Is Parallel Profits Worth It?
The premise of this review is to dissect Aidan Booth and Steve Clayton’s Parallel Profits business model and whether or not it’s something you should consider as an online business solution.
What Is Parallel Profits
Parallel Profits is a business model that claims to help individuals generate a full time income working from home. The general idea is a full fledged online business model with 3 main actionable steps that aim to reduce the common road blocks people have when trying to start a business. Parallel Profits JV is the focus.
Such as profit margins, amount of time to get up and running, competition, and market saturation.
If we go back to the profit margin example, how often have you seen or heard someone claiming to make 1 million dollars in sales? While that may say sound impressive, what is the actual profit margin?
Lets say someone is selling physical products and does in fact do 1 million dollars in sales with 100k as their profit. Well, that’s only a 10% profit margin and really isn’t that impressive.
Aidan and Steve claim that their business model has an average 70% profit margin allowing individuals to maximize their online business to the highest level.
While this sounds all well and good, are these just pumped up numbers to get consumers to bite on their business opportunity?
In order to get a better understanding whether or not you should continue reading, let’s discuss some of Aidan and Steve’s past product launches and business solution figures.
If you want to skip the reading & watch a simple video with the highlights of Parallel Profits then click below:
The Data To Drive Decisions
From the data available Aidan & Steve have generated over 34 million dollars in sales for online training programs in the last four years alone. More impressive is the low refund rate of 17% with high ticket offers. A quick overview of the sales figures from the last 4 years: Parallel Profits is a OTO (one time offer) for now.
2015 ≈ 5 million in sales
2016 ≈ 9 million in sales
2017 ≈ 9.2 million in sales
2018 ≈ 11.2 million in sales
If we use the numbers and figures alone we can easily see that there is a steady increase in sales over the 4 years leading us to believe that 2019 will follow the trend accordingly.
We understand that these numbers alone don’t speak for the overall quality of the soon to be released Parallel Profits and that there are various other factors to consider. However, they help to give a general idea of the growth of the company.
Combine this with their low refund rate of 17% and we can begin to gather that these are serious training courses with high customer satisfaction.
For this launch of Parallel Profits you’ll notice a common theme in any of the content you review. And that is their “Make $100,000 Profit Per Year With Just 7 Sale Or Less” statement.
It’s definitely an attractive statement and gets you thinking, but is it practical or is it just hype. We can’t say with absolute certainty one way or the other as Parallel Profits hasn’t been fully released yet and is set to launch in late January of 2019.
If we had to guess, we would say that there is some pretty valuable information inside Parallel Profits that could be valuable for those looking to get serious with an online business. Parallel Profits Product Creator helps speed things up.
However, Parallel Profits comes with a hefty price tag and those that aren’t wanting to make a big commitment to a home based business model should stray away from the training.
The projected price tag of Parallel Profits is $2,497 one time offer or a 3 month $997 payment option. Obviously, there is a slight price reduction for the one time offer of a few hundred dollars for those looking to take immediate action.
*IMPORTANT– there is a 60 day refund policy in place.See For Yourself
What You’ll Learn
Now that we have a better idea of who the individuals behind Parallel Profits are and their tract record, let’s take a closer look at the actual model they’ll be covering. Parallel Profits Discount is undetermined.
In short, it’s providing online services to local businesses. This can range from helping small business owners get more search traffic and show up higher in the search rankings, such as Google. Also known as SEO (search engine optimization).
Additionally, refining small business owners social media presence to gain more exposure and improving their overall web presence to draw in more clients or customers.
At the end of the day, the model is based on getting local business owners what they want, more clients. More clients, equals more revenue, which equals more profit for the marketer.
I’ve Seen This Before, How is It Different?
By no means is doing client work a new business model and isn’t the deciding factor that makes Parallel Profit unique. There are a few key twists that they claim set them apart from other models.
#1 Those that partner with Parallel Profits will become part of a franchise
So what does that mean? If you sign up for the Parallel Profits training system you won’t have to worry about creating a brand, worry about setting up a website, or getting your own domain.
Also, you won’t need to acquire marketing materials or become a master copywriter because Parallel Profits will set it up automatically so you can quickly begin making sales. Parallel Profits has Affiliate opportunity.
#2 No Outsourcing Necessary
Once a Parallel Profit’s student locks in a client, (small business), they won’t need to outsource the marketing work for the client. How is this possible? Because there will be a team behind those that are part of Parallel Profits to do the work. Remember the franchise part?
In doing this, it cuts down on a students learning curve and allows them get to “profiting” quickly.
#3 No face to face interaction or selling
What that means is Parallel Profits has put in place a client capture system that funnels prospective clients through different lead generation systems in order to increase the percentage of closed deals students generate.
In a nutshell, there is a lot of automation and hand holding going on to give people the best chance at being profitable in the shortest amount of time.
However, if you’re not interested in having Parallel Profits do the heavy lifting because you’re concerned about them cutting into your overall business, there is an additional option.
They claim that they will teach the entire business model, taking themselves out of the equation, that way people can go at it alone without any other outside interference.
At the time of writing this Parallel Profits is set to begin their launch on January 23rd and will only be available for a handful of days before they close their doors.
We understand that all of this sounds very exciting and that you may still have some doubts about the overall scope of Parallel Profits.
If you’re interested in a comprehensive breakdown of everything Parallel Profits has to offer we recommend you go to directly to the source, sign up for their FREE WEBINAR and grab some of their FREE bonuses which include:
1. The 3 Step Blueprint For Building a $100,000 Profit Business With Just 7 Sales Or Less (50 page book)
2. MindMap Aidan & Steve’s MindMap is an infographic mapping out the strategy used in Parallel Profits to go from zero to $100,000.
3. The Workshop ($5000 cash over the 4 calls for attending the webinar)
4. Paid To LearnGet In Parallel Profits FREE WEBINAR (Limited Spots)