Zeekler and ZeekRewards: Auction Site and MLM For Real?
Zeekler and ZeekRewards - Who are they?
Zeekler is auction site and ZeekRewards is the MLM company which offers an opportunity for one to become an affiliate and build up a MLM business by recruiting other distributors for the company.
Zeekler may call itself a penny auction site but each bid costs 65 cents, not really a penny auction site in my mind. However, people have claimed to have won prices and paid only a fraction of the full price. For example, winning $100 cash and paying only $33 for it.
ZeekRewards is the company where its members will give away free bids to entice someone to the Zeekler auction site. Once there, the new joiner can either simply buy more bids or join one of their monthly programs.
ZeekRewards and Zeekler are both owned by Rex Venture Group LLC which is in turn a subsidiary of Lighthouse Amercia US (NV). This company was established on June 24 1997. They are headquartered out of Lexington NC.
ZeekRewards’ and Zeekler’s CEO and President is Paul Burks who owns FreeStoreClub, a company with customers in over 175 countries. Its products are also made available via Zeekler.
How does ZeekRewards work?
ZeekRewards utilizes the concept of TOMA or top of mind awareness. Large corporations such as Apple and Coke who, despite their reputation and success, continue to advertise so that they are always on the mind of their customers and prospects. ZeekRewards get their members to advertise about the company everyday.
The daily routine they have for ZeekRewards members are:
- Select from a pre-written ad provided by ZeekRewards
- Post an ad on sites recommended by the company
- Send proof of that placed ad to the company
This daily routine is one thing to do every day in order to stay a qualified member.
The ads placed by the members will draw traffic to the Zeekler auction site. Members will give away sample bids to attract visitors to bid. Each bid costs 65 cents. From the bid revenue collected, the company will pay for the cost of the item sold on the auction, and pay its members a commission which is currently around 1.4% of the revenue pot.
7 ways to earn money with ZeekRewards if you are a qualified member
A qualified member is someone who has sponsored at least 2 other people into a paid program.
1. ZAP Commissions – 20% commissions are paid to a member who sells VIP bids.
2. Retail store margin – members have their online store where they can set their own prices and they get to keep the net margins earned.
3. Retails Points Pool – Premium qualified members who placed an ad everyday earn points which in turn permits them to part-take from the company’s revenue pool. Currently the company pays out around 1.4% (not guaranteed) from that pool and one’s entitlement is based on one’s VIP point balance and status. A member can use these points to either buy more bids (to sell or give away) or cash out. These points have a lifespan of 90 days.
4. Unilevel commissions and overrides up to 10% on every sample bid sold and up to 5$ on 2nd generation affiliate purchases
5. Premium subscription commissions – 20% monthly commissions on all personally sold premium subscriptions
– Silver: $10 per month to join (gives you 20 VIP bids and your own online store),
– Gold $50 per month to join (gives you 100 VIP bids and customizable online store) and
– Diamond $99 per month to join (gives you 250 VIP bids and a more extensive customizable online store)
A member can upgrade to the next level by sponsoring people into the system or simply paying to get to the next rank.
6. Shopping daisy - your own personal web shopper which scours the web for the lowest price and gives 1 frebbie item everyday. Each member can give away the shopping daisy and earn affiliate commissions from items sold.
7. 2*5 matrix with matching bonuses (depending on your rank qualify, a member can earn between 25 cents to $3.50 per month in all positions in his/her matrix and earn matching bonuses and share in the company wide matrix pools
Items 1-3 above are one time commissions and 4-7 above produces monthly residual income for the member.
ZeekRewards: A Real Business Opportunity?
Many have claimed to have become successful with spending little time working on ZeekRewards. What they have earned is mostly the VIP points. The more VIP points a member accumulates, the more he/she is entitled to the revenue share.
This raises the concern that the system with ZeekRewards is to entice its members not to cash out. The company, however, clearly encourages its members to decide for themselves the ratio of what they want to reinvest with the company and what they want to cash out.
Perhaps there is no gain without taking a risk, but it needs to be a calculated and intelligent decision nonetheless.
You will still need TRAFFIC to zigzag their way into your ZeekRewards Business
To do well in ZeekRewards and in fact in any MLM business, you need one important ingredient and that is TRAFFIC.
In other words, you need people to sign up into your program. The more you can sponsor into ZeekRewards, the higher you will go within the organization and naturally, this determines your share of the revenue and commission pool.
How do you generate leads for ZeekRewards? Burnt out your warm market -are your family and friends still talking to you? Do you fancy walking the mall or sitting all day in StarBucks after you have placed your ad, hoping to strike up meaningful and profitable conversations?
Marketing ZeekRewards is a numbers game and you want to be able to generate a high volume of leads as this will hugely accelerate your success rate. To preserve your sanity, you want a system that will quickly and better still, automate a high volume lead generation process. Then sift and qualify these leads so that you need only spend your time with people who are truly interested in your business.
My Lead System Pro (MLSP) is a world class marketing platform which has a defined process, tools and platform for lead generation. MLSP has among its thousands of members, top earners in many direct sales and MLM companies located in different parts of the world. A smart marketer will use MLSP's proven marketing process and platform to generate leads and then sell ZeekRewards as a business opportunity to these leads.
For more information about MLSP, Click this link: MLSP
If you want more information on how to review a business opportunity or how to generate leads and grow your business online and/or offline, contact me Lee Siah Chong now.
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See Yourself A Success
Member Since: 07/21/2011
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