TLDR: What’s The Verdict On Jay Jones’ Online Assets
By the end of 2025, eCommerce sales are expected to reach $7.4 trillion. Online Assets, and the many other eCommerce companies out there, know this potential. That’s why they are banking on this business model.
It’s true. In fact, 58.4% of internet users buy something online every week. If there were 5.3 billion internet users worldwide, that means more than half of them use an eCommerce platform to buy a product.
Does that mean you can go ahead and give your $50,000 to Online Assets? Well, hold your wallet first.
Buying an existing eCommerce store won’t exempt you from the daily operating problems other sellers face. And since nothing prepared you for this (you got your store already up and running, no sweat), you might find yourself overwhelmed.
Keep in mind that despite thorough research before purchasing a shop, there’s always a risk of uncovering hidden issues. For instance, the shop’s inventory management system may not operate as expected. Or the customer service system might lack efficiency. Once the store is bought, any associated issues become yours too.
But what if…
What if you can create a new income source, independent of Amazon or Shopify, and see profits within your first few days? Picture a system free from inventory hassles, poor margins, customer complaints, or the need for constant monitoring. What if it consistently generated $2,000 – $10,000 month after month?
If this piques your interest, explore the realm of Digital Leasing. But if you want to get an inside look at Online Assets, continue reading.
Who Benefits From Online Assets And Who Should Stay Away From Jay Jones?
Online Assets’ ready-made stores may be for you if:
- You have thousands and thousands of extra money lying around and it’s okay for you to risk it for an online store.
On the other hand, Online Assets may not be your best bet if:
- You’re not a fan of surprises. This Reddit user explained why buying an established eCommerce business is a bad idea. They said you’d discover the lack of accounting, SOPs and inventory management only after the purchase.
- You don’t have at least $20,000 in open business credit. You need it to pay for the product, ads, software, and tools. This is on top of your initial investment.
- You want to see some real stats and testimonials. You won’t see anything from their website and if you see a screenshot from Jay’s presentations, the numbers are all grayed out.
1,000 FT View Of This Online Business Opportunity: Is Online Assets Scam Or Not?
Program Name | Online Assets |
---|---|
Owner | Jay Jones |
Price | starts at $50,000 |
Refund | 24-month buy-back guarantee |
Website | https://onlineassets.com/home |
Business Model
Online Assets operates a “fix and flip” business model. But instead of doing it for houses, they do it for digital stores.
They buy existing e-commerce businesses, make them better, and increase their profits. Investors fund this process and, in return, get cash flow and ownership in the business.
The aim is to sell the improved businesses at a higher price, providing a return on investment.
This strategy uses smart management to turn existing digital brands into successful ventures, offering a unique investment opportunity in the e-commerce world.
About The Owner – Jay Jones
Jay Jones is a prominent figure in eCommerce and luxury travel. He has swiftly ascended from a college dropout to the builder of multiple 7-figure brands while globetrotting.
He began backpacking across Europe and Thailand using tuition money. Then Jay and his girlfriend ventured into eCommerce by cash advancing $5k worth of clothes.
From living in their car and tents, they persevered. They sold clothes at music festivals until hitting their first $100k. Their nomadic spirit led them to Bali. There, they launched a dropshipping business and sold a 7-figure store. They also started an Instagram marketing agency.
Jay is known for leveraging social media to stay in hotels for free in 40+ countries. He has now settled on Shopify, founded an automated company, and exited several 7-figure brands. Currently, he is scaling an automation company to create passive income for others. He also offers established, non-automated eCom stores through Online Assets.
Socials | Link | No. of Followers |
---|---|---|
YouTube | https://www.youtube.com/channel/UCCE7DCnmo9VdJn84sJcLjag | 1.11k subscribers |
https://www.instagram.com/creatextravel/ | 95.8k followers | |
https://web.facebook.com/jayjones.cxt | — | |
Bio Site | https://bio.site/jayjones | — |
How Much Does Online Assets Cost?
The cost of acquiring eCom stores from Online Assets starts at $50,000. The stores available for purchase exhibit varying levels of profitability. There are some reportedly making up to $10,000 per month.
Is Online Assets A Scam?
Let’s address the key question: Is the “Online Assets scam” accusation valid?
Technically, it’s not a scam; they won’t disappear with your money.
However, the profit potential of their pre-made e-commerce stores isn’t as risk-free as they claim.
Here’s the deal: You purchase a $50k store, and you don’t make your money back within two years, Online Assets will buy it back from you for the difference not generated. It seems like a win-win for them since this still sticks with their “buy low, sell high” mantra.
