banner ad

What is the Wealth Network? Scam or Legit? The Answer is HERE

Filed in Popular, Product Review by on May 24, 2018 14 Comments

The Wealth Network

5

Quality of the Program

5.0/10

Support

5.0/10

Price

5.0/10

Reputation

5.0/10

Pros

  • Training
  • Support
  • Tools

Cons

  • Some refund complaints
  • Exaggerated income claims
  • Program is relatively new
  • No free trial
  • PBN is not a safe strategy

The Wealth Network review

 

Name: The Wealth Network

Website: www.thewealthnetwork.com

Founders: Josh Jacobs, Aaron Andrews, Jesse Singh

Price:$3/$47 – $67/Month

Overall score: 50 out of 100

 

In the sales video Josh or Aaron talks about how they generated 6 figure income in 3 months. They talk about how you can generate big profits online too.

They show the check of Josh Jacobs who earned $202.750 using their TWN system.

They tell you a classic story how Josh was a student with $200 in his pocket and then decided to find a way to make money online.

Nothing was legit among programs he came across online. He was spending money and getting no results.

He was promised the world but got little help. Finally he found a system that changed his life. He generated 6 figure income in the first year.

Then he showed the same system to his brother and he started making $10.000 per month in 3 month period.

And then he made his own 3 step system that could generate a massive amount of money for ordinary people like you.

Then he shows his members and their income and says they have been able to generate hundreds of thousands of dollars in 30 days.

Anyway, is all this true or is it just another scam? What is the Wealth Network? Scam or legit business opportunity? Let’s find it out.

 

Short review of the Wealth Network

The Wealth Network is a training center for people that have no experience in making money online and wanting to start their online business with Amazon or eBay. It’s all about buying or not buying products for cheap and then selling them for a higher price.

 

Start Your Business HERE! My Favorite Program Since 2013.

 

 

 

 

Pros of the Wealth Network

  • Training
  • Support
  • Tools

 

Cons of the Wealth Network

  • Some refund complaints
  • Exaggerated income claims
  • Program is relatively new
  • Advertising budget required
  • No free trial
  • PBN is not a safe strategy

 

The Wealth Network review

The Wealth Network is a platform for anyone wanting to build an online business and sell Amazon products.

The platform shows and teaches you how to find the right products and sell them through your e-commerce site.

They also give Smart Funnels tool that helps you create landing pages.

First, you will watch their advertising video that I think is a little misleading and then they give you an option to pay $3 to join the Wealth Network.

The video says you will get this:

 

  • Introduction to the Wealth Network
  • The #1 Secret to Ensure Your Success
  • How to Make Money on Amazon
  • How to Find Profitable Products on Amazon
  • How to Ship Your Products to Amazon & Start Getting Sales

 

the Wealth Network members area

 

In fact, when you join the Wealth Network you will have two options/modules:

 

Ecommerce Wealth Center – $47/month

  • Amazon Training
  • Profit Spy
  • Webinars
  • Top Resources
  • Facebook Mastermind Group

 

Marketing Wealth Center – $67/month

  • Smart Funnels
  • TWN Blogging System
  • Marketing Training
  • Top Resources
  • Facebook Mastermind Group

 

For example, they show you how to buy products for cheap from some places, retail stores and then resell them on Amazon for a higher price.

They show how their system can help you make more money per day than the average person does per month. In their video you can see the following explanation: “This basketball that costs $24.99 at Dick’s and sells on Amazon for $66.92 (a $26.71 profit) was found using our Product Research service called Profit Spy”.

 

 

I don’t want to say that their Profit Spy tool is totally useless. But the main problem here is that you can find the same product on Amazon for $24.99.

From my experience I can say that it’s true. When you search for a product on Amazon, it gives you several options at different prices to choose from.

You can find the same product with 2,3 different prices. Normally, you choose the cheapest one and it’s what I normally do when buying something on Amazon.

Over the past one year I spent on Amazon more than $2000. I could spend way more but thanks to various price offers provided by Amazon itself I was able to save a lot of my hard earned money.

It means it will be really difficult to sell a product on Amazon for a higher price.

No one is going to buy a product for $65 when it’s available for $25 on the same Amazon site. Plus you have to pay $15 fee to Amazon which means your net profit will be only $11.49.

When it comes to their Marketing Wealth Center it provides you with helpful tools that you can use for your business. The tool is good but I’ve seen other programs that give you way more and of course the price is way higher.

For example, the program I’ve been a member of since 2013 provides great tools and awesome support. You can build the same type of business and the price is all-inclusive.

