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| Vicesus will survive without the network but most others cannot. |
Q: Why do most Auction Concepts Fail?
A. This happens for more than one reason.
Reason 1: Because the focus is primarily on the Sale of Bids, not the Customer and what the customer does with the bids. Whomever wants to Buy would be offered a Return Share on the purchase of those Bids. This is considered an investment. The purchase of anything with a guarantee or an offer to get a Return on that Investment is considered just that, an 'Investment'. These concepts are NOT sustainable and we have seen this issue happen before.
Reason 2: These companies Sell Bids to Affiliates who in turn give those bids away to Auto generated customers.
Q. What makes Vicesus Different?
A. Vicesus MAIN FOCUS is on CUSTOMERS and LONG TERM thinking. Think AMWAY of AUCTION. The main reason most auction concepts fail is because not all bids will be USED. but the company earns the same even if the Bids are Used or Not. The question becomes: Is there REAL turnover or are the Affiliates buying and using these bids themselves. Here, Affiliates are ONLY paid in the weekly pool on USED bids which encourages the Affiliates to promote the Auction and the acquisition of new customers.
The Comp plan is made so the Moms and Dads (the average person) can still Earn (even a small portion) in the matrix without doing anything else other than being active and have 2 customers that are active. which is 100% required for anyone to get paid. The Main income MUST come from customers.
Here is a breakdown of the income and how it is derived..
68% + the win bonus + retail
- 10 % in matrix
- 20% in uni-level
- 35% in the weekly pool
- 3% in achievement pool
- plus approx 1% extra in the auction win bonus
Q. What is the definition of Compliance in Auctions?
A. The share of profits to affiliates from Bids that are USED by customers. Otherwise the auction concept will seem to operate more like investment or ponzi schematics.

Excellent explanation that clears up the misunderstandings surrounding penny auctions and shows when and how they become a compliant business when run ethically.
ReplyDeleteThank you Danny!!!
Love it when a business comes along that has all the pieces in place to be explosive. Thanks Danny.. Right place right time with this one for sure..
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