zaterdag 12 juli 2014

IM Cartel Review - Part 1

I thought I'd do an IM Cartel review for those interested in this investment opportunity. The books in my cartel, there are several cartels, will be published starting July 18th. So I can't give you any details yet on how well it's doing, hence the "Part 1".

Here's what I do know.

The ordering process is pretty straight forward. After you buy IM Cartel, you get hit with a bonus offer. You have a chance to buy another space in the cartel, kinda like buying a second share of stock, and save $100.

A nice option is that you get to choose whether you want the second space in the same cartel group or a different one. Why is this a great option? You don't know how well your group will do. Buying a spot in a different group spreads the risk. You know, not putting all your eggs in one basket and all that. It looks like you can buy as many spots as you want.

Personally, I'll stick with one for now.

The link in the first mail I received from Zaxaa didn't work. The link in the first mail I received from IM Cartel, however, did work. Your first order of business is creating an account.

Oh yeah, you get another mail from Ben Shaffer with basically the same info as the one from IM Cartel.

Once the account is created there's not much to see. Just a welcome message, the name of the cartel group you joined and a link to the Facebook group.

You're also asked to fill in your Kindle reviewer and Facebook names. I only filled in my Facebook name. Kindle reviews are no longer an obligation, more info here, so I'm leaving that blank.

When you go the Facebook group, don't forget to click on the join button. Again, you don't have to join the group. I did, mostly out of curiosity as I'm not the most social person out there and only login on Facebook once a month (if that).

The group is pretty new, so at the moment it's a lot of members introducing themselves. You can see how many people are in your cartel, which means you can calculate how many books will be published weekly.

There are some questions that appear to get answered in a timely fashion. Ben Shaffer visits the groups personally and also answers questions, gives updates on what's to come. I take that as a good sign and, quite frankly, didn't expect anything less from Ben.

Personally, I think there could be a little more info on the welcome page you first received. By the looks of it, most of the action and updates will be done on Facebook, of which I'm not a fan. I'll see on the 18th whether there will be any updates on the welcome page.

So, all in all, not much to report yet. I received an email from Ben yesterday, stating that the offer will be closed for the public next Tuesday. If you're interested in investing in the IM Cartel, read what it's all about here, ask questions if you have any and crunch some numbers to see if it would be a good investment for you.

Update: Click here to read  Part 2 of the review - my 2 month conclusion

3 opmerkingen:

  1. I found your article really helpful, particularly as I am considering investing in IM Cartel.

    Do you still think it is worth investing in? Can you tell me how things have been going over the last 3 months? Have you made any money and do the future prospects look good?

    Sorry about all the questions - any insight you can give will be greatly appreciated.

    Thanks, Rose.

  2. Glad you found it helpful, Rose.

    I've been meaning to write an update all week, thanks for reminding me to sit down and get to it. Your questions are answered in the the following post

    If you have any other questions, let me know.

    1. Thank you so much for updating your review and for responding to my comment so quickly. I'm off to read part 2 with great interest!

      Kind regards,