Reverse Auction Site Provides Revenue for Network of Entrepreneurs
Written on October 12, 2009 – 4:52 pm | by admin
DubLi.com, an online auction site first brought to market in 2003, has been making waves with its expansion into new markets. The company is unique in that it offers an opportunity for Business Associates to cash in on its success in exchange for promoting the software platform through its Dubli Partners. Entrepreneurs who get on board are able to participate in expanding the site, not only at the global level, but through their own regionally targeted re-branding of the site. By adjusting product offerings and currency conversions intended to suit the local region, Dubli brings a whole different game plan to the online auction industry.
Founder Michael Hansen spent years researching the DubLi concept until he felt that he had perfected it. To avoid the mass confusion and questionable quality of offerings that plague sites such as auction giant Ebay, Hansen decided that DubLi would narrow its product offerings to focus on brand names with large scale name recognition in most households. By keeping the quality level high, the company aims to appeal directly to consumers with products they already know and want, then offer those products at seductively low prices that beat anything else found on the internet. Brands like Black & Decker, Cuisinary, Apple, Disney, Ski Doo, Samsung, Louis Vuitton and others are regularly offered for bidders to try and win by having the lowest bid, thanks to the DubLi reverse auction system.
While the strengths of neither reverse auctions nor network marketing are not new or unexplored, this combination of these two economic engines is something that Hansen feels will revolutionize the way that commerce takes place online. DubLi auctions allow entrepreneurs to leverage not only the branded software platform put together by its team of programmers, web designers and graphic artists, but also its network of warehouses in which the merchandise is stored and distributed from.
The DubLi Business Associates are reporting significant sales so far and spreading the word about their success at a wide variety of company funded events where they meet to discuss strategy and inspire each other to greater heights in their chosen business areas.