MyAffiliateCashSystem is a David Michael program that offers you your own internet business for an initial purchase price of just $1.00. For that one dollar purchase, My Affiliate Cash System offers you two constructed websites and pre-arranged affiliates.
To be clear, affiliate marketing is a legitimate online business that does offer people a chance to make a very decent living. Affiliate marketing is a method of sales that allows vendors to recruit outside parties called affiliates to help promote their products. In return for their participation, these affiliates earn a percentage of sales made from their referrals.
MyAffiliateCashSystem is appealing because it offers you two constructed websites and affiliate vendors without you having to do any work. However, anyone familiar with affiliate marketing knows that those are the easy parts of the business. The difficult part is actually getting people to come to your website to purchase the product you’re affiliated with. And there are a significant number of My Affiliate Cash System customers who report zero training or assistance with this.
So is MyAffiliateCashSystem a Scam?
Well, in addition to being a poor program for actually preparing you for the world of internet marketing, there also seems to be some pretty serious problems with both the claims on the website and the billing practices of the company.
First, David Michael says that it will only cost you $1.00 to join. But he doesn’t mention that you will need to pay him $47.00 a month to host and maintain your two websites. If you chose to create your own website without the My Affiliate Cash System, this same service could you as little as $3.00 a month.
Second, David Michael promises that if you don’t make $100 within the first 48 hours of signing up, then he will pay you $100 out of his own pocket. That sounds nice, but it’s simply not true. Almost all customers say that when they asked about their $100 pay out they were told that they weren’t eligible for that pay out until they had earned $250 in affiliate sales.
Unfortunately, this information isn’t anywhere on the My Affiliate Cash System sales page – it’s not until after you’ve paid your $1.00 and shrugged off the $47.00 monthly charge that you realize you won’t see that $100. So you’re out $48.00. As for getting a refund on your original $48.00, it’s not likely. Most customers report emailing repeatedly with no response.
Another problem is that if you end up liking your website and being successful with it, then you are stuck paying the $48 monthly fee indefinitely. If you ever stop paying then “poof” and your website is gone…