Business Name: Automated Wealth Network (AWN)
Website Address: www.automatedwealthnetwork.com
Business Owner: Tim Chesonis and Mike Cocan
Overall Rank: 40 out of 100 points
Automated Wealth Network (AWN) Scam Review – Introduction:
Automated Wealth Network is a system developed by Tim Chesonis and Mike Cocan, two internet marketers. As per them you can also make money online using their automated system, which is free to start with.
Automated Wealth Network is basically an automated sales funnel that will take you through series of products and offers.
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What is Included in the Automated Wealth Network?
First you need to create account in the system that is free and after account creation when you reach the member’s area then the entire system is locked. All you need to do is to follow step by step instructions and manage to complete those account setup process.
I am summarizing this whole step into simple pieces;
- Attract targeted traffic to your site. This can be done by research your target market, create content or advertising for attracting these visitors, test this traffic for response and check which one is best working for you and repeat this process.
- Build a website in order to capture leads and send an offer. This can be further broken into create a lead magnet which is something entice people to learn more about your offer, using opt-in forms for capturing your lead en
- Setup an auto responder which can capture your lead emails. You can monitor your leads through auto responder, send follow up messages, check conversion rates, build relationship with your leads etc.
- Send email follow up messages that will help your leads to buy what you offer.
You may be thinking how this strategy works. Actually Automated Wealth Network is recommending a site called My Cash Freebies. It is a basically a site where big companies place their ads. In order to move forward in the system, you must first create account with this site called My Cash Freebies and earn one credit.
In order to earn this credit you need to complete offers from fortune 500 companies that are listed with this site My Cash Freebies. Most of the offers are paid ones and almost all require your credit card information.
In order to earn your first commission, all you need to refer a person that do exactly what you have done. When your referral earns 1 credit then you will earn $30 commission.
Things I Like about Automated Wealth Network (AWN)
No Hype as Get Rich Scheme
In training it is very clear from Tim Chesonis and Mike Cocan that it is not a get rich scheme. Very rare to see people telling about honest information to other people. I have seen lot of other programs using title such as millionaire in few days etc. which simply cannot happen.
It is not easy to earn online money and you need to work really hard in order to do the same. Moreover, you build your business step by step as there is no shortcut available.
Step by Step Training
As I explained above that the entire system is locked and you have to follow step by step instructions in order to unlock this. This can help you to stay focus and committed to the specified task. After completing on, you are directed to another.
Things I Don’t Like about Automated Wealth Network (AWN)
Deceptive Marketing Practices
How you feel when you see a buzz about a system and program claim that it is free for everyone but in fact it cost you after joining. The same applies to this system as this system promoting too much on free earning opportunity but in reality this is not the case. In order to activate your system you need to complete offers and most of them are not free. There are trial offers that demand your credit card information. In my opinion providing your credit card information to other is not free and it can cost you a huge money.
Trail offers are for a specified period and they charge you money after trail expires and you need to be very careful in order to cancel your subscription before they charge from your credit card information.
Earning Money is Not Easy
Well the whole system is based on new recruitments. This is not easy as it requires different expertise. There are some training available in the member’s area but I think this is not enough for you.
You need to create your own website and write content regularly for your site and then promote this using SEO or advertisement. Traffic is just not enough but you need targeted traffic that actually converts. I have done all these tasks and it takes a lot of time.
In order to access o the whole AWN you need $30 to start with. This is used to pay for filling out various fortune 500 companies’ offers and trials. You cannot earn money by joining AWN rather My Cash Freebies.
Another requirement is to join Power Lead System that cost you around $27 per month. Although you can get 7 days free trial but later on this is compulsory. In this way you need to pay $57 in first month and afterword’s $27 per month. Power Lead System offers you different tools;
- Lead capture page creator
- Auto responder
- Pop-up creator
- Google Hangout page generator
- Sales funnel generator
Most of the offers requires you to provide your personal credentials like name, telephone number, email and credit card information. I think providing these may be a big risk for you especially credit card information. Others may tempt spam messages and calls like receiving bundles of daily emails and numerous calls.
I don’t think anyone like such things on daily basis. It is better to use new email address so that you are not bombarded in your main email address.
Is Automated Wealth Network (AWN) Legit a Scam? My Conclusion:
In short, Automated Wealth Network (AWN) is not a scam but due to some deceptive tactics and difficult earning methods it is better to avoid such type of site. I never give my personal information to whom I don’t know and I think you also will not.
If you invest such amount of money in the form of monthly $27 and other on offer completion then the only task that left is to recruit new person that do exactly the same that you have done. I think this is not easy for everyone and if you are beginner then you have to depend on your own trial and error methods because very few you can find in the member’s area.
To be honest, online earning is not easy as it requires persistent efforts and your patience. You need to spend daily time on your online business same as mortar and brick business. Best thing is it requires very minimum investment and it can deliver results much quicker than the other business if you work hard.
If you are really looking for online opportunity then why not join the best online platform that guides you all about your online business. I am also be part of this and are very happy. This is especially designed for beginners and you are all under the guidance of owners and community.