My Shopping Genie Update!
Well, folks – it seems that My Shopping Genie is no more. According to Business for Home, who actually posted a Scam Warning for My Shopping Genie back in February, the company has called it quits.
So, it’s clear I did not do quite enough vetting on this one. Ted called it and he was right. The main failure of this particular MLM company was at the leadership level. You can read his post here.
My Shopping Genie Scam or the Real Deal?
Thanks for checking out this My Shopping Genie scam or real deal review, where I’ll try to give you a straight shot take on this online cash generation company. Chances are if you’re here, you are open to earning extra money from the comfort of your home.
There are a ton of positive reviews of My Shopping Genie, with many people claiming to have made significant profits using this tool. Of course, you’re likely also come across many of the My Shopping Genie scam reports that paint the company in a bad light. Let’s take a closer look to see what the company offers so you can make an intelligent decision about whether it’s a good fit for you.
My Shopping Genie Scam or Real Deal – Company Overview
My Shopping Genie is an internet-based price comparison engine distributed for free by MyNet Universe, a three year old privately held company. The purpose of this tool is to shoppers search all over the Internet in order to locate the best deals and lowest prices available for literally hundreds of thousands of products and services. Sounds great, right? Let’s see.
The My Shopping Genie application is certified to by spyware and adware free. It also does not pass along your personal information or your shopping trends. So if a person tends shop online quite frequently (I know I do!), then I’ve heard the program can actually help you save upwards of $200 per month or more.
This claim may or may not be true. My guess is that it can possibly save some of the super shoppers out there that much, but I’m not sure I’d realize that level of savings.
So, are the My Shopping Genie Scam tales true?
It’s hard to say. Chances are the My Shopping Genie scam reports you read out there are written by disgruntled people who never really understood that there is actual “work” in the network marketing scenario. However, you should always do your homework and talk to as many people as you can who are already in any given opportunity you’re looking at before you join.
Remember – the people matter more than the product. You have to believe in the company to come across as genuine when you’re marketing it.
There are two legitimate ways to make money using this software. One, is if people use it to make purchases, the other is if you recruit others in to distribute the software.
Like any online sales and marketing program, you’re not going to get something for nothing. If you want to use the Free My Shopping Genie app, you have to get it from one of their licensed MyNet Universe distributors.
Getting People to Use the My Shopping Genie App
The app and potential savings are free. However, if you want to sign up to distribute the genie, you’ll need to pay a one time $199 fee and $29.95 per month to keep your license active. As a distributor, you can then give away the app and earn an average of $3 for every app that is downloaded, installed, and USED.
Folks using the My Shopping Genie app is the real key to any earnings you hope to make.
You are not guaranteed to earn $3 per give away, but you earn a combination of monies generated from pay-per-click, pay-per-sale, and pay-per-offer commissions. So the bottom line is you might give away 100 of these price comparison apps and think you will make a solid $300 or so – but the reality is you might not make a dime unless your new customers actually USE the app when they are in shopping mode. This doesn’t give any credence to the My Shopping Genie scamp rumors. It’s just the way the business runs, and the company is up front about it.
The My Shopping Genie app reminds me a bit of the Shopping Daisy application offered by those who promote and recruit Zeek Rewards. You can read my Zeek Rewards Review on this site.
I can tell you that the My Shopping Genie app is getting around. A friend of my in Canada just asked me about it yesterday, which actually prompted me to write this review!
Recruiting People Into My Shopping Genie
Another way to earn money is to sponsor and recruit new MyNet Universe distributors. The company pays $100 each time you personally refer two new distributors, plus a $10 per month residual as long as your new team members stay active and continue to pay the $29.95 monthly licensing fee.
You also will earn a 20% commission on all the free genie apps they give away that earn a commission. So the plan seems solid.
So as I said, the My Shopping Genie Scam reports are unfounded. This is a solid company. However, like any real network marketing business, there are those few who will sign up and make a lot of money, many who will make some money, and the majority who sign up won’t even make enough to cover the monthly expense of being a distributor.
So, What’s the Secret to Succeeding with My Shopping Genie?
You’ve made it through the My Shopping Genie Scam jungle. Great! But how do you achieve success with this program? Bottom line, the secret to success with this program and any other lies within you. Put simply, you must be prepared to drive as much traffic to your application and get as many people using it and sharing it as you can.
Think about it. Let’s assume you decide to pay the $200 to get started. The company gives you a nice web site and a license to distribute the genie. Now what are you going to do?
Well, some people would simply take the “set it and forget it” mentality. This a huge mistake. Time will pass, and excitement will turn to doubt and then regret, and then condemnation as few leads make it to their basic website.
But let’s say you have taken some moderately active steps to build your My Shopping Genie business. Good for you.
If this is you at this point, you’ve probably sent emails out to your family, friends, co-workers and associates. Chances are, some have mentioned a My Shopping Genie Scam report they’ve read – but you’ve explained that it’s a legitimate company.
You’ve updated your Facebook wall and, perhaps, send out a tweet or two to your buddies. Maybe you participate in a few online forums you so can add your web site link to your signature file and get a few hits that way.
Now what? While all that is a good beginning effort – it is not enough to build a profitable business. Not even close. Because the bottom line reality is you will need to find a way to drive a steady stream of online leads and potential team builders to your web site on a continuous basis over an extended period of time.
To build a profitable business you will need to drive dozens, even hundreds of potential prospects and business builders to your site on a daily basis.
Any clue how you are going to pull that off? If not – you’ve just come face to face with the WHY most people fail to make money online.
The question: Is My Shopping Genie Scam or a Real Opportunity? isn’t the most important question to ask. The most important question is how will YOU promote the business.
There is a Solution… a Better Way, If you Will to Building Your Online Business
The key is to successfully building your My Shopping Genie business online is to find a way to drive dozens, even hundreds of new visitors to your web site on a daily basis. This of course is often easier said than done because there is a lot of competition online for that same traffic. Some of the traffic will be the many My Shopping Genie Scam reports out there!
The best way is to use an attraction marketing system to funnel the traffic to your web site.
Done properly, you can literally generated leads on demand, create an addition stream of cash flow, and promote your new business all from one marketing funnel.
Leads and traffic is the name of the game. So before you join any business, make sure you have a clear idea and plan for how you will generate leads and traffic on a daily basis. My Lead System Pro offers a proven step-by-step system to help you do just that. Take a look. You may be surprised, even shocked to discover how simple it really is to make money online.
I hope this My Shopping Genie Scam report has been a help. If you decide to give the company a try, and I think you should – just keep the above mentioned lead generation needs in mind.