Profit Bank Review:
Millionaire Society’s Profit Bank under the microscope
Mack Michaels Profit Bank – will it work for you?
Hi – it’s the other Mack Michaels here again with a full and detailed examination of the latest offering from my BFF, Mack Michaels.
Branded as Profit Bank it is a stand-alone addition to his massively successful
Given the truly awful Cell Phone Cash and the sublimely wonderful Millionaire Society – I was really worried as to which way Mack was going to go with this. He does have a tendency to bring out something brilliant and follow it up with something garbage, much like every second Star Wars film.
I was concerned when I heard it was going to be branded as part of Millionaire Society – was he just cashing in on MS’s success with a quick slap-dash product? When I heard it was a one-click-riches product my heart sank.
I’ve gone on record countless times saying that one-click systems don’t work, can’t work and will never work. I’ve said they’re bait for the gullible, greedy and lazy. I’ve maintained that the only way to achieve success on-line is through research, hard work, perseverance and to some extent good fortune.
You can imagine I waited on my review copy with a certain sinking feeling in my gut…
Profit Bank: The big reveal
Was it BS? Well my initial impressions weren’t favorable. It was indeed claiming to be a push-button system for internet marketing – and was in essence a kind of business-in-a-box, done-for-you affiliate site.
You click (several) buttons and out pops a website. Or websites.
Ignoring my snobbery, it’s actually quite clever because your new sites are set up to promote the “hottest” Clickbank products, all you need is a Clickbank ID. Oh and if you want to build an e-mail list (and who doesn’t) you’re going to want to join Aweber and that integrates in there too.
If you are completely new to Internet Marketing or Affiliate Marketing and you don’t have the time, inclination or cash to sign up to Millionaire Society then it’s most likely a good compromise as some of the same material is hiding in there subtly re-branded.
I was going to say it’s like Coke and Diet Coke, but its more like Coke and an own-brand cola drink. Both are brown fizzy drinks, but one’s better and costs more. It’s up to you which one you drink. And don’t say Pepsi.
Profit Bank: What do you get?
So with Profit Bank, you get some sites built and you pay for them for the duration you want your sites for.
Great. And I really mean that.
I mean do you know how EASY it actually is to build a site with WordPress? You just click some buttons and it’s done – like Profit Bank.
ok, well I maybe made it out to be a LITTLE easier than it is – you buy a domain, set up some hosting, point that domains DNS at the hosting companies nameservers, go into cPanel, click install wordpress, set up wordpress, pick a theme, install widgets, set up a back-up system, get your SEO started, write your content, hope that your theme you picked can integrate with adsense, or however you want to monetize the site, keep on top of spam, keep the site new and fresh, fend off hackers…
Hmmm maybe there IS space in the market for a done-for-you affiliate website!
What do the Profit Bank websites look like?
They look ok. Considering all you did was press a few buttons the sites look, well, ok.
They don’t shock, they don’t scare the horses and they seem to be set up in a way that will get you clicks… and that’s what it’s all about, after all Mack Michaels knows what he’s doing.
The sample I’ve shown is one of the three sites you get. This one is obviously set up to review Mack Michaels Profit Bank! So straight from the get go, you immediately become a Mack Michaels affiliate (which given that Mack’s products convert well and have a low refund rate is all well and good).
The other sites are equally nice and inoffensive covering other high converting, highly sought after clickbank products.
One thing you’ll spot is that they all share the same three top level URLs, the difference between your site and the other sites in the Profit Bank system being the sub folder your’ site is in – that is: www.MackSite.com/your-site/
Again, that’s fine if you like that kind of thing – and there are LOADS of affiliate schemes out there where you get your own website set up in a similar way – so it’s common practice and clearly works for millions of affiliates the world over… BUT…
If you ever want to build links to your site, it’s often easier to build links to a root domain. Blog commenting fine – but directories? Top-level url’s only, unless you want to pay.
Then there is the problem with your site in search engines.
Your site is broadly the same as tens, maybe even hundreds of other sites that Mack’s Profit Bank system has generated.
Google (and the rest) will decide that these sites are effectively duplicates and so will only show what it considers to be the original of each type of site. Your site will most likely not show up in the natural search engine results pages – unless you work really hard.
Which begs the question how will your sites get traffic?
Ha ha. I guess you’ve got to join Millionaire Society Mass Traffic! That Mack’s a genius.
The thing is, with Profit Bank, Mack is competing directly with the excellent and proven Affiliate Launcher so you’d think he’d offer more. There are clearly much better click-and-its-done products at the same kind of price point.
Maybe he was tired after writing Millionaire Society? Maybe it IS like Star Wars…
Mack Michaels’ Profit Bank Review – Conclusions:
You may have gathered from the tone of my review that I’m not a huge fan of one-click systems.
Grudgingly though, I must say that for what it is Mack’s Profit Bank system is good. It does exactly what it says – builds you websites in a few clicks. Some systems are significantly better (such as Affiliate Launcher) and many are much worse.
If you are lazy, or inexperienced it’s a great way to get started in Internet Marketing but you have to realize that it would be better for you to start properly – and learn how to build your own websites, do SEO, do link-building, do product selection.
I’m only giving it 3 1/4 out of 5 because it is genuinely better for your long term affiliate marketing career to learn the ropes from the ground up, however if you don’t have time, or are just too daunted at the work involved it would be close to ideal.