Welcome to my 3pexcel Review!
This is one of the latest businesses to pop up and I wanted to take a look to see if it’s actually any good.
Chances are someone approached you about the business opportunity and you landed here to make sure it’s legit.
The good news is I am going to walk you through the company, products and compensation plan so you can make an informative decision.
Just remember to pay close attention and read this to the end…
3pexcel Review
3Pexcel has no information on who runs or owns the business…
I went further and investigated the 3pexcel website domain “3pexcel.com” and found out it was privately registered on July 24, 2017.
I did find in the footer of the website that it’s “a member of Xeap Group inc.”
Xeap Group Inch is incorporated in California, USA.
Anyway, that’s all I got on the company, not really transparent…
3Pexcel Products
After checking out their website, it looks like 3Pexcel has no retail products or services, but you can promote their affiliate membership.
Once you become an affiliate, you get access to online discounts (e-commerce, flights, hotels, cell phone plans) and an offline discount card.
Example of e-commerce products for sale:
Example of Travel Discounts:
Discount card is a customer or membership card that is used for identification purposes in partner stores.
That’s it for that…
Let’s take a look at the compensation plan…
3Pexcel Compensation Plan
3pexcel affiliates pay $82.50 USD to get started with the company.
Commissions are paid when others sponsor new members who do the same.
For each affiliate sponsored, you can earn $55 USD.
Residual Commissions
All residuals are paid through a six tier 2×2 matrix cycler compensation plan.
These positions can be filled directly or indirectly by your team members.
Once cycle out of one matrix, you earn a commission and cycle in to the next tier.
Total break down of that is below:
- Stage 1 (positions cost N30,000) – N80,000 cycle commission ($220 USD) and cycles into Stage 2
- Stage 2 – N120,000 cycle commission ($330 USD) and cycles into Stage 3
- Stage 3 – N400,000 cycle commission ($1100 USD) and cycles into Stage 4
- Stage 4 – N2,000,000 cycle commission ($5502 USD) and cycles into Stage 5
- Stage 5 – N8,000,000 cycle commission (~$22,000 USD) and cycles into Stage 6
- Stage 6 – N20,000,000 cycle commission (~$55,000 USD)
Additional Cycle Bonuses
3pexcel also rewards people additional cycle bonuses from Stage 3:
- Cycle out of Stage 3 and receive “electronics”
- Cycle out of Stage 4 and receive an “international trip”
- Cycle out of Stage 5 and receive a “sports utility vehicle”
- Cycle out of Stage 6 and receive a “semi detached duplex”
Cost To Join 3Pexcel
3pexcel affiliate membership is N30,000 (~$82.50 USD).
The moment you have been waiting for inside of this 3Pexcel review…
Verdict
This is a great example of a company that had a decent idea, but screwed it up by their compensation plan.
All of the discounts inside of this company are third party companies.
Online shopping portal basically runs on PrestaShop, a freemium e-commerce platform.
It looks like it’s just a drop shipped items.
All of the flights are handled through VacationCMS, a European travel discount portal provider.
Heck, according to 3pexcel themselves:
If you do not refer people, you do not earn.
Not only that statement alone makes this company a pyramid scheme, the matrix compensation plan makes it a ponzi as well. (1)(2)
I just feel bad for people in Nigeria because that’s their demographic.
Plus, we don’t even know who RUNS the company, why would you join something like that anyway?
Wayyy too shady.
Anyway, I do not recommend this company…
I hope you enjoyed my 3pexcel review and if you have any questions or comments, leave them in the comment section below…
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