MyCenterbid is a Network Marketing business which uses the power of personal recommendation and social media to promote its products. The company is the marketing arm of the new Online Auction website Centerbid.eu which provides customers with the chance to win consumer products at a dramatically reduced price.
2. The MyCenterbid Compensation Plan is an exciting opportunity that rewards you for selling
products and services and for sponsoring other participants who do the same. Although the
opportunity is unlimited, individual results will vary depending on commitment levels and sales
skills of each participant.
Since MyCenterbid has recently launched, it lacks enough statistical data to prepare reliable
income disclosures. The numbers below reflect estimates prepared by the company pending
a more detailed survey to be conducted after its first year. Based on industry standards and
company projections, the average annual gross income for distributors is projected to be
anywhere between €500 and €2,000. There will certainly be participants who will earn less
while others will earn much more. We’re excited about the MyCenterbid Compensation Plan
and we’re confident it will provide you a solid foundation to help you achieve your financial
goals.
If income projections were presented to you prior to your enrollment, such projections are not
necessarily representative of the income, if any, that you can or will earn through your
participation in the Compensation Plan. These income projections should not be considered
as guarantees or projections of your actual earnings or profits. Success with MyCenterbid
results only from hard work, dedication, and leadership.
MyCenterbid Income Disclosure
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3. IMPORTANT INFORMATION BEFORE WE START OUR PRESENTATION
Success in MyCenterbid requires hard work, dedication and good sales skills.
Compensation is directly tied to the personal effort of each independent Affiliate
Larus Palmi Magnusson
CEO & Chariman - MyCenterbid Ltd.
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4. Introducing...
• The next generation of online
auctions
• Already launched in 150 countries
• Fun, entertainment shopping. Win
items at up to 90% off retail.
• Fun, Entertaining and Exciting.
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• The marketing arm of Centerbid
• Over 18.000 of affiliates worldwide
• 5 ways of earning commissions
• Dream Car & Dream Home Bonuses
• Affiliates drive traffic to Centerbid and
earn commissions daily.
5. In Centerbid the price increases with 1 cent at a time. All Bids used for bidding at auctions
are paid for in advance. Price of a bid starts a €0.50. This means that every time a bid is
placed Centerbid earns €0.50. When an auction closes Centerbid can calculate the profit of
that auction.
Example on Auction Profits
Auction End Price €250.11
Bids Used 25011 x €0.50 = €12,505.50
Total Revenue in Auction = €12,755.61
Product Retail Price - €550,00
Administrative costs - €100,00
TOTAL AUCTION PROFITS €12,105.61
In the example above, the auction winner won an iPad for €250,11 by spending only €22
worth of bids. The total cost of the iPad was €272.11 The auction winner saved €277.89 of
the retail price. Thats over 50% off retail price and a real bargain!
How Centerbid earns and Customers save
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8. There is a signup cost of €100 to get started in MyCenterbid and
every month there is a €20 maintenance cost to stay active in the
business.
No commissions are paid on the signup cost or the monthly
maintenance cost.
As an Affiliate you will get:
• E-Wallet for commission payouts
• A complimentary Prepaid MasterCard® Card
• A Replicated MyCenterbid Website
• Your own personal MyCenterbid Backoffice
• 25 Free bids in Centerbid
• Full access to the Business Opportunity
Getting started in the Business
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9. PV Bid Packages
Price: €50
Bids Included: 50
Personal Volume: 50
Sale Points: 25
Price: €100
Bids Included: 100
Personal Volume: 100
Sale Points: 50
Price: €150
Bids Included: 150
Personal Volume: 150
Sale Points: 75
Price: €200
Bids Included: 200
Personal Volume: 200
Sale Points: 100
Price: €300
Bids Included: 300
Personal Volume: 300
Sale Points: 150
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10. 1. Account In Good Standing
The first qualifier is to maintain your account and be in good standing. Here
are the requirements
1. Paid your €20 monthly Maintenance Fee (First month included)
2. Completed the KYC Process (Know Your Client) (30 Day Grace Period)
Good Standing and Qualification
2. Minimum Qualification Requirements For The Entire PayPlan
There are many ways of earning bonuses in MyCenterbid.
Here is the minimum monthly qualification requirements:
1. Refer at least one Centerbid Customer (Once)
2. Generate a monthly sales volume of minimum 50 PV
3. Refer at least 2 Affiliates, one in each team (Once) to be Dual Team
qualified.
