Zeek Rewards Multi Level Marketing compensation strategy and also

One of the a lot more attractive qualities of a Ponzi  system is that for  extremely little  work, if  any type of at all,  associates  may  acquire a  significant return on their investments. Zeek Rewards Review Splice this in with a MLM compensation strategy and let the word spread virally  with the  market and  eventually you're bound to  bring in the attention of  additional companies operating in the same sector. With no strands  fastened  members wise, it's no secret that  numerous Zeek Rewards affiliates are  included  largely in  some other  NETWORK MARKETING  chances that for some,  prohibited the cross marketing of  other  possibility to their existing downlines. The stricter of these affiliate/distributor agreements even prohibit the simple participation in  an additional  NETWORK MARKETING  business altogether. Nonetheless, as VIP point balances well up those playing the multi-opportunity stakes in Zeek Rewards  and also  additional  providers are no doubt  identifying themselves in the challenging position of  analyzing up their primary  Multi Level Marketing  company with that of Zeek Rewards. Simply put, it's tough to  neglect the returns Zeek Rewards  pay daily for what  may  conveniently be  considered passive investment  earnings ( using purchased  consumers  as well as ad placing  hands free operation). When you compare this to a typical sales based MLM opportunity that relies on  legitimate customers (not  gathered email addresses where the  managers don't  also  understand they've been  enrolled  and also don't have to  in fact  buy  everything to be  tallied as  consumers), it  does not take long for the Ponzi'esque returns to  rise above the  profit derived from a legit opportunity. With this regrettably the  inescapable  takes place  and also Zeek Rewards  associates look towards their  very own existing downlines in an  work to  increase their Zeek downlines. There's no quicker method to  raise your own  financial investment returns than to  encourage people you know to  even  put in and reap the passive  percentages this  creates. Inevitably enough associates are involved in multiple  providers that  administration  can easily no longer  dismiss queries from their  industry  as well as in the most extreme cases, even find themselves being called on to make a public statement on the  chance in question. 2 days one such executive was Monavie's President of their North American and also European markets, Randy Schroeder. Blasting Zeek Rewards on a July 16th Monavie " Management Mentoring" telephone call, Schroeder (who credits himself as being "one  that has  comprehensive knowledge of the (MLM)  market")  declared that Zeek Rewards was a  business that "comes along and  vacuums people  in to a trail that  becomes a trail of devastation". Zeek Rewards Top Team

Citing many requests "over the past  numerous weeks  pursuing his  point of view on Zeek Rewards ( theoretically from Monavie affiliates), Schroeder ( pic above) declared on the 16th that Zeek Rewards is " unlawful, a pyramid  system ( as well as) probably a Ponzi  system". Elaborating on why, Schroeder states that "one of the best  means to predict the future is to  thoroughly and  significantly study the past". He  at that point  takes place to  cause that business whose compensation  approach is even remotely  like the  method  individuals are  settlement in the  course called Zeek Rewards,  fallings off  method  beyond the FTC  rules in terms of what's  legit in the network marketing or direct selling industry. I  imply way,  method, way outside the guidelines. My hunch is that Schroeder is  talking specifically about  inner consumption and that in its current form (and for the past year  and also a half), Zeek Rewards  has actually  worked with  close to 100 % internal consumption by way of affiliates purchasing bids to give away. Once these bids are awarded, or  unloaded onto customer accounts ( generated with an email address, and in  numerous cases where the  manager of the email address has not  registered themselves or is even  informed they are being  joined to Zeekler, Zeek Rewards's penny  public sale arm), the Zeek Rewards  associate who  offered the bids they themselves  acquired away, then  takes place to  acquire a 90 day ROI on their bid  acquisition. The most well known  provider Schroeder  examines Zeek Rewards to  will of course be  Advertisement  Browsing Daily, a Ponzi scheme that  provided  unbelievable returns claiming its  associates were  acquiring advertising. In Zeek Rewards, the company declares its  associates are  acquiring penny auction bids and  delivers similar  foolish returns, believed to be by and large funded by affiliate  hard earned cash. Zeek Rewards turn down to  make clear if this is the case and/or release  paperwork  verifying  normally. CEO Paul Burks claims that the compose of the  everyday ROI that Zeek Rewards  pays is a "proprietary  formula". Based upon this, Schroeder concludes that Zeek Rewards will " concern grief in the pretty near future, not far  in to the future", I think when people are being inquired to invest ten  1000 dollars into a  show with the idea they  have to do no work  yet  will certainly  obtain  expensive returns, is  screeching out in advance: "Don't do it,  do not do it,  do not do it, don't do it!" And also yet so appealing is the  concept of  quick  funds for which one need not  operate that alot of  individuals are  having  scrubed  in to that trail. Currently I will  simply to  offer you all my word of  care, it's gunna blowup, it's gunna be an  unsightly blowup, it'll  most likely  occur  quicker not later and it will leave a trail of devastation behind it. It's illegal, it's a pyramid, it's most likely a Ponzi  system, it's  getting  stopped-- don't  have  scooped into it. Bring even more weight to Schroeder's words is a short look at the  varieties of  individuals the  NETWORK MARKETING  cent  public sale  particular niche has  enticed thus far: Zeek Rewards-- it's no secret that many of the top earners in Zeek Rewards were top members in the Ponzi scheme Ad  Search Daily. Most likely a fair piece of the initial investment seed money pumped into Zeek Rewards came directly from  Advertisement  Browsing Daily Bidify-- Bidify's Chief Creative Police officer, Frode Jorgensen has a  past with being involved in  just offshore  earnings opportunites that  highly resembled Ponzi schemes. Many some other founders exist,  having said that they are shrouded in secrecy with Bidify to date not  disclosing the  precise  commercial structure of the company Bids That Give-- CEO and originator Randy Jeffers has had  several  Multi Level Marketing  companies  stopped by  United States authorities

