MediaNet Group Technologies, Inc. announced today it has finalized its merger with CG Holdings Limited, a European-based holding company for the DubLi companies. DubLi has become a worldwide online trading firm and will now become one of MediaNet’s wholly-owned subsidiaries.

The board of directors at MediaNet will now be controlled by DubLi-nominated directors and the DubLi Chief Executive board will assume similar positions within MediaNet.

DubLi’s president and CEO, Michael Hansen, said “We are delighted to be a part of this unique business combination. The uniting of the DubLi and BSP platforms combines two shopping alternatives, both of which are recognized leaders in their respective areas, and offers a one of a kind shopping program unparalleled in the industry. We believe that the business combination offers the doorway to a totally unique method of international shopping and sets the stage for worldwide expansion.”

BSP Rewards Inc CEO, Martin Berns, also expressed optimism. According to Berns, “During the past months we have had opportunity to become intimately involved with DubLi’s vision and progress. Their goal of expanding as a world leader in the international shopping and auction market is extremely exciting. It offers a major opportunity for the company and our shareholders. The DubLi auction and shopping platform is exceedingly sophisticated and when combined with our BSP program acts as a loyalty, incentive, continuity and communication tool, with the added capability of being able to load cash, bonus payments, payroll and rewards instantaneously onto virtually any debit or credit card — domestic or international. It truly is a 1+1 equals 3 scenario.”

MediaNet Group Technologies Inc has developed the largest online mall and affinity program through its BSP Reward division. BSP has for years formulated customized proprietary loyalty programs for their clients. Organizations enroll their members into these programs while BSP cross-markets them to its vast database.

It boasts of over 1000 participating mall merchants which includes the nation’s largest retailers. After factoring in the dozens of online shopping malls, BSP Rewards serves well over 750,000 users. Current mall retailers include household names such as Target, Walmart, Best Buy, Office Depot, Macy’s and Bass Pro Shops.

The DubLi Group is a global web-based trading firm headquartered in Limassol, Cyprus. It represents a cutting-edge and dynamic ecommerce platform featuring two globally recognized reverse auctions and a ever-expanding shopping portal. Customers have access to the widest variety of brand-name items at their absolute lowest market prices.

DubLi also offers a lucrative business opportunity (DubLi Network) where entrepreneurs around the world can generate passive income by building a loyal customer base of DubLi shoppers. It’s already one of the fastest growing direct sales companies throughout North America and Europe, and has just entered the Australian and New Zealand markets.

Read the full press releases at:

www.1888pressrelease.com

www.free-press-release.com

Several DubLi associates have asked me how to write their first online press release.  The youtuve video I recorded and seven steps I’ve listed below will provide a rough outline from which to launch your ideas.

1)    Choose a catchy, eye-grabbing title and summary to get engage readers.  Also include your long-tail keyword in the title and two sentence summary for search engine optimization.

2)    Elaborate on the summary in a 3-4 sentence introduction which covers the who, what, where,when, why and how.  This provides more comprehensive overview of the news’ relevance.

3)    Maintain a 3^rd person point of view throughout the entire release.  I recommend you leave 1^st and 2^nd person language for social networking and blog posts (like this one!)

4)    Make sure its news-worthy material that’s recent news.  It can’t be construed with article content which is generally not time-sensitive.  Choose news topics such as your DubLi website launch, team achievements, E-book or product release or charitable partnerships.

5)    Illustrate the context by explaining how your company or service solved a larger problem, for instance how DubLi is increased online shopping and reverse auction usage from 2009 to 2010.

6)    Avoid hyped-up language, exclamation marks or strong sales pitches!!!  Press releases are intended to be non-bias, concise and fact-based.

7)    Close your press release with your Dubli contact information such as your website and phone number.  Follow this with a sentence about your company or team to bolster your branding.

Post your comments and questions below so I can provide additional tips.

Even wonder why more network marketers are using free online press releases to market their business?  This has become an ever-increasing trend among DubLi  associates, however, the following list will assist any new member in understanding the importance of press releases.

1) Become a news source.  This should be obvious.  Press releases are used to disseminate news-worthy content not only to DubLi members but to the greater web.  Being a source of time-sensitive news will position you a trusted leader over time.

2) Diversify your marketing. Writing press releases are still one of the most under-utilized medium for free traffic.  Years ago they were even more seldom used since they typically involved large newspapers or media outlets.  But today the internet has simplified all that, allowing anyone to use free directories for regular posting.

3) Show off your Brand: Most PR directories, such as www.prlog.org will let you post your team name and/or image.  The more times your prospects see your brand the more they will identify with your message.

4) Establish Authority: Press releases carry a much greater sense of being a credible 3^rd party source of information.  Often you’ll see an unbiased marketing firm write the release about a network marketer or team to increase authority.  This compels readers to listen to what you’re reporting.

5) Rank high in Google: Several press release directories are known for their search engine optimization.  By submitting to high pagerank sites, your content will more likely rank well for DubLi-related keywords.  I prefer sites like www.free-press-release.com and www.prlog.org for this reason alone!

Please leave a comment below if you can think of any that I left out.