This product has a few different versions: Profit Singularity, Profit Singularity Elite and Profit Singularity Ultra Edition. Essentially, it’s an in-depth course on how to run successful YouTube ad campaigns. It leverages AI and apparently, there are many students doing really well as a result of taking the course and following the instructions.
The money claims seem fairly hyped and I saw a number of people reviewing the product and copying almost exactly what others were saying about it and one YouTuber did two separate video reviews, both of which were AI generated using two different voices. I have to say I don’t like robots talking to me. Sooner or later I realise that it’s not a human and frankly, I don’t see why people need to use a machine to do a short review of a product that they genuinely believe in and want to share, or copy other people’s videos almost word for word, but anyway, let’s get into this review.
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Who Created Profit Singularity Elite?
This course was designed by IM Wealth Builders which seems to be a team or at least more than one person but we aren’t given an actual name. If you go to MunchEye and click on a link for IM Wealth Builders, you’ll get this:
A random dude with no name and a list of previous product launches.
I have to tell you if you don’t already know, that there are plenty of people who keep coming out with make money online products and selling them on platforms like WarriorPlus, JvZoo and Clickbank. But these programs usually tend to be over-hyped, misleading and very low quality.
Related: Spotting and Avoiding Get-Rich-Quick Scams
What is Profit Singularity Elite?
It’s a series of training videos and resources which you can use to create YouTube ads that are ideally optomised for conversions. It has several ‘done-for-you’ resources like ready made templates and AI software which are meant to make the process of ad creation simpler.
The course is delivered over 8 modules which they recommend should be studied a week at a time. That means it’s an 8 week course.
It will teach you about the process of how to put together YouTube video ads that lead people to a sales page for an offer that you will be promoting as an affiliate.
They say that Facebook ads are a lot harder to run successfully these days because there are a lot more restrictions than there were in say 2015 or earlier and that YouTube ads is goldmine of an opportunity because they are easier to run than Facebook ads.
Essentially, it is a course that leverages DFY and AI software to help you make money with affiliate marketing through YouTube advertising campaigns.
The word Singularity in this sense refers to a point in time when artificial intelligence (AI) will surpass humans. The idea is that thanks to AI, you can put together the perfect ads and make money etc.
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Can Profit Singularity Elite Help You Make Money?
If you’re sensible and follow what is taught, it is certainly possible to create YouTube ads that preform well and make you money.
However, there are some things you need to be careful of.
For example, you’ll need to set a budget for your ad spend that works for you. Many beginners believe ads will perform better than they actually do and that’s usually because they aren’t experienced enough.
For all this to work, you require an ad budget as well as paying for the course and tools themselves.
Some students are lazy, unimaginative and uncreative. They do not customise the premade templates and promote the same generic weight loss products from Clickbank. This has triggered the Google algorithm to take action and ban their ad accounts. So much for all that money spent on the course and previous ads…
But if you know how to stand out and not promote spammy looking offers, you have a better chance.
You should also be aware that you will need to experiment with ads before you hit on one that works well for you. This will probably involve running a number of initial campaigns that suck for a while and drain your ad spend. But if you do succeed, it should be possible to make back what you spent previously and more.
Overall, this is a fairly tricky strategy even with the help of the DFY resources and AI software. Personally, I prefer to attract organic traffic through blogging rather than basing my entire business on running paid ads. Plus, who’s to say YouTube ads won’t do what Facebook did and dramatically crack down on affiliates running ads in the future. If that happens, your online business could potentially crash overnight.
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What Do You Get Inside Profit Singularity Elite?
I quote from the Terms & Conditions:
- “Seller will provide training on how to find and choose affiliate products to promote.
- Seller will provide training on how to create promotional web pages necessary for a sales funnel, including copy & paste templates with instructions on how to customize for different niches.
- Seller will provide free web hosting for 3 websites through a 3rd party partner for the time period specified in the 90-minute training webinar
- Seller will provide access to AI voice generator software and Video Ad Script Generating software for the buyer to use in creation of the ad videos.
- Seller will provide training videos on the psychology behind video ad scripts that will assist buyer in creating scripts for any niche they choose
- Seller will provide access to their “Million Dollar Ad Vault,” with 6 example videos that have generated $12k to $50k revenue days.
- Seller will provide “$300k in 14 days case study,” so the Buyer can see inside a highly successful video ad campaign and exactly what it looks like to reach $300k in 14 days
- Seller will provide homework assignments throughout the training which Buyer agrees to complete and submit for each of 8 training modules.
- Seller will provide coaching support via support email for technical questions, business-related questions, YouTube ads questions, and anything related to the product purchased
- Seller will provide live Q&A webinar sessions, beginning at module 3 through the duration of the course.
- Seller provides bonuses as described on the purchase page.
- Seller will provide a coupon for 6-months free access to the Vidbot software (Buyer agrees the software requires a credit card or Paypal account to activate the 6-month free trial)”
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How Much Does Profit Singularity Elite Cost?
It doesn’t come cheap but there are three payment plans to choose from if you’re considering purchasing:
- A one time payment of $2497
- 3 monthly payments of $997
- PayPal Credit – No interest if you pay in full within 6 months
But again, your costs don’t stop after purchasing the course. The other big investment is going to be ad spend.
Is There a Refund Policy?
As for a refund policy, there are no refunds, however they have a ’90 Profit Guarantee’ which says that if you don’t make money in 90 days, they’ll reimburse you AND pay you $500 for your time. I was skeptical about the extra $500 but they also refer you to their Terms & Conditions which after reading, I did see that they confirmed this but only under the condition that proof is provided by the buyer that they implemented the training and ran video ads that weren’t successful over a set period of time.
Is Profit Singularity Elite a Scam?
No, it’s not a scam since it teaches a legit strategy although I did discover some things that are misleading about it.
For example, there are claims that you can make $300K in 14 days. Honestly, if you’re a beginner, that’s bordering on being completely impossible in so short a time. Chances are you won’t start to make any actual profit from practising with ads till after 14 days.
There is also the familiar fake scarcity marketing trick on the sales page with the Fake Timer that tells you that you are rapidly running out of time but you never are. There’s no need to buy this product quickly. Trust me, it will still be available tomorrow and the day after as well, etc.
Who is Profit Singularity For?
They say it can be for beginner to advanced affiliates. I suspect that it is mostly newbies who buy this program.
But to be honest, I wouldn’t throw beginners into the deep end of affiliate marketing by teaching them something as difficult and risky as paid ads.
I also wouldn’t drill into them the DFY mentality and things like getting AI to be your voice for videos instead of learning to do videos yourself and become better at them and more confident. The true way of entrepreneurship has never been about getting other people and bots to work for you but DOING IT YOURSELF!
That’s why I can’t say I’m a fan of this kind of program even though it can help you make money online and if you’re prepared to give it a go, you’re welcome to it.
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Concluding Thoughts & A Better Alternative
That about sums up what I wanted to say in this review of Profit Singularity Elite.
No doubt it’s a good course and the tools are useful, however, it’s simply not the best way to get into online business for the long haul in my opinion. I may use something like this as a compliment to a more organic online business such as Blogging and YouTube (with a normal channel focused on a niche I’m passionate about).
I also think it’s just too expensive to invest in a program like Profits Singularity Elite.
I personally use the Wealthy Affiliate formula which is far more affordable and I believe delivers more value over all.
To see further details, see my Wealthy Affiliate review.
Wishing you the best on your online journey!
Dominic.
