There’s a new product released recently and it’s called Arbitrage Underdog 5.0 and I thought I’d write a review about it to see if it’s worth your while to buy it or not.
If you’re searching how to make money online, you will come across many products that are not good but there are some that may work out, however, most are really just a waste of time and money.
In my Arbitrage Underdog 5.0 review, you will see the following:
- What Is Arbitrage Underdog 5.0?
- Price and Upsells
- Does It Really Work? 5 Things To Watch Out For
- What’s A Better Way To Make Money Online?
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WHAT IS ARBITRAGE UNDERDOG 5.0?
Product Name: Arbitrage Underdog 5.0
Website: Click This Link Here
Price: $27 plus Upsells
Owners: Tom E & Chad Rego
Arbitrage is a method that you use to make a profit from the difference in price of a simultaneous purchase and sale of a product or service.
Arbitrage Underdog 5.0 takes this old idea online with a software that will provide leads for you to make arbitrage happen.
The software that it comes with runs on Windows, and it pulls ads from Craigslist on the left side of the screen and then other side of the screen, the software will pull gigs from Fiverr that can complete the jobs listed on the left side.
You are essentially finding ads in Craigslist for people looking for product or service they want done like getting a logo designed. People usually pay $75 – $300 for logo designs.
Then you’ll find people on Fiverr who can make logos for $5, essentially pocketing $70 or more.
In theory, this sounds really easy and great since you don’t have to do much work and I believe this could work, but you need to co-ordinate the two parties while not letting either of them know about each other.
You will also have to convince the buying client to take you on while ensuring and vetting the person on Fiverr to do a great job.
The better you negotiate, the better your profits will be. But, if you don’t like negotiating, this may not be for you.
PRICE AND UPSELLS
The cost of Arbitrage Underdog 5.0 at the time of this post is $27.
That comes with the software which is Windows based, so if you’re on a Mac, you’ll need a virtual server where you can install Windows on and then this software.
This product also comes with video training to show you how to do everything and use the bot service. You’ll also have training to see how to make money with it.
I’m surprised to only see one upsell, amazing! Usually there are like 3 or 4.
The only upsell is to upgrade the software to the Black Label Edition for $37. This upsell will allow for more functionalities in the bot service such as:
- Thousands of leads instead of hundreds;
- Searches several countries simultaneously;
- Prevents duplicate emails;
- Pulls leads from several platforms, not just Craigslist; and
- Runs 50 times faster than the regular version.
The upsell sounds like a good upgrade but you will only need to search several countries if people are willing to pay you in US dollars via PayPal. There’s usually a fee for international money transfers on PayPal, so you may lose some money to fees here.
DOES IT REALLY WORK? 5 THINGS TO WATCH OUT FOR
Yes, of course this will work, it’s arbitrage which it’s a method that’s been around for a very long time and has been used in many different ways.
However, the product, Arbitrage Underdog 5.0, here has a few flaws and I’ll point them out to you:
1) RESPONDING TO CRAIGSLIST ADS
If you don’t already have sample work of your past clients, it’ll be hard to sell to these people that you can do the job since you have nothing to show them.
You also won’t look professional if you don’t already have a website for your business as every business nowadays at least has some kind of online presence.
2) QUALITY OF FIVERR
The quality of work done at Fiverr are sketchy. They aren’t always well done and you will need to vet a few artists or gigs before you find a quality worker.
Also, $5 is usually the lowest and most basic of services you can get nowadays for that amount. Most people have multiple packages with higher pricing to choose from so you may have to pay more for better quality of work.
Therefore, you may not make as much money as they claim you can.
3) ORGANIZATIONAL NIGHTMARE
You’ll have be responding to so many ads, unless you have a great tracking system, you may not be able to remember who you’ve responded to, who you haven’t and what’s been going on with a certain client.
Because you’ll have hundreds and even thousands of leads, you need to be careful where you respond, and keep things super organized or else you’ll forget which gig is for which Craigslist ad.
4) HARD TO SCALE
Because you’re the middle man, you’re not going to be able to scale this as you’re the only one that can do it. If you don’t do it, you don’t make money.
You’ll have to keep doing it to earn money, and you won’t be earning a passive income.
There’s only one of you, so there’s no scaling in this type of product or the way to earn money.
5) THIS INFO IS FREE ONLINE
You don’t need to buy this product to use this arbitrage method, you can just easily do this on your own without their software.
You can simply go on Craigslist’s website to search out someone looking for a logo to be done for them, and then go on Fiverr to look for someone who can do it for you.
People have been doing this for a long time, this product just makes it a bit easier as it pulls the search quicker for you in one place.
WHAT’S A BETTER WAY TO MAKE MONEY ONLINE?
A better way to make money online is building your own website so you can make passive income with it using affiliate marketing.
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If you have any questions regarding Arbitrage Underdog 5.0 or Wealthy Affiliate, please do not hesitate to leave comment below and I’ll get back to you right away! 🙂
Let’s make money online!