Exploring the MyWorld and Lyconet Ecosystem

You might be familiar with the concept of earning points or cashback from your purchases, but My World takes it to a whole new level. So, what exactly sets My World apart from the crowd? Let’s dive in and explore.

What Makes My World the Best Choice?

Imagine having access to savings on every purchase you make, locally and globally. That’s the power of myWorld. With over half a million merchants across more than 50 countries worldwide and a staggering array of over 300 million products, myWorld ensures that you save money wherever you go. In fact, myWorld has been hailed as the best reward program by esteemed sources like Statista and Newsweek in the US for 2023.

How Does My World Work?

At the core of myWorld is a simple yet ingenious shopping cycle that benefits both shoppers and merchants alike. Shoppers are naturally drawn to opportunities to save money, and with the myWorld app, they can easily identify where those savings lie. Meanwhile, merchants rejoice as they gain access to a stream of new and loyal customers, leading to increased sales and revenue.

Here’s how it works: When a shopper makes a purchase, the merchant pays a commission to myWorld. A portion of this commission is then distributed back to the shopper in the form of cashback and shopping points, while another portion goes to the referring Lyconet marketer.

Understanding the Distribution of Commision:

Let’s break down how the distribution works with a real-life example. We have a large retailer who signed a 5% agreement with myWorld. They are happy with the agreement because they're cutting costs on advertising and paying less on bank charges since myWorld collects the payment. Now, let's say a myWorld customer spends R1000. From this purchase:

• 5% of the purchase, which is R50, goes to myWorld.
• The shopper receives 1% cashback, which amounts to R10.
• Another 1% goes to the person who introduced the shopper, also R10.
• Lyconet, the marketing agency, receives 1%, which is another R10, to cover operational costs.
• The remaining R20 goes to the marketers in the Career Plan and bonuses.

Joining myWorld as a Shopper

Getting started with myWorld is a breeze. Simply register as a shopper at no cost either through a referral link (my referral link here) from an existing member or at a participating merchant. Once registered, you’ll gain access to the myWorld app and personal back office, all completely free of charge.

As a shopper, you have three primary ways to save money:

• Local Shopping: Utilize the scan-and-go on the myWorld app for purchases at small businesses.
• Online Shopping: Shop at over 20,000 online stores participating in the My World program.
• E-Gift Cards: Purchase electronic vouchers for use at major retailers and instantly receive cashback.

No matter how you choose to shop, you’ll earn cashback and shopping points on every purchase, with the amount varying depending on where you shop.

Redeeming Shopping Points

Shopping points can be redeemed for cashback. Cashback deals allow you to earn extra cash by redeeming shopping points at select merchants offering cashback deals. With each shopping point valued at R1, the potential for savings is significant.

Joining My World as a Marketer

But what if you’re looking for more than just savings? What if you seek an opportunity to build a lucrative career? That’s where Lyconet Marketing Agency comes in.

As a Lyconet marketer, you have the chance to unlock unlimited earning potential by building your own shopping community. By registering shoppers, merchants, and other marketers, you’ll earn career points on every purchase made within your network. And the best part? You don’t need to sell anything—simply share the myWorld app and watch as your network grows.

As you climb through the career levels, you’ll unlock even greater rewards and opportunities. From additional cash payouts to exclusive workshops and events, the sky's the limit.