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Infinite
Income Plan- Review
We quit Darren
Salkeld's Infinite Income Plan (IIP) and this review
will
tell you why.
While there are many positive reviews on
Darren's IIP system, and we initially agreed, we soon saw all the same
failure points in IIP as with most "programs" that claim you will earn
a lot of money by just doing what they did.
Our reasons for quitting were initially
because the IIP team lost our first TWO sales! Yes two people backed
out and they were our first two sales.
Now don't get me wrong, business is business
and we realize people will change their minds.
Problem was these people dropped out because
of numerous problems with getting their paperwork processed with the
Infinite Income Plan staff
as well as getting their GRN (Global Resorts Network) payment
processed.
We all know that it is crucial when someone
joins a business, and in this case a business with a pretty high ticket
price tag: $2995 for the GRN membership, then considerable monthly IIP
fees, people should expect nothing but prompt top notch and
professional assistance.
Anything less and I would quit too!
We can not
promote a program that does not offer the best customer support,
and the support that was promised the customer in the first place.
Our second reason we cancelled our
membership with Darren Salkeld's IIP, is something that we are still
surprised at. We will
comment on this at the end of this review so make sure you read it
because what we say is very good to be aware of!
Let me state one thing that may also shock
you about IIP.
The IIP system DOES work. It was closing
sales at about 1 out of every 240 or so opt ins. You can definitely
make some serious money with the system. It really was brilliantly
desiged.
So, you are probably thinking, hey, why don't you
just make the money? Let the
deficiencies with IIP be your customers problem.
Well, the simple answer is, we just can't
run our business that way.
Here's the EXACT e-mail we received from one
of the two customers that cancelled. We contacted them to see what the
issues were,
and what we could do to improve our service. You be the judge:
Hi Stan -
Everything started wrong - from the technical problems to GRN funding
(after 10 days - the CC payment still had no gone through...at that
point it was to my advantage because I was able to cancel). The
important touches that were promised never happened - call from a
mentor, 1000 free postcards which costs $650, to Club Zoomica which I
thought was over priced and undervalued. I am not internet marketing
saavy & that is what Salkelds system is SKU'd to. I realize
that it takes money to make money - but the initial $3000 was what I
thought would be needed to get me started - my evaluation would have
been from the 'free' 1000 postcards.
I am in sales & marketing & am successful but want to
have a home based business very seriously. Direct postcard marketing
has response & coversion rates based on the number mailed. No
one in the home based arena cares to share that info. How much
marketing money do you need to spend initially to see results? What is
a likely expectation from 500 postcards? 1000 postcards? etc
In researching opportunities I guess it is your site that I have been
reading & I have to say hats off to you because your link to
IIP is brilliant. It would be difficult for someone like me to be
confident of a 'system' without finding out using more conventional
means i.e. postcards, newspaper ads. Also, the training Salkeld talks
about is invisible .... Club Zoomica training is a joke.
I am not a pouter Stan but realized the system 'oversold &
underperformed'.
Best,
Gary D
This customer is a sales professional. He
was expecting nothing less than we are sure he delivers in his work
environment.
Now there are other things that aren't
perfect with IIP, which again we initially did not dwell on because we
thought we had a great product to
offer customers, that we felt gave them the best chance to build their
online businesses.
As time went on we realized that the two
lost sales, then the item we'll reveal at the end of this review just
did not set well.
Let's go over the other concerns with Darren
Salkeld's IIP system:
1. You are promoting the Infinite Income
Plan (IIP), Darren Salkeld and
NOT YOU. All the leads that you collect are stored in the IIP system.
All the followup e-mails you send out to your prospects are signed by
Darren Salkeld as if they are coming from him. You will be promoting
YOUR IIP business but people will think they will be working with
Darren. This is fine for a new person
because it does work, but all those leads will not be yours unless you
do something to copy them to your "list".
There is talk at IIP that they will integrate aweber ( an autoresponder
company) so your leads go to the Infinite Income Plan system and YOUR
aweber but that has not yet happened.
My online buddy has some 10,000 leads in a
few short months that are all in his IIP system. If he ever leaves
IIP, the leads go to Darren and his team. You may have heard that the
money online is in your list. You want to build YOUR prospect list so
that in time you can market other products to your list. You will be
building Darren Salkeld and the Infinite Income Plans list.
Not good.
2.Infinite Income Plan has a poor business
model for profitability.
You can earn $1000 commission for each GRN sale. Now that is really
around $850 from Global Resorts Network,
after they deduct their processing fee.
The IIP monthly fee is $197. There is a $30
hosting fee to WebMonkey who you buy your domain from and who hosts
your
website (READ more on this below !!)
