No Cost Income Stream claims you can make money without putting in any money. Is this true? Read this review:
No Cost Income Stream in a nutshell:
It’s a program designed by Eric Holmlund and 2 other marketers. The program basically explains SEO & affiliate marketing and covers many ways to succeed through it.
You can apply this training to earn money by promoting other people’s products or you can even use it for your own personal online business.
For those who don’t know, SEO is a form of online marketing in which you create a website and get visitors (traffic) to it. The benefits of SEO are that it’s free which does give credibility to the No Cost Income Stream. But at the same time, SEO takes time to see results.
I can speak for SEO truly being a way to get traffic without paying money as am one who does that. The question for me when looking at this program was seeing if the training in it matched the great training I got from this alternative program that made me a master at it.
What is good about this program:
There is a lot of valuable training, most of which deals with SEO and Email Marketing. There are 26 training modules inside the members area covering various ways to:
Create a website. You’ll be starting off by focusing on a niche topic. This will be the foundation of your website.
Have the website appear on search engines. This is done through keyword research. Through every niche is an audience looking for information on that niche. Whenever they type something into search engines, that is called a keyword.
Many keyword approaches are outdated nowadays so if you’re going to find profitable keywords for your niche, you need to use an updated tutorial.
Getting traffic to your website: This is where a large majority of the training will focus on. You will use methods of marketing through:
- Social networks
- Article directories.
- Other tactics such as leaving comments with links back to your website, backlinks, ect…
However in spite of there being so many ways to get traffic to your website, this leads me into the next, very important section of the review…
What’s is not good about the program:
A lot of the traffic generation methods this program suggests are:
Outdated. They recommend article directories for instance. Using article directories doesn’t work nearly as well as it used it. In fact in many ways it’s a waste of time. You’re better off writing content on your OWN website and centralizing everything there.
Backlinking. It’s a form of marketing where you provide a link back to your website in hopes of receiving what’s known as “link juice”. This tactic is also very outdated and can actually destroy your website’s credibility with Google causing what’s known as the Google slap to occur in which your site will lose all it’s rankings and with that profits.
I’ve seen firsthand what using backlinks can do to a website. It’s not pretty. In this program things such as guest blogging are recommended and leaving links back to your website on popular pages. This stuff just doesn’t work anymore and will hurt your website more than help it.
While there’s 2 categories I’ve broken this down to, there are a lot of strategies recommended within this program that really come down to the above 2 issues. Yes there are also some good strategies suggested such as writing content which is actually the #1 most important thing you can do, but if so much of this program’s strategies no longer work, what is the point of investing money into it? There are WAY better and updated alternatives like this place.
There are up-sells. The program costs $17 the last time I checked, but this is really a hook to get you in. Then they’ll offer you various up-sells which they will sugar coat to make it sound like you need it.
My rule of up-sells is always the same: Never buy them unless you see what is recommended in the regular program actually works. And even then I still recommend staying away from it.
Pros:
- A lot of decent training.
- You can really make money without investing money, although it does take time to succeed.
Cons:
- Many traffic generation methods are outdated and actually bad SEO policy.
- Up-sells.
Final Rating: No Cost Income Stream
Yellow Light (Caution)
3 out of 10 stars. Some of it can still work, but overall, a lot of methods that are risky and useless. You need updated information to succeed online. Here’s my #1 recommendation for that.
Final Thoughts:
Had this been 2011, I MIGHT have endorsed this program (still voted against the up-sells & using backlinks though). But it’s 2014, the internet has evolved and so have the ways to succeed within it. Things are shifting away using many of the methods the No Cost Income Stream program recommends for traffic generation and more towards user content that helps them.
And while the program does endorse a policy of helping people, the fact that most of it’s techniques just don’t work this day n age is the main reason I will not be recommending it. It is absolutely possible to create and run a successful online business without investing money into it, but at the same time, the catch is that it will take time to see success.
That’s just the way it works when it comes to online marketing. How long can it take to see results? The answer is it depends. With SEO, results accumulate, meaning in time more and more visitors will come to your website. It’s just not something that you get into and one day, tons of visitors are coming to your website.
It can be days, weeks and even months until you see your first visitors coming through, but if you keep building out your website using proper guidance, those numbers will rise. Like any business, the work you put into it will bring back results and this will take time. You have to be prepared to be in it for the long haul if you want to see the big results.
I hope this review has been helpful to you and if you have any questions, I’d love to hear them.