FACEBOOK WEALTH FORMULA 2.0 – Is It A Scam? A Frank Review. (Updated for 2016)

There has been a lot of buzz around a certain product called the FACEBOOK WEALTH FORMULA 2.0, especially involving high-end, super-successful Internet marketers and online entrepreneurs. The large amount of traction that Facebook and other social networks has been getting with businesses as of late has driven people towards finding new ways to monetize what is, in my Frank opinion, one of the largest cash cows available to Internet businesses today.

The problem with these products is that they’re often not worth the money, nor do they provide you anything useful. Is the Facebook Wealth Formula 2.0 another “Make Yourself Rich Overnight” scam that’s been created only to steal your money or does it actually provide you with the information you need to build your own Facebook-based business?

Read on to learn more about the Facebook Wealth Formula, who it’s for, how it relates to Facebook marketing, and if it works. As an added bonus, I will be covering the topic of getting the Facebook Wealth Formula 2.0 for free.

Don’t have time? Click here to learn how to get your LIMITED EDITION PROMOTIONAL COPY of the Facebook Wealth Formula 2.0.

Why Facebook?

The Number of Facebook Users Will Continue to Increase After 2014

The number of active Facebook users has increased non-stop.

Let’s face it: social networking is the future. More people than ever before are using it and, as it so happens, Facebook is the fastest growing social network on the Earth.

That’s right, it puts Twitter, Google+ and any other combination of networks you can think of to shame. Even my grandmother uses Facebook now, which makes it a prevalent force in the lives of people.

It also make sit one of the easiest ways for marketers to reach their target audiences. With the different fields, the massive number of ways you can connect with people and the ways that people can connect with you, Facebook is a marketing gold mine.

The problem with it is learning how to use it. That’s where the Facebook Wealth Formula 2.0 promises to help, but is it the real thing that helps marketers succeed or another lousy scam?

Haven’t I Heard of That Before?

Is the Facebook Wealth Formula a checklist to success?

Is the Facebook Wealth Formula a checklist to success?

Before we go any further, we need to address one thing: the name of this product.

The Facebook Wealth Formula has undergone a long list of name changes in the few years that it has been out. The Facebook Wealth Formula is currently called FB Influence 2.0, but I will be referring to it as the “Facebook Wealth Formula” due to the fact that most Internet marketers know it by that name.

Here’s a brief list of the name you might find this product referred to as:

  1. Facebook Wealth Formula
  2. Facebook Wealth Formula 2.0
  3. Facebook Marketing for Internet Marketers
  4. FB Influence Formula
  5. FB Influence 2.0
  6. fbinfleunce

Why did the name change? Although I can’t confirm it with the author, I can only assume that the name was changed from the “Facebook Wealth Formula” to “FB Influence 2.0” because Facebook sent a DMCA to the author. This was the case with a lot of websites and products that used copyrighted and trademarked terms, so it’s not unreasonable to assume.

What does the Facebook Wealth Formula Give You?

Facebook Wealth Formula-2.0 ReviewedLet’s dive into the main course: what does this product contain?

Facebook Wealth Formula 2.0 consists mainly of a series of instructional videos by the author, Amy Porterfield, created with the intent to train you in the ways you need to know to be successful with Facebook marketing.

Included in the Facebook Wealth Formula are a number of other bonuses. These aren’t so much things that will train you in fundamental concepts, but they will key you in on ways that you can make your Facebook business work better.

With that being said, I don’t think the bonuses are anything special. I’ve seen better on lesser Internet marketing products.

How Reliable is the Author, Amy Porterfield?

Amy-Porterfield-The-Author-of-the-Facebook-Wealth-FormulaLots, and I mean lots, of Internet marketing products are developed by no-names and gurus whom, for all intents and purposes, are no-names because they’ve never been successful on their own.

Amy Porterfield is someone whom I can respect. She’s the author of the Facebook Wealth Formula, an established Internet marketer and author of several books. She was even the community manager for the well-known Social Media Examiner website.

Couple this with the fact that she teamed up with Lewis Howes and Sean Malarkey, two big names in Internet marketing, and you have the potential for a product that’s not a waste of time.

What Does the Facebook Wealth Formula Include?

There are 4 content modules and 5 bonus materials. They’re divided in logical ways that are meant to make it easier to understand how the Facebook Wealth Formula works, which is something that I can honestly appreciate.

I’m only providing a brief overview of what’s featured in the Facebook Wealth Formula. To experience this product for yourself, check it out here.

Facebook Wealth Formula Module Steps

Facebook Wealth Formula steps in an easy-to-understand diagram.

