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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.

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
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 opportunity to make money from the comforts of their home without having to deal with the hassles of stocking lotions or health drinks.

Concept
There are three auction types, namely, Xpress, zero and unique Bidding. While you can understand how each kind of auction works from their website, you need to be aware of the fact that this company has an auction system called reverse auction that’s different from the ones organized by other online auction companies.

How then does the company earn profits and pay its associates?
Money is made by selling 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
Reps are called Business Associates and they get paid for bringing in customers and other Business Associates. The cost of joining is $175; this is the cost of your BA kit. 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.

- Virtual markets are gaining popularity; the concept of reverse auctions is a strong point to capture customer interest./spin]

[spin]Competitors
EBay – Ebay is known worldwide for its product variety and auctions. 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 –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.
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. Since a bid costs just 80 cents, you’ll need to sell a lot of credits to get a good income. 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.

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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