Welcome to my Six Figure Stamp Club Review.
One of the questions that we are going to take a look at is if Six-Figure Stamp Club is a scam or not.
We wouldn’t want to join an opportunity that gets shut down a few months later due to a government shutdown or bad business practices.
We are going to research and review the information about the company, the products, and the compensation plan to see what the company is really all about.
We decided to take a closer look at this company due to the social interest that we started to see about it.
With that said, let’s dig in and see what we can learn.
UPDATE: Six Figure Stamp Club Shut Down?
It appears that Six Figure Stamp Club has been shut down or has closed.
The reason I say this is that I can’t access the company website anymore, and it redirects to a different (totally unrelated) website now.
If the company has rebranded or simply changed domain names, let me know in the comment section below.
Six-Figure Stamp Club Review – What Is It?
Six-Figure Stamp Club is an affiliate marketing program that you can join and make money with the opportunity that it offers its members.
It is presented to be a direct mail opportunity where you and the company can send out mail to people’s mailboxes and read a letter that explains how you can make money by simply mailing out the same letter.
The opportunity offers several levels that cost anywhere from $80 to $1500 to get started.
The company is an affiliate marketing program that offers 2 levels of commissions and the niche that I would say that the program is it would be considered the direct mail money-making niche.
The Company Overview
One of the things that we like to see in any company that gives us the opportunity to earn money is to see who owns or runs the company of the company website.
This gives the new person that is thinking about joining the opportunity to learn more about the background and experience that the owner has.
It also offers transparency which is a great thing, I mean, why would a person that owns a company not be proud of letting others know who is running the show?
Unfortunately, Six Figure Stamp Club doesn’t offer any information about who is running the show on any of the company pages.
The only thing that we were able to find is some domain name information which is:
- The domain name “sixfigurestampclub.com” was registered on 11-9-2018
- The domain name was registered privately.
Because it was registered privately, there is no additional information that we found.
The address that was found for the company is a P.O. Box found in Columbus, Ohio.
Other than that, that is all of the information that we have found about the company and who runs it, unfortunately.
With that said, let’s continue.
Another great review: Abundance Network Review – Scam or Legit SMS Platform? Compensation Plan Exposed
What Products Does Six-Figure Stamp Club Offer?
In this section of the review, we are going to look at the products that Six Figure Stamp Club offers.
One of the things that you will want to offer when you promote an affiliate program is some type of product even though you are not required to offer the product for retail.
This is because only MLM companies are required to offer retail products which also need to have a certain ratio of retail to member sales to be in compliance.
However, Six Figure Stamp Club offers membership to discounted mailing list leads and mailing material.
The mailing material is mainly the letters.
The system also gives you the ability to add your own programs that people can see and join through the homepage of your replicated affiliate website.
I also understand that the higher the level you join, the more stamps you get from your customers when they join, but this is from your customers, not from the company.
That is basically all there is to the products that the Six Figure Stamp Club offers, let’s continue.
Another great review: 30 Day Success Formula Review – Mail Scam or Legit? Compensation Plan Details
How Does The Six Figure Stamp Club Compensation Plan Work?
In this section of the review, we are going to take a look at how the compensation plan works and how you can make money with the Six Figure Stamp Club.
The prospective members of the Six-Figure Stamp Club need to send a payment to their enrolling member and also to 2 other members at the same time to join the program.
This is all done through the mail, so you are going to need to either go to the post office and get some envelopes to send off some money to 3 different addresses in total to get started.
Compensation Plan Structure
The compensation plan is structured in a unilevel pay plan.
For those that are unfamiliar with how the unilevel compensation plan works, here is a quick breakdown:
- 1st Level – The first level of your unilevel compensation plan will only have members that you have personally recruited.
- 2nd level – The second level of your unilevel compensation plan structure will only have team members that your level 1 members personally recruited.
- 3rd Level – The third level of your unilevel compensation plan structure will only have team members that your level 2 members personally recruited.
- and so on…
This is not your typical unilevel pay plan in the sense a back-office takes care of all of the commission transactions between members, you have to actually physically send money to your upline members so that they can get paid.
This transaction fortunately only happens one time per member.
How You Get Paid
When you mail out the postcards or advertise online or however you are going to market your Six Figure Stamp Club, the prospect will get a letter.
The letter will have a marketing message that says that you can make money by sending the letter to others and get paid through a few levels.
