Is Mobile Monopoly A Scam?
“Mobile Monopoly Mobile Monopoly Mobile Monopoly.”
I can hear it now. IS Mobile Monopoly a SCAM?
If you haven’t heard by now, you must’ve been out of the country on Safari with no internet access. I’ve been getting emails promoting Mobile Monopoly from people I didn’t even expect to hear from. Many stopped pushing their main offer to go for a quick buck on a sure thing. Heck, when I learned about it, I bought it myself and am currently working with it. I even offered it to my people who I thought would benefit.
Like anything that becomes popular overnight and sounds too good to be true, the naysayers jump right in and start screaming SCAM SCAM SCAM or more profanic like it’s BullS***.
***REALITY CHECK*** I am going to cut through the bull and hype as I see it and give some insight to the Mobile Advertising business.
With one of the most massively promoted programs to date, Adam and several top marketers have pulled in a handsome profit from the sale of Mobile Monopoly more or less saturating the mobile advertising market with thousands of eager new and old timer marketers.
I made a comment on twitter to rile people’s feathers where I stated that the only money to be had in mobile advertising right now is selling the Mobile Monopoly program itself.
Let’s face it, top marketers and Adam Horwitz himself couldn’t argue with that right now with the selling of 1000s of copies in just a few weeks time.
It has your standard facts mixed with some unconvincing unsubstantiated uneducated claims. But aren’t all product and business launches full of both?
Case in point: Things happen much faster on the internet these days, so if you actually fall for the line in MM course where Adam Horwitz compares mobile advertising to google adwords in the late 90s insinuating that there’s a few years of easy money to be had you are going to be in for a rude awakening I predict. I would say the speed at which things happen nowadays, I give it a 6 months tops before it becomes increasingly challenging to make a crazy profit.
Question remains how many people who buy into MobileMonopoly will actually try their hand at it and stick with it for more than a few weeks. For those with money to spend on dozens of advertising campaigns and the discipline and consistency to stick it out to find what works for them, they will undoubtedly find success. But as statistics show, most people buy programs and do absolutely nothing with them. At least if it’s a physical product it might get used as a paper weight or kindling, but Mobile Monopoly is your basic digital information product. Nothing to burn here but time and money, lol.
With so many new advertisers/marketers on the mobile advertising scene, you can expect bid prices to shoot up into potentially unprofitable margins as well as waiting days for campaigns to execute and complete. Fast easy money? Like anything else, that’s just a line that people fall for time and time again. Fast easy money for the few, but not the majority. For it is the majority that is making the few rich. Basic economics people.
Mobile advertising IS here now to stay and is only going to get bigger as time goes on and more people have smart phones in their hands. Competition will become fierce, profit margins will drop – etc… basically, the obvious.
Mobile Monopoly encourages you to focus only on smart phones, specifically iphone and android, and rightly so. Smart phones lend themselves to mobile advertising much better than regular cells – especially when it comes to using the lead capture page strategy that you incorporate with your AWEBER auto responder to build a LIST.
One of the selling points of the program is the claim that there’s less than 2 billion computer internet connections compared to 5 billion cell phones. However, although it is mentioned that there are only 51 MILLION smart phones, the comparison of 51 million to 1.8 billion isn’t pointed out. That’s something to consider. 51 Million phones is not all that big of a market when you have 1000s of advertisers all competing for the same ad space.
Latest sales numbers for the MobileMonopoly program is over 12000. That equates to less than 5000 unique prospects per advertiser – Ok, ok, I’ll admit that’s not a legitimate way of crunching data from a sales potential, but it does give you an idea of the limited amount of ads available at a given time when spread out over the number of advertisers wanting to put their ads out.
That said, is Mobile Monopoly a scam? No, I don’t think it is. Most of the content is well done, but there are discrepancies and incorrect information that Adam glosses over or is perhaps just ignorant of what he’s talking about. What do you expect, as he points out, he’s only 18.. or is it 20?
