**** Trademark of CLUBCO
CLUBCO
Copyright Jeffrey Babener www.mlmlegal.com
Editor's Note:
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Founding Story
CLUBCO was officially organized in the spring of 2006 in Utah. The Company officially launched in 2007.
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Impact on the Industry
NA
Discussion of Products
CLUBCO works with department stores to bring customers buyer rewards. The products range from pets to clothing.
Discussion of Opportunity
Members of this Company can shop at popular stores like Nordstrom, Petsmart, Foot Locker, Dick's Sporting Goods, (www.mlmlegal.com) and many others at a discounted price. They can also receive cash rewards. CLUBCO charges a modest membership fee annually.
CLUBCO's website states the following regarding its compensation plan:
Every merchant has a percentage of CLUBCO Rewards Value listed next to its name. The total sale amount (before s/h and tax) x the listed percentage = the CLUBCO Rewards Value that rewards are then figured from. (Example: $300 purchase x 75% = $225 CLUBCO Rewards Value x 1% = $2.25; you will earn $2.25 for a 1% Reward -- or $11.25 for a 5% Reward.)
The compensation plan is illustrated as follows:
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Discussion of Distributor Base and Sales Volume in U.S.
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** trademark of CLUBCO
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Jeffrey A. Babener, principal attorney in the Portland, Oregon, law firm Babener & Associates, represents many of the leading direct selling companies in the United States and abroad.
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