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My Power Mall Business Evaluation
I’ve looked at numerous opportunities to make money online over the past 10 years and very few have been truly free or actually offered a product or service that would benefit me. Today I am looking at My Power Mall (MPM).
Here is the basic information. You will get a free mall when you sign up. You will receive a discount on all your purchases. You can gift free malls to anyone and you will receive a commission for all purchases up to 9 levels deep. You will receive all the tools you need to succeed in your new business.
So far so good, but then they all sound good in the sales letter. The first thing I looked at is is there any store in the system that I would actually use? Having the ability to shop online at a bagel shop in Nebraska would not benefit me. You can shop online at places like Sears, Target, PETsMART, Starbucks, Hickory Farms, Ralph Lauren, Overstock, Wes Marine, Old Navy, OfficeMax, Gap, Circuit City and K Mart just to name a few. over 1000 stores available and get discounts on everything you buy.
I shopped at some of the stores listed and when I looked for a great price on the items on sale I couldn’t find any. I have seen other online stores raise the price per item so high to make up for the commissions paid that anyone doing any kind of price comparison would never buy from that online store unless they lived in a very small town. and the nearest store was more than 50 miles away. This type of opportunity would limit my target market and earn very little, if any, sales commission.
Is it really free? If I have to spend $30 or so a month to keep an account active, I don’t consider that opportunity to be free. If I have to buy some kind of mailing list or do any advertising to get a minimum number of people signed up under me to keep my status active, again, it’s not free.
Is there a minimum rating for My Power Mall? No, there are no mandatory minimums, no meetings, no sales, no activity requirements and the company guarantees there never will be. If you look at what they have to offer, you can see why this is true. Only one online store exists.
Everyone who owns a mall uses the same set of computer programs and the only thing that is different is that your ID number is used to determine who gets the commission for the sale. Once you set up a database to track member ID numbers, it’s not much more expensive to track 1 member than it is to track 100,000 members. No programming staff is required to help members customize malls or additional computer space to take care of all the different malls. There is no approval process, as soon as you sign up you will have your mall ID within seconds.
No sale This is right at the top of my list of things I don’t want to do. I hate selling. I don’t want to send sales letters to all my friends or even people I don’t know. I enjoy writing articles and have websites for my articles on allergies, heart disease, diamonds, etc. When I write an article about allergies or diamonds I don’t tell the reader to go out and buy this vitamin because, or go to this jewelry store and buy diamonds. I enjoy writing articles that contain useful or interesting information. I can add plugins for one or two vitamin companies or jewelry companies to my websites and if the reader wants to buy something, then great and I get a commission on the sales.
This may give away my age, but several years ago I went to England on business. I was hanging out with some people from work and the topic of blue jeans came up. When they asked me how many blue jeans I had, I told them I had about 6 pairs. They immediately thought he was rich. Why, because at that time blue jeans were very hard to come by in England and cost about $150 each. My cost was about $30. I sold them my blue jeans for $100 each.
American products are still very difficult to obtain in many foreign countries. My Power Mall group has made deals with a company to ship almost everything they sell to almost any country. There will be an additional cost for shipping and customs paperwork, but if a customer in Uruguay wants to buy Craftsman tools from Sears, it can be done.
One last thing, My Power Mall donates a percentage of profits to non-profit organizations. They even give you the option to sign up with your favorite nonprofit for a win-win situation. Can I recommend this company? I just signed up with them and don’t have enough history with the company to give you a fair and honest report, so you’ll have to check back later. They have passed all my tests, but you have to check them out yourself and see if they pass all your tests.
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