The most current  NETWORK MARKETING  cent  public auction to pop up on my radar is 'Igobidwin' ( additionally being  industried as "Global Paradigm  Switch", "Ultimate  Strength Profits", "Power Profits", "Spinfinity"  as well as "MyTurnOnTop"), which is being  introduced by GlobalOne Companies LLC. Not much is recognized at this point (the company is  expected to launch sometime in the next few weeks)  yet there  seems  possible ties between GlobalOne Companies LLC and the pyramid scheme feeder OneX. Members of Igobidwin who purchased their  members  by means of  bank card,  recognized they were being billed by 'SIGNATURELIFE QLX', the same  provider that  showed up on OneX member  slips. OneX was a feeder in to QLXChange, which in turn  supplied members  in to a world of shady closed-door investment  possibilities, with participation only allowed if a non-disclosure agreement was signed. At the end of the day whichever NETWORK MARKETING  dollar  public auction you're  taking into consideration, they all operate on the fundamental  guideline idea that members invest $ x,  receive some sort of virtual  money points and then earn an effective ROI) $ x based on how  several points they have, with the points expiring after a  particular  period. Associates  could of course  boost their points ( as well as  successful ROI) by re-investing the returns the  business  pays daily, and/or  sponsoring  brand-new  backers (affiliates) and  receiving them to invest. Almost 100 % of the revenue generated by these  providers is via  associate  acquisitions (investments in bids with the  single  acquiring  incentive being to  switch them into points for the daily ROI  provided) and thus the  exact same is true of where the money these  providers are  paying  stems from. This alone is sufficient analysis of the common  central  company  style  utilized by  NETWORK MARKETING penny auctions (you  will not  ever before  view one of these launch that just pays out  regular commissions on the sale of  cent auction bids,  due to the fact that there are no  legitimate retail  consumers),  yet when you consider who is  included at the top  degrees of the companies in the  specific niche, either at a  administration level or as  best earners, the  creating is on the wall. No doubt attempts will be made to  just simply brush off Schroeder's comments as "jealousy", " negative thoughts" or  some other dismissive labels,  having said that little can be  stated to  negate his claims. I mean you can do the whole pseudo conformity song and dance and \* winkwink nudgenudge \* call a wolf in sheep's  clothes a zebra,  yet functionally this  modifications  nothing at all. No matter what front business you attach to it, no matter what you call member financial investments  as well as no matter  exactly how  tough you  penalize your members for  utilizing  financial investment  terms under the guise of "compliance", an  earnings  chance that  pays returns (guaranteed or not)  based upon how much seed money a new members  administers into the  system, which is  comprised of  the cash new and existing affiliates  have actually both initially  put in and continue to re-invest so as to  increase their  everyday returns, is a Ponzi  system. Precisely how anyone that  has actually been or is involved in the  multi level marketing  market for more than  10 minutes  as well as can appreciate the idea of selling  items to  legitimate retail  consumers and  making a commission on  stated sales can  assume  normally, continues to baffle me.

You can hear Randy Schroeder's comments pertaining to Zeek Rewards in their  whole below:

Mention that the above sound was taken from the July 16th Monavie " Management Mentoring"  telephone call which in its  whole ran for 53 minutes  as well as 38 seconds. Zeek Rewards was not touched on or referred to in the rest of the call. Zeek Rewards Scam