Arbitrage Conspiracy — this ain’t funny

Which is quite normal, coming from the alleged humor-banks here at Tiny Minds.

However, I’m on the trail of what I believe is either a ponzi scheme or at best, a very VERY expensive “educational” program currently raging all over the internet. This “program” is called “Arbitrage Conspiracy” and it involves the payment of thousands of dollars for a two-week “course” that teaches you how to sign up for Google AdWords and ClickBank (or their equivelents), set up a “landing site” and start collection zillions of dollars in affiliate marketing fees.

Now, I’m all for making money on the Internet, but a few hours surfing, or a trip to Barnes and Noble and around $40 bucks worth of books, can teach you all of that.

The founder of “Arbitrage Conspiracy” claims that he makes $50-100k per day through his efforts — but doesn’t reveal what percentage of that is in fees collected from his erstwhile students.

Please — if you know anything about this program, please email me or leave a comment on this post. I want to get to the bottom of this, as I know personally at least one person who is in the process  of being burned by these folks.

Dictionary.com defines arbitrage as “the process of arbitration — decision by arbitration”. Commonly in business, it means buying something “the simultaneous purchase and sale of the same securities, commodities, or foreign exchange in different markets to profit from unequal prices.”

What the hell does that have to do with affiliate marketing? And why is it a conspiracy?

Sphere: Related Content

32 Responses to “Arbitrage Conspiracy — this ain’t funny”

  • Arbitrage is (very simply stated) capitalizing on the different prices in two or more markets. Let’s say that you went to your neighbor’s garage sale and bought a handful of newly released, and very popular, DVDs, and you paid next to nothing. You then turn around and sell them on Ebay and make $8 profit on each one. You paid a low price for the product in one marketplace, then turned around and capitalized on the selling price, which you actually set in response to the market’s demand, in another market. Arbitrage isn’t super complicated, and it’s no conspiracy.

    What does arbitrage have to do with affiliate marketing? Well considering I got an email from Mr. Joel Comm (I’m on his list), promoting the “Arbitrage Conspiracy” I’d say two things. Joel makes a commission from those who sign up using his link (I supposed that was so obvious it didn’t need me pointing it out…)and secondly – the word “conspiracy” is good marketing. It’s the hook.

    I sincerely hope your friend is not being taken for a ride. The process of using arbitrage to build wealth is real and does work, but it’s important that the “student” is offered all the information they need to be successful. Not put on the hook and strung along.

  • That’s one reason I don’t get their use of the term “arbitrage” but it does sound fancy.

    From what I can devine, the “course” has nothing that a “student” couldn’t get from reading any of a wide variety of open sources about affiliate marketing, SEO, adwords, etc. Certainly nothing that would look to be worth $2000.

    The worst part is that the person in question is a total novice at the internet; they signed up for this thing not having a clue what Clickbank or SEO or any of it was.

    Can you say Madoff?

  • I’ve been reading a lot about this product over the last couple days.
    It deals with making money through CPA networks (cost per action) vs Cosst per sale like Clikcbank and other more typical affiliate networks.
    I’ve been impressed by some of the respectable names associated with it and promoting it.
    There is a free teleclass on Dec 23 that will of course be an infomercial designed to sell the product, but I plan to sit in on it at least for a bit to hear the low down.
    It could be another scam using reworked common knowledge, it could be amazing, or it coudl be somewhere in the middle…

  • I highly suspect it’s reworked common knowledge.

  • If anyone thought for a second that this junk was useful you need your head examined. Anyone making that kind of money would not reveal how, and that’s just to start. Any website with a sales page like that wreaks of a scam.

    Those people are only Gurus at ripping idiots off.

  • Mark:

    I bought the course. I don’t like the way things are run. It is not a 13 week course, but actually just a 12 day course or video presentation. If they say 12 weeks, then at least it has to be at least 60 days of video tutorial or presentation.

    I am contemplating of requesting a refund to this effect. I was just buying a “dream”, not a course. Much more, these facilitators may seem to be total impostors. They should reveal themselves, the very least.

    This is a conspiracy indeed!

  • Thanks for posting that, guys. I think the word needs to get out; like I said, I highly suspect this is just a very very savvy way to repackage and resell information and techniques that are available either on the web or at Barnes and Noble for a LOT less money.

  • I also bought the course and I do like the way things are run for the most part. I do believe that more content would be better, but how is this different than lets say, an online college course? I’ve attended online universities where each course costs over 1800 bucks. The last class I took…I never met the teacher, never spoke to him, and the class was based off a book that I bought at Amazon.com. There wasn’t new content everyday either. It was 10 weeks, where each week was based on a chapter or two from the book.

    As I stated in another post on this site, I’m sure much of the content is publicly available but there is a price to pay for that. First, how do you know if that content is valid, or if it a load of crap like lots of content on the web? Is it based on someones opinion or some research performed? I don’t have the time to weed through all the information out there for good info.This is why I purchased the Arbitrage Conspiracy course. I wanted to get the sites, tools, and information that the arbitrage team has proven to work. I want to know what works for them…not what works for someone making 100 or even 1000 a month. I believe to be successful, you need to model yourself after successful people.

    Oh, and Ryan…the reason the are sharing this information is because they are launching their own CPA network. Makes sense. Train an army of affiliates to be part of their CPA network and make sure they are GOOD at it and it means more money from them. Plus, they refer us to the affiliate networks and make a percentage. It’s a win-win. The more money we make, the more they make…without having to do as much. That’s the motivation and it makes sense in my mind.

