MyiBizOnline.com is a website that claims to provide you with your own web store and the training necessary to be successful with it. For an initial charge of $4.95, you get a 7 day trial in which to become acquainted with your web store and the work you will need to do.
After the initial 7 day trial, you will be charged $49.95, and a monthly subscription fee of $49.95 will be charged to you every 30 days afterward.
MyiBizOnline.com claims that you get to keep 100% of the profits you earn for every sale you make from their website, and you have no need to worry about getting, storing, or delivering products – My iBiz Online will take care of all that for you.
In addition to earning income from your own, fully automated online store, My iBiz Online promises that you can purchase items for your own personal use at the fully discounted wholesaler price as an added bonus.
So is My iBiz Online a Scam?
Well, the problem with My iBiz Online is the same problem with all companies that promise you pre-made, fully automated store websites that sell products they provide – they simply don’t work.
Making an online store successful requires many things. The very basics in online store success are that you must be able to get traffic to your website, and once you get the traffic, you must have a product that differs from your competition in some way, or which you sell in a different way.
When you get a pre-made, automated website from a company that is selling this exact same product and website to hundreds of other people, you already fail at one of the most basic steps needed for success. Your competitors will have the exact same products displayed in the exact same way.
In addition, you will be competing for traffic with all the others who have been sold this website, and again, you are selling the same product in the same manner they are. This is a recipe for online failure.
An online store is a decent business to have, but a pre-made, automated website selling products you have never seen or heard of until you pay the fee? There are other and better ways to make a living online.