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Magnetic Money Miracle Review
Date Added: 12/10/2009     Reviewer: Traces2757
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Website URL: http://www.magneticmoneymiracle.com
Company Name: Magnetic Money Miracle
Alexa Traffic Rank: 6,631,078
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Magnetic Money Miracle Description

Magnetic Money Miracle is a work-from-home membership program that provides a step by step system that people can follow to make money. The program is designed so that it can be used successfully even by people who have no selling or marketing experience. It works through the direct mail, phone and online system of selling, and support and resources are provided for all members.

Magnetic Money Miracle Detailed Overview

At first glance, Magnetic Money Miracle looks like a network marketing program, but there is no downline building involved in it. The program is all about selling, mostly through direct mail and telephone. It revolves around the selling of certain product packages. The least expensive of these product packages, the Bronze, costs $595, and the most expensive one, the Diamond, costs $12,598. The products are all marketing-based information courses and tutorials, in written, audio and DVD form. When you purchase a package, you are also automatically enrolling as what is called a “qualified director” for that product, which allows you to enroll others at that package level or any of the lesser package levels. Your commission on each enrollment is a high percentage. For example, if you sell a Diamond enrollment, your commission is $12,000.

Obviously, you have to buy into the program in order to start making money with it. You decide at which level of enrollment you want to start. The higher the level you are at, the more money you can make. After enrolling, you need to purchase postcards for an extra price. These postcards are mailed out by the program for you, and they promote enrollment directly through you. People who receive the postcards and are interested can either call you or visit your member website.

In order to keep making money with Magnetic Money Miracle, you have to keep purchasing the promotional postcards to be sent out for you and enrolling interested prospects. The administrators of the program say that with the average amount of enrollments you’ll get per mailing, your commissions will start paying for the postcard mailing quickly, with plenty of profit left over.

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Magnetic Money Miracle Reputation

Feedback on Magnetic Money Miracle seems to be mixed. You’ll find a lot of people who are extolling the virtues of this home-based program. These people report that if you keep investing in the post card promotions and convince interested prospects to enroll, you can see significant income each month. There have been some complaints about people paying for enrollment without being told they’d need to dole out more money for post cards, but that depends on the integrity of the person who enrolls you. There are some other complaints about people not regaining their investments because enrollments were too hard to sell. Apparently the program does pay if you make sales, though.

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Hate it! total scam!

I thought I was going to be making a lot of money with this but I ended up losing instead of winning money. I did not make any profit out of this and also lost my investments I made in this! Now I am really mad and totally do not suggest this!
 
 


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avatar 2,000 Credits - Top Contributor   by luis45lope on July 14, 2011 at 3:55 PM CST

 
 
 
I was wrong

I registered with MMG 3 or 4 months ago, thinking that this is my chance to earn a heap of gold... I was wrong, not only I did not make any profit, but I actually lost almost all of my investments! Maybe it was my fault, maybe not, but in the end, I ended up having lost almost all of my money, and not knowing what to do. I do realize however that the more money you invest, the higher the chance to get more profit.
 
 


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avatar   by Torrez on June 14, 2010 at 8:02 AM CST

 
 
 
Where's the "product"

I signed up into MMM under a person who claimed to be a "Christian" (that should have been a red flag) but she seemed to know what she was doing. The first thing I notice after getting into the "back office" was that it was very weak. I proceeded to set up the phone system ($20 pr mo) - the auto responder system was to be included. Now here is where it gets rather interesting... when I tested the auto responder - I started receiving over 20 duplicated messages over about a 4 hour period. My "sponsor" said that she didn't even use the company auto responder and suggested going to Aweber to set up my own acct ($20pr mo). To this day, after several emails later, I have yet to hear from either my "Christian" en roller (high) or "customer support". This, in my opinion, is just a thinly veiled "gifting program" that is trying to distance itself from such. There are always 2 things that sell very hot: Lose weight fast programs and get rich quick programs.
 
 


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avatar   by stevekosvic on April 30, 2010 at 9:19 AM CST

 
 
 
Not good if you Don't have money to invest

The Magnetic Money Miracle is a bit of an oversell, but it is not bad. It is easy to make your initial investment back, but if you want to really make money and move up the levels you will need to invest a good amount to get going. This does involve postcards, which work, but cost money to get. Just be aware that you will need a minimum of $1,000 to really start this one up right.
 
 


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avatar   by behing01 on December 22, 2009 at 6:46 PM CST

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This one actually works

My girlfriend and I enrolled in this program and believe it or not, it actually works. We have only made 2 sales but we DID make a profit over our initial investment (almost double). I was told in the beginning about the postcards so I didn't feel scammed. From here on out every sale we make will be profit unless we move our level up, at which point we invest again. The thing that I don't like about this program is that there is absolutely no way to turn your income into residual income. If you stop selling you don't get paid. There is a lot of money to be made with this program but you have to work at it. This one is not a get rich quick scheme. As far as the postcards go, you don't have to keep ordering them but they do help you advertise. I personally like the postcards. They help you get sales.
 
 


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avatar   by Skeetsplash on December 14, 2009 at 10:29 PM CST

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MMG complications

So I enrolled in MMG several months ago trying to start my own home business. Like any other business in the real world, you need money to start. What I didn't know was that I'd need additional money to sell products and even more to maintain a healthy account. During this time I was busy with a job and I had a hard time making sales, so I wasn't making a lot of money. With low sales experience, tutorials that weren't very interesting to me, and a huge membership to pay; I decided to cancel. The investment to me is way too expensive, and the combined cost of products to sell left me with more of a debt than I started off with. I think if I had more time and disposable income, I might've done better. I don't recommend this for people unless they have a lot of time and money.
 
 


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avatar 3,000 Credits - Internet Marketing Expert   by miguelgrhm on December 11, 2009 at 5:10 PM CST

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Magic Money Miracle a good start

I used Magic Money Miracle a year or two back when I was in College. This biz-op is easy to use and it pays out handsomely. All you do is basically promote and sell items online. You host a domain, set up a URL, and market your goods away. This biz is similar to a lot of other websites that allow the share of marketing goods such as amazon, ioffer, ebay, etc. But this one is great for starting out and making a name for yourself. This program, in layman terms, is basically just like telemarketing, you call the people and ask if they would like to buy these products. The products are a bit steep in price at $500-$15000 but the commissions pay out handsomely. To buy into the program it costs a couple hundred, Canadian in my case, but it's all worth it. The products you're selling are tutorials, dvds, audio tapes that offer hands on experience in marketing. This program is a good start and like I said, it pays great!
 
 


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avatar 5,000 Credits - Internet Marketing Master   by Donroma on December 11, 2009 at 3:42 PM CST

 
 
 
7 User Comments
 
 
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