Product Name: My Online Business Empire (MOBE)
Product Owner: Matt Lloyd
Entry Price: $49 + $19.95/month
Upsells: Up to $29,997 (Not a TYPO!)
What it does
MOBE is an affiliate marketplace with high-ticket products that members promote to make a commission from. It is a form of MLM – every active MOBE Consultant gets a 5% commissions on the personal sales of their downlines (sponsored consultants)
The owner of MOBE is Matt Lloyd.
As a product, MOBE has taken its hits from numerous reviews. Most reviews do not paint it positively and some went as far as calling it a scam. I don’t think it is a scam but it does have some concern points.
Getting onto the MOBE system and to start selling it, you have to purchase the licence to do so and it is at a hefty price tag of $2497. That puts you into their lowest tier membership known as Silver Class. Being in Silver Class also gives you access to “Done for you Emails” that you can customize quickly to send out to your list.
There are also higher tiers of membership which go all the way to $29,997 (Diamond Class) + monthly subscription fee of $295. Check out the table below for a breakdown of MOBE’s Membership Tiers. I am not sure how it appeals to you, but it comes across as very complex to me.
I prefer simplicity, especially when starting out.
MOBE’s Target Audience
It is hard to recommend this to everyone, even though MOBE markets itself to anyone who is keen to make money and change their life. They have testimonies of members who became successful very quickly within months.
Having said that, the meaningful targets for MOBE are likely to be…
- Entrepreneurs who are already quite successful at affiliate marketing and are looking to scale up not just in terms of volume but targeting customers who are able and willing to invest in high priced products (High Ticket Affiliate Marketing).
- People who are simply more interested in making money via high ticket items. A perfect fit for those who want to make money without being bogged down by the process of developing content. MOBE promotes Done-For-You-Services which includes automated emails, articles, videos that you can use to blast out immediately.
My…One-time Experience with MOBE
I will be very frank that I can’t afford to pay that kind of membership fee.
And even if I could, I may not want to because…
#1 There are just too many membership tiers and I see this as a marketing technique to maximise sales
#2 It’s MLM and only those at the topmost tiers are earning. The downlines are trying to get up there but sadly, it is an uphill battle.
#3 Finally, this is the deal-breaker for me and it’s a recent experience from this year. I attended a 2-hour workshop by MOBE and was introduced to the whole concept of selling high-ticket items. Everything was good, the presentation was smooth and I have a strong reason to buy into it because I genuinely want to become financially independent.
Then came the most crucial part…I asked what is the upsell and how much would it be?
You see, by the time I attended such a workshop, I have already been exposed to the concept of upsell. When I asked this question, the workshop facilitator avoided my question not once but thrice. Towards the end, he admitted there would be an upsell but he didn’t think that should affect my decision if I am a true entrepreneur!
Needless to say, I left that workshop knowing full well I won’t be committing to something I am not clear about and his final dig at me was not convincing even though I can appreciate where he is coming from. It is perfectly alright to put forth the strong notion that one has to invest in order to earn. Encouraging others to invest is nothing wrong, but not being transparent with details is not.
If you are a beginner, I STRONGLY advise you against taking up such an expensive investment. If you are interested to get started on creating an online business, Wealthy Affiliate is my Number #1 recommendation. You can read my FULL REVIEW here.
Are you already a veteran at Affiliate Marketing and making substantial profits? Then, you may just have the BUDGET for MOBE. In addition, if you want to raise the bar by targeting High Ticket Products, MOBE may be worth your investment but it is an expensive one at that. Personally, I would suggest you look for and market high ticket items in affiliate marketplaces such as CJ, Shareasale, JVZoo. They do not impose any licence fee for promoting any of their products and all you need to do is to apply for affiliate memberships to review and market the products you are interested in.
This is my unbiased take on MOBE. I hope you find it useful. I’d love to hear from you too if you have any direct experience with it or other interesting online business opportunities. Share your comments below.