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
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
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.
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.
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.
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.