Are you wondering “is EB Formula a scam to avoid” or “can I make thousands of dollars with ebformula.com”?
If the answer is yes, then you’re in the right place at the right time!
First of all, I need to congratulate you for taking the time to do your own research before purchasing another money-making product.
There are so many scams on the Internet, so doing your due diligence is the way to avoid frauds and discover the genuine way to generate a full-time income online!
When it comes to EB Formula, it is no better than other money-making websites I have reviewed.
This honest review will show you whether or not you can make money with this program and all red flags I have found.
Table of Contents
EB Formula review
Name: EB Formula
Website URL: ebformula.com
Launched in: December 2018
Owner: “Dan Wright”
Price: $37 + upsells
Overall Rating: 24/100
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What is EB Formula about?
The sales page for EB Formula makes this system sound so cool, but I have come across other sales pages like that.
The second I saw it, I thought it was like other products I have reviewed because of the high-income claim.
Saying that you can earn over $3,000 today sounds very unrealistic to people who know what it takes to make money online.
It actually sounds like the typical get-rich-quick scheme created to part with your hard-earned money.
So what is EB Formula really about? It’s a program about making money with eBay dropshipping.
The spokesman makes this system sound amazing when he claims that you don’t need any previous experience or special skills to start making money quickly.
So is EB Formula the solution to getting cash on demand? Is this the best way to start making money ASAP?
According to Dan Wright, the alleged creator of this system, members are earning $40,000 a month without doing much work.
He claims that you just have to set it up in a few minutes and then you can already start enjoying the money coming in.
It’s supposedly a great system that one of Dan’s college buddies used to earn $1,000,000 every year.
Everything he says sounds fantastic and something that can make all your wildest dreams come true, don’t you agree?
But the fact that it sounds too good to be true is an indication that it’s too good to be true.
In other words, this system is not as good as “Mr Wright” wants you to believe because making money online doesn’t work like he says.
EB Formula is very similar to these other products I have reviewed:
- EZ Bay PayDay
- AZ Sniper
- CB Cash Code
- Voice Cash Pro
- Private Cash Sites
- Money Looper
- Daily Cash Siphon
- Fast Profits Online
- Million Dollar Replicator
How does EB Formula work?
EB Formula does not work like “Dan” claims because this is not a way to make money overnight or the same day you get started.
If you need to make money today, this is not for you.
The truth is that he wants you to believe this is the solution to your financial problems because he just cares about the money he can take from you.
According to the sales page for EB Formula, you only need to take these 3 steps:
- Fill in the form to become a member of EB Formula
- Activate your account
- Follow all the instructions to start earning $3,624 a day.
They’re making it seem like a system that only requires you to push a few buttons to start making money, but it doesn’t work like that.
Is it possible to make money with EB Formula?
The short answer would be yes, it’s possible to earn money with eBay dropshipping, but it’s not as fast as EB Formula makes it seem.
If you have never heard of dropshipping before, it’s a type of ecommerce that consists in selling other people’s physical products.
The good thing is that you don’t need to buy the products you want to sell, so you don’t keep inventory.
Once you have made a sale, you go to the supplier store and tell them to ship it to the customer.
Also, if a customer asks for a refund, you’re the one who is in charge of this. Note that the customer doesn’t know that the products you’re selling are not yours.
It’s possible to make a living online doing this, but it takes a lot of work, time and investments.
So why doesn’t it work like EB Formula claims?
Well, you need to do a lot of research to find good products to sell and you also need to manage arrangements and refunds, which takes time.
In order to earn $1000 a day, you would have to make lots of sales because you don’t get to profit that much from each product you sell.
Note that the more products you sell, the more arrangements you need to make.
Also, you are in charge of customer service so the more customers you have, the more questions you will be asked.
I know it’s not as easy as they want you to believe because I made money dropshipping some years ago, so I know there’s a lot of work involved.
Apart from this, you need to take into account that EB Formula doesn’t provide you with high-quality dropshipping training.
This kind of products usually provide some basic and generic training that can be found for a very low price or even free online.
The real cost
“Dan” claims this system only costs $37, but that’s kind of misleading.
I mean, you will need to invest way more than $37 in order to learn what you need to start making money.
If you buy this product, you will be bombarded with several upsells that can cost you hundreds of dollars.
How do I know?
