Money Magnet – Next Big Thing?

By Staale on March 6th, 2008 Share

Today I have spent $20 to buy myself a Money Magnet, which you can find in the sidebar.

It is a 125×125 widget that you place on your site/blog. Other people can then buy the widget with your refferal url, and the great part about it, its not possible to get one without using an refferal url. So, to be allowed to sell these widgets you have to buy one yourself. Based on how much you pay you can earn up to $50 each time you sell one. I paid $20 for mine, and earns $10 each time someone buys on with my link. So, have to sell 2 widgets to breake even, that should be possible right?

As you can se on the table I can not sell widgets that costs $10. That way I secure that I earn $10 per sale instead of $5. Do as me, buy a $20 widget. sell 2 and start to earn some cash! The money comes to your paypal instantly!

Click here to get a Money magnet Widget.

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17 Responses to “Money Magnet – Next Big Thing?”

Neotrepreneur on Mar 6th, 2008 at 9:23 am

Isn’t it this just a form of Multi Level Marketing?

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Staale on Mar 6th, 2008 at 9:39 am

Thing is, it’s only 1 level. But, sure, you are not selling anything of value, other then the right to sell the right. Hehe.

Wonder if I just wasted $20…

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Living on Adsense on Mar 6th, 2008 at 11:44 am

Seems pretty interesting.

I usually avoid odd blog widgets, but this one seems like fun. If I can dig up $20 I’ll probably buy one from you.

I takes just one person to get the ball rolling, maybe I will be your ball.

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Chetan on Mar 6th, 2008 at 12:42 pm

Doesn’t seem to be that good, just like spottt but we have to invest and just wait and wait till people buy the spot.

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Staale on Mar 6th, 2008 at 12:48 pm

Its nothing like spot, since you don’t get traffic. But yes, to earn money, someone else has to buy:)

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Philip Gamble on Mar 6th, 2008 at 1:37 pm

I don’t get it – is this just selling widgets for selling widgets sake or is there some kind of advertising involved?

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Jason on Mar 6th, 2008 at 1:43 pm

Looks like a massive pyramind scheme, of which the company take a cut every single time..

Judging by their network earnings ($66250), a pretty profitable pyramind scheme. Damn lol, I need to work some of the stupid ideas I’ve had recently into actual sites.

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Staale on Mar 6th, 2008 at 2:04 pm

Its selling widgets for selling widgets. Hehe.

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Caren on Mar 7th, 2008 at 5:02 am

The company that made this must be laughing their heads off. A one-level pyramid with them always at the very top. If the widget actually did anything useful apart from try and sell itself more people might fall for it though…

Nothing personal, you’ll probably make the money back, but I won’t support the original makers.

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Staale on Mar 7th, 2008 at 5:19 am

Caren; if the numers are true then people ARE falling for it. (damn it, im one of them!)

Hopefully I’ll get my money back, we’ll see. Hehe.

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Ian on Mar 7th, 2008 at 7:08 pm

Can’t see the point in it myself. Looks like a simple pyramid scheme.

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The Sleepy Surfer on Mar 10th, 2008 at 7:05 am

looks like I’m late. By the time I reached this post, the widget is gone already .

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Navjot Singh on Mar 11th, 2008 at 2:48 am

So did you recover your money? Even I ended up wasting money on it. Here is my link if someone wants to help me?

http://www.getmoneymagnet.com/?r=6a45de12f6b4c2f0786562598a4b8127

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Staale on Mar 11th, 2008 at 5:19 am

No, I didn’t sell one single widget. Might have something to do with the fact that I lost faith in the “product” after 10 minutes.

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david cheong on Apr 8th, 2008 at 10:26 am

Its kind of neat to have the widget on the blog. Hmm.. wonder how the response is.

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john simpson on Apr 28th, 2009 at 1:13 am

thanks for sharing this great money maker!

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