Yesterday I received a call from my close friend and long time mentor Tom Chenault because he had received a call himself, from a close friend who asked “Does Troy Dooly endorse Zeek Rewards, and the Unique Auction niche?”
Chenault, went on to mention he had heard my videos were all over Zeek Reward’s site, and that it might have been mentioned that the Association of Network Marketing Professionals also endorsed Zeek Rewards.
Well let me make it perfectly clear, the ANMP aka Association of Network Marketing Professionals, does NOT endorse Zeek Rewards or any other network marketing company for that matter. We do have network marketing companies who sponsor our crusade and help us in underwriting the costs in educating both companies and distributors on the best practices to be used in the network marketing community. And we have sponsors who help underwrite our legal fund when we fight along side the DSA in defeating legislative bills which could harm the network marketing community as a whole.
Now as for me endorsing Zeek Rewards, DubLi Network or any other company inside the Unique Auction niche. I do not endorse any one company. However, I am very vocal in supporting corporate leadership who understand the need to hire the best legal and compliance minds today, to make sure the company has the best chance of becoming a viable network marketing opportunity for the independent business owners who decide to signup to market their brand.
Now I can say that based on the current information I have at hand, DubLi and Zeekler do seem to be the two “Unique Bid Companies” inside the network marketing community who are doing it right, or at least are trying to do it right. That does not mean BidiFy or Co2 Rewards will not get their act together, it just means the others are ahead of the compliance game.
Now for those who may be scratching their head wondering what a Unique Bid Company is, then join the club, I had the same issue.
To make is simple, there are two types of Unique Bid Auction companies in the niche today. Both seemed to have originated in Europe around the middle of the first decade of the 21st century.
Highest Unique Bid aka Penny Auctions. This is where the bidder must have the highest unmatched bid when the auction closes to win.
Lowest Unique Bid aka Reverse Auction. This is where the bidder must have the lowest unmatched bid when the auction closes to win.
Well for some this will clarify where I stand on this issue, for others they will still wonder… For all, I will do two more videos and article on the Unique Bid Auction Niche to help us all better understand why people are attracted to this type of business model.
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