Lol much like shelterman I wish I wasn't actually busy and could post here as often as you are able to sooted. Sadly I am incredibly busy this weekend, and am writing this on my phone while at the office on a Saturday. Sigh.

Truth is you bring up good points sooted, but there are just as many answers as well. You obviously don't believe these answers and some of us clearly do. Who's right or wrong will surely come to light in the future.

Hopefully someone else has time to debate with you.

I found a bit more time...

Originally Posted by soooted

Why would you join a HYIP program if you knew that all HYIP programs, by definition, eventually fail? The key is to get in early and ride the upward tide. You get your money out at whatever point makes you comfortable (risk vs. reward), and then ride the rest on "house money".

What's different about ZR vs. all the other similar programs is ZR casts itself as an MLM and their success has been promoting it using typical MLM channels. The HYIP programs understand their customers know the nature of the risks.

This is your problem. You insist on comparing ZR with a HYIP. It's been a while since I've looked into them, but but from what I remember, most HYIPs promise some sort of return from some sort of undisclosed "off shore" bank insider that is willing to generate a return for all the investers or some similar story. Or they are just a flat-out moneygame where everyone knows that the latecommers are going to take it in the shorts. And if the truth was known about all of them I'll bet 95% of them are paying investors from their own money or the money of subsequent investors. (ie. a ponzi)

ZR is NOT a moneygame, they are a legitimate company formed to promote another legitimate company which happens to be a part of a well established and proven to be profitable industry, penny auctions. If the penny auction concept was not profitable, companies like Quibids amd Beezid wouldn't exist. And if they are profitable on their own merit why couldn't Zeekler be profitable completely on it's own merit? One thing in common with all penny auctions is that they need traffic (bidders) and LOTS of it. If you spend any time at all on TV you know how Quibids amd Beezid are promoting their auctions. Zeekler has just chosen to promote in a different and VERY unique way.

That's all I have time for now...more later.

Originally Posted by soooted

Cashing out your seed money makes complete sense. The problem is you need to build a balance first. So if you join the program, you are betting on it being profitable for at least a few months so you can grow your balance high enough such that you can then switch to an 80/20 or 70/30 withdrawal and recover your money.

Now you could just wait until you hit some level, like 2-3x your initial balance, and then do 100% cashout. The problem there is while you will recover your seed money, your account balance will be so low it will take awhile to grow it back up. But at that point it is "house money", other than your monthly premium subscription which takes 150-days to recover (60-days to convert bonus points to VIP points, then 90-days to withdraw it).

The way that I instruct my sign ups to pull out their "house money" is to do a 100% cashout at a certain point PRIOR to when the 90 day rule starts hitting their account. Works perfectly...Did it myself just recently. It wouldn't have to be done that way. It just makes the most sense to me. Seems to have the least impact on your VIP Points and the "house money" pull out happens much quicker.

Originally Posted by soooted

The reality is that at some point, the profit share has to be reconciled with the ratio of real revenue vs. affiliate point balances. You can't maintain > 1.4% rate forever. That's all I'm saying...

First off the 1.4% rate is not "maintained" it is just an average. I'm not splitting hairs with you here I just want it said that that the 1.4% is an average of a daily percentage fluctuation which is based on our share, as affiliates, of the COMPANY'S PROFIT for that day. It is NOT a "return" that is "fixed", "variable", or any other banking or investment term that you want to give it. This is why, to your disappointment in a earlier post, that we cannot use those terms, because those terms imply that this is an investment. The same goes for "compounding".

Secondly, ZR is not static, it is a constantly changing company which makes adjustments in their business structure and product, just like ANY well run company does. Can you imagine if Microsoft didn't make adjustments and corrections after the initial release of Vista? If they didn't most of us would be using Macs by now (at least I would). Why do you not allow for the ZR admin to have the same proactive forsite? You say the rate can't be maintained forever. I may be wrong but it seems to me that they'll put caps on total earnings or VIP Point balances before they'd mess with the percentage, but I agree, something will have to be done.

