Find out The Reality About My Shopping Genie
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Written by: alicedebricey
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Date: Fri, 3 Feb 2012 |
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You may have seen My Shopping Genie receiving a lot of exposure recently, it is pretty new on the scene but has also been opened up to various negative reports.
The Shopping Genie is run by MyNet Universe and is well endorsed by the online giants E-bay, Amazon & Clickbank, this should be putting your mind at rest for a start. Being a free download, its open to everyone, it shows up in your web browser when you switch it on and will look at many different suppliers to find the best price for the product you are looking for.
Prime Time, a TV investigation programme recently looked into the Genie and sent an undercover agent to the launch meeting in Ireland. They say it's not a legitimate business, they heavily point out that it is a pyramid scheme promising false hopes of wealth and prosperity.
As far as the 'product' goes, when you pay your $199 to join the business opportunity you are paying for a license to give away free My Shopping Genie software and to enrol others into the opportunity. You also have to pay around $30 a month for the back office fees. This business was co-founded by a guy called Bruce Bise who says the whole thing is legit and legal. He himself has done time for fraud before..
Every 2 licenses you sell for the Genie will earn you $100. Of course one of the perks of this binary compensation plan is that you are being paid for bringing in others into the system, which will of course prompt some to start making 'scam' allegations.
This isn't the only way you will earn though, as a member of the system you will earn from all those free Genie downloads you give away. As users click and search for deals you will get paid for clicks, views and sales. Pretty cool!
There is no doubt that in this MLM marketing industry there is always going to be some negatives about pretty much every company in existance. There are many reasons for people to complain and spread scam stories around. Some may be for genuine reasons, others maybe out of bitterness. When assessing any opportunity its best just to concentrate in the facts and find out if there is any legitimate reason for negativity.
If you want to see if there are any complaints registered against the opportunity/company in question then you can go to the Better Business Bureau. I checked out the Genie's parent company MyNet Universe and they've been awarded a B+ rating (which is a high score). In the last thirty six months their records show no complaints whatsoever. The only negative event registered is a warning for some of their advertising material, which contained the word 'free'.
To be honest you will need to make your own mind up about the legitimacy of My Shopping Genie scam reports. There are some folks who just don't agree with the idea of network marketing period. Obviously to them the Genie is not and never will be legitimate.
Whether or not the Genie is out to scam you will hinge on your own individual feelings about MLM in general. For me personally I prefer a business with tangible products, so the Genie isn't 1st on my list. Network marketing has unfortunately been tarnished over the years as the result of extravagant marketing. People making promises of quick fast money within days (which for most people this will never happen) doesn't really help the industry.
The Genie certainly does seem to be a solid business opportunity with great rewards, I particularly like the earning potential from other people using the Genie as a shopping tool, some serious residual income could be built easily.
If you know how to generate a lot of leads for your business and have some good marketing skills then you can do very well with this opportunity.
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Source: Find out The Reality About My Shopping Genie
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