TESTIMONIAL SUPPORT DISCLOSURE
January, 2021
This disclosure is presented for the purpose of providing adequate substantiation to support claims made in consumer endorsements and testimonials which appear on the company’s website, and to demonstrate the results that consumers generally achieve, in accordance with the Federal Trade Commission’s Guides Concerning the Use of Endorsements and Testimonials in Advertising 16 CFR Part 255.
On [INSERT DATE] Wyatt Research submitted to its customers, a survey regarding their experience with the Earnings Season Trader product offered by Wyatt Research.
Wyatt Research emails every purchaser of its programs and products and asks them to participate in a survey related to their program participation or product use.
The survey is conducted with a view toward determining the average or “typical” results of program participants.
306 customers responded to this survey.
Not all survey respondents responded to every question presented. The results of the survey are summarized below.
All percentages have been rounded to the nearest percentage point.
Prior to finding the Earnings Season Trader newsletter, 65% (199/306) were investing regularly; 25% (76/306) were investing occasionally; 8% (25/306) were investing rarely; and 2% (6/306) had never invested.
72% (221/305) of respondents have had a brokerage account for 5 or more years; 10% (29/305) for 3-5 years; 14% (42/305) for 1-3 years; 1% (4/305) for 6 months; 3% (8/305) for less than 6 months; and less than 1% (1/305) have never had a brokerage account.
Overall, 53% (160/303) find the publication useful; 26% (80/303) find it extremely useful; 14% (43/303) do not find the publication useful; and 7% (20/303) do not read the newsletters.
Since registering, 34% (103/303) have invested $0-$5,000; 24% (72/303) have invested $5,000-$10,000; 25% (75/303) have invested $10,000-$15,000; 8% (24/303) have invested $50,000 or more; and 9% (29/303) have invested $100,000 or more.
Since registering, 58% (175/302) have earned $0-$5,000 in profits; 14% (43/302) have earned $5,000-$10,000; 7% (22/302) have earned $10,000-$50,000; 1% (4/302) have earned $50,000-$100,000; less than 3% (8/302) earned over $100,000; and 17% (50/302) responded that this question was not applicable to them.
Since registering, respondents have increased their annual rate of return on investments as follows: 28% (85/299) had an increase of less than 5%; 16% (48/299) had an increase of 5-10%; 13% (40/299) had an increase of 10-20%; 4% (13/299) had an increase of 20-50%; less than 2% (5/299) had an increase of 50-100%; less than 1% (1/299) had an increase of over 100%; 17% (52/299) did not experience an increase; and 18% (55/299) responded that this question was not applicable to them. 40% (123/303) feel that the product has had a positive impact on their earnings from investments. 30% (90/303) of respondents did not feel that the product has had a positive impact on their earnings from investments; and 30% (90/303) are undecided as to whether the product has had a positive impact on their earnings from investments.
38% (114/301) responded that the amount they now make on investments is greater than before they began using the product. 40% (121/301) responded that the amount they now make on investments is not greater than before they began using the product; and 22% (66/301) responded that they do not know whether they are now making more on investments than before they began using the product.
28% (85/304) of respondents have had an average gain per trade of less than 5% using the research and alerts from the newsletter; 20% (61/304) had had an average gain per trade of 5-10%; 16% (49/304) have had an average gain per trade of 10-20%; 4% (13/304) have had an average gain per trade of 20-30%; less than 1% (3/304) have had an average gain per trade of 30-50%; and less than 1% (2/304) have had an average gain per trade of greater than 50%. 30% of respondents responded that this was not applicable to them.
37% (112/303) of respondents would recommend the product to friends and family; 25% (77/303) would not; and 38% (114/303) are undecided.