Home Business Opportunities Blog

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 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.

About Dubli Network

Michael Hansen launched this MLM business in 2003. 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 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.

How then does the company earn profits and pay its associates?

The Answer: 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.

The Business 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%.

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.

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

- 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. 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 Dubli Profits

The idea of a reverse auction where the lowest bidder wins the product is a strong selling point. Use this to your advantage to get people interested. Your commission depends on the number of credits you sell; this means you’ll need a sizeable business to make good money. 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 internet lead generation that can help you launch an MLM lead system that will keep bringing in business.