Would you like to have a constant stream of online income without creating your own products, writing content and sales letters, sending emails at all and literally without doing almost any work at all? That’s more or less what this system promises for you. Is the CB Passive Income a Scam? Let’s find out!
Note: This is an unbiased review of CB Passive Income. I am not their affiliate and I am not making any money of this review.
CB Passive Income Review
Name: CB Passive Income
Website: www.cbpassiveincome30.com
Founders: Patrick Chan
Field: Make Money Online -Programs
Overall Rank: 40 Out of 100
What Is CB Passive Income All About?
As its name says, CB Passive Income is a product that promises to teach you how you can make passive income online. The program has been created by a famous and successful Internet marketer Patrick Chan. There are tens of testimonials in his Youtube channel by other online entrepreneurs who say that Patrick is a reliable and a good guy.
Patrick has created his wealth online with affiliate marketing. He started over 10 years ago in Clickbank. Now when time has passed and he knows the strategies to make a living online, he wants to teach other people to do the same. However, when I took a look at his program it seems more like he wants to make lots of money rather than just teach people to make money. Of course, it’s fair that someone who teaches you something valuable gets paid but, in my opinion, Patrick’s program isn’t as valuable as, for example, Wealthy Affiliate online business training.
Patrick gives you big promises by saying how you can create big amounts of money by skipping the hard part (writing content, etc.). He gives you an affiliate link to promote his products. Then he teaches you a few strategies how to create a website where you can promote this product. He also teaches solo ads marketing which means sending paid ads to other people’s email lists.
Who is CB Passive Income For?
CB Passive Income is definitely not for beginners. They don’t go through step-by-step all necessary things that a beginner would need to make money online. Most people who go through this training will probably not make much money online.
I think this system would be the best for people who have already enough experience of Internet marketing. They are able to evaluate what information in this program is good and which is not. It can give a few new ideas that you could implement to your own online business. However, I think that you’ll find the same ideas from Youtube for free.
How Does CB Passive Income Work?
They basically teach you to make money with three steps:
1.Register to their system (buy their product) => They give you a “cash machine website” that is supposed to make you money
2.Send traffic to your website. When people come to your website, they sign up to an email list and buy the product that you are promoting.
3.Earn the commission. Every time when somebody makes a purchase through your link, you earn money.
This is a basic way of making money online. I am also making money in a similar way with affiliate marketing. I promote a different kind of products that I find very helpful and I am using myself. Then I leave a link to my website and I earn commissions.
One of the most challenging parts for beginners is to generate traffic to a new website. If you don’t believe it, create a website in 30 seconds and try to get some constant traffic. Is not easy if you don’t know how to do it. I have learned a proven strategy how I attract lots of traffic to my website through Google. You can learn the same strategy here.
Traffic from Google and other search engines is the best kind of traffic because it’s targeted and free. In addition, you can easily grow it once you get the ball rolling. CB Passive Income doesn’t teach you could master SEO and drive traffic from Google. Instead, they teach you some other strategies which include even some very expensive ways for beginners.
What Is the Price of CB Passive Income?
As you can see in the image above, they have two options. $47 per month membership or $97 one time fee. Even a person who isn’t very good at maths can quickly calculate that buying a $47 per month membership is nonsense because $97 one time fee becomes much cheaper in the long run. In my opinion, it’s only a good marketing trick.
Imagine, that there would be only one option. Chan would have written, “the product costs $97, buy here!” It would feel expensive to pay almost hundred bucks for his system that you don’t really know. But now when he has put another option which is $47 per month. His product starts to seem more valuable and $97 one-time fee is not any more expensive. People who pay $97 think they have made a smart choice and they are saving money.
$97 one-time fee is also a little bit false marketing because there are a few upsells in this program. Patrick will sell you products that promise to double your income and products “that you have always needed to succeed.” We notice that Patrick is using classical strategies of Internet marketers.
Pros & Cons
Pros:
- Teaches some strategies to make money online
- Made by a successful Internet marketer
- Gives you a few tools to get you started
Cons:
- Lots of upsells
- A little bit false promises
- 60-day money back guarantee
- Using soloads and other strategies may become expensive
- Bad reputation (lots of negative reviews on the Internet)
Conclusion – Is the CB Passive Income a Scam?
CB Passive Income is not a scam. Patrick Chan is for sure a successful Internet marketer and he knows many tricks on making money online. He uses those strategies when selling his own program. Still, he seems to fail to deliver the same skills for his customers. If you have enough experience of affiliate marketing, you can give it a try. Anyway, you can get your money back within 60 days if you were not satisfied.
I don’t recommend CB Passive Income because there are better training to make money online. Wealthy Affiliate is my #1 recommendation because they teach all the most important fundamentals, they have a great community and they offer all tools you need to make money online.
WA teaches also how to become a successful affiliate marketer. You learn how to create websites, drive traffic and make money by promoting valuable products. Some of my friends are making $10,000 per month online after going through their training.
I have still walk some way to reach $10,000 per month but I am sure that some way I’ll reach it. Would you like to reach it too?
In Wealthy Affiliate, you will get +12 hours of interactive video training, 2 websites and other valuable resources for free.
=> Learn to Make Money Online for free in Wealthy Affiliate!
Do you have experiences with CB Passive Income or Patrick Chan?
I love it when people share their own experience about these products and “Internet gurus”. It makes my day to read your comment, so leave one below and I will be more than happy to respond you personally within 24 hours (usually in a few hours).
Hi Roope,
Congratulations on your post!
It’s good to have people like you who help others not to be lied and robbed. I personally have never seen the CB Passive Income product, but as I am reading your post I’m glad that I joined the WA community. Can you tell me how long did it took you to start earning some stable revenue after you joined WA?
Hi Dimitar,
I am also glad I joined WA so I didn’t fall into any scams. I must say that for me it took a bit longer to earn money after joining than it probably takes on average. But the failures were worth it because I always learned something new.
Here are a few things that can speed up the process:
1.Go for very targeted keywords (QSR less than 50)
2.Ask lots of questions within the community. Always when I asked a question from more experienced online entrepreneur, I got some helpful tip that pushed me forward.
3.Believe 100% that you will succeed. I doubted it at some point and it took time to get up. Now I realize that I would have succeeded much faster if I would have believed from the beginning and not hesitated.
I hope this helps 🙂
-Roope
I have never heard of CB Passive Income, but by your blog, I can tell it would definitely be a waste of money. Especially the part about $47 per month vs $97 one time. I hope you get a lot of traffic from your site, like you said WA is great community, and is really here to help people succeed!
Hi K`Leah,
yeah, Wealthy Affiliate beats CB passive income like 100-0. Their community, training and website building tools are awesome.
In addition, a membership is even cheaper than CB.
One of the best parts in WA is that you get personal support from people who are very successful already with affiliate marketing.
Hi Roope
I liked your review – it was very easy to read and everything got clear. The two payment options do seem as marketing trick intended just to make people choose $97 option. However, it seems strange and would trigger my doubts about this program if I was about to apply to it. I just hope your review will help many people not to make the wrong step. Instead I could also support your suggestion about Wealthy Affiliate. I have been their premium member for little more than a year and I am really fond of this great platform and helpful community.
Hi Arta,
yeah, the having two options is an interesting marketing trick. The other one that Patrick is using is that most of his payment options end to 7 because they are “47” and “97”.
I have seen that many Internet marketers use 7 as the last number. It seems to convert better. Some program or packages cost, for example, $297, $147 and so on.
There are many psychological trick that marketers use on pricing that we don’t always even realize.
-Roope