Is Zeek Rewards Legit ; Penny Auctions and Affiliate Marketing Scam Report

If you are new to Online Penny Auctions, Affiliate Programs or both…and are wondering: “Is this a scam?” “How is it possible for this company to actually auction away these items at such ridiculous prices?” “Is this one of those Pyramid Schemes?” You’ve come to the right place. First and foremost, the answer is No, we are not a scam. Like other Online Penny Auctions, our business model loses money on approximately 70% of the products in our auctions. We make our money on “bidding activity” and also earn revenue on approximately 30% of specific auctions.

Is Zeek Rewards Legit; Here’s how it works:

Every person who bids on Penny Auction site Zeekler, purchases what is called a “Bid Pack.” Our bids cost the bidder 65 cents each. When a bid is placed on a penny auction item (let’s say for the sake of this example – it’s an Apple iPad.) the company receives that 65 cents on every bid. So, on a $10.00 item – 1000 bids were placed – and the company received the equivalent of $650.

Is Zeek Rewards Legit; We pay commissions and overrides up to .13c per bid – so the company now has $520 to work with. Then we purchase and ship the iPad to the winner which costs us $499. The company just retained $21, you just walked away for an iPad for $10 and the referring affiliates responsible for your coming to bid (and win) on Zeekler earn “thank you” commissions on the bids you purchased. That’s what we like to call… “A Win – Win – Win Proposition!” We are extremely dedicated penny auction site to our Fair Bidding Policy and to maintaining a fun, safe and profitable environment for our bidders and representatives.

Our parent company Rex Venture Group has been in business 13 years and has historically paid its representatives in the field every commission check earned since its’ inception. “Is this a Pyramid Scheme?” Of course not!! “Pyramids” or “Money Games” are illegal and ask its’ participants to wrap money in tin foil and FedEx it to “someone else” with no exchange for product or service!

Is Zeek Rewards Legit ; The pyramidal structure is actually the “model” structure of every corporation and even the U.S. Social Security system. Why then are pyramids illegal? Because there is no “exchange” of product or service for the money spent and the only ones who “collect” money are the people at the top of the pyramid. When there are no longer enough people coming and sending money “up” to move people thru the pyramid – the pyramid collapses. An example of a legal – yet collapsing pyramidal structure/system is what is happening to social security. The baby boomers are all coming of age to collect (at the top of the pyramid)- with not enough people paying in from the bottom!! The structure will then collapse. Every CEO is at the top of his/her company’s pyramidal structure. That’s why he/she makes so much more than a mailroom worker. At penny auction site Zeekler every person has the same opportunity to achieve the same income or out-earn the person who referred them into the program.

Tags: Is Zeek Rewards Legit, penny auction, zeek rewards, zeekler, zeekrewards

This entry was posted on Sunday, June 17th, 2012 at 8:44 am and is filed under Generic. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.