Welcome to my 3pExcel Review.
Before jumping into any program that you can earn money with online, you need to know if it is a scam or not.
Most of the time, it is not that easy to learn just with the company web site’s information, so that is when you look to us.
We will cover details that many other articles don’t cover because we dig into the information much further.
We are going to review the details about the company and who owns it, information on the products or service that is offered and the compensation plan and how you make money with it.
Furthermore, we decided to take a closer look due to some buzz that was circulating the social websites that we follow and wanted to learn what it really was all about.
With that said, let’s dig in and see what we can learn about the 3pExcel opportunity and see if it is the right opportunity for you to make money with.
3pExcel Review – What Is It?
The 3pExcel company is all about making money online with the opportunity the company offers.
One of the things that we like to see when looking into the information about the company is to find information about who owns the program on the company website somewhere.
This shows that the owner has some pride in the program and has nothing too hard, plus it gives us the ability to look into the background and experience that the owner has.
Unfortunately, the 3pExcel company website does not offer this information anywhere.
We took a deeper look and researched the domain name information, and here is what we found:
- The domain name “3pexcel.com” was registered on 7-24-2017.
- The domain name was privately registered.
Because the domain name was registered privately, no additional information was found when researching the domain name.
The footer area of the company website had the company name “Xeap Group Inc.”
We learned that this company is registered in California, United States, but not much more was learned.
That is all we have on the company information, let’s move on to the next section.
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3pExcel Products Assessment
In this section of the review, we are going to dig into the 3pExcel products or services they offer.
When checking into the products they offer, I noticed that the company does not offer this service for retail sale to a customer only.
You will have to join as an affiliate member to gain access to the product discount portal the company offers.
Discount Shopping Portal
Once you become a paid affiliate member of 3pExcel you will gain access to a product portal that offers discounts on a variety of products and services.
Some of the products that are offered include:
- Cell Phone Plans
- and much more…
Some e-Commerce products the company offers as an affiliate member:
Some travel discounts the company offers as an affiliate member:
The company also offers a discount club that you can get as an affiliate member that you can use at participating offline retailers.
That is all there is to the products that 3pExcel offers, let’s continue.
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The 3pExcel Compensation Plan Breakdown
In this section of the review, we are going to take a look at the compensation plan details and how you make money with 3pExcel.
3pExcel offers an MLM cycler type of compensation plan structure for affiliate members to earn commissions with.
The way that these Cycler compensation plans works are you have to fill a matrix that consists of a 2X2 before you earn commissions.
Here is a quick breakdown:
- There is a total of 6 matrices or tiers that you can “cycle” through and earn commissions from each tier.
- When you progress into the following tier, you earn more commissions.
- Each tier will require a purchase of the first spot on the next matrix before you can enter.
- The portion of the commissions that you earn from the prior matrix is used to pay for the next position in the next matrix.
- The first position in the first matrix will cost just about $83 to join.
I say, “just about” because the money is in the Ghana currency when looking at the compensation plan details.
Matrix Cycler Commissions
I guess you can call these commissions “residual” only if the sponsoring continues, but these are mainly one-time commissions once you fill any 1 with the matrices.
If the matrix is not filled, then you do not earn a commission.
Each of the matrices can be filled by indirect or direct sponsoring.
So, just to recap how the Matrix Cycler compensation goes:
- Pay the initial cost to join and enter matrix 1.
- Fill the 2X2 matrix and once filled you will earn a commission.
- Use the commissions you’ve earned from the previously filled matrix to pay for entry into the next matrix.
- Fill the next matrix and earn another commission with the same process explained before.
- Rinse and Repeat.
Here is a breakdown of the cost and commissions for each of the matrix tiers in the cycler that you can make money from:
- Matrix Cycler 1 – To cost to enter this matrix will cost N30,000. Once you fill this matrix you will earn N80,000 as your cycle commission which is approximately $220. You will then use a part of the commissions to pay for the next position in Matrix Cycler 2 or Stage 2.
- Matrix Cycler 2 – Once you fill this matrix you will earn N120,000 as your cycle commission which is approximately $330. You will then use a part of the commissions to pay for the next position in Matrix Cycler 3 or Stage 3.
- Matrix Cycler 3 – Once you fill this matrix you will earn N400,000 as your cycle commission which is approximately $1100. You will then use a part of the commissions to pay for the next position in Matrix Cycler 4 or Stage 4.
- Matrix Cycler 4 – Once you fill this matrix you will earn N2,000,000 as your cycle commission which is approximately $5502. You will then use a part of the commissions to pay for the next position in Matrix Cycler 5 or Stage 5.
- Matrix Cycler 5 – Once you fill this matrix you will earn N8,000,000 as your cycle commission which is approximately $22,000. You will then use a part of the commissions to pay for the next position in Matrix Cycler 6 or Stage 6.
- Matrix Cycler 6 – Once you fill this matrix you will earn N20,000,000 as your cycle commission which is approximately $55,000.
Additional Cycle Bonuses
3pexcel also rewards people additional cycle bonuses from Stage 3:
- When you cycle out of your Matrix Cycler 3, you will get rewarded with some type of electronics.
- When you cycle out of your Matrix Cycler 4, you will get rewarded with some type of international trip.
- When you cycle out of your Matrix Cycler 5, you will get rewarded with some type of sports utility vehicle.
- When you cycle out of your Matrix Cycler 6, you will get rewarded with some type of semi-detached duplex.
That all there is to the compensation plan that 3pExcel offers and how you make money with it.
Let’s move on to the next section, where we cover some questions that people may have when thinking about joining.
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3pExcel 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 3pExcel opportunity.
Is 3pExcel Accredited With The BBB?
No, 3pExcel is not accredited with the Better Business Bureau at this time.
This is not a sign of a company being a scam.
Many companies are not listed with the BBB that are 100% legitimate.
What’s The Cost To Join 3pExcel?
The minimum cost to join the 3pExcel opportunity is N30,000 or about $83 in USD.
With that said, the next section of the review will cover what many of you are here to learn today, which is…
Is 3pExcel A Scam or Legit Opportunity?
In my opinion, yes, the 3pExcel opportunity is a scam, and here are my reasons why.
In my opinion, yes, 3pExcel is a scam, and here are my reasons why.
- The main reason is that they offer no retail products.
- The compensation plan is structured as a Cycler Pay Plan.
The fact there are no retail products offered is a clear sign that 3pExcel is a Ponzi Scheme which is a label that the government puts on a company that only offers the ability to earn money without a retail product or service when the company operates as an MLM company.
MLM Cycler compensation plans are notorious for being scams and don’t ever usually last long.
You don’t get paid until the entire matrix is filled, so if there are any unearned commissions and the affiliate member quits the commissions go to the owner.
Being an MLM Cycler doesn’t make a company a scam, but the terrible track record does give this a big red flag in our opinion.
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My Final 3pExcel Review and Thoughts
In the final section of the review, we will share our final thoughts about the 3pExcel opportunity.
We have taken the time to review the company information and the owner, information on the products, and the compensation plan, and how you make money with it.
We have also shared why we felt 2pExcel was a scam and why.
You should have enough information to decide on whether you feel the 3pExcel opportunity is the right program for you or not.
What are your thoughts?
But here is the question…
Do we recommend the 3pExcel opportunity?
No, we do not recommend the 3pEcel opportunity due to all the red flag issues that we discussed earlier.
With that said…
We hope you enjoyed my 3pExcel review.
Make sure to share this review with others so that people can learn exactly what the 3pExcel opportunity is really all about.