Is Power Lead System a MLM program?
Recently, I was approached by a friend to join Power Lead System, an affiliate marketing system that can help small businesses generate leads and increase sales.
Members who purchased the system will be given an option to grab the “opportunity to participate in its affiliate program”.
Its affiliate compensation plan is quite similar to Multi-Level Marketing plan like the one offered to members of Motor Club of America and Neways International whereby the sponsor is able to get a cut of commission made from sales of its team.
As there are too many MLM scams out there, therefore I am pretty skeptical about how legit is Power Lead System.
With initial look into its marketing plan, Power Lead System did not fit 100% into the definition of MLM because the overriding commission is said to be paid out by the company as “bonus” and not taken from commission made by any downline.
|What Is Power Lead System?|
How Does Power Lead System Works?
How To Make Money With Power Lead System?
Is Power Lead System A Scam?
Is Power Lead System For Beginner?
Whether this program is a MLM or not, the price of joining is quite high from $30 per month subscription up to the highest plan of $1,497 one-time payment.
With such crazy pricing and the hype of making easy money promoted by its affiliates, I decided to find out more information about Power Lead System before giving you my honest review.
Before I give you my through review, if you are tired of scams and would like to learn from a legitimate program, I suggest you check out my free guide that shows you step-by-step on how I managed to quit my c-level job and start earning full time income at home.
Now, here're both negative and positive perspectives about Power Lead System that I've prepared for you based on my thorough research and also critical analysis.
POWER LEAD SYSTEM REVIEW SUMMARY
Product Name: Power Lead System
Founder: Neil Guess & Michael Price
Product Type: Affiliate Marketing System
Price: Starting from $30 per month up to $1,497 one-time payment
Best For: Experienced marketers
Summary: Power Lead System is a cloud-based system comprising tools and training to teach people how to promote any business online, primarily by creating sales funnels using customized capture page with some done-for-you marketing campaign.
Members make money not from their existing business but by recruiting people to promote Power Lead System. The business model lies in a grey area between affiliate and MLM program.
Recommended: No, if you are a complete newbie and not ready to take risk of investing more into paid advertising.
What is Power Lead System?
Power Lead System is said to be an all-in-one business box that can help small businesses grow leads and increase their revenue.
It is a cloud-based system whereby members will be given a Power Lead System login to access member's area after they signup.
This cloud-based system comprising of tools and training to teach people how to promote their business online, primarily by creating sales funnels using customized lead and sales pages.
If you're not familiar with sales funnel, it's actually a marketing term explaining the process a customer went through with a brand to finally make the purchase.
It normally starts from brand awareness, followed by becoming a lead, then prospecting and finally become a customer just like the image shown below.
Members are also able to host their web pages inside Power Lead System once they sign up for the lowest price plan.
Power Lead System training that you received varies according to the plan that you choose. In general, you will get an basic training if you start with their lowest plan.
If you own a small local business (those less than 10 people), these training should be sufficient for you to start applying sales funnel strategy on your business to generate leads and sales in local context.
But if you want to grow you business globally, you might need to upgrade Power Lead System training to the next level, which means you need to pay more.
Similar to a program called CB Passive Income 5.0, Power Lead System also has a done-for-you campaign that can automatically generate income for you if you grab the opportunity to become their affiliate.
Please take note that the word “automatically” is not really automatic at all. There are work involved with steep learning curve. You still need to pay additional for marketing campaigns to generate leads.
And the thing that I can't accept is that you need to PURCHASE the “opportunity to promote Power Lead System”. This means becoming their affiliate is not free like those provided inside popular affiliate networks.
Now, let's get into details of this system so you can decide whether Power Lead System is for you.
How Does Power Lead System Works?
Inside Power Lead System member's dashboard, you can find the following tabs:
- Getting Started
- Promote Your Business
Generally, the system is categorized into “Tools and Training”
Tools Inside Power Lead System
Capture Page Creator: Just like using popular landing page creator such as Leadpages, Unbounce and Lander App, there are many free templates inside Power Lead System you can use to build landing pages.
These templates include opt-in page, sales page, webinar page, training pages, and many more. You can customize everything inside these templates to suite your current business.
Autoresponder: This works hand in hand with the capture page creator. As soon as your leads key in their email on your opt-in page, the autoresponder created by owner of Power Lead System will automatically sends promotion emails to these emails.
Contact: This is where you store all email or phone numbers of all your leads so you can continue to connect and promote your offerings to them.
These tools are not new in the online marketing industry. If you are just thinking to use these tools, then I suggest you to read the best plugin I use to do email marketing. It's cheaper than subscribing to Power Lead System.
Training Inside Power Lead System
When you pay for basic membership, you are only provided with basic training. In fact, many of these training are offered for free when you subscribed for landing page creators I mentioned earlier.
I don't think the training is worth the amount that you pay for if you can get it for free from the web.
Despite this, there are still two training inside Power Lead System that I find valuable.
- Video Creation Training
- Training on how to leverage Google Hangouts to promote Power Lead System
However, I won't pay such high subscription fee for only basic training. There are other better and cheaper training course that provide both advanced and trending marketing training.
One thing that might attract people to buy into Power Lead System is its money making compensation plan which will be discussed next.
How To Make Money With Power Lead System?
Unlike most affiliate program that are pretty straightforward, Power Lead System is different. Its compensation plan is neither a 100% affiliate system nor a 100% MLM system.
In fact, its compensation plan fall into the grey area in between affiliate and MLM system. This is a very clever compensation model but also mostly used in pyramid scheme or scam program, that makes me feel very uncomfortable.
