159 referrals?
Just imagine how heartbroken I was knowing that all those months spent trying to get money from CB Passive Income was nothing but a waste of time which is why I would never advise anyone this program.
After finding out that I am not getting any sales at all even with a huge number of referrals, I decided to create a separate account and subscribed to see how Patric Chan lives up to his end of the bargain and promotes CB Passive Income or not.
To my surprise, I couldn’t believe my eyes when I found out that…
Problem #2 – Patric was lying in your face. He DOESN’T really promote CB Passive Income to your referrals!
If you’ve seen CB Passive Income’s sales page (or the video), Patric claims that he will do everything for you! (Hence the name CB Passive Income License Program).
At first look, you will have NO idea what it meant until you actually joined the program.
After joining, you’ll find out that Patric’s claim of “Doing everything for you” is actually doing all the promo and email TO the list of people you referred.
Which means that all you need to do is promote Patric’s sales page and try to get subscribers to join hence your referrals.
But does Patric really promote?
I have over 14,000 clicks but NO conversions which made me curious so I decided to see how Patric promotes CB Passive Income and to my surprise, Patric wasn’t living up to his end of the bargain!
Patric ONLY send roughly around 5-8 emails per month and on October, I even noticed that Patric only sent 2 emails!
What is even worse is that if you look at those email topics, some of them are NOT even related to CB Passive Income!
This shows that Patric is taking advantage of your hard-earned list of referrals to promote his OTHER products hoping to get a chunk of that nugget and not sharing it with you since you only get commission for CB Passive Income.
Seriously?? Ohhhhhhh Snap!
This is exactly why CB Passive Income will never come close to my top ranked program.
Problem #3 – You are have been duped of your own referrals!
As we know now that the idea of the CB Passive Income system is to promote your affiliate link, hope for people to become subscribers and let Patric do all the convincing (Which is not very effective).
However, have you ever thought of how are you saving your list of subscribers/ referrals in the first place?
In the Internet Marketing world, we have something called an Auto Responder which every Internet Marketer needs to have in order to save your list of subscribers.
We also have this term “Money is in the list” as with a list of subscribers, we can promote our products and get some sales from there.
Now let’s relate back to CB Passive Income, do you know where is your list of subscribers stored?
Now is the time you go AHA!
There you go my friend, now you know that you have been tricked of your own list of referrals because your list, is in Patric’s hands UNLESS you upgrade to CB Passive Income Pro which comes with your own Aweber.
Problem #4 – Patric’s scheme of an empire of referrals.
Now comes the moment of truth, do you know why Patric is NOT adding the use of Aweber on the original $47 CB Passive Income instead of the $97 CB Passive Income Pro upsell?
That is because he knows that not many people especially beginners would want to pay that much because you have no idea why you need it.
By doing that, you can bet your sweet bippy that there will be hundreds if not thousands of people joining CB Passive Income and most of them would surely pay for $47 because that is already so expensive for many of us.
From there, all your hard-earned referrals will be saved at patric’s autoresponder since you don’t have yours and even if you DO have your own autoresponder, you CAN’T use it because Patric Chan wants you to use his!
Imagine how many subscribers would have been on Patric’s list by now, possibly close to a million!
Speaking of lists…
Problem #5 – NO control over your list!
Since Patric is the one who will be the one doing all the promotions, you won’t have any say on what message you want Patric to send at all… Unless you upgrade to CB Passive Income Pro.
Pretty sly of him, don’t you think?
By doing this, you are giving complete control for Patric to do anything he wants with your list and you wouldn’t even know if he’s keeping up to his end of the bargain or not!
And Patric wasn’t consistent at his job because in some months, he only sent 5 emails and there was even a month where I noticed that Patric only sent 2 emails.
If that is not a rip off, I don’t know what is!
We PAY Patric to do the convincing for us but he’s not doing anything and you’re probably better off doing the whole thing yourself right?
Actually, real Affiliate Marketing is free which is even covered in my top ranked program and you’ll have complete control over how you want to promote your product which is way better than CB Passive Income.
Does it Have a Community?
Barely, and this is a bother.
