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How Do Zeekler and ZeekRewards Earn money



If you're a skeptic much like me you might be wondering how do Zeekler and ZeekRewards makes anything? In the following paragraphs I'll show you how the company makes money and why they are willing to share their profits along with you to make it a WIN-WIN situation for everyone.

Hint: Penny Auctions are great money spinners and Zeekler wants to become the best and the most widely used Penny Auction on the web! To do this they need entrepreneurs as if you and me to promote their business model.

So how exactly does Zeekler and ZeekRewards earn money? The organization has four streams of greenbacks:

    Selling of things around the auction website including penny auctions.
    Affiliate membership fees.
    Selling/using of Bid Packs.
    FSC Stores.

(1) They offer stuff (items!) and also the buyers pay for that. Please read below why penny auctions are profitable.

(2) Another obvious source of income. Upgraded members pay a monthly fee.

[http://www.tested.com/profile/wayneprice786/blogs/155960/ 500 free zeekler penny auction bids]

(3) That one might look obvious but there's a bit more into it than just selling Bid Packs.

(4) FSCStores have been around for years with countless members around the world and therefore are on offer to ZeeklerRewards members as additional benefit. Although I don't have the financial reports Penny Auctions are without a doubt the biggest income source.

Exactly what is a Penny Auction? On traditional sites like eBay you can place bids for free. However penny auctions are not free to become bid on. For each bid you place, you have to pay a certain amount of money. Also, you can't place any bid amount that you would like. You are able to only place an offer that would increase the price of the item by 1 cent typically (in some cases, it may be 2 cents too). Penny auction websites make money is by selling the individual bids. The cost of each penny bids varies with respect to the penny auction. At zeekler.com the bids may cost from 65 cents to $1.0. If your bid is not successful you lose the bid money. However if successful you can purchase a product well below its market price sometimes greater than 90% discount.

How do Penny Sites make money? To find out how penny auctions can provide away such deals just like a camera for $10 or Macbook for $50, let's do a small math problem: Suppose at an auction where the Macbook was handed away for $50, which isn't typical only one of the lowest prices of a Macbook. You may think that is a great deal, but let's look at the auction in more detail. For that Macbook to market at $50, there'd happen to be 5000 bids because each bid increases the price by 1 cent. When 5000 bids are placed, it cost a total of 5000X$0.60 = $3000. The typical cost of this product might be around $1000, so that is still an awesome $2000 profit for the penny auction. Therefore the site still makes money even by providing away Macbooks for $50! Often a Macbook auction might go higher.

IMPORTANT: to keep your bids at Zeekler.com for $0.65 per bid but you will NOT want to achieve that! If you buy the slightly more expensive bids at ZeekRewards.com you receive an equal amount to your purchase deposited in the retail profit sharing pool in which you start making large number on money on a daily basis because the clients are prepared to share 5% of its profit with you. And as you know right now which will earn you back an income of 0.5% to two.0% every day on the amount os VIP bids that you have purchased.

Why Zeekler and ZeekRewards pay their affiliates Zeekler really wants to become the most popular and number one Penny Auction site on the internet inside the shortest period of time. Basically this can be a product driven company with revenue sharing. The philosophy is straightforward; instead of spending truck lots of money on advertising / Google rankings and what not, they reward their affiliates, that is us, for advertising and spreading the word. All you have to caused by qualify for your share in the daily revenue is placing 1 ad each day. They even provide you with the ads and places to post. That's less than 5 minutes work a day. And wait till the thing is the rewards! Obviously they want to expand and reach as numerous internet users as you possibly can. Therefore they need you to share their great opportunity with others. So as well as the revenue sharing you receive for advertising they also reward you for sponsoring others. That is optional of course but when you do it could improve your income enormously!