Wondering if Profit Bank by the Millionaire Society is a scam? Let’s talk about it in this review.
Profit Bank by The Millionaire Society Review
PRODUCT NAME: Profit Bank by the Millionaire Society (or Millionaire Society)
Overall Ranking: 0/100
Price: One of the prices is $24.95 per month + Upsells
Owners: Mack Michaels
Verdict: Scam
Our Recommendation: You do not stand a chance of making money with low-quality duplicate websites and that is what Profit Bank offers you. If you really want to make money online, do it the right way by building an actual business online.
An Overview
This review is really about the Profit Bank by the Millionaire Society (PBMS) program but could very well apply to the Millionaire Society program as well. The only difference between them are a bunch of prices and different websites. Different cover, same BS! Their owner even has the same alias identity in Mack Michaels.
As much as their landing page looked like a typical scam landing page with their auto-play video and fine print income disclaimer, I must confess I was a little bit optimistic because I could clearly see the ClickBank trusted signature somewhere at the bottom. This was before I started watching the video though..
The gist of PBMS is that Mr. Mack Michaels was able to brainstorm and come up with a software that was able to generate him millions of dollars. But somehow he decided to share it with us because he wants to help us earn money, in order to help him earn more money.
Do you guys remember this story from that scam program you were considering the other day? I sure as hell do!
I do not even believe there is a Mack Michaels, to begin with.
If there was, we would be hearing an actual person’s voice and seeing his face instead of listening to an automated voice for what felt like a very long time. If you are bold enough to give us your name, why not be confident enough to show us your face if you are a real person? Isn’t that good for credibility and branding?
On to the Millionaire Society program….
I can only think of one reason why it makes sense for these two programs to be different platforms since it is glaringly obvious they are related somehow.
People might get turned off by having to pay $24.95 for the PBMS program and if they keep searching within ClickBank, they might have no problem with paying the $4.95 7-day trial fee for the Millionaire Society program.
This jumps to a whopping $97 per month after this week of grace. My biggest confusion is why ClickBank associates itself with such fishy programs.
I come across a lot of scam programs on a daily basis but the way I choose which ones to review is by taking a look at the Alexa ranking and traffic data of the program’s website. If it is so low that Alexa does not even have traffic data on the website, it suggests to me that not many people are falling for it. So I do not bother.
If the Alexa ranking is high and they get huge traffic, I feel a sense of personal responsibility to put something out there to stop those who are yet to fall from falling for the scam.
At the time of writing, PBMS is ranked 692,852 on Alexa and Millionaire Society is ranked 290,494. I had to say that to explain why I am incensed enough to go through the stress of writing a 2-in-1 review of these scams.
If I was not a hundred percent sure it was a scam, I would have thought Millionaire Society program was, to an extent, legit based on the beginning of their own auto-play sales video. They said some things which I have and will continue to emphasize on this website.
Anyone that says you will make millions on the Internet ‘without work’ is lying to you.
That in itself is 100% correct but I have just one problem with them saying this. The program goes on to imply you will earn $30 per hour or $720 per day or $262,800 per year without doing any work.
Now let us get this straight. You devote 15 minutes after signing up to set up your automated online system and be ready to lay off $97 per month, which amounts to $1164 per year. That is all you need to do to earn $262,800 per year!
Come on guys, give me a break.
My friends, you will NEVER earn that kind of money anywhere – online or offline, earth or mars – without doing any work.
You can earn $262,800 a year some day but one thing I know for sure is you are going to have to work your ass off before you do. How do you get to have fun working your ass off online?
By Building Your Own Online Business
What is Profit Bank by the Millionaire Society?
Based on my experience with scam programs, I automatically think Binary Trading software (like Online Wealth Markets) whenever I hear the word a magical software that was created to earn you thousands per day in these sales videos.
Turns out my gut was wrong and PBMS is pretty old school. They are supposed to be an affiliate marketing service that hooks you up with a system that earns you $1099.20 per day.
How does PBMS Claim to Work?
Once you gain access to the Profit Bank Software, you’ll type in one line of information. Then in a click of a button, you will have your own “highly-optimized website” that they personally created for you. It is through this “highly optimized website” that you make sales and can generate commissions of up to $1099.20 a day.
According to them, the entire process will take all of 3 minutes to complete. Cool Story.
How does PBMS Really Work?
The part where they claim they create a website for you is true to an extent. The part where they say it is highly optimized though is a blatant lie.
As soon as you have completed payment and headed into your back office, you will find three choices for the kind of website you want to own: a website selling weight loss products, a website centred around the make money niche or a website that sells software.
In fact, the whole 3-minute process to earning over a thousand a day is outlined below:
- Choose your kind of website
- Insert your ClickBank ID
- Enter the name of your Aweber mailing list (Optional)
- Click “update” and you’re good to go
In an ideal world, everybody would be honest with what they are truly offering and we would peacefully wait 24 hours for our $1099.20 payday, right?
