« Limu Will Be At The 2008 Olympics | Home | Four Keys To Writing Effective Email Marketing Messages »

Has Anyone Heard Of MyShoppingGenie

By Troy | August 7, 2008

Over the last few months I have received several requests about a company called MyShoppingGenie.com. So I thought I would take a little time today and share a little about the company.

MySHoppingGenie.com is owned by a company called MyNet Universe based out of TX. and is run by several people who have been in and around network marketing for years.

Now if you do a Google search you will find some very interesting comments about some of the people connected to MyShoppingGenie.com. However, I want to say right up front that I believe everyone deserves a second chance. Even a third or fourth, if they will finally learn from their mistakes.

The concept of MySHoppingGenie.com is to allow authorized licensed reps to distribute free of charge the MySHoppingGenie software. The software is a desktop widget that connects to some of the largest most respected online shopping sites on the web. Sites like eBay and Amazon, and the company plans to add other sites in the near future.

For those who might be looking at MyShoppingGenie.com here is something to think about.

Will the 3×5 matrix hold up under TX & Federal laws governing MLM and business opportunities. The last time I looked for a compensation plan to be legal commissions had to come from the sale of products to the end user, not from signed up fees or the sale of licenses to new distributors.

With the A.G. of Calf filing suite in the tune of $25 million dollars against YTB (Your Travel Business), as a pyramid scheme after years of successful business, it makes me wonder what will happen to MySHoppingGenie.com when he gets wind of them.

Or maybe we should look at the $53 million dollars in assets seized by the Secret Service and the U.S. A.G. this week from Ad Surf Daily, another company who had a compensation plan payouts based on new money coming in and not from the sale of products or services to the end user.

I love the profession of network marketing, but as distributors we must not fall prey to the slick sounding story of those who have a vested interest in taking out money. And as for MySHoppingGenie.com I am still looking for distributors who are earning high payouts from the eBay partner program, because people who have downloaded the free software are buying more stuff of eBay.

My suggestion is to contact the DRA (Distributor’s Rights Association) before you join any company that sounds to good to be true.