The videos themselves are divided into four modules:

  1. The Core Principles Required to Have a Comprehensive Grasp of Facebook
  2. How to Grow Your Fans and Followers
  3. Learning to Engage Your Followers in a Way They Appreciate
  4. Making your Fans and Followers Perpetuate Your Business For You

The bonuses, which I think are a mxied bag, are divided into six documents:

    1. How to Design Your Social Media Marketing Strategy for Rapid Expansion: This document aims to teach you the effect of social networking without forcing you to learn the cause. This can be decent supplemental material if you feel like social marketing is too far from your expertise to handle.
    2. The 3-Step Lead Generation Facebook Blueprint: Amy breaks down the process of converting Facebook fans into newsletter subscribers into just three steps. This is decent if you want to invest in the power of email marketing.
    3. 50 Ready-Made Image Quotes for Your Business: Media is one of the most effective ways to connect with your fans and followers. Leveraging it isn’t so easy, at least until you get the hang of things. Amy Porterfield provides 50 quotes that can be readily posted to your Facebook wall in this bonus. I think it’s a nice touch.
    4. Workshops on How Facebook’s New Features Can Promote Your Business: One of the biggest complaints about Facebook marketing is that Facebook always seems to change everything. This aims to help businesses adjust better to change, which makes it one of the few bonus documents I actually like.
    5. Cashing in on Facebook Places and Deals: This is a 51-page presentation on how to leverage the Places and Deals features of Facebook to your business’s advantage. Like I said, I don’t find this incredibly useful by itself.
    6. Access to the Private fbinfluence Facebook Group: The key feature of being in this group is that it should give you a support network. When you encounter roadblocks or other things that hinder your business, you can see if other people have a way around them. This is likely the most valuable bonus included in the Facebook Wealth Formula.

How Does the Facebook Wealth Formula Rate?

Facebook Wealth Formula SCAM or is it the REAL THINGHere’s what I like about the Facebook Wealth Formula 2.0:

      • It’s simple and to the point. You’re not going to get lost in convoluted technical jargon.
      • It’s laid out in an efficient and easy-to-comprehend manner. This reinforces my opinion that it’s decent for Internet marketers and businesses with different levels of skill.
      • It skips the fluff and most of the upselling talk that most products have to get your Facebook business running as soon as possible.

Even though I’m a bona-fied Facebook marketer and I’ve had my own long list of success, I will say that I did learn a few tricks after finishing this course. This is the key thing that makes the Facebook Wealth Formula worth considering, even if you don’t buy it. Look at it here.

Here’s what I hated about the Facebook Wealth Formula:

      • There’s no physical copy option. This makes me feel like the product is offered at a lower price to make it more appealing to everyone. Not a big deal, but it certainly makes it hard to focus on if you don’t always have access to a computer.
      • You can’t download the videos. You have to have an active connection to the Internet to see the product that you bought. This makes me a bit worried, but I’ll go out on a limb and say that what you buy will be there for the long run. Amy Porterfield is a name that isn’t going to up and disappear overnight.

I do want to dispel one illusion surrounding this product. It’s not going to make you an overnight millionaire. It’s meant for people who are serious about putting forth some guile and hard work to create their own Facebook-based business.

Should You Bother With the Facebook Wealth Formula?

Constructing a Winning Business with the Facebook Wealth FormulaHonestly? I think that the Facebook Wealth Formula has the merits to be a good product. It gives you an easy way to understand the ins and outs of Facebook marketing without trying to sell you too many additional products.

I do think that some faults might detract from what would otherwise be an excellent product, so I can’t say that you should buy this product.

I will say that, among the many products I have perused through and viewed, that while it’s a somewhat more expensive product, it tends to provide more value than every other product I’ve seen. It’s basically your own personal Facebook marketing tutor without the four-figure-a-meeting price tag that most gurus will charge you.

>>> Take a look at the Facebook Wealth Formula (now known as fbinfluence today.

What About Getting the Facebook Wealth Formula for Free?

The earliest version of the Facebook marketing product, the Facebook Wealth Formula, is available for download on many popular websites. While I don’t condone piracy, I will say that you’re more than welcome to stumble upon it by accident in your journey to find ways to make money online.

What I will warn you about this version of the Facebook Wealth Formula is that it’s nowhere near as complete, nor as easy to understand as the current version known as fbinfluence. You’re wasting your time if you try to start your Internet business with this outdated version of Amy Porterfield’s course.

Glance at the Facebook Wealth Formula and consider just how much an investment it could be towards your Internet marketing education.

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24 thoughts on “FACEBOOK WEALTH FORMULA 2.0 – Is It A Scam? A Frank Review. (Updated for 2016)

  1. WOW! Thanks for posting such a detailed review on Facebook Wealth Formula.
    After reading your review, I immediately bought Facebook Wealth Formula and acted upon it.

    In just 16 days, I have 4982 Facebook friends and now I am making around $100-$150 a day from it. No, I am not making $500/day like author claims, but $100 a day with Facebook is more than enough for me. Thank you once again!

    -Jimmy

    • Hi Jimmy! I’m glad to hear that you found success. :)

      I think the fact that it’s unlikely to earn $500 a day like the author said goes without saying. I think that I will put something about how viable it is to earn money the amount of money that the author claims in my next series of reviews.

  2. Pingback: 5 Non-Blackhat Ways to Make a Quick Buck Online | Frankly Making Money

  3. This is THE PRODUCT if you’re new with social marketing.

    I saw this review as a RT on Twitter, perused through it and then I purchased the book.

