Zeek Rewards -The Truth About Zeek Rewards By Zeekler

Are you wondering about Zeeker?

Zeekler is a company I hadn't heard about until recently even though I came to learn that it's been around for a while. Zeekler is the parent company of Zeek Rewards, the leading network marketing company today. Zeek rewards acts as the marketing and affiliate arm of Zeekler the parent company.

Zeekler is a penny auction company. It's been around for over 14 yrs but has just recently come into the spotlight due to it's ever popular Zeek Rewards, an affiliate and marketing arm of Zeekler that provides its affiliates an income opportunity.

From now on, we will address the Zeek Rewards business opportunities and examine it in details.

The Company

As I said before, Zeek Rewards in the marketing arm of Zeekler and the two are own personal by Rex Venture Group, a subsidiary of Lighthouse America US. .

Zeek Rewards CEO is Paul Burk .

Penny Auctions

Let's say an Ipad comes up for sale. The bidding will start at $ 0.01 (one cent) and each subsequent bid can only be between 1-8 cents at a time.

Each sale has an end date and time. If the countdown timer approaches 30 seconds and someone places a bid at that time, it will reset for another 30 sec.

When the clock stops, the last bidder wins the item, usually for 50-90 % LESS than the starting price.

Reveal Price Auction sale

Reveal price public sales start with an item on a set which is close to the retail price of the item
The bidder does not know the price of the item and the only way to find out is to place a bid and "reveal" the current public auction price of the item. Each and every bid placed to reveal the price also lowers the price of the item incrementally.

Once the price meets a reserve, bidders then have the choice of getting the product, or continuing to bid on it and drop the price further. Once the reserve has been met, the first bidder to agree on the price shown to them wins the auction.

Falling Price Auction

In falling price public auctions, the price generally drops each and every second until a reserve price is met or the product sells out. The first person to "buy" the product wins it. bidders can choose to " pay for" the product at any moment before the action closes.

Why would anyone " pay for" a product who's price is dropping every second? Why not wait until the price goes down to Zero?

Well, it's very simple. You're not the only person bidding for that product and anyone can jump in at any time and " acquire" it. The item may or may not be tendered again for auction sale depending on availability and thereby it's better to buy it when you're happy with the price as opposed to waiting for the price to continue dropping and risk losing the item to another bidder. .

Every participating bidder is able to get the item at any time during the price drop, at which the public sale closes. .

Premier Public auctions

Zeekler's Premier Public sales function in the same manner as a regular penny public sale but they come with an entry fee that must be paid if you want to participate in the auction sale.

What makes VIP auction sales different from Penny Sales.

It's simple really. In penny public auctions, you buy credits (bid packs) to bid with but in a VIP auction, you pay for yourself a "seat" at the public sale and use your exclusive bids to bid your heart out.

You don't pay any more subsequent to buying the seat, unless you win the item. In that case, you just pay the final price of the item plus any other fees that apply .

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