Market America is a privately held company that was founded in 1992. Its specialties are ecommerce, advertising, marketing, brokerage, and the internet. It sells products over the internet and through One-to-One marketing techniques. There are 160,000 distributors of their products around the world and they have over three million customers to date. Over the lifetime of this company they have sold over $2.4 billion in goods.
Market America is based out of Greensboro, North Carolina. Between their headquarters and internationally the employ over 500 people. In addition to their headquarters they also have field offices in Australia, Canada, Hong Kong, and Taiwan. These office provide support to their independent distributors. These distributors sell Market America’s products both face to face as well as on their own websites. Market America, meanwhile, sells its products on services on their web portal Shop.com.
Each year this company holds a world conference which is attended by many of their independent distributors.
The world conference for 2018 was held in Miami, Florida. Market America shares the latest happenings with the distributors at these conferences, new initiatives, and any new products and services that will soon become available. This year it was held on February 1st through the 3rd and it was located at American Airlines Arena which can hold up to 21,000 people.
The biggest thing people were talking about at the world conference this year was the “Shopping Annuity” program. At this world conference, which was also a 25th anniversary celebration, executives of the company talked about how the independent distributors could take advantage of turning their spending into earning through this program.
Shop.com has a proprietary comparison shopping engine as part of the website. It finds the best prices for each product anywhere on the internet. When consumers buy something they can get up to 50% cash back on their eligible purchases on this website.
At this conference Chief Executive Officer JR Ridinger said that his company was changing how consumers buy things. He said that his company is creating its own economy where people earn money by buying things which is a revolutionary concept.