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Zeek Rewards is a penny auction website that allows its qualified people earn a cut of the company's revenue for that day, 7 days a week. A qualified affiliate is a paid affiliate (Silver, Gold, or Diamond) that places an ad for that day. I will be going over the "make money" side of the site. If you want to look at how the auction works you can learn more by visiting Zeekler. I will be going over things according to the site. Consider it this way, when you join Zeek Rewards you have 4 buckets. You got a bucket called VIP, a bucket called Bonus Balance, a bucket called Leftover Change, and a bucket called Cash Available. Zeek Rewards VIP Profit Points Bucket Whenever you buy and award a VIP Bid to a customer in your Zeek Rewards Back Office a point is added to the VIP bucket. Zeek Rewards Bonus Balance Bucket From time to time Zeek Rewards awards points into your Zeek Rewards Bonus Balance. For example, each brand-new signup gets 100 points in their Bonus Balance to get them initiated. New Zeek Rewards members who choose to initially join at the Silver, Gold or Diamond level upon their initial registration receive 10, 50, or 100 bonus points. In your VIP Retail Profit Pool Report there is also a Bid Repurchase Preference box. This tells the Zeek Rewards profit pool what percent of your daily rewards you want to draw back in cash and what percentage you want to use to purchase more VIP bids. Zeek Rewards Leftover Change Bucket Let's say you are a qualified member and you have 500 bids in your VIP bucket. If you had your preference set to use 100% of your profits to go back into buying more bids, and the company awarded 1.5%, you would receive $7.50 Cash Award. This will be used to purchase 7 more bids and you'd have $0.50 towards another bid. Those 50 cents would be in you leftover change bucket, until it reaches a dollar, which then would be used to pay for the next VIP bid. Every time the leftover change bucket reaches a dollar or more, a dollar is deducted from it and buys you another VIP bid. This is the great thing about Zeek Rewards. You earn a small portion every day which can really add up after a while. Zeek Rewards Cash Available Bucket The bonus balance is calculated separately, but is built-up by the same percent every day that you qualify as the VIP bucket. If the award is 1.5% and you have 100 points in your bonus balance bucket then tonight the bonus balance would increase to 101.5. Since bonus awards cannot be withdrawn as money, the bid repurchase preference does not affect them. They will always produce awards at 100%. Tomorrow night the 101.5 would increase to 103.0225. Since bonus points are not ordering bids there is no need to track to 0.0225 separately. Your Zeek Rewards bonus balance will continue to decrease for a full 60 days and will transfer over as points (not bids) into your VIP point balance. That would be the 100 points you started with plus whatever points awarded that you have accumulated over the 60 day earning period. For example: Awarded points equal 125 and original bonus of 100 (total 225 points). At that moment, the original 100 points would drop off and the 125 remaining points would be transferred to your VIP bucket. From that point forward your daily cash award amount would be based on the full amount in that bucket, including the points that were transferred from the bonus balance bucket. Remember that bid purchases will build for 90 days and bonus points will generate awards for 60 days. At that point they 'drop out' of their bucket. This is not your typical MLM business. Zeek Rewards awards you for placing ads every day. If you would like to learn more on Zeek Rewards and how this will help you create a residual income with literally only 10 minutes a day, be sure to check out how it works at the official site.
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