Your opinion that changes in the ZR commission structure is noted and accepted as a valid concern. If you'd read through this thread you'd have seen that we have brought this up on this thread at least a couple of times as a concern and ZR ITSELF has confermed that it is a point that needed to be addressed....Do your HYIPs admit THAT?

New announcement!

Happy Monday Zeek Family! Don't miss tonight's Leadership call featuring Z.E.O. Paul Burks and top MLM Attorney Kevin Grimes who are joining Z.O.O. Dawn Wright-Olivares to roll-out our incredible new compliance certification course and the incredible early-bird incentive TONIGHT at 9:30p est!!

Due to incredibly high call-in volume we have created 2 spill-over lines that will also be dialed in to the call - the 3 dial-in numbers and access codes are as follows:

Primary:

760-569-7676 Participant Pin: 223177#
or Skype dial-in access add Skype Contact: freeconferencecallhd.7605697676


Spill-Over Line #1

559-726-1300 Participant Pin: 650895#
For Skype dial-in access add Skype Contact: freeconferencecallhd.5597261300


Spill-Over Line #2

805-399-1200 Participant Pin: 198298#
For Skype dial-in access add Skype Contact:
freeconferencecallhd.8053991200

See You on the Call!!
Zeek

Originally Posted by shelterman

The way that I instruct my sign ups to pull out their "house money" is to do a 100% cashout at a certain point PRIOR to when the 90 day rule starts hitting their account. Works perfectly...Did it myself just recently. It wouldn't have to be done that way. It just makes the most sense to me. Seems to have the least impact on your VIP Points and the "house money" pull out happens much quicker.

I did the same thing. Recouped my initial investment before 90 days and now I am doing a 75/25 split.

I've seen some decent overview videos of zeek, albeit a bit long-winded at times. Still good primer info. >PM me for links to those private strategy videos<

This guy's group is KILLING it on the profit sharing side.

Agreed with others that are doing it --- and doing it very well. Good times!

Originally Posted by belgirl

New announcement!

Happy Monday Zeek Family! Don't miss tonight's Leadership call featuring Z.E.O. Paul Burks and top MLM Attorney Kevin Grimes who are joining Z.O.O. Dawn Wright-Olivares to roll-out our incredible new compliance certification course and the incredible early-bird incentive TONIGHT at 9:30p est!!

Due to incredibly high call-in volume we have created 2 spill-over lines that will also be dialed in to the call - the 3 dial-in numbers and access codes are as follows:

Primary:

760-569-7676 Participant Pin: 223177#
or Skype dial-in access add Skype Contact: freeconferencecallhd.7605697676


Spill-Over Line #1

559-726-1300 Participant Pin: 650895#
For Skype dial-in access add Skype Contact: freeconferencecallhd.5597261300


Spill-Over Line #2

805-399-1200 Participant Pin: 198298#
For Skype dial-in access add Skype Contact:
freeconferencecallhd.8053991200

See You on the Call!!
Zeek

Hey, thanks for the heads up on the conference call belgirl. Wasn't aware of this. I'm going to listen to this tonight.

I did the same thing. Recouped my initial investment before 90 days and now I am doing a 75/25 split.

Are you actually pulling money out and cashing a check each month?

There seems to be a new option in the back office. Its a compulsory course that you need to complete or they will block your earnings. Anyone taken the course yet? How hard is it?

Originally Posted by hersbear

Are you actually pulling money out and cashing a check each month?

Correct.

Originally Posted by marine584

There seems to be a new option in the back office. Its a compulsory course that you need to complete or they will block your earnings. Anyone taken the course yet? How hard is it?

I saw this as well, but the link in my back office isn't active yet.

Originally Posted by shelterman

Hey, thanks for the heads up on the conference call belgirl. Wasn't aware of this. I'm going to listen to this tonight.

Wasn't able to listen last night--any new stuff we didn't know?

