Welcome to My Review of Bank Ramp!
Do you want to earn money from drop shipping and e-commerce? or are you searching if Bank Ramp by Jamie Lewis is a scam or a legit opportunity to earn money?
First of all, I want to congratulate you for doing your own due diligence and for sure, is the Best Way To Avoid Scams Online and save your hard-earned money.
Let me help you to find out the truth about Bank Ramo- drop shipping and guide you in the right direction to make money online.
Bank Ramp Review
Name: Bank Ramp
Website URL: bankramp.com
Owner: Jamie Lewis
Launched in: February 2019
Price: $29+ upsells
Overall Rating: 3/5
Recommended? No
What Is Bank Ramp is All About?
Bank Ramp is a training program by James Lewis. James Lewis is a popular name in the industry and has earned a name for him.
Bank Ramp is a complete package of training on how to earn money online by drop shipping and e-commerce.
Basically, Jamie gives you training on how to start your own Shopify store, using drop shipping through Amazon, and E-bay.
Jamie does provide a step by step video training and his training module includes:
#1 Bank Ramp Tutorial
#2 Bank Ramp Tutorial
#1 Shopify
#2 Instagram
Even in the members’ area, you will find ample training and resources:
- Video Tutorials
- Suppliers and Resources
- Drop Shipping Database.
Matthew, who is one of the biggest success stories on Shopify, according to Jamie, also seen teaching in some videos, so it will be an added value to the training.
How Bank Ramp Really Works?
Bank Ramp provides you an intensive training on dropshipping and e-commerce, which is a very legit way of earning money online. Many have been successful with Shopify and earned thousands of dollars through this module.
Now let’s see what is Drop Shipping?
According to Wikipedia:
Drop shipping is a supply chain management method in which the retailer does not keep goods in stock but instead transfers the customer orders and shipment details to either the manufacturer, another retailer, or a wholesaler, who then ships the goods directly to the customer.
As in retail business, the majority of retailers make their profit on the difference between the wholesale and retail price, but some retailers earn an agreed percentage of the sales in commission, paid by the wholesaler to the retailer.
In a nutshell, When someone comes to your store and makes a purchase, instead of you shipping the product, you place an order with your supplier and they ship the product directly to the customer.
But it is not as easy as Jamie make out, drop shipping has it’s own learning curves and definitely it’s not a newbie’s business.
It needs a lot of experience, as this business module as its own drawbacks, as your entire business depends on the supplier if he fells to deliver your order on time, your business is at stake always.
Next important thing you do not have any qualitative control over the products, there is no way to check out the quality of the product, your supplier supplies to your customer.
Low-quality products take no time to ruin your business in minutes!
So drop shipping is not at all an easy module of business!
How Much Bank Ramp Really Costs?
On the Front end, Bank Ramp costs $20 one time payment, but it has way more upsells which in total can cost your $1000+.
As you can see in the above screenshot One funnel with red arrow shows Front end price, as well as down, sells.
Plus you have upsell 1 and upsell 2.
Also, Jamie has announced Webinar training for Bank Ramp, which will definitely have some other upsells.
But Jamie has included his one to one training with his students.
Is Bank Ramp A Scam?
Bank Ramp surely is not a Scam, as it provides ample training on different subjects, also it comes with 60 day Money Back Guarantee.
My main concern with Jamie’s programs is that they never have a privacy policy on their website. It is not made clear how they are going to use the personal data they collected.
One can sell this personal information like name, email, phone number and so on to the third party. Selling personal data and email list is another way to earn money online.
Other than this, it’s a way much better program than the last program of Jamie Profit Injector, but as I described above, dropshipping is not as easy as Jamie make out.
Other than that you have to manage many other things like a refund, find good products to sell, a lot of research on your competitor’s price range, set up your store, and most importantly drive traffic to your store.
Unless and until you have good organic traffic to your store, you need to invest as much as $1000 for paid traffic.
Even after investing so much time and money, there is no guarantee that it will convert into a sell.
So my advice is to anyone who wants to follow dropshipping as their business module, do thorough research, as it may not suit all.
Compare to drop shipping, affiliate marketing is a bit easier online opportunity to earn money.
As an affiliate, you need to promote the product through your website or social media platform.
You don’t need to have your own product, no need to stock inventory, no hassle of suppliers and customers.
As an affiliate, you can promote any- physical or digital product, among millions of product.
But affiliate marketing also takes hard work, needs patience and persistence. It takes some time to establish you in this business and may take months to see any results.
If you want to earn money by promoting products in an ethical way, here’s my step by step Guide to Earn Money Online Without Investment!
It is the platform where I am working for the last few years and learned about online marketing. But if you want to earn legitimate money, you need to commit to this program.
Legitimate Opportunities Requires Legitimate Effort
Making Money Online is much like any other business, which requires hard work, Patience, and Persistence.
The people who fail online is because of their wrong mindset. People who do not want to work hard, or they want to put in little or no effort to get the results.
