Wednesday, January 28, 2009

Market America Scam. Is Market America a Pyramid Scheme?

By Mathew S. Robar

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.

So by now, you have no doubt heard of the growing company that is Market America. Market America was founded in 1992 by James Ridinger, formerly of Amway. Their Corporate headquarters are located in Greensboro, NC.

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.

Once the product is ready, Market America will leverage their nationwide sales force to bring the product to market. Pretty cool idea actually.

The opportunity itself is network marketing. You as an unfranchise owner can build a downline of people underneath you to get compensated off of.

What this does is use the concept of leverage once again to drive earnings for the person at the top. Now Market America also uses a BV or Business Volume system to determine payouts.

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.

The normal network marketing stigma's still apply. You will most ikely be asked to recruit your family and friends and purchase products.

If you want to participate in the hotel meetings and product parties, that this may be a good fit for you.

So is Market America Legitimate? Yes, they are a legitimate network marketing company.

It is not up to you to decide if you would like to work inside of that structure.

Have fun and good luck! - 16732

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