Wealth Magnet System Looks Like a Good Plan - Internet Marketing Australia

Upon researching Wealth Magnet System and studying various web pages, blog posts, and articles, on the surface, it looks like it may be a viable Internet marketing opportunity.

There are some compelling reasons to jump on this one, and pass up other similar type programs like EDC Gold, Passport to Wealth, Perfect Wealth Formula, Predator or Jaguar Marketing System etc.

One major plus is that the income potential with Wealth Magnet System is as high as the aforementioned programs, yet the entry point seems to be less expensive. One report said, just under $300 and the other said just under $800. More than likely there are two entry points. Nonetheless, it's still less expensive than the ubiquitous $997 which seems to be the standard price for many programs like this. I know Perfect Wealth Formula and Predator and/or Jaguar or more expensive and it brings up an interesting point.

Maybe it's just me, but to Google these companies to find out unbiased information can be a daunting task.

Sure you can find out if you are willing to provide your contact information and fill in the autoresponder form, but you will certainly get emails and probably get a phone call from the higher priced programs.

One of the major selling points of these programs is that they do the selling for you.

At Jaguar / Predator, they encourage you to run classified ads in newspapers to hire your own sales force. For the full blow version of this program, expect to pay almost $4,000. Wealth Magnet System and Perfect Wealth Formula (and Jaguar / Predator for that matter) appear to focus heavily on Pay Per Click Advertising or PPC and SEO or Search Engine Optimization. PPC is an extremely competitive market and in my opinion very risky. As more people enter these programs promoting this strategy, competition for keywords will only intensify which will result in higher bids for clicks on certain words which could potentially drain your advertising budget quickly if you don't keep a keen eye on what's going on.

In essence, Wealth Magnet System is no different than any of these other companies with regard to the product. To stay legal, companies like this have to offer a product and what do they all offer?

You guessed it. Anything down loadable:

ebooks, PDFs, training audios, interviews with industry experts, guides, etc.

This is not necessarily a bad thing; in fact, it could be a good thing. If the information is fresh and a good bit of it is company generated, you can learn many things about the opportunity you have chosen and how to market it online. Plus, you will more than likely receive a vast array of motivational and personal development products designed to help you succeed in your business.

On the other hand, if they have old ebooks and simply updated the cover, the information could be outdated at the least or was pure junk to begin with. A lot of that stuff is already available free elsewhere on the Internet.

The best business opportunities are the ones who not only have recorded trainings, but have live phone training where you can actually talk to the owner or team leaders and ask questions or address concerns. Talking to a real person goes a long way in this day and age and is becoming an ever increasing value on the Internet. It's important to form personal relations and communities while establishing a business online. People want to talk to real people, not computers and emails.

With a $300 entry fee, Wealth Magnet System looks like a good plan IF the products are up-to-date and the training is live. It offers a much more reasonable price point than other similar programs that charge $997 and above to get in.