One downside of this money-making program is that when you failed to purchase a certain price-point product (or package) inside Power Lead System, you won't be able to earn overriding bonus when your downline make a sale from the same product.
To keep it simple, you need to buy all the products from a subscription of $30 per month up to $1,497 for its highest range product in order to enjoy all the overriding commission or they called it “bonus” to avoid being labelled as MLM.
Ok, becoming an affiliate of Power Lead System is not free. There is a $23.97 per month to pay if you want to participate in this lucrative compensation plan.
On top of that, only member who already purchased the $30 per month PLS Gold package will be eligible to pay for this affiliate opportunity.
Seriously, I am not a fan of “pay to earn a commission” scheme.
I don't think any legitimate program out there will need you to pay a monthly subscription of $23.97 in order to earn a commission.
The 4 types of product inside Power Lead System is explained as below:
PLS Gold (Must buy in order to qualify for this business)
Product Price: $30 per month
Product Feature: Basic tools & training. Tools include lead capture page templates, email autoresponder, contact management, web page hosting and weekly online marketing training.
Direct Commission: $20 (for selling PLS Gold)
Overriding Matching Bonus: 50% of your direct downline's commission
You won't get the advanced training and neither will be able to access more powerful sales page templates when you subscribed to PLS Gold.
If you want advanced training and better lead capture templates, you'll need to pay for upgrades.
You won't get anything by selling the “affiliate opportunity at $23.97 per month”.
But if your downline managed to earn $100 commission (means sold 5 Gold membership), you are going to make $50 overriding bonus from them without doing anything.
PLS Diamond (Free Ad Secrets)
Product Price: $147 one-time payment
Product Feature: Training on how to do traffic co-ops
Direct Commission: $100 (for selling PLS Diamond)
Overriding Bonus: $25 one-time
PLS Platinum (Social Profit Academy)
Product Price: $497 one-time payment
Product Feature: Training on Facebook Ads, how to sell T-shirts and eCommerce.
Direct Commission: $400 (for selling PLS Platinum)
Overriding Bonus: $50 one-time
Master Traffic Institute (Release in 2018)
Product Price: $1,497 one-time payment
Product Feature: Training on traffic generation such as YouTube, blogging, email, sales funnel, and over time new training will be added.
Direct Commission: $1,000 (for selling Master Traffic Institute)
Overriding Bonus: $200 one-time
Is Power Lead System A Scam?
No, Power Lead System is not a scam. It pays on time to all affiliates every Wednesday and is a stable program that has stood the test of time.
However, people who managed to make money promoting this program are mostly experienced marketers who are willing to spend extra time to build their team and has extra money to pay for advertisement including buying all the upsells inside Power Lead System.
Unlike most affiliate program where you reap what you sow, the level of success you have with Power Lead System will highly depend on the sharing and coaching provided by your sponsor, particularly sharing about their tested and proven campaigns.
Like MLM system, without a good sponsor, it will be challenging for anyone to make money. Your sponsor must be really good in implementing online marketing campaign.
No matter how hard you try or how much money you spend on advertising to sell each product, your sponsor gets a cut without doing anything.
Unless you can sponsor a team of people who are also willing to become affiliates, otherwise you are not going to earn much passive income by just selling PLS Gold.
Don't forget that the monthly subscription fee of $53.97 is not cheap. With such high price to entry, not all people will be willing to continue paying for subscription when they don't see any result after 6 months.
Paying almost $1,000 (6 months affiliate membership + PLS Gold + PLS Diamond + PLS Platinum) for an “affiliate opportunity” is a very high risk for newbie who knows nothing about online marketing.
If you add in $1,497 to buy Master Traffic Institute, your total investment would will almost be reaching $2,500.
Unless you are a risk taker and won't become broke if you make a loss, otherwise, I won't encourage you to join Power Lead System.
Is Power Lead System For Beginner?
Seriously, I don't think Power Lead System is for beginner.
It is not easy to sell high ticket products when you have no experience with affiliate marketing.
As a beginner, I would advise you to start affiliate marketing with something that comes with step-by-step training and yet won't cost you an arm or a leg.
Look, I am not saying Power Lead System is bad.
In fact it is a great program. But the level of risk to shoulder is just not the way I want to build my business.
Personally I do not like to enter into grey area as well. I prefer something that is straightforward and within my control. The type of compensation plan that is neither affiliate nor MLM system is not suitable for me.
If you really want to master all the skills taught in all stages of Power Lead System and earn a decent 6 figure income, there are in fact cheaper alternatives out there.
I started my online business with an awesome community of small business owners whereby the price that I pay for is only a very small fraction of what is paid by members of Power Lead System.
Inside this community, you can learn how to build website, lead capture pages, blogging, SEO, email marketing, sales funnel, YouTube, paid advertisement, eCommerce, dropshipping and other marketing strategies that are currently trending.
You are also able to create 2 websites for free when you sign up as free Starter Member.
I've make friends with ordinary people who managed to earn 6 figure income as fast as 8 months by starting out as a complete newbie.
They achieved this without even paying for any advertisement. Of course, this comes with consistent hard work and persistence.
If you are like me who is not a risk taker yet wouldn't mind to put in effort to build a small business online, then I suggest that you get my free guide to start with.
In this guide, you will find the exact system that my community and I use to build an online business, starting out as a complete newbie.
You will also meet people who managed to earn 6 to 7 figure income by following the proven system.
Alternative if you want to start immediately, you can click here.
With this Power Lead System Review, I believe you already have a better understanding of this program. If you have any question to ask or would like to share your thoughts, please leave me a comment below.
Should you find this piece of content valuable, I hope you can share on your Twitter and Facebook.