Hello and welcome,
It is a New Year and the hype has begun, lets take a look and see if this fits into your New Years Resolutions.
Is the Kibo Code the Key to Tapping into an Explosive Bonanza of Riches or a Wallet Emptying Scam.
You might be asking “What is the Kibo Code”. The short answer is, the Kibo Code promises that you have no risk, as they hold your hand and lead you down the road to riches.
Lets start with some background.
This is a program pushed by Aiden Booth and Steve Clayton, who have been pushing MMO ( “Make Money Online“), programs for over 12 years.
One of their first big success’s was a product called the “100K Factory Revolution”.
This was a product based on drop shipping using WordPress (Woo- Commerce), and it was quite successful for them.
Woo- Commerce at the time was no where near developed as it is today, and was not able to support the transactions of some of the more successful entrepreneurs who were raking in the cash.
After a couple of years this forced Aiden and Steve to look at alternatives and they then began promoting 100K using Shopify as the drop shipping platform.
This was also quite successful (for them, but only for a little while), as Shopify has an affiliate program.
I am guessing everyone who signed on to the 100K Factory Revolution, after about 2014 ?, then signing up with Shopify, were generating affiliate cash flow for Steve and Aiden as well as the sign up fees for the 100K Factory Revolution.
They be mad if they weren’t right?
The 100K Factory Revolution had a good run for about 5 years (until 2017), before passing into internet heaven.
Shopify may have been part of the issue for dis-continuing 100K.
Unlike Woo-Commerce, Shopify has monthly fees and other charges for plugins and Apps, which soon add up, and would not have impressed the middle to bottom tier of 100K entrepreneurs.
Add that to the advertising costs to get sales and you are needing pretty good numbers to stay viable.
Was 100K Factory Revolution a Scam
The short answer is No (depending on who you ask),… and I believe there is still back office support for those who became involved and continued with the program.
There were some people who were very successful, others may have made some money, others ?, more than likely lost control of their advertising expenditure and found themselves in a financial body bag.
The 100K program was based on having products from Aliexpress, and using Facebook advertising.
Those who did the best were finding products that would have a good chance of going “viral” on face book and selling for around $10.00 – $30.00, making them an impulse buy.
Despite the “training” which strongly suggested to focus on a niche, many just pushed products likely to generate quick sales.
If you spent anytime on Facebook back in those days you might remember it being awash with “Free” Whiz Bang Kitchen and Gardening products. “Just Pay Shipping“.
As with all things in marketing, what worked yesterday is not guaranteed to work to-day. Such is the fickle nature of the consumer.
For many it then became an unsustainable business.
As we all know if your chasing losses, you are only digging yourself into a deeper hole.
I had a look at 100K Factory Revolution and the thing (apart from the cost of joining (about $2500 from memory), what struck me the most, was the graphics showing the amount of money people were spending on advertising to get a positive return.
While I am sure the figures quoted where accurate, I noticed they were a gross figure without the costs removed !
Sometimes as much as 70% of the gross number would have been spent on advertising. Add in Shopify’s costs and…?
The Build up to the Release of the Kibo Code.
12 months ago they started the Kibo Code as a beta test. You can see the small peak at the left of the graph in Google trends graphic below.
Google trends showed a slight interest in the “Kibo Code” over the past 11 months, which peaked during the first two weeks of January 2021.
So there was a dribbling of interest over the past 12 months in finding out what the Kibo Code was all about, then an explosive surge of interest at the beginning of 2021 after a 12 month build up of anticipation.
So, after a year of testing, and tweaking, adding bonus’s and training to help novices tuning in to the workshops, refining the sales copy, the sales charts, email mailouts…
Everything, to having it fully optimized for the presentation which like any good sales pitch in the make money online niche, focuses on…
Value, lack of risk and bonuses.
Everything was ready for January 2021.
At the time of writing this 3rd Feb. 2021, the program is nearing the end of its recruitment drive, following the same script used with the 100k Factory Revolution. With video workshops, PDF’s and graphics.
