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When an Auction ends, who earns?

1) The Seller, of course.

2) The Success Coach of the Seller.

3) The Promoter. (I'll define this below)

4) And the Success Coach of the Promoter.


Who is the Promoter?

If the buyer clicked on an Ad, the Promoter is the person that created the Ad - earning 6% or 30% of the final price - depending on whether she paid for the Ad.

The Promoter can also be the person whose bid on the item caused a chain reaction of feed stories to go out - including an unlimited number of Likers, Commenters and Reposters that further spread the word.

Example:

Jo is selling Olives and Zoe bids on it.

Arlene (Zoe's friend) comments on it, spreading it to Arlene's friends and fans - one of which is Jenny Lee.

Jenny Lee "Likes" it - spreading it to her friends and fans - one of which is Scott.

Scott reposts it, spreading it to his friends and fans - one of which is JC.

JC bids and is the winner.


Guess who earns 6% of the final price?

Anyone?


You guessed it: Zoe.

You see, all the viralness is tracked back to a bid. The person that bid gets the credit, because she didn't just "Like" it - she put her money where her mouth was - proving that she really Liked it because she didn't mind paying for it to own it. 


In FanBox Auctions, it pays to bid on things:

Not only are you helping your friends and fans, your Success Coach, and the seller -- but you're also setting yourself up to be a seller (if you're lucky enough to win the auction).

If you win the product or service, enjoy it -- or place it up for Auction.

Seriously - what better way to find things to sell, than by bidding on them?

If you don't end up winning, you still earn as the Promoter.

And if you are the winner, you're setting up shop and now have things to sell.

Questions? I'm here for you.

886 Comments

wow

12 months ago

awesome define tactics, I was really in surprise, how someone bid and get share

9 months ago

Great ways to earn . useful info . Thank JC !

8 months ago

ah got the exact concept johnny .... but i thought all the people arlene , jenny , scott will also earn for their participation it it ...

plus why the success coach of promoter will earn ?

12 months ago

A very important imformation !! Thank you sharing !!!

7 months ago

When will its final winner? Yesterday I bids a auction and its showing the time that 6 days and some hour to end this bid, still I am the last bidder. If nobody bids it then I will be winner after 6 days? Please explain.

12 months ago

yeah and i am also feeling that what i gave Ads i am not getting what should be.please check why its so?

7 months ago

i like this post for bics auction. great information and nice job. thanks for sharing JC!

12 months ago

@Angeline: Success Coaches are the backbone of the community, and as such, they ALWAYS earn - on ALL earnings of their students.

SCs deserve it because they work extremely hard to educate their students; answer questions; approve Ads and uplift their students.

@Rafigue: When the auction ends, the highest bidder is the winner. You placed your bid; now just keep your fingers crossed! ;)

@Inamullah: Just one person will earn 6%: The first person to bid on it that spread it to the winner.

12 months ago

oh thanks johnny for a prompt explanation :)

12 months ago

that,s great

12 months ago


A very important imformation !! Thank you sharing !!!

12 months ago

Thanks for sharing!

12 months ago

Great Post, details and important information.
Thank you Mr. JC for sharing with us.

12 months ago

i have also some questions but from the conversation of miss Angeline Bridge,rafique and JC ,i have got my answers.

12 months ago

Very clear explanation on bids ! :-)

12 months ago

Great information. Thanks.

12 months ago

now it's getting clearer! the other post(By someone0 i read left me the hunch everyone earns - from bidder, liker, commenter, etc til the stuff is bought!

12 months ago

Thank you for explaining .... this is all starting to make a little more sense now. :) Now time to try it....

12 months ago

great information JC

12 months ago

JC thanks for all the great info you provide for us. Nice post

12 months ago

That was a nice example, JC. All doubts cleared....

12 months ago

nice information

12 months ago

its great to hear such a nice news after a long time.thanks Johnny Cash

12 months ago

Thank you always for your valuable posts here JC! I may have to resort back and read it again to make it sink in! I was wondering if we are looking for something specific where we could enter that and if there is a search for all the auctions going on now? Thank you once again Johnny Cash:)

12 months ago

ok JC thanks again

12 months ago

now it's getting clearer!
nice post johnny.It seems to be very interesting option from the FanBox to earn some extra by just biding, thanks for sharing fanbox!

12 months ago

Thanks for share dear JC. This post is also awesome.

12 months ago

Very interesting!

12 months ago

Dear JC. I have an question in mind, If i wins a bid and dont need and i placed it for reauction ,ok but will the money deduct from my account immediately,or not ,if deducted so when i get it returned and if I have low balance thn I will not further bids plz clearify when i wins and i ask the owner to hold it at his end will my money remain in my account or not till other person wins

12 months ago

nice information it new for me thanks

12 months ago

Nice information for good earning, thanks for share

12 months ago

Thank you it is still as clear as mud but I will get there eventually!

12 months ago

NICE information

12 months ago

Very Cool

12 months ago

nice information

12 months ago

very nice

12 months ago

nic

12 months ago

nice JC

12 months ago

Do we have to have all auctions posted to our fan feed?
This is so anoying & also is stopping posts from friends & fans getting through. My latest news is 6,8,or even17 hours old? (apart from auctions)
Could you not put the auctions as part of the dashboard so that whomever wants to buy can look there, just like ebay.
Also, I have noticed several SC,s auctioning thier services, can this be right? The impression I had was that they did coaching for the love of fanbox (& earned from it)
It's all very confusing!

12 months ago

That was nice explanation and good post Thanks for to we can more earning money....

12 months ago

This further enlightens the auction issues. Thanks Johnny.

12 months ago

Great post

12 months ago

yup. this is very good news and now I understand who earns exactly 6%

12 months ago

great post

12 months ago

fantastic job

12 months ago

I have noticed that many bidder from different shipping destinations are bidding on product. What will happen if they those bidder win the auction and unable to provide shipping address of that country.
for example, A is from India and he/she bid on the product of "B" who only ships to US. Now If A win the auction but unable to provide shipping address of US. what will happen ?

12 months ago