Wouldn’t it be nice if you could quite literally “monetize your network”? To actually scrape just a little bit of money from all the transactions generated between people you know?

OK, well this doesn’t quite do that, but it’s a first step. And best of all,

1. It’s 100% free.

2. Nobody spends any money they weren’t already going to spend.
3. Everybody actually saves money over what they could do on their own.

One of my readers sent this to me this morning, and I’ve spent a good chunk of the day doing my due diligence — I’m like that, especially if I’m going to put my reputation on the line when I tell about something like this. I know that at first glance this is going to look like some kind of MLM recruiting (not that there’s anything wrong with that…), but it’s not, and I will explain — bear with me. Also, I think this is by far THE coolest thing I’ve seen regarding making money online – absolutely brilliant, ingenious business model – one of those that makes you go, “Why didn’t I think of that?”

And please… critiques and questions welcome. I think this thing is the greatest thing since sliced bread. If you don’t think so, tell us all why.

Do you shop online? At major sites like Buy.com, Circuit City, CompUSA, SkyMall, Entrepreneur.com, Forbes.com, Dell, HP, T-Mobile, Stamps.com, Toshiba Direct, VistaPrint, ABC TV, NBC Universal, NASCAR.com, OfficeMax, Sears, etc.? You get the idea…

Now, all of these sites have affiliate programs, paying affiliates anywhere from like 2% to as much as 50% of the sale in some cases. Simply put, how would you like to see some of that money yourself? Better yet, how would you like to get a little piece of that money when all your friends, and their friends, and their friends, and so on, and so on, shop at those stores?

That’s what MyPowerMall (MPM) does. And yes, it’s completely free to participate.

Think about it… it would be completely infeasible for you to go set yourself up as an affiliate in all those sites you wanted to shop at. Furthermore, even if you could, most of the sites have tiered commission structures based on volume. MPM is a single affiliate, so with all the people in it, they end up with the volume to put the commission payouts at higher rates than you could ever get yourself with a single sale. So that means that the money can be shared with your upline, make their company a little bit of money, and you still have a nice little rebate on your own purchases.

MPM has two types of membership. If you’re a heavy consumer, you can join as a personal member and get deeper discounts on your own purchases, but nothing from your downline. Or choose the business membership and get a smaller discount on your own purchases and earn commissions from the shopping by your downline – down 9 tiers. And intriguingly (I don’t quite understand the rationale behind this, but OK…), the highest portion of the payout is actually at your 3rd and 4th tiers, not your own purchases and tier 2.

Interestingly, this is actually not MLM from a legal standpoint. See, nobody actually buys anything from MPM – they buy from these major retailers, and at a cost guaranteed to be lower than they would get if they visited the site directly. And the pyramid doesn’t collapse, because even people at the very bottom of the pyramid still benefit. It never costs anybody a dime that they weren’t already going to spend anyway.

How cool is that?

So here’s my affiliate link if you want to learn more or sign up: http://www.mypowermall.com/Biz/Home/18478.

Share the wealth!

And oh yeah… one very important thing… please remember to actually use MPM when you shop!