LBL Marketplace is a community project of LBL Corporation USA
to provide a showcase to quality products and vendors from around the world. It
is a Community-Corporate Partner Program where members of LBL can avail
privileges like discounts, deals and cashback on necessities of life like
health, education, grocery, clothing, etc. offered by our corporate partners.
LBL Corporation has engaged more than 150,000 people from 100
plus countries by providing soft skills, technology, and entrepreneurship
training through its online training portal www.LearnBuildLead.com and training
LBL Marketplace business model is a combo of Traditional
E-Commerce Business and Shared Economy Business, where we invite traditional
suppliers and merchants to shelf their products as well as provide an
opportunity to our LBL existing customers to introduce products and services as
Our Merchants and Suppliers at Marketplace share their
marketing and advertisement budget or their profit margins with LBL
Marketplace. Those margins are passed on to our customers as discounts and
cashback in terms of loyalty points. Our customers also earn loyalty points on
referring other customers to LBL Marketplace. The points they earn are redeemed
for further shopping. This mechanism helps customers increase their buying
power so when they spend more on LBL Marketplace, it gives more business to our
Merchants and Suppliers.
This also creates opportunity for self-employment for
hundreds of people who can use their skills and time to market LBL Marketplace
and bring customers, they also earn their commissions as loyalty points and
redeem their points by various options.
LBL Marketplace keeps a small administrative cost and passes
maximum margin to consumers and members.
LBL Marketplace have an edge over other marketplaces by
engaging its skilled global sales force of more than 50,000 entrepreneurs who
are provided product trainings to present and sale different products available
on LBL Marketplace. Imagine a sales force that is present in different parts of
the world marketing your products in their regions at a cost of your marketing
and advertisement budget.
It’s a Win-Win Business Model where everyone gets the benefit
by sharing their resources either in terms of marketing budget or skills and
efforts to get their share in form of rewards.