Local Marketing Vault Review

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So, you are looking for ways to make money online and discovering Local Marketing Vault (LMV).

You want to know if Local Marketing Vault is legit.

We understand that everyone is searching for all kinds of methods to earn money on the internet.

Do you know why?

The rising cost of living forces everyone to scramble for extra cash to supplement their full-time income.

You come across Local Marketing Vault and have a lot of doubts.

Sure, you don’t want to become a victim of an internet scam. If you like to know more about Local Marketing Vault, keep reading.

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Local Marketing Vault Review Summary

BUSINESS INFORMATION


Business name:
 
Local Marketing Vault
Type of Business: 
Digital MMO Course
Initial Investments: 
$7,500

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What Is Local Marketing Vault?

Local Marketing Vault is a course that teaches you how to make money by running Google ads and Facebook ads for local businesses.

James Bonadies and Jason McKim created this course. We’ll discuss them in a bit.

Local Marketing Vault is another lead generation course.

Lead generation is a business of finding customers online, which are called leads. You then sell these potential customers (leads) to a related local business for money.

You will learn to generate leads through Facebook ads or Adwords with the hope of generating enough to keep the client paying you monthly for the long term.

It is a good business concept, but the business model does have some flaws.

James Bonadies and Jason McKim claim their course will help you make money faster by avoiding common problems with local business owners.

But who are James Bonadies and Jason McKim? Are they for real?

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James Bonadies and Jason McKim

The question you must ask every time evaluating an online business is about the founders.

Who are James Bonadies and Jason McKim? And can we trust them?

James Bonadies started his career in education. He taught Business Education teacher and then became a Vice Principal after getting his MBA.

However, James could not provide the lifestyle he wanted for his family.

So in 2014, he decided to learn online lead generation.

James Bonadies joined a lead generation coaching program called Job Killing by Dan Klein.

Jason McKim had a real job as a financial consultant but hated it.

So he started learning Search Engines Optimization (SEO) on the side to help a law firm rank its website in Google.

Jason kept mastering his craft of SEO and paid traffic.

Recognizing SEO services as a way to earn passive income, McKim started his SEO agency and got a few clients.

Then Jason and James met one day at a seminar. They joined forces to create the Local Marketing Vault.

Jason McKim is the guy that’s teaching the students the actual skill of paid traffic in LMV. James Bonadies is more of a motivator and helps promote the program.

James and Jason are not in the business of selling digital courses. They are making money using the same methods they teach you.

The two founders of Local Marketing Vault are very active mentors. They hold Facebook conferences throughout the year for students and those interested in lead generation to learn how they can earn money online.

The LMV course is good because Jason and James combine their skills when teaching you Facebook, Google Adwords, and building sales funnels.

Now that we have introduced you to Jason McKim and James Bonadies. Let’s talk about the legitimacy of the Local Marketing Vault.

Is Local Marketing Vault Legit?

Local Marketing Vault is legit. We can tell you that LMV is not a scam.

If you are willing to put in the hard work, you can make money generating leads for small business owners.

However, it is not a passive income business.

You need to recruit new business owners and constantly run paid ads to ensure a constant supply of leads.

Paid ads cost a lot of money which cuts your profit margins if you cannot sell them.

Since running paid traffic is expensive, clients are not consistent long-term either. They are always trying to find better deals for leads.

There is a much better version of generating passive income online, even though LMV is legit.

Inside Local Marketing Vault – Here’s What You Get

Local Market Vault offers you completed training on building a lead generation business from scratch.

The course comes with multiple training packages. Each package requires a different level of investment.

Below is everything inside each package.

Foundation Package

Step 1: Build 2 Pages Website

Step 2: Send paid traffic to the website

Step 3: Collect leads

Step 4: Recruit business owners by offering free leads

Step 5: Upsell to a site

The entire process sounds easy, but it’s not.

The unexpected complexities of the business occur with converting paid traffic into paying customers. Business owners will not pay you for the leads if they do not convert.

Here are the details of what you will get from Local Marketing Vault.

LMV provides more than 31 Facebook and Google ads done-for-you funnel, with step-by-step setup instructions. It covers the first step, building a 2-page website.

You receive basic lessons on creating, running, and managing FaceBook ads and Google PPC (Paid-Per-Click) ads.

The training dashboard includes the followings:

Local Marketing Vault Review
  • Getting Clients
  • The Vault Mindset
  • Vault Marketing Strategies
  • Vault Services Training
  • Vault Sales Strategy Training
  • Build Your Agency
  • Done-for-You Vault Ladder Training
  • Funnel 101 Training
  • Funnel Automation Training
  • Vault Software Training
  • Facebook Ads 101 Training
  • PPC 101 Training
  • Campaign Reviews
  • Weekly Q&A Calls
  • Starter Campaign – Towing
  • Tier 1 Campaigns
  • Tier 2 Campaigns
  • Tier 3 Campaigns

You get all of this by purchasing the Foundation Package.