Well, the world is far from ideal and people tell you what you want to hear to get what they want. In this case, they have gotten you to sign up. So it is now time to face reality. If you sleep and do nothing, you will be making exactly $0.00 from this.
By the way, the website you are getting is not some fancy personalized masterpiece. What you will get is a duplicate website, which is not even on your own domain. All you get is a unique affiliate slug like profitbank.com/affiliateslug.
The site is not empty though. The site will contain a fair bit of content on it but what does that matter when thousands of people within Profit Bank Millionaire System have the exact same site with the exact same content?
The site has some product reviews with some affiliate links on each review. The reason they ask for your ClickBank ID in your back office is so they can place your affiliate links to enable you to earn commissions if you ever make a sale. What’s pathetic is you get to see the ridiculously long affiliate links when you hover your cursor over the link text.
If Google would actually rank your duplicate site and you could get some traffic, that would be great.
But remember we are back in reality where Google will not index your site because it contains duplicate content.
Even if they did, why should they rank yours over the other thousands of duplicate websites? Your only option now would be spamming social media with your affiliate links or spamming listing websites with ads containing your affiliate links or use a method that is going to cost you – paid advertising.
Even with all these long efforts, there is a 99.8% chance you will not sell a thing because the products are redundant and outdated anyway. Nobody wants them and nobody is looking for them.
Who is PBMS For?
Nobody. I repeat, NOBODY. They started off by saying they created a software which you will have to set up in 3 minutes and just sit back, relax and earn your cool thousand daily. We have established that is a barefaced lie.
To increase your chances of making one sale, you have to invest in paid advertising for cheap products which will not make you as much as the amount you would spend on advertising in the first place.
Besides the sumptuous dream of earning over $30,000 in your first month, I am struggling to see why anybody would even consider this scam!
Pros
Since it’s regular practice here at The Opportunity Scout to dig as deep as you kind to find a pro, here you go…
- Since they are registered on ClickBank, you could ask for a refund within 60 days
Cons
- They lie A LOT in the video!
- Duplicate websites
- Upsells upon Upsells
PBMS Training & Tools
You are advised to “promote your website” if that counts as training. Other than the website builder for your affiliate splash page, you sure as hell are not getting any tools either.
PBMS Price & Upsells…
Price: $24.95 per month
I suppose this monthly fee is supposed to cover the cost of hosting your affiliate website.
It has to be because that is the only thing you will be getting if you pay just this amount. Everything else is offered to you as an upsell. Let’s take a look at these upsells – some more expensive than others, some more interesting to me than others…
The first thing they try to sell to you is an Aweber account. Mack Michaels suggests that while it is optional to collect email addresses from your site to build a mailing list, it is strongly recommended. Aweber is a paid autoresponder service and Mack Michaels gets money if you sign up through the affiliate link he leaves on your website. This is the cheapest and least exciting upsell in my opinion. More fun ahead!
There are a couple of upsells where you are told to take surveys and all that. They are boring so I don’t want to waste my time and yours talking about them to be honest. There is more fun coming next!
I have not mentioned yet that you are currently still restricted to your back office area (dashboard) at this price level. To access the members area, you will need to bump up to a program that charges $4.95 for a 7-day test run and $97 per month afterwards.
Surprise surprise….Millionaire Society! To access the members area, you will have to sign up for Millionaire Society. Apparently, Millionaire Society contains all the secrets to getting traffic to your website. LOL.
There is no secret to getting consistent traffic to that website. You will NOT be getting free traffic from search engines, that’s for sure. Your only options would be paid advertising (which will cost a considerable amount of money to get real reception on these crappy sites) or spamming everywhere on social media. One other option might be to register on an ad revenue platform. But none of these will help you make more money than you spend anyway. So why even bother?
Closing Thoughts
I do not see any reason why anyone would want to join this program. You will not make any money without spending 10 times more. You certainly will not make $1099 a day using this system.
So what’s in it for you if you are not learning anything or making any money? Nothing! Please do not consider this program, I’m begging you for your own good.
There is a way to actually make money online where you are not scamming anybody and nobody is scamming you. There are no upsells whatsoever. What they claim to be offering is what they are offering. You will earn money by providing solutions to a problem centred around what you love.
If this sounds interesting to you, you will want to begin with building your online business.
It’s easy to read and talk but if you don’t take any action right now, you will not see any results tomorrow. We need to cut out the fairytales of earning millions without putting in work and start facing reality.
PBMS Review
PRODUCT NAME: Profit Bank by the Millionaire Society
Overall Ranking: 0/100
Price: $24.95 per month + Upsells
Owners: Mack Michaels
Verdict: SCAM
The floor is open for PBMS, Millionaire Society members and non-members alike to hook us up with the latest information on these programs in the comments. I look forward to hearing your thoughts. Cheers 🙂
Leave a Reply