My Club 8 Review – Is This A Good Opportunity Or Big Scam?
You may have noticed that My Club 8 is getting a lot of hype and attention these days.
You might have had some friends in Network Marketing approach you about My Club 8, or you may have seen it on social media.
I want to let you know, first of all, that I am NOT promoting My Club 8 as my own business opportunity. I am not an affiliate or distributor.
I have gathered here all the facts about My Club 8 in my My Club 8 Review – now you can learn all you need to know about it.
Is My Club 8 really a legit business?
Is My Club 8 a safe business to join?
Let me show you in my review of My Club 8.
Exactly What Is My Club 8?
Looking at My Club 8, the company’s official website doesn’t make for a very good first impression at all.
You won’t find any word on the site in regards to who owns My Club 8, where it’s based out of, who founded it, etc.
Additionally, the private registration of the domain (that took place on January 10, 2017) hides mention of who the owner of the domain is or where in the world they were when they acquired the domain.
I was able to track down a press release that was created and published to the Laguna Blends website on March 13, and it hints that the company actually owns My Club 8.
As per that press release —
“Laguna Blends markets Hemp products utilizing its B to B Network along with driving traffic to its Club 8 online marketplace.”
After looking more closely into Laguna Blends, it came to my attention that the company is based out of Canada and claims to be a “product development, sales, marketing and distribution company for Hemp based products and solutions.”
Ray Grimm Jr. is the current President and CEO for Laguna Blends, and he first joined the company in May 2016 as the President.
Along with his involvement with Laguna Blends, Ray Grimm Jr has also spent some time with Actis Global Ventures, Xyngular, and Terry Lacore’s bHip.
Strangely enough, you won’t find any mention of this information anywhere on the My Club 8 website.
What Is The My Club 8 Product Line?
Referencing that press release on the Laguna Blends website once again, it makes mention of the company purchasing another brand by the name of “The Target.”
“This acquisition is a major step forward in establishing Laguna as an international leader in the global cannabis industry. The Target company has an extensive portfolio of intellectual property and hero driven CBD products including isolates, full spectrum oils, pain creams, oral sprays and other nutraceutical products.”
My Club 8’s product line appears to be building off of the one described above, and I’ve also come across some promotional material for something called “Nano Drops.”
According to My Club 8, Nano Drops allow you to “infuse your favorite water or beverage with the Anti-Inflammatory, Antioxidant, Neuroprotective benefits of Hemp CBD.”
There’s mention on My Club 8’s site that Nano Drops sell for $39.95, but this is likely to be pricing for affiliates and not retail customers.
What Can You Tell Me About The Compensation Plan For My Club 8?
Before getting too far into the compensation plan, I want to make it clear that the one I’m about to describe is just what My Club 8 is offering during the prelaunch stage for the company. It’s suggested that a new one will be offered when everything is officially underway, but for the time being, this is what we have to deal with.
The main goal with the current plan has to do with “locking in” affiliates with the purchase of $39.95 with a shipping cost. This is the same pricing model for Nano Drops, and this “locking in” of an affiliate is essentially someone who joins as a member and buys into a straight-line queue.
Unfortunately, there’s currently no mention as to what this queue is used for.
Affiliates who buy the $39.95 position are also able to earn on recruitment commissions that are paid down through 5 levels of recruitment.
Organized via a unilevel system, recruitment commissions are paid out at a rate of 2.5% based on the $39.95 that’s paid by the people joining My Club 8.
If you do a lot of personal recruiting, however, you can extend the number of unilevel teams that you can earn on. Recruiting six affiliates will allow you to make commissions off of 20 unilevel teams, enlisting eleven people bumps that number of to 50 teams, so on and so forth.
What Will It Cost To Join My Club 8?
Affiliates interested in joining My Club 8 are required to pay a mandatory membership fee of $39.95.
If you’d like to increase the overall potential of cash you can make with the company, you have the ability to buy a monthly autoship order that costs $99/month.
Is My Club 8 A Scam?
If you have heard that My Club 8 is a scam, then you’ve come to the right place to find out the truth.
What’s the truth – is My Club 8 a scam?
I would say not exactly. However, there are some things to be aware of before joining, which I have detailed in the conclusion.
You will only be successful by recognizing the weaknesses and finding a way to move past them.
Conclusion For My My Club 8 Review
Even though My Club 8 is still in the prelaunch phase, there’s no getting around the fact that this is nothing more than a pyramid scheme.
Let me explain.
First off, there isn’t anything being sold to retail customers. You could argue that Nano Drops are a product being offered by My Club 8, and while they are, they don’t qualify as a retail product.
Nano Drops are bundled with the affiliate membership plan, so only affiliates for My Club 8 can get their hands on them.
Along with this, the only way to earn any money as an affiliate is by recruiting other people to join the opportunity.
In other words, pyramid scheme.
Like all other pyramid schemes that have come and gone before My Club 8, the opportunity will likely shut down once recruitment activity slows down. This will cause current members to not make any money, and Mu Club 8 will eventually spiral into nothingness.
Most affiliates will lose out, Grimm will steal the lion’s share of all the earnings, and that’ll be all she wrote.
I definitely hope you have found value in my Review of My Club 8.
I went into a lot of detail so that you can make a proper decision about whether you want to join or not.
If you do decide to proceed with My Club 8, make sure you take the time to learn how to market yourself!
My training below can help you with that.