CB Passive Income 3.0 Review: Is it worth your time?
This is the first make money online program I bought and I am not satisfied with it. I’ll tell you why in a bit, along with my short personal experience with the CB Passive Income version 3.0.
Owners: Patric Chan
Price: $1 for 14 days trial then $37/ month or $97 one-time, complicated up-sells
Overall ranking: 4.5/10
About the owner
Patric Chan is an internet marketer and speaker, author of the book WakeUp Millionaire and co-author of Clicking Cash.
The CB Passive Income is a license program which will give you a complete email marketing campaign, from the squeeze pages to attract viewers to the email follow ups once they join your site. In the emails, Patric will promote products from ClickBank, mostly the CB Passive Income using your affiliate link which will help you generate profit from the sales.
Training: In addition to this program, you will have access to videos and files to learn how to drive traffics to your page.
Tools: You will be given 4 different squeeze pages that you can choose to promote and once your subscriber buys a product from the page or emails sent, you will receive the commission.
As usual, let’s start with what I like about this program.
There is no promises of making money overnight. Patric didn’t make a hype about how much money you can make which is more genuine than a lot of programs out there which tells you about a huge sum of money in a short period of time with minimum efforts. The kind of hypes you will soon get tired of hearing.
Patric did keep his end of the deal in sending emails to my list. Of course, I was doubtful about the CB Passive Income and also want to know how the email follow ups of a professional would look like. So I signed up to my list and here are the emails I receive.
Check the date, since I signed up on 14 July, the emails were send regularly once every 1-2 days.
Low conversion rate. Unlike Patric’s promise on his page that his pages has up to “50% conversion rate”, my experience with the CB Passive Income has not been so good.
I chose to promote one of his pages with solo ads and emailing to my small list which bought 113 unique clicks to his squeeze page.
The result, only 28 people subscribed (minus me) out of those 113 targeted traffic… let’s do the math, that’s 25%. It was pretty disappointing alright.
Still, this is yet to be the most important factor, right? I mean, even if there is low email conversion rate, it would be okay they bought something from me.
Let’s see how many sales I made…
You got that right, I didn’t make a single sale. As you can see they subscribed to my list since the 14 July and today is the 1st August. It’s been half a month.
So yes, despite all the emails being sent, no one was buying which makes me doubt the credentials of Patric’s method.
Then again, I need to note that I have a small list and it may have worked if you have a bigger one.
On the topic, here is what Patric estimated about the potential of the CB Passive Income (this is taken from the FAQ in the the member’s area).
Time for some math again, shall we? With my 28 subscribers. 10% click through will give me 2.8 clicks per email.
2.8 x 7 x $0.30 = $5.88 per month.
Well, I haven’t been using the CB Passive Income for a month yet. So let’s see how it goes, I will keep you updated.
I’ve read about this guy who drove 8,092 unique clicks to his CB Passive Income page and didn’t make a sale. (In his post, he also mentioned Patric sent less emails in the later months.)
The training aren’t well built. Patric didn’t just dump you with the squeeze pages to promote, he also gave you guides on how to drive traffic. And here they are.
I don’t know about you, but I think having 3-4 links to download is pretty dull and very practical. About the contents, they are pretty lengthy so I haven’t gotten through them all.
I’ll just comment about the solo ad guide which I did read, it didn’t give me the exact information about where to find good sellers which is the most important thing, thankfully I have learnt to do that at a seminar!
To say this is a very important part of his program, Patric could have putted more works into this.
You don’t have control over your list of subscribers built within the CB Passive Income. It stays on Patric Chan’s server. In case you do want to convert it, you have to buy the Pro version which will cost another one time $97.
Given that you do convert it, they essentially did not agree to receive emails from you but Patric. So what you send will be considered more or less a spam.
The support isn’t optimized. From the training tab I showed you, you can see that there is not many supports regarding the courses itself.
There is a Contact Us button, but that is more of a troubleshooter than providing help with your marketing skills.
In my experience of contacting the team for technical support, you will have to wait half a day or more for a reply. Which is quite long for me… or is it that I am too demanding? Ha ha.
It has many bad third party reviews. I was new when I tried the CB Passive Income and didn’t think of checking reviews on Google. When I did, I found that most of them rated the program pretty badly and some even called it a scam. Imagine you are trying to sell a program with such bad reputations!
I don’t know where testimonials like these came from because I don’t see them as being very realistic.
Well, this may be an old testimonial from when people are not as wary to buying make money products or when the CB Passive Income didn’t have as many bad reviews, I presume.
I think this is not a program suitable for someone with no skills. At first, it may sound ideal to the affiliate marketing beginners because you can have someone else who is seemingly more experience do all the work for you, create your page and make the email promotions for you.
As Patric estimated himself in the FAQ of the CB Passive Income, in order to make 500$ per month, you would have to have 2,500 subscribers.
And with the low rate of conversion, it will take a lot of efforts to get there having no audience and no website.
The best method you will have to drive traffic would be buying Solo ads… and I learnt the sad truth that it’s now as cheap as you think ranging from 40-60$ for 100 clicks (I will go into details about this method in the future).
So if you do the math, you can easily see that given you choose to buy traffics like me, you will have to spend around $5,000 for the the 2,500 subscribers and that $500 per month.
It’s not easy at all.
I have talked to a more professional internet marketer about the CB Passive Income and she said she can drive her own audiences to the page and make sales as she already has the skill and had already become a figure of authority in the community.
And that may be the case, but if you are just beginning and wants to make money online with affiliate marketing, this program is not an effective start and may leave you quite disappointed.
Actually, I don’t think this program is good at all because the experts wouldn’t need it either as they would know what to do and prefer full control over their list.
I give this program a 4.5/10, it’s not a scam since in it didn’t promise you anything out of the ordinary but it’s not a good program to make money online off of either.
Instead of buying into the kind of programs that promises to do everything for you, you’re better learn the skills to become an internet marketer yourself.
Starting a business from scratch isn’t easy for sure. If you persist however, you will be able to build yourself a reliable business that’s under your control.
The good thing is nowadays, you can learn a lot of information about the internet business on blogs and websites.
I’ll be sure to compile a list of useful resources for you soon, as for now, check these out.
Pat Flynn‘s blog that has a lot of great tips and how tos into affiliate marketing, he also hosts a great podcast where he features a lot of successful online entrepreneurs.
Wealthy Affiliate offers courses with a clear plan of action with a supportive network from the owners and the community, it’s a good place to start your affiliate marketing business, learn more about it through my Wealthy Affiliate Review.
Before you run off though, check these 3 Tips To Make Money Online. They will save you a lot of nerves, trust me.
That’s it for now, I hope my experience with the CB Passive Income was beneficial to you.
Don’t hesitate to leave me a comment if you if you have any suggestions or comments. I will reply as soon as possible.