On the DubLi Online Auction platform DubLi does not sell goods that it owns itself - excluding some Ecommerce marketing materials to enhance a seller’s sales process or make offers more attractive for a potential buyer. And we are not talking about DubLi Shops here.

However, like the world’s largest online auction site, DubLi facilitates the listing and display of goods and services according to the relevant categories, as well as the bidding and final payment process. In this sense DubLi Worldwide Trading is a marketplace for Mister Everybody as well as big enterprises who wish to auction off products and services to generate income.

Brief: on DubLi Online Auctions Everybody Earns and Makes Money!  

Free Auction Listings are an exciting feature on the DubLi E-commerce Trading platform. This includes both traditional (forward) auctions and the less known reverse auctions.

What is the difference?

In the ‘normal’ traditional auction buyers compete to obtain an item or service.

Say you sell pink hamsters and you put the biggest ever hamster up for sale. As several people are interested in buying your unique pink hamster they will bid for it. The price goes up with each bid. . . there’s that special atmosphere building in the room that has nothing to do with your pink hamster anymore, but with play, game, competition, race and fun - until the hammer falls and the highest bidder gets the pink hamster at the price at the conclusion of the bidding.

We all know this one - right? 

While online auctions are slightly different from the environmental aspect, they lack nothing of the excitement and the craze we can experience offline, especially when bidders are determined to get what they want - never mind at what price! And don’t forget: with DubLi your auctions reach out worldwide… it’s all about global trading!

I had to look that one up on Wikipedia and share excerpts with you:

"A reverse auction (also called procurement auction, e-auction, sourcing event, e-sourcing or eRA) is a tool used in industrial business-to-business procurement. It is a type of auction in which the role of the buyer and seller are reversed, with the primary objective to drive purchase prices downward. [...]

In a reverse auction, a buyer contracts with a market maker to help make the necessary preparations to conduct the reverse auction. This includes: finding new suppliers, training new and incumbent suppliers, organizing the auction, managing the auction event, and providing auction data to buyers to facilitate decision making.

The market maker, on behalf of the buyer, issues a request for quotation (RFQ) to purchase a particular item or group of items (called a "lot"). At the designated day and time, several suppliers, typically 5-20, log on to the auction site and will input several quotes over a 30-90 minute period. These quotes reflect the prices at which they are willing to supply the requested good or service.

Quoting performed in real-time via the Internet results in dynamic bidding. This helps achieve rapid downward price pressure that is not normally attainable using traditional static 3-quote paper-based bidding processes.

The prices that buyers obtain in the reverse auction reflect the narrow market which it created at the moment in time when the auction is held. Thus, it is possible that better value - i.e. lower prices, as well as better quality, delivery performance, technical capabilities, etc. - could be obtained from suppliers not engaged in the bidding or by other means such as collaborative cost management and joint process improvement.

The buyer may award contracts to the supplier who bid the lowest price. Or, a buyer could award contracts to suppliers who bid higher prices depending upon the buyer’s specific needs with regards to quality, lead-time, capacity, or other value-adding capabilities. However, buyers frequently award contracts to incumbent (i.e. current) suppliers, even if prices are higher than the lowest bids, because the switching costs to move work to a new supplier are higher than the potential savings that can be realized. This outcome, while very attractive to buyers, is often strongly criticized by both new and incumbent suppliers. 

Reverse auctions are used to fill both large and small value contracts for public and private commercial organizations. In addition to items traditionally thought of as commodities, reverse auctions are also used to source buyer-designed goods and services, and has even been used to source reverse auction providers. 

The majority of purchasing spend subject to reverse auctions over the years has been in the category of buyer-designed goods, followed by services, and then commodity items. Today, an average of 5% of total corporate spending is sourced using reverse auctions. This figure was higher in past years, indicating the goods and services to which reverse auctions can be successfully applied is limited."

[Source: Wikipedia (excerpt)]

If you become a DubLi Business Associate by buying a DubLi business license for 500 Euro you open yourself up to various forms of commissions and bonuses.

As we are focusing on the Shop system here, do your maths and you will see that the PRO Shop - which costs you 49 Euros a month - adds up to 588 Euro a year. This is 88 Euro more than a DubLi business license - which includes the PRO Shop for a whole year - would cost you!

Furthermore, being a Business Associate entitles you to make money monthly in various ways. Besides earning from what you sell in your own DubLi Shop obviously, you can now start selling DubLi Shops and earn sales commissions on the DubLi shops you sell… and what is being sold within these shops.

Note regarding the PRO Shop:
DubLi charges no fee on the sale of products outside Dubli, so as DubLi will not be earning there will be no commission for you either.

No - you can start as a free member… at no cost at all. Set up FREE Salespages and FREE Auction Listings and, through your sales, accumulate sufficient funds to eventually afford a Shop… or even a Business license.

It’s all a matter of how much you really want it and what you do to get it