The letter will show that you will have to send money to 3 addresses that will include your direct upline which is the person that shared the letter with you, their immediate upline, and then the company.
They will have to send 3 separate letters with the amounts listed on the letter to get started.
The person or prospect will also send a book of stamps, the number of stamps will depend on the level that the person joins.
Once everyone on that letter receives that person’s money, they will get access to a back-office and resources to start sharing the same letters that they received.
Six-Figure Stamp Club Levels That You Can Join
There are a total of 4 levels that you can join at.
The first level starts at $80 and the last or highest level will cost you $1,500.
Here is a breakdown of what each level will cost to join and the amount of money or commissions that you can earn when you join at that level:
- Red Level – The Red Level will cost $80 to join (3 letters will have to be sent out with the amounts specified in the letter). Once everyone receives there payment you will be able to earn $50 from your directly recruited members and $20 from their (3rd level) directly recruited members with $10 going to the company.
- Blue Level – The Blue Level will cost $190 to join (3 letters will have to be sent out with the amounts specified in the letter). Once everyone receives there payment you will be able to earn $150 from your directly recruited members and $40 from their (3rd level) directly recruited members.
- Black Level – The Black Level will cost $440 to join (3 letters will have to be sent out with the amounts specified in the letter). Once everyone receives there payment you will be able to earn $300 from your directly recruited members and $100 from their (3rd level) directly recruited members with $40 going to the company.
- Pearl Level – The Pearl Level will cost $1500 to join (3 letters will have to be sent out with the amounts specified in the letter). Once everyone receives there payment you will be able to earn $1000 from your directly recruited members and $500 from their (3rd level) directly recruited members.
That is basically how the compensation plan works and how you make money with the Six Figure Stamp Club opportunity.
Not that hard to understand, but not as automated compared to the majority of programs and money-making companies that are out on the Internet.
With that said, let’s continue.
Another great review: Digital Income System Review – High Tier Scam? Compensation Plan Breakdown
My Six Figure Stamp Club Q and A Section
In this section of the review, we are going to answer some of the questions that people may have when thinking about joining the Six Figure Stamp Club opportunity.
Is Six Figure Stamp Club BBB Accredited?
No, Six Figure Stamp Club is not accredited with the Better Business Bureau at this time.
This is not an indication that the company is a scam, it simply means that they are not listed or have accreditation.
There are also several companies that we have come across that are 100% legitimate and are not listed or accredited with the BBB.
I don’t think it really is a big factor anymore whether or not a company is not listed with the BBB, it’s not like it was many years ago.
What’s The Cost to Join Six-Figure Stamp Club?
The minimum cost to join the Six Figure Stamp Club opportunity will be $80 to start earning.
To go all-in you can either join and get started at the Pearl Level which is $1,500 or join at every level which will cost a total of $2,210.
Next, we are going to answer the question that many of you have been waiting for which is…
Is Six Figure Stamp Club a Scam or Legitimate Opportunity?
In my opinion, I can’t really say that the company is a scam but it does cause concern for us.
There are a few things that I can point out which make us worried which are:
- The “product” that they offer is the same on all membership levels.
- The company is designed in a pay to play a money-making program.
I wasn’t able to locate who owns this program which also brings up our concern as well.
Any legitimate company that an owner is proud of would not have a problem with the owner offering some kind of story or background content on one of the company website pages.
I wouldn’t call it a scam, but the program does lean on the line of being a Ponzi scheme if I were to be 100% honest.
With that said, let’s continue.
More related articles: Affiliate Program Reviews, Scams, and Compensation Plans
My Final Six Figure Stamp Club Review, Thoughts, and Bonus
In the last section of the review, I am going to share my final thoughts about the Six Figure Stamp Club as a whole.
We have taken the time to research and review the information about the company, the products, and the compensation plan.
We have shared our thoughts about whether or not we think that this program is a scam and shared out concerns.
At this point, you should have a good idea about what it is, what the company offers, how it works, and how you can make money with it.
So, what are your thoughts about it this far?
But here is the question…
Would we recommend joining the Six Figure Stamp Club opportunity?
We would not recommend the Six Figure Stamp Club as a long-term business that you can earn long-term commissions with.
The business model has many flaws that we discussed earlier that make this recommendation not to join easily for us.
I hope you enjoyed my Six Figure Stamp Club review.
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