When it comes to buying leads, people think it’s fast and easy to send your promotional emails to the leads you buy. But, I think it’s not worth any penny from your pocket.
My affiliate marketing way is to build trust with your target audience first then try to provide value, support & help, or my insight on some topics.
Then if they like you and believe what you say, it would be highly possible they do purchase something you share on the internet.
What Is Pennies 4 Profits?
-Summary of Pennies 4 Profits-
Product Name: Pennies 4 Profits
Product Type: Email Leads Selling Membership Site
Price: $30 set-up fee + $30 monthly membership
Best For: NoBody
Pennies 4 Profits is an email lead selling membership site. Meaning you buy emails for your email marketing, either send them your website or blog & hope they could click on your article or the product you are promoting.
They would provide you 100 leads every single day and approximately 3,000 leads per month. You need to pay for a one-time set-up fee(I have no idea what this cost means…) and $30 monthly subscription fee.
3,000 leads / 30 days = 100 leads / per day
$30 monthly fee/ 30 days = $1 / per day
$1 / 100 leads = $0.01 / per lead –> This is where “Pennies 4 Profits” came from!
It’s kinda tricky that the cost seems less, so you won’t bother to pay for it without considering too much, right? I believe some of you might pay for this without a blink.
How Does It Work?
You would get 100 leads every day and there is 5 information you will get from the list:
- First name
- Last name
- IP address
- Fresh Factor Date(To let you know these leads are newly-generated instead of old ones that have been used.)
Once you get 100 leads from P4P every single day, you could go to your email service provider and import the list. Then just follow your routine to send messages to your beloved audience about something you want to share.
If you are new and don’t have an email service provider, don’t worry, you could import the list to P4P’s CAN-SPAM compliant mailer where you can send emails to your leads effortless.
This is the whole process, sounds quite easy, right?
What I Liked About Pennies 4 Profits
TOP#01 Low Cost But Risky
To be honest, I got the idea when you see “One penny for one lead” from P4P. It’s a HUGE attraction when you just started your affiliate marketing journey and didn’t have a clue where to find the leads.
You must feel it’s so easy to get a 3,000 leads in a month, and it might start to generate commissions for you if you were lucky. In the long run, I think it’s risky and damaging your online business.
What Pennies 4 Profits provide you 100 leads per day, and you could send emails to the leads by your email service provider or P4P’s CAN-SPAM compliant mailer.
It’s very easy to understand all the concepts and ideas to proceed for each step, and I promise you won’t get lost.
TOP#03 A Very Simple Website
The website of Pennies 4 Profits looks very simple and I think it’s a no-brain one. You don’t need to think much about how to navigate on their website and it’s easy to find things you want.
Ugly Truth About Pennies 4 Profits
TOP#01 Unknown Founder & Mysterious Company
If your product is that good enough, would you avoid letting people know you create it? I think the answer is “NO”. Without giving people a chance to know your know only reveals a high possibility this membership plan is a scam.
There are many ways to examine whether an online program is a scam or not, unknown or fake founder info is on top of the list.
At the footer of P4P’s website, the company behind all of it called “Prospect Flow USA”. It caught my attention, so I went for a google search and found nothing…
TOP#02 The Sources
In the demonstration video, we could see clearly that you only need to download a list of leads and send them emails about your promotional materials.
But, don’t you never think where did them come out the list? Where did they get the emails? Would they real people?
Nowadays, people worry that their privacy is exposed to the wrong hands when people sign up for either a new application or a new online program.
If the unknown founders of P4P got those personal emails by an illegal method, would you think you play a part of it?
TOP#03 Risk Your Business
We talked about the unknown founder information and the sources of leads, it’s time to know whether it works for your business.
For me, I think it doesn’t help at all but risk your business. How do you know those people on the list have an interest in what you are going to sell? Or your emails only sent to their spam folder without being read?
It’s highly possible this would happen and it won’t work as good as what they mention in that video.
TOP#04 Refund Policy
Normally, an online program would offer a 3-day trail at least in order to let you get the taste of it, so you would know you like it or not. There are many programs provide 14-day or 30-day trial, so P4P doesn’t do it quite well on this aspect.
Since P4P doesn’t provide any trial, it must need to have a very good refund policy. What I found on their website is that you could request a refund in 24 hour grace period. And it sounds a total scam for me!
It means you pay $60($30 set-up fee + $30 the first month fee ) and you cannot take it back if you miss asking for a refund within 24 hours.
Let’s go rewind a bit for P4P’s business model! They provide you 100 leads per day, and you could send emails to your lead to promote something. Right?
But, would you quit at the very first day when you only get your 100 leads? or you would try like two weeks or a month to see the result then ask for a refund? I think the answer will be the latter.
So, Pennies 4 Profits set the refund policy within 24 hours is not making any sense!
TOP#05 FAQ Looks Sad
For any online program I’ve joined in my life, I NEVER saw which program has this little FAQ about their products.
It might show they are very confident about its product and make the interface nice and easy-understanding, so you won’t have questions except these five.
On the other hand, it means they didn’t put much effort on the Q&A. If you have a question, you could email to their support desk for the solution.
My TOP#01 Doubt For Pennies 4 Profits
They stated that they have over 300 Joint Ventures with the top Internet Marketing leaders per below screenshot, but they didn’t even provide the list as a proof.
So, it is very paradoxical if you don’t show us your real identity and your company info & all these 300 Joint Ventures, and I think people like me won’t believe it.
As for the scarcity pressure to promote P4P, you can refer to the below screenshot that the price will go up to $1,299 once the 17 tickets sold out.
WOW! I do see this from legit companies on the Internet to sell solid products and services, and it’s quite shocking a scam like Pennies 4 Profits uses the same method to attract members. Please be careful!
My BONUS Tip For Creating GOOD Leads
I know you are eager to find the leads to create commissions, but unfortunately, P4P isn’t the right answer. My advice for it is by the below process, and I hope you could benefit from the same.
- Build your own website, how did I create one in less than 1 minute
- Set up an email service provider and allow your visitors to opt-in to your list
- Create a Lead Magnet, this could be ebook, free trial & training, software tool, a checklist, or a blueprint.
This is the most decent way to create good leads and people will become your fans and customers based on the firm bond you build with them.
My Alternative Way to Make Money Online
My TOP#01 Recommendation to create a solid website is Wealthy Affiliate, and I can’t wait to share anything I learned from this amazing platform.
With Wealthy Affiliate, it’s easy to follow their instruction to build your website just like what I am doing HERE. It will also lead you to create your successful online business.
Wealthy Affiliate Income Proof
Here are some of the most active members from Wealthy Affiliate. Each of them did succeed in generating a sustainable income to replace their 9-5 jobs. You are more than welcome to check their stories HERE.
- I Made Over $1 Million With Affiliate Marketing.
- Can someone make a full time income promoting WA? You bet they can!
- What Does $1000 Per Day Look Like?$
- 40,000 In One Weekend
- A Very Humbling $12,803.26 Month – August Progress Report
- It’s Getting Better: $500+ in 2 Days
- Newbies Pay Attention! $5,195.20 Affiliate Check for June: Thanks WA!
- Joined the 10K Per Month Club. January Earnings $13,481.39
- New Record: $1,300+ Per DAY! Affiliate Marketing Works & Rocks!
- Made $7,395 in a WEEK: First Black Friday Results!
I hope you enjoy this review and you are more than welcome to share ideas or leave your comments below. I will reply as soon as I can, thanks.