Product: Pennies 4 Profits
Overall Ranking: 10 out of 100 or 0.5/5 stars
Price: one-time $30 fee to set up your account and then $30 per month
Owner: unknown
Website: http://www.pennies4profits.com/
When you have an online business, sometimes finding new customers or potential clients can be difficult. You may dedicate most of your time and energy to producing new content, and you may not have the time to spare or the knowledge to produce leads.
That is where a sales lead generation service, like Pennies 4 Profits (P4P), might step in, to provide you with some much-needed leads.
This sounds good, but do they supply quality leads or unqualified leads. In this review, we will see if these leads for pennies are worth the money or if this is another site selling useless leads.
What is Pennies 4 Profits?
This is a company that provides leads in return for a monthly payment. In short, you are furnished with the first name, last name, email address, IP address and a fresh factor date for each of your leads. The fresh factor date is just to prove the leads have been obtained recently.
The leads are meant to be targeted towards online business opportunities and internet marketing.
Who is this for?
This is for anyone who has an online business promoting money making opportunities and needs more leads, which will hopefully lead to more sales.
Penny 4 Profits provides you with a list of 100 real people every day, who you can then contact to try and sell a product you are promoting.
What you get
You receive 100 leads a day, you can download your list of leads and use them how you like. You are also able to import the leads into the CAN-SPAM compliant mailer that is provided and contact them once every 24 hours. In addition, you are provided with statistics on the open rates.
However, most comments that you find say the open rates are higher than normal, but no sales, which makes you wonder about the quality of the leads.
Is buying leads a good idea?
In my opinion, it’s not a good idea for the following reasons. Some internet marketers may think that buying leads is a good way to get some quick business. But purchasing a list of names that haven’t opted in to receive any information from you, isn’t the same thing as having real leads.
Real leads will already have visited, interacted with your site or expressed interest in a product you are promoting.
In contrast, the leads you are buying, have probably never heard of your company, website or even the products you are promoting. In addition, you risk harming your reputation, your emails risk getting stuck in spam filters.
This, in turn, may cause problems for your legitimate emails to get delivered to people’s inboxes in the future. P4P does say they have a Can-Spam compliant mailer, which just means they are allowed to spam people. The same spam emails we receive every day!
Unless the leads are really targeted you will waste both your time and money. With the leads from companies like Pennies 4 Profits, you will be attempting to sell to people who have no interest in the products you are promoting.
Buying leads may provide a quick fix, if you are very lucky, for a few extra sales, however, we should remember the affiliate marketing is a long-term relationship with your visitors, building trust and confidence, which takes work and time.
Are the leads from Pennies 4 Profits good quality?
The honest answer is I don’t know. I am not willing to give my credit card details to a company like this. Consequently, I can only base my review on the many complaints I have found online, which suggest the leads you are buying here aren’t good at all.
Furthermore, I would like to see a trial period, so you can judge to see if the leads you are buying here are good quality. Of course, that doesn’t exist, they give you a 24 hour grace period, where you can ask for your money back.
How can you form an opinion in 24 hours? You can’t, this is another reason not to get involved with this company.
Lead generation companies often pay people to fill out their information. So you can see leads like this have virtually no value. People who are willing to give their personal information probably just do it for the money and nothing else. They have absolutely no interest in buying something from you and probably won’t even open your email. As you can see in the image P4P don’t give any details of where their leads come from or how they acquire them.
If these leads are of good quality would they sell them for just a penny and how can they find 100 quality leads per day per customer?
Obvious scam signs
No owner specified
This is another program where the owner doesn’t make themselves known, although I have read elsewhere that the owner is TimTech, a company that specializes in lead generation, with sites such as clicktrackprofit.com or doctortraffic.com. Having looked at the privacy policy of one of their programs, there are strange similarities, so perhaps TimTech are the owners. They were previously involved in NerdBux, a paid to click site that stopped paying.
