FAIRYTALE ALERT! In this Review we are going to look at how MOBE will make you rich over night without much effort or any real online experience. You will obviously spend tons of money and cry a bit out of frustration, not to mention that you will end up really confused. Ready to take that path? Lets found out with this detailed MOBE review and see if this program is worth your attention and effort.
What is MOBE all about?
It is an online business 21 step training course with an affiliate program. It’s similar to Empower Network, based on a multi-level marketing platform and it has a lot of over-priced products that members can promote for a commission.
Who is the owner?
Matt Lloyd – Launched the company in 2011 and also the owner of My Top Tier Business.
What does it cost to join?
$49 For initial sign up
$19 Monthly to promote the program
$1997.00 – One time license rights fee
(Scroll for detailed pricing list)
MOBE – Products and detailed overview
I would love to give attention to detail, however, with MOBE there is just too many products to cover everything in detail. I do appreciate my readers enough, not to bore them too much. We will thus have a look at the core products and a quick pricing list of the rest.
When you join My Online Business Education you will pay $49 to become a member. However, this will not allow you access to any products and only allows you access to MOBE upsells that follows, meaning, it gives you the right to spend more money. You will receive some basic training as well. Next step is to buy the license rights for the full program at a surprisingly low price of only $1997. 00. Once you have purchased the license you can then go ahead and buy more products, the more you buy, obviously the more you can sell to others. Take note: You HAVE TO buy the products before you can sell them.
Lets have a look at the core products and their pricing:
Inner Circle - $97 a month
The Inner Circle is a compilation of audio interview recordings of various successful internet marketers. The idea is to listen to some recordings while driving your car; they are supposed to help make it easier for you to adopt the internet marketer’s mindset that’s needed to make a killing online. You’ll be able to access the private member’s forum and receive monthly newsletters.
License Rights - $1997 One time fee
This product allows you to sell some info-products as an affiliate and earn up to 90% commissions. You will also be able to have a phone call with some top-recruiters and learn how to promote these products for maximum earnings. It costs $1,997 one-time fee.
Home Business Summit - $497 One time fee
This is a ticket to a 3 day seminar where different speakers explain various tips and strategies to make more money online. You will also be able to communicate with like-minded individuals and experts. It costs $497 for two tickets. Not too bad, but you have to pay for your own flight and hotel, which can be a lot. If you are already making a lot of money online, then this seminar might be a good place to meet like-minded individuals.
Super Charge Seminar - Standard tickets cost $497 and VIP tickets cost $800
This is another seminar, but for more advanced members. It’s a two day seminar that encourages speakers to share their secrets to making money online. It’s also another good way to network with people. I haven’t attended any of these seminars so I can’t say what they’re all about.
Titanium Mastermind - $8997 Once off fee
This is the ultimate package, it’s supposed to contain everything that you need (and more) to create a successful online business. You will be invited to a 4 day seminar where the best marketers share their secrets. It’s similar to the above seminars, but with higher profile speakers.
Here are some of the products that you can buy and earn 90% commissions when you sell them:
- $49 – My Top Tier Business (MTTB)
- $97 per month – MOBE Elite Earners
- $194 – My Email Marketing Empire
- $194 – Funded Proposal
- $291 – Affiliate Bonus Domination
- $194 – OPT Formula (Outsourcing Formula)
- $97 per month – Done For Your Emails
- $9.95 – IM Revolution Handbook
Some of the products that will earn you 50% commissions if you buy and sell them:
- $997 – Online Income Revolution by Matt Lloyd
- $997 – The 90 Day Challenge
- $1997 – For 10,000 Leads in 100 Days
- $997 – Six Figure Coaching Secrets
- $4997 – Diamond Coaching Program
- $997 – Add the Nitrous
MOBE - Marketplace
My Online Business Empire has seen some changes in the past few years. One of the most notable changes that occurred in the past year was the addition of an info-product marketplace. It’s called the MOBE marketplace. Like most info-product marketplaces, these books are all about how to take your business further in the online world. It’s a large marketplace with some decent products and there are some coaching courses as well. You can also find marketing services within the marketplace. There are more than 50 products within the marketplace.
