Today in this review, let’s discuss Matthew Neer’s 5K Formula System!
Which he claims is some “scientific cashflow extraction system” – allowing you to rake in a WHOPPING $5,000 in an instant!
Wowzers, what a big bold claim to make, huh?
But as tempting as this sounds, I’m willing to bet a dollar to a dime that making 4 figures is not as easy or fast to earn as you’re led to believe.
However, with that said, there is some money-making potential with the system, so dig into the review to discover how it works…
At a Quick Glance
Name: 5K Formula (5KF).
Owner: Matthew Neer.
Website: 5kformula.com (which now directs to ‘List Leverage’).
Cost: $20 + $100s for Upsells & traffic methods.
My Score: 4/10.
Blog Post Contents:
PROS
- DFY sales funnel
- Traffic training & other resources
- Make 100% commissions
- Help & support available
CONS
- Hyped-up & misleading sales page
- Costly products
- Expenses required for paid traffic
- Revolves around the ‘money-making’ niche
Summary:
In a nutshell; Matthew Neer has created the 5K Formula System as a ‘Done-For-You’ sales funnel to earn 100% commissions from promoting his own stuff.
While this may be beneficial to some newbies – making life easier when it comes to affiliate marketing…
I’m not a fan of the way that Neer hypes up his system, nor do I like the fact that you’ll be chained to the ‘make money’ arena.
Because for starters, it’s highly competitive. And secondly, you must be passionate about it if you’re gonna make money.
Which some newbies aren’t, unfortunately.
Furthermore, you’ll need to splash out on Neer’s funnel products to be able to earn from them and also spend a chunk of change on paid traffic.
Which could put you out-of-pocket before you’ve even left the starting block.
Final Verdict: Legit – But Not Recommend For Every Beginner.
PSST! See my #1 option for earning a sustainable income with affiliate marketing – A platform that equips you with the essentials for success.
What’s The 5K Formula System All About?
In a nutshell; the 5K Formula System is designed as a ‘Done-For-You’ system to promote 5KF itself to get paid from Neer.
But what really turns my stomach with 5KF is that Neer reckons it’s a “new instant commission system” that makes him $5,000 on autopilot for free.
He even brags about $1,000 paydays in his sleep from his ‘set n’ forget’ system… Z z z.
That may be so.
But he totally misleads newbs like YOU into thinking you’re gonna accomplish the same results.
Because the guy has been doing this internet marketing “thing” for a number of years – he has the know-how and resources.
So, of course, making $5K is gonna be a piece of lemon drizzle cake for him.
Sadly, Neer is no stranger to producing hyped-up sales pitches and especially “get-rich-quick” themed products.
Just like Viral Cash App, Speed Wealth System, Wealth Ascension, Viral Money Magnet, and Income League, to name a few.
Some of which are total garbage, I might add.
And even Neer’s best internet marketing pal Jamie Lewis is guilty of peddling trashy stuff like Profit 365 that I reviewed recently.
But I digress.
To find out how 5KF can potentially benefit you financially – but also fill Neer’s own deep pockets…
Let’s See The 5K Formula System Moving Engine Parts
Neer claims to make a ton of cash with his system, all you do is follow 5 simple steps:
First of all, you login to the members’ area that looks like THIS:
- #2: Connect your commission link
- #3: Choose your source of traffic
- #4: Drive that traffic to your commission link
- #5: Start recording your profits
Where Neer promises you’ll rake in 100% commissions when your referrals purchase the products inside the system he’s gonna give you.
Anyway, you basically get a ‘Done-For-You’ funnel and a bunch of resources for getting it in front of the right targeted eyeballs.
This is everything you get with the system:
- Quick Start Guide
- Traffic Training
- DFY Pages
- Webinars
- License Rights
- Help & Support
But just because you get some value from Neer – doesn’t necessarily mean you’re easily and quickly gonna bag yourself $1,000s in commissions.
Because there are variables that come into play – like how much time and money you’re willing to invest in driving traffic to your funnel, for example.
But speaking of DFY money-making systems in the affiliate marketing arena:
See 1K A Day Fast Track, Super Affiliate System, 12 Minute Affiliate, and Commission Hero, to name some of the best ones I’ve found so far.
What’s The Cost of The 5K Formula System, You Ask?
In order to get up and running with 5KF at the basic level, it’s $20.
Which isn’t a bad price, to be fair.
But having said that, to actually qualify for 100% commissions from Neer’s products, you’ll need to splash out up to $500 on them yourself.
However, the costs don’t end there, I’m afraid.
Because investing in paid traffic methods like solo, Google and Bing ads, etc, will easily cost you a kidney and maybe other body parts too.
I’m talking $100s (even $1,000s) – especially if you’re just starting out as a novice because it requires trial and error with paid traffic.
So it’s ideal to first have a chunk of change going spare before you decide to buy 5KF, in my opinion.
Final Conclusion: Is The 5k Formula System Worth it?
In all honesty, I’m kinda sitting on the fence with Neer’s 5K Formula System.
Because on one hand, he deceives you with fast $5,000 income claims on his sales page.
Not to mention the fact that it’s a costly way to get started with affiliate marketing AND it revolves around the ‘make money online’ niche.
Not only can it be difficult for newbs to crush it in this niche with it being highly competitive.
But if you’re not passionate about it, you’ll eventually throw in the towel.
And on the other hand, there is some potential to turn a buck with the system if you have the funds for the products and paid traffic generation methods.
At the end of the day, I can only offer you the facts and my true thoughts.
But I hope it’s enough to help you decide whether or not 5KF will fit you like a glove.
Want a Cheaper Kick-Ass Money-Making Option?…
Unfortunately, 5KF isn’t gonna float everyone’s boat due to the downsides I’ve highlighted inside this review – which is cool beans.
But there are far better and cheaper routes to earning a full-time income within the affiliate marketing arena.
Which involve creating a highly successful business around your hobby or passion instead of just peddling systems and products just for the sake of $.
So if you’d like to walk the same path as I called “blogging”…
Where you’ll be equipped with free WordPress websites, tools, step-by-step training & 24/7 support from a HUGE community…
==> Start Your Journey With Wealthy Affiliate For Free!
Your buddy, Neil 😀
Got any questions or thoughts to share on 5KF? Please hop on the conversation below…