How can you make money with reverse auctions?
Dubli is a revolutionary reverse auction site where brand new products are sold at Garage Sale prices. As people bid, the price DROPS .25 cents every time someone looks at it. Products are selling at ridiculously low prices, but the auction site owners are making huge money.
Here's how it works. I'll use a real example to keep it simple. A IPod worth $169 recently sold for $12 dollars. It costs you, the bidder, .80 cents to view the price, and each time someone clicks on to view the price, the price drops .25 cents, and the other .55 cents is paid into the pay plan. Now let's see how much money was made on this sale. 169 - 12 = 157 (the amount the price dropped). 157 x 4 quarters = 628 clicks by customers to bid on the price. 628 clicks x .55 cents that goes into the pay plan is $345.40. So, the entire full price for the IPod was paid by the 25 cents x 628 clicks and the PROFIT to the site owners was $345.40 in commission for selling a $169 IPod. PLUS, the customer made a killer deal by getting the IPod for only $12!
The magic is in getting large volume of customers telling their friends about the great deals they're getting. Every time a customer refers a friend who purchases credits, they receive 5 more credits worth $4 dollars, so the incentive to tell others is amazing.
A secondary, but very profitable part of the auction site is the regular shopping portal where a customer can go through the portal to over 1,000 regular online stores like Wal-Mart, Bass Pro, Sears etc and earn actual cash credits to spend as they choose.
To view a two minute video and register as a customer just click here http://www.savebigcash.net
To view the entire business please visit http://www.duba2z.com
If you're interested in learning how to have your own online store, please contact me at 406-461-2519.
Visit my blog at www.savebigcash.info
Enjoy shopping!
Greg King
About the Author: Greg King
Member Since: 10/09/2008
Company: Alive Max
Industry: MLM
Primary Web Site: http://alivemaxfreedom.com/bigskyguy