Well, I took a look at their page for affiliates and they say that each affiliate can make $228 per sale, so it’s clear that EB Formula costs way more than $37.
After all, it would make no sense that they sold a valuable product for only $37.
Con artists want to earn way more than $37 per customer and they want to make as many sales as possible, which means that it’s not true that there are limited spots. They will never refuse a payment.
I could actually promote EB Formula to earn some money, but it’s not a product I believe in so I will not be promoting it.
It’s not ok to promote a product that makes empty promises and doesn’t benefit customers.
Who’s Dan Wright?
We’re told that Dan Wright is the owner of EB Formula.
He allegedly created a design business with another guy named Warren Paul, who ended up screwing over Dan.
So Dan got depressed until he met an old college friend named Jason, who was making lots of money on eBay and gave his EB Formula to Dan.
Jason was like Dan’s savior and now Dan is acting as if he was going to save you as well.
Well, that’s what they tell us but the truth is that it’s all invented. There’s nothing true about this.
Dan Wright is not the person behind this program. He’s merely a fake character that the real owner has created to market EB Formula.
They don’t even show a picture of him, so how can we trust him?
There’s no way to confirm that the information they give us is real, so I cannot trust the people behind this product.
I have reviewed hundreds of products like this one and I have realized that most ClickBank products are promoted under fake names.
Has anyone succeeded thanks to EB Formula?
So is there anyone who has made money thanks to the training provided? What about the people who appear in the sales video?
The owner of EB Formula wants you to believe that these people are earning $40,000 a month, but I know that’s not true.
These people are Fiverr actors who have got paid to give a positive testimonial of EB Formula, which means that they’re not real members.
In the sales video, they tell you the amount of money they’re making but they don’t tell you how they have earned it. They act as if they had had overnight success.
So, it’s clear that they’re not genuine testimonials.
Just let me show you some proofs that expose these Fiverr actors:
So there’s no one who has joined EB Formula and become successful thanks to it.
EB Formula has recently come out, so it would make no sense that members have already achieved success because it takes time to build a profitable dropshipping business.
Is EB Formula a scam?
EB Formula is a scam or not depending on your definition of scam.
There are people who will not call it a scam because they give you something for your money and you may learn something from the training provided.
However, others will call EB Formula a scam because it’s marketed as a get-rich-quick scheme and it doesn’t live up to its promises.
If you don’t buy it but give them your email address, you need to know that they will share it with other marketers. So you can expect to receive spam emails concerning other scams or poor quality products.
In my opinion, EB Formula is not a total scam because it’s sold on ClickBank, which means that you can get a refund if you end up buying it.
So, you’re free to do whatever you want concerning this product, but my final verdict is that I do not recommend EB Formula.
Here’s a newbie-friendly business model
Even though I earned money dropshipping on eBay, I decided to quit because of these reasons:
- I felt it was not a transparent business because customers didn’t know that the products they had bought were not mine.
- I had to deal with refunds.
- I had lots of arragements to make.
- I found a better business model.
This business model I use now is similar to dropshipping because it’s about promoting other people’s products (not only physical products).
I’m glad that I gave it a try because it enables me to be more transparent and doesn’t require me to deal with refunds.
Also, it has given me a way to make a 4-digit monthly passive income online while working from anywhere as long as I have a computer and an Internet connection.
This business takes time and work to build but you see it’s worth it in the end.
There’s a lot to say about what I do, so I invite you to check out my free guide (only if you’re committed to making efforts) here:
In my free guide, you will find what this business is about, how it works, the main reason it works…
You will also discover the 4-step method I have used and why it works so well!
Not only that, I also show you the step-by-step training and marketing tools I have used and how I got started =)
Another cool thing is the fact that you get the chance to start today for free! That’s right, you don’t need to spend a penny to ensure this is right for you 🙂
My free guide also reveals how you can get my personal guidance and support from other like-minded people as well! Isn’t it great to know that you’re not alone in this new venture?
I’m so excited for you to stop wasting your time on scams and start building your biz today!
I hope this truthful EB Formula review has been helpful to you and you will make the best possible decision.
Feel free to share it with whoever you believe that will benefit from it!
If there’s something else you want to know or you have any questions, don’t hesitate to leave a comment below and I’ll get back to you ASAP!
Whatever you do next, I wish you nothing but the best =)