Just to confuse matters further there is also mention of Prospect Flow USA as being the copyright holder and they are also meant to be a lead marketing and research group. Strange, but it’s impossible to find any information at all on this company. Another mystery!
You shouldn’t join any program where the owners aren’t willing to make themselves known, this suggests they have something to hide.
Pressure tactics
P4P wants you to believe there are only limited places left at this price. I returned to the site several times on different days and it was always 11 memberships left. Then, even more laughable, they expect you believe the price is going to increase to $1299 per year when these 11 memberships have been taken up.
Very little information
The lack of information is another point many scam sites have in common, and this is no exception. You have the sales video that just tells you how good their leads are and then there are a few questions, that you see on the right of this post and that’s it. No details about how they get these leads, no details about their mailer or anything else that might be helpful.
Support
If you need help, you will have to put in a ticket, there is no phone number. They do have what they call a knowledge base, with 5 questions! The answers are exactly the same as in the Q boxes you can see above, so this is of absolutely no help at all.
How much does this cost?
There is a one-time setup fee of $30 and then $30 a month. Which means your first payment will be $60 and then $30 per month after. For this fee you receive your 100 leads per day, there is no guarantee, just a grace period of 24 hours where you can ask for a refund by contacting the support desk. If you wish to cancel after this initial period you must contact the support desk at least 24 hours before the next recurring payment is due.
What are their customers saying?
As usual with these sorts of programs, you find a few positive reviews online from affiliate marketers who are promoting this scheme and I’m sure it’s easier to make money promoting P4P than it is getting the leads to buy your products.
There are complaints about the quality of the leads and in general, a total lack of sales as you can see below.
Better ways of obtaining leads
If you have your own website this can be your best way of getting leads, a website is like other forms of advertising.
So here are a few things to consider if you hope to generate leads from your website.
- Update your blog regularly
- Produce great content
- Easy navigation – make sure your readers can find your most important content
- SEO – get your blog or site to the top positions in the search engines
- Use social media – if used correctly, can generate quality leads
- Calls to action are important
- Create a list – entice your readers to sign up to your list
- Use Pay Per Click ads
These methods may not be as rapid as buying good quality leads (except PPC) and it’s a lot more work. Nevertheless, once everything is set up the leads will come, you won’t have to spend money to get these leads and they will be high quality, as they are already visitors of your site and interested in what you are writing about. So don’t bother paying for leads, work hard and be patient.
Final opinion
If you are thinking about buying leads from Pennies4Profits, it probably means you have a website that isn’t getting many visitors and you aren’t making many, if any sales. Assuming that this is your case, I would urge you to be patient and build out your website by adding content regularly. Use social media to promote your articles and improve your SEO.
These are free ways of increasing traffic to your site and in my mind, this is a much better idea than paying for low-quality leads that probably won’t get you any sales. Yes, this is hard work and takes time, but if you are always looking for the easy solutions, unfortunately, you aren’t likely to succeed with your online business.
Don’t be taken in by the P4P sales pitch, which plays on your emotions, creating hope that you have finally found something that can help you. The positive testimonials or reviews are from affiliates, don’t believe that this program will provide you with any extra sales.
Verdict: Not recommended
As I said previously, it’s better to find free solutions that will continue to get you leads over a long period. If you don’t know how to do this, you can find an online training program that will teach you. I found a program that taught me how to achieve good search engine positions, write content with calls to action and how to use the social media. One of the great advantages of this program is that they have a FREE trial, which means you have a week to look around and see if the program would be useful to you.
The program is called Wealthy Affiliate, and they don’t promise that you will make money or anything else. They provide awesome step by step training which, if you follow and take action, you will succeed in building an online business that earns money. I’m speaking from my own experience. Below is a chart showing what is included at Wealthy Affiliate compared to P4P.
If you have any comments, questions or have had some experience with Pennies 4 Profits I would love to hear what you think.
