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Von zhangwei1231, 07:17The following is a DubLi business review briefly focusing on the DubLi Network's online business platform, its product offering and its residual income-based home business opportunity. Founded in 2003 by Michael Hansen, DubLi Network has grown to become a true Pandora Jewelry online power player in the $300 billion eCommerce industry. Not only does it offer an innovative way for consumers to purchase quality brand name products at a discount, it also provides one heck of a business opportunity for internet entrepreneurs.
The DubLi business foundation
The DubLi business is quite an interesting Cheap Louis Vuitton enterprise. If you could combine Amazon.com, eBay, and a media distribution service like Netflix or Pandora radio, you'd end up with the basic DubLi business foundation. Headquartered in Cyprus, the DubLi Network currently has Business Associates in 100 countries with infrastructure to expand to 130 countries in the near future. Make no mistake. DubLi is big business.
From a consumer standpoint, customers can purchase a wide variety of quality, brand products at great prices through three primary eCommerce platforms. The DubLi business reverse auction model represents a really interesting and exciting way to land huge bargains. The DubLi Shopping Mall offers a more direct purchasing outlet similar to that of other large online department outlets. And more recently, DubLi Network entered the media distribution arena by launching the DubLi Entertainment portal.
The DubLi Network reverse auctions
The most popular of the DubLi Network shopping platforms is their reverse auctions portal. Unlike eBay, these reverse auctions award the item up for auction to the lowest bidder. In order to participate and bid, you must purchase DubLi credits at $0.80 each. Then you must select which type of reverse auction you want to participate in--Xpress Bid Auctions or Unique Bid Auctions.
Xpress bid auctions work like this. Each time you bid, you use up an $0.80 credit and lower the price of the item by $0.25. At this point, the current price of the item is also revealed and you will have a limited amount of time to decide whether you want to purchase the item at the current price. But, you must do so before another bid comes in. As more and more people participate, the price of auction items decrease dramatically. This gives participants an excellent opportunity to enjoy substantial savings on purchases.
Unique bid auctions also award the item to the lowest bid, but through a different mechanism. In this model, participants are allowed to make single or multiple bids (up to 1000) for any one item. The auction is also timed. Unlike Xpress bid, you must wait until the auction closes to find out if you've won the item.
The way unique bid auctions work is simple. The lowest, unique bid will walk away with the item. Bids are entered in $0.20 increments. When the auction closes, the Cheap True Religion Jeans person with the sole, lowest bid wins. That means that if you were the only person to bid $1.20 for the item, you win. But if even one other person also bid the same amount, that bid is disqualified and the next lowest, unique bid becomes the front-runner and potential winning bid.
Making money with the DubLi business
Making money via the DubLi business opportunity is a very simple idea. Executing the business plan so that you make money is an entirely different story. However, as with anything else, by taking the time to think outside the box and learn some fundamental, but often ignored skills, you'll have the makings of a huge opportunity within the DubLi Network.
There are two ways to earn income with the DubLi Network. You earn commission based on your personal customer's business volume. That means that when you refer customers to any of your DubLi shopping portals you have an opportunity to earn money. Commissions are paid on purchased credits for reverse auctions or on purchases and click-throughs from the DubLi Shopping Mall or DubLi Entertainment portal. With decent volume, you can actually make a pretty good chunk of change here once you learn how to drive traffic to your shopping portals. Nothing some good old internet marketing training won't fix.
However, the real money is generated from the residual income or network marketing distribution model. In this scenario, you actually build a team of DubLi business associates and leverage their efforts. According to the DubLi compensation plan, you will earn a variety of bonuses based on total team and customer business volumes. With these bonuses ranging from 10% to 24% of total Cheap Pandora Charms customer transactions, the numbers have the potential to add up rather quickly.
As with any business, it is highly recommended that you do your due diligence before joining the DubLi business or any other business venture. That said, given that the internet has dramatically changed the way network marketers build and grow their MLM downlines, a DubLi business offers an excellent opportunity to enter the burgeoning eCommerce industry. And thanks to the network marketing distribution model, generating a significant leveraged income is easier than ever provided you have a proven blueprint to follow.
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