BidXcel Overview
BidXcel is a multilevel marketing company which is the marketing arm of XcelBids, an e-commerce site offering online penny auctions, strategic auctions, and an online store where bids can be used toward product purchases. XcelBids Affiliates can earn rewards by referring customers to XcelBids.
BidXcel customers purchase XcelBids in the following packs: $40.00 for 20 bids, $100.00 for 50 bids, $200.00 for 225 bids, $500.00 for 555 bids, and $1,000.00 for 1,550 bids. Bids can be used to bid for items in auctions on XcelBids.com.
Enrollment Options
All new BidXcel Affiliates must be referred or enrolled by an existing Affiliate. Membership in BidXcel costs $49.95. BidXcel Affiliates receive marketing tools and training, a personal replicating website, and a personal XcelBids e-commerce site.
Compensation Plan
BidXcel’s compensation structure is a 3 x 9 matrix. To qualify for commissions and bonuses, BidXcel Affiliates must have at least 2 active customers and a minimum of 40 Qualifying Value per month, which can be satisfied by the purchase of a Basic ePack of bids for $40.00. BidXcel Affiliates earn 20% commission on the retail bids purchased by their customers and Affiliates they personally recruit. BidXcel also pays out additional commission on Affiliate Bid purchases down four levels. Affiliates can also qualify to participate in bonus pools.
Europe:
WTH Limited/BidXcel LLC
111 West George St. Suite 393
Glasgow, UK G21QX
BidXcel Owners, Executives and Executive Consultants
Andrew Bracken, CEO & Co-Founder
David Hofer, Chief Technology Officer & Co-Founder
Richard Anzalone, VP of Sales
Susan Anzalone, VP of Marketing
David Koerner, Chief Legal Counsel
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BidXcel Products and Product Reviews
Product Line: XcelBids penny auctions, online store
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BidXcel News
Home Business News Archive
Bidxcel, another entry into the MLM penny auction arena, has shut their doors without notice.The BidXcel website went offline on March 9th and states "BidXcel will be unavailable until further notice."BidXcel was formerly a penny auction site called "Win the Hunt". Founded by Andrew Bracken and David Hofer, BidXcel launched in the midst of several penny auction MLMs, including failed penny a...