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Dubli Announces Best Price Guarantee May 25, 2009

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Dubli’s prices have always been good but now Dubli is guarantees it. Here’s how it works:

If you find a competitor who has the same product at a lower price than Dubli, within two weeks after you have purchased the item, Dubli will not only match their price but also credit your account with 10% of the difference. For example you purchase an item from Dubli at $100 and you find another vendor who has the same product and is advertising it for $90, Dubli will credit you the $10 difference plus an additional $1.00 for a total of $11.00. You can find out more details at the Dubli site.

I think this is great because it takes the risk out of participating in an auction. You can shop knowing that you have the option of buying at a good price no matter what the state of progression for that particular item. Of course you also stand the chance of buying something that is a GREAT deal.

I notice that just recently someone bought an iPOD Shuffle 3G silver for$45.75. Another person bought a Canon Powershot SX200 IS for $208.75. The same one is selling on Amazon for  $349.95. Note that the auction started at $349. That means even if you were the first person to bid on it, you would still have bought it for 75 cents less than on Amazon.

Bargains are getting even better! December 11, 2008

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When Dubli first started in the US I was, frankly, a bit underwhelmed at the discounts. For some weird reason people were buying things at only a slight discount from the list price. They could have bought these items cheaper at Amazon. Over time however, the discounts are growing. I don’t know the exact numbers but it looks like things are currently hovering at around 30%.

Interestingly if you go and look on the European site you will see the discounts are huge. You can see for yourself if you click on the European flag while on the Dubli site (it is next to the US flag). Some items on the Xpress auction are even down to zero! How can this be? You would think that if an item gets down to almnost zero someone would have bought it already.

What is happening is that the volume of clicks is becoming so high that there is a fast cascading effect once an item gets below a certain point.

In talking to some people at Dubli what I discovered is that previous experience shows that the growth in people using the auction seems to grow exponentially after around 4 months. It happened in Germany at 4 months and it is happening Europe wide after four month. We think it will happen in the US in four months. Since Dubli launched in the US in October that would put the upswing at around February or March. With the ongoing recession that could change but at some point it will happen.

For us business associates it means there should be a significan increase in our income in February or March, if we have been recruiting customers.

I’m excited. Got to run, got a bunch more customers to invite!

Portland – In-person Information Meeting November 3, 2008

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On Tuesday, November 11th at 7:00 we will be having an in-person information meeting about Dubli at the Red Lion, Jantzen Beach.

This will be a great opportunity for you to find our more about the Dubli business opportunity and ask any questions you may have. There is no cost to attend. Please use the sign-up form below:

Free 3 Credit Offer Expires This Friday! October 29, 2008

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Just a reminder that the 3 free credits offer for registering with Dubli expires on October 31st. Auctions are running and people are getting bargains.

If you want to see how the auctions are running in Europe ( 4 months after launch), go to the US Dubli site, click on the European flag that is next to the US flag then change the language to English. If you click on the completed auctions link you will see the prices that people have been paying. From what we learned from Europe, the auction sales really took off after 4 months.

You will see some very low prices in the Xpress auction. Surprisingly low. This is because so many people were bidding that the price dropped really quickly. Impressive.

Sources of Income from Dubli October 18, 2008

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A few people have asked me how Dubli earns it’s income and how we business associates earn our money. Some of the people I have talked to think that our income is only from recruiting new business associates. This is incorrect.

Dubli earns it’s income from the clicks on the auctions. Each click costs 80 cents. At the lowest level in the Dubli organization we earn 10% of each click or 8 cents. At the highest level it is 24%. We earn this on all of our direct customers. A direct customer is one who signed up for Dubli using our affiliate code (which may have been passed by referral).

As our organization grows we also earn a percentage of clicks from the customers of the other business associates in our organization.

We do also earn income from recruiting new business associates but this should eventually be less than the click income.

Contact me if you have any questions.

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.

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.

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

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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.

How Does Dubli Compare to Typical MLMs or Network Marketing Companies? September 16, 2008

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Many people are hesitant about Multi-Level-Marketing (MLM) companies (I am myself!). Some have had poor experiences with them in the past and don’t believe they can earn good money. Many of the concerns are due to the way MLMs work.

Here is how a typical MLM works:

  1. You sell a product or service, often at a premium price.
  2. There is a very low customer to business associate ratio of typically 2:1 or 3:1.
  3. The average customer lasts less than 1 year so you must constantly recruit more customers.
  4. Due to this low ratio the emphasis is always on constant recruiting of business associates since they are the primary customers in the business. In a typical MLM, over 75% of the purchasing is done by business associates, not customers. This is why there is a never ending emphasis on recruiting…the business associates are actually the main customers. They don’t usually tell you this.
  5. You have an ongoing time commitment to deal with the customers you have, and try to encourage them to buy more, or try the new products coming out.

There are often “systems” of time consuming meetings that are either required or strongly encouraged. Also, tapes and books may be “required”…very expensive.

Here is how DubLi works:

  1. You do not sell a product or service. Just introduce people to a website and give them your affiliate code.
  2. Extremely high customer to business associate ratio…. 70:1 after 6 months and over 100:1 after 2 years (based on German country experience). No MLM has such good ratios.
  3. Average customers last much longer, and tend to grow in a viral fashion so your CUSTOMERS actually recruit other customers…not you.
  4. There is only a short to medium term emphasis on recruiting business associates since long term profitability comes from customers buying items through the website.
  5. No ongoing time commitment to deal with customers since they deal entirely with the website.
  6. No required meetings, no books or tapes to purchase, etc.

This is how you make money:

DubLi is only a distant cousin of MLM.  DubLi is actually a hybrid of 3 different sales systems with 5 different revenue streams:

  1. Revenue from registering business associates (much of your revenue will come from this at the beginning but only until customers start shopping on the Dubli site i.e. #2 below)
  2. Revenue from customers using website (commissions on the clicks)
  3. Revenue from DubLi Shopping Mall click thru’s (e-commerce)
  4. Revenue from DubLi Shops (sales commissions)
  5. Revenue from Private Label Auctions (sales commissions)

In a traditional MLM type business you cannot make much income without recruiting many, many business associates. In DubLi you can make good money without recruiting many business associates but you make far more money by recruiting at least a few associates.

Want to learn more? Join one of our informative no pressure conference calls held three times a week. If Dubli is not for you then no hard feelings.