Are you looking for a Local Marketing Vault Review? If you want to make money online, you might have heard of James Bonadies and Jason Mckim. But you may wonder if they are a scam.
It’s my passion to help people learn about online money-making opportunities. Over the years, I’ve reviewed a number of programs like James Bonadies and Jason Mckim’s Local Marketing Vault.
In the past week, I have thoroughly researched James Bonadies and Jason Mckim’s Local Marketing Vault so I can tell you more about it.
As a disclaimer, I’m not affiliated with James Bonadies and Jason Mckim. It means I’m not paid to write this review. So you can be sure that my words are unbiased.
At the end of this review, I’ll also tell you a better alternative that has enabled me to make a full-time passive income online.
In this Local Marketing Vault Review, I’m going to cover the following.
Who Are James Bonadies & Jason Mckim?
The beginning of James Bonadies’ career was in education. After completing his MBA in Administration & Supervision, he worked as a Business Education teacher.
Eventually, he realized that on his own, this wasn’t going to provide his family with the lifestyle they desired, so in 2014, he began his agency. From there, he grew to 7 figures.
Jason McKim took a “real job” as a financial consultant after failing at the entrepreneurial journey he was on. His first job was in music, but he hated it and started learning SEO for a law firm’s marketing.
He took on some side hustles after he got good at it and woke up the entrepreneur within him. Then it dawned on him that he could do this for multiple businesses, not just the law firm.
He began working with paid traffic after becoming an SEO expert. This makes sense if there is a guy that does SEO and a guy that does education and they team up to create a comprehensive, value-filled course.
They have about 13K followers. They do not post very often (sometimes going for months without anything), but people seem to be engaged when they do.
Local Marketing Vault Overview
The Local Marketing Vault teaches anyone how to build a digital marketing agency for their own business from the ground up with paid ads. In a way, LMV is both a coaching program and a course.
There are dozens of training courses within LMV, ranging from getting your first client to automating your business once you’ve got it up and running.
It is the community within LMV that provides real value. The network covers over 2000 members who share a common objective. Once your monthly earnings are over 10k, you can gain access to the private network area of the group.
There’s a private Facebook group for answering questions that aren’t clear in the LMV training.
Having said that, let’s look at what the Local Marketing Vault course has to offer.
Start Here (Module 1)
In this section, you will learn how to get help and where you should focus your efforts. The vault is introduced in this module, and you get some important information here.
Jason takes you through every tab in the entire training platform in the first video.
In addition, he explains how to post a question to the Facebook group so a Vault member can answer it. You’ll definitely have questions, so this is important. You’ll get a lot done if you know how to ask good questions.
How To Get Clients (Module 2)
Local Market Vault provides many methods for getting clients, most of which are free to implement.
Clickfunnels is used almost exclusively by their landing pages, which are pricey to use.
Local Marketing Vault covers a variety of outbound marketing strategies. As opposed to creating valuable content, you’re sending cold emails, attending networking events, and making cold calls.
The course also has some more advanced methods that you can implement such as creating your own funnel for getting clients and setting up another automated system for finding clients.
Getting clients won’t be easy, in short. You’ll hear “no” a lot. So much so that under the client training section, there’s an entire section devoted to getting 5 No’s a day.
The Vault Mindset (Module 3)
Entrepreneurs must have the right mindset if they want to succeed.
To achieve success, Jason stresses the importance of persistence, consistency, and patience.
Jason McKim cautions against giving yourself “too many options.” But he puts it this way: If you can quickly spout a response when asked what your backup plan is, then you may be going about things wrong.
It helps some people to see how doing something is when it’s broken down very simply.
While it can seem overwhelming to imagine going from $0 per month to tens of thousands, focusing on acquiring only five clients each year tends to be more manageable.
Learn Marketing Strategy (Module 4)
Those of you who are interested in the program probably already know that the objective is to generate leads and get clients for them.
However, you can offer them other services based on their needs. You might start with a low-cost or low-risk service, then work up to more lucrative ones. This is known as the Value Ladder.
The Value Ladder is a principle we apply not only to our free advertising action plan but also to the vault campaigns.
Get To Know The Vault Services (Module 5)
So now we see that LMV’s business model has many different perspectives.
In order for clients to understand your services better, how do you categorize them?
Jason tells you that successful businesses take into account three main categories: brand, customers now, and customers later.
You will also learn how to optimize your Google My Business listing. Do you know how you can search a business on Google, and it will appear on a map?
Google My Business accounts are the only way for businesses to appear on Google. People tend to choose businesses that appear in the map section, so this is an invaluable feature.
Video marketing is another interesting service that fits into all three of the major service categories. By doing this right, your brand can gain exposure on social media and gain you, customers, as well.
Learn Sales Strategy (Module 6)
Vault offers a number of unique things when it comes to teaching you about sales.
In the first video, we discuss how to view things from the client’s perspective and identify what matters to them.
When it comes to sales, most people make the mistake of thinking about themselves and not thinking about the interests of the other person.
They’re trying to sell their services. As a result, they are too focused on the numbers and are not considering how they can be of value.