You don’t need to pay two prices like with the Wealth Network. You pay only $49 per month and it includes everything.

 

The Wealth Network’s Amazon training includes a lot of modules:

 

  • Intro to Amazon FBA
  • Setting up Amazon account & overview
  • Protecting your account
  • International seller info
  • Supplies you will need
  • Intro to buy box sales rank & Price history
  • Retail arbitrage sourcing
  • Listing your products
  • Creating shipping plan
  • Online arbitrage basics
  • Profit spy
  • FBA toolkit
  • Amazon assistant and more

 

With the Wealth Network you will learn dropshipping and retail arbitrage. Dropshipping means you don’t store products at your online store.

When your customer places an order you purchase the product at another store, from a third party and that party ships the product to your buyer.

Dropshipping has both its advantages and disadvantages. The biggest disadvantage of drop shipping is that your income potential is very limited.

Also, you never know what products are available because you don’t actually store them.

Also, if you ship several items from different places your shipping costs will automatically increase and delivery time for each product will be different.

Finally, you can get many complaints from your customers due to mistakes made by your suppliers. That’s why drop shipping is a very specific business.

In my opinion, it’s way better to have your own online store and promote products as an affiliate. For example, as an affiliate of Amazon.com website your responsibility will be minimum.

You bring visitors to your store, they order an item and the rest will be responsibility of Amazon that works like a clock.

I believe affiliate marketing has many advantages over drop shipping.

There is also a lot of work to be done when doing a drop shipping business.

If your customer places an order on your store you will need to find such a product at other place, let’s say on Amazon.

Then order this item on Amazon and put there your customer’s shipping address.

Then you take tracking details of that order and send it to your buyer. Imagine if you do it every day with multiple orders it will involve a lot of manual work.

When you do it through affiliate marketing instead you don’t do any of that.

In the training you will also learn how to buy products from retail stores and ship them to Amazon’s warehouse and keep them there.

You will list them all at Amazon like people do it on eBay and then wait for orders.

Once you get an order from someone you will ship your product from Amazon’s warehouse. It’s good because you can have some products at your hand ready for shipment.

On the other hand if you can’t get an order it will be considered as your income loss. Or to avoid it you can sell it for cheap.

In this case you can be unprofitable too. Because when you reduce your price you can come to the point when you become unprofitable.

 

What I like about the Wealth Network

First off all, Wealth Network provides training on how to buy and sell products on Amazon or eBay through a system known as dropshipping.

The first time I heard about dropshipping was 3 years ago.

Based on what I know about dropshipping I can say that there are people that are making a solid income using this method and there are people that make zero $. There are some programs that teach it the right way.

When it comes to the Wealth Network, all I can say is that the program is good but it’s not the best program out there. As I know, Salehoo or Shopify are the best ones.

The Wealth Network provides tools and support which is great. Using their tools you can build a website, landing pages.

These guys have a good experience in dropshipping business which means they know what kind of landing pages convert well and some other stuff.

 

What I don’t like about the Wealth Network

My research shows that though the Wealth Network is legit there are some cons in the program that I want you to be aware of before you join it.

First, these guys (Josh Jacobs, Aaron Andrews, Jesse Singh) make exaggerated income claims, such as making hundreds of thousands of dollars in 3 months. I completely disagree with this claim.

 

the Wealth Network video

 

This program requires a solid advertising budget to buy traffic. Because without traffic your business won’t make you money.

The kind of income they promise you can be achieved only IF you can drive a ton of traffic to your website.

A ton of traffic requires a lot of money. Free traffic doesn’t always work as you may be expecting.

The Wealth Network is relatively new and can’t show you enough proof to back up their success record. Since it’s new I recommend you to be extremely careful.

When you start watching their advertising video they invite you to join their program by paying $3.

But they don’t explain if it’s a one time payment or not, if there will be recurring monthly payments or not. They simply don’t explain anything.

If you choose to pay you don’t know what to expect afterwards. Will your card be charged again? And how much? Not clear.

I found some complaints about the Wealth Network from their members that failed to get a refund even after multiple emails.

Instead of giving a refund they send you to your TWN advisor whom you don’t even know about.

Just be careful before you decide to pay for the program because you may be then struggling to get a refund.

When you watch the Wealth Network advertising video it’s not clear what you are going to do to make money.

 

the Wealth Network promise

 

They just explain how easy it is to make money with their system and how fast you can start making money and make lots of money. It’s not clear which means it’s a little misleading.

When it comes to the Wealth Network’s marketing training on comprehensive blogging taught by Jesse Singh he teaches some strategies, such as PBN which is very dangerous in terms of search engine rankings.

