News2 mins ago
My Shopping Genie
6 Answers
Hi Folks.
Just been to a business meeting that was promoting My Shopping Genie.
Has anyone here genuinely signed up to this and is actually making money out of it?
I do not mean just downloading the free app, I mean signing up as a distributor with on-going fees and costs.
Your help is and always has been very much appreciated.
Looking forward to your answers in anticipation.
Mr DeForce
Just been to a business meeting that was promoting My Shopping Genie.
Has anyone here genuinely signed up to this and is actually making money out of it?
I do not mean just downloading the free app, I mean signing up as a distributor with on-going fees and costs.
Your help is and always has been very much appreciated.
Looking forward to your answers in anticipation.
Mr DeForce
Answers
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For more on marking an answer as the "Best Answer", please visit our FAQ.Blow me, an advert for it has popped up on my AB page http://myshoppinggeni...p?site=leadershipteam
As others have said, it's a "multi-level marketing" a.k.a "pyramid selling" scheme. You make your money by selling the concept (and Shopping Genie application) by singing up your friends/colleagues etc. to create your own "pyramid" or "network" where you earn a little from every click on every site your "downliners" set up. You don't make money by actually making the Shopping Genie service available to customers (fractions of a penny per search).
As with all these schemes - it reaches saturation point and only the initial few joiners (those at the tops of the pyramids) make any money (as they have the biggest networks of people).
I am amazed at the number of otherwise successful, level-headed and normally sound business colleagues that have suggested this scheme to me over the last year or so. My normal response is "you fcukwits". When you look at it - the product itself (the Shopping Genie application) is very average, doesn't work very well and offers nothing beyond what existing web sites like PriceRunner have done for years - for free. The product is value-less, the only value is in building a big network selling the chance to sell this value-less product to others!
As with all these schemes - it reaches saturation point and only the initial few joiners (those at the tops of the pyramids) make any money (as they have the biggest networks of people).
I am amazed at the number of otherwise successful, level-headed and normally sound business colleagues that have suggested this scheme to me over the last year or so. My normal response is "you fcukwits". When you look at it - the product itself (the Shopping Genie application) is very average, doesn't work very well and offers nothing beyond what existing web sites like PriceRunner have done for years - for free. The product is value-less, the only value is in building a big network selling the chance to sell this value-less product to others!