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
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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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
The Genie is great, it’s saved me a bunch of money on just my basic office purchases in the last couple of weeks, roughly 75 bucks in less than a month on stuff I had to buy anyway. It’s better for me to shop on line, and know what i’m spending. Standing in a brick and mortar store, I’m always a sucker for the Point Of Payment display. when online it’s easier to say no (but that’s just me)
As for the payment plan, they just changed it again in May of 2010. And Genie Version 4.0 is out for Windows Vista and Windows 7.
This business is truely amazing !! I got involved beginning of May 2010 and not only have I saved money and time by using the Genie, but I have built a business that is generating me a substantial income in a very short space of time. I have build a team of people (whom I give full help and support to FREE of charge) who are also starting to see the rewards of being involved with such a great company. This business really does appeal to the masses and will work for those people that choose to work it !!
I am approaching non-profits with the idea of using network marketing as a perpetual fundraising tool. My company manufactures and sells pharmaceutical grade supplements. So, not only would the donor be helping the non-profit, they’d be getting products in return.
This has been done successfully by other associates in my company but I was asked a question by an Executive Director of one non-profit that I have not been able to find an acceptable answer to; “Is it legal to accept money from this type of fundraising?”
My answer was, “If you can accept money from the sale of hot dogs, or wrapping paper, there’s no reason why you wouldn’t be able to accept money from this type of sale; and instead of being a one-time purchase, your clients would now be purchasing these products monthly giving your organization an ongoing, residual income.”
I would appreciate comments on this subject and resource information where I might find further explanation for this specific issue.
Sincere Regards,
Marylee
Wow, what a simple business that everyone can do. I have given away nearly 200 genies, earning me a residual income of over $500 per month and growing. Whats more the bonuses we are being paid on a weekly basis by helping others do the same is growing rapidly. We are getting up to a full time income from a part time business. I can see the income soon overtaking my income from my property portfolio of 27 houses here in South Wales. Our business is already grown internationally. Don’t hesitate with this business. regards, Phil. 0044 7977002690 or skype philchappell1