StomperNet Formula5 (FormulaFIVE) Review

When MarketingProfessor.com was started, the goal was to provide solid advise that helps people in their business.  Hence the “Real. Profitable. Advice.” tagline…  There is a lot of information out there, and more hype than ever.  My hope is that as small businesses and entreprenuers you willl find value in what is shared here.  As we plow through an economic downturn together, now, more than ever it is critical to take time and fine tune your business, not to survive, but thrive.

Today I would like to share with you my take on the StomperNet Formula 5 Program which becomes available for purchase soon.  I think the release of this course is timely, especially for those who know there are legitimate ways to make money online.  Whether you purchase it or not, many have already benefited from the free resources available.  You can too.

StomperNet Formula5 (FormulaFIVE) Review

Update: Forumla 5 sold out and is no longer available for purchase, I’ve chosen to keep this review in place, as it gives you an idea how the folks at StomperNet operate, and well, it’s a fairly thorough review (so, I’ve been told).  Enjoy.  -Travis

Hint: There is a teleseminar today (Thursday at 8pm EST) with Rich Schefren and Paul Lemberg discussing it in detail.  Formula5 Teleseminar info is here.

Disclosure: I am a StomperNet member.  This puts me at a unique advantage in offering this review because I have personally met the creator of the program (August of 2008, StomperNet Live 6 event in Atlanta).  I have also reviewed most of the course (yes, StomperNet does a good job, giving members early access to most things).

Formula5: The Launch

I have to say, there is a lot to learn in observing this launch.  If you want an example of how to use combine video and social marketing, look no futher than what Andy Jenkins and his team have done.  Video case studies, an MBA In-A-Box eBook, a contest, a blog where participants share their stories.

Stories: One person “made an extra $3k after spending 20 minutes adding these factors.”  These were people who haven’t taken the course yet, they haven’t purchased the course!  They simply participated in the MBA In-A-Box challenge.  Here is a comment from someone who used the “Zombification Gambit” technique (it’s an email) and resurrected 2700+ dead customers.

Usually business owners and online marketers are happy to have customers refer them with testimonials, with Formula5 people are endorsing the program… as prospects.

The launch has been very interesting, but the comments offered by those participating in the pre-launch challenge are very compelling.

So What Is Formula5 Anyway?

“The BIG IDEA: If you pick one strategy from each Formula and it grows revenue by 15%, then the Compounding Effect of the 5 on top of each other will yield 100% growth – DOUBLING the size of your business.”

There are 5 Formulas (surprise, surprise):

• Formula 1: Margin Magnifier
• Formula 2: Sales Stackers
• Formula 3: Lead Landslide
• Formula 4: Conversion Control
• Formula 5: Turbo Thruster

The formulas can be applied to any business at any stage.  That is one of the things I noticed it is flexible, and the principles are for all businesses not just those online.

Delivery: I don’t know about you but when I think of formulas, I have mixed emotions.  Excitement, because formulas produce a given outcome, consistently.  Angst, because I’ve taken “guru courses” before, which consisted of  a box (usually a heavy one) with all the materials, a pat on the back, and a “good luck”!

Just like a college professor controls what will be covered in a semester (syllabus), the folks at StomperNet are taking a similar approach (sigh of relief) with Formula5.
Customers get:

• A box in the mail with the first formula
• Access to an online community of other Formula5ers
• Remaining formulas (DVD’s) complete with worksheets and transcripts delivered to your door every 3 weeks.

Formula5, Keeping it Real

Point 1: That which is it’s strength is also its downfall.  While the syllabus style delivery is certainly advantageous in applying the formulas over time, some will not like this.  If you are someone who prefers consuming information via DVD and transcript (and many do) you are going to have to be patient.  While all StomperNet Formula5 formulas will be viewable in the web portal, some find it important to “break-away” from the computer while learning.  I understand, be aware, you might find yourself frustrated.  That said, you’ll have to decide if it is worth the wait.

Point 2: While I’m a big fan of “Starting Right” with anything.  I would caution anyone who doesn’t have an established business who is thinking about purchasing.  Don’t get me wrong, you will learn, and be ahead of others starting, but the sweet spot is for those who have something to improve (products, services, …a business).  So if you are a tire kicker when it comes to striking out on your own, this might not be the entry point for you.  However, if you have an established business, this could be your best investment of 2009.

StomperNet Formula5, Is it Profitable?

We all need to be spending time on our business to make it profitable (or increase profits), especially given the state of the global economy.  From what I’ve seen in the course, with all the outlines and forms included.  Formula 5 is certainly profitable (if you apply it).

One note on the forms: These forms are single sheet (mostly), simple, and clear.  They are so simple it is profound.  I chuckled when I saw the promotion of this product “The System is So Brilliant – You Don’t Have To Be”, but as I was preparing this post, and reviewing these checklists, I can see why they used this language.  The simplicity of these forms makes you want to get started.

My Advice on Stompernet Formula5?

If you are a business owner, or work in a small business (and have authority), let me encourage you to take a look at what they are offering in this program. Watch the Formula5 videos, they are high quality, engaging, and educational.  Read the Formula 5 blog, lots of information, and a few interesting stories.  Whether you have a web 2.0 marketing strategy or no web marketing strategy at all, review the MBA In-A-Box, it is free (and big, like 96 pages!), or hop on tonight’s Formula5 teleseminar to listen to the creator first hand, Paul Lemberg with Rich Schefren.

If you can swing it in the budget I would not hesitate.  I want to learn from guys who are doing it, as I’m sure you do to.  I’ve spent a lot of time on technologies that help online marketing and sales, now is prime time to focus on business to grow revenues, and thrive.  Will you be joining me?

Special Gift

If you found this review helpful, and think that purchasing Formula5 is in your future, please do so through this link If you end up purchasing through my link, please direct message me via  Twitter, or open a support ticket (under Bonuses) at www.TravisHelpDesk.com.  I have a choice of special gifts I want to give you (it’ll be nice to have as you start to apply the formulas from Formula5 :-).

Your thoughts matter!  As always, leave your comments here on the blog.