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How do Zeekler and ZeekRewards Earn money

If you are a skeptic like me then you may be wondering how perform Zeekler and ZeekRewards makes anything? In this article I'll explain to you how the company can make money and why they are prepared to share their profits along with you to make it a WIN-WIN situation for everyone.

Hint: Penny Auctions are excellent money spinners and Zeekler wants to become the best and the most popular Penny Auction Site on the web! To do this they require entrepreneurs like you and me to promote their business model.

How does Zeekler and ZeekRewards earn money? The company has 4 streams of income:

Selling of items on the auction website including cent auctions.
Affiliate membership fees.
Selling/using of Bid Packs.
FSC Stores.

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

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

(3) This one might look obvious but there's a little more to it than just selling Bid Packs.

(4) FSCStores have been around for years along with millions of members all over the world and are being agreed to ZeeklerRewards members as additional benefit. Although I do not have access to the financial reports Penny Auctions are without a doubt the biggest source associated with income.

What is a Penny Auction? On traditional auction sites like eBay you are able to place bids for free. On the other hand penny auctions are not free to be bid on. For every bid you place, you need to pay some money. Also, you cannot place any bid amount you want. You can only place a bid that would increase the buying price of the item by 1 cent typically (in some cases, it can be 2 cents too). Penny auction websites make money is by selling the individual bids. The cost of every penny bids varies depending on the penny auction. At zeekler.com the bids can cost from 65 cents to $1.0. If your bid is unsuccessful you lose the bid money. However if successful you can buy an item well below its market value at time greater than 90% discount.

How do Penny Auction sites earn money? To find out how penny auctions can give away such deals just like a camera for $10 or Macbook for $50, let's do a small math problem: Suppose at an auction in which the Macbook was given aside for $50, which is not typical but among the lowest prices of a Macbook. You might think that's a great deal, but let's look in the auction in more detail. For the Macbook to market at $50, there would have already been 5000 bids because each bid increases the price by 1 penny. When 5000 bids are placed, it cost a complete of 5000X$0. 60 = $3000. The typical cost of this product might be close to $1000, so that is still an awesome $2000 profit for the actual penny auction site. So the site nevertheless makes money even by giving away Macbooks for $50! Usually a Macbook auction might increase.

IMPORTANT: you can also buy bids at Zeekler.com for $0.65 per bid but you do NOT want to do that! If you buy the slightly more expensive bids at ZeekRewards.com you get an equal amount to your purchase deposited in the retail profit sharing pool where you start making incredible amount on money each and every day because the company is willing to share 5% of its profit with you. And as you know by now that will earn you back a profit of 0.5% to 2.0% each day on the amount os VIP bids that you have purchased.

Why Zeekler and ZeekRewards spend their affiliates Zeekler wants to become the most popular and number one Penny Auction site on the web within the shortest period of time. Basically this is an item driven company with revenue sharing. The philosophy is easy; instead of spending truck lots of money on advertising or Google rankings and exactly what not, they reward their affiliates, that is us, for advertising and spreading the word. All you are required to do to qualify for the share in the every day revenue is placing 1 ad a day. They even give a person the ads and places to publish. That is less compared to 5 minutes work a day. And wait till you see the rewards! Obviously they want to expand and reach as many internet users as feasible. Therefore they want you to share their great opportunity with others. So in addition to the revenue sharing you get to promote they also reward a person for sponsoring others. That is optional of course but if you do it could boost your earnings enormously!


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