When we joined and our two lost customers
joined, we were under the impression that these costs included the IIP
staff to "close your sales" for you.
Well, just recently (it is Feb '09 as this
is written) Infinite Income Plan staff announced a new service that
will close your leads for $125 per closed sale.
Our problem with that is two fold: 1. The
sales closing was supposed to be included in the monthly admin fees;
now they are not holding up to what they advertised and 2. Most
automated sales closing systems do not charge UPFRONT.
You pay only when a sale is closed. Attempting to start any online
business can be tedious enough. Adding in a sales closing fee that you
must pre order...Just makes this
program that much more difficult for the average online business seeker
to get off the ground.
Add that into your costs from your potential
$850 GRN profit and I see 850-197-30-125= $498 potential profit.
OK, so now we need to advertise.
My website gets very good pay per click
traffic at around $2 a lead. IIP and their training starts new people
with free traffic building using articles, blogs, and other social
marketing.
We doubt that many will make thousands a
week
let alone a month in any time soon only using free methods.
So using my website as an example,at 240 opt
ins a sale, thats about $480 in advertising per sale.
$498-$480 leaves us with $18 profit? Hmmm.
OK, you do make profits on the upfront
"digital" ebook that gives you about $31/ sale.
Folks, I asked the IIP support system this
same question and they had no answers as to how this could be offered
to a prospect
as a viable business model showing a nice profit margin.
We also posted the question on the Infinite
Income Plan Club
Zoomica forum and our posts were deleted not once but several
times. Others who posted similar questions had their posts deleted.
When we again posted why our posts were delted, the moderator said they
had a lot of technical difficulties.
Hmmm, only my posts that questioned the profitability of their offer
and the new additional sales closing fee of $125 were deleted
You also can recover some of your $197
monthly fee when you build a team below you. Each IIP sign up under you
puts about $50 in your account. The idea is in time your team will pay
your monthly fee.
So, there is potential for some
profit....maybe $498 - $480 + $197 or about $215 give or take. The
digital sales also add in some to this number.
All of a sudden that $1000 commission
doesn't look that attractive.
Give me a call or e-mail and we'll let you
in
on a secret that no one is told about but will increase your $1000
commission to where you WILL make a nice profit margin....the problem
is by the time you may figure this out, you'll
probably be out of business using this model.
3. OK, now the part that we are still
baffled by.
When our account was cancelled we expected
to take our domain name that we bought, and redirect it to another
program we will promote. It's our domain, right? We paid for it,so we
own it, right?
Well when we tried to get access to our
domain name, we were told by Web Hot Monkey (the place you buy the
domain and pay the hosting fee) that yes it is our domain,
but somehow the way the IIP pages are hosted, somehow our domain was
being redirected to the main Infinite Income Plan site.
YES! That means anyone that quits IIP, their
traffic that they may have worked on will all be directed to Darren
Salkelds main IIP site.
We have several problems with that, one
being he would be using domain names that each IIP member purchased.
How does the Infinite Income Plan feel they
can just use our
domains?
Most new people would not even think of this
when they quit...we were more than taken aback at this.It just isn't
right.
Here's a reply from Web Hot Monkey who hosts
the
Infinite Income Plan sites stating that our domain indeed is mine- we
are the owner:
"Yes, you do own the domain. There's no
disputing that. But we're just the hosting company. So understand that
what you want to do is take this up with iipsupport.com. They can
answer these types of questions more in depth for you."
We also asked Infinite Income Plan the same
question via their support ticket system and we still have not received
a reply some 5 days later.
Folks, we have a definite problem with IIP
using our domain name, and Web Hosting passing the buck. They both are
benefiting from the use of this domain.
Think of all the people that will decide to
quit IIP, after months of building their traffic, and there will
probably be some that had some decent traffic happening, then to have
IIP
just redirect those domains to them, just does not set well.
Well, we offered a lot of
information for you to think about.
Maybe the Infinite Income Plan crew will get
it more together as they move ahead.
The IIP system that Darren Salkeld created
does work, but you will need to consider
and accept the short comings that we encountered. Most programs are not
perfect
and in defense if DS and his team, they may have been in their initial
months getting this off the ground and encountered things that were
unforseen
like an business can. They did try to resolve but probably not fast
enough.
The Infinite Income Plan by Darren Salkeld
at this time gets a minimal score. They have a good system,
they just need to remember customer service and delivering on promised
service is #1 for long term success.
After testing
and reviewing hundreds of different business opportunities and money
making programs, ONLY ONE
brought serious results anyone can then COPY from us. Click
here to go to the website and grab your FREE report.
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