This review is all about the Market America. Do you want to know if this business opportunity is legit or scam? Are you curious if you can really earn from it? Well, I suggest that you read this review in order to clear your doubts about it.
Company Name: Market America
Owner: JR & Loren Ridinger
My Rating: 6.5 out of 10.0
What is the Market America?
Market America is a company that offers variety of products in health, nutrition, skin care, anti-aging and cosmetics. The company achieves this by acting as a broker for the products produced by other manufacturers and vendors.
Their website claims that they offer hundreds of exclusive products and services. You would be surprised to know that they have already paid $3.8 billion in commissions and retail profits. By the way, this multi-level marketing company was founded by JR and Loren Ridinger in the year 1992.
In this review, I will take a closer look at this company and try to determine whether this is a scam or not. This is based on my honest research about it. I recommend that you read the entire review before thinking about joining this company.
How Does Market America Work?
The website of the company presented limited information about their compensation plan. But then, it is full of information about their products and their achievements so it is hard to believe that they have so little to say about their business plan.
Anyway, let us take a look at the ways of earning money through this company.
It is normal for MLM companies to allow their distributors to earn money by selling the products directly to customers. The amount of profit that you will earn will depend on how much sales you make monthly. You can earn 30%-50% commission on your sales, which is actually good.
You can earn retail profits through two ways. The first way is to buy the products at wholesale price and sell them at retail price directly to the customers. I must say that you will struggle to earn this way if you don’t choose the products wisely as the company offers a wide selection of products in many niches.
The second way of earning retail profits is by using the internet. You can direct your customers to the website and earn money by building a network of preferred customers.
The preferred customers will place monthly auto-ship orders and you will be able to earn from them every month as long as they don’t cancel their auto-ship.
More Information About Market America
You can earn money by building your downline, but you will not earn from the total sales of your entire downline. The people that you recruit will be placed in two legs namely your right and left leg. Basically, you will be paid on your weaker leg.
For example, let us assume that the sales of your right leg is $2,000 and the sales of your left leg is $500. You will be paid on the sales of your left leg ($500). And you will earn from your team weekly.
The compensation plan based on the limited information that I have seen is not great. As far as retail sales are concerned I have no big issues except the difficulty that you might face in selling the products. When it comes to earning from your team, I don’t like the binary structure at all.
The binary structure will not allow you to earn from your entire team, but it will limit your earnings to your weaker leg.
If you have a balanced team, then you may not earn a much lower amount from your weaker leg. The opposite is true for having an unbalanced team. As you can see from the example I have mentioned above, the earnings can be affected a lot because of the binary structure.
How Much Does It Cost to Join?
I couldn’t find the cost of joining as it was not mentioned on their website. But it would make sense if they charge money for joining in exchange for products and website. The cost of joining could be around $100 or even more in my opinion.
You may also have to buy products monthly or have a certain number of active preferred customers to get the maximum benefit of the compensation plan.
How Much Can I Earn?
I could not find an Income Disclosure Statement that has been published by the company. But the website has an impressive figure that shows the high amount of money that they have paid to their distributors. The figures are impressive, but they don’t show the reality of the situation.
The reality is that this is a multi-level marketing company and most people fail in companies like this one. You can market the products in various niches, but that is not enough to ensure your success.
It would be hard to recruit people who stick around as it is hard to succeed in this business. So I don’t think that your earnings would be impressive if you decide to join this company.
Are there Any Complaints?
Yes, and I have listed some of the major concerns below.
There are no benefits for beginners.
The products are overpriced.
If you aren’t a salesman, you will have a hard time.
In my opinion, Market America is not a scam. They still offer some helpful information on how you can have your own business.
The concept behind this company seems unique, but in reality they aren’t doing anything special. They try to present the opportunity in a manner that is misguiding. This is just another multi-level marketing company, but they try to present it like a franchise. Nevertheless, I still leave the final decision in your hands. Good luck and choose wisely.
- Teaches entrepreneurial Skills
- Variety of Products to Offer
- Climb the ranks to earn more
- Binary structure of earning limits your income
- Support can be improved
I know that you want to invest in Market America because you are already tired of not earning that much from your current job. I also feel that you already discovered the earning potential of having your own business.
But let me tell you that this type of business is not for everyone. It requires patience and perseverance in terms of selling and recruiting.
On the other hand, if you are still looking for an efficient and effective way of earning, then you can also look into my personal favorite. My best suggestion would be through making your own online business with a support from community. Basically it is a modern way of making money. And this will enable you to enjoy your working time at home.
Right now, I am on my second year in this community and I am already harvesting the fruits of my labor. So, I want to share my success with you.
If you have more questions and concerns about the Market America, feel free to comment it below and I would be glad to interact with you.
Let me hear your experiences and personal concerns on the comments below!