Our Wood Profits Review looks at the business opportunity available on the Internet for people looking to start their own woodworking business.
Here are the basics…
- Name: Wood Profits
- Website: https://www.WoodProfits.com/
- Price: $37 plus down and upsells that come after membership
- Owners: Jim Morgan
- Overall Rank: 95 out of 100
If there ever were a niche business opportunity, Wood Profits would be it. That is one of the big things being taught online when it comes to starting your own business.
If possible, choose a niche you have a passion for. If you get into something you know about or are an expert in those same lines.
Why do Wood Profits fall into one or more of these?
Wood Profits Product Overview
What Wood Profits markets are, a 53-page guidebook that helps people start their own woodworking shop for less than $1,000 and with no experience. Their landing page goes into the hype, letting you know that you do not have to be a good woodworker to start this business.
The owner, Jim Morgan, says he perfected the technique in 1994 and launched his business selling his secrets in 2012. Since then, Wood Profit has been marketing this guide, helping others to start their own woodworking business.
For a low $37 price tag, there are huge upsells that come later; you can do the same thing as Jim Morgan and make $90,000 to 150,000 dollars a year. Of course, anyone can throw figures out like these, but it does point out that the woodworking niche is a very profitable one if you know what you are doing.
Wood Profits Review: The Good & the Bad
I’ve been doing Internet marketing long enough to know nothing is perfect, and often things are not as bad as they seem either. This is true for Wood Profits as well.
- There is training available
- 60-day money-back guarantee
- Helps people get their sales up
- Easy to follow woodworking strategies
- Pay to play
- More up and down sells to pay for
- Fake testimonials
- Wood Profits Scam according to Affiliate Networks.
- False citations concerning news outlets
If you choose to buy Wood Profits, you will be able to make your own determination. When it comes to online eBooks, people often buy them and forget about them. Those that actually put into practice what they are being taught benefit the most!
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Who is Wood Profits For?
Some people think that Wood Profits is better for more experienced woodworkers who already have their shops up and running. The reason for that is because the guide is supposed to help boost sales and gives easy-to-follow instructions.
If the program works, Wood Profits is for those men and women who like to work with their hands, like working with wood and want to start their own business. Getting a motivational start helps a lot of people take that first step in being their own boss.
Of course, those who try this program will need to be patient and dedicated as it may take a little time to get your new business off the ground.
I suspect you need to be a little technically oriented for this to work for you. At the very least, you need to hire someone who is and has some management skills if you do.
Wood Profits Review: Tools & Training
This is one of the more positive aspects we found about this company. Not only does Wood Profits give you training, but they also do it in 2 ways. First, you get written instruction, and second, you get audiotapes or tapes with legitimate training information as content.
That means the owner of this company does provide some legitimacy to this business and helps people get prepared to do woodworking. You are paying 37 dollars for the book, so it better come with some good information.
The upsells you are asked to purchase after signing up provide more advanced information you can use in your new business. So you are not left at the beginning stages of this new woodworking enterprise. You do get some help and some useful information to use.
Wood Profits Review: What Do You Learn?
Before you buy, you want to know what you are getting. More specifically, what will you learn?
1. Instructions. For starters, you are given step-by-step instructions like a blueprint to follow.
You will learn how to make money selling crafts and wood projects. If you need ideas on what is making money and what is not, you will get them.
2. Business Costs. You will also learn how to literally start a business of your own for less than $1,000. Does that seem like a lot to you?
You are getting a business model with instructions. If you were to start a Mcdonald’s, you would spend over 1 Million Dollars. I understand these are different models, but it does present costs to see $1k is low.
3. Internet marketing methods. The sales page for Wood Profits says little-known marketing methods.
I guess these are little known to you, but not to people who do affiliate marketing for a living. However, learning how to market beyond word of mouth is important in today’s economy.
4. high-margin niche crafts. Would it be important to know niches to get into that are easier to sell in than others?
Wood Profits teaches these profitable easy to sell in niches. High margins mean your costs are low compared to the market price you can sell in.
Wood Profits Review: More Of What You Will Learn
5. How to get testimonials. This becomes a key thing as you begin to do work.
6. Where to save money. When you buy tools and materials for a job getting the best price possible can be the difference in turning a profit or not.
7. Case studies. I love this one because you will see people just like you making money with what they have learned from Wood Profits.
