Thursday, November 04, 2004

EXCEL'S BANKRUPTCY...


Three days ago (Monday-11-1-2004) Excel's parent company - VarTec Telecom, Inc. - filed for Chapter 11 bankruptcy protection, stating they are critically short of cash and can't continue to operate without interim financing.

As if that wasn't bad enough, two days ago (Tuesday) an email was released - allegedly from Excel - stating that VarTec will no longer maintain its Excel sales channel, and that agreements between Excel and its independent reps will be terminated as part of the bankruptcy filings.

A situation like this, sad as it is, creates a phenomenal immediate recruiting situation... that will last for many months to come.

Excel distributors as a group are well trained network marketing pros. Many have huge existing downlines. They represent a gold-mine of prospective distributors for your company. I expect you will see numerous Excel geneology lists coming onto the markeplace over the next few weeks and months. These lists should be worth a test. But, don't limit yourself to only one test... the affected distributors should be good prospects for your opportunity for many months to come.

You might want to consider placing "Excel" related keywords into your PPC advertising campaigns as well as running classified and display advertising specifically worded to appeal to these Excel distributors.

To locate Excel distributors who are active online, simply do a Google search for such terms as "Excel dealers", "Excel Distributors, "Excel", etc.

If you are an Excel distributor and are looking for a change, you would do well to consider the Seasilver program. A visit to MaxxMLM.com might also help you gain additional knowledge and due-diligence information.

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