Beware of 'Legendary Marketer'!
Hello everyone,
I'm fairly new here, and as I was taking my first steps to creating my landing page, I was directed to pick up a free book titled, "Legendary Marketer". After you process the payment of shipping, you'll receive a confirmation email for your order, along with another email explaining how to access their website and begin their 15 Core Steps training.
So with some excitement, I went ahead and watched the 1st Core Step and was prompted to continue onto the next step. BUT, before you can continue onto any other steps, you have to contact your coach so he or she can answer any questions you may have and unlock the next step. So I continued this up until step 6, with steps 1-3 providing some background about the founder and what the business is, and step 4-6 being what their "idea" is and how they want you to invest into their idea.
See where this is going? Let me explain.
Their business model is mostly structured around what's called a "value ladder". And within their value ladder are 8 products. The first starting at a low monthly fee of $30, which is what you'll be paying in order to access their training (some of it). After that, every other product is a one-time fee that can go all the way up to $30,000!!!
So with this "model" of theirs, what you're essentially doing is purchasing the license to a product, reselling it to some other unaware soul, and making a commission of that sale. Problem is, those sales are not guaranteed. Even if you manage to drive traffic to their website, it's not guaranteed they'll purchase it. And with investments starting at $2,500 and up, that's a huge risk to take.
All in all, I don't recommend it. And to top it off, you're not getting any value from it. The training that you're provided with is just so that you'll learn how to promote them and sell their products. I'd rather have something that I've built myself. It may take time and money, but it'll be mine. Something that I can actually be proud of and continue to grow.
Just my two cents.
Recent Comments
11
Glad you posted this blog, I've been looking at their 15 day online business challenge and almost signed up. But I don't have the money to follow through with this. Thanks Roope. -Shirley
Thanks for the warning, Just started looking into LM. Glad you saved me the time and money. Let's face it the best program is Wealthy Affiliate. Straight up and honest. Best to stick with it and stop chasing losers.
I joined Legendary Marketer a month ago on the 7th of November, I just asked Jason if I should drop that and spend my money and energy into developing my business here at WA where at least you have a community willing to help you and tons of training provided. I think my question has been answered! You are right about the 15 core steps after 3 they start pitching and with me after 6 he opened all of them up for me but then spent all the time with me that I was suppose to be asking questions trying to get me to invest in the coaching program which like you said starts at $2500.00 Once he understood I could not afford that, I never heard from him again! Glad i only have $30 invested, Anyway I am glad I searched for Legendary Marketer on WA and found your post!! Headed over to Legendary Marketer right now to close that down! Thank you for your post! Becky Shuta
WOW! That's borderline MLM but more into the PYRAMID scheme than the MLM, because at least with an MLM, you can make money through product sales. But here, there is no other way to make money but to recruit and recruit.
This is similar to MOBE, that has been shut down by the FTC. I think it's gonna go right down like MOBE though, because there's just gonna be a lot of people complaining about the amount of money that this company is gonna be ripping them off.
Thanks for the heads up. I had heard of them and planned to do a review on them, but have not come to them yet. It's great to know some information about them.
Have you at least gotten your money back though?
Thankfully, I never put any money into them. I like to research anything before I invest any of my precious time or money, and eventually saw through their scheme.
You can only imagine the reaction from my "coach" once I explained how I was aware of their business model. He tried to lead me onto the idea of purchasing their $2,500 product, explaining that the $30 membership is only a "backend" for when things go south with sales of the $2,500 product.
I laughed really hard just now!
That's just BS! They don't market the TOTAL cost of the business and I wonder why that is... hmmmm....
Works EXACTLY like MOBE!
Well, I'm happy that you never invested the big money into them. Maybe somebody who was with MOBE before had the bright idea of creating legendary marketer AFTER knowing how MOBE works.
See more comments
I am just coming off the Legendary Marketer Scam! I actually found WA because I was more confused then ever and needed clarity. Since I came here I haven't left and don't plan on it now....I just wasted 2 hours of my life watching the $2500 video. LOL I love it here. I too do not recommend Legendary Marketer. The suck you in for the first 5 classes - making you feel like they give a shit - then kill you with the outrageous, must have to make real money, up sale.
Do you make money online now?