Understanding Retail Profit Pool (RPP)
Introduction
The RPP is the foundation of your business and by far the most important part of it!
The RPP is little bit complicated so I tried to make it as simple as possible. I wasn’t sure where to begin, but I think it’s best to start with how the company decides with how much money to reward us with. Then I’ll teach you how the RPP’s compensation plan works and our part in it.
Our work at Zeek Rewards is to advertise zeekler penny auction site, we do this by placing daily ads, selling Retail/VIP Bids and buying VIP bids and giving away as free samples. How to actually give bids or place an ad I’ll teach you later, it’s really easy so don’t worry about it. Focus only on understanding the process.
The RPP is little bit complicated so I tried to make it as simple as possible. I wasn’t sure where to begin, but I think it’s best to start with how the company decides with how much money to reward us with. Then I’ll teach you how the RPP’s compensation plan works and our part in it.
Our work at Zeek Rewards is to advertise zeekler penny auction site, we do this by placing daily ads, selling Retail/VIP Bids and buying VIP bids and giving away as free samples. How to actually give bids or place an ad I’ll teach you later, it’s really easy so don’t worry about it. Focus only on understanding the process.
*After reading this page go to the Understanding 2×5 Matrix page – the matrix accelerates the growth of your business.
The Cash Reward
The company shares up to 50% of its daily profits with it’s *Qualified Affiliates. Each day the company tallies the day’s net profits and determines that days Retail Profit Pool Award (Cash Reward). Then depending on the amount of your VIP Points you get your daily share (also called Cash Reward – it’s actually the same thing – the percentage or the cash value of that percentage).
It will get clearer down the page.
It will get clearer down the page.
* The numbers are for example use only.
The Retail Profit Pool share’s average is around 1.5%.
Depending on week’s day, it goes from 0.5% to more than 2%.
Never seen the average below 1.4%.
The Retail Profit Pool share’s average is around 1.5%.
Depending on week’s day, it goes from 0.5% to more than 2%.
Never seen the average below 1.4%.
*You call the 1.54% a “Cash Reward” or the $15.4 you get – it’s the same thing.
Before we learn what we can do with that share, let’s learn about our buckets first.
The site itself uses the buckets example because it’s easier to visualize. That’s why I will use the same example.
The site itself uses the buckets example because it’s easier to visualize. That’s why I will use the same example.
* You do this by setting the Bid Repurchase Preference percentage In the Retail Profit Pool page.
O.K. – Let’s Start
Daily Ad – The first thing we need to learn
Each day you place one ad in order to participate in that’s day Cash Reward.
After you join, the big menu you’ll see is called “Back Office”. From there you do all your actions.
Go to “PLACE YOUR AD”. At the bottom of the page you’ll see “A Step-by-Step Video on How to Place Your Ad” you also have text and audio instructions. Piece of cake – It will take you 2 minutes a day once you learn.
* submit by 5pm EST every day.
Each day you place one ad in order to participate in that’s day Cash Reward.
After you join, the big menu you’ll see is called “Back Office”. From there you do all your actions.
Go to “PLACE YOUR AD”. At the bottom of the page you’ll see “A Step-by-Step Video on How to Place Your Ad” you also have text and audio instructions. Piece of cake – It will take you 2 minutes a day once you learn.
* submit by 5pm EST every day.
Qualified Affiliate:
To participate in RPP, first you need to be a Qualified Affiliate:
- Premium Account (silver, gold or diamond).
- Sell minimum 50 Retail/VIP Bids or buy 10 or more VIP Bids and give away as samples to customers.
Fastest way to achieve that is to:
- Start as a silver Premium member or upgrade later on. Silver -$10/month.
- Buy 10 VIP Bids – $10. Give them to a customer:
- Make a friend or a family member to Join the Zeekler site for FREE under your affiliate name and give him the 10 VIP Bids(maybe he’ll win something) as samples (“Bid Give Manager” will do it automatically).
- Or Join the 5CC Co-op – $10. Your VIP Bids immediately will go automatically to “company wide pool” and you’ll get 10 VIP Points. Once the company acquires 5 customers they will give them to you.
How do we get VIP Points?