  • Mark:

    Talking about an army of affiliates to be a part of their own CPA Network?? An army fighting against each other?
    What do you think? Could a battle be won in this way?

    I believe people have to rethink about this.

  • Well, Joshua; you sound convinced and perhaps it will work out. I sure hope you’ll follow up over the next couple of months and let us know if you’re still satisfied with what you learned and what you’re doing. I still think (based on personal knowledge of people who have joined this that have NO business starting an “internet business” due to their complete naivete about things Internet) that there may be a large degree of “noob mining” going on and that’s awful, to my way of thinking.

  • Miss Maggie:

    Henry, you are right about folks starting up a business who have no business to. But that’s not only true on the internet, however you can never say never and if folks have purchased the program and fail to complete it how can they know if it works or it doesn’t? The program has just begun week 9, there’s three more weeks plus a bonus week. The program is such that you can only complete one week at a time, so there’s no way anyone can claim they are at the end of it. But for all you grumpy groaners out there, you don’t know what you’re missing! It takes an investment of time, money, committment and stickability. I am a little old Cyber Granny and if it works for me it can work for anyone and it is, it’s working real well

  • Sam:

    Hey everyone this course is a big rip off. See some of the other blogs. Just Google the name and the word refund.

  • Well, I took the course, spent a pile of $ on clicks, and did not quite make back my ad spend in any given month.

    However, due to the tools I’ve added to my arsenal and the experience racked up in running ~200 PPC campaigns, I’m finding it pretty easy to dominate in local marketing and niches where there is not a lot of affiliate marketing traffic. I am beginning to make some good money running PPC for others and have generated quite a bit (far more than the course cost) through PPC from another pre-existing business I had.

    So…it was worth it for me.

  • mike:

    this course might be a scam. do more search

  • Strategic Marketing:

    well i guess thats interesting enough. could have used a little more thought though

    –Kimmy K
    ♠Strategic Marketing

  • nice job but I come across this blog looking for small other things. Probably that this page has visibility for a word that I’m sure doesn’t seem to be appropriate to the content I’m reading here

  • David:

    So this course is a rip off? I really need something to start me off. And Mark thats not funny How To Be Funny I think you should take notes

  • Mike:

    Powerful Information And Online Marketing Tools Available. Over A 1000 Articles With Keys To A Lot Of Your Questions.

  • Hey. I was thinking about adding a hyperlink back to your website since both of our websites are based mostly around the same topic.
    Would you prefer I link to you using your
    website address: http://www.tinyminds.net/2008/12/19/arbitrage-conspiracy-this-aint-funny/ or blog
    title: Arbitrage Conspiracy — this ain’t funny | TINY MINDS. Please let me know at your earliest convenience. Thanks!

  • What are you saying, man? I know everyones got their own view, but really? Listen, your web site is awesome. I like the energy you put into it, specifically with the vids and the pics. But, come on. Theres gotta be a better way to say this, a way that doesnt make it seem like everybody here is stupid!

  • I’m really enjoying the design and layout of your site. It’s a very easy
    on the eyes which makes it much more pleasant for me to come here and
    visit more often. Did you hire out a developer to create
    your theme? Exceptional work!

  • Why people still make use of to read news papers when in this technological world
    everything is existing on net?

  • Hi! I know this is kinda off topic but I was wondering
    which blog platform are you using for this website?
    I’m getting tired of WordPress because I’ve had
    issues with hackers and I’m looking at alternatives for another platform.
    I would be awesome if you could point me in the direction of a good platform.

  • Wow, this post is pleasant, my sister is analyzing such things, thus I am going to tell her.

    My weblog … expiates

  • Yes! Finally something about tham my vien.

  • Most of the hosting providers presents you predefined domain internet
    hosting deals and this is why you require to carry out a careful
    comparison of what each service supplier has in its kitty.

    Unquestionably you can still reveal the exact same added benefits as
    aforementioned plans. Mostly you can qualify for a discount from
    10% to 20% for ordering the package for 1 or 2 years.

  • For most recent information you have to pay a quick visit internet and on internet I
    found this site as a most excellent site for most up-to-date updates.

    My web-site :: what s the best carpet cleaner Victoria BC

  • Hello! I just wanted to ask if you ever have any issues with hackers?
    My last blog (wordpress) was hacked and I ended up losing
    many months of hard work due to no data backup. Do you have any solutions to prevent hackers?

  • What’s up to every one, because I am in fact keen of reading this
    web site’s post to be updated regularly. It consists of nice material.

  • I love reading an article that can make people think.
    Also, thank you for permitting me to comment!

  • Important things can be less complicated for those who decide on high quality tax debt guidance
    which often can reap some benefits for you to compensate your
    dues and turn into clear of tax debt. As Wise stole money from his clients intended for the payment of their tax obligations, he also continued billing them for his accounting services.
    Once the return is reviewed by someone who
    is knowledgeable in the field of the return, the accountant will either endorse the filed return as is, or put
    it aside for a complete tax audit.

  • I reɑlly like what you guys ɑгe ᥙp too. Tһis type of clever ԝork and reporting!

    Ꮶeep սρ tһe amazing workѕ guys I’ѵe you guys tо my own blogroll.

Leave a Reply

Comments links could be nofollow free.

    follow me on Twitter


    Previous Drivel
    Stuff and Such

    Bad Behavior has blocked 1172 access attempts in the last 7 days.