Dubli Network Business Review – Auctions Coming Up For Home Business

Published June 4, 2010

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.

Let’s take a look at the working concept of this company and test out the profitability of the MLM opportunity it offers.

About Dubli Network
This network marketing company was started in 2003 by Michael Hansen. The financial headquarters of this company is located in Delaware while it has its operational HQ in Berlin. 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?
There are three auction types, namely, Xpress, zero 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?
The Answer: 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.

The Business Side Of 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. 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.

- This is a new business with a new concept; now’s the right time to enrol and make money.

- 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. 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.

Several online tools can help you set an online MLM lead generator that will get you in touch with interested customers and help boost your business.

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