You’ve probably heard of Emailconomy from an email you received or maybe even through a link that was floating on social media. It’s all about how you can make a ton of money by collecting emails.
But is Emailconomy a scam, though? There are so many other programs that sound as good, or even better, but that have all been proved to be either so low-quality that you won’t make money, or complete scams.
That’s why I decided to look into the program today; to expose it for what it really is and also to help you an informed buying decision.
Emailconomy At A Glance
Owner: Angel “Michelangelo” Lopez
Purpose: Make money collecting emails
Do I Recommend It?: NOPE!
What Is Emailconomy?
The person that presents the opportunity is Angel (Michelangelo) himself. He basically tells you that you’ll be able to make money simply by collecting emails. The more emails you collect, the more money you’ll make.
He takes Groupon as an example; they do list-building and send out offers every day to their list. Each time somebody signs up for a deal, they make commissions.
Angel says that this is the fastest way to make money from home and it will make you rich. Only work 7 hours a week, collecting emails addresses and sending out emails. Do that in the morning and make $500+ by evening.
You could make $1000, $2000 or even $10K per month with Emailconomy. You’ll be an affiliate of the program, where 99% of the work is done for you. Everything is on automation. No need to sell anything.
When he puts it that way, it sounds so good, right? It sounds like there’s not much work to do and that you’ll be able to quit your job in no time. Even those testimonials say they’ve made thousands within a few weeks.
But the truth is that I smell a get-rich-quick scheme. I’ve seen so many programs promise the same things and never deliver and I have a feeling that Emailconomy is no different. There are probably some things that are hidden.
If it was so easy to make money online, then why isn’t everybody rich? Why isn’t everybody quitting their jobs and sending emails? It’s easy to send emails, right?
Everybody would favor a 7 hours work week over a 40 hour one any day, right? So what’s the catch?
The problem with these program is that they only focus on the positive and don’t tell you of the hard work and other financial commitments you’ll need to make the business model work.
I’ll prove to you that Emailconomy is not all it’s cracked up to be.
How Emailconomy Works
To make money with Emailconomy, you need to join at one of the 3 tiers: Inner Circle, Diamond or Master levels.
Inner Circle Level – Costs $500 One-Time
Diamond Level – Costs $1000 One-Time
Master Level – Costs $2500 One-Time
Does it matter at what level you join? Yes, it does matter because it will determine the maximum earnings that you’ll be able to make per sale. The logic here is that the more you invest into the program, the more you’ll make an I’ll explain that below.
The aim of the program is to get others to join Emailconomy. You’ll be an affiliate of the program, promoting it to others.
You’ll get all the tools. There’s basically not much to do except to get people to the landing page. The video will do all the selling and when they sign up for more information, they’ll receive a call from actual sales people to close the sale for you.
Once somebody pays and joins under of the levels within Emailconomy, you’ll make a commission, depending on which level they actually chose.
One thing that I don’t like is that Angelo is not completely honest with you. The $500 that you pay one-time only buys you the right to make money at that level. He does not actually discuss the amount of money required to RUN the business.
You see, you’ll need money for other tools, such as Aweber for emails to follow up with your leads and you’ll also need money for ADS. That’s the hardest and most important part of any business; finding people to sell to.
I’m disappointed that there wasn’t much training in those areas at all! They actually encourage you to BUY postage packages, where they’ll send out letters on your behalf to random people and you’ll just have to hope they sign up.
Honestly, I would be more than just a little creeped out if I found a letter in my mailbox at home, promising me $500 – $1000 commissions. Now just imagine how many people will actually sign up using that method! Not very many.
I don’t think that this method works in this day and age, maybe once a upon a time but not anymore. So basically, without the training to grow the business online, you’ll be screwed.
Compensation Plan – High Ticket Commissions
I already mentioned that you’ll need to sign up to one of the three tiers, right? Well, you’ll make commissions depending on which tier you actually choose to buy.
All I can say is that it is similar to programs that I’ve reviewed before, like Easy 1 Up.
With the Inner Circle level, you can make commissions of $200 + $100 for every referral that also makes an Inner Circle sale.
With the Diamond level, you can make commissions of $400 + $200 for every referral that also makes a Diamond level sale.
With the Master level, you can make commissions of $1000 + $500 for every referral that also makes a Master level sale.
When you purchase a level, you can only make money from that level or anything under it.
For example, if you purchased the Diamond level, you’ll be able to make commissions whether your referrals join at the Inner Circle level or at the Diamond level. If your referral joins at the Master level directly, you’ll only make a max of $1000.
That’s the level you’re at and the remainder of the commissions will get passed up to your sponsor.
In order to get to the next tier, you can pay the difference and you’ll be able to make more commissions. If you’re at the Diamond level and want to get to the Master level, just pay the $1500 difference and you’re there. You could then earn from that tier.
Does It Work As Advertised? – My Concerns
The first of my concerns is that this program does NOT have a product. What you’re buying into IS the product. That’s what your sponsor sold to you and that’s what you’ll have to resell to your referrals.
This brings up a red flag; it makes Emailconomy a pyramid scheme.
You see, they don’t actually really talk a whole lot on the actual products. Didn’t you notice? That’s because there are none. The products are what you’ll be buying as a business partner/affiliate.
The only way to make money is to recruit here. You won’t be able to sell these tiers to the members of the public without them becoming part of the business. Do you really want to be part of a pyramid?
It runs the same way as two other programs that were shut down by the FTC recently, called MOBE and DA. They both also had people closing sales and forcing people to sign up. They also promised big returns without actually having a product to sell.
What makes you think that Emailconomy isn’t going to get shut down too? That’s very unstable business.
Additionally, good luck with actually getting a hold of Angel. He gives his phone number and email for consultation or to book an appointment with him, but with the number of complaints that there are, I wouldn’t trust that he would reply.
In my honest opinion, I think that Emailconomy runs a fine line between affiliate marketing and a pyramid scheme. That’s because there just isn’t any product to sell within the actual program.
Sure, you could learn a thing or two, to help run some other business of yours, but it all comes down to HOW the money is actually made within the program. The main way with Emailconomy is to RECRUIT.
That’s a sign of a pyramid scheme, because without recruiting, there is simply no way to make money. If there were other products (take Avon for example; it has cosmetics, actual legit products to sell, in order to make money), then it would be legit.
But what Angel has done here is simply found a loophole and is exploiting that loophole that can actually get him, and all of Emailconomy members, in deep trouble with the FTC.
This is exactly what happened when MOBE closed down.
When you’re looking at a potential business opportunity, you want something that has great longevity, to ensure long-term success and income from the business. That just does not seem the case with Emailconomy.
It’s not just the business model that does not work, but it looks like Angel broke many promises and there are so many people that lost money to him. With these kinds of complaints, I wouldn’t want to be involved in anything with Angel.
I do NOT recommend Emailconomy and you now know my reasons. It’s expensive for nothing as you’re not getting any extra value by paying more. It’s just paying your way to make more money.
Let Me Show You How I Recently Made $1000 From A Program
I am an affiliate marketer too, but don’t categorize me with the likes of Angel because I do affiliate marketing differently. I don’t promote junk just to make money off of you, else I would have been promoting Emailconomy too.
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Thanks for reading my Emailconomy review. So what do you think? Is Emailconomy a scam that is going to rob you of your money? Is it worth it? Do you think it’s a pyramid? Share all your thoughts below. I would love to hear from you.