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Lockerz February Redemption! A New Policy?

Posted By Tony on February 17th, 2010

Lockerz Invite

Woof! It’s been a while since I’ve written anything on here, but here I am! With the end of a grueling semester I’m back to updating you guys on the ins and outs of Lockerz. If you’ve missed out on the monthly redemptions so far, Lockerz is having another one for the month of February. This time, they’re having a four part redemption process. These redemptions are broken up into 3 “Member Appreciation Redemptions” and 1 “General Redemption”.

We’ll start out with the general redemption. This is what you guys are already used to. Another redemption at the end of the month that thousands of users worldwide will be vigilantly waiting to click their favorite items. This is nice, but if you’re like me, then you probably haven’t had the best luck in redeeming that item that you’ve always wanted.

This brings in Lockerz’s quick fix for the situation–Member Appreciation Redemptions. So how do these work? Well, in short, users are allowed to pay points in order to get a chance at redeeming during these 3 “special” redemptions. With one additional redemption costing 100 points, 2 250 points, and 3 350 points. WOAH!?!?!! Paying for additional redemptions?!!?! Is this ethical? I’ll let you marinate on that while I present you with the details first.

Where will the Member Appreciation Redemption take place?

PTZPlace.lockerz.com. Members can log in directly or through www.lockerz.com through PTZ Place.

What is a wave?

A wave is a set time period when prizes are restocked and available to redeem on Lockerz.com.

How many prizes can I redeem in the Member Appreciation Redemption?

You can redeem one prize in total, not one per wave. If you redeem a prize, you will be unable to redeem in any additional waves for February, including the general redemption, which we plan to have before the end of the month.

Do I have a better chance at redeeming in the Member Appreciation Redemption or in the general Redemption?

Your chances are much higher in the Member Appreciation Redemption as we anticipate significantly fewer members competing, and there will be three waves and chances vs. the one wave in the general redemption.

So if I use my PTZ in advance, I will definitely get my prize.

No, you are not guaranteed a prize. As in all previous redemptions, prizes are still subject to availability and the most popular items go quickly.

If I don’t get the prize I wanted in the three waves, can I get my PTZ refunded?

Sorry, no. While using your PTZ to gain access to this special Member Appreciation Redemption does significantly increase your chances, we cannot guarantee the prize you want will be available.

When and how can I participate in the Feb. 25th Member Appreciation Redemption?

You can sign up to participate on February 18th, between 9:00 – 10:00 p.m. EST for 24 hours. It will close on Feb 19 between 9:00 – 10:00 p.m. EST. If you want to participate in these special redemption waves, you must take advantage of this opportunity and buy chances on Feb. 18. We will not offer these chances at a later date.

What if I don’t participate in the Member Appreciation Redemption event?  Can I still participate in the general redemption?

Yes. The general redemption is for anyone who didn’t participate in the Member Appreciation Redemption, as well as everyone who participated in the Member Appreciation Redemption. but didn’t redeem a prize.

Will you announce the date/time in advance?

Yes. The date for the Member Appreciation Redemption will be on February 25th. Wave Times will be available to those members who sign up.

What if I only want to participate in one particular wave-for example, wave 2?

If you purchase 3 chances, you are eligible to participate in waves 1, 2 and 3, in addition to the general redemption, or until you redeem a prize.

If you purchase 2 chances, you are eligible to participate in waves 2 and 3, in addition to the general redemption, or until you redeem a prize.

If you purchase 1 chance, you are eligible to participate in wave 3, in addition to the general redemption, or until you redeem a prize.

What if I sign up for these extra chances and forget to login during the event?

You must login during wave to participate. Logging in during the waves is your responsibility.  We will not refund PTZ to people who forget to login during redemption waves.

Where will the redemption waves take place?

When the Member Appreciation Day waves begin, those who have reserved their access on the 18th will see PTZPlace.lockerz.com go LIVE, just as it has during the past two redemptions. They will be allowed to enter from this URL directly or through lockerz.com, while members who have not signed up, will not be able to login.

Will I receive a pass or receipt by email if I sign up for the Member Appreciation Redemption?

No. Your email address will be recorded and only those who are participating in the Member Appreciation Redemption will see the site go LIVE during the wave times.  Your email address and Lockerz combination is your pass.

May I purchase extra chances and give them to someone else?

No. Chances may only used by the member who purchased them.  You cannot “gift” them to someone else.

Can I sign up for more than one opportunity?

No, you can only choose one, so select carefully.

So who does this benefit? It gives those users that have accumulated a lot of points during the course of the year, but have yet to have the opportunity to use their points. Furthermore, it gives Lockerz an easy way to “flush” away bulk points from users. This ends up being a win-win situation for both parties, since users will be able to use their excess points to almost “guarantee” a prize, while Lockerz gets to clear points that would equate to something ranging from a video game to a Xbox.

What am I going to do? Well, I still have yet to redeem anything here, but have accumulated quite a bit of points so I’ll most likely be spending 100 or 250 points on the extra redemptions. What is your opinion on the matter?

Thanks a bunch for reading and if you like what you’re reading, please subscribe to my blog!


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One Response to “Lockerz February Redemption! A New Policy?”

  1. Ingrid says:

    I wondered if you could tell me how often the redemptions happen?
    Because next time I would like to try the Member Appreciation Redemption, do you know how I would be alerted of the new opening of this Member thing?
    I dont care paying more PTZ, I’D really like to win something!!

    thank you a lot :)


Leave a Reply to Ingrid