Name: Profits Automatic
Type of Business: Revenue sharing
Price: Free to join
Overall Rating: 50/50
With a name like Profits Automatic, one can’t help but find out what this really is and whether or not you can make money “automatically” with something like this. In this review, you will know exactly what this is and whether or not this is just another scam you need to avoid.
What is Profits Automatic?
Profits Automatic is nothing more than a revenue sharing program, which uses advertising as its backer. People put money into the program and everyone shares in the “profits” that the business makes.
Not Your Ordinary Advertising Platform
Don’t let the advertising part fool you. Although you can get traffic from their advertising platform, it is not something you want to invest in for the sole purpose of promoting your own products.
Unlike Google and Facebook that do nothing but advertise different products from regular people, so that everyone and their mothers on the world wide web can see, Profits Automatic has a different approach to this.
If you go to the actual site, you can see all types of ads all over the place. This is the exact same place you can expect to see your ads if you do plan to use it for advertising purposes.
What Profits Automatic is Really About
Revenue sharing is what is really going on with Profits Automatic. You will see other reviews on this program that do nothing but try and get you to join, so that they can get a commission.
To me, there is nothing wrong with that, as long as they are promoting something that actually works. But of course, this is where things get interesting.
Can You Make Money With This?
This is where things get a little tricky and what you really need to look out for. Now can you? Absolutely.
First of all, this is one very, very risky business. To most, this is nothing but a scam and something you need to stay away from. I like to look at things on a more positive side, until a company does something to let me think otherwise, so I’m a little different.
To me, this can be a way to make some quick cash, but it will definitely not take the place of your good old 9-5. Let me repeat myself. Risky. Very risky.
If you want to start a real business online, I recommend programs like the Wealthy Affiliate, which is probably the best bet for anyone looking to make a solid residual income online.
As far as this program’s concerned, you need to understand a couple of things before you start dumping money into it, thinking you’re going to be the next online millionaire.
What You Need to Know
This is not going to get you out of the rat race, so if you’re thinking about doing this full-time, you might as well stop reading.
If you are willing to take a risk, please do not use your grocery money. There is no guarantee that you will make money, so don’t use money that you aren’t willing to risk.
If you have 100 people in this, I can promise you that it won’t work. You need a bunch of members that are constantly paying into this, or you can expect to make $0 with this.
One big thing that most people never get told is that you need to invest a lot of money to make this program worth it.
It is actually free to join, but of course that will get you nothing. There are actually 2 different ways to make money with this and one way would be their nice little referral program.
I take that back. I guess you can say there’s 3 ways, if you count the advertising part of things. Who knows, you might get lucky and someone will actually be interested in your offer.
Is this Multilevel Marketing (MLM)?
I guess you can say this is some type of multilevel marketing business, because you can get paid a couple of levels down, by referring people to this business.
Again, that is not the primary focus of this business, so don’t think that you are going to get paid every month for the people you refer here.
Now the biggest way to make money with this, is through their revenue sharing program. To me, this is a decent way to make money online, but one that you need to understand before you get involved.
Okay, I got kind of carried away there, but I just can’t stress enough about how risky this program is.
You can purchase positions at $2 a piece. For every $2 you invest, you can expect a return of $2.50. This means that if you invest a dollar, you will make a $.25 profit.
You see what I mean about you need to invest a lot of money to make this worth it? Once your position makes its profit, it expires and you won’t earn anymore money.
The Big Spenders Make All the Money
If you want to make money with this, you will need to invest. Depending on the members, you can really make a lot of money, if there are a lot of people in it.
It’s pretty simple actually. If you put in a hundred bucks, you will make $25 profit. If you put $1000, you will get $250. You following me so far?
The Repurchase Rule
There are two balances within your account with Profits Automatic. One would be your cash balance and the other would be your repurchase balance.
In order for this program to keep going, there needs to be constant flow of money. This is why people will be paying through their repurchase balance, which you can’t cash out.
The way most people do this, is they get their initial investment back, and then they just start putting profits back into the system, so that they can earn more money.
The Payment Processors
First thing I wanted to point out is the fact that they don’t have Paypal as one of their means of purchasing your ad packs.
There are many other revenue sharing programs out there that don’t get approved by Paypal, simply because they don’t approve any type of business like this.
However, here are the forms of payment for Profits Automatic
- Perfect Money
- Solid Trust Pay
I’m not saying that these aren’t trusted processors, but having Paypal is a great indicator that a business is legit. I’ve just seen so many problems with revenue sharing programs and Paypal, that you have to really impress them if you want to use them. I mean, who doesn’t use Paypal?
Profits Automatic at a Glance
Name: Profits Automatic
Price: $2 minimum
Final Verdict: 50/50
Although I can call scam on this program because of the fact that they don’t offer any real value, it is completely understood that this is nothing more than a HYIP (high yielding internet program), so everyone should know what they’re getting themselves into, no questions asked.
It is really up to you if you want to invest your money in something as risky as this. Just remember that there is not guarantee, and even if you do make money, there’s no telling how long it will take before you get paid.
There are other less risky programs out there, but even at that, they will all take time for you to make money. There is not push button secret and you will need to invest money to make money.
You can always take a look at my #1 work from home program and see exactly how I make my living online. This is not a HYIP, but something I think you need to at least give a shot.
I hope this review has given you a better understanding of what Profits Automatic is all about and hopefully you can decide on whether or not you should take the risk. Please let me know what you think about this review and please feel free to ask any questions you may have in the comments section below.
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