Let's talk in further detail on how exactly you will make money as a Business Associate in Dubli. To become a licensed Business Associate, you will choose from 1 of 3 packages to purchase at startup. You now will have the right to signup other business associates and also register customers (this is where the real money is....customers!!). One of the major benefits of the upfront costs to begin your business is the ability to purchase Dubli Credits at a discounted rate. Remember, the entire business model is driven by the brand name products that people can buy (or get for free) for huge discounts. But to participate in the auctions, consumers need to purchase (or be given) Dubli Credits. The single best way to expose either the business opportunity and/or auction platform is to allow others to experience the process. As a Business Associate, the credits you purchase at a discount upon joining will be your main source of advertising. You have the ability to give 1, 5, 10, 50, etc credits to friends, family, strangers, etc. or whomever you choose as often as you want. The reason for doing this, when these people experience the auction process and realize the value of the Dubli Auction, they will be so intriguied and will eventually become paying customers. Not only that, they will tell everyone they know about it (more on that later). The 3 package options offered to begin your business are as follows:
1. BRONZE- The Bronze license gives you 1,100 DubLi Credits (which is 10% discount), and it pays the standard commission on adding Associates. So, for example, adding your first Associate pays a $75-$375 commission. Plus you override all of Dubli fees generated by customers, partners, etc in your organization.
2. SILVER- The Silver license gives you 2,500 DubLi Credits (which is a 20% discount on the credits) and pays twice the Bronze commission on adding Associates. So, you would make $150 instead of $75. Plus you override all of Dubli fees generated by customers, partners, etc in your organization.
3. GOLD- The Gold license gives you 6,000 credits (which is a 50% discount), and 4 times the Bronze commission on adding Associates. So you would make $300, and go up from there. You should definitely buy a Gold license if there’s any way you can afford it, because it gives you more credits at a bigger discount to start building your customer base (which is where the real money is), and it also pays 4x the commission rate on adding Associates. Plus you override all of Dubli fees generated by customers, partners, etc in your organization.
Note: You can buy a bronze or silver license and upgrade to a gold package
within 30 days by simply paying the difference. Upgrading after the initial
30 days will require a package to be purchased for full price.
Let's discuss how lucrative just emailing a link and getting customer's to register (for free!) on your site will be:
Again, what you’re buying is the opportunity to register these customers under your name and earn commission every time one of them buys a DubLi credit or clicks-through to the shopping side and generates a fee. But here’s the very cool thing that happens when you register a customer . . . that customer will add customers, who add customers, who add customers, under your license number, at no cost to you, without you having to contact them, or do anything. It’s the same kind of viral phenomenon we’ve seen with Facebook and Myspace.
So, when you buy your license, you get a bunch of DubLi Credits that come with it as I mentioned above. You start with your own contact database; you send out 10 free credits to everybody you know, and about 20% of them end up as customers. They click on the link you send, register under your embedded license number, use their free credits; and become regular customers who buy an average of about 10 credits each month. And then, the viral factor kicks in. We know from Europe that, within two months, a new customer will cause an average of 5 other people that they know to register as customers, under your license number; and they do that by simply clicking the Tell-A-Friend button on their DubLi account screen, and sending their friends that link (that by the way has your license number embedded).So, let’s say you send 10 credits each to 200 people, and 20% of them try it out and become customers; so you’ll end up with 40 initial customers that you know personally. And then . . . they’ll each cause 5 more customers to register (now you have 200 more); and those 200 add 5 each (so now you have 1,000 more); and those thousand add 5 each (and now you have 5,000). and on and on, and in a matter of months . . . not years . . . you’re looking at the possibility of having literally tens of thousands of customers registered under your license because of the viral nature of the web (and you only knew the first 40 of them).
And we know it happens this way because that’s how Facebook and Myspace grew so rapidly. And that’s why being in this early, just weeks or months after our launch is so important. Because you get the first shot at the viral customer pool and you get more time than anyone else to grow that pool before somebody else registers those customers.
Right now in Europe, there are 1.3 million customers spending an average of $7.50 a month on credits alone. Doesn’t seem like much until you realize there are early license holders over there that already have 15 thousand or more customers registered under their license; and they’re earning 10, 20, 30 thousand a month on credit sales alone, plus their click-through commissions, plus their commissions on adding sublicenses, so we’re talking about mid-five-figures . . . per month.
In summary, the 3 main areas to make money as a Business Associate are:
1. The Auctions
2. Shopping Portal
3. Partner Program
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