Dubli Network Marketing Review – Taking the Auction Business to the Home Business
The internet has become a very popular tool for shoppers to know about and buy products in recent years. Virtual markets provide complete information on products and also enable us to compare with other brands and read user reviews before we decide on a product. Dubli Network is an online shopping site that conducts reverse auctions to provide branded products at affordable rates.
Here’s a review of the company and its income opportunity.
Dubli Network Marketing Review Michael Hansen launched this MLM business in 2003. The company has its working headquarters in Berlin and financial HQ in Delaware. This is a network marketing company that offers distributors the 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? This online seller hosts three kinds of auctions- Xpress Bidding, zero bidding and unique bidding. The website will provide you with more details on each type. What differentiates this firm from others is its reverse auction concept which allows buyers to get products at a margin of actual costs.
How then does the company earn profits and pay its associates? The Answer: Dubli Auction Credits.
If you want to bid on merchandise, you have to purchase credits. You can buy 10 credits at $8 or 500 credits at $400. When you buy and place a credit of 80 cents, the price of the product gets reduced by 25 cents and you’ll be able to see the going price and take a decision about bidding further.
Dubli Business 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. The rate of commissions differs on the value of credits accumulated over the year and ranges between 5% and 25%.
Why Should You Take Up This Business?
– This is a network marketing company that does away with the hassles of storing inventory and product demos. You’ll be selling a service that’s self-explanatory and not a product.
– 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.
Competitors 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. eBay has many auctions while Dubli has only around 3 per day. eBay also has an affiliate program with a generous payout structure.
Amazon.com -Amazon.com is the largest retail market of the United States. With its attractive prices, promotional offers and partnership programs, this website has many followers throughout the country.
eBid, OnlineAuction and Bidz.com are other sites in this genre. PriceGrabber.com is another shopping site that enables comparison of product prices and offers customer reviews.
Doubling Your DubliNetwork Profits Dubli has a magnetic pull in its concept of reverse 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.
There are various techniques in the internet that can help you launch an MLM lead system that will keep bringing in business.