Originally Posted by belgirl

Wasn't able to listen last night--any new stuff we didn't know?

I'm not sure what my problem was, but I wasn't able to get on the conference call...I tried both Skype and the phone line. I've been watching for a recording of it, but none yet.

Originally Posted by shelterman

The way that I instruct my sign ups to pull out their "house money" is to do a 100% cashout at a certain point PRIOR to when the 90 day rule starts hitting their account. Works perfectly...Did it myself just recently. It wouldn't have to be done that way. It just makes the most sense to me. Seems to have the least impact on your VIP Points and the "house money" pull out happens much quicker.

Would please share how and when you do it with me ? Would really appreciate it ......

Originally Posted by shelterman

I'm not sure what my problem was, but I wasn't able to get on the conference call...I tried both Skype and the phone line. I've been watching for a recording of it, but none yet.

The call was all about compliance and the compliance test that zeekrewards affiliates will have to take. The test will cost $5 and is mentioned in your back office.

Originally Posted by Symbio

Would please share how and when you do it with me ? Would really appreciate it ......

Without knowing the details of your account that would be difficult for me to do and if I did, it would be a bit time consuming. I give my signups a tool to help with this, but if you want a general answer, I'd say you need to set your Bid Repurchase Preference in your Retail Profit Pool Report to 0% somewhere between 2-3 weeks before the 90 day retirement on the initial bid purchase that you want to recover. Of course, this is a real broad recommendation because most people don't make one initial bid purchase but make several small ones. This worked for me because I made one purchase at the begining so the 90 day retirement was pretty clear. Sorry I can't be more specific than that.

Others just set their Bid Repurchase Preference to 80% or 75% after a few months, that works too, just spreads the recoup period over a longer period of time. Some, don't pull anything out for 180 days or so, letting their VIP Points really build....If I had 100% total faith in ZR that's what I'd do. However, I'm not THAT trusting in ZR yet

Originally Posted by shelterman

Without knowing the details of your account that would be difficult for me to do and if I did, it would be a bit time consuming. I give my signups a tool to help with this, but if you want a general answer, I'd say you need to set your Bid Repurchase Preference in your Retail Profit Pool Report to 0% somewhere between 2-3 weeks before the 90 day retirement on the initial bid purchase that you want to recover. Of course, this is a real broad recommendation because most people don't make one initial bid purchase but make several small ones. This worked for me because I made one purchase at the begining so the 90 day retirement was pretty clear. Sorry I can't be more specific than that.

Others just set their Bid Repurchase Preference to 80% or 75% after a few months, that works too, just spreads the recoup period over a longer period of time. Some, don't pull anything out for 180 days or so, letting their VIP Points really build....If I had 100% total faith in ZR that's what I'd do. However, I'm not THAT trusting in ZR yet

Thanks for that , really appreciate it alot .

Here is the latest MLM Companies Web Traffic Ranks 13 January 2011

shelterman, thanks for that link to the traffic stats!

But...

If I had 100% total faith in ZR that's what I'd do. However, I'm not THAT trusting in ZR yet.

Are you having doubts? I'm considering putting some more money in ZR....

Originally Posted by hersbear

shelterman, thanks for that link to the traffic stats!

But...



Are you having doubts? I'm considering putting some more money in ZR....

No, not at all....at least nothing more than I ever have. I just think it is prudent. Any time you have a substancial reward for the relatively small amount of time and money put into something, there is an increased risk. Plus, this is a completely new and untested marketing/compensation concept...this all ads up to considerably more risk than putting your money in a bank CD. However, the fact that I made more in two days with ZR than I would have made by putting the same amount of money in a CD in my mind was worth the risk....and I say "was" because I have already pulled my "seed money" out, and I recommend anyone that puts more money than they are willing to loose to do the same.

I might add that the compliance rules that we are being asked to conform to is a big GREEN flag in my view. It shows me that ZR admin is looking at this as a PERMANENT opportunity and are willing to implement all the safeguards they can to insure this happens. This is refreshing and conforting to see as in this industry (mlm), I often get the feeling that the owners of the companies have their exit strategy planned out and ready on the same day that they launch!