Personally, I prefer investing that time in building Digital Rental Properties. With each generating $500-$2,000 monthly with recurring income.
The cool part? You can start with a few hundred dollars and do it from anywhere globally with just an internet connection. This creates a true “laptop-lifestyle” business.
Friends have even run their six-figure Digital Leasing businesses from camping trips or beachfronts.
If the idea of living and making money at your dream vacation spot intrigues you, Digital Leasing might be your thing!
What’s My Personal Opinion On Online Assets?
If you’ve been keeping up with ScamRisk, you know I’ve dived into various money-making programs. This includes Online Assets.
With many reviews out there, figuring out the credibility of such opportunities can be tricky.
So, how do you assess something like Online Assets? Here’s my approach:
- Owner’s Real-World Experience: I check Jay’s actual experience in running an eCommerce business to ensure credibility.
- Community Support: A private Facebook group or online community is crucial for support when facing challenges.
- Program Value: I evaluate the program’s value relative to its cost, ensuring a substantial return on investment.
- Creator’s Transparency: Examining Jay’s transparency about costs, upsells, refunds, and the overall deal ensures clarity.
- Public Feedback: Checking feedback from reliable sources like Trustpilot, Reddit, or the BBB provides insights into the program’s real-world impact.
What’s My Recommendation On Jay Jones’ Online Assets?
Applying these criteria to Online Assets, let’s see how it measures up.
Jay Jones has some successful eCom stores so the experience of the owner is positive.
You’ll have a ready-made system in place so you’ll save time doing trial and error.
Now, here are my top three reasons for not recommending it:
- High Initial Investment: Acquiring a business through Online Assets starts at $50,000, which may be a barrier for those with limited capital.
- Ongoing Expenses: Buyers are responsible for covering operating expenses, including product costs, paid ads, and software/tools, in addition to the initial investment.
- Lack of Public Feedback: The absence of public reviews on platforms like Trustpilot or BBB makes it challenging to assess others’ experiences.
What’s Inside Online Assets?
Online Assets doesn’t provide a coaching program, just this automated opportunity. They won’t teach you how to start a dropshipping business or Amazon FBA.
If you’re looking for mentorship and training, you can check out other programs like the eCom Good Life reviews, eCom Degree Univerty reviews, Rachel Rofe reviews, and Skup reviews.
Conclusion – Should You Buy Jay Jones’ Cash Flowing Ecom Store?
No, I wouldn’t recommend buying an already established store from Online Assets.
Online Assets seems promising, but some aspects are unclear. You can’t visit showcased stores directly, and data on how these stores perform is limited.
The company claims features in Forbes, NBC, FOX, and others, but when you search, you can’t find any. A single testimonial from Igor talks about a six-figure payout in two years but lacks present gain details.
So I’d rather go for a proven and tested business model like Digital Leasing.
What Is My Top Recommendation For Making Money Online In 2024?
After exploring various business models, I recommend Digital Leasing for beginners entering the online business world.
- Flexibility: When buying an established store, you also buy the issues that come with it. You have to deal with production, inventory, shipping, returns, and customer complaints. This is the reality every online seller faces. That’s why I choose Digital Leasing over this. Whether you have just an hour to spare or want to go full-time, Digital Leasing is tailored for “passive income” – more gains with less effort.
- Ownership and Control: In any eCommerce store, while you can control aspects like branding and marketing, you don’t have ownership and full control over the platform itself. Amazon and Shopify still have the final say. Digital Leasing grants you outright ownership of assets, ensuring control and impressive profit margins ranging from 90-95%.
- Low Startup Costs: Unlike Online Assets that you need to have a minimum of $50,000 to get started, you can start with minimal upfront expenses with Digital Leasing. You might even start earning before spending a dime, and your initial property can go live for less than $100.
- Minimal Ongoing Expenses: Jay Jones said you also need to have $20,000 in open business credit for operating expenses. Digital Leasing keeps it straightforward with minimal maintenance and expenses.
- Easy to Duplicate: Once your first digital property is up and running, doubling your income becomes a breeze – just a few clicks, keystrokes, and maybe a call away.
- Helping Real People: Digital Leasing extends beyond numbers, allowing you to support local businesses and make money while genuinely impacting people’s lives.
The choice is yours. Keep exploring, keep researching, or join a community of over 2,000 successful students living life on their terms with Digital Leasing.
Experience a steady, semi-passive income stream that doesn’t demand constant attention.
Your success goes beyond numbers – it’s about assisting real people who appreciate and happily pay for your services.
If consistent income, flexibility, and helping others align with your goals, click here to learn more about Digital Leasing.