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Partnering To Boost Your Profit At The New Worldwide Reverse Auction Site Dubli

By David Batchelor

A milestone has just been created in Internet History. On April fourth, two thousand and nine, Dubli launched their reverse auction virtual Internet site in North America. This wasn’t so fantastic at the time but as of June, two thousand ten it has become the only truly global site on the World Wide Web. Opportunity to bid on jobs all over the world is definitely a tremendous advancement in e-commerce.

Modern technology is amazing and this corporation has taken it a huge leap forward. They have online a global auction, an entertainment site, a network academy and a shopping mall all offered on the virtual net. They call this global networking system cloud computing.

This is the beginning of an online trend. Now these reverse auctions can be used simultaneously over ninety five percent of the world. So a person in Australia can be bidding for a product against someone in Japan, the United States, or even Peru.

I’m sure you, the sharp individual, can see the advantage of this global access. The idea came from global phones. I’m sure that you can also see how this new system will impact e-commerce and how this will help your company in global positioning.

So what is a reverse auction? The lowest bid wins. How can you win with the lowest bid? The bids are for services like contracting, advertising, catering and many others. The way it works is, say you have a job you want done or a product you want produced. You post it on the auction site. Then you get bids from all over the world, which allows you to get the best price that can be procured.

Maybe you have heard the terms e sourcing, procurement auctions or e-auction. These are considered reverse auctions. If you are posting the job you are named the market maker. After the job is posted, service providers contact the market maker through forums, chat rooms or email. This is where the virtual meeting happens. You explain the job, they discuss with you materials, cost, a time frame the job can be performed and give you a bid.

Services are not the only thing bid upon in these reverse auctions. Supplies, materials and office machines are only a few of the products that can be procured at as much as forty percent off retail. So the meeting may entail information about the product the market maker wants to purchase. Possibly the age of the product, quality and shipping costs may be discussed in the virtual meeting.

There are many business people who are now partnering with each other to procure even larger savings by buying items in bulk. This makes your purchasing dollar go much farther and increases your bottom line. There are also service providers who combine in association to perform larger and more complex services such as contracting or advertising. In this way a small business can reap the profit of a large one by partnering together with someone on the other side of the world. Partnering in Dubli can do all of this.

Discover the complete information about how you can enjoy the benefits offered by growing your own reverse auction business. This online reverse auction business will provide you with the great opportunity you are looking for and get you started easily!

categories: reverse auction,online reverse,online reverse auction,reverse auctions,reverse auction site,reverse auction website,new auction site,auction value,reverse auktion,reverse auction bid,world wide business,dubli network,online reverse auction

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Article Citation
MLA Style Citation:
Batchelor, David "Partnering To Boost Your Profit At The New Worldwide Reverse Auction Site Dubli." Partnering To Boost Your Profit At The New Worldwide Reverse Auction Site Dubli. 9 Jul. 2010. uberarticles.com. 23 Apr 2015 <http://uberarticles.com/business/partnering-to-enlarge-your-bottom-line-at-the-new-global-reverse-auction-site-dubli/>.

APA Style Citation:
Batchelor, D (2010, July 9). Partnering To Boost Your Profit At The New Worldwide Reverse Auction Site Dubli. Retrieved April 23, 2015, from http://uberarticles.com/business/partnering-to-enlarge-your-bottom-line-at-the-new-global-reverse-auction-site-dubli/

Chicago Style Citation:
Batchelor, David "Partnering To Boost Your Profit At The New Worldwide Reverse Auction Site Dubli" uberarticles.com. http://uberarticles.com/business/partnering-to-enlarge-your-bottom-line-at-the-new-global-reverse-auction-site-dubli/


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