Product Name: Padlock Income
Product Website: padlockincome.com
Product Owner: Jeremy Rush
Type Of Work: Recruiting People
Price To Get Started: Free
Overall Ranking: 2/ 5 Stars
As I was talking to one of my pretty close friends the other day he brought up a program that many of you guys may have heard of called Padlock Income.
Have you guys heard about this program before?
Anyways, as my friend started explaining how this works and how you make money with it, the first thing that popped into my head was ” Oh great, this is another recruiting scheme”
The more he told me, the more intrigued I was to do further research on this company for myself to see what Jeremy had up his sleeve and whether he could be trusted or not.
I thought I would share this information with you guys today, to give you a heads up on whether this system would be worth your time, or if you would be better off exploring other options.
In the following review, I’ll be giving you guys the lowdown on how this works, what you’ll be doing once you join, and ultimately how much this will end up costing you in the long run.
Are you guys ready?
Let’s Get Started!!
Product Overview & Brief Description
Jeremy claims to have created the very first plug and play marketing system that will put over $64K in your pocket in your first 2 days by simply plugging into it and taking action.
This system just launched back in June 2017 and there seems to be quite a bit of hype surrounding it in such a short amount of time.
At first glance, this seemed like a pretty legit system, but as I continued researching this and digging deeper I quickly changed my opinion.
As an affiliate marketer who has been in the game for over 4 years, you tend to be able to see through the BS within the first couple of minutes and this particularly held true for this system.
As I started watching the so called training videos in the back office I discovered that this system was nothing more than a funnel to another one of Jeremy’s products called Zukul.
This is another program similar to this one, but with a much higher price tag which you’ll need to pay if you want to make any progress here.
How Everything Works
This system was created to help you build a list of targeted leads from all across the globe and show you how to turn these leads into paying customers.
Once you join you’ll be provided with lead capture pages, an autoresponder, and other marketing tools that you’ll need to promote this scheme to the next person.
Their training (If you want to call it that) comes in the form of padlocks and this is how you’ll progress through the system and unlock additional levels.
There are 12 padlocks total that you’ll need to unlock in order to gain full access to this system!!
You’ll need to complete several tasks for each padlock before unlocking the next one and these are things like:
- Joining FB groups (30 of them to be exact)
- Posting to these groups per Jeremy’s precise instructions
- Watching a video
- Driving leads to your capture page
There is a video for each task that you’ll need to watch prior to completing these tasks with step by step instructions.
You’ll need to get 10 leads in order to move up in the system and unlock padlock 2.
When someone opts in and joins through your referral link they will be added to your mailing list and they’ll receive pre-written messages from you that will be promoting many of Jeremy’s other IM products.
You’ll also be required to pay a fee as well and I’ll get more into the pricing here in a few minutes so continue reading.
Once you have joined all 30 FB groups and have posted to these groups according to Jeremy’s instructions you’ll gain access to his FB bonus.
Inside, you’ll find helpful tips that will show you the proper way to post to FB for maximum results
These are things like:
- Using images
- Keep it short & sweet
- Encourage engagement
- As a question
- Responding quickly to messages
- Create a posting schedule
Here’s What I Liked About It
- Free To Get Started
- Potential to make money (If you’re good at recruiting people)
Here’s What I Didn’t Like About It
- Recruiting based system
- Teaches you how to SPAM Facebook
- Funnels you into many other high ticket schemes
- Unrealistic Income claims
- Not a long term strategy for building a business online
- Uses social media as the main source of traffic
How Do You Make Money With This System?
Like I said earlier, this is a recruiting based system, meaning that you’ll need to recruit other people into and have them sign up using your referral link in order for you to get paid.
One of the many red flags that were raised as I continued through the training here was that not only are you required to promote this opportunity to other people, but you’ll also be funneled into many other questionable programs as well.
These programs are much more expensive and like other programs of this nature, you’ll need to buy into them in order to qualify to earn commissions.
You can earn anywhere from 70%- 100% commission for each person who joins as a paying member using your referral link.
Since these are membership sites, you would continue to get paid each month as long as they remain a paying member.
What programs will you be promoting?
I’m glad you asked!!
Here are just a few of them below!!
- Guarantee Signups
- Plus much, much, more…….
As you can see there are many ways for you to create multiple income streams here if you’re comfortable recruiting other people into questionable programs that were created for the sole purpose of taking their money and leaving them with nothing.
Sick Of Recruiting Schemes Like This One?
Click here for a much better alternative that doesn’t funnel you into high ticket schemes or require you to recruit other people to earn money online!!
How Much Will This Really Cost In The Long Run?
Like I said earlier, it’s free to get started and once you create your account and verify your email address your first padlock will be unlocked.
However, in order for you to progress through this system, you’ll need to pay a monthly fee to unlock the next level.
There are also many other high ticket programs that you’ll need to join as well and this is how you’ll supposedly earn $64k in only 2 days.
There are different fees associated with each padlock and these vary according to the task at hand.
These fees start out at $10 and slowly escalate from there!!
This doesn’t include the price you’ll be required to pay for whatever system you’re being funneled into and this will be an added expense.
The main system that you’ll be promoting is Zukul and there are currently 4 membership options available to you which are:
- Starter- $10 monthly
- Beginner- $25 monthly
- Intermediate- $50 monthly
- Advanced-$200 monthly
This doesn’t include the various upsells that you’ll have thrown in your face shortly after joining and as you can see this could get quite expensive.
There are also many other fees that you’ll encounter as well but I’m not going to waste any of your precious time with these as they’re about as worthless as this entire system is.
Is It Possible For You To Earn Over $64,000 In Only 2 Days With Padlock Income?
Contrary to what you’re led to believe in the sales video and throughout the member’s area this will all depend on you.
Are you comfortable spamming various FB groups with this trash in an attempt to get someone to sign up under you?
Would you feel comfortable getting someone else involved in a high ticket scheme where they could potentially lose thousands of dollars within a couple of days?
If none of this bothers you and you’re cool with making high ticket commissions at someone else expense, then you could possibly do quite well here.
Also, if you have previous experience recruiting other people into similar programs in the past and you know how to effectively drive targeted leads then you could very well make some good money here.
However, I highly doubt that you’ll make anywhere close to $64 grand in 2 days!!
This is nothing more than another sleazy marketing tactic used to lure you into their program and get their hands on your hard earned money.
If recruiting isn’t your thing and you would rather learn the proper way to build a business online then I think you would benefit so much more from a company called Wealthy Affiliate.
Instead of learning how to spam FB with a bunch of BS and possibly ending up in FB jail, you’ll be learning how to build a website based on a hobby or interest of yours.
- Choosing a hobby
- Building a website around this hobby
- Attracting like minded people within this hobby who likely have questions that need to be answered
- Learning how to earn revenue from these people
Does this sound like something you would be interested in learning more about?
If so, then I would highly recommend that you check out WA for yourself and see what all they have to offer you.
Other than that, I really hope this review has given you an inside look at what this program is all about and what you’ll be doing before you make any drastic decisions that you may end up regretting later.
Do you have a personal experience with Padlock Income that you would like to share with other people?
I would love to hear all about it and I’m sure everyone else would as well.
Have any other questions, comments, or feedback for me?
Leave them for me in the comments below and I’ll get back with you A.S.A.P with a reply.