Chatmatic is a new software product developed by Travis Stephenson. It claims to be revolutionary to the field of social media marketing. At the time of writing this product is selling for $997 US. For a Canadian like me that's a whopping $1,335.98 after the conversion. It's not a cheap program and I couldn't afford to buy it myself so let's see what you get for your money based on research and my personal opinion to date.
Chatmatic can be best described as an mail autoresponder but for Facebook Messenger exclusively. It uses your website fan page (you need to create one of your own if you don't have one) to comment back on posts.
You make up your post and place it on your fan page. When one of your fans comments on that post, The Chatmatic software will then read and take those comments and in turn send that fan a private message via Facebook Messenger app.
An artificial intelligence bot will then create a message telling you (the fan) that you are now free to link to your website, your sales page or opt-in to your store if you have one.
It will further ask if you do and if you answer yes, it will again automatically generate an 'Authorization to use your Facebook' account to sign up. If you say yes it captures your email and it's game on.
The message is not publicly displayed as the bot sends you the message to your private inbox so you see it immediately.
It's actually a brilliant strategy on Chatmatic's part and an easy way to capture your email and build a list.
The reason it has come up with this type of format is because of all the Facebook users surveyed over 80% said that they would gladly accept the invitation and to use their Facebook account as a sign in. That is a very high percentage and this is the golden goose for Chatmatic.
Chatmatic claims that this ill be the new way to capture emails as most users would just hand over entry into their existing accounts.
Think of how many times you have accepted an invitation to sign up for a website and they have asked permission to use your Facebook or Google+ accounts to sign in. I have signed up to a ton this way, so maybe they're on to something here.
How Will I Make Money With CM?
Chatmatic is your new auto responder in this scenario. In every online business they all stress the importance of having an auto responder to capture and build your email list. Facebook Messenger they say is one of the fastest growing social media apps out there and Chatmatic is going to capitalize on this burgeoning market.
According to their own research, Chatmatic has come to the conclusion that most people will click on an ad sent to them vis private Facebook message than they are to click on any other Facebook ad. I know for myself that I rarely ever click on a Facebook ad. I have never been sent one via private message. I do belong to a lot of fan pages so maybe there is a lot of room here for Chatmatic to do well helping you build a customer base.
Chatmatic claims to be able to double the open rates for your email list. Traditionally it gets a 40% response rate, meaning that this software will double that to 80%. That means a double in potential customers for your business.
Whether all those customers convert into buyers and you make money is pure speculation at this point. All its done to this point is doubled your chances of doing so. It's like buying an extra ticket for the same lottery, now you have two chances of winning instead of just one.
Chatmatic surveyed 1000 people and 80% of them said they were more likely to buy something if they talked to someone. I wonder if they asked the same people if they would buy from an artificial intelligence bot that they were having a convo with. Maybe the percentages would be lower. It is a great way on the part of Chatmatic to engage with customers. Yes, talk to them. They just have a bot doing it and nobody is the wiser for it.
Pros and Cons
- ability to sell to more people
- grow your fan page and create awareness for your brand
- compatible on any device
- runs on auto pilot and gives you the ability to scale your business
- built in and acts as an autoresponder
- lifetime support and upgrades
The barrier for me is the high price of entry. At $997 it's a very expensive product. It will have to come down if it wants to scale it's own business, because the only people this will benefit are those with an extremely high fan base and the financial means.. Who knows as time goes on the price may come down with new editions launched. For newbies just starting out in an online business will not be able to do anything until they have fans visiting a page, if they even have one.
Money Making Tip!
You don't need to bug your family and friends and worry about who is going to buy your products and services. Forget about words like MLM, Pyramids and 'Get Rich Quick' schemes. Let's just stop all the confusion and admit that none of that works and nearly all of what you hear and read online is bullshit. You need more than single use tools like Chatmatic to make money online.
Learn how to build a real business online....
My Final Take
I have not bought the product and don't intend to because my fans do not warrant me spending $997. I have nobody that's commenting on my fan page posts anyway, at least not enough of them. If you do, then this may work for you.
Have you tried out or bought Chatmatic? If you have I would love to hear about your experience. If you have any further questions, comments or feedback just drop them in the box below. Thanks for stopping by and reading my article on Chatmatic.
Verdict: Expensive, Be Cautious
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Hi there, my name is Peter, it's so great to meet you. I started this website back in 2015 to help educate and inform people on the many ways to make money online. There are so many scams out there that need to be revealed. I also explore ways on how we can turn our time into dollars working from home.
I hope you find some of the tips and suggestions that I've experienced helpful on your own online journey.
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