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My Shopping Genie

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tourdeforce | 20:17 Sun 06th Mar 2011 | Business & Finance
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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
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would need to see the contract
tourdeforce - google it, there are loads of links - the general opinion is that it's a scam. It looks a bit too much like pyramid selling to me!
my initial reaction but havent come across it.
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!
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Many thanks folks.

I have been a meeting and have also googled it so know what it is all about and also about its MLM scheme.
I was hoping to find someone that had actually signed up.

Mr DeForce

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