The package looks impressive. But SEO lessons are not included on their list.

SEO lessons come in advanced training packages. Here is a brief outline for each of them.

Core Package

This package includes everything in the Foundation Package.

It comes with additional support and training.

You get 1-on-1 calls making sure you understand what to do to start making money.

It also includes extra coaching and training that can help you start making more money faster.

VIP Package

This package promises a fast track to achieving success.

In addition to the first two packages, you will receive the followings:

  • Unlimited 1-on-1 calls
  • Extra prospecting training on how to use LinkedIn to get clients
  • The Local Marketing Vault team will set up your business for you, so you can focus on making money.

That’s how things are inside Local Marketing Vault.

You can pick the package that makes the most sense for your investment budget.

Local Marketing Vault Costs

The cost to join LMV depends on the training package you selected.

The lowest cost to join Local Market Vault is $4,000. It can go all the way up to $10,000.

Now, we are not giving the actual price for the LMV. We have no connection with Local Market Vault.

You decide whether you are comfortable investing with LMV at these prices.

Local Marketing Vault is constantly adding new sales strategies, funnels, and new resource materials through the years. As a result, their cost will increase accordingly.

It does not appear that the lowest cost to join Local Marketing Vault is $4,000 at the time of writing this review.

Would I join the course at a $10,000 price?

No, I would not. Because the Local Marketing Vault course doesn’t worth 10k for me.

Can You Make Money With Local Marketing Vault?

Yes, you can make money with Local Marketing Vault. The question is, how much can you make?

Some people claim to make more than $10,000 each month with this business model. However, earning claims are nothing more than marketing hype without proof.

The sole issue for us is it is not a passive income opportunity.

This business will require hard work in prospecting and setting up meetings with business owners that don’t know you.

You have to convince them why you’re the person that they need to generate more customers.

You must have good face-to-face sales skills to win clients.

If you cannot handle rejections, you will not make money with LMV.

Is Local Marketing Vault Worth It?

For those looking to earn passive income online, then LMV is not worth it.

If you love sales and are willing to cold calls strangers for a sales meeting, you will find this business worth it.

I hate face-to-face sales. I am speaking from experience. Not only have I done it, but I won’t do it again.

You might be different.

When deciding if Local Marketing Vault is for you, the first question you might want to ask is whether you are comfortable going out of your way to recruit strangers every day.

This business is best for someone who doesn’t mind recruiting strangers and selling a service.

If you are an introvert, your chance of success with LMV is not good.

There are other opportunities for you to make money without recruiting or sales.

I work from home, which is a unique situation. I make a good living without seeing anyone for months.

You might be interested in learning more about My Home-Based Business.

I am not saying this fit you, but who knows?

You might be interested in learning more about My Home-Based Business.

I am not saying this fit you, but who knows?

Local Marketing Vault Pros and Cons

We will start by saying every digital course has its issues. You need to consider the pros and cons of the training program before purchasing.

Here are a few of our likes and dislikes about Local Marketing Vault.

The Pros

  • It is a beginner course to learn online lead generation.
  • If you are a salesperson, mastering the prospecting strategies can help you get clients and make money.
  • Running paid ads is much easier than learning SEO.
  • No need to create your own digital ads. You get do-it-for-you Facebook ads and PPC ads.
  • You don’t have to spend your own money on ads if you can convince business owners to provide their credit cards.

The Cons

  • It is not a passive income opportunity. You have to work long hours and hard to make money.
  • The course is too expensive. It is not a training program for those struggling with money.
  • Lead generation is not easy to make money online. Following the steps does not guarantee success. You can easily get overwhelmed and burn out.
  • There are hidden expenses. After you pay to get into the LMV, there are services that you will need to pay for, such as Clickfunnels, Woofoo Forms, Zapier, and call tracking, to run the business. You are looking at $150 to $200 additional monthly expenses for those services.
  • It is hard to convince business owners to purchase your services over the phone. There are so many people out there offering the same lead generation.
  • Paid ads can be unpredictable. If the price gets too high, it can become unprofitable for your client, and they can leave you.

Final Review on Local Marketing Vault

Local Marketing Vault is not a business for those looking to earn passive income.

I have nothing against Local Marketing Vault.

It has to do with its business model. The lead generation business is very competitive.

You are competing against established marketing agencies for clients.

If you cannot bring good results, the business owners will not hire your agency.

Recruiting new clients to make money is tough.

Local Marketing Vault might want you to think lead generation is a passive income opportunity. BUT IT’S NOT!

Most people fail because they cannot sell the leads.

Why would you invest in a business that’s going to lose money?

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I hope this Local Marketing Vault review answers your questions.

Until next time.

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