Hello ladies and gentlemen. My name is Scott McKay and welcome to this DubLi presentation. I want to share with you a very, very exciting concept, an E-commerce that had been launched in Europe, exploded in Europe, and then recently launched in the United States and all over North America, the United States, and Canada. This company called DubLi online reverse auction concept were hosted on the auction houses are brand new brand name merchandise, the top brand names in the world that actually fall in price as oppose to going up.
Now, the company is a privately held DubLi debt-free company that’s headquartered in Berlin, Germany. Now, that company was founded by a gentleman by the name of Michael Hansen, a very successful, and a very wealthy Danish businessman. It was in the pursuit of building the largest global shopping portal in the world and Why DubLi and why the reverse auction? Because the whole concept with DubLi is to aggregated hundreds of millions of excited shoppers and consumers that are coming to that site looking for the best brand names in the world, brand new right from the manufacturer for literally yard sale prices. And when he founded the company, stationed it right in Berlin, Germany with financial headquarters in the United States and fulfillment centers in the US in Phoenix, Arizona, in Berlin, in Cyprus and also in Denmark.
Now, the objective for DubLi and for you and I is to get in front of some of the latest and fastest emerging E-commerce ventures and giants that are on the Internet today. Just to give you a quick look of what the space of the Internet is going to do for our lives in the next couple of years, we can look back over the last 15 years.
The Internet became commercially available to all of us back in about 1993. It took nearly 15 years, right around 2008 actually to get 1 billion users online. Folks, we saw how the world changed in that space. The launch of some amazing E-commerce machines, eBay, Google, Yahoo, Facebook and you can go on and on with some of these things that took off and had a viral growth pattern and made some people very, very successful and very, very wealthy. There are untold proportions of people out there that are going to be able to get in front of the next E-commerce and the next Internet play. That’s what we’re going to talk about today.
Now, what excites me more than anything is the way things change and how fast they changed in the last 15 years are going to be pale in comparison to what happens in just the next two because over the next two years, by 2010, the second billion people will come online. So, the opportunities are unimaginable.
Here’s where DubLi fits in. DubLi is a global shopping portal that’s starting its march with the reverse auction. Let’s just draw some parallels for a moment. What we’re looking at in terms of shopping portals is Amazon, eBay, Google, Yahoo. These are the most recognizable names online.
Now, what is a shopping portal? That folks is where people go shop online for literally anything that they’re buying from merchants that are online all over the world. Now, here’s how it started with Amazon.
Amazon started out as an online book retailer. Now, what we know about Amazon is this: We know that now, the revenue that Amazon makes today doesn’t come from books. Amazon did 16 billion dollars in business last year. You know how much of that came from books? I can tell you this: not very much comparatively speaking. But the whole point was aggregating hundreds of millions of customers to come to your shopping site or the Amazon shopping site, so then, they could sell those customers to the online merchants around the world. Why would they do that? Because the amount of fees that these companies can pick up on search engines fees, click through fees and that revenue share whenever a customer actually buys an items are literally, folks, a staggering 16 billions dollars that Amazon did last year.
In fact, just to show you what a shopping portal can do, the largest selling item on Amazon last year was the Apple iPod which was responsible for about 17% of their revenue. They started out as an online book retailer to get people to the site and then open a shopping portal.
Now, eBay, same concept. The gentleman with the broken laser pointer 13 years ago put it on the Internet to see if he could sell it and he did, and the idea was born of creating an online auction site where people can take their second-hand items, put them on auction where people would actually bid the prices up, and what happened? Four hundred million customers now and shoppers that know who eBay land on the site, they now go directly to shopping.com. Why? Because eBay owns it and the shopping portal is where the big game is because when somebody clicks on a search looking for a product, there is search engine cost that is now associated to that particular consumer. When they land on a page of choices and they click on a particular merchant, there is now called a click through fee or a click cost that is now incurred by that merchant. And then once that customers lands on a particular merchant site to buy what they want to buy, oftentimes, there is a revenue share agreement between anyone of these E-commerce giants but they get a piece of the action. So, now we have eBay starting user options and aggregating customers in making a fortune. In fact, 97% of their revenue is from the shopping portal.
Then, there we have Google. We have Yahoo. We know they started as their search engine powers that aggregated hundreds of millions of customer where they make now money through the shopping portal.
DubLi is the new kid of the block and the biggest fantasy in the modern block because they have a concept to draw people to their site like flypaper that it’s so sticky they don’t want to go anywhere else when they open their shopping portal. The amazing concept is the reverse auction. Again, that is where Dubli puts their named brand items up for sale in descending prices.
How powerful is online shopping today? Where do you fit in? We’re looking right now at the Amazon start soaring on better than expected results late last year in 2008 when the economy was going south and big box retailers were going out of business. Online sales went up 30%.
Here’s where DubLi fits in that space. What DubLi does is an online reverse auction is they list top selling brand new brand name items in the world, whether it’s BlackBerry or an Audi automobile up on our auction houses where the prices go down with every single bid instead of going up. So, what we’re going to do is we’re going to have to look at that site directly. |
