Market America was founded in 1992, and over the years has grown to what it is today. As a product broker and internet marketing company, they worked on their business model and fostered the entrepreneurial spirit. They built their company from the ground up on the idea of providing their customers with a better way to shop. Now, thanks to their use of that business model, Market America has become an internationally known social shopping experience.
Up to The Present
Market America’s shipping site, SHOP.COM has grown into one of the largest online retailers in the world. They now offer over 35 million products and services, including some of their own exclusive brands, and are partnered with hundreds of the top internet retailers to get their customers what they want and need. Market America’s proprietary business model has harnessed the power of the internet, then combined it with a social shopping experience fueled by One-to-One marketing, and the concept of “Shopping Annuity” where one can earn up to 50% cash back. By embracing the entrepreneurial spirit they have developed a network that gives the customer a personalized shopping environment while also giving them an earned incentive.
Into the Future
From their headquarters in Greensboro NC, Market America Worldwide has branched out across the globe. They have international operations in Australia, Canada, Hong Kong, Mexico, Singapore, Spain, Taiwan, The UK, and the US. The company has an accumulated total of over 7.3 billion dollars in sales. This network of independent distributors and “UnFranchise” owners are poised to move the market into the future. With the continuing decline of the traditional brick and mortar store, the internet marketplace is becoming the new standard. They are trying to establish the future standard by changing the way people shop, and even more so, how they think about shopping. Through the use of One-to-One marketing, and Shopping Annuity, Market America is empowering entrepreneurs to not just thrive in this current economy, but to create their own future economy; one, as they say, “Built on product. Powered by people.”