This program doesn’t provide an internal community so I looked for a community outside instead and what better way to find one than to go check out Facebook.
To my surprise, there aren’t any proper communities at all as there is only a business page where Patric promotes more fluff!
Imagine that, 1 year since CB Passive income was released and yet there are NO communities where people can mingle!
Throughout my experiences, having a community is important in ensuring your success online, especially with CB Passive Income’s lack of in-depth training.
The lessons are so shallow that they are not going to work because it tells you WHAT to do, but not HOW to do it.
For example, Patric tells us to do Solo ads because it’s effective.
BUT he didn’t tell you how to do it, where to find reliable sources so that you won’t waste time as well as how to minimize your risks.
Because of that, I spent $2,000+ on solo ads with no return!
What I didn’t know is that Solo ads costs a LOT (Around $40 -$110 per 100 clicks!) and it had left me out of any little money I had left, completely broke.
However if you have a community, you can share with other users your findings which would definitely save you more time, reduce risks and find techniques to boost conversions.
And since you can’t rely on anyone for help, you are left with only the support tickets which are not always reliable as they are biased.
Want a Program With an Active Community Which You Could Learn and Get Help Easily? Find Out More Here!
The Pricing Strategy
I’m always intrigued as to how scammers plan out ways of how they suck money out of innocent people.
Almost everyone is aware of how people can get scammed on the internet and yet, Patric still applies this method which makes me amazed at how are there still many people who falls for this trickery.
Here’s a breakdown of how Patric implemented his prices…
- CB Passive Income License – $47 one-time but has a $1 trial for 14 days.
- CB Passive Income Pro – $97
- Fast Cash Series – $47/month or $197/year
Honestly, I have no idea what CB Passive Income Pro does besides giving you the Aweber choice as I only paid $47 and had access to all the member’s area except for the Fast Cash series.
Patric said that going Pro can help you make money even more but does it really? I don’t want to risk that.
The Fast Cash series on the other hand, is a complete waste of time and money because you are basically paying for Patric to update you more news on trending topics for Internet marketing.
I know it sounds cool but I believe that if you want people to pay more, you should give them more for the basic $47 that we paid for which is already expensive.
Do I recommend CB Passive income?
No, I don’t.
I guess you would have already known too, considering all those flaws that I’ve just exposed.
CB Passive Income uses a really sly trick of making money which is by using a one-page offer and hope that people will buy.
In 2015, this will fail miserably as Google is further updating its systems to fight scams without content.
Sure, you can promote a landing page but you also need a main website to back up all your claims.
Who are you in the first place to sell someone something if nobody knows who you are?
People today are smart and they would certainly Google something out before they even decide to spend their money online.
I mean wouldn’t you do the same?
Internet Marketing is huge today and there are loads of people promoting their stuff everywhere but the best way to build up a business online is still the same – Build a blog of your own.
Don’t look down on the potential of having a blog because people prefer to buy from someone who doesn’t hide behind a camera rather than a person who does because that shows honesty.
After you have a website or a blog (Either way, they are the same anyway), only then can you promote whatever products you want to offer and not only will this increase your sales, you will also get loads of extra traffic as your site will appear on the first page of Google.
Take a look at this…
How I make money on my blog is by exposing scams and recommending people to join an alternative course and in this case, Wealthy Affiliate is my #1 recommended program.
I get loads of traffic from my previous posts because one of the best benefits of a having a blog, is that all your blog posts is permanent which means that it will continue grabbing traffic for you for as long as it is there.
Here’s a quick overview between these two programs to help give you a clearer view…
My Final Opinion
I actually liked the concept of having everything done for you but for such as huge claim, there must be a huge solution, don’t you think?
However due to the very shallow training, the unethical upsells galore, as well as the fact that you will have NO control over your hard-earned list unless you pay more, I find CB Passive Income a SCAM and I’m rating it 67 out of 100.
If you’re interested in a more legitimate way to start a viable business stream in 2015, check out my #1 recommended program here instead.
Thanks for reading, do share any thoughts you may have below as I’ll be more than happy to reply.
Your friend Riaz.