Small Biz Owners Seek Ways To Combat Recession
Small business owners are increasingly pressed to find creative ways to cope with the economic downturn and some are doing so by turning regular store customers into passive income producers. By acquiring a Business Associate license from DubLi.com, the next “eBay”, business owners are able to quickly turn their customers into an army of online shoppers who, through viral expansion, create a substantial recurring revenue stream for the owner.
Store and small business owners aren’t alone. Dentists, doctors, chiropractors and other medical professionals with private practices are also following suit by giving their patients free DubLi shopping credits as a way of thanking patients for their business. When the patient uses the shopping credit he/she becomes the “customer” of the doctor, who then receives a monthly commission on the patients’ online shopping purchases. Thereafter, when the patient tells a friend about DubLi, both the patient and the friend are rewarded with free shopping credits from DubLi, and the friend becomes the customer of the doctor. DubLi’s “tell-a-friend” feature produces a rapid, viral expansion of the licensees’ customer base. Within a year, 100 original DubLi shoppers can easily grow to over 10,000 through the viral expansion process. DubLi online shoppers generate an average income of 75 cents per customer per month for the DubLi licensee.
Since the North American launch of DubLi.com, a popular reverse-auction site first born in Europe, marketers have seen the tremendous potential DubLi creates for residual income and wealth building by allowing individuals to obtain a license to “own” part of DubLi’s online customer base. Based on the recent growth of DubLi Europe, experts have projected that more than 100 Americans will become DubLi millionaires by 2010.
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