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My Power Mall - Scam or True Opportunity? About a month ago a friend sent me a link about this “great opportunity” and having “been there and done that,” with business opportunities, I was skeptical. However, I promised her I’d look at the site and see what I thought. My Power Mall is a company that is only 8 months old but has over 60,000 members so far. People sign up for free for a shopping portal website-everything is provided and there are absolutely no costs involved. All you would have to do is register for a free shopping mall, receive it instantly, and then give out the website address to friends, family or non-profit supporters, who would hopefully give it out to everyone they know. People simply go to the Power Mall website, find a store where they would like to shop (there are over 1,000 choices), then, once they click on the store, they are taken to the store’s website to shop as they normally would. If others decide they’d like to have their own shopping mall, they can simply click on the link provided and instantly receive their own mall. The original mall owner still receives a rebate from any purchases made from their “down line.” In this sense, My Power Mall would probably be considered an MLM. To build a business, you build a down line by giving away malls. However, what makes it different is no one is collecting money for these malls. You don’t get more rebates by having more people signed up- unless they shop, that is. People are free to use the site for personal shopping, build a business or help a non-profit. Advantages I’ve found from belonging to My Power Mall: First of all, I’ve always dreamed of helping non-profits and My Power Mall actively encourages people to use this to help others. It’s easy for a non-profit to use-simply sign up for free and give the link out to supporters to shop and put it on a website or any literature they have. The best part is, if others sign up under the non-profit, they benefit even more. My Power Mall also gives away a portion of the profits to charity. Second, I’ve found hundreds of products I’d shop for anyway through My Power Mall. I use vitamins from a company called Vitacost, which is on the list of stores. I bought all of my Christmas presents this year though stores like Sears, PetsMart, Target, KBtoys and Barnes and Noble. All sign up is free and no personal information is needed. You can even sign up your kids and create college funds for them too. All you need is a separate email address for each account. The company is soon going to debit cards and you can spend your earnings as you would with any debit card. There is a very helpful forum, at least for my particular group, who have many tried and true approaches for building a business. There is also free training and tools available on the Power Mall site to help you and helpful newsletters. On Cyber Monday, Americans spent $733 million on Internet shopping. Those who have a Power Mall could be earning a rebate from some of those purchases. Drawbacks to My Power Mall If you’re looking for something where money will just fall into your lap, this isn’t it. There is work involved in getting your link out there and telling people what My Power Mall is all about. You can take out free ads, put it in your signature on forums, etc but be prepared for people who are afraid this is just another “scam.” You have to be persistent and not give up. My Power Mall is still relatively new and not many people are familiar with it yet. People tend to skeptical. If you want to work with non-profits, you have to be prepared for lots of rejection. Non-profits are stuck in the mode of holding auctions, selling candy or magazines, etc. They haven’t yet realized how much easier it would be to give out a link to a shopping site and site back and collect money. One drawback I have personally with the business site, where people watch the informational video is that it’s kind of “in your fact” and seems like a “business opportunity”. Not sure if that turns some people off. I would actually prefer a lower key approach, but that’s just me. Because of this, I’ve developed my own letters and flyers, etc, that I’m more comfortable with. Since I’ve only been involved in My Power Mall a short time, I can’t say over the long term, how it will work out. However, I have signed up two non-profits that I’m helping to promote and I have college fund sites for my kids and nephew. I do my shopping there and receive rebates so whatever else develops, to me, it’s nice to be the owner of a Power Mall. If you would like to watch the informational video, you can find it in this link. If you sign up through this link, you will be also helping the Lillian Smith Family Violence Foundation which is dedicated to educating people to stop family violence. http://www.mypowermall.com/Biz/Home/89043 If you would just like to try shopping at a mall and benefit an animal rescue group, go to this link and check out all the great stores available. http://www.mypowermall.com/mall/86873 Written by Stacy a Power Mall Business Owner |
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