As of today, 29 January, 2010, the My Power Mall is no longer in existence per CEO/Founder Ginny Dye. After eight years of online success in the shopping industry, this company is having to close its doors.
For me, it is tough to see any business go belly up. I know that there are individuals that worked diligently to make this program work and they were successful for many years. I also know that you have to have participation of your members to make an organization like this stay afloat. It is apparent that the members were not doing their part in the shopping category.
We all know that we are in a recession, but why is it that some businesses are even growing while ones like My Power Mall are folding? I do not know anything about their structure, nor do I know anything about their leadership. From the memo I read I can see that there was a team called the M-Team that apparently tried desperately to keep things alive and moving forward. When you have over 77,000 members and only 600 plus are actively using the resources at hand, something has to give. Of course what has happened with My Power Mall could and possibly will happen to other companies if they are not planning ahead.
I know that there is yet another company that has been offering an opportunity to shop online for almost 13 years now and they are growing exponentially at this present time. There is definitely something being done with this company that was apparently lacking in the My Power Mall toward their demise. This of course is just my own personal observation.
There is nothing that can been done to revive My Power Mall, but if you are one of the serious online shoppers that likes to get paid to shop online and even be able to build a business, then you might want to check out this other thriving company and go ahead and team up with them.
Whatever you decide to do, I'm sure it will be the best choice at this time for you and your business options. Everyone needs time to digest what has just happened. My heart felt feelings go out for Ginny Dye and all the sweat and tears she put into the business.
Best Regards,
Eddie
eddiegarcia08@gmail.com
(229) 889-9532 Anytime!
For me, it is tough to see any business go belly up. I know that there are individuals that worked diligently to make this program work and they were successful for many years. I also know that you have to have participation of your members to make an organization like this stay afloat. It is apparent that the members were not doing their part in the shopping category.
We all know that we are in a recession, but why is it that some businesses are even growing while ones like My Power Mall are folding? I do not know anything about their structure, nor do I know anything about their leadership. From the memo I read I can see that there was a team called the M-Team that apparently tried desperately to keep things alive and moving forward. When you have over 77,000 members and only 600 plus are actively using the resources at hand, something has to give. Of course what has happened with My Power Mall could and possibly will happen to other companies if they are not planning ahead.
I know that there is yet another company that has been offering an opportunity to shop online for almost 13 years now and they are growing exponentially at this present time. There is definitely something being done with this company that was apparently lacking in the My Power Mall toward their demise. This of course is just my own personal observation.
There is nothing that can been done to revive My Power Mall, but if you are one of the serious online shoppers that likes to get paid to shop online and even be able to build a business, then you might want to check out this other thriving company and go ahead and team up with them.
Whatever you decide to do, I'm sure it will be the best choice at this time for you and your business options. Everyone needs time to digest what has just happened. My heart felt feelings go out for Ginny Dye and all the sweat and tears she put into the business.
Best Regards,
Eddie
eddiegarcia08@gmail.com
(229) 889-9532 Anytime!
It's great to be back here, Eddie. I hope all is well with you.
ReplyDeleteYeah, it is sad to see any business closing down. I'm sure the people behind the business did everything to keep the business afloat.
I'm sorry to read this company is closing, especially since it's an online business (what with me planning my own website and all..)
ReplyDeleteSolar power companies are booming over here, as well as the real estate market. Strange indeed.
wishing you a pleasant weekend,
Duni
To Leomar
ReplyDeleteAll is well my friend and good to see you back. From what I can tell these folks did everything possible to keep the business going but... Thanks again for stopping by!
Friends 4 Life!
To Duni
ReplyDeleteI hate to hear of any company shutting down too but hopefully these folks will be able to recover and maybe start something new. I am surprised to hear solar power is doing so well where you live. That's good of course and to hear that real estate is doing good is very positive as well. Thanks for coming by again and leaving this most appreciated comment.
Friend 4 Life!
Hi Eddie,
ReplyDeleteDo you know any insider info why they are closing?
regards,
eric
Stopping in again, I just don't see you much these days. What's up?
ReplyDeleteSurprising to see an on line business go bye bye, usually they do better because they're on line.
Sandy
To Sandy
ReplyDeleteIt is surprising to see an online business with this many years of service shut down. You are only as good as your customers!
I am truly busy with my full time job and my two network marketing businesses. They have really taken off and I love every minute of what I am doing in serving others both spiritually and materially. It's a true blessing from God in my life. Thanks for stopping by again and it is good to be missed!
Friends 4 Life!
To Eric
ReplyDeleteHaven't got any inside info to share with you my friend. I was never a member but apparently all the members have not been notified of the closure.
Friends 4 Life!