8. Outsourcing. This is also known as contracting out your work.
Perhaps the idea of having a woodworking business without doing the actual labour appeals to you. You will learn the best ways to get started doing that.
9. Legal advice. Let legal experts provide advice on licensing, taxes, setting your business up and so on. This is the part most of us do not care about but is very important.
And much more…..
Wood Profits Support
We had to go to the bottom of the page to find the support pages. A product support page has FAQs the owner wants you to read before contacting the company.
Then there is an order support page that takes you to Clickbank. That page asks if you need help with an order or to contact them directly. As for training to sell the book, there was no help.
There is an affiliate page giving those affiliate marketers wanting to market this product the affiliate links they need, but no real training is mentioned.
Wood Profits & Clickbank
The fact that it is a ClickBank-approved product is positive in my viewpoint as well. Affiliates are always looking for things to sell.
Getting into the woodworking niche is a very targeted niche. Making money selling an ebook that is already written makes it easier for you to get started.
If you are a Clickbank affiliate, all you do is insert your Hoplink id name into the Wood Profits URL, and you are ready to start selling.
Jim Morgan provides banners, images, PPC ads, keywords, email templates, and articles you can use to begin marketing right away from what I could see.
More On Affiliate Marketing
We have spent a little time establishing that woodworking is a good niche to get into. Let me mention why affiliate marketing is a good way to get into that niche, specifically with Wood Profits.
As an affiliate, you can earn commissions in a variety of ways. One of those is to sell a product.
Wood Profits is sold as an information product online, so the commission rate is a very healthy 75%.
You’re not going to reach this high commission structure or percentage when dealing with physical products. The Wood Profits project is an affiliate product that you sell that teaches the buyer how to make money in this specific niche.
Clickbank is great because they can get more into the specifics of selling with them as the affiliate merchant. You’re going to make additional money when you begin to make wood products, and you want to learn how to sell those, possibly even with your own affiliate program. Affiliate marketing is a great business model to be in, and a specific product that pays a high 75% commission is a great way for you to get started making money.
Wood Profits Review: Price
The cost of the guidebook is no secret. The company says that if you do not act right away, the price will go from $37 to $97 to $197 but generally, that never happens. The cost remains at the low $37 value.
After you purchase the initial guide, you are treated to further upsells offers. There are 3 of them, which go from $29.97 to $39.00 to $49.00. And if you take their $10 discount, you can save that money on the $39 and $49 offers.
There is a big recruitment page asking affiliate marketers to sign up and represent their products. The company pays about a 75% commission on the front end and about 50% on the back end, with a total of about $80 per sale.
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My Final Opinion of Wood Profits
If you are good with your hands and can make many creative woodworking products, you may enjoy starting your business and doing it the Wood Profit way. It does provide you with some legitimate information to help you get started and on the road to success.
Since you are not asked to recruit after signing up, Wood Profits is not a pyramid scheme, nor is it a scam. It is an affiliate product sold through the Clickbank affiliate network.
People do get the product they are paying for. If they didn’t, they would be scammed, according to the legal definition of the word scam.
Another good aspect is that you have 60 days in which you can get your money back. That means if you are not happy with your purchase, no harm, no foul. Your money is returned through Clickbank.
Wood Profits at a Glance
Learn some woodworking techniques
Get guidance to start your own woodworking company
You are paying for a guidebook
You are not signing up to sell or recruit other members
Its product is the book and some upsells
Works well with affiliate marketers
Wood Profits Review: Summary
Wood Profits exists to give you a hand in starting your own woodworking company. It provides a little guidebook that you can pick up for $37 to help you get started on your path to success.
Be prepared to spend more money as more advanced training is found in the 3 upsell offers available after you become a member. The good news is at least you get some training.
A support page and a contact form are on their website, so if you need extra help, you can read the FAQs or contact the company directly. There is a ticket page if you need more detailed help.
Get into affiliate marketing if you want to make money selling the guide to other potential woodworkers.
This is a way to expand beyond earning on wood projects and crafts you make. It gives you another income stream.
Join An Affiliate University
Becoming an Affiliate Marketer should be your main concern. Once to get the knowledge and have the ability to create your own website, then you would be able to market any product you desire, whether that product stays on the market or not.
The path to riches is controlled products, and what you do not want is a product that is here today and gone tomorrow. Fill in yourself knowing Affiliate marketing and promoting products from big companies like Amazon and Commission junction etc.
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