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DubLi Xpress Reverse Auction – The Future of Global Online Shopping Experiences

Looking for the safest and most exciting way to shop for your favorite consumer products and services online? Welcome to DubLi Xpress on DubLi.com, the latest and greatest in online shopping experiences for high level branded merchandise. This online reverse auction portal called DubLi Xpress Auction is one of three ways to purchase the most sought after products on the internet, and has gained fame as the first successful Reverse Auction site online for popular consumer items.

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How Does the Reverse Auction on DubLi Xpress Work?
In a typical auction, customers bid on merchandise, thereby increasing the value and price of that product or service until no more bids are made. The customer that bid the highest wins the auction because they offered the most dollars for it. However, DubLi.com brings a new concept to online shopping with their launch of the DubLi Xpress Reverse Auction. Yes, you read that correctly! It’s called a Reverse Auction as the prices that DubLi customers bid on gradually go lower and lower as more people get into the action. The DubLi Reverse Auction essentially works like this. A DubLi.com Customer purchases Credits at 80 cents US per credit and watches for specific items to be uploaded to the DubLi Xpress Reverse Auction website. However, there are no prices listed on the shopping site, as the latest price is only revealed once a Customer bids on the item. A bid is equal to 1 DubLi Credit (or 80 cents US). And each time a DubLi.com Customer bids on that same item in the Xpress Reverse Auction, the price drops by 25 cents US. Again, every time a customer bids using 1 DubLi Credit, the price of the DubLi Reverse Auction merchandise drops by 25 cents. After a DubLi Xpress Reverse Auction bid is made by a customer, the latest price is revealed to them. At that time, the person who made the last Reverse Auction bid can either purchase the merchandise right away (to get the item at the price that they are happy with), or they can wait, bid again or wait for other DubLi.com customers to drive the prices down. As you can see, popular merchandise prices can drop substantially in a short time period. The savings through the DubLi Reverse Auction site can be incredible for lucky customers.

An Example of the Numbers for a DubLi Reverse Auction
Let’s say that DubLi.com has a VISA Gift Card of $100 US. The first bid (which costs the DubLi Customer 80 cents US) will lower the price to $99.75 US for this $100 US VISA Gift Card. As explained above, the DubLi Reverse Auction works in the opposite way, where multiple bids will decrease the final price of the merchandise. Let’s say there are three more bids in the first hour. Each of these bids on the DubLi Reverse Auction site will reduce the price by $0.25 (or 25 cents US), lowering the price to $99 US. So for every 4 DubLi Xpress Reverse Auction bids, the price of the item decreases by $1 US. After 1 day, let’s say that there have been 100 bids for this VISA Gift Card worth $100 USD. Therefore, the final price is $75 US. If the latest bidder in this DubLi Reverse Auction decides to purchase the gift card, he or she essentially gets the $100 VISA Gift Card for only $75 USD! There have been MANY accounts from DubLi.com Customers of receiving a gift wrapped $100 Cash Card for FREE! This is the power of the Reverse Auction bidding on DubLi Xpress.

What Products and Services Can You Purchase Through the DubLi Xpress Auction?
So a customer may ask, what can I purchase on the DubLi Xpress Auction? There is definitely a wealth of different things that you can buy through the Reverse Auction on DubLi Xpress and it keeps on expanding. Some of the most popular items are the DubLi Xpress Gift Cards. These are gift cards with defined values that can be used or given away as gifts to your friends and family. From VISA to MasterCard and from American Express to Walmart, Starbucks, restaurants, shopping malls, entertainment and clothing stores, these DubLi Xpress Gift Cards often give DubLi.com Customers great deals. What’s awesome about the DubLi Xpress Gift Cards is that they have defined values, and they never expire! The average savings for a customer for these Gift Cards through the DubLi Reverse Auction is 30 to 50% off! Not only that, but the DubLi Xpress online shopping portal has expanded their product base to include computers, accessory electronics, household items, cell phones, televisions, movies, game consoles, cameras, children’s toys, men’s and women’s products. Part of the fun is to see how much you can save.

How Does DubLi Make Money in a Reverse Auction?
Many skeptical customers ask how DubLi.com makes money when the price of their merchandise drops significantly in the reverse auction process. The answer is very simple! Let’s go back to the VISA Gift Card example. If DubLi.com purchased the DubLi Xpress gift card at full retail value ($100 USD) and let’s say a DubLi Customer purchases it for a final price of $50 USD, DubLi.com will get their $50 USD in addition to $50 x 4 x $0.80 (each bid costs 1 DubLi Credit which is 80 cents, but it only lowers the price of the VISA Gift Card by 25 cents). The calculation is then $50 USD for the DubLi Xpress Gift Card PLUS $160 USD from customers who have bid on the DubLi Reverse Auction. That’s $210 USD in the end, for a profit margin of $110 USD for DubLi Xpress Reverse Auction. Or, if a customer gets the VISA Gift Card for FREE, the calculation would then be $100 x 4 x $0.80 which is a profit of $320 USD for DubLi Xpress. This is a sound online business model, and therefore, the DubLi Xpress Reverse Auction shopping model will transform the internet shopping world.

 
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