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11. Each time your team generates sales volume in both your left and right teams,
whether you made the sale or not, which adds up to a total of 300 Sale Points in
any of the following combinations: 100:200, 150:150 or 200:100 ratio you earn a
commission cycle.
Each commission cycle pays out a €50 Bonus.
You can do this over and over again each day up to €25,000.- per week.
Any unbalanced sales volume is carried forward for six months from point of
sale.
Earn on the sales of those affiliates you, your up-line
and your down-line place within your team.
YOU
Left Team
Right Team
Dual Team Bonus
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12. Levels Tier 1 Tier 2 Tier 3 Tier 4 Tier 5
Monthly
Qualifications
Requirement
50 PV 100 PV
200 GV
150 PV
300 GV
200 PV
400 GV
300 PV
600 GV
Customer
Requirement
1 Active
Customer
3 Active
Customers
5 Active
Customers
10 Active
Customers
20 Active
Customers
Level 1 5% 5% 5% 5% 5%
Level 2 5% 5% 5% 5% 5%
Level 3 5% 5% 5% 5% 5%
Level 4 0.5% 0.5% 0.5% 0.5%
Level 5 5% 5% 5% 5%
Level 6 0.5% 0.5% 0.5%
Level 7 0.5% 0.5% 0.5%
Level 8 0.5% 0.5% 0.5%
Level 9 0.5% 0.5%
Level 10 5% 5%
Level 11 0.5%
Level 12 0.5%
Level 13 0.5%
Level 14 0.5%
Level 15 5%
As people join your team and generate bid
sales, you earn commissions.
The more sales generated the more you can
potentially earn.
Unlimited possibilities and earning potential
Bid Purchase Bonus
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13. If you have referred a customer that wins an auction in Centerbid,
You will be awarded an Auction Winner Bonus.
This bonus will be paid three levels deep as described in the chart below.
Bonus Levels Comm %
YOU 5%
Your Sponsor 3%
Your Sponsor’s Sponsor 2%
Total Bonus Percentage 10%
Bonus Example:
A customer you have referred wins a brand new iPad for €250.11
The auction surplus is calculated to €12105.61
Your customer saves over 50% off retail on the iPad.
You earn a €605,28 auction winner bonus for referring that customer.
Your sponsor earns a €363.28 bonus.
Your sponsor’s sponsor earns a €242,11 bonus.
NOTE: Auction winner bonuses are generated when the auction is paid for.
Auction Winner Bonus
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14. • When someone you have referred places a bid at an auction in
Centerbid you are awarded CAPs.
• The amount of CAPs awarded is determined by your own Tier
Level qualification. As your performance increases, you are
awarded more CAPs.
• CAPs can generate a CAB bonus for 30 days.
• CAPs retire after 30 days
NOTE: There are no CAPs or bonuses generated from the 25 FREE bids
everybody gets when signing up in Centerbid and MyCenterbid.
All CAPs have a ZERO value and cannot be exchanged or converted to cash.
CAPs cannot be purchased, they can only be awarded.
Customer Acquisition Points (CAPs)
CAP = Customer Acquisition Point
CAB = Customer Acquisition Bonus
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15. Levels Tier 1 Tier 2 Tier 3 Tier 4 Tier 5
Monthly
Qualification
Requirements
50 PV 100 PV
200 GV
150 PV
300 GV
200 PV
400 GV
300 PV
600 GV
Personally
Referred
Customer
Requirement
Refer Minimum
1 Active
Customer
Refer minimum
3 Active
Customers
Refer Minimum
5 Active
Customers
Refer Minimum
10 Active
Customers
Refer Minimum
20 Active
Customers
CAPs Awarded
for bids used by
personally
referred
customers in
Centerbid
0,60 CAPs
per bid used by
personally
referred
customers in
Centerbid
0,70 CAPs
per bid used by
personally
referred
customers in
Centerbid
0,80 CAPs
per bid used by
personally
referred
customers in
Centerbid
0,90 CAPs
per bid used by
personally
referred
customers in
Centerbid
1 CAPs
per bid used by
personally
referred
customers in
Centerbid
CAP Generation - Tier Qualification
IMPORTANT: An Active Customer is someone that has verified their account, logged in and placed a bid
in one of the Centerbid Auctions. (Free Auctions do not apply.)
