Partnering To Enlarge Your Bottom Line At The New International Reverse Auction Site Dubli

This is a unique event that will go down in Internet history

. Dubli launched its original reverse auction in North America on April fourth, two thousand and nine. But in June of two thousand ten it became global. Now businesses all over the planet can bid on name brand products at cents on the dollar.

Dubli have gone one farther, they have incorporated other great advances to choose from: a network academy, an entertainment site, a global reverse auction and shopping mall all in a virtual Internet setting. The term used for this world wide Internet networking is called cloud computing.

There is no end to the possibilities for opportunities when you can bid for work in over ninety five percent of the world. People in Australia, Japan, Peru and the United Kingdom can now bid cat the same time for service jobs. This is definitely the beginning of a very profitable trend.

I'm sure you, the sharp individual, can see the advantage of this global access. The idea came from global phones. I'm sure that you can also see how this new system will impact e-commerce and how this will help your company in global positioning.

So how does this reverse auction work? You post a service you need on the virtual reverse auction site, then service providers all over the world will bid on the job you are offering. Some examples are advertising, contracting, catering and any other service a person may need, then you can procure the lowest cost available. In other words the lowest bid wins.

Have you heard the terms e sourcing, e-auction or procurement auctions? These are reverse auctions. The buyer is called the market maker. This is the person who posts the job or the person who needs to pay for a service. Through an online forum, private chat room or via email, the service providers contact the market maker. Then they have a virtual meeting where they discuss, how long the job will take, the materials needed and costs of labor and materials.

Services are not the only thing bid upon in these reverse auctions. Supplies, materials and office machines are only a few of the products that can be procured at as much as forty percent off retail. So the meeting may entail information about the product the market maker wants to purchase. Possibly the age of the product, quality and shipping costs may be discussed in the virtual meeting.

This global site offers another opportunity for people in business with limited resources. You as a small business owner could partner with another business to buy bulk lots at even more of a considerable savings. Service providers could pool their resources in supplies, materials and even labor to get larger and more profitable jobs. They could form an association to provide a broader service increasing profit and everyone's bottom line. Dubli is an innovative way of increasing business, improve your bottom line and have a worldwide presence.

by: David Batchelor

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