The DubLi Reverse Auction and Shopping Portal Review
Newly introduced e-commerce sites often require some extra explanation so that online shoppers can fully understand the benefits. This was the case with DubLi when I entered North American in the Spring of 2009 and more recently in Australia and New Zealand. This post will address some of the common questions I get about the auctions and its shopping portal.
First, DubLi is a German-based company that features two distinct reverse auctions. The auctions feature the latest and more in-demand retail items. Popular items range from PlayStation 3s and digital camera’s to designer purses and gift cards. Customers have the advantage of bidding on things that are guaranteed to be priced below retail price, sometimes much lower.
Both the Unique and Xpress auctions require users to buy credits up front to take part in the great buys. Each 80 cent credit is used to reveal the hidden price as well as to purchase the item. DubLi offers volume discounts to avid customers looking to purchase larger amounts. In fact, many business associates have bought credits for just 60 cents, equaling a 25% discount.
The Xpress auction is where users have the ability to buy auction items at will. They do this buy first using a credit to reveal the price which in turn dropped it by 25 cents, hence the name ‘reverse auction’. It 100 customers clicked on revealed price without deciding the purchase, the price would be $25 less than the initial price. At any point the item can be purchased via credit card and the auction would end. Currently there are hundreds of Xpress auctions available for bidding.
The Unique Bid auction is similar to the Xpress auction in that customers use credits to win brand new items. However, this type of auction is timed such that the lowest unique bidder bidder wins the auction at the specified end time. Bids are placed on 25 cent increments from $0 all the way up to the retail price. Unique Bid winners often attest to a strategy in placing a range of bids to hedge against competing bidders. Additionally, DubLi will notify users if their specific bid price was duplicated so that users can bid again to find the lowest unique price. The more people that learn how this new and exciting form of online shopping, the more that prices will quickly drop below retail standards.
The second half of the DubLi website is the shopping portal, where a larger number of products can be bought from the largest worldwide retailers. It includes well over 1000 retailers that feature unique discounts for DubLi shoppers. Each item lists a percentage that is credited to shoppers in the form of points. Once sufficient points are accumulated, users can redeem them for cash- or gift-cards for flexible spending.
DubLi quite literally has something for everyone, regardless of a person’s shopping needs or customs. Look out for it to quickly become a household name as its appeal spreads through online and social networks for years to come.
The Unique Bid auction is similar to the Xpress auction in that customers use credits to win brand new items. However, this type of auction is timed such that the lowest unique bidder bidder wins the auction at the specified end time. Many are calling it “eBay meets Las Vegas”. Here’s how it works: Bids are placed on 25 cent increments from $0 all the way up to the retail price. Unique Bid winners often attest to a strategy in placing a range of bids to hedge against competing bidders. Additionally, DubLi will notify users if their specific bid price was duplicated so that users can bid again to find the lowest unique price. Unique Bid auctions have turn new customers into ravings fans with such prizes including a Harley Davison Motorcycle and a Ford Mustang GT.
The more people that learn how this new and exciting form of online shopping, the more that prices will quickly drop below retail standards.
The second half of the DubLi website is the shopping portal, where a larger number of products can be bought from the largest worldwide retailers. It includes well over 1000 retailers that feature unique discounts for DubLi shoppers. Each item lists a percentage that is credited to shoppers in the form of points. Once sufficient points are accumulated, users can redeem them for cash- or gift-cards for flexible spending. One of my favorite online stores is (show in DubLi) where I can find substantially discounted gift certificates to some of my favorite place to eat. Just search by your zip code and follow the easy steps DubLi lays out.
So how can you get credits to join in on this new online shopping frenzy? Simply visit the DubLi site from the person who referred you. Purchase just $8 in credits and you’ll be incentivized handsomely to spread the word to your friends and family. You’re now in a position to receive $4 in free credits (5 total) for each customers you refer to DubLi. DubLi quite literally has something for everyone, regardless of a person’s shopping needs or customs. Look out for it to quickly become a household name as its appeal spreads through online and social networks for years to come.