    Holy crap!

    This thing is amazing. It doesn’t just tell you how to get followers, it guides you step-by-step as to how to get followers that work for you.

    By the way, this isn’t the Facebook Wealth Formula that’s been circulating around on the Internet for free. Compared to that, this is a million times better.

    I just want to tell the author of this blog thanks! This is a really great book, and I would recommend it to my friends if I didn’t already do so.

    Rocking the Social Media Market,

    Robert J. Jackson

    • Hey there, Robert! It’s awesome to hear that you found some success with the Facebook Wealth Formula.

      There’s a good reason that I chose to spend time and write about it on my blog.

      It’s especially great to hear that other people experienced in the field of marketing are finding success with it, because that means the formula laid out in it isn’t just a one-time thing.

      • thanks frankly but i have problem i am using acute emails ids engine when i send friend request to 300+ peoples facebook has blocked my friend req can u tell me why it is happing to me??

      • Facebook has a number of security measures to keep things like automated spam in check. From the sounds of it, I think you’re trying to do too much too fast.

        Your best bet would to be to do one of two things: distribute those 300 friend requests over 3-5 different accounts or to reduce the number of friend requests that you send.

        I hope this helps!

      • But in facebook wealth formula adam says i sent invitation to 800 peoples 334 peoples already on facbook and they get my req i get 250 in my first day adam c miller said but why i get banned for one week from frnd request??

  4. Perfect Strategy! I was trying to make money on the internet from last 3 years but I made it only with the help of Facebook Wealth Formula, this is just freaking!!!! I loved the way author presented it. It’s totally amazing! thank you so much for sharing it with us and making my life easy! I am making around $200/day (average) by selling clickbank products on my page :)

    • Hai, i got this ebook it looks awesome….but i ask you one question, what type of products we sell ?do customers buy my products .. All the frnds doing the same thing then who will buy?

      • Hey there! I apologize for the delay in answering your question, but the answer is that you can sell any product.

        If you’re aiming for marketing with Clickbank, then I would recommend something different that doesn’t require a lot of investment. There are products pertaining to renewable energy, studying habits and more on the Clickbank Marketplace that various demographics tend to enjoy. Remember that your goal should be to help them out before trying to sell to them and you’ll go far.

  5. whoah this blog is wonderful i love reading your posts.
    Stay up the good work! You understand, a lot of persons are hunting round for this info, you
    could help them greatly.

  6. Pingback: 5 Effective Ways to Promote Your Facebook Fan Page and 1 Myth Dispelled | Frankly Making Money

  7. I found this post via Google, and I have to say that it has been an incredible help. It’s put my faith back into Facebook marketing, and it’s shown me that the Facebook Wealth Formula works!

    Thank you, Ms. Samantha!

  8. I stumbled on the preview of this book “Facebook Wealth Formula”, just yesterday. Please, how do I get the Original copy?

  9. I got acute Email Engine Production, now the problem is that I have invited nearly 5000 people. Now I am blocked from inviting more friends, I got 0 friends..
    Now my question is that
    how many invitation should I send to people?
    When people will start to accept my request..

    • You need to be very careful about how many friend requests you send. Facebook uses the number of outbound friend requests you have as a metric to see if you are a spammer.

      In my experience, I would send no more than 200 to 400 friend requests a day. It’s best to keep your friend requests lower when you have fewer friends.

      Remember that Rome wasn’t built in a day.

      • ok thanks for the reply…
        How many invitation you send to peoples..
        the people who are not on facebook you invite them or not..
        you make your id with girl name.. ?? answer these as soon as possible

  10. Hey there! I’ve got a serious question about the Facebook Wealth Formula. I started using it a couple of days ago with a new account and I followed the rules of the e-book that I downloaded. I started with 5 friends and then I started sending friend requests left and right until I reached about 100. Today, I have up to 450+ friends and got a warning in my inbox as to stop adding strangers. I got this message after I sent about 400 friend requests. Would any of you give me tips as to what I should do here? Maybe no friend requests for a day or something? I’m listening to all suggestions and would like to know any success stories and pointers! Thanks! :)

    • Hello, Derek! Despite the fact that it’s difficult for em to pinpoint the source of the warning, I can suggest a few things that might help you.

      1. Facebook doesn’t like it when you add a lot of unrelated people at one time. You should focus on adding a few people who know each other first, then add the people they know.
      2. With new accounts, you should take it really slowly. Only add 20 to 40 people a day, and ensure that you have added less than 100 people per account with accounts less than a week old. A little waiting is worth it, as your goals should be long-term.
      3. Try to get people to add you instead of just adding people to your account. This is more organic, and can help reduce the occurrence of those warnings. There’s a few ways you can do this, but my favorite technique is to reach out to people with helpful advice.
      4. Use your accounts in a healthy way. This means posting status updates, posting comments, liking things, and other actions that mirror a normal user’s actions. While seemingly not related, this can also help reduce the likelihood that you’ll run into those messages.

      If you follow the above advice, you should be able to find a good deal of success. I hope this helps! :)

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