My Shopping Genie Bargain Hunting and MLM Business Opportunity
Bargain Hunting used to mean going to flea markets, second hand stores and waiting for stores to go on sale. The Internet provided a much larger venue for shoppers to find bargains online and for this reason, My Shopping Genie or MSG was invented. MyNet Universe launched the software in 2007. MSG is a free software available for download on their official website and from licensed distributors.
My Shopping Genie was programmed to display all the available items the customer searches for from the biggest retailers online. Initially, MSG was meant to list only items found in eBay but since then, updated versions of the software included items found in online retailers like Amazon, Best Buy, Walmart, Kmart and so on. Every time a user searches for an item, a toolbar pops out. The toolbar contains links from major online retailers that directs you to the item you searched for. The Genie had already searched for the lowest prices in each site so you don’t have to search the store. Instead of going through every website to search for the price of a particular item, information is collated by the MSG toolbar.
The compare button will show comparison sites like Bizrate.com and Shopping.com that already compares items with the lowest prices found in retailer’s websites. The deals button is to find coupons and discounts given by restaurants and other establishments. To make the Genie more efficient in finding deals, customize the options by listing your zip code to find deals in your area.
The company adopted a multilevel marketing model to distribute the software so that enterprising people can earn as well. Although there really is no physical inventory to buy, a distributor will have to pay a one time license to distribute payment costing $199. A monthly fee of $29 is also required to be able to continue distributing the software for free. There is no limit to how many people you can distribute the software but the binary compensation plan limits 2 teams or 2 distributors who are directly under you.
Like in every MLM business opportunity model, enrollments of more distributors are rewarded with financial incentives. But even before you recruit someone, you can already earn by the pay-per-click system. You earn every time somebody clicks on a link, prints a coupon, or anytime they use the Genie. The company did not set limits to how much pay-per-click commissions you can earn. The Cash! Quick commission pays $100 for every two My Shopping Genie license you sell. A 20 percent Click Override bonus is given to first level distributors from the sale of licenses by the distributors they personally enrolled. The Dual Team Infinity Pay Structure is a binary compensation plan where all top tier distributors benefit from succeeding sales from the rest of the team. Further incentives are given to power distributors dedicated enough to recruit more than the average number of distributors. If you’re interested in becoming a distributor, further information is available at their site http://myshoppinggenie.com.
MLM Online Home Based Business Opportunities
Multilevel marketing or MLM online home based businesses are cropping all over the Internet. If you are looking to take a piece of this multibillion dollar industry, make sure to do your research because scammers are looking into getting rid of your dollars for you. MLM has gained notoriety because of such scams like the pyramid scheme that is similar but so far removed from what legitimate network marketing is. For the cautious budding entrepreneur, here are some legitimate MLM companies you might be interested in.
Shopping Genie
My Shopping Genie, launched in 2008 by MyNet Universe, was initially a companion application for eBay. It’s a free application to help ebay users get the lowest prices and discounts on any item. My Shopping Genie expanded to include items from Amazon, Walmart, Buy.com and other big name online retailers. Every time a user searches for an item using Google, Bing or Yahoo, a toolbar pops up. It displays the item you’ve searched for that can be purchased from the online retailers. You can compare prices and search of coupons for discounts.
My Shopping Genie application itself is very useful and it’s free so how could you earn money from this, you might ask. For one thing, you earn from the sales revenue generated from the Genie you gave away for free. Another is sales from coupons and the last is through a recruitment program. The principal you have to put up is generally small. You only pay a one time MSG (My Shopping Genie) Licensing fee which cost $199 and $29 monthly fee to be able to distribute the software to as many people as you want.
Mary Kay Cosmetics
Mary Kay Cosmetics was founded in 1963 at Addison, Texas by Mary Kay Ash. Originally, the company concentrated on skin care products but eventually they started to market cosmetics and fragrances aimed at women. The company expanded globally and is well-known in all five continents. Mary Kay has the highest profit margin of all products sold in a multilevel marketing platform with 50 percent of the listed price designated towards the sales representative. Through a monthly catalog of new products and website provided by the company, independent sellers seemed well supported in terms of marketing. Like any staple of a multilevel online home based business, recruitment is another opportunity to earn income and incentives.
Herbal Life
HerbaLife International was founded in 1980 and is currently employing 4,000 people around the world. Weight loss and skin care products are the products that the company is marketing. The products’ target market is huge because of the rising overweight population and the public starting to get conscious about their health. Sales representatives earn from wholesale and retail profits plus incentives and bonuses for proactive recruiters. The company provides training and assistance for beginners to their program. You can start your MLM online home based business by selling Herbalife products to your friends on your social networks and on your personal website.