So I was on Youtube and I came across this site (which I’m sure a lot of you have as well), and I immediately thought scam.
Before jumping the gun, I had to do this product justice and do my research to put together this Padlock Income review.
I’m not sure if we all saw the same video, but I got nothing but stats on how high his click through rate is and all that nonsense, which I’m sure makes no sense to anyone new to making money online.
So for those of you who are completely clueless about this whole “system”, let me explain everything to you so that you don’t join something you have no clue about.
I am not affiliated with this company, so you can expect an unbiased and honest review which isn’t geared to trying to recruit you like everyone else is trying to do.
Pay attention as I’m sure you have many questions and I’ve got answers.
So What Exactly is Padlock Income?
“Padlock Income is designed to build you a list of people from all over the world and convert them into paying customers”.
At least that’s what they say.
In their sales video, you only see Jeremy showing how much money he made and how he has such an extremely high rate of people opening his emails and actually clicking on the links within those emails.
This of course pops the question of “what in the world is Padlock Income really about?”, especially for those of you who are new to the online world and its make money from home products.
Padlock Income is nothing but a system from which you are drawn to an offer, you get signed up for free, and market the same exact program you just joined.
That’s really all there is to it.
As far as what you will be learning, there isn’t much to offer besides how to get into Facebook groups and spam them with your offer to join Padlock Income, hoping they opt-in using your affiliate link and also do exactly what you just did.
Almost like cash gifting, but the money is just not coming out of your pocket immediately.
Who wouldn’t want to make $6,712.04 in 2 days?
This is how they bait you into joining, which you can’t be blamed for as I’m sure we are all just curious little angels.
Is it Really Free to Join?
Yes, but of course there’s more to it as I’m sure you know you can’t make $64,000 without investing a single penny.
Just like almost every program out there, they will get you to signup for free as this is not only a great way to get anyone to join but also a great way to use some email marketing on you to promote the many offers out there in the online space.
So yes, you can get signed up for free, but you will hit a point in the program where you will eventually have to fork out some cash and we’re not talking $5-$10 either.
This is also what leads to how people are making money with this system, which I would like to cover next.
How Money is Made With Padlock Income
This system is really straight forward and I want to explain exactly how things work as it is actually really irritating when you think about it.
By leaving everything about how this system works out of the equation, it leaves you with almost no choice but to signup so you can see for yourself.
That is the first step to how things work, which will then lead to you promoting this same exact program on different Facebook groups, just like they mention in the training.
You will then make money if any of those people that joined under you purchase the not so free part, which is never mentioned in their sales page.
However, you will see nothing but screenshots of the money that the owner of this system makes, which I’m sure is coming from people like you and me who promote this system.
Then it leads to the actual site from which the money will start to find its way out of your wallet if you do decide to purchase anything and this is what they like to call the “12 padlocks”.
12 Padlocks
There are 12 “padlocks” that come with this system and the first one is going to be your freebie or should I say their way of getting you to come into the system so you can get hit with other marketing offers.
It might sound funny, but that’s really how it works.
After the first padlock is unlocked, everything from that point is going to require you to pay.
So much for free.
So if you get someone to enter this marketing funnel and they do decide to go through with all these different levels, that is how you will make money.
So when you pay for whatever it is that they offer, the person who brought you in will make money.
It’s a really simple method and brings nothing new to the table as there are many, many programs like this out there that operate the same exact way.
So is Padlock Income a Scam?
Not exactly as they do several things to cover their behinds.
Their overall model might not be legit and is pretty much lying, these guys actually follow some of the rules that are required in the online world.
First, there is a nice little income disclaimer, which can be found at the bottom of the site, that pretty much tells you that you will not make this type of money.
That lone is enough to protect anyone as it is required to any make money from home site.
Other than that, there is no value in what you are getting, so keep that in mind before you start promoting this like you’re making money when you’re really not.
Don’t pull the “fake it til’ you make it” method as it is really not cool.
Now if you think that you can make money by sharing this video on social media hoping someone gave into it just like you, then by all means, go for it.
Pros & Cons
There isn’t much to say about this program as far as what I’ve liked because there isn’t much to like here.
I would say that I like the fact that it’s free, but it really isn’t.
I can’t say I like the product, because there is none.
The money shown on their sales page?
I don’t know a single person who is even making $500 with this system, so I can’t say I’m making anything when I’m really not.
There is nothing of value here and all you are really selling is hopes and dreams.
Padlock Income is not your best bet when it comes to making money online and it isn’t even going to be on our top 100.
My suggestion…stay away from this no matter what or you will find yourself scratching your head when you realize that it’s not as easy as it sounds to even make just $1 with this program.
Final Verdict: Not Recommended
Let me just tell you that there are thousands of programs like this out there that offer no value whatsoever.
All you have is hype, some dollar signs, and a dream.
There aren’t many legit ways to make money online but I wouldn’t recommend this program even if you are desperate to make anything online.
If you are serious about making money online, you need to use programs like Wealthy Affiliate or you’ll find yourself scratching your head when you aren’t making any money with these recruiting based programs.
Other than that, you know exactly what you are getting yourself into if you do decide to join Padlock Income.
Whether you make money or not, you have no one to blame but yourself.
Good luck and thanks for reading!