Landing pages, SEO, and other such terms typically mean nothing to a client.
The conversation should focus on things like getting more sales calls, having more time in their day, etc.
Build Your Agency (Module 7)
In this section, we explore why we decided to start our own business. Getting rid of this part of the course might seem to be the simplest choice.
Jason explains how to open a business legally under the framework of a sole proprietorship and an LLC.
Later, he teaches you about things that you can write off, like your course investment and your computer.
In addition, he gives you a few tips to name your agency. If you are pretty frugal about spending and like to watch your pennies, you might be wondering what the cost of the tools you need to run your agency is.
There are several strategies that Jason gives to help you avoid spending your own money on tools.
The Vault also walks you through pricing strategies so you won’t be left in the dark. They break down pricing very precisely.
The Vault provides you with helpful tools such as business accounting tips and intake forms. This makes you feel more confident and professional.
In addition to retargeting traffic that businesses are already receiving, email marketing is also discussed as a way to attract customers.
What’s A “Done For You” Value Ladder? (Module 8)
This module explains how to provide a free “Brand Reputation Report”, which is a list of all the reviews that a business has received on Google, Facebook, and other sites.
Learn Everything About Funnels (Module 9)
Jason explains every aspect of ClickFunnels so you never feel confused.
An entire video is dedicated to turning off the ClickFunnels affiliate badge so your client’s customers have a distraction-free experience.
Besides picking a domain name, he also shows you how to integrate ClickFunnels.
He continues by explaining how to create better forms with Wufoo than ClickFunnels.
You then learn how to clone vault funnels, so you are rarely building anything from scratch.
Become A Master At Funnel Automation (Module 10)
Do you imagine super-complex technologies that require a scientist when you hear the word automation?
While it might sound intimidating, James and Jason do a great job of making it simple. Simple things like sending your client a notification every time a new lead comes in are valuable.
Whether it is a “welcome” email or follow-up emails, you can use the autoresponder tool to accomplish both. Each of these strategies includes a short video explaining how it works so you don’t get lost.
Here you will also learn how to set up the automated lead spreadsheet.
Get To Know The Vault Software (Module 11)
Two tools are discussed in this lesson.
First is the automated follow-up tool from the Vault, which I love.
A second option automates the process of receiving reviews, as well as sending out an alert whenever a bad review appears so it can be fixed.
Become A Facebook Ads Wizard (Module 12)
The first video introduces you to the business manager and says you can start by opening up two right away.
They then teach you everything you need to know about setting up a tracking pixel, researching Facebook campaigns, and how to design different types of campaigns.
As well as duplicating and testing your ads, scale, retargeting ads, and even creating simple videos for your ads, the main points of running a campaign are covered.
Additionally, you will learn how to increase your advertising account limit and maximize the performance of your campaigns.
Learn Facebook Messenger Chat Bots (Module 13)
This video provides an overview of the process of creating a list, just as you would create an email list.
How do email lists and Messenger lists differ?
One thing for sure is that, at its lowest point, Facebook Messenger’s open rate is 95%.
In addition, you can automatically welcome visitors to your page with an automatic message.
Learn Google Ads/PPC (Module 14)
This section will teach you how to research keywords and competitors, build landing pages, and choose a domain name quickly, so you can get up and running right away.
Besides the basics, advanced concepts, such as display ads and Gmail ads, will also be covered.
To wrap your keyword phrases, you can use AdWords Wrapper.
Look At LMV Campaign Reviews (Module 15)
In this section, each one of the videos is about an hour long.
There is also a full campaign presented by a student.
One example from the House Painter video goes as follows: The term “paint colour” wasted about $20 because the student didn’t use this strategy of performing a Broad Modified and Phrase Match keyword search.
Listen To Every Single Q&A Call (Module 16)
You can always watch a Q&A session on their website if you miss one in the vault.
The speaker at the LMV Live 2019 event, Todd Taylor, said that he was actually speaking at (pretty small) seminars, basically giving them every little bit of information possible.
Let’s Look At The Vault Campaigns (Module 17-20)
Now that you have the tools, the training, and the strategy, all you need is the client.
You can quickly get started with your client setups and your campaigns by using Local Marketing Vault’s 32+ marketing funnels, training, and more.
Essentially, these are templates that can be applied to campaigns without having to start from scratch each time.
You can market to 32 different types of businesses, divided into tiers ranging from 1 to 3. You could charge a higher retainer to market for a client at each tier.
You will learn every step you must take in order to generate leads for your client’s business. Although more or less the same technical setup applies, the copy and offer will differ according to your industry.
Additional Services of Local Marketing Vault
Members of the Local Marketing Vault can also take advantage of a number of other services. One of them is the Tech Concierge service.
Whether you’re having trouble setting up a Facebook pixel or having issues with landing pages, you can call Tech Concierge and they’ll help you.
There is a charge for the service. The amount of time you receive from support is determined by the number of credits you purchase. You can buy support at a minimum of $25 dollars per hour, or about $25 per hour on average.
