Beginning November 4, 2009 DubLi business associates and customers residing in Australia and New Zealand will be able to place bids at the auction website. The reverse auction giant has been anticipating this long-awaited milestone and reports it is prepared for the impending surge of activity.

DubLi has handpicked a wide selection of the most in-demand top brand products specific to that geographic region. All available products are to be marked with custom-designed icons featuring the Australia’s national flag.

Moreover, the starting Xpress auction prices prior to bidding will be substantially lower than the best deal available in nearby local markets – bar none! DubLi’s ‘low price guarantee’ states that should a customer find a better deal for the same product they’ll be awarded the difference plus a 10% rebate of that difference.

This step in the company's continued growth provides an important way of learning about how the auction process works and a great method for introducing the online shopping model to new prospects. One product example is the PLAYSTATION 3 Slim, the latest top of the line game console manufactured by SONY. The starting price of this Xpress auction is US$299, whereas the average market price in Australia and New Zealand is around US$460.

Even if a customer decided to buy the PLAYSTATION 3 Slim soon as bidding started, the total price could conceivable be around US$382. Compare that to the same PLAYSTATION 3 Slim being sold in Australia and there is still an overall net savings of 17%. That’s a respectable savings on a highly demanded item this season.

When DubLi’s global platform is fully implemented on March 1, 2010, they will have in place a local shipping facility within Australia to originate all consumer deliveries. A more extensive news story on this update will be revealed in the coming weeks.

After a much anticipated Fall 2009 launch in Australia and New Zealand, DubLi plans to open its virtual shopping portal doors to customers on March 1, 2010. This will represent DubLi’s global trading platform that includes two reverse auctions and a vast shopping portal of the most in-demand retailers.

Currently, customers and business associates alike have bidding capabilities in the Xpress and Unique Bid auctions. Over time bidders will be able to choose from 100-120 of the hottest selling consumer products exclusive to the buying trends of Australia and New Zealand. And unlike past auctions which displayed US dollars, the prices will reflect native currencies for each country.

March 2010 marks the completion of the fully integrated shopping portal to supplement the reverse auctions. Once finished it will become one of the largest online shopping malls and will mirror the current DubLi’s USA portal. The shopping mall will initially feature 500 of Australia’s finest restaurants, retailers and discount store chains. It’s also an opportunity to showcase retailers who may only have a New Zealand presence.  Executives forecast an equal or greater fervor after the resounding success of the North American shopping portal.

Here are just a few of the many benefits available for new DubLi Mall shoppers:

• Save: up to 60% in discounts from participating merchants listed in our mall.
• Spend or Save: all the reward points collected by a registered customer can either be spent with other merchants in the mall, or have the option to redeem in cash.
• Earn: up to 30% in reward rebates.
• Earn Commissions: business associates can earn residual commissions through small percentages each time their customers make purchases.

DubLi would like congratulate all the business associate organizations who have dedicating hard work toward spreading the word and laid the groundwork for this impending growth surge.  Australia and New Zealand will surely play pivotal roles in the company’s 2010 projection to become a leading global trading portal.