Market America is a company that utilizes internet platform for product brokerage, advertising, e-commerce, and marketing. Founded in 1992, Market America provides entrepreneurs with a transparent business system while allowing consumers have an easier way to shop.Based in Greensboro, North Carolina, the company operates in the US, Taiwan, Australia, Mexico, UK, Hong Kong and Canada. The Company coordinates events for link-up between consumers and distributors. With nearly 700 employees and over 160,000 distributors, Market America has so far yielded sales of over $5 billion.
Business Model and the Products
Market America offers varieties of products from different renowned retail brands across the world. The company deals with products ranging from cosmetics, health and nutrition, pet care, home and garden care, weight management and much more.Market America uses its shopping website, SHOP.COM, where consumers can access the many items. The company’s distributors earn commissions on product sales. Also their earn commissions out of recruiting new sales team members.
Under the leadership of JR Ridinger, the president and CEO, the company has become global online shopping destination. Market America organizes seminars and training activities for the company’s representatives and distributors as well as trade shows and conventions. Organised regularly, the Market America Events held in different regions. On August 9-13 this year, an international conference took place in Greensboro, N.C. The 25th Market America anniversary brought together more than 20,000 people. The event was used to launch new products including Isotonix Essentials and DNA Miracles.Other events organized for this year include East Coast Product Symposium held in Atlantic City on October 6-8, Singapore Leadership School on October 20-22 in Singapore and Taiwan Leadership School on October 27-29 in Taipei. In November there are events organized in in Hong Kong, Miami as well as Northeast Regional in Providence RI.