This time, Aiden and Steve have enlisted Mark Ling, another successful online entrepreneur, along with a couple of others I am not familiar with.
Mark runs the affiliate training program called Affiliroma. He is also reasonably well known in the MMO niche as the face behind the drop ship platform Salehoo, of which he is a part owner.
I have written about drop shipping and Salehoo quite a bit on this site. It is one site that vets the integrity of suppliers.
This time Steve and Aiden have departed from the basic concept of 100k factory Revolution ( where you had to build your own website), and are offering “done for you websites” using only suppliers from the USA.
How does the Kibo Code differ to 100K Factory Revolution
Like 100K Factory Revolution, the Kibo Code is all about “how to make money online” using a drop shipping store as the vehicle to accumulate wealth.
This time selling only items from American suppliers, to Americans with a focus on Free Traffic as the key selling point.
This may seem a little racist or perhaps opportunistic, given the recent political troubles with China, but the reality is, the Kibo Code program was already in Beta Test Mode before Covid.
Check out the Google graph above and you can see it was functioning before Covid.
Because the Kibo Code has some reliance on Facebooks Marketplace platform. Waiting two / three weeks for something you bought on FB Marketplace to be shipped from Asia or Europe was not going to cut it.
It seems like a re-run of the 100K factory Revolution, using Facebook with a few modifications. Although Facebook will not be the only “vehicle” used for marketing.
While that may seem a small deviation, when you include all the bonus’s and hand holding, the Kibo Code does seem to offer more than 100K did. (and it offered a lot !).
Some of what Kibo Offers.
- The Kibo Code is not using Shopify.
- Facebook still seems like the preferred advertising Medium.
- A seemingly endless list of Bonus’s. “Launchpad”
- Done for you websites.
- Comprehensive training.
- Other expert entrepeneurs.
Why Enlist Mark Ling
Mark Ling has a long history in drop shipping, being a part owner of the Salehoo dropship platform since 2005.
Listening to some of the Kibo Code sales pitch the other day, I thought it strange that when Steve and Aiden were talking about pricing items, they never mentioned “Salehoo’s Labs”.
It seems obvious that they are working with Mark Ling’s Salehoo drop ship platform in offering “done for you” websites.
For pricing products, Salehoo labs has one of the best pricing comparison tools around, as it tells you what is selling on E-Bay, at what price and quantity. It is so easy to use and gives very useful information.
But no mention is made of this in the sales materials.
Maybe that is insider information that comes into play later in their program, as they do mention a “shortcut” to pricing in the “Kibo Code Quantum training labs”.
One other thing to note here is that Aiden Booth and Mark Ling have both been involved in MMO for a long period. Both come from New Zealand and over the years, along with Steve Clayton, they will have developed a lot of insider contacts who know the ropes.
So I am imagining the “training” will offer good value.
Pro’s and Cons of the Kibo Code
The concept is good, although many people will see it as expensive. There is a lot of hand holding for newbies in their materials and training.
So there has to be a cost for these insider revelations.
They do offer a 30 day money back guarantee. Even a 60 day guarantee with additional money if the system is not working for you.
- It’s a model for selling physical products that doesn’t require you to buy any inventory to get started.
- You get handed your own ‘ready to go’ website, with profitable products (10 of which will be exclusively for you).
- One price and no recurring charges for additional plugins, unlike Shopify and other platforms.
- They are not using Shopify.
- You get full access to their cutting edge Launch Platform, that plugs into over 220+ USA based drop shippers, fulfils orders for you and more.
- A proven system to build a consistent online income-stream without needing Amazon, Shopify, inventory orders or an overseas supplier.
- You will be shown how to get Free Traffic to your products, as well as other training and tips on marketing.
- They have reversed the risk to make it as painless as possible for you to concentrate on getting some cash flow happening. See image below.