The thing I find most compelling about mobile advertising in general in which MM does illustrate is the fact that there are so many avenues to choose from with mobile advertising.
So, Is Mobile Monopoly worth the $77? I would have to say yes, especially if you know little to nothing about mobile advertising and want a good beginner tutorial on getting you up to speed quick. Time is of the essence here as with any new business model, so don’t sit on the fence if you want to get into this. Get in NOW not later or don’t bother at all.
—>Get Mobile Monopoly Today – Instant Access
How do i get cellphone numbers to advertise to?
WOW a fair and honest review. I am surprised no one has commented on excellent review yet.
not sure if there are legitimate marketing lists you can get. Offline, if you have a business or are helping businesses with their marketing, you can set up a campaign for customers to give their cell # in exchange for promotional offers or discounts (incentives). Online, capture pages could request that the person give up their cell # in addition or instead of email, but i would imagine your optin rate would be very low.
Great review honestly…I really appreciate the insight.
my question…
Who do you use for your mobile marketing and how do you sent up the landing pages to capture emails for lists???
Hey kirk,
… a little work, but it’s easy enough.
I’ve used admob- not impressed with them as they can take forever to approve and run your ads – likely do to their popularity.
I like offermobi and adfonic. I’ve played with CPM offers thru peerfly.
But to answer your question about capturing emails, I followed adam’s example of using my auto responder with a custom opt-in page as my landing page – if you are a member of MM, go back over the tutorials to see how that’s done – too many steps to do in a reply
I must say I tried this product and it’s not what they say it is…I work in Telecom net and it does not work…You can not get so huge traffic as they say…no way
I read your earlier and current review on Mobile Monopoly. I really appreciated your honest approach.
I have just seen Adam’s video and the spiel about the product and I was left mortified concerning webs and computers disappearing in the next 3 years……
I have been browsing the marketplace now for several months on setting up an online biz. If I take on board the reality that computers and websites, as we know them, will fade away and that mobiles will rule. I pretty much have no biz to look forward to according to his predictions. The spiel was so doom mongering and a load of hype. Also Mobile Monopoly seems to apply to the cool young thing and not to the older generation.
There are many older people who are not suffering from dementia but appear to be overlooked. They are also people who have a lot of spending power.
I have not yet seen these people being addressed in any positive way.
I may be wrong with my thinking but the industry is moving fast and we as humans need to take on the persona of a robot!!
terry thanks for the honest and informitive article im stil conteplating on using this cause im unemployed and i dunno how much i have to spend on advertising and or do i need a webpage etc etc
Tania – well thought out and insightful comment! I agree that it seems many of these young kids (i’m an 80s child, so it’s hard to pass myself off as a youngen’ anymore) – anyway, that these teens/20 somethings suffer from a form of myopia. They don’t seem to be able to relate nor have the life experience and wisdom to see how the world was before they breathed their first breath – some even come across a bit foolish and almost arrogantly oblivious of their ignorance.
Ok, i guess that’s enough ragging on the younger generations – we’ve all been there. I’ll share a concern of mine – that being just how fragile our technology is – what with govts (including the usa) pushing thru and utilizing internet kill switches on a whim. Big brother 1984 fears becoming a reality every day.
I myself have been in this industry in one form or another since the early 90s – we’re talking aol 2.0 and earlier dinosaur era.
Because of this, I have a unique view of what goes on – and a very keen eye to see thru all the hype and BS.
I don’t believe computers will disappear in 3 years – they may not be the primary vehicle for internet activity, but they will continue to have their place. I for one don’t want to watch a movie or TV show on a 9 inch or smaller screen. I am also a musician and software like REASON needs all the screen space i can manage.
The internet is a constantly evolving beast – and it does seem to change faster than our minds can fathom at times.
I for one am getting ready to revamp my whole approach to this industry – streamlining and (i hope) offering knowledge and tools that apply to whatever business or program you choose to take on.
You are right, the baby-boomer generation is still a force to be reckoned with and many people out in internet market-land ARE aware of this and understand their need.