Two ways to get VIP Points:
- Sell Retail/VIP Bids: When someone joins zeekler auction site through your affiliate name, he is your customer. When you place daily ads you will notice your name before the zeekler’s sites address, anyone joining there is your customer. When that customer buys Retail Bids or VIP Bids at zeekler.com you get CASH and VIP Points.
- Buy VIP Bids: You buy VIP Bids and give them to customers as samples.
- You repurchase VIP Bids with your daily cash reward (Bid Repurchase Preference in the Retail Profit Pool’s page does that).
- You buy VIP Bids with your money $1 for 1 VIP Bid.
How do I give Bids?
Bid Give Manager will give automatically to your customers or to the “company wide pool” if you joined 5CC Co-op.
FREE START
When you join for free, you start with 100 Bonus Points.
The 100 Bonus Points is the company’s gift to you so you can start your business and test the waters. Every day you place your ad, the points will grow. After 60 days those points will grow to 230 more or less (assuming you placed an ad every day) and transfer to your VIP Points minus the 100 Bonus Points you started with. So you will have 130 VIP Points. To start earning daily Cash Rewards on these 130 VIP Points you’ll have to turn into a Qualified Affiliate.
I recommend not waiting the 60 days and starting sooner. Become Qualified Affiliate as soon as you ready to start and buy as many VIP Bids as you can and the Bonus Points will be added to your VIP Points after 60 days, otherwise it will take you months to grow the initial 100 Bonus Points to a normal VIP Points amount.
*check Getting Started and Strategies pages for more information.
The 100 Bonus Points is the company’s gift to you so you can start your business and test the waters. Every day you place your ad, the points will grow. After 60 days those points will grow to 230 more or less (assuming you placed an ad every day) and transfer to your VIP Points minus the 100 Bonus Points you started with. So you will have 130 VIP Points. To start earning daily Cash Rewards on these 130 VIP Points you’ll have to turn into a Qualified Affiliate.
I recommend not waiting the 60 days and starting sooner. Become Qualified Affiliate as soon as you ready to start and buy as many VIP Bids as you can and the Bonus Points will be added to your VIP Points after 60 days, otherwise it will take you months to grow the initial 100 Bonus Points to a normal VIP Points amount.
*check Getting Started and Strategies pages for more information.
SHORT and SIMPLE:
- Silver Premium account – Start with or upgrade later.
- Buy 10 or more VIP Bids.
- Join some friends/family to Zeekler auction site under you affiliate name or join 5CC Co-op.
- Place your daily ads.
The daily Cicle:
Basically each day we repurchase VIP Bids with our daily Cash Awards and Give them away to customers. We just have to have customers or join the 5CC Co-op. Then the system will do all the work for us.
5CC Co-op will give us 5 customers. It means if we have silver account we can give up to 50 Bids per customer which means total of 250 Bids. Then if we don’t have our own customers we’ll have to purchase more from the Co-op. Although it doesn’t cost much it’s always better to have our own customers and use the Co-op as a safety net.
Basically each day we repurchase VIP Bids with our daily Cash Awards and Give them away to customers. We just have to have customers or join the 5CC Co-op. Then the system will do all the work for us.
5CC Co-op will give us 5 customers. It means if we have silver account we can give up to 50 Bids per customer which means total of 250 Bids. Then if we don’t have our own customers we’ll have to purchase more from the Co-op. Although it doesn’t cost much it’s always better to have our own customers and use the Co-op as a safety net.
*Don’t forget to place daily ads.
*Set the Give Away Bids to maximum in the “Bid Give Manager” the Automatically Give New Customers to: 50 Bids as Samples (silver account maximum amount is 50).
*Set the Give Away Bids to maximum in the “Bid Give Manager” the Automatically Give New Customers to: 50 Bids as Samples (silver account maximum amount is 50).
The whole point in RPP is to grow your VIP POINTS bucket more and more as fast as possible, so you can get bigger CASH REWARD each day. Fastest way to do so is to set Bid Repurchase Preference to 100%. But you can grow you VIP Points AND get weekly paychecks at the same time by setting it to 80%, like in the third example.
*Go to the Strategies page to learn about different ways of progress.
