There’s a brand new online money-making system set to launch on October 1st that claims you can make $8000 a day! It’s called Wealth Academy, and I’ve tried the program to see if it lives up to the hype.
Before you decide to spend your money, you’ll want to read my full Wealth Academy review below. I don’t believe it’s the dream maker that it claims to be–check it out!
What Is Wealth Academy?
Wealth Academy was started by a man named Richard and is set to launch on Clickbank on October 1st. It is an online money-making system and the price is $24.95.
What you find out from the sales video is that the program involves selling products on Amazon. There’s no more information than that on the sales video about what the system does. So you can see from some of the screenshots below what Wealth Academy is claiming:
Since selling products on Amazon is not easy and definitely involves a lot of effort and time, my impression of Wealth Academy didn’t start out great. But this is a new program that I wanted to buy to see what they had to offer.
What Does Wealth Academy Offer?
The cost of this program was $24.95, and here is the members area:
I just recently reviewed a program called Smart Money (which is a system I do not recommend), and was surprised to see that it had a nearly identical members area. Smart Money was basically a relaunched version of Smart Money Methods that came out a few months ago.
Here is the Smart Money Methods members area:
Smart Money Methods is a system that supposedly makes you up to $30,000 a month selling on Amazon. When I opened up the Wealth Academy system, I found the same information that was sold with Smart Money Methods! Here is the Table of Contents for the Wealth Academy system:
Here is the Table of Contents from the Smart Money Methods system:
So it’s obvious to me that Wealth Academy is not an original program. As I detailed in my Smart Money review, the 1.0 system is just basic information for how to sell on Amazon.
Virtually all the information given can be found online for free, so there’s no reason to purchase this guide. If you are brand new to selling on Amazon, you may find the information somewhat helpful, but any experienced marketer will find nothing new.
After reading through the material, I also did not find any information that you can take action with in order to start making money right away. While you get an overview, it’s my opinion that you will not be able to take this information and put it into action selling products and making a profit right away–especially not the profits that Wealth Academy is claiming!
One other note that I also mentioned in my Smart Money review is that some of the information is not current. The guide talks about Amazon aStores, but these were retired back in October 2017, making the information in this guide at least a year old.
If you decide to try this system, be aware that I did not find anything in this program that justifies to me any of the income claims being made by Wealth Academy. Selling on Amazon and making big profits takes time, a lot of hard work, and experience.
Before I got access to my system, there were, of course, upsells. Three of them were offered, and I’ll detail them for you:
~ Wealth Academy 2.0–selling for $197
This upsell claims that you can make your profits 3 times quicker and 6 times more lucrative than the main program:
Wealth Academy 2.0 is a series of 15 videos that cover a variety of topics such as, setting up your Amazon Affiliate account, web hosting with HostGator, Google Analytics, keywords, and more.
While informative, the entire length of this series of videos was just under 1 hour! You could easily do an hour or more on each one of these topics, but the average length of each video was about 4 minutes.
There are also 3 more series of videos that deal with social media:
- Wealth Academy Instagram
- Wealth Academy YouTube
- Wealth Academy Twitter
I found that each of these was as basic as the first series. None of them give you any actionable information that will help you get started selling on Amazon in my opinion, and it is not worth spending $197.
~ Wealth Academy Pro–selling for $177
This upsell is only supposed to be for people who qualify for it, and it appears that the way I qualified is by being willing to pay the initial $24.95. In the video, they claim that:
You may look at it differently, but I thought anyone who bought the Wealth Academy system seriously wanted to make it work! Now they’re telling me that I need to spend more money on something I must have–that kind of marketing is not something you see with a legitimate program.
Here is the Table of Contents for the Pro system:
This guide is a bit more detailed than Wealth Academy 1.0, but the information is still too general for someone to follow it and start earning big bucks right away. Again, in my opinion the information just isn’t actionable.
Along with the guide, there are 3 more video training series:
- Wealth Academy Pro Video Training
- Wealth Academy Social Media Marketing
- Wealth Academy Pro Traffic Video Course
These videos contain more information than the main program video series, there’s promotional materials for social media marketing, and the traffic course talks about several different methods.
However, I was not at all impressed with the quality of the materials and the information given. After reviewing them, I don’t believe they are worth the asking price of $177.
~ Wealth Academy Social–selling for $97
This upsell consists of 3 parts:
- Wealth Academy Facebook
- Wealth Academy FB Marketing
- Wealth Academy Snapchat
There are a lot of videos with a lot of information about Facebook and Snapchat. But for $97 I would’ve expected to see a lot more actionable information that directly relates to selling on Amazon.
I’ve looked at all 3 upsells in relation to the claims Wealth Academy has made about earning money by selling products on Amazon. When you add the cost of them along with the original system price, you get a total cost of $495.95. The value is just not there!
Red Flags And Concerns
If you are considering purchasing Wealth Academy, I’ll detail the red flags and concerns that I have about the program:
~ Totally unrealistic income claims–Wealth Academy makes the claim that you can earn from $1000 to $8000 a day, with people seeing results immediately. Can you make that kind of money selling on Amazon? Yes, but there’s no way it will be easy or fast, especially not with the information provided with this system.
~ The system is not original–The Wealth Academy 1.0 guide is the same information as the Smart Money and Smart Money Methods programs that have been launched recently. I did not have access to the upsell information in either of those 2 programs, but by the looks of the members area, it’s very likely that much of the info in the upsells is not original material either.
~ The program materials are too general–To start making money with Amazon in any kind of timely manner, you should be able to expect step-by-step tutorials and videos that enable you to take action and see results. While some of the training has useful information for beginners, much of the material can be found online for free.
~ The upsells are too expensive–For a total price of almost $500 for the whole system, I don’t believe that the quality of the upsells are worth their cost. Again, even though there is some information that beginners can use to get an overview of topics like social media marketing and options to drive traffic, the price is just too high for the quality of the information.
Build Your Early Retirement RatingHere at Build Your Early Retirement, we give Wealth Academy a rating of 2 out of 5. The system is not recommended because I don’t believe that it can deliver on any of the claims made. I give it 2 stars due to the fact that it does deliver an overview that newbies may find helpful. But since internet research can give you the same thing, I’d save my money.
***Update: I’ve lowered the rating on this program to a 1 out of 5. Since reviewing Wealth Academy, this program has been repackaged several times under different names. It’s not original, and the information can be found online for free. There’s no reason to spend your money on this program.
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Do you have any experience with selling products on Amazon? What do you think about the claims made by Wealth Academy? Please share your thoughts and questions in the comments section below!