I’ll spill it right here – my Primary program is still SHAKLEE – a company that has been around for OVER 50 years – and I would say is network marketings biggest secret and golden jewel. Incorporating online and offline marketing and training tools with this is the idea.
What Adam and others that are spelling gloom and doom are NOT pointing out that at the end of the day, all of these so called fully automated/ hands off/ hide out in your basement ways of doing it are NOT going to take the place of REAL person to person connections.
Behind all this tech is still US – real human beings looking to make meaningful connections and enriching one another’s lives.
I hear ya Dennis!
I know the unemployment/ UNDERemployment rate is MUCH higher than the official statistics mainstream media spits out.
I am working on revamping my approach to IM – streamlining things down, presenting just the facts, necessary tools, cutting the BS and showing how to do the same so YOU can ideally get similar or BETTER results.
For now, if you are unemployed, I would do what I can to stay positive and learn as much as you can – look around and see what sort of online business you want to do – if any at all. Ex – affiliate marketing (cheap to free entry, but LOTS of competition), network marketing/MLM, direct sales, etc etc… trust me, there is PLENTY of high quality content out here that is FREE and found on blogs, videos etc…(yes, you do have to wade thru a lot of crap and sales pitches disguised as ACTUAL content, but you’ll develop an eye for what is what_)
One suggestion – which I will include in my updates/emails/posts is from my friend, jonathan budd – an advertising budget of $150 a month to start in order to get to a 4 or 5 figure MONTHLY income in a year or two. However, just like with anything, he over simplifies the method – and leaves out things like the monthly cost of an autoresponder (about another 20 bucks) – which you WILL need – http://aweber.simpleandautomated.com, and optional things like personal domain names, webhosting and more – some things you don’t have to have right away but would want to incorporate as soon as you can, while other things just help with automation and leverage of your time.
Keep Learning!
bull!!!!
mobile monopoly is a scam!!! promoting and pushing their BEASTMOBI software like every 2 minuts in every video and basicly saying that without buying the softwar for an outrageous monthly fee it will cost hundreds of dollars to get one squeez page made in affect making thier whole program usless without buyng the software
in short – a scam dont fall for it!!!
Indeed. I must add my two-penny worth.
I’d summarize like this:
1) Computers/laptops/PC’s will not disappear any time soon. Push as they may, there are just some things people like, er, BIG (screens, for example).
2) I’ve been into technology since the days of the ZX81 (early 1980′s). One thing that we know for sure is PEOPLE cannot be taken out of the marketing loop entirely – not ever.
3) The number of “over 40′s” (read, old) people with phones, and more importantly , significant disposable income, means while “trendy” ideas may well attract the young first, the same ideas need significant take-up from the Golden Oldies if we are to see a global shift. Trust me when I tell you this: Us Oldies Will Never Give Up Our PC’s and Laptops. Period.
4) Mobile Monopoly is great, and is an area to watch in terms of growth. But “massive money making opportunities”? Sure, for the early few. The rest of us will have to wait for the population of Smartphone users to grow SIGNIFICANTLY. That will take longer than three years.
5) I am not a Luddite. I believe in change. I believe in technology. Good luck to the few making money with MM, but I wouldn’t class this as a “mass movement”.
Peace.
Well said Akil … I totally agree. Although I wonder once all the older people die off if PCs will too. I mean look at horses in developed countries. Used to be our mode of transportation before cars. Now they are a luxury for the few – unless you are a cattle rancher or some such.
Funny thing about old computers – back in the 80s and 90s we just tossed the old ones out as they were no longer up to snuff for the latest greatest, fastest, smallest…. Now those same computers are sought after by ‘collectors’. A bit ironic.
I didn’t think he was being overly pushy with the beastmobi software and that doesn’t make mobile monopoly a scam.
I tried the beastmobi software for a month just to see how it worked. I can tell you, it’s not needed. And in certain advertising instances, you can’t even make use of it.