Zeek Rewards- Anyone tried it.

[shelterman]

I have a large amount in BB and so expecting it to allow me to retire in a year and my wife being in Zeekrewards will be able to do the same.

Maybe I should seek your advice on this...does BB look like it would go well with ZR? Are you considering using the ZR banners with BB?

 

[bannersbroker]

my wife will run ZR and I will run Banners Broker...I will promote BB with my impressions.I am in the UK and BB is going really well and in the 10 or so years I have been doing Internet or MLM Banners Broker is the best opportunity I have ever seen.Having said that ZR runs a close second hence the reason my wife is doing ZR we dont want all our eggs in one basket.

She will buy more VIP bids when she believes its the right time to make sure she earns a passive income from ZR oh and I would be intrested to know your age because I've always believed I was one of the oldies on here

 

[shelterman]

my wife will run ZR and I will run Banners Broker...I will promote BB with my impressions.I am in the UK and BB is going really well and in the 10 or so years I have been doing Internet or MLM Banners Broker is the best opportunity I have ever seen.Having said that ZR runs a close second hence the reason my wife is doing ZR we dont want all our eggs in one basket.

She will buy more VIP bids when she believes its the right time to make sure she earns a passive income from ZR oh and I would be intrested to know your age because I've always believed I was one of the oldies on here

I'm 52...lol...thanks for asking!

 

[belgirl]

Its all semantics. At the end of the day: if you only put $200 in but have recruited 10 diamond members, your affiliates are going to make more than the retail profit pool. If you have put thousands of dollars in, like a friend of mine has, and are making $30,000 in the retail profit pool, then recruiting affiliates is just icing on the cake. Yes, the retail profit pool is what makes Zeekler unique--no doubt about it, but at the end of the day if you want to keep that profit going you have to do one of 2 things - either buy more bids or recruit.

No belgirl, his statement, "You have to recruit pp to be in profit. If you're an experienced recruiter you have a chance..." is NOT correct. And I hope no one thinks I'm hiding the fact that recruting affiiates doesn't HELP, sure it helps, but it isn't what MAKES this company work for the new person. What makes this work for the new person is the daily profit sharing part of the Retail Profit Pool. If you listen to Paul Burks or any of other Admins with ZR, THIS IS THE WHOLE REASON THIS BUSINESS PLAN WAS DEVELOPED, so that the person that has failed at all the other programs could succeed. But you DO have to put in SOME EFFORT. For crying out loud, you AT LEAST have to post your daily ad! ...And that takes less than ONE MINUTE PER DAY for me.

I spend WAY, WAY more time on forums "recruiting" for a LOT, LOT less revenue, but that is because I choose to and it will pay off in the long run.

I wish I could post my RPP report to prove the fact that, percentage-wise, very little of my profit comes from recruiting affiliates. Most of my profit comes from the basic profit sharing aspect of the RPP. Now if I keep recruiting and my downline keeps recruiting, will that percentage change? Yeah, sure it will, in fact with time, the profit from recruiting will overtake the basic daily profit-sharing part, but that is a long way off, for me at least.

 

[bannersbroker]

Im 56 lol where about are you from?

I'm 52...lol...thanks for asking!

 

[shelterman]

Its all semantics. At the end of the day: if you only put $200 in but have recruited 10 diamond members, your affiliates are going to make more than the retail profit pool. If you have put thousands of dollars in, like a friend of mine has, and are making $30,000 in the retail profit pool, then recruiting affiliates is just icing on the cake. Yes, the retail profit pool is what makes Zeekler unique--no doubt about it, but at the end of the day if you want to keep that profit going you have to do one of 2 things - either buy more bids or recruit.

...I haven't a single problem with anything you state here. You are ENTIRELLY CORRECT. What I want to make clear is that new people understand that you don't HAVE TO recruit to be in profit with ZR. I can't just let a statement like, "You have to recruit pp to be in profit..." just slide by without some sort of rebuttal. I'm NOT trying to make this business sound easier than it is, but I certainly don't want to let falsehoods slide by.

