My Shopping Genie Facts, News and Review

by louabbott on October 30, 2009

With MyShoppingGenie, MyNet Universe aims to create a billion dollar brand and new search model for online bargains, ultimately from many of the world’s largest merchants, starting with eBay and Amazon.com

New in 2008

Ownership: MyNet Universe, Inc., private corporation

Open in 16+ countries

Founders: Sam Mendez, David Freed, Ed Muto, Steve O’Brian, Keith Smith

Software Developer: Randy Blade

Key product: MyShoppingGenie, an eBay Compatible Application that helps people easily find shopping
bargains on eBay any time they use a major search engine. It also helps people earn money from the eBay affiliate program. The software is free.  Free Download here

The Business Concept:
Buy unlimited distribution rights for the MyShoppingGenie, give it away for free with your company branding on it. MSG pays $1 for every user that installs and uses the software from you.

Costs:
Licensing: $199 plus $29 per month

Compensation Plan: 3 x 5 matrix with generational bonuses.  Download comp plan here.

Policies and Procedures: affiliate friendly, no non-compete  or conflict of interest clauses MSG IA agreement

Company Site

MyNet Universe Inc.
4455 LBJ Freeway Suite 909
Dallas, TX 75244
Phone: 972-71MYNET (972-716-9638)
Fax: 972-72MYNET (972-726-9638)

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{ 1 comment… read it below or add one }

Nathan Nielson March 5, 2010 at 12:22 am

Hi everyone,

I’d actually like to update this post if possible…

The comp plan and entire business concept has changed from where it was in 2008.

There is actually a one time license fee of $199, and a recurring fee of $30/month.

On top of that the 3 ways you get paid are: (MyNetUniverse actually splits all the profits from these revenue streams 50/50 with its distributors:

1) PPC (Pay Per Click) Income: When somebody uses the toolbar you gave away for free to do comparison shopping, you get paid the income google/amazon etc… would have recieved for that click.
eg; When somebody clicks through amazon, google products, buy.com, to compare the price of a tv they want to buy, you get paid everytime they click through a link or check out a different product. Its how google pulled in Billions of $$’s of Revenue during the most recent recession!

2) PPP (Pay per Purchase): Because MyShoppingGenie is linked into the affiliate programs of Buy.com, Walmart, Amazon and Ebay you get paid up to 10% commissions on the products anyone buys through the ShoppingGenie Plugin. Theres actually sites dedicated to generating traffic trying to get people to buy products through Amazon so they can recieve this affiliate income!
You can have this traffic generating tool on users homepage for free! And they see it and use it everytime they search through google!

If you have any questions feel free to email, or check out my website

Thanks

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