Product Name: Automatic Mobile Cash
Price: $25 per network package
What is it?
A Ponzi-like scheme where you pay money to buy in and get money back over time and by referring others.
In theory, Automatic Mobile Cash lets you invest in a company that produces mobile apps and gives you the ability to earn money from the sales of those apps. However, in practice the site fails on multiple levels, especially as it offers no information on what apps the company even produces or how much money you can expect.
Before You Buy
With this site, you are putting in money for the chance of making a little bit back at a time. It is a risk and you aren’t actually buying any product. It is an approach that makes you completely reliant on the site, which isn’t good when the site is far from honest.
What I Liked
The one thing I like about the site is that there is some information about how it works before you actually spend any money. In particular, the site does make it pretty clear that there isn’t any actual product involved, which is a plus.
What I Didn’t Like
Right from the start, Automatic Mobile Cash focuses on how you can make money online effortlessly without really doing anything. This should be a major red flag.
Does it honestly seem likely that you could make $300 each day without putting any effort in?
Claims like this are all too common, because they provides sites with a way of getting people excited and luring them in. It’s all just hype though. Even if it were possible to earn those sorts of numbers, only a very small percentage of users ever would.
So, the only reason for claiming these numbers in big bold letters is to make you think that this program is much better than it actually is.
Why am I so suspicious?
Let’s just say I have seen the same technique over and over again for products that are completely worthless. The hype and the claims are so common, yet it is rare for a site to ever follow through on them.
In fact, the legitimate sites tend to be much more realistic in the estimates of how much you can earn a much more honest in what’s involved.
Investing in Mystery Apps
So, how do you actually earn money with this system?
The basic concept is that every time the site or one of their developers sells an app, you get a portion of the profits. What’s the catch? Well, you have to buy in to the network first and this costs $25 per network package.
The site really promotes buying as many network packages as possible, claiming that you have to buy a large number to earn the claimed $300 per day. This is already starting to smell pretty fishy because you’re potentially putting a lot of money down and there’s no real indication about how much you actually earn.
It's like investing in a mystery business!
In fact, there is no information about what apps you are even earning money for or how likely they are to sell.
This is a major problem, because it means that you have no way of knowing whether you are earning the right amount of money or not. You also have to spend money before you even get a clue about how much money you make. This is not “investing” into the app business. It's sending some mystery guys money and hoping you get some back.
I also have a problem with the whole app development concept.
Yes, apps are huge right now and some companies do earn a large amount of money by creating apps. However, it is also a very busy market with a lot of competition.
Most people or companies who develop apps aren’t actually going to make money off them and there really is no way of predicting what will be a hit or a miss in the market,
If the site really did sell popular apps, then you would expect them to actually advertise what these apps are. After all, it would make for a fantastic selling point. The fact that the company doesn’t tell you the apps involved is a pretty big indication that they aren’t very significant.
Again, With The Referrals Thing
There are two main parts to this site. The first is buying the network packages and earning passive money. The second, is earning money by referring others. This is where the site starts to get even more suspicious.
Here, the concept is that you recruit other people into the company and earn money by doing so and by the people they recruit. Once more, there is no information about how much you earn by doing so. Plus, you are now getting people to invest in something you've never actually tried!
The system is starting to sound a lot like a Ponzi scheme, particularly as there is no real product that you are buying. Theoretically, you are investing in the app development of the company, but, you don’t even know what apps they are developing. Without more people investing more money into the system, I suspect that there's actually no money to go around and pay older ‘investors'. That's why they need you to recruit…to bring fresh blood into the system
This type of scheme is an issue, because it only works as long as people keep buying into it and keep buying more packages. Once people stop doing this, the money starts to dry up and suddenly no one is earning money.
With recruitment, you are trying to get other people to sign up for the company using your referral link. The site promotes this approach pretty heavily, suggesting that users need to do it to get the most out of the company.
In fact, the site even refers to referrals as a second way of earning passive income.
First of all, referring people to a site isn’t passive income and it is more than ‘a few minutes work’. It can actually be quite challenging to get people to sign up for a site – especially when the site is Automatic Mobile Cash and honestly doesn’t look too appealing.
The site provides no real training in how to get people to sign up. All they offer is a few (ugly) banner links, one written ad and a few links to programs. If you don't have a website, where are you going to put a banner? There is no mention of any other approaches, and most people probably wouldn’t know what to do with the approaches that the site promotes.
The two areas that Automatic Mobile Cash briefly talks about in terms of getting traffic are traffic exchanges and solo ads.
Both of these are horrible ways to promote anything and they are not effective whatsoever. I have talked about these approaches elsewhere, but they are approaches that end up costing you money without really leading to conversions.
Can You Actually Earn Money?
Automatic Mobile Cash isn’t a particularly good money making strategy. You have almost no control over how much you earn and no real way of even knowing whether the site is paying you what it said it would.
Yet, some people do report earning profits.
In some ways, earning money through Automatic Mobile Cash is like investing. You are putting your money into this company and earning money back over time. Investing can be a fantastic tool, but not like this.
With this company you have absolutely no idea where your money is going or how much sales the company makes. So, you might see income for a while, but there is no guarantee that this will keep being the case. There is also no guarantee that you are actually earning money through app sales at all.
Sometimes, choosing to join a program isn't about whether you can make money or not. It's about whether earning money is high or low risk, and whether it's ethical or not.
Not Sustainable At All
We’re not exactly talking about huge payments to start off with. One reviewer reported an average of between $3 and $4 per network package. This setup means that the best way to make money is to keep putting money into the company and referring people to it. Even if you work your butt off and grow it to $100 per day, do you really believe that this company is going to be around for years in the future?
Also consider that the company doesn’t actually guarantee any specific level of profits, so there really is a strong potential that you will be left high and dry. What's their risk? We don't know. We're just sending them a bunch of our money and hoping they sell some apps effectively.
If you are going to invest money, then invest it in something where you actually know what is going to happen and have some control. This isn’t something that you get with Automatic Mobile Cash.
Automatic Mobile Cash is a risky endeavor. It would take time to get enough money from the company to even make a profit and there is a continual risk that the payouts would reduce or stop altogether. With Automatic Mobile Cash you are just trusting the company far too much, and it is a company that isn’t exactly honest in its marketing anyway.
A key component of a successful long-term business is control. You need to have control over your own income and this is something that businesses like Automatic Mobile Cash simply don’t offer.
This is why there is so much power in having your own website.
With your own site you have the ability to develop it yourself and it really is possible to make money simply through promoting the products of other people and other companies. This is something that I do, as do many others.
If you want to learn more, have a look into Wealthy Affiliate. This online community has trained many people in making money online successfully and continues to offer relevant, interesting and up-to-date training, regardless of your skill level.