The business module which I highly recommend is not a get rich scheme. You need to work hard and work hard consistently. This is the method which has succeeded in the past and will be successful in the future years also. It is a time proven method.
Why I am so sure about this program?
I like to recommend my readers those programs/ products which will add value to their life, and I am sure You will thank me for introducing this program to you!
It is Free to Join
The most important thing that it is free to join, you do not need to pay a single dime while joining. And I would also like you to go through the Starter Membership, see whether this program is for you. Take full advantage of Starter Membership and if it suits you, Go Premium!
The Support is amazing
When you are building an online business, sometimes it becomes lonely. You need encouragement and support from others. this platform has an inbuilt support system in the form of an amazing community of more than 1.5+ members. Live chat, PM, Blog are some of the ways to communicate and get support from the community.
Beginner Friendly
When I joined this platform I was totally unaware of the technical stuff and had very little to no experience working online. But the platform is for anyone who wants to build an online business.
One Stop Destination for becoming Successful Online
Most of the tools and training which one need to be successful is available on the platform, so you do not need to go elsewhere for any further additional services. You can easily Build and prosper your online business Under ONe Roof.
Legitimacy
The platform teaches you the most popular earning method of online marketing i.e. affiliate marketing.
Affiliate Marketing is a very legit and sure way of earning money online, but the success depends on you. The success is proportionately related to the hard work you put in your work.
Lastly, I have personally been with the platform
I personally working on this platform for the last few years, and am really lucky to find this platform. It is one of the most advanced platforms online and most importantly, the environment within the community is very helping, caring and encouraging!
Since it is free to join, I highly recommend you to check out this program.
I hope the review of Bank Ramp has helped you to make an informed decision.
Don’t hesitate 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, please feel free to leave a comment below and I’ll get back to you ASAP! ?
Whatever you do next, I wish you nothing but the best 🙂
Shubhaangi
Bank Ramp
$29 + Upsells
Thank you for a great review of bank ramp.
I agree with you dropshipping is not an easy business. A few years back I tried dropshipping through Shopify and even spent a considerable amount of money on Facebook ads however I didn’t get the results I was expecting.
I was disappointed but then I turned my attention to affiliate marketing and this has proved to be much more lucrative for me. For newbies, I would definitely advise going with affiliate marketing!
Exactly Moni,
Drop shipping is profitable only when you have some experience in this online field. for a newbie, it will be a bit difficult compared to affiliate marketing.
Affiliate Marketing is much more profitable for different reasons like you already have thousands of products to promote, you don’t need to store your inventories, all the hard work is almost done for you, the main work left for you to promote the product on your website or through social media.
And as far as, training and tools are concerned, Wealthy Affiliate is the best Online Platform to Start Your Online Business.
Regards
Great review! I wasn’t fully aware of what drop-shipping in e-commerce was until now. I can definitely see how using a third-party manufacturer, retailer or supplier can be risky. I use amazon a lot and sometimes you find product quality or ingredients change and a lot of bad reviews result from it. As you said – you can’t ensure product quality as you aren’t overseeing it’s preparation, handling or packaging to ensure it meets your expected standards – the standards you promise your customers. This is actually a good point to remember too when going into affiliate marketing – if you use affiliate platforms like amazon or e-bay to warn your readers of this potential risk (maybe even request they let you know if a product has changed/no longer meets the standards stated). Lastly, I agree – either way – building a successful business takes dedication, patience, money and time. There is no such thing as “rich-quick schemes” – because unless you fall into an inheritance, you don’t get rich quick! Thanks for sharing 🙂
Thanks Sherry,
For a newbie, who just entered the online world and knows nothing about it, dropshipping will be a little bit risky also, as it needs financial investment also.
As far as, affiliate marketing is concerned it the low barrier entry in business, with nothing to lose, just need hardware, patience, and persistence to be successful in this industry.
Training and Tools definitely necessary to start, but you have free access to #1 Online University to teach you everything about affiliate marketing.
Join Now for Free
awesome page, had some very good information and i didnt feel pressured by pop up ads, thanks!
Thanks Kayden for your kind words:)
Very cool, glad i stopped by. Gonna take some of this info, and maybe try it out. Hoping to get into affiliate marketing, this comes across as solid information without being a scam,
Thanks
Thanks Kayden,
Glad that you find it useful, and feel free to contact me if you ever need a hand with affiliate marketing. You can join # 1 Platform for A to Z training about affiliate marketing and also provide with you free training and tools like 2 websites + free hosting + free training.
Try Out Affiliate Marketing For Free
Seems like an up and down program. I’ve never been a fan of places that ask for upsells, however, so it wouldn’t be something that I would invest in. I do like the money-back guarantees, which tells me the program is definitely not a scam, which always carries upside. I’ve never heard of drop-shipping and it may be something I might look at in the long-run, but for right now I’m cool, more than cool, with affiliate marketing. Thanks for the review.
Hey Todd,
Great to know that you are loving affiliate marketing and it’s always better to learn about drop shipping once you established yourself in any one field.
jivita