Have you been typing “passive income businesses” into google lately?
If you have, it’s no surprise you’ve come across Matthew Neer and his Digital Bankroll program.
Matthew pitches this as a mostly passive investment opportunity because he offers a done for you solution.
But who is Matthew Neer? What’s inside the program? And how much does it cost?
Scroll down for my full Digital Bankroll review!
My #1 Recommendation For Making Money Online In 2024
So what’s the whole offer?
Well really what it comes down to is you buying email lists from Matt and then using all of his marketing materials and funnels to push towards people on that email list so that they buy his program (or others) through your email marketing efforts.
Basically this is email marketing with the list building and marketing part being alleviated because of him.
Sounds great in theory…just email blasting endless amounts of people all day…but email marketing has an insanely low conversion rate.
We’re talking like 1.5%.
And I get it, if you have 50,000 contacts…that sounds like it’d be pretty profitable.
But the most difficult part is not getting marked as spam ad getting people to even open your emails.
On top of that…he has another offer…a “gold” offer where he’ll teach you higher level marketing techniques such as paid ads…but that can get pretty expensive pretty fast.
My #1 Recommendation For Making Money Online In 2024
So how much does Digital Bankroll cost?
Well his “silver” version is just $997.
I assume that this is just video training and nothing exactly done for you.
Of course you’re also going to have to have to buy the lists and other marketing materials from him after that as well.
His “gold” version costs $5,000 and goes over those higher level marketing skills I mentioned earlier.
I’d imagine for that price you’ll also get a couple “freebies” as far as lists and marketing materials go.
The main issue with all this though is that it can very quickly feel pyramid schemey.
Think about it…you’re selling people a course that teaches them how to sell that same course you’re selling.
Where’s the actual products and services besides buying more stuff from Matthew Neer’s store?
It kinda reminds me of those age old MLMs…ya know…where people make more money off recruiting people than they do by selling products?
I get the same vibes here.
Count me out.
I’ll stick to just building little local websites that actually produce real value to the world.