There is a link on the Local Marketing Vault homepage to Fundwise, a business loan provider.
Done For You Funnel
There is a service like this in the Local Marketing Vault, but I was unable to find any further information about it.
If you hire a small team to manage your Facebook group, they can set up the whole marketing campaign for you.
The service was obviously not free and was targeted towards people who either did not want to do it themselves or could not figure it out on their own.
It was not a very popular service, but it did exist.
LMV 10K Club
Local Marketing Vault members who make 10K+ a month can also share their journey in the 10K Club, which offers plaques to those who submit their information.
James and Jason will be able to interview you and use your responses as social proof if you decide to participate in the interview.
The LMV Live webinar and Facebook Live events may invite you to speak as well.
Local Marketing Vault Pricing
The Local Marketing Vault does not come cheap. It can cost anywhere from 3k to 6k, but you should expect to spend at least 3k. As most people don’t have the resources to pay out of pocket, they can be split up into payment plans.
Payment in instalments is an option, but you may not be able to access VIP sections until the last payment has been made.
The VIP section is not necessary for the base training, but merely an added bonus for full-payment users.
Local Marketing Vault is expensive compared to other training
Local Marketing Vault Pros And Cons
- Beginners will find it useful – Local Marketing Vault claims you don’t need marketing experience to use it. This is true for the most part since lead generation encompasses everything you need to know. Marketing Strategy Training, as well as Sales Strategy Training, are included in this plan. Also included are hours of Facebook Ads and PPC training, as well as the Vault software.
- Local Marketing Vault can be relied upon based on testimonials – Your first impression of Local Marketing Vault will be the glowing testimonials found on the website. Students were able to generate 30 leads for wedding photographer clients within three days, and another had multiple clients contact her within a short period of time.
- Support group on Facebook and live Q&A sessions – The Local Marketing Vault offers a lot of valuable information, but entrepreneurs can benefit from asking questions and finding a supportive group.
- The course is too expensive – On its website, you will not find the price of the training program, and this omission seems deliberate. You need to speak with the owners of Local Marketing Vault about the cost. This training program may be affordable if you have a sizable savings account or a generous credit card limit.
- If you reside outside the U.S. or Canada, you may need to adjust the formula – Local Marketing Vault has received many complaints regarding this issue. Lead generation strategies taught by James and Jason are typically effective in the United States and Canada, but there are a few rules that apply to the United Kingdom, Australia, and other countries as well.
Are James Bonadies & Jason Mckim a Scam?
James Bonadies & Jason Mckim are not a scam.
At least I don’t have sufficient evidence to say so. You should be able to learn how to make money with a digital agency. However, it doesn’t guarantee success.
The Digital Marketing Agency business is very competitive, and it takes a lot of time to build your brand and establish your authority in the industry. That’s why most people fail to make a penny.
You have to invest a lot of money in running ads in order to build your brand awareness and find prospects.
And that’s just the first step. You also have to contact them one by one and close the deal on the phone.
After you close the deal, you also have to handle ongoing customer service. It’s very time consuming and not a kind of passive income. You cannot enjoy financial freedom even if you successfully get a few clients.
I guess James Bonadies & Jason Mckim make a lot of money from selling this online course instead of his own digital marketing agency. Otherwise, he should be focusing most of his time and resources on his agency business.
Therefore, if you are new to an online business and want to start a digital marketing agency from scratch, I wouldn’t recommend it.
Instead, there is a much easier and better alternative where you can start today to make enough passive income for quitting your job. This alternative has enabled me to make a 4-5 figure monthly passive income.
I will tell you more in detail in the next section.
Is There a Better Alternative to Make Passive Income?
If you are new to online business, I’d recommend you to start with affiliate marketing, which is one of the best online business models.
This is because, in affiliate marketing, you can run your business almost with zero cost and achieve a steady passive income without any trouble with paid ads.
I’d recommend you to get started with the most reputable platform for affiliate marketing: Wealthy Affiliate.
Wealthy Affiliate is an all-in-one platform for building your affiliate marketing business from scratch.
It offers you a free account (including a free website) with comprehensive training on SEO (free traffic methods), which enables you to get started with affiliate marketing right away without paying a penny.
But How Much Can You Earn with Wealthy Affiliate?
A 21-year old student from Wealthy Affiliate was able to earn $7,395 in just 1 week, which means he made more than $1k a day…all while using free traffic methods.
Wealthy Affiliate has existed for more than 10 years and there are many success stories over the years.
To give you more examples, here are some of the other inspiring success stories of Wealthy Affiliate members.
Where to Join Wealthy Affiliate?
Wealthy Affiliate has a very simple pricing scheme. It has a free and premium membership.
If you want to feel about Wealthy Affiliate, you can sign up for the starter membership here (no credit card required). You can select to be a free member with no time limit.
And as a starter member, you can get instant access to the community, live chat, over 500 training modules, 2 classrooms, networking, commenting, 1 free website, access to the keyword tool.
You can enjoy all these values without paying a penny.
So I strongly recommend you to register a free account and see it yourself.