There is "NO INDUSTRY STANDARD" or "NO INDUSTRY AVERAGE" used for calculation of surplus and
bonus payouts in Centerbid. This is a real business and all revenue is calculated on a daily basis indicative
of auction activity. There is no guarantee that CAPs will generate any bonuses.
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16. • Affiliates that have been awarded CAPs can earn a CAB
bonus calculated from the daily surplus in Centerbid.
• Only USED BIDS are taken into the calculation of the
daily surplus.
• The CAB is driven by 50% of the Daily Centerbid Surplus.
Value of bids USED today
+ Value of won auctions, paid for today
+ 20% of todays Sellback
= Todays Revenue
Todays Revenue
- Today’s Product Cost
- Administrative Costs
= Todays Surplus
NOTE: Unused bids are not calculated in the daily surplus.
Until a bid is used it’s a financial liability for Centerbid, hence cannot be taken into our
daily surplus calculation.
Surplus Calculation Formula
Customer Acquisition Bonus (CAB)
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18. When an Affiliate achieves the monthly bonus requirements, MyCenterbid will pay him/her up to
€1,500 per month as a Dream Car Bonus.
The Affiliate must have an Active Status at 11:59:59 PM (Midnight) GMT on the last day of the monthly
pay period to be qualified to earn the Dream Car Bonus for the following month.
The Affiliate must also have submitted either a copy of the car financing agreement or payment receipt
by the fifteenth day of the month following the month in which he/she first achieves the bonus.
Documentation must be submitted in a form acceptable to MyCenterbid to prove purchase or leasing of
a car.
Dream Car Bonuses are paid to the Affiliate monthly, on the 30th of each month,
as long as the affiliate qualifies for the bonus.
Refer five who get five who get five. Qualifying organization must be in good standing
and meet the monthly PV requirements every month.
Dream Car Bonus - Fineprint
NOTE:
MyCenterbid will issue a bonus to the Affiliate in the amount of the actual car
payment, up to but not exceeding the monthly maximum.
(e.g., Affiliate with a €700 car payment would only receive a bonus of €700).
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Bonus Requirements
• Car must be new and in white
color only .
• Purchase or lease is acceptable.
• Must place the MyCenterbid
logo visible on the car.
• Be in good standing and have
minimum 100PV each month.
The 100PV bids must be used
each month.
• Group must have 100PV each
The PV bids must be used each
month.
• The PV qualification must be
met each month.
20. When an Affiliate achieves the bonus requirements, MyCenterbid will pay him/her up to €3,000
per month as a Dream Home Bonus.
An Affiliate must have an Active Status at 11:59:59 PM (Midnight) GMT on the last day of the monthly
pay period to be qualified to earn the Dream Home Bonus for the following month.
The Affiliate must also have submitted either a copy of the home financing agreement or payment
receipt by the fifteenth day of the month following the month in which he/she first achieves the bonus.
Documentation must be submitted in a form acceptable to MyCenterbid to prove purchase or leasing of
a home.
Dream Home Bonuses are paid to the Affiliate monthly, on the 30th of each month
as long as affiliate qualifies for the bonus.
Refer ten who get five who get five. Qualifying organization must be in good standing
and meet the monthly PV requirements every month.
Dream Home Bonus - Fineprint
NOTE:
MyCenterbid will issue a bonus to the Affiliate in the amount of the actual home
payment, up to but not exceeding the monthly maximum €3000.
(e.g., Affiliate with a €2500 home payment would only receive a bonus of €2500).
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Bonus Requirements
• Can be a new home or
affiliates existing home.
• Can be an apartment, condo,
or house.
• Can be leased or purchased.
• Must fully document that
residence belongs to the
Affiliate.
• Be in good standing and have
minimum 300PV each month.
• 300 PV bids must be used
each month
• Group must have 100PV each
PV bids must be used.
21. Get Started Today!
Get registered in MyCenterbid today, it’s quick and easy.
Simply talk to the person that invited you this presentation
and ask for his or her MyCenterbid website.
If you do not want to be a part of the MyCenterbid opportunity, but rather would like to
receive COMPLIMENTARY BIDS for bidding at auctions, simply get back to the person
that invited you to this presentation and ask for
their Centerbid website.
We hope to see you in our systems real soon!
Larus Palmi Magnusson
CEO MyCenterbid Ltd.
V1.01