Is the Evergreen Wealth Formula a scam? Let’s take a look.
In my quest to find the best Internet marketing products available online today, I’ve come across a lot that promise you the moon but deliver very little actual actionable content. Is this the case with the Evergreen Wealth Formula?
The answer, in short , is “no”.
When I analyze a new product, my primary unit of measure is ROI, or Return on Investment. In other words, I look at how much money I earned as a result of using this product expressed as a percentage of how much money I spent purchasing it.
For example, if I spent $100 on a product and, in using it, earned only $50, then my ROI would be -50%. Anything in the negative is a product you should absolutely stay away from.
If I spent $100 and I earned $100, then my ROI would be 0%. This is also known as the break-even point or the over/under. Any product with an ROI of 0% is not worthwhile and is not recommended.
But if a product has an ROI that is above 0%, it is one I would consider recommending. How strongly I recommend this product depends on a number of factors, including risk, velocity, user interface and others which I will get into momentarily.
So let’s turn our sights on Evergreen Wealth Formula. I bought it for the purchase price of $97. It was delivered instantly via download, which is nice because I didn’t have to wait around for CDs or DVDs to be delivered to me in the mail. I was able to start using it right away.
So what did it include? Evergreen Wealth Formula basically gives you two different products. The first is a series of videos that show you how to set up your own online businesses.
I found the videos to be highly informative and extremely useful. In terms of their ability to efficiently facilitate user interface – in other words, the ability for users to understand the information and act on it regardless of their skill level or previous experience – I give it a 9 out of 10.
The information presented in the videos was presented in a clear and approachable manner. Realistically, all the user needs to do is to follow along with what is being explained and simply replicate it and by the time the final video is over with, they would have a fully functional Internet business that is ready to start making money.
Which brings us to the second thing Evergreen Wealth Formula provides. A business is only successful if it has lots and lots of customers who are continually buying the products that the business is offering. A business without customers is like a car with a transmission: It’s not going anywhere.
In addition to providing an actionable blueprint on how to set up your online business, Evergreen Wealth Formula also does an excellent job at explaining the steps you need to take to feed new customers into your profit stream. In other words, it takes you by the hand and shows you how to find people who are passionately interested in the types of products you are promoting, connects them to the websites it has helped you create, and let’s your business go to work on auto pilot providing those customers with precisely what they are looking for.
So in terms of its ability to provide the complete package of what your business needs to succeed, I give it a10 out of 10.
The next thing I was looking for was its velocity. This means how quickly could this product ramp up the amount of business that it generates so that it produces an increasingly large amount of new business. This is measured by weekly business growth.
Throwing out the first week’s data (which of course shows a 100% business growth because start from $0), Evergreen Wealth Formula showed a 17% growth the second week, 39% growth the third week, 112% growth the fourth week, and 294% growth the third week.
In other words, I went from making about $35 the first week I started using Evergreen Wealth Formula to more than $569/week by the end of the first month. An the data continues to show increased week-over-week growth in subsequent weeks as well, meaning that the potential profit velocity of this product is excellent. I rate it a 10 out of 10.
Finally, there’s the risk. This is measured using two separate criteria. The first is cost versus anticipated ROI, which was explained earlier. For example, some products I have encountered (and reviewed) in the past were priced at $1,000 or above. This is a hefty sum to invest in an untested product. If the estimated ROI is above 0%, however, it may be advisable to move forward with the purchase, yet reservations would remain because of the loss potential.
With Evergreen Wealth Formula, the cost was $97 and the estimated ROI was within acceptable levels, making it a “Buy” according to the first risk criteria.
Turning to the second risk criteria, the consideration is what sort of guarantee is there that it will deliver on what it promises. For example, there are many products available that offer a limited guarantee, a qualified guarantee, or guarantee whatsoever. In those instances, even if the cost vs. ROI risk was acceptable, the guaranteed risk would make it either a “Don’t Buy” or “Buy with Caution”.
But Evergreen Wealth Formula comes with an unconditional 60-day money back guarantee. That means that the risk criteria are completely covered. In other words, your purchase is essentially insured against non-performance. If the cost vs. ROI is not what you anticipated, you can recover your entire investment.
That why I am grading the risk factor for Evergreen Wealth Formula a 10 out of 10.
So to recap, this product received a rating of 39/40, or a score of 97.5%. That makes it a strong “Buy” recommendation.