Your website can be severely penalized by Google in case your site gets caught.

 

the Wealth Network testimonial

the Wealth Network testimonial

 

In the advertising video on TWN website Josh shows some testimonials from his members. Many of them are making huge numbers per month. But who can prove that?

 

Can you become successful with the Wealth Network?

Considering that the Wealth Network is not a scam and provides training, tools and support you can become successful with TWN.

You can if when joining the Wealth Network you realize that it involves a ton of effort, patience and a budget for advertising.

If you realize it and are willing to follow all the steps required for your success then do it.

But keep in mind that most likely you won’t achieve the level of success you have been promised in the video on TWN website.

 

 

If you accept this truth then join the Wealth Network. Otherwise don’t join because you will be disappointed.

And for this reason I gave TWN such a low score as 50 out of 100. And for the same reason I don’t recommend most of the programs I review on my website.

Because most of them including the Wealth Network make such big income claims and promises.

It’s really shameful that they get people into the program using such misleading methods.

I recommend only programs that provide good training, tools, support and explain to people that it takes time and effort to start making money.

It means you can become successful with the Wealth Network but you need to be aware of all the pitfalls that I’ve tried to describe here.

 

Final word on the Wealth Network

I don’t want to keep you from joining a good program that possibly can teach and show you how to become successful online.

Maybe this program is the best fit for you. Maybe not. Who knows? Maybe you will be completely disappointed.

That’s really a big question. My goal is to help you make the right decision.

Let me explain it in a few words. The Wealth Network is not a scam. You definitely can learn some good methods how to make money using dropshipping.

I want you to keep a few things in your mind before you decide whether to join TWN or not.

The program is relatively new and I think there is no enough proof record to prove that the Wealth Network works exactly as it’s advertised.

Josh makes unsupported big income claims and there is no way to prove all those claims are real.

According to their testimonials on their website it looks like all their members are millionaires. Look, I’m not saying they are fake. All I want to say is that their income claims are too big.

From my 4 years experience I can say that VERY FEW people can achieve $5000 per month mark with their online business not to mention 6 figure per month.

From their video it looks like all or many of their members are millionaires. I don’t think it’s true. Just keep this in your mind if you decide to join the Wealth Network.

 

Final glance at the Wealth Network

  • Training
  • Support
  • Tools
  • Some refund complaints
  • Exaggerated income claims
  • Program is relatively new
  • Advertising budget required
  • No free trial
  • PBN is not a safe strategy
  • Overall score: 50 out of 100

 

Start Your Business HERE! My Favorite Program Since 2013.

 

Tags: , ,

About the Author ()

My name is Rufat. I'm the founder of Your Income Advisor. My goal is to help others succeed online, by exposing scams and reviewing top rated products. I can help you start your own business online

Comments (14)

Trackback URL | Comments RSS Feed

  1. Reyhana says:

    It does look like Wealth Network teaches some good things but like you, I prefer affiliate marketing over dropshipping.

    And from my evaluation after reading your post, I don’t think the amount they charge on a monthly basis is worth what they are teaching. A lot of the information can be found for free online.

    The fact that they lack transparency on their sales page does not make me want to trust them very much. As an experienced marketer, I can vouch for what you say; that it takes A LOT of effort to drive traffic to a website.

    Thanks for exposing the ugliness behind this program. Now we can all make an informed decision of whether to join this program or not.

    • Rufat says:

      Yes, that’s true. You can find a lot of information online without spending money. But the quality of the information will not be the same that you get from the paid training. When it comes to the Wealth Network you can definitely learn a thing or two and set up your business. Of course, it’s not as good as Shopify or Salehoo. But still it’s not bad. The main problem here is that they promise you big profits in 3 months which is not realistic or easy. I think any program that promises you a lot of money in 30 days or 90 days should be taken with caution. Maybe I’m too strict in my judgements but this is how I see it.

  2. Mat A. says:

    Hi Rufat,
    Great article and write up on the Wealth Network. It certainly seems like a legitimate opportunity but as you wonderfully stated, it’s going to take a lot of hard work (which is fine) but also some deep pockets to drive traffic. The reason people typically get into affiliate marketing is because they are looking to make additional income and don’t have a huge pocketbook to fund it. So in a way it seems kind of strange that they would target folks this way.
    Like you I find huge value in the WA product and community. In general it is just a wonderful concept and product and the community is second to none.
    Thanks again for the great write up. It could be right for some people, most likely not me.
    Mat A.

