Is 7 Figure Franchising a Scam? Is it really works? The 7 Figure Franchise is booming these days. You do not only get to see their advertisements, but a lot of people are also recommending them. So, what is this fuss all about really? Surely, the name of the site itself attracts attention. Accordingly, one will think that when they join, they can easily earn seven figures. Is it true, though? Or is it just another elaborate scam?
We all have heard this before that when a site promises huge amounts of money, it is usually a scam. If that’s the case, then why are a lot of people raving about this specific site? This is what we are going to find out today. Are you looking for a unique strategy to earn money? Then keep on reading because this site might just be for you!
What Is 7 Figure Franchise?
The 7 Figure Franchise is the brainchild of Michael Cheney. Now, his name might sound familiar to you because he is. This person has a lot of websites that give people the opportunity to earn money by following a unique sales funnel.
How Does It Work?
Basically, if you join this site, you get to be a franchise or an affiliate. It is not really clear if it is offering a franchise or an affiliate program, but the idea is that you buy something, sell them, then earn a profit from it. Their promise is that you will earn $1.1M in just a matter if 12 months.
The catch, however, is that you have to pay or avail their installment plan first, which is actually just two gives. If you go all out, all you have to pay is $1997, but when you go the other route, you will need to pay $2200.
Here is an overview of the package:
- $1000 in Commission
When people buy high-ticket products that stemmed from your turnkey promotion, you automatically get this commission.
- $7000 Worth of Materials for Affiliate Promotions
This gives you access to a collection of digital products that will help with your sales.
- Instant Payout and 100% Commission on Products
You are automatically an affiliate, which allows you to get commissions.
- Live Events
You get to join exclusive events wherein you will listen to Michael talk about the secrets of having a multi-million dollar business.
- More Digital Products and Upsells
This grants you access to a variety of products that you can sell on your own platform.
- 1000 Visitors
Once you join the program, it promises to help you gain massive traffic.
- Consult with Michael Himself
Lastly, you also have the opportunity to have a one-on-one session with Michael Cheney for 30 days. There is, however, a charge for this amounting to $1000 per hour.
Who Is It For?
The 7 Figure Franchise is best for people who want to devote time and money on building a successful sales funnel. The strategy, in a way, can provide its promises, but not without hard work. Accordingly, it is best for people who already have a defined list of prospects who actually engage in that sales funnel.
For people who are looking to start their online business, this is not for you. This site is too high-scale, and the money you initially pay may not easily earn revenue. Aside from that, there are certain features on the website that needs to be unlocked with more payments. So, if you really want to be a part of this, be prepared to pay.
Are There Tools and Training?
The suggested tools are provided for you with direct download links. However, it is still up to you if you are going to make use of these tools. On the other hand, for training, there are options for that from time to time.
Similar to other options though, you also have to shell out money to gain access to those. Surely, a multi-million dollar business does not come from luck; it comes from the pockets of the members.
The training, however, can be rather enriching. Thus, if you do have the money to get them or to even chat with Michael, it is worth every penny.
Is There Support?
You can reach customer service with the use of their email, but the reply is not instant. The absence of a stable community does not help this case. Some members created their own Facebook groups, but most of them are inactive.
If ever you hit a roadblock, you are really just on your own. Or, you can refer back to the training (which will cost you a lot)
7 Figure Franchise: The Good and the Bad
- Has a lot of bonus credits
Through this site, you are given the chances to gain active and passive income. The site rewards certain activities, which are immediately credited to your Paypal.
- 100% commission
When it comes to your commission, there are no hidden fees. When you sell, you directly earn from it.
- Access to products
The digital products of the site are really good and helpful, so you are able to sell high-quality products.
- Potential to grow business
The site is constantly evolving, and with it, its members. A single member can expand his or her business into a multilevel marketing scheme
- Huge fee
The membership fee is not for everyone. At the same time, it is hard to earn the fee back purely from sales and commissions
- Have to pay to unlock features
It can be a site that keeps on giving, just as long as you can afford it
- Relies too much on self-promotion
Just like other sales funnel of digital products, you have to promote the site non-stop
- Not so different from other sites of Michael Cheney
The strategy is mostly the same with other sister sites. The only difference is that you pay more and waste more on this site.
To be honest, the promise of having a seven-figure revenue is not as easy as it sounds, compared to how this site advertises it. It is still a site that needs you to upsell something in order to earn. In a way, you will arrive at seven figures if you do well, and just as long you are willing to shell out money. All in all, we think that Click 4 Surveys is not worth its high-membership fee.