Thanks,
Peter
I Disagree we everyone who puts down pennies for profit. Sure you don’t know anyone one of those 3000 prospects. that’s kinda the point. So, why not pitch them all the same pitch. those that respond are the ones you engage period. And Remember, target marketing requires the same efforts. Even if you have what anyone that comes to your site/ capture page may want, you still don’t know who they are until they opt-in, and then you have to follow up. I’ve never use Pennies 4 profits1 but, i’m sure its worthy. Plus don’t forget: You just obtained 3000 potential customers long term or short, and guess what, if the like what you offer, they know others that might like what you offer as well, which equates to more leads & Sales. Every effort takes time. You guys are to cynical! If you never tried it how would you know. Find out for yourself and in business like investing you should always plan/play for the long term
Hi Donn,
Thanks for your comment. I agree you should plan for the long term but I think the question is where do Pennies 4 Profit get their leads. 3000 leads might be great but if no one clicks on your links or makes a purchase it’s not very helpful. You’re sending out emails for nothing and wasting the money you pay for the leads. Judging from the comments I found online, the links seem to be of very low quality. When someone has 33,000 leads a 20% open rate but no sales or even clicks on their links there’s a problem.
All the best,
Peter
This is a really great review on Pennies4Profits. I think building your own list in the natural way is the only way to go. Purchasing leads won’t get you far. It will even put your own reputation at risk!
Thanks Jerry. The problem with these leads is that they have absolutely no interest in what you’re selling. You only have to look at some of the complaints online from people getting no clicks on the links in the 100s of emails they’re sending every day.
I much prefer organic traffic from the search engines or even traffic from adverts. These leads will only visit your website if they are interested in what you’re promoting.
Cheers,
Peter
I have only one question if I’m allowed to contribute to this discussion:
Why is it always some affiliate associated with Wealthy Affiliate program posting negative reviews about almost every other affiliate product and boosting the Wealthy Affiliate product as the option of choice?
I see this practice happening all over the internet for some time now so is this how affiliates are trained by the Wealthy Affiliate system?
Mind you, I have no association with Pennies4Profit but Pennies4Profit is not the only product that the negative spotlight heat has been put on as there have been countless others as Wealthy Affiliates members rage a war on all competitors product out there while trying to build momentum for their overly priced $47 per month for information you can get for free if you make the effort to get the research done on your own.
Guys you need a different approach as am sure from time to time you might be very well beating down a product that is owned by some other affiliate paying the $47 per month to Wealthy Affiliate just the same way you are.
The way reviews are posted online by Wealthy Affiliate affiliates is not the emotionally intelligent way of marketing as you will never find lawyers killing lawyers, doctors killing doctors so why should internet marketers be killing internet marketers?
Yes, you are welcome to join the discussion. I can’t speak for other affiliates of Wealthy Affiliate but I try to save my readers from dodgy programs. If I feel a product doesn’t give value for money or is a scam I try to guide them to the free trial at Wealthy Affiliate so they can try the program for a week to see if it’s a good fit for them. If they like it great if not they’ve lost nothing but a little time and they might have learned something!
There are a lot of reviewers “beating down” other programs and undoubtedly some Wealthy Affiliate affiliates don’t look into other programs thoroughly and don’t give an honest opinion. But with the many scams around many WA affiliates do a good job of averting the public to the dangers online, regardless of whether they join WA or not.
Thanks for the comment,
Peter
Hi Peter,
Great review on pennies4click…just a quick one! What do you think of DoctorTraffic.net. Do you think its worth investing in buying their traffic??
Hi Tom,
Sorry about the delay in replying. I don’t know about DoctorTraffic.net just had a look at their website and see they have been in business since 2003 which is a good sign. In general, I’m not a fan of cheap traffic but the best way to find out is to try a small pack and see what results you get. I prefer to build organic traffic by writing articles that rank in the search engines. It takes times but doesn’t cost anything!
If you do try DoctorTraffic let us know your results.