 

[shelterman]

Im 56 lol where about are you from?

South Central Missouri, US. If you've ever watched any episodes of the 60's early 70's sitcom "Beverly Hillbillies" and hear them talk about the Ozarks, then you know where I'm from...Most of us here dress a little differenent than they do though

 

[bannersbroker]

lol the Beverley Hillbillies was cult viewing in the UK loved it!!

South Central Missouri, US. If you've ever watched any episodes of the 60's early 70's sitcom "Beverly Hillbillies" and hear them talk about the Ozarks, then you know where I'm from...Most of us here dress a little differenent than they do though

 

[shelterman]

lol the Beverley Hillbillies was cult viewing in the UK loved it!!

LOL...I'm glad our culture has been entertaining to you!

 

[hersbear]

Yes, the retail profit pool is what makes Zeekler unique--no doubt about it, but at the end of the day if you want to keep that profit going you have to do one of 2 things - either buy more bids or recruit.

I just joined Zeekrewards, and my understanding is that after 90 days, the points you have start dropping off. So if you invested $100 to start and accumulated points on that, at the 90 day mark, the original 100 drop off. So, yes, they have to be re-invested to stay at your current level. I think.

 

[smallgiant]

I just joined recently as well. You are incorrect though. After 90 days the initial amount drops off and everyday from then on forever the same happens. So you do not need to reinvest because you should already be growing. The drop off stops unlimited growth which would cause sustainability issues.

Your sponsor should have explained things to you. Mine did a great job. Still I have my reservations about the site so we will see how it goes. My thoughts have more to do with the actual business model for the auctions. Customer retention is the inevitable problem.

 

[hersbear]

I just joined recently as well. You are incorrect though. After 90 days the initial amount drops off and everyday from then on forever the same happens. So you do not need to reinvest because you should already be growing. The drop off stops unlimited growth which would cause sustainability issues.

So if I put in $100, which turns into 100 points, at the 90 day mark, do those 100 points drop off or do the points earned on them start dropping off (and continue doing so each day forever)? And I worry about the day I'd like to take money out...and they don't have funds available.

 

[shelterman]

I just joined recently as well. You are incorrect though. After 90 days the initial amount drops off and everyday from then on forever the same happens. So you do not need to reinvest because you should already be growing. The drop off stops unlimited growth which would cause sustainability issues.

Your sponsor should have explained things to you. Mine did a great job. Still I have my reservations about the site so we will see how it goes. My thoughts have more to do with the actual business model for the auctions. Customer retention is the inevitable problem.

Smallgiant you are correct...sounds like you have a GREAT sponsor. Looks like he taught you well

Yes, as Smallgiant said the original 100 points has grown at the end of 90 days to WAY more than the original amount.

Let's try something. For those that wish to follow along, lets do a very simple step by step work through on how this works. I think that I can explain this better by getting us all involved in the calculations. Let's go thru a step by step process of showing how much a $100 purchase of VIP Bids will grow into at the end of 90 days.

The assumptions:

*The member is a Silver Member that purchases 100 VIP points on Day 1
*The RPP daily average is 1.50%
*As a Silver Member, the account was awarded 110 Bonus Points on Day 1


Ok. The First Step...Let's see how much the account will have grown at Day 60, which is the day that the 110 Bonus Points drop off, but I'll deal with that in the next step. For now, let's just figure how much that 100 point purchase on Day 1 will have grown by Day 60. The easiest way without making this complicated is to multiply 100 by 1.015 on your calculator then hit the equal sign 59 more times.

It is getting near bedtime where I am but I'll wait a while for an answer. I know it's the weekend, so if this all goes over the course of day or two that's ok. Does someone want to reply back with the figure that they come up with?

 

[shelterman]

So if I put in $100, which turns into 100 points, at the 90 day mark, do those 100 points drop off or do the points earned on them start dropping off (and continue doing so each day forever)? And I worry about the day I'd like to take money out...and they don't have funds available.

