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Should We Put The MyShoppingGenie Back In The Bottle?

By Arthur Magoulianiti

You must be from another planet if you haven’t heard the buzz about this Genie character that is supposedly interested in saving you money when you shop online. It seems it is everywhere and everyone seems keen to let me have it and I have been fending them off 6 at a time!

In fact, I think I have suddenly heard from at least 5 ‘long last’ friends in the last 2 weeks looking to help me save money with this MyMarketingGenie download! Given that I like to keep up with what is happening online I thought I would check out it what the fuss is all about and get some hard facts.

This is what I found, warts and all…

MyShoppingGenie is run by a company called MyNet Universe and they have been around since 2007. Their objective is to ensure every PC in the World downloads and used their software…now where have I heard that before? Oh yes..it was Microsoft! Well that’s not a bad model to follow then…or is it?

Now having a mega vision is a good thing out of the gates although you need to have the follow through to deliver on this vision and that means having the management, the systems and the products. MyNet Universe have a corporate background makeup to their management team so lots of experience from that side however it appears very little from a network marketing perspective which is what is needed for a network marketing company I would think.

You have to give it to them though as they have been going 3 years and have made it past the 2 year mark which sees most MLM companies hit the wall. So they must be doing certain things well.

Lets have a look at the product now. It is quite simple really, all it is is a small program that you download and install which then integrates with your browser. What happens then is that when you go and search for some product, this Genie character springs into action by going out and sourcing the best prices for the product that you are looking for.

Seems like a no-brainer really, something which saves you time and money

So why are so many people so keen to get me this software? Well it is a network marketed product which means every person handing out this software is a distributor for the company. This means they are keen to give you their copy as they will benefit down the line when you start using it to search and buy products. Out of the gates they start receiving $1 each time you complete 3 searches online.

The other income streams include the enrolling of other distributors from which they earn a commission as well as benefiting when you purchase a product through one of their affiliate or recommended sellers. They then get paid an affiliate commission for that as well.

What does it cost to be a distributor? MyShoppingGenie is reasonably priced, you have an initial $199 licence fee to become a distributor and be allowed able to hand out the software and you then have a monthly maintenance amount of $29.

Also provided in this pricing is the standard network marketing offerings such as replicated websites, capture pages, banners and promotional material. Training is usually also provided and I would be surprised if that was not the case here too,

There is one important thing to consider though..

Downloading MyShoppingGenie is a simple enough job and it makes sense to do so if its going to give you savings and save you time locating the best prices.

Creating a business of of this product though is another matter all together. Network marketing can be a lucrative opportunity and so can this product and company, IF you have a proper marketing system which ensures a continuous flow of prospects.

In my experience, most network marketers think that all they need to do is target some friends and family and they will build a successful business. Nothing could be further from the truth.

Some people, those with large personalities and large circle of friends and family, can get this method to work for them.

However at least 70% of people do not fit in this category and stand to alienate friends and family if they try to go down this road. Joining the NFL club, the No Friends Left Club, is no fun and no way to build your business. Even when you just handing out free software, there are only so many people in your sphere of influence you can get to before everyone has heard of it.

There is more to building a successful network marketing or MLM business than just handing out free software. You need to enroll distributors and to do that you need to have a marketing system that brings you in leads and people looking to enroll in your business. How else do you expect to make serious money?

So to summarise – from what I have looked at, the product looks good and useful. The opportunity also looks good as it is promoting a good service and money can be made from this, as with any network marketing opportunity, if you set yourself up in the right way, with the right systems. Dont be surprised though if you dont hear this from your up-line though – they may well not know how to do this either.

End struggling to succeed with your MyShoppingGenie Opportunity and discover how the experts market their business and how you can apply this to your business for massive success.Please see our youtube channel for the MyShoppingGenie Review and more tips.

Article kindly provided by UberArticles.com

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Article Citation
MLA Style Citation:
Magoulianiti, Arthur "Should We Put The MyShoppingGenie Back In The Bottle?." Should We Put The MyShoppingGenie Back In The Bottle?. 22 Aug. 2010. uberarticles.com. 7 Sep 2014 <http://uberarticles.com/business/mlm/should-we-put-the-myshoppinggenie-back-in-the-bottle/>.

APA Style Citation:
Magoulianiti, A (2010, August 22). Should We Put The MyShoppingGenie Back In The Bottle?. Retrieved September 7, 2014, from http://uberarticles.com/business/mlm/should-we-put-the-myshoppinggenie-back-in-the-bottle/

Chicago Style Citation:
Magoulianiti, Arthur "Should We Put The MyShoppingGenie Back In The Bottle?" uberarticles.com. http://uberarticles.com/business/mlm/should-we-put-the-myshoppinggenie-back-in-the-bottle/


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