*Go to the Strategies page to learn about different ways of progress.
By the way this is how the RPP looks if we start Silver and buy 1000 VIP Bids with Bid Repurchase Preference set to 100% :
More Information:
80/20 rule *IMPORTANT*
Each VIP Point you get has a 90 days life span.
Don’t set your Bid Repurchase Preference to less than 80%!!!
This rule allows the VIP Points to grow endlessly.
Setting to less than 80% for a long period of time, will result in decrease of VIP Points in the future.
Set it between 80%-100%.
Each VIP Point you get has a 90 days life span.
Don’t set your Bid Repurchase Preference to less than 80%!!!
This rule allows the VIP Points to grow endlessly.
Setting to less than 80% for a long period of time, will result in decrease of VIP Points in the future.
Set it between 80%-100%.
90 days VIP Points life span
A lot of people upset about the 90 days VIP Points life span.
But understand it is crucial that the points will drop and new points come. If the VIP Points where to life forever in your bucket, all the system would have collapsed. That is what keeps the cycle going. And don’t worry; following the 80/20 rule, your VIP Points will always keep getting bigger and bigger.
A lot of people upset about the 90 days VIP Points life span.
But understand it is crucial that the points will drop and new points come. If the VIP Points where to life forever in your bucket, all the system would have collapsed. That is what keeps the cycle going. And don’t worry; following the 80/20 rule, your VIP Points will always keep getting bigger and bigger.
The Power of Compounding
A famous example on compounding:
Would you rather have $1,000,000 or a penny doubled in value every day for 30 days?
Well the penny will turn into more than $5,000,000 – And that is the power of Compounding!
A famous example on compounding:
Would you rather have $1,000,000 or a penny doubled in value every day for 30 days?
Well the penny will turn into more than $5,000,000 – And that is the power of Compounding!
Same here at Zeek Rewards!
Example:
Buy 1,000 VIP Bids, give them away to customers. You get 1,000 VIP Points!
After 90 days assuming the average profit pool share is 1.5% and with Bid Repurchase Preference set to 100%. You’ll have 3818 VIP Points. Days 91 the first 1,000 will drop and you’ll remain with 2818. It’s a 188% increase in your initial Points. Day 92 only 15 points will drop and 42 points will be added! And remember as long as your Bid Repurchase Preference set to no less than 80% your VIP Points will always increase despite the 90 days life span.
The more VIP Points you have the faster they will grow.
That’s why there are people buying a lot of VIP Bids as they join.
Example:
Buy 1,000 VIP Bids, give them away to customers. You get 1,000 VIP Points!
After 90 days assuming the average profit pool share is 1.5% and with Bid Repurchase Preference set to 100%. You’ll have 3818 VIP Points. Days 91 the first 1,000 will drop and you’ll remain with 2818. It’s a 188% increase in your initial Points. Day 92 only 15 points will drop and 42 points will be added! And remember as long as your Bid Repurchase Preference set to no less than 80% your VIP Points will always increase despite the 90 days life span.
The more VIP Points you have the faster they will grow.
That’s why there are people buying a lot of VIP Bids as they join.
Now let’s play with some numbers:
Assuming Retail Profit share is 1.5%.
You want your VIP Points to increase and get paid so you use the 80/20 rule.
Assuming Retail Profit share is 1.5%.
You want your VIP Points to increase and get paid so you use the 80/20 rule.
- 10,000 VIP Points will give you $150 Cash Reward; 20% to CASH Bucket is: $30 a day. $210 a week. $900 a month.
- 25,000 VIP Points will give you $375 Cash Reward; 20% to CASH Bucket is: $75 a day. $525 a week. $2,250 a month.
- 50,000 VIP Points will give you $750 Cash Reward; 20% to CASH Bucket is: $150 a day. $1050 a week. $4,500 a month.
You can set the Bid Repurchase Preference to 100% so it will grow faster until you get to the desired VIP Point amount and then you can set it to 80% to get weekly paychecks. And remember the more VIP Points the faster it grows. It means the start will be slow but as we progress we accelerate to a bigger paycheck each day.
After you join and look around, read this again and all will be clearer.
See how Understanding 2×5 matrix page to accelerate your VIP points