Yes, the 100 points drop off AND the points earned on them drop off each day, 90 days after they were created. If they went on forever there would be a definite problem, and personally I wouldn't be an affiliate with ZR. Smallgiant correctly addressed this problem though when he stated, "After 90 days the initial amount drops off and everyday from then on forever the same happens. So you do not need to reinvest because you should already be growing. The drop off stops unlimited growth which would cause sustainability issues."

 

[hersbear]

Does someone want to reply back with the figure that they come up with?

I think my finger slipped a couple of times but I came up with 240 after 2 months (is there a formula for figuring this?).

My sponsor didn't explain much of anything and isn't great at responding to emails. I've learned most of what I know reading this forum (thank you, in particular, shelterman).

 

[shelterman]

I worry about the day I'd like to take money out...and they don't have funds available.

I suppose this is a risk with any company that offers a profit share, that's why in the Business Plan and Spreadsheet, that I give to the people that sign up under me get, recommends that you pull your seed money out at specific time within the first 90 days.

BTW, Smallgiant and any of the others that I've sponsored also have this package and I'm sure they would be willing to share their's with anyone that signs up under them also. The spreadsheet is really a great tool to project and try out various bid purchase and cash out senarios. And comes with several preconfigured cashout senarios to get you started....It's pretty cool if I may say so myself.

 

[hersbear]

Shelterman, can I set up a second zeekler account under you? I see the potential in this and would like to have someone above me who knows what he is doing. I've put $30 in so far (silver membership, $10 in bids and $10 for the co-op), but I don't mind losing that money. I'd PM you but the system won't let me.

 

[shelterman]

I think my finger slipped a couple of times but I came up with 240 after 2 months (is there a formula for figuring this?).

My sponsor didn't explain much of anything and isn't great at responding to emails. I've learned most of what I know reading this forum (thank you, in particular, shelterman).

Yep, hersbear, you got it. Those original 100 VIP points have grown to 240 VIP Points by Day 60. Now, like I said, at Day 60 the 110 Bonus points drop off, but during that 60 days, they haven't been setting idle, they've been growing at 1.5% right along with the 100 points that were originally purchased. The 110 Bonus Points given to you by ZR when you initially joined will have grown to roughly 260 points (for the perfectionists out there, please allow me the privilage of rounding).

Ok, from that 260 points we'll subtract the 110 points (Remember, unlike VIP Bids which drop off after 90 days, Bonus points drop off after 60 days)...260 gross points - 110 original Bonus Points = 150 net points. What happens next is that those 150 points (from the Bonus Points) are turned into VIP points and added to the 240 VIP points...150 points (from the Bonus Points) + 240 VIP points = 390 Total VIP Points on Day 60.

Now, the next step is to figure what the 390 VIP Points will be at Day 90 by doing the same thing as before multiply 390 by 1.015 and hit the equal sign 29 times to give you the 90 day figure. I'm not going to wait up for the answer because I am going to bed....tomorrow we will find out what that original $100 has given us in VIP points at 90 days.

Till tomorrow...

 

[shelterman]

Shelterman, can I set up a second zeekler account under you? I see the potential in this and would like to have someone above me who knows what he is doing. I've put $30 in so far (silver membership, $10 in bids and $10 for the co-op), but I don't mind losing that money. I'd PM you but the system won't let me.

I don't think it would be in your interest to do that, besides, I don't think that ZR let's you have 2 accounts under the same name and SSN. There's really no need though, just ask your questions on this thread and we'll help you. Once you get started and get familiar with how all this works, you won't need any help. I know it's overwhelming at first but it'll slowly sink in. Trust me.

 

[hersbear]

Okay, I'll stay where I am.

I come up with 600. And then on day 91, my original 100 drop off, but I am left with 500. And on the same day, do the points I first started accumulating (100 x1.5%) 90 days earlier also start dropping off? So 500 less 1.5% = 498.5 x 1.5% = 7.47. So I stay ahead. Losing 1.5, which increases as days go on, but gaining 7.47, which increases as days go on. So in another 90 days, at the 150 day mark, do the original 110 bonus points, which were turned into VIP points, drop off?

Is this sustainable if more and more people join the profit sharing plan?