MuseWinegar799
Is Market America a scam or is it legal?
Market America continues to be getting a lot of attention recently. Online forums really are a buzz as to whether or otherwise Market America is a Scam. The fast and simple answer is no...it is not a gimmick. However, after doing my research on this company I've discovered several troubling issues.
What exactly is Market America?
Based on Market America they're "a product brokerage and Internet marketing company that specializes in One-to-One Marketing." What is One-to-One Marketing? Only a fancy term for MLM or Multi-Level Marketing. And what exactly is a product brokerage? A fancy word for any wholesaler. They offer what they call an "unfranchise" to their members that allows the members to recruit more members and get paid commissions on their own purchases.
What do they offer?
Market America sells from shoes to financial lending. They do seem to really push their lines of generic health, personal care and anti-aging products. However, it's not necessary to purchase them and there are name brand products available too.
What's the Market America Compensation plan?
The compensation plan is simply plain confusing...either they do not do a sufficient job describing it or they purposefully managed to get confusing to hide what your real profits will be. So I did more research to discover exactly what their compensation plan is and just what their real payouts are. This is where it gets scary folks.
So I went to the marketplace America main site (not an affiliate site) and that i could not find any more information on their own payout structure. Hmmm...I wonder why? So I started a chat session with someone named Alex who kept telling me to call their field office to answer my questions (yeah right!...like I will be seduced by that one simply to wind up on a hard sales call). Following a lot of persistence Alex finally told me that I may find an exhibition on an affiliate website, but that some affiliates decide to turn the presentation off. I'm wondering why they would do this? And so i did several searches and lastly found an affiliate site that had a presentation and wow did my jump to spin. I needed to view the payout structure many times to understand what they were referring to. Now we all know why most affiliates not show the presentation.
First to be able to qualify to start making money you have to purchase 200 BV (Business Volume) price of product.
What's BV you may well ask? Yeah me too. So back to friendly but frustrated Alex in the chat center, and again I am continually told to make contact with their field office to reply to what BV is. Well not entirely Alex does give me some rehearsed definition of what BV is but can't or maybe won't answer how much BV relates to in dollars...you know the funny green stuff us humans use down here in the world. And so i returned towards the forums and check engines scouting around for the elusive BV. Finally, I discovered it on some regional Market America Challenge site...it appears as though they challenge their members to purchase specific products and when you win the task you get preferred seats to their conference (that you simply still have to pay for). The BV exchange rate is variable and depends upon the products sold. BV is around 60-90% of the dollar value of the merchandise. Most products seem to have a BV worth of around or simply under 80% towards the dollar. To qualify you have to buy approximately $250 worth of products...hmmm that's not bad I'm wondering why it is so secret?
Next refer a couple to qualify.
To begin making money you have to refer a couple (who both buy 200 BV worth of product) for your left and right business line.
Begin to make money!
You make money in line with the GBV (Group BV) and you're simply limited to 3 business lines...hold on you can include one more two business lines by doing something they call "Re-Entry". What's Re-Entry you ask? I've not a clue and frankly I'm fed up with searching to discover how you can translate Market America terms and acronyms. Once both legs of the business line generates 5000 GBV each then you receive $1500. So if BV equals approximately 80% and you need 10,000 BV to earn $1500 that means your company lines have to buy or sell approximately $12,500 price of product. And that means that you receive approximately 12% commissions. Sorry for that algebra problem.
But wait it gets better...
Addititionally there is something called IBV. I understand you will ask so here is what Market America defines IBV as "IBV (Incentive Business Volume) may be the Unit (Point) Value assigned to an IBV Product/Service to calculate IBV Commissions". Are you confused yet...yeah me too. Also, now you can make much more money by registering for an industry America charge card and using it on all of your MA purchases! WooHoo!
Just how much can I make?
The Market America presentation will highlight how easy it is to create $10,800 per week or $561,600 a year! Ok...you would like the truth right? The fact is that based off of the earnings statement for that Canadian version of the presentation only 2.07% of members make more than $80,000 and 65.75% of members make $3000 or less and 44.89% make $1000 or less each year. Tip: always view the Canadian version of a company opportunity presentation because in Canada network marketing companies must disclose the actual earnings of the members. So do you want to spend your time, money and effort the promote a program that has a typical earnings of $1000 or less for almost 1 / 2 of their members?
In Conclusion: Is Market America Scam or Legal?
Market America isn't a scam and it is legal. However, their payout structure is very confusing and the average members rate of success isn't excellent. They are doing appear to carry a number of items that will be able to entice most internet buyers. If you are going to join Market America achieve this for the products they provide not the business opportunity. Any business opportunity in which you only make $1500 commission from $12,500 in sales is not very good for me. So make an effort to to keep looking and merely shop because you wish to shop, to not make money.
