DubLi is an auction driven company. It has two websites, usdubli.com and dubli.net, which is confusing to say the least. On usdubli.com there are several ways a person can bid for a product. In the Xpress method, the idea is to keep clicking on the price. Each time, someone clicks on the price, it drops. When it reaches the price you'd like to pay, you buy it. It would seem the obvious strategy would be to get the price down to a few dollars, but perhaps not everyone is that tuned into saving or they realize each click requires the use of credits that can be purchased through the website. The next method is Unique Bid. This is similar to the methods on other bid-on-merchandise websites. There is also a shopping mall with fixed low prices on merchandise.
They offer a Super Shopper Package which requires a monthly subscription. You get 25 credits (tokens) that you can use to bid on the merchandise you desire, and also a 2.5% cash back incentive on Xpress merchandise and gasoline. Also included are two chances in the monthly drawing for travel, more credits, laptops computers, etc. The package sells for $15.95 US dollars.
You can also pay for up to $240 worth of credits (400), or sign up for their music on demand package which allows you access to unlimited downloads of "millions of songs and artists from every corner of the globe…"
If you click on Investor Relations at the bottom of the site, it takes you to MediaNet Technologies, Inc. That sites states, "MediaNet Group Technologies, Inc. is a global marketing company, centered on a value-based shopping and entertainment community that serves customers on an individualized basis by satisfying their demands, behavior, preferences and interests. MediaNet has four primary operating subsidiaries, DubLi.com, DubLi Network, DubLi Partner and BSP Rewards." The Board of Directors are three men, Kent Lee Homstoel, COO from Denmark, Michael Hansen, U.S. based founder and CEO since 2003, and legal department head Andres Kushe of Germany.
DubLi Partners is a program that offers "30% commission on all Credits purchased through their Partner site. The Partner Program gives participating organizations a professional web presence, access to the exciting and fun shopping experience with the products offered through DubLi.com." According to the MediaNet site, DubLi has over 1,000 participants in the Partner Program.
Corporate headquarter are in Boca Raton, FL, but operating headquarters are in Berlin. Here are the addresses listed on MediaNet's site-
Corporate Headquarters
Boca Center – Tower 1
5200 Town Center Circle Suite 601
Boca Raton, FL 33486
Phone: 561-417-1500
Fax: 561-362-7703
DUBLICOM LIMITED (Trading)
17 Gr. Xenopoulou Street
3106 Limassol
Cyprus
Lenox Logistik und Service GmbH
(Logistics and Services Europe)
Fanny Zobel StraBe 5
12435 Berlin
NETWORK LIMITED (Marketing)
197 Main Street
Road Town, Tortola
British Virgin Islands
BSP Rewards (Internet Rewards Malls)
Boca Center – Tower 1
5200 Town Center Circle Suite 601
Boca Raton, FL 33486 USA
DubLi Logistics LLC (Logistics North America)
Trolley Square, Suite 20 c
Wilmington, DE 19806 USA