When you think of running an Internet Marketing business, what are some of the things that come to mind?
Most people might think of business models like:
- Affiliate Marketing
- eCommerce
- Social Media Marketing
The trick with internet marketing is finding what works for you and sticking with it.
Running an online business does have its benefits such as the potential to reach a global market, relatively low overhead, and the flexibility to work wherever and whenever you want
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Of course, there are a lot of challenges that come with it as well.
And that’s what we’re going to talk about today in this Digital Bankroll Review. I want to take just a few minutes to go over this course by Matthew Neer, answer some of the more common questions I get, and help you decide if it’s something that you should take a look at or pass on.
Hopefully by the end of the review, you’ll have a good idea of whether or not Internet Marketing (at least Matthew’s view of it) is something that you’re cut out for.
Then, at the end, we’ll take a look at something that many internet marketers are gravitating to mainly because of its effectiveness and simplicity.
Now, with all that out of the way, let’s get going…
What Is Digital Bankroll?
Digital Bankroll is a course created by Matthew Neer with the idea of having a DFY (Done For You) type set up. Basically, Matt and his team will put everything together for you, you promote affiliate offers, then you get a part of the profits.
The foundation of the program is set up on 3 pillars:
- Affiliate Marketing
- Email Marketing
- Multi-Level Marketing (MLM)
Matt started Digital Bankroll back in 2011 as a simple strategy guide, but over the years has grown to offer a lot more, including other courses that go into much more detail.
Even though most of the work is done for you, you still get training on how to make online sales and the tools that you’ll need.
The affiliate and email marketing part of the course seems pretty straightforward enough, but Matt decided to throw a little bit of MLM in the mix which allows you to make money by signing other people into the program
Sounds pretty cool, right?
Well, some people have expressed a few concerns about this part of the course given the kind of bad wrap that MLM companies have received over the years.
To give you an idea of how this might work, let’s say you get started with the program and purchase a list of 500 emails.
You then start emailing these people and 100 of them join the program and start doing the same thing.
The ultimate problems you’ll run into is that you could either be in competition with other members emailing the same people, marketing to outdated email addresses, or getting dinged for being a spammer.
Who Is Matthew Neer?
Matthew is widely known in the internet marketing industry for affiliate marketing with about 10 years under his belt. His claim to fame is that he managed to become one of the top affiliate marketers for Clickbank and as a result, launched a few of his own courses for online businesses. Here are a few:
- Speed Wealth System
- List Leverage
- Viral Income System
- Income league
- 5k Formula System
Matt is originally from Miami, FL and found out about MLM and Affiliate Marketing when he was 18 years old trying to make ends meet as a pizza delivery boy.
He says that his courses are set up so that just about anyone can make money with them, even though nearly 95% of affiliate marketers fail and email marketing has notoriously low conversion rates.
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How Much Does Digital Bankroll Cost?
The cost of the program is broken up into 3 different tiers:
- Silver: $997
- Gold: $5,000
- Diamond: $25,000
On top of this, there are no refunds offered, and going from $1k to $25k is a pretty big jump.
What Do You Get With Your Purchase?
Here’s a quick breakdown of what you’ll bet for each level…
Silver
- You get access to 30 day case studies on different affiliate marketing strategies
- A 6-week course that you can study from home
- Pre-written emails for your marketing
- Landing page templates
- Live weekly webinars
Gold
- 18 hours of videos about paid marketing techniques
- Access to Matt’s private community for brainstorming and support
Diamond
- 2-day live Miami Mastermind
- Digital copy of all training events
- VIP access to the DB team
- Exclusive networking event
- DFY Sales Funnel
My Opinion Of Digital Bankroll
Do I think Digital Bankroll is a financial freedom scam? Well, I wouldn’t go that far…
I mean, if you know your way around affiliate and email marketing, then you could probably do really well with this program.
The MLM side of Matt’s course does make me a little hesitant about recommending it mainly because I’m not all that fond of the business model.
If you do decide to join, I would stick with the $997 Silver version just to make sure that you don’t break the bank with the other two versions.
I know that having access to an additional 18 hours of training or a private community seems tempting, but still it’s a big bite out of your pocket book.
Are There Better Ways To Make Money Online In 2024?
If you’ve taken a good look at these 3 business models you’ll likely see that you can definitely make money with them, the question is How Much and for How Long?
With Affiliate Marketing you’ll need to have a good product that has a good commission structure and a lot of people who want to buy. Youtube affiliate marketers seem to do ok so long as you’re not afraid to be on camera. Unfortunately, some of the best selling affiliate offers have a tendency to flame out.
With Email Marketing you’re always having to purge and rebuild your list either because people unsubscribe or forget about their email addresses altogether.
With MLM it’s hard to build and maintain a downline of recruits due to the nature of the business model or people jumping from one program to the next.
This is why I’ve been doing Digital Leasing over the last few years which is nothing like Digital Bankroll, because it’s what I believe to be a REAL business, and the best part is that it’s passive income.
Basically, I set up digital assets that bring in customers for small local businesses and they pay me for it, usually anywhere from $500-$2,000 per client.
Now imagine having more than just one client… the sky’s the limit.
So, if you’re interested in learning more about Digital Leasing and why I recommend it, click the button below.
