Dubli Network Review - Auctions Coming Up For Home Business
Over the past few years, most people I know have started using the internet extensively to explore and buy products
. 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 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
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 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?
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.
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.
Customers have to buy credits in order to bid for products. Each credit costs 80 cents and when you bid using a credit, the price of the display piece goes down by 25 cents.
The Business Of Dubli Network
Reps are called Business Associates and they get paid for bringing in customers and other Business Associates. You need to buy a business kit costing $175 to join this business. Commission differs according to your level and points collected by you in a year.
Why Should You Take Up 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.
- Online shopping is a concept that's fast catching on. This business has an interesting selling program that's sure to draw people's attention.
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. 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.
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. This will be possible only if you extend your reach beyond your warm circle. Since this is an internet based concept, create an online marketing strategy to get MLM leads.
There are various techniques in internet lead generation that can help you launch an MLM lead system that will keep bringing in business.
by: Lawrence Tam.
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