• Dubli Network Business Review – Auctions Taking Over Home Business

  Filed under mlm business
  Sep 1

  Over the past few years, most people I know have started using the internet extensively to explore and buy products. When we buy online, we are able to evaluate products with competitors and buy based on reviews. Dubli has come out with an innovative way to sell products through the internet through reverse auctions.

  Here’s a review of the company and its income opportunity.

  Dubli Network History

  This network marketing company was started in 2003 by Michael Hansen. The company has its working headquarters in Berlin and financial HQ in Delaware. This is a network marketing company that offers distributors the mlm opportunity to make money from the comforts of their home without having to deal with the hassles of stocking lotions or health drinks.

  How Does It Work?

  There are three auction types, namely, Xpress, zero and unique Bidding. While you can understand how each kind of auction works from their website, you need to be aware of the fact that this company has an auction system called reverse auction that’s different from the ones organized by other online auction companies.

  Most people have a doubt here – How does the company make money and how are distributors paid when the site allegedly offers products at such low costs?

  Money is made by selling credits.

  If you want to bid on merchandise, you have to purchase credits. Each credit costs 80 cents and when you bid using a credit, the price of the display piece goes down by 25 cents.

  Dubli Network

  Business Associates (Bas), as distributors are called get paid for selling credits and hiring Bas. The cost of joining is $175; this is the cost of your BA kit. Commission differs according to your level and points collected by you in a year.

  Points For This Business

  - You don’t have to stock on products or give demonstrations since you’re only selling a service that’s easy to understand.

  - Since this business is still young in the US, this is a good time to join and start a successful business.

  - Virtual markets are gaining popularity; the concept of reverse auctions is a strong point to capture customer interest.

  Others In The Race

  EBay – This is one of the most popular online auction sites known throughout the world. There are regular auctions in EBay that are popular for their value. This is an advantage over Dubli that holds an average of just 3 auction sales a day. There’s also a partnership program in ebay that offers good payment for referrals.

  Amazon .com -This is America’s largest retailer. This website also has auctions and affiliate programs that are going strong. There are frequent promos to attract affiliates to these programs.

  There are several other competitors like eBid, OnlineAuction and Bidz.com. Many buyers long on to PriceGrabber.com to buy after comparing and reading about products.

  Selling Points And Strategies

  Dubli has a magnetic pull inits concept of revesre auction; this should get you interested buyers. Since a bid costs just 80 cents, you’ll need to sell a lot of credits to get a good income. To achieve this volume of business, you’d have to think beyond you network of friends and reach out to a larger market through MLM leads.

  Several online tools can help you with internet lead generation that will get you in touch with interested customers and help boost your business.

  Lawrence Tam helping network marketers on building their own businesses online. Get your free training at: Dubli Network online training. Additional internet training for Internet Lead Generation is available.

  Tagged as: build your downline, Business Review, dubli, dubli network, entrepreneur, Home Based Business, home business, internet lead generation, mlm, mlm business, mlm opportunity, mlm recruiting, Network Marketing, network marketing recruiting, Work From Home
  
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