Dubli Network is an up-and-coming company in the network marketing industry. It is attempting to go up against the biggest shopping portals online: Amazon, Barnes and Noble, eBay, etc. It’s claim is that through building a Dubli Network business you will be getting a small share every time your customers buy online.
But if you’re looking into this opportunity you are likely being told by the person trying to sell it to you that you are in the right place at the right time, that this is going to be huge and this leaves you with one big question.
Dubli: Scam or Opportunity?
Well, first off, I’m not with Dubli Network but I have reviewed the business model. This business is not a scam. A scam is defined by most online dictionaries as obtaining money by means of deception, a trick, or fraud. I believe the only thing Dubli Network distributors are guilty of is speculation. It can be hard to when a company is just starting to launch whether or not it is going to take off, and most Dubli Network distributors believe it is going to be the next big thing in online shopping. Certainly it has gained success in Europe, but is still fairly untested in the US and brand new to the Australian market.
One of the better things about Dubli Network is that there is a definite reason to grow your customer base and not just your distributors. Many MLM companies have a very tiny customer base and most customers are distributors themselves, which makes people doubt the value of the product. Whether or not this is going to appeal to customers is yet to be determined, but the distributors have an incentive to grow their customer base as this is where they will make the long term residual income.
There are three ways for you to make money in the Dubli Network opportunity.
Your customers have to spend credits to take place in the reverse auction and in the price reveal auction. They must buy these credits from you, and you get them wholesale. If your customers participate in the auctions this can be lucrative for you, but to be honest very few people are actually going to walk away with the deals. They are making deals on items at the cost of other people spending credits. Many people will not continue to buy credits when they are getting nothing out of it.
The shopping portal should be where you make the bulk of your money in the long run. You get small percentages every time your customer buys through the portal. They are incentivised to buy through Dubli Network as they also receive a small amount of money back when they buy. To make a significant income though you must get customers to see the value, which is why you start by getting them to use the sticky auction sites first.
This is where the larger upfront money comes in. When you join up a new distributor you receive money for the credit package they purchase. They must purchase credits in order to participate as if they have no credits they cannot sell them to their new customers. The only problem with this is though Dubli Network distributors generally think of this initial package of credits as inventory (they can sell to customers at retail price) they often end up having to give a huge chunk of their credits away to get customers to try the site and join under them as a customer.
So are any of these ways of making money deceptive or fraudulent? In other words does this make Dubli Network a scam?
No, in each instance the person is receiving something for their money, either credits or products through the shopping portal. Dubli Network distributors do not get paid to train their distributors or get money for any other kind of intangible product. Distributors do bring other people in based on the idea that this business is going to take off and be the new largest shopping portal online, which is currently speculation, however pretty much every business starts this way. It will have to pass the test of time.
Though Dubli Network is not a scam, and is a customer driven opportunity, there is no doubt that to grow a successful Dubli Network business you must start by recruiting other distributors to build your network early on. This gives you the upfront profits while you work to build a huge customer base. If Dubli Network is the opportunity for you, to compete with all the other distributors online you must learn how to market your business, create a constant flow of leads, and generate cashflow to get your Dubli Network business up and running quickly. Access the free training center to learn how to skyrocket this or any MLM business at Network Power PRO from Industry Expert Niamh Arthur.