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New Name for this Website October 7, 2008

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As you might have noticed, this website name has been changed from Dubli Review to Online Auction Buzz! All the business associates are being asked to remove the “Dubli” from our URLs.

If you typed in Dubli Review you should have been automatically redirected to this site. I will actually leave Dubli Review up for a few weeks to give time for the search engines to catch up.

Dubli Auctions Working as Promised. October 6, 2008

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It looks like the auctions are working as promised. I was quite impressed looking at the video that Ian has created for those interested in the Dubli business opportunity, that within the first day, the price of Panasonic 32″ LCD TV had dropped from $650 to $576.25.  I checked with Amazon and the Dubli price is already lower (on Amazon at time of writing it is $597.99 plus shipping of $33.90). Shipping to my area from Dubli is $27.95.

If you look at the big box stores the savings are even better. Best Buy lists the same TV at $699.99 but with free shipping.

New Dubli Video October 5, 2008

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Thanks to Ian McNickle we now have a great new video available that walks you through the Dubli site and explains how business associates can generate income from Dubli.

I have updated the link under Blogroll but you can also see it by clicking here

Oops – Not Quite Launched October 5, 2008

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I wrote yesterday that Dubli had launched in the US — well, not quite. They have started up the US site but it is not quite glitch free and we received an e-mail to say that it will be a few days before the site is stable. So if you have been trying to access the site and have been experiencing problems, it may be best to wait a few days.

Dubli Site Live! October 4, 2008

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The US Dubli site is now live but still has the beta site logo on it.  I’m not quite sure why but in all other respects the site seems live.

There are quite a few interesting products for sale and the starting prices seem competitive. I compared some of the electronics items to what is on BestBuy and the Dubli starting prices are less. So that is a great sign. It means that no matter when you click to buy something, you will get at least a reasonable deal and at most a fantastic deal!

I’d love to hear from people who have used the site and their experience with it. Please comment to this blog.

Website name will be changing October 2, 2008

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Unfortunately the folks at Dubli have let us know that we cannot use the Dubli name in our URL. I guess I should have read the terms and conditions a bit more closely. I can understand why they want to do it as they want to protect the brand.

If you look around on the web you will see a lot of websites with the Dubli name and they are not pretty. Anyway the long and short of it is that I will need to find a new domain name and move this site to the new name. It may take me a couple of days but I will place a link here to redirect you to the right place.

You will also notice that I have added a couple of logos about being an independant Dubli representative. This was also at the request of Dubli headquarters.

By the way, I also made Dubli Team Leader today so I am excited that my organization is growing! Want to join?

Dubli US Launch will be October 4th September 30, 2008

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Dubli will be officially launching in the US on October 4th. This is a few days later than previously announced. We are excited to be on the verge of a new business and invite you to try Dubli once the site is live!

Broken link fixed September 30, 2008

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The link to the Dubli overview webinar recording was broken. Sorry about that. It is now fixed. You can click on the link on the right hand side or just watch and listen here.

Once more with feeling — Is Dubli a Scam or Ponzi Scheme? September 29, 2008

Posted by admin in : How it works , 2comments

On certain sites and blogs I see that some people still claim that Dubli is a scam. I’ve read through their comments and much of the time they seem to have their facts wrong or just don’t understand how Dubli works. Some think that Dubli is a pyramid or ponzi scheme but I really don’t think so.

In a pyramid or ponzi scheme, people only make money as long as more and more people keep joining the network. Usually there is no product or service of value so the revenue only comes from new members. Ultimately there are insufficient people left to join and the whole thing collapses.

Dubli on the other hand has a service and customers which ultimately generate most of the income. When a customer clicks on one of the reverse auctions for example, they pay 80 cents to see the price. Some portion (25 cents I believe) of the 80 cents goes to reduce the price of the item being sold and the rest goes to paying affiliates and profit. At the business associate level of Dubli, we get 10% of the 80 cents. As we grow our network, the percentage inceases for our personal customers and we start getting a small percentage of the revenue from our network’s customers. (Note you can now see for your self. Until October 31st, Dubli is offering three free credits so you can play with the auctions. Register here)

To me it is pretty obvious that there is a net revenue inflow of revenue from customers. That means it is not a pyramid or ponzi scam. It is true that we make additional money from building a network and in the short term (particularly before Dubli launches) that will be the majority of the revenue. After the launch however, as people start buying products on Dubli, the affiliate percentages from clicks will far outweigh the network building revenues.

It gets pretty exciting because if you build a network you can end up with hundreds of not thousands of customers and you get a percentage of their clicks! Remember it’s not just the customers you introduce to Dubli but also the customers of the people in your network AND — the referrals from customer to customer. The data in Germany suggests that each customer refers 5 other customers. You can image how big your customer base can get.

If you have questions or concerns, don’t hesitate to let me know.

Making Money With Dubli – The numbers September 18, 2008

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Some of the data from Europe is starting to trickle out and the numbers are impressive. In my last post I talked about how Dubli is different from MLMs or other businesses. Lets put some examples together using the European data to show the potential.

When you buy a license whether it be Bronze, Silver of Gold, you get a certain number of credits which are used to bid on an auction. We know that in Europe each customer refers around 5 other customers. We also know that in Europe each customer spends around $10 a month on credits (we are thinking that will be higher in the US).

Here is an example (and remember your experience may be different). Let’s say you are at the silver level with 1,595 credits. You decide to give away 3 credits per person. That is 531 people. Each of them refers 5 other people who refer 5 others and so on (remember these are averages so your mileage will vary). It is not hard to imagine you could have 3,000 to 15,000 or more customers using your affiliate code.

At the lowest level in the organization you get 10% of the click revenue from your direct customers. At the low end that could mean 300 x $10 x 10% a month which is $300 or more. At the higher end it could be 15,000 x $10 x 10% which is $15,000 a month or more.

As you progress in the organization your 10% becomes 12% and up to a maximum of 24% revenue from your direct customers.

In addition to this you get from 2% to 14% from organization customers. These are the customers of the people you have recruited to be business associates.! You can imagine, as you build an organization, the revenue opportunity is huge.

And that doesn’t include the revenue you receive from recruiting another business associate which ranges from $75 to $1500 depending on the license type you have.

Of course only a few people will reach the top percentages and numbers but the point is that it is possible. And even if you don’t make these top numbers, you can still do very well at a lower level.

So who are the people who will be most successful with Dubli? I think they will be the people who can reach out and touch a lot of people. They are also people who can build an organization and help their team to grow. The viral nature of this business is one of the things that makes it so attractive.