Market America has been making a lot of noise lately as an up and coming network marketing company. We will examine if they are a scam or not.
Market America is headquartered in North Carolina and was founded in 1992 by James Ridinger. Mr Ridinger was formerly with Amway.
Market America has also made famous the ability to own a franchise without all the hassles. They call it the "unfranchise."
Market America is basically a brokerage and internet marketing/sales company. What Market America does is find a need for a specific product and then contracts a manufacturer to do their thing.
Market America will then puts its sales force to work by having them distribute and sell the product all across the states on a comission basis.
As for the business structure, it is a network marketing opportunity. Each unfranchise owner running their own independent business and downline.
You would build your business the normal network marketing way, by building a downline of people underneath you. You also have to think about bv in their comission structure.
The BV system works like a point system. Say for every 100 dollars spent, you get 80 BV. Once your BV gets to a certain level, you get paid.
You should also know, that as in other network marketing companies, you are encouraged to buy products and begin recruiting from within your "warm market" which typically includes your family and friends.
If you want to participate in the hotel meetings and product parties, that this may be a good fit for you.
So are they a scam? No, they are a network marketing company that distributes products all over through its "unfranchise" owners.
It is not up to you to decide if you would like to work inside of that structure.
Good luck, have fun! - 16003
Market America is headquartered in North Carolina and was founded in 1992 by James Ridinger. Mr Ridinger was formerly with Amway.
Market America has also made famous the ability to own a franchise without all the hassles. They call it the "unfranchise."
Market America is basically a brokerage and internet marketing/sales company. What Market America does is find a need for a specific product and then contracts a manufacturer to do their thing.
Market America will then puts its sales force to work by having them distribute and sell the product all across the states on a comission basis.
As for the business structure, it is a network marketing opportunity. Each unfranchise owner running their own independent business and downline.
You would build your business the normal network marketing way, by building a downline of people underneath you. You also have to think about bv in their comission structure.
The BV system works like a point system. Say for every 100 dollars spent, you get 80 BV. Once your BV gets to a certain level, you get paid.
You should also know, that as in other network marketing companies, you are encouraged to buy products and begin recruiting from within your "warm market" which typically includes your family and friends.
If you want to participate in the hotel meetings and product parties, that this may be a good fit for you.
So are they a scam? No, they are a network marketing company that distributes products all over through its "unfranchise" owners.
It is not up to you to decide if you would like to work inside of that structure.
Good luck, have fun! - 16003
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