Bid With Integrity, a penny auction MLM, named Shawn Wheeland as its CEO and President. The South Carolina company first appeared on industry watchlists in September 2012 as a prelaunch opportunity, but has yet to officially open for business. Details about its business model and compensation plan have since been made public.
Bid With Integrity operates from South Carolina. The company also claims to maintain "development/Administrative offices in several cities." However, only Nashville, Tennessee, is specifically listed without further operational details.
Shawn Wheeland has spent the last decade leading various MLM training companies, both as a distributor and at a corporate level. During the 1990s, he built several multi-million dollar organizations, including Homebusiness.To, Inc. That company generated $2.5 million in 18 months. Wheeland's past roles include President of Success Center International in 1988, CEO of HomeBusiness.to (also known as HomeBusinessGo) in 1999, and CEO of JGO, Inc. in 2004.
The company's product line centers on bids for its "BidLinkz" penny auction site. Retail customers purchase these bids in various packs. A 50-bid pack costs $37.50, making each bid $0.75. A 200-bid pack sells for $140, or $0.70 per bid. Larger packs include 625 bids for $425 ($0.68 per bid) and 1100 bids for $725 ($0.66 per bid).
Bid With Integrity's compensation plan pays affiliates for selling bid packs to retail customers. It also generates revenue from monthly membership fees paid by recruited affiliates.
The compensation plan includes five membership ranks. A Representative requires no monthly PV or membership subscription. To become a Qualified Representative, affiliates must achieve 100 PV a month and pay a monthly membership subscription. A Qualified Representative 2 needs 100 PV a month, a monthly membership, and two retail customers. Qualified Representative 3 requires 100 PV a month, the monthly membership, and four retail customers. The highest rank, Ambassador, demands 100 PV a month, a monthly membership, 12 retail customers, and 20 personally recruited Qualified Representatives or higher.