Avoid the scams for good

The cash vendor scam thecashvendor.com

Posted: June 23rd, 2010 | Author: | Filed under: Scam Sites | Tags: , , , , , | 1 Comment »

The Cash Vendor scam thecashvendor.com

We find out if the Cash Vendor by Rick Thomas is a scam or not.

First of all, let me tell you that I’m not a particular fan of these big product launches.  I get flooded with emails in my inbox with affiliates hyping up the next big launch.  Every week, some guru tells me “this is the next big thing, don’t miss out or you’ll regret it forever!”

The cash vendor is being promoted as the “biggest launch of the decade” with the prelaunch starting from June 22 2010 and official launch day of June 29 2010.  That means during the run up to the launch day, you’ll have probably been receiving promotional emails from an internet marketer.

As of writing this post, and finding out if this is a scam, this is what we’ve found so far:

Rick Thomas previously sold a product called “30 day wealth system” which is now promoted as Paidresearchprogram.com which is about creating products and selling them on affiliate networks such as Clickbank.

The Cash Vendor is also about creating products to sell on clickbank etc too.  So what’s the difference?

Paidresearchprogram contains modules on how to choose a niche, how to do the research on the niche and how to create an ebook.  This is followed by how to create a website with an opt in form and sales copy to promote your book as well as how to place the ebook on affiliate market places like paydotcom then get affiliates to promote the ebook for you.

The Cash Vendor covers the same topics but is designed as a membership program rather than a one off course, so this should mean more up to date information and hopefully good support.

Producing your own products is always the way to go if you’re serious about building a real business online.  If you look at the “gurus” they all have their own products and promote other people’s products too.

So in this case, the essence of what the cash vendor is teaching we do agree with.  Whether or not the quality of the training is any good is the unknown at this point.  But if you want to get started and make money as a vendor, getting other people to promote your products for you rather than promoting other people’s products as your main source of income then this might be worth a try.  The good thing is you can always get a refund easily as you’re buying through Clickbank.

If anyone has joined the cash vendor, please let us know what you think of it and how you’re getting on with it.