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This is our Prime My Body MLM business opportunity Coffee Talk.
The recent explosion of the CBD oil industry has created many new mlm CBD oil companies.
In this discussion, we are going to review one of them, Prime My Body.
Many of you have asked, “Is PrimeMyBody a scam?” This is a popular question with new mlms.
Some even wonder “Is Prime My Body a pyramid scheme?”
We consider all pyramid schemes as scams. If Prime My Body is a pyramid scheme, then PrimeMyBody is a scam.
But, not all mlms are a pyramid scheme under the laws.
In our recent mlm talk, MLM vs Affiliate Marketing, we discussed the FTC guideline to determine a legit mlm vs a pyramid scheme.
However, this FTC guideline is a legal procedure to identify a pyramid scheme, not to discover a scam.
We are interested in Prime My Body business opportunity.
Why we interested in starting this business?
To make money and achieve financial independence.
Before investing with Prime My Body, we need to know more than, “Is Prime My Body a scam?”
We like to know,
- Is Prime My Body a profitable home business opportunity?
- The costs to start a Prime My Body business.
- The process to join Prime My Body, and
- Can you make money?
If you are interested in starting a Prime My Body home-based business, you must read this Prime My Body Review to understand the risks and rewards of this mlm opportunity.
Tired Of Scams And Pyramid Schemes?
Prime My Body Review Summary
Name: Prime My Body
Annual Revenue: $3 Million
Business Earnings Estimate:
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What Is Prime My Body?
Prime My Body is a private CBD mlm company established in October 2015 by Paul Rogers to distribute and sell proprietary products in the industrial hemp, health, and beauty.
In May 2019, the company launched $PMB Token as its own Cryptocurrency to facilitate international transactions much more efficient, as well as pay commissions to Affiliates more rapidly.
Prime My Body is currently expanding into the international market, including Asia, the Americas, and Europe.
The company signature’s product, Nano-Enhanced Hemp Oil, has steadily become one of the top Hemp Oil selling products in the United States.
PrimeMyBody annual sales revenue has reached $3 Million in 2018.
The company primarily sells its products through an mlm affiliate network throughout the United States and soon the world.
Because PrimeMyBody is a private company, there is no reliable finical information available to the public.
The company does not release an official Affiliates Income Disclosure Statement.
Any income statement issued by Prime My Body should be considered as marketing hype without merit.
Based on the information available to the public, we can conclude:
- Prime My Body is a private CBD mlm company Established in 2015.
- There are no reliable financial data to prove that PrimeMyBody home-based business opportunity is profitable.
- CEO, Paul Rogers, has extensive experience in the mlm business.
- The company claims to have over 50,000 Affiliate earning incomes, but provide no proof to support this claim. We believe this is marketing hype.
- Prime My Body business is very competitive. It is not easy to make money with this mlm company.
Before becoming a PrimeMyBody Affiliate, it’s smart to compare with other home-based business opportunities.
You can use My #1 Business Opportunity to make a comparison.
How to Join Prime My Body?
You will need a sponsor to join Prime My Body business opportunity.
If you don’t have a sponsor, you can search for one online and join through the Affiliate website.
But, before you can earn commissions, you have to sell products or recruit others to join Prime My Body.
The Costs to Join Prime My Body
The fee to join Prime My Body as an Affiliate is $39 annually. This fee is the cost to set up the Back Office and a Website.
To make money with PrimeMyBody, all Affiliates are required to purchase a Starter Pack from $119 to $1,190.
Prime My Body wants you to purchase the most expensive Starter Pack to boost your chance of success. But, this is not true.
The more expensive Starter Pack that you purchase, the bigger the commission your sponsor will earn. I’ll explain this more in the compensation section of this Prime My Body Review.
These are the initial costs to join Prime My Body and start your business center.
There are more costs to operate your PrimeMyBody mlm business.
These costs are business operating expenses. We’ll discuss the two biggest operating expenses:
1. Monthly expenses to remain Active and Qualify.
Prime My Body required every Affiliate to order a minimum of $100 every 30 days to remain as an Active Affiliate and earn a commission.
I refer to this requirement as, “Pay and Play!”
If an Affiliate fails to meet the $100 monthly minimum order, that Affiliate is considered “Inactive” and is not allowed to participate in earning commissions.
This $100 is a monthly expense to stay in business.
2. Time requires building up the business
To become a successful Prime My Body Affiliate, you must invest time building it up.