Originally Posted by hersbear

shelterman, thanks for that link to the traffic stats!

You're welcome. Just clicking on the "Thanks" button under my post is always appreciated too

I have already pulled my "seed money" out, and I recommend anyone that puts more money than they are willing to loose to do the same.

I never invest more than I can lose.

Just clicking on the "Thanks" button under my post is always appreciated too

Done!

I am wondering, though, why the Compliance Certification Course is not linked in my back office (and now it is grey, not even red) if we need to complete it within 14 days. Maybe they are rolling it out so not everyone takes it at once?

Originally Posted by hersbear

I am wondering, though, why the Compliance Certification Course is not linked in my back office (and now it is grey, not even red) if we need to complete it within 14 days. Maybe they are rolling it out so not everyone takes it at once?

It's grey for everyone. I hear that the course is not quite finalized. I would assume that they'll extend the completion date.

Originally Posted by hersbear

Done!

Thanks!

Talked to one of the affiliate support at ZR and he said they think that the program will be available by friday.

I'm doing it for the VIP points

Originally Posted by buchner

Talked to one of the affiliate support at ZR and he said they think that the program will be available by friday.

I'm doing it for the VIP points

That's good to hear. Thanks for letting us know.

So you have to pay for the privilege of signing up to an affiliate program? Nice.

They give you ads? Big deal. That's not the hard part.

Posting a couple of manual ads on the internet won't make you $500/day. Unless you can post 100's of ads per day you're not going to make much money with this.

I suspect most of the people here pushing this hard are only doing so because they're making money out of YOU.

You can't make money for nothing. If you can't go and post your own ads for a high paying penny auction affiliate program, then you're not going to make $500/day(as someone claims to make) from this.

This is just another "get rich quick scheme". Beware.


What I found extremely fishy about some of the donors who are pushing this hard is that when someone pointed out that the creator of this crap was responsible for scams in the past, they quickly responded by saying the people complaining were "sour grapes". Rubbish. People signed up for some crap and found out they had to get their friends to sign up and pay $1500 or so to make money. In more business-enlightened parts of the world we call that a "pyramid scheme" or "Multi-level Marketing".

Also, the people pushing it keep referring you to these stupid webinars and claim "Oh, don't worry, they're not self-promoting" -- Who are you fucking kidding? Who's not going to self-promote in their own videos.

First business lesson: All companies do everything they do to make profit. Never believe anyone's doing anything to "help you", because they're "bored", because they want "revenge". It's all bullshit to get you to buy stuff. Companies want profit, profit and more profit and they'll do everything they can to convince you they're holier than thou.

I've been in marketing and business for a very very long fucking time and this smells FISHY to me. I don't like this program. I don't like the webinars and I do NOT like the way some people are pushing it as hard as they are pretending they're out to help others.

Originally Posted by marine584

There seems to be a new option in the back office. Its a compulsory course that you need to complete or they will block your earnings. Anyone taken the course yet? How hard is it?

lol, just lol. So they're squeezing people even further by making you buy some compulsory course before you get your earnings. Nice. Sounds real above board.

Originally Posted by shelterman

That's good to hear. Thanks for letting us know.

Nice of you to reply to a long post of mine referring vulnerable people to this shit. I'm reporting this to the mods and I'll be recommending you get investigated for multiple accounts as I'm pretty sure you're the same person who started this thread.

Originally Posted by BlueTurtle

Nice of you to reply to a long post of mine referring vulnerable people to this shit. I'm reporting this to the mods and I'll be recommending you get investigated for multiple accounts as I'm pretty sure you're the same person who started this thread.

I for one can vouch this is my own account. Get off your high horse. All the relevant info regarding this company is on their website.

You have come on this thread just to mouth off about how this company is a scam. Based on what evidence?

Have you tried this company?

