November 21, 2011 review update – In this Consumer Wealth System 2.0 review, I’m going to discuss the changes and improvements that you can get from this updated 2011 version.
I’ve already written a review of the first version of Consumer Wealth System and it is one of the courses that I recommend especially to those who are getting started with affiliate marketing.
Now I got to check out what’s inside Consumer Wealth System 2.0 and to say that I’m impressed is a big understatement. Stick around and hopefully my review will help you in making a decision whether or not to go ahead with this course.
Consumer Wealth System Intro
This section contains 2 videos, Course Overview and Preparation. The first version of CWS had 9 video tutorials but in this updated version, it has over 40 videos. The whole system is split up into 7 sections which you can easily go through if you need to watch a specific section again. I like the fact that most of the videos were only around 10 – 15 minutes because I easily drift away when the videos are really long.
The Preparation Video is 23 minutes and there’s a good reason for that. This is the most important video of the whole Consumer Wealth System course because it talks about preparing your mindset. I believe the lack of having the right mindset is one of the major reasons why a lot of people fail to achieve their goals with IM or in life. There are many videos in this course that will discuss more technical stuff but this is the video that you really have to take into heart.
This section contains 3 videos and the first video (selecting a profitable market) will explain to you the ideal type of market that you should be targeting. The next video will discuss the differences between good and bad markets. This is important because there are lots of beginners who are promoting information products. Now, there’s nothing wrong with that but once you’ve switch your angle to promoting consumer based physical products and services then affiliate marketing is going to be a lot easier.
The third video in this section is a long one (20 minutes) and it’s going to be an action-oriented video where you’ll actually apply the lessons you’ve learned. You are going to use some websites where you will brainstorm and research your first markets to promote. This is also a good opportunity to learn how to research the markets and how to use mind maps to organize the ideas.
Domain Registration and Hosting
Next section will talk about domain names and setting up your hosting. You will have access to 7 videos and I particularly like their intro video because it will explain to you the differences between a generalist and a specialist site. You’ll also learn how to choose a proper domain name for your websites.
There’s a video in this section if you want to jumpstart your success but this is a little bit advanced for a newbie. Basically it’s about registering an old domain so you can get instant authority and age from Google. I’m familiar with this technique but I didn’t really bother to use this because I’m a bit lazy and don’t want to go through the trouble.
The remaining videos for this section will show you the entire process of getting your domain names and setting up the hosting. I didn’t bother to watch it because of my experience level but I’m sure that this will be very important for a newbie especially for the technically challenged.
Setting Up Your Website
This section contains 7 videos that will walk you through in setting up your website. You’re going to use WordPress and the CWS training will show you how to set it up in your hosting account using Fantastico (you have to use Hostgator and Cpanel). After you install WordPress, you then learn the factors in what makes a good design theme for your website.
The training will then show you how to get your themes using the search function inside the WordPress admin panel of your website. You will then get introduced to WordPress plugins which can really enhance the functionality of your website.
The last video in this section is very important because it deals with your website architecture. Basically it’s how you organize the content in your website and this is important when it comes to optimizing your webpages for the search engines.
Consumer Wealth System Core
This section contains 11 videos and for me, the biggest takeaways in this section are the action steps in choosing products to promote, guidelines in gauging your competition in Google and writing reviews that will convert visitors.
I like their approach when talking about determining competition in Google because they split it up into two strategies. The basic competition analysis will discuss the number of quoted results for a keyword while the advanced competition analysis will teach you how to look at the top 10 web pages for a certain keyword. Just keep in mind that determining keyword competition is something that you have to practice and there’s no other way to get good at it but to just take action and taking a look at the results.
Getting website traffic doesn’t mean squat if you cannot convert them and that’s why the video about writing product reviews will be helpful. You’ll learn the types of people who are going to visit your website and you’ll also get some ideas on how to improve your reviews so your visitors would be inclined to click through your link and take action.
Traffic Generation and SEO
The discussion on using backlinks (off page SEO) in the first edition of CWS was really not that good. I felt that they could have done a better job at explaining how the SEO process works rather than pushing their linkbuilding service (ArticleMarketingAutomation.com).
I think I understand the point they were trying to make with their self promotion because results are actually much quicker when you automate linkbuilding through article syndication and overall it makes your life easier. But I believe it’s also critical for a beginner to first approach linkbuilding manually and rank webpages using free techniques. When you can achieve first page rankings manually then that’s the time to consider automating the process because using tools is not going to be that effective when you don’t know how to use them.
The good news is that Consumer Wealth System 2.0 has tremendously improved their traffic generation and SEO section. It starts off with a video explaining how Google works and this will help you to realize how simple it is to rank high in Google if you give them what they want. Next video is a discussion about the important on-page SEO factors. This is basically the things that you can improve in your webpage so Google will have an idea on what it’s all about.
Of course you will also learn about off-page SEO or the process of building backlinks to the webpage you’re trying to rank. This is very essential for the complete beginner and someone who’s been at it for a while with little to no results when it comes to first page rankings.
Take note that you’re not going to learn any revolutionary linkbuilding techniques here. What you’re going to learn are the linkbuilding fundamentals for long term success and your top 3 link sources would be site directories, article marketing and blog networks. In my experience, article marketing and blog networks are the ones that have really helped me in achieving top rankings.
This is the part where I should tell you about the negatives but it’s really hard to find some huge cons with the Consumer Wealth System 2.0. The biggest concern back in their first edition was the lack of SEO education and their aggressive promotion of their article syndication service, ArticleMarketingAutomation.com. As I’ve said earlier, they have done some massive improvements with regards to the traffic generation and SEO section. So in my opinion, this negative in their first edition was all taken care of.
However, in this second version, it would be more ideal if the course was also available in written format (ebook) since everything is in video. Good thing there’s an option to download the audio and the iPod video format so you don’t have to wait for every video to buffer especially if you have a slow Internet connection.
My Verdict on Consumer Wealth System
In my opinion, Consumer Wealth System 2.0 gets my full recommendation when it comes to getting started with affiliate marketing. I’ve recommended them in the past when their first version came out but after seeing the improvements in their second version, this is going to be one of the top courses in my list.
Another reason why I believe that Consumer Wealth System is giving a ton of value is the price of their course. Video based courses tend to be a lot more expensive ($70 or more) but that’s not the case with CWS 2.0. I just couldn’t believe it when I got inside their members section because the quality of information in relation with the price is truly outstanding and something that other courses should imitate.
That’s why I would like to take this opportunity to say thank you to Daniel Turner and Marc Lindsay. Thank you for releasing Consumer Wealth System. Thank you for the consistent improvement and for over delivering with this updated version. Thanks guys!
Now as much as I like CWS, I would still strongly recommend you check out Wealthy Affiliate for free. Click here to learn more