To make money with this mlm business, you cannot invest less than 80 hours per week.
Yes, this is a full-time business, not part-time. I have never met anyone successfully building an mlm business part-time.
If we use the 80 hours with a minimum wage of $7.25 per hours, this means a Prime My Body Affiliate must spend $580 per week, $2,320 per month, building up the PrimeMyBody business.
So, the total costs to join Prime My Body is more than $30.
To make money, you must at least remain “Active”, which costs $1,200 annually. This is the biggest expense for a PrimeMyBody Affiliate.
With other home-based businesses, like affiliate marketing, Affiliates earn commissions on every sale, no such thing as a monthly minimum order.
Do you understand why Prime My Body has a $100 monthly minimum order requirement?
- To sell products, and
- To meet the FTC guideline as a legit mlm business.
Without product sales, PrimeMyBody is a scam or a pyramid scheme.
When starting a business, we need to spend money.
However, we also expect to make money to recover our investment.
How do you make money with Prime My Body?
To answer this, we need to look at
Prime My Body Compensation Plan
Prime My Body commissions are paid under the Binary plan.
Binary compensation plan requires you to build two teams, the right and the left, to qualify for commissions.
The Binary compensation plan is considered one of the most difficult to make money in the mlm business.
Because you have building two successful business organizations, not one.
I’ll discuss the major elements of the Prime My Body compensation plan.
If you want to see it in detail, just download a copy.
Prime My Body Affiliate has two options to make money.
- Retail product sales, and
- Recruiting others to join Prime My Body.
Prime My Body claims that there are 8 ways to earn.
But before you can earn a dollar as a Prime My Body Affiliate, you must be Active and Qualified.
To consider “Active Affiliate”, you must order a minimum of $100 every 30 days.
To consider “Qualified”, you must build two teams with both teams must meet the minimum $200 Points sales volume.
No commission is paid for failure to meet the conditions above.
Retail Product Profits
Prime My Body Affiliates can purchase CBD products at wholesale discount to sell retail for profits.
But, can you sell PrimeMyBody CBD products on the market at the suggested retail prices?
I did a quick search online and found a bottle of Pure Hemp 3000mg selling online for $16.47 with free shipping.
But, one Prime My Body Hemp Oil bottle of 500mg has a suggested retail price of $108.
Can you sell at this premium price?
I double the market is willing to pay Prime My Body suggested retail.
It will be a challenge to retail PrimeMyBody CB products for a profit.
Two ways for Affiliates to make money: Fast Builder Rewards and Team Building Rewards.
Fast Builder Rewards (FBR)
This is a one time 25% reward when your new recruits order one of the Starter Pack.
No commission is earned if the recruit order individual product.
You must also be an Active Affiliate to earn this commission.
Prime My Body plan claims the FRB allowed Affiliates to quickly recover the costs of joining PrimeMyBoy. This is not true.
Affiliates earn nothing if the recruits ordered less than $119.
Team Building Rewards (TBR)
TBR is much more difficult to earn because it involves building two teams, “Binary”.
Both teams must meet the minimum 200 Reward Points (RP) for the Affiliate to earn a 25% commission.
Reward Points (RP) are points assigned to each product by PrimeMyBody. Every $2 spending on products, Affiliates earn approximately 1RP.
Below is a quick illustration of how the Binary commissions work.
As you can see, the binary compensation plan requires double work to earn TBR. You might potentially earn nothing under this plan.
Mlm companies use their compensation plan to entice new recruits.
The compensation plan only tells us the potential of making money with Prime My Body.
It doesn’t give us the actual incomes.
Actual earning is the information that we need to determine business profits.
But, what can we do when Prime My Body doesn’t disclosure Affiliate Incomes?
You can ask for a copy of the income disclosure before joining.
Can You Make Money With Prime My Body?
You don’t need a copy of Prime My Body Income Disclosure to know that 99% of mlm businesses failed.
Because mlm compensation plans are not designed for Affiliates to make money. They are designed for mlm companies to make money.
Just go back to the compensation plan section of this Prime My Body Review, you’ll understand why it is difficult to make money under the Binary system.
Every publicly traded mlm companies are required to publish an income disclosure statement.
However, privately held companies, such as Prime My Body, do not have to comply with this disclosure requirement.
PrimeMyBody doesn’t release the income disclosure statement, because they don’t want you to know the truth.
You cannot make money with PrimeMyBody!