Have you looked out how the money is actually made by an affiliate?

You dont need to post 1000's of adverts. You need to post 1 a day.

You have no grounds for argument. Your opinion is based on assumption not fact.

We are all here to help people with their questions about the company. We have all given our honest opinion BASED ON FACT AS WE ARE AFFILIATES!!!

Yes we can push our link for recruitment etc. But that is not the ultimate motive. As you can see through out this thread.

People who have asked questions have got the appropriate answers. Based on our experience.

We have highlighted the risks involved. We have only put in money which we can afford to lose. And have also advised doing this to new joiners also.

We have not said yes put all your life savings into the system. Then sign up under my affiliate link so we can make money off you.

Before you come on a thread accusing people. Read the facts and base your decision on them.

Its clear you have not done so.

Originally Posted by marine584

I for one can vouch this is my own account. Get off your high horse. All the relevant info regarding this company is on their website.

I'm sorry, you must have mistaken me for some retard who believes what he reads about a company on their own web site.

Originally Posted by marine584

You dont need to post 1000's of adverts. You need to post 1 a day.

Yes, 1 ad per day will make you money, right. Many of us on blackhatworld have been pushing biz ops that try to convince regular people on the street they can get massive cheques for "posting 1 ad a day". You really don't realize where you are do you? This is not a "how to make money at home" forum for single moms and mcdonalds workers.

Originally Posted by marine584

You have no grounds for argument. Your opinion is based on assumption not fact.

My opinion is based on a solid understanding of business and economics, and you can't make money from 1 ad per day. This is an MLM scheme. Pyramid scheme. Scam. The first few will make some money, the rest will get scammed. This is just a more complex version of a traditional MLM scheme that's masquerading as an "affiliate program" and "investment opportunity"

Originally Posted by marine584

We are all here to help people with their questions about the company. We have all given our honest opinion BASED ON FACT AS WE ARE AFFILIATES!!!

No, I'm an affiliate. You're a clown.

You're also an "affiliate" of an MLM scheme where you profit by getting others to sign up under you.

Originally Posted by marine584

Yes we can push our link for recruitment etc. But that is not the ultimate motive. As you can see through out this thread.

Of course, you want to help people, right? Just like all the other gurus want to help people because they're sick of seeing all the big companies make money, or "Insert typical sales page reason for helping". Good job.

Originally Posted by marine584

People who have asked questions have got the appropriate answers. Based on our experience.

'our' experience? You sound more and more like a shady guru by the minute. I'm actually a professional copywriter, so I recognize the language you use and the emotions you try to trigger.

Originally Posted by marine584

We have highlighted the risks involved. We have only put in money which we can afford to lose. And have also advised doing this to new joiners also.

Another good copywriting technique. Tell people you've already highlighted the risks because most will just go "oh, ok, if they say it they must have, I don't need to check for myself".

Another good one "We've only put in money we can afford to lose". Lets people feel comfortable that even it does go wrong it's ok. Helps ease them into the risk and mindset of an investor.

I'm sure you have advised new joiners of all this, yeah.

Originally Posted by marine584

We have not said yes put all your life savings into the system. Then sign up under my affiliate link so we can make money off you.

Another technique to make people feel at ease. Tell them what you're NOT doing. Maybe make a bullet list with red ticks.

Originally Posted by marine584

Before you come on a thread accusing people. Read the facts and base your decision on them.

Its clear you have not done so.

Thanks for the advice. Someone's already posted an economic analysis of this, and he was entirely correct, but unfortunately most people won't understand it.

I'm putting it to people in ways they're familiar with, as not everyone has an advanced understanding of economics. I'm showing people how you're talking like a guru and some of the sales/copywriting techniques you're using to get people to sign up.

shelterman is even worse. He's a posterboy money making guru. If you want to learn how to get people to sign up to things, study how shelterman talks carefully because he's good. He knows his stuff when it comes to converting people into sales through text.

MLM type of business are prohibited here.

Thread Closed.