Market America and Earning Residual Income
Market America was founded in 1992 by J.R. Ridinger and his wife Loren Ridinger. J.R. Ridinger currently serves as the company’s President, CEO and Chairman. Their headquarters are stationed in Greensboro, N.C. and they also have multiple operations based in countries such as the United Kingdom, Australia, Hong Kong, Mexico, Taiwan and the Philippines. The business model of the company is mostly powered by individual shop owners that earn residual income by selling Market America’s products on their online store. Every product is manufactured by other firms but are exclusively marketed by Market America alone. Annually, the company host a series of events and seminars for entrepreneurs and those that wish to grow their business acumen. These events offer great business advice and strategies straight from the company’s top business experts and leaders.
The independent shop owners that help to distribute the products are aptly named “UnFranchise Owners“, they each can set their own flexible hours usually on a part-time basis. The UnFranchise Owners can earn referral bonuses as well as a 30-50 percent bonus once they successfully satisfy ten to fifteen preferred customers. There are custom management tools provided for each owner so they can adequately run their shops and a 24-7 online support system if needed. The business development plan allows individuals to create a secure stream of income and a path towards financial independence, and learn more about Market America.
Customers from around the world can choose from an array of different products sold from Market America’s SHOP.com, they bought this domain name from the creator of Microsoft, Bill Gates. They offer everything from beauty, personal care, home and garden, automotive works, jewelry, weigh loss management and dietary supplements and much more. Market America stays ahead of their competition by quickly creating brand new products and brands consecutively every year. The marketplace is also a great way for consumers to discover new products from up-and-coming retailers, and www.marketamericagear.com/.