The only way to get a copy of this income disclosure statement (IDS) is to ask for one at the time of enrollment.
PrimeMyBody is required by law to provide you a copy of the IDS together with the compensation.
As a business review writer, I prefer to have the actual commissions/earnings to advise clients on an investment.
Potential earning from the compensation plan is just marketing hype, not real income.
Affiliate Actual Incomes
As we have discussed above, you have to invest time and money to build a successful PrimeMyBody mlm business.
You have to recruit a large number of people to join your team. This is not an easy task.
I can tell you this, you will not make money with PrimeMyBody if you are not good at face-to-face recruiting.
You must recruit enough downline to cover your monthly business expenses.
Your downline is your primary customers. Their purchases will generate income to cover your business expenses.
You can quickly determine the affiliate monthly income using the PrimeMyBody compensation plan.
If you use the lowest monthly expenses, 100RP to stay active, this means an affiliate must generate $100 each month to breakeven.
We know that PrimeMyBody affiliates earn a 10% commission, $20, for every 200RP on the left and 200 RP on the right. This means you need to recruit 4 Active Affiliates to earn $20.
To make $100 per month, you must recruit 20 Active Affiliates.
A $2,000 a month income requires a team of 400 Active Affiliates.
Recruiting a team of 400 Active Affiliates is not easy. This is why 99% of mlm business failed.
I can tell you that your chance of making money with Prime My Body is near ZERO!
Can you see how difficult to make money with PrimeMyBody?
You must be super talented in recruiting to make money with this mlm opportunity.
Is PrimeMyBody A Scam?
Yes, it is extremely hard to make money, but this doesn’t mean PrimeMyBody is a scam.
Prime My Body is a business opportunity.
Every business startup has risks. You can lose your investments.
When you become a Prime My Body Affiliate, you are investing in a business opportunity with a 99% chance of failure. So, you cannot call PrimeMyBody a scam.
Investment risks are part of every business.
Before starting a business, you must carefully research and study the opportunity.
Reading this Prime My Body Review is a good way to learn the investment risks and rewards before investing.
Many entrepreneurs hire professional financial analysts to evaluate the risks of every business deal before investing.
My online MLM Business Review has evaluated hundreds of businesses to help investors managing risks.
That’s all we can do, managing risks.
To me, PrimeMyBody is not a scam. It’s not a good home business opportunity.
Is Prime My Body a pyramid scheme?
Under the FTC guideline, Prime My Body is not a pyramid scheme.
But, in my opinion, Prime My Body is a pyramid scheme?
Looks at the company compensation plan,
Do you notice a pyramid shape?
Yes, the more people you recruit into your team, the more money you earn.
Under this Binary compensation plan, Prime My Body rewards Affiliates that recruit the most people, not selling products.
Recruiting is how you get promoted and make money with Prime My Body!
Isn’t this a pyramid scheme?
Well, you don’t have to agree with me. This is not important
The important is you understand the high risks and low rewards of operating a Prime My Body mlm business.
Last, Is Prime My Body Worth It?
Who’s going to launch a business when the chance of making money is less than 1%?
It’s not easy to make money with Prime My Body.
I’ll never invest in a business opportunity unless is profitable.
Do you know why you want to start a home-based business?
To earn extra money from home, to be your own boss, or to achieve financial freedom?
And to make money, we invest in a PROFITABLE business!
As an affiliate marketer, there’s NO traveling around town to attend late-night meetings and NO face-to-face sales or recruits.
The best part, you are working on the computer in your own home or anywhere you like.
Affiliate marketing is one of the most powerful work from home business opportunity to earn passive income. I recommend you read, MLM vs. Affiliate Marketing to learn.
As an mlm business owner, you are in business as long as Prime My Body allows you.
PrimeMyBody put you out of business at any time by revoking your Affiliate Agreement.
This business risk is rarely discussed by mlm business owners.
When you become a Prime My Body Affiliate, you are not the owner of your business.
Everything you do with the business, like transferring ownership, you have to get approval from PrimeMyBody.
Don’t you want to own your own business?
If you want to be an owner of a lucrative and profitable business that generates six-figure passive income, then…
You should read my #1 recommended online business opportunity.
Can you write?
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Even if PrimeMyBody is not a scam, I wouldn’t invest in this mlm.
After completing this Prime My Body Review, we have discovered the chance of achieving financial independence as an Affiliate is low.
Do you think Prime My Body worth the investment?