    • Rufat says:

      Wealth Network is legit but as you see from my review I don’t want to recommend this program because they promise you to make big profits in 3 months. From my experience in making money online and with other programs like Wealth Network I can say this type of promise is very common to make money programs. So far I haven’t seen a single program that could make this promise come true. From my experience I can tell if you see such a promise you better avoid that program. Not because it’s a scam but because it’s almost impossible to make big profits in 90 days.

  3. Tivanam says:

    I’m very excited to read what you share about the Wealth Network, but it really takes a huge extra to drive traffic, as well as not sure if we have achieved such What’s in the video of the Wealth Network they shared.

    I am also currently on the Wealthy Affiliate network, where they teach me how to make money with my passion, step by step. I think WA is more suitable for me than Wealth Network.

    But I will look at the Wealth Network more when I intend to learn about the methods of earning money that they will train as you refer.

    Thank you very much for sharing.

    Tivana Nam – Affiliate With Nam

    • Rufat says:

      All such advertising videos that I’ve seen to date were misleading and Wealth Network is not an exception to a rule. I’m glad to hear you are part of WA network. It’s really a great program that provides all kinds of tools and support and never makes big claims. And that’s why people love Wealthy Affiliate due to their realistic and honest approach. Learning something new from other programs like Wealth Network is a good idea. I always join some new legit programs to expand my knowledge and experience. But when you plan to start a new online business from scratch WA is definitely one of the best platforms I’ve seen to date.

  4. Taq'uee Hicks says:

    They show the check of Josh Jacobs who earned $202.750 using their TWN system and these systems can help a ton of families. Then he shows his members and their income and says they have been able to get loans or buying things they might love. The Wealth Network is a training center for people that have no experience reading labels or working on store plannograms.

    • Rufat says:

      I don’t know if TWN members know about plannograms or not but drop shipping is a legit way of making money and TWN system can teach how to make money. I would recommend it if TWN made more realistic income claims. I think Salehoo is a much better alternative for the lovers of drop shipping. Otherwise i reconmend affiliate marketing.

  5. Ben says:

    Hi Rufat!
    Your review is complete. Good Work. Believe it or not, I didn’t know about drop shipping until now. I can believe that something like that is even legal. It seems to me that is a perfect opportunity for people looking to make profits online. Hey about the final comment, Do you think that is that hard to make a decent amount of money on affiliate marketing? How has been your experience?.
    Keep the great work!

    • Rufat says:

      Some people are making a solid income with drop shipping but they have been years in the business. So, it’s not easy. Affiliate marketing is not easy too to be honest. But it has way more advantages over drop shipping. Plus it has no disadvantages that drop shipping does have. In my opinion, affiliate marketing is better than drop shipping. Making money with affiliate marketing is easier than with drop shipping. It can even be automated. With drop shipping automation is impossible. It involves a lot of manual work to be done. My experience with affiliate marketing so far is good. I’m not making millions but I’m doing alright.

  6. Chase says:

    I’ve not come across Wealth Network, but it is interesting to hear you say that it isn’t a scam even though they have exaggerated income claims. Most of the time those “over estimations” are a clue into a skeevy program looking after your money. But the ad budget is to be expected (I think) and the money per month is a lot ($60+), but not too outlandish. Thank you for reviewing this program though. I see you have a link for your favorite online program, may I ask what it is? Thanks for the help!

    • Rufat says:

      You’re right Chase. Most of the time like you say those over estimations is a straight way to falling for some scam offer. Fortunately, this one is not bad. Though they provide legit training and mediocre support their claims are exaggerated. Regarding my recommended program, it’s about affiliate marketing. Your monely expense will be only $49. per month and this price includes everything including support, tools, websites, training and weekly live webinars. I believe it’s way better than what the Wealth Network has to offer. And by the way, you can try this program for free. No payment info is required.

  7. jessie palaypay says:

    Are there any other superior courses to the wealth network that you know of that will teach drop shipping? I never really realized how much work goes into it. I also heard that if your customers return a product, you have to deal with the customer headaches. Thanks in advance for answering my questions.

    • Rufat says:

      There are some other courses, such as 100k Factory, but it’s too expensive and there some complaints from old members. Some of them even complained about having been scammed by 100k Factory. They made big income claims exactly as it was done by Wealth Network but people made zero $. That’s why I always warn my readers about such programs. If you have an interest in drop shipping I think Salehoo or Shopify would be a good option. I recommend to start with affiliate marketing. Regarding product return and customer headaches that’s true. In fact, you have to be responsible for what is supplied by a third party. This creates a headache for you as a drop shipper. It’s also one of the biggest disadvantages of drop shipping business.

Leave a Reply

Your email address will not be published. Required fields are marked *