Is mobe a scam or a legitimate opportunity to learn how to be an internet marketer? This seems to be the question that pops up all the time from people that have come across this training platform.
I myself have an interest in quality training products in regards to learning how to be a better internet marketer and I am not necessarily opposed to paying to further educate myself.
But do you really need to pay thousands of dollars for training and attend $20,000 to $30,000 mastermind events?
Let’s take a look at this program to see what the benefit would be of becoming member.
*** UPDATE 6-9-18: It appears that the rumors are true and the FTC has shutdown MOBE
MOBES websites are down and events have been canceled as well as a lot of their top earners alerting their customers of this take down.
Stay tuned for more details!
The Licensing Business Model
Lately I have been taking a deeper look at some of the more expensive internet training programs to see what the similarities are as well as the differences.
Now one thing that I did notice is that some of them are structured a little differently.
For example there are some with only one level. So in order to become a member of the training program you would only have to pay one price.
Then everyone you referred into the program as an affiliate you would earn a commission on.
I am not going to name these companies because that is not what the articles about but their price ranges are from $1,000 to $2,000 to join.
When you join MOBE which starts at $2,500 you’re buying into a license to market and sell their products.
There are multiple levels that range from $2,500 all the way up to $25,000.
The advantage of becoming a member is that when you refer somebody that signs up and starts the training you will earn a commission not only on the product that they purchase the first time but also any purchase they make from that point on.
So let’s run through an example here.
Let’s say you sign up and become a MOBE affiliate.
One month later you refer Sally to the training program and she signs up. She is just starting out so she joins in at the $2,500 level.
So you earn your commission based on Sally joining and you keep on marketing the opportunity to other people.
One year later Sally decides to upgrade so that she can keep going in the program. So she now pays in at the $5,000 level.
Once again you would earn a commission because you had referred Sally and she is your customer for life.
So it doesn’t matter whether Sally buys something the first day she signs up or whether she purchases something 5 years down the road you as the affiliate that referred her are compensated because of how the licensing works with MOBE.
Plus there are monthly fees that need to be paid and as an affiliate you will be making money off of these as well.
As you can see the system is setup so that you can continuously earn income just by referring one person that keeps making purchases for as long as they are active.
Why Do People Call MOBE A Scam
Now let’s get into the nitty gritty of why there is a lot of negative publicity about the company.
First of all when you come across the opportunity there is no way to get any information as far as what the training products are that you’re buying into.
You most likely have come across what is called a landing page where they want you to subscribe with your email and pay a $49 registration fee.
If you sign up and you pay the $49 you are then given what is called the 21 steps which you need to follow and you will be assigned a coach.
All this is is a primer to get you ready to upgrade so that everybody can start earning money.
Typically when you hear “coach” you’re thinking of someone that will teach and train you but that is not what the coaches are at this company.
The coaches are members that have paid in at the higher levels and they earn commissions on anyone that they talk into upgrading to more expensive levels.
This is where you start to hear a lot of complaints from people that joined.
Many people have complained that the coaches had no interest in actually teaching them marketing but rather tried to get them to find ways to get money to upgrade.
Even going as far as talking people into getting loans or borrowing money from friends and family.
This is one of the big reasons why people are calling MOBE a scam.
Once You Upgrade
For those that do end up upgrading for thousands they find out that they also need to spend the money in order to drive traffic in an attempt to sign others up.
Anyone new to internet marketing won’t realize just how expensive running paid advertising can be online until they start running their own campaigns.
A barebones advertising campaign using either Facebook or pay per click advertising will cost at minimum $300 to $500 per month.
It is possible to lose money for months until you figure out which landing page works to get people to sign up as well as getting your email sequence right to persuade people to open your emails and join the opportunity.
This is another reason why a lot of legitimate marketers consider MOBE a scam. Not only do you spend thousands just signing up for the program but you also have to spend thousands marketing the program with no guarantee of making money.
Some people have been known to max out their credit cards and go into debt because they believed what they were being told by their coaches.
The Dream Of Making Big Money Online
The reason that these types of high ticket training programs exist is because people believe that it is easy to make money online just buy buying into some type of system.
I see it every day where people sign up for training on different platforms and within a week they are in the forums asking how long it will take before they start making money.
If only they knew that it would take months to years before they would even see a dime they may reconsider trying to start an online business.
It took me one and a half years before I even made a cent with my blog but I knew that if I kept on working eventually I would be successful.
Even achieving success online doesn’t mean that you will be making hundreds of thousands of dollars per year.
Is It A Scam Or Not
There are a few reasons why I consider MOBE a scam.
- The coaches aren’t really there to help new members learn skills. There purpose is to persuade members to upgrade and spend more money to reach the higher levels..
- Suggesting that members should use their credit cards and take out loans in order to buy into the higher levels or go to the mastermind events.
- The company has changed its name a few times?
- A lot of complaints with the BBB.
I find it truly amazing that so many people get caught up in the hype without doing the proper research before before spending $1,000’s.
Check out my #1 pick here.
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