Thanks,
Peter
Very good review on Pennies4profits. I know in the first hand that this is not something I should really look into but just curious so I visited your blog. Thanks for sharing this.
You’re right, stay away from these leads. Try to build your site to get organic traffic. It may take time but it will pay off in the long run.
Hey Peter,
When you look at paying for leads for something like real estate or mortgage lending, these are somewhat warm leads, maybe they don’t qualify in the end, but if you’re paying for them and the return on investment is good, then it’s a winner.
So I would think the same thing would apply for people selling make money online products, but I would doubt you can call them, try to talk to them and explain your system or product, just an email from someone they don’t know. Seems like a pretty cold lead.
Now compare this with generating traffic and building confidence with your niche audience by helping them, you’ll establish trust and then recommend helpful products that, of course, you sell.
This is a much more logic process to approach a sale in my mind. Getting content ranked based on what people are already looking for. A much easier apporach.
Thanks for your review of Pennies 4 profits, they came on my radar and I’m glad I didn’t need to spend any more money checking out this program.
Cheers,
Todd
Hi Todd,
Yeah, I agree with you, basically it all depends on the quality of the leads. When the leads are interested in what you are selling, maybe some will convert, that’s great. But, with this company you have absolutely no idea where they come from and judging from the comments of their clients these leads don’t convert. So you are wasting your money buying cold or low quality leads. Building traffic naturally by creating good content and getting ranked in the search engines is for me the best way to proceed. This may take time and hard work, but in the long term will produce results.
Thanks again for your comment Todd,
Peter
Hi, this is a very interesting article, first time to hear about P4P. Very strange from many aspects. So in fact you do not know with whom you are dealing. This is one reason for me to make distance. You rightly write that it may be pointless to pay for a list of names that haven’t opted in to receive any information from you. I wonder is it then cheaper to do some PPC campaign and deal with people who actually do search for your product. Many thanks for this article, I learned new stuff.
Hi Jovo,
Not knowing who is behind a program seems to happen very often with these low quality or scam programs and when this happens I think it’s best to steer clear. Paying for a list of names who have no interest in what you are promoting or writing about on your site, seems pretty worthless. For me, whether PPC is cheaper or not isn’t really important, what I want is visitors who are interested in the subject of my site. If I get quality leads I am willing to pay and I am sure they will cost more than the penny leads you get here.
Thanks for your visit,
Peter
Hi Peter:
Thank you for your review on Pennies for Profit. I had heard of this program and was not sure what it was, but now I have a much better idea. It sounds like a complete scam for sure. It sounds like it is a waste of time too. I have heard that all paid traffic sites are a scam. What do you think?
I like your comparison chart with Wealthy Affiliate and I agree Wealthy Affiliate is a much better way to go. You know you the owners are, unlike Pennies for Profit, no one wants to claim ownership of them. Makes you wonder.
Great review!
Hi Stephanie,
You’re right, not worth getting involved with this program. I don’t know if all paid traffic sites are a scam, but getting what is supposed to be targeted traffic for pennies must be a scam. How is it possible for companies like Pennies4Profits to get 100 good quality leads everyday for all their members. I don’t think it can be done. If you’re willing to spend money to get traffic to your site I would try PPC.
I think it’s a much better idea to learn how to get organic traffic and Wealthy Affiliate offers the best training I know for this.
Thanks for your feedback,
Peter
Hello Peter,
I have never heard of Pennies 4 Profit, and the information on this page is very helpful.
You covered all the bases as far as customer support and what other people say about it. It is definitely not worth the cost, so I will make sure to let people know it’s not a good investment.
Thanks for sharing!
Hi Karissa,
At least you now know that this is not a program to be trusted. It’s certainly not worth paying for this program because as we can see from the comments the leads you get here don’t produce any sales or even any clicks. A complete waste of time and money! I think it’s a much better idea to spend your time building your site the correct way to obtain organic traffic.
All the best,
Peter