The Kibo Code does have a lot to offer. We will look at the cost below. There is a reason for the cost being substantial, one of them is to deter “tyre kickers“.
The other is to appeal to those willing to “put their ass on the line”, learn the ropes and make money.
In the Sales material the Organizers of the Kibo Code have gone to painful lengths to say that it works, that big money is being made, that they can be trusted and you have nothing to lose.
It might be true that some experienced entrepreneurs are cranking out the big bucks and some new players will likely hit the mother lode.
For others the whole thing might become a bad horror movie. But this is a risk not unique to online business’s. It can ( and does), happen with any business, online or off.
So lets look at the Cons. Most of them have little to do with the Kibo Code and more to do with human nature!
- Putting the cost on the Plastic and not making enough sales to cover the payments.
- Not taking the time to learn and understand the concepts. They do emphasize that you need to put in the work to be successful.
- No detail on Webserver hosting and future costs of hosting.
- No mention of tax implications. Just be aware if you make money some government, somewhere will want a cut.
- *Note*: They are probably under no obligations to do so, but if your running this thing from Spain ( or even New Zealand ), then you should be checking your pricing to see if your price point is competitive, by factoring in tax implications and other external costs that may have an affect on the viability of this business.
Is the Kibo Code a Scam
No it is not even close. There are too many reputations on the line for them to become involved in any skullduggery.
Will I be signing on to the Kibo Code. No.
The reason why I won’t be is because, I would be falling into another online trap called the “shiny object syndrome”. Which is essentially jumping from one huge promise to another without being fully committed to any.
And blowing money copious amounts of money in the process.
I have my own dropship site, on another platform. Like the Kibo code it was a one off payment and I only have to pay for hosting once each year.
$3,497 for many people is a substantial amount of money. As I said earlier they have priced it to deter the tyre kickers and just have those prepared to throw away the seeds of doubt, to earn head shaking amounts of money.
I have experience with drop shipping. You can see my niche website here. I have had others over the years, based on a single product (niche),that had variations ( about 200 of them).
My current website although broad, is still a niche. It is what works for me, Others prefer a more general type site.
I tell you this just so you know I am not a newbie at all this. I started drop shipping on E-Bay more than 15 years ago.
$3500 for a dropship website loaded with products (although they don’t say how many), is not too bad really, particularly id they are proven sellers.
Add in all the training and bonus’s and it represents fair value in my opinion.
I know of others who charge $1500 and only add about 50 random products.
There are others who charge anywhere up to $50,000 for a drop ship site and take ages to build it.
I heard this from a member of an affiliate site, who actually paid that amount and still has to optimize it with proper product descriptions!
The rip off merchants are out there, and they know every wallet emptying trick there is to know and are probably inventing more as you are reading this.
For Kibo Code I will rate it a 7 out of 10.
They have emphasized that it does take work and some money. You cannot be any more upfront than that. They have lessoned the risk for those serious about having a crack.
They have a proven track record previously with the 100K Factory Revolution, so they are building on that experience with help from other experienced online entrepreneurs and all this knowledge is passed on to you.
Making money online is not easy and drop shipping is no exception. Even though these guys paint a rosy picture, most of the money is made from a few products.
It is those you have to find and Capitalize on
Feel free to leave your comments or opinions.
If you don’t want to spend the $3500 to become a member of the Kibo Code and want to have a dropship store or just sell some widget you make…
If you are a Shopify, Magento, Wix, Open Cart or Big Commerce et.el. client and sick of the monthly fees, here is a bit of inside info for you.
If you want a custom site done for you starting from just a few hundred bucks, built by experienced drop shippers, who pass on their knowledge through regular blog posts, then…
You can Get all that info Here.
Like the Kibo Code you pay one price, and just look after the hosting when it falls due.
Until next time.
Images of Kibo Code from the Kibo Code sales material. No payment was received from the owners of the Kibo Code for this article.
UpDate: – 6th February. They have closed the doors on the Kibo Code for this year. However if you want to know more you could try Here