The products, from the looks of it, are decent, but nothing that you can’t find anywhere else. One thing that I noticed about these products is that the price is always really high; much higher than you would expect from simple e-Books. For instance, one product called Make Money Blogging is a membership based video training course that trickles down videos to your account every week, it costs $297 for full access.
In my opinion, it’s much easier to discover how to make money blogging from free websites dedicated to the topics, there’s plenty of free information about that subject, free and useful information. I wouldn’t hand over $297 for tips that I already know, sure, there might be some useful tips hidden in there, tips that will take my business further, but I still think it’s a little over-priced.
Most of the products within the MOBE marketplace are over-priced. When it comes to making money online, most people are desperate, and don’t have so much cash to hand over for simple products. If you lost your job, had a few hundred dollars in savings to survive, and you want to make money online, I’m sure you would want the absolute best products on the market.
The upside of MOBE
- Some valuable tips on how to make money with websites and how to drive traffic.
- Explains some important affiliate marketing methods in detail
- The seminars allow members to interact with one another and network.
What about the Cons?
- First would obviously be, TOO EXPENSIVE! If you are on a low budget, this is not your kind of fairytale to tell. The program does not make much provision for those who does not have much money to spend, but still wants to learn how to make money online.
- Up-Sells galore! You will most likely run out of money before the upsells stop.
- Bad reputation alert! Many people have reported this as a scam and thus a lot of banks do not approve the transactions. Could be a possible reason why the name was changed.
- It is MLM – To successfully promote MLM products you will need a skill and taste for it. Many people associate multi-level marketing programs with scams and when they hear the term, their radar automatically starts to beep. Unless you are an expert and know how to go about promoting it successfully, you will not make sales soon. Multi-level marketing programs should go hand in hand with a product that is valuable and have a need in the marketplace to work . MOBE’s products definitely does not fill a huge cap in the market.
What about support?
The support structure is still a laughing matter to say the least. If you have questions or problems, you will have to submit a support ticket and hope for the best. The upside, they do have a Facebook group that equals as a members area, however, more complex questions and issues rarely have a detailed solution or explanation.
What about the $500 guarantee?
Matt is confident that the system will make you anywhere from $1000 to $5000 commissions, all within 30 days. He backs this up with a guarantee that you will be paid $500 if you fail to earn that much. Cool, right? No, there are obviously terms and conditions. The guarantee is only applicable if you follow the 21 steps exactly and show proof that you did so.
Note: Step 6 requires that you purchase the licensing fee ($1997) that will give you the right to sell the program. Meaning, you will have to pay an additional $1997 to complete the steps in order to qualify for the guarantee.
Bottom line, if you fail to complete the 21 step plan, you will not get the promised $500!
Is My Online Business Education a Scam?
I wouldn’t say it is a scam because you can make some money and members are paid. They rarely make as much as promised, but there are no guarantees in this kind of business. I will say that I don’t recommend this product because the products are too high-ticket and it will really tear a hole in your bank account before you get a chance to repair the damage. Sure, there are some claims of people who are making a killing with this business, but these people are far and few in between.
My Online Business Education is not for everyone, especially if you are not planning on braking the bank. Like I mentioned above, the program is not a scam, but it is a better fit for those who are good marketers already that have traffic, a list, a social following and the money to invest in advertising. It will surely be challenging for newbies.
High ticket affiliate programs is not so easy to sell. Meaning, instead of selling products for cheap, you start selling the ones that cost thousands of dollars. High commissions do sound appealing, however it takes advanced marketing skills to sell them. Without sales experience and trust, people will not just hand over thousands of hard earned cash to anyone.
Read More - What is required to make money online.
You are a super star and made it all the way to the end of my Review. Please be so kind to leave feedback in the form of a comment. Would love to hear about your experience with MOBE or your valuable opinion regarding the program.