The Sommerton Cash Profit System is a training manual from one Jim Sommerton and Streetwise News that claims to be show you items that you can sell online for profit.
What does the product offer?
According to Jim Sommerton, The Sommerton Cash Profit System will show you how you can find certain items that you can then sell for a huge mark up through eBay. Whilst Jim Sommerton found the first example of the items he recommends in The Sommerton Cash Profit System at a car boot sale, he also shows you various other places that you can look to acquire them. The Sommerton Cash Profit System is described as a business opportunity that requires just £10 to start off with. The methods that The Sommerton Cash Profit System employs allegedly require just a few hours each month to implement however I am not entirely convinced about this. In terms of content, The Sommerton Cash Profit System will show you what you should and shouldn’t be buying as well as things to look for in order to maximise your profits from each sale.
How does the The Sommerton Cash Profit System work?
According to Jim Sommerton, The Sommerton Cash Profit System is about selling nostalgia to people. Specifically, he talks about the 25-50 demographic and how the items that he sells are currently little known and that most people wouldn’t recognise them. Although I cannot disclose what the items are, a bit of deductive reasoning should bring you into the right ball park. In terms of how The Sommerton Cash Profit System actually works, you are essentially running your own online store selling the item.
What is the initial investment?
The Sommerton Cash Profit System is currently being sold for a one time cost of £77. This comes with a 30 day money back guarantee so if you are unhappy with the product you can send it back for a full refund.
What is the rate of return?
Jim Sommerton says that since he started to use the methods he shows in The Sommerton Cash Profit System he has made £52,000. In terms of a monthly income, he claims to make an average of £1,100 as well as saying that The Sommerton Cash Profit System will make you “a grand a month” with minimal work.
Conclusion on The Sommerton Cash Profit System
Without going into detail about what The Sommerton Cash Profit System deals with, there is only so much I can say however there are some problems with the methods. In fact, it is not so much the methods that are wrong, reselling is one of the oldest business models in the world.
The issue is with the items themselves which whilst new to some people, like any niche, there is already a lot of competition that exists. This is a problem as the niche in question is a very difficult one to break into and one which is becoming more and more difficult to source products at a fair price.
Personally, I just don’t see anything in The Sommerton Cash Profit System that really warrants the cost, especially as the profits are realistically not going to be anywhere near what is claimed.