Market America | SHOP.COM has received the Triad Business Journal’s 2019 “Fast 50” Award, placing the company among the elite of the 50 fastest-growing firms in the Piedmont Triad area of North Carolina. This is the 21st year the Triad Business Journal has recognized locally headquartered companies for the rapid, sustained growth that contributes so significantly to the region’s economy, and it’s the 14th year that Market America | SHOP.COM has received this prestigious award.
The publication specifically calls out the Shopping Annuity® as a distinct catalyst for the rapid growth of Market America. The signature initiative empowers UnFranchise® Owners, the company’s independent entrepreneurs, to transform their everyday habits into smart investments in their future by converting spending into earning on products they already buy. This, when combined with other amazing programs like the SHOP.COM Cashback program — which has paid almost $45 million in Cashback to shoppers to date — creates a unique incentive for consumers to shop smarter, driving growth to the company and by extension the Triad.
To be eligible for the “Fast 50” award, a company must be privately held, for-profit, and have its U.S. headquarters based in the Triad. It must also have completed three fiscal years. The award considers a company’s contribution to the region’s economic growth, so “Fast 50” recipients employ heavily within the area. Market America | SHOP.COM is proud to employ close to 1,000 talented individuals in its global headquarters. That’s a significant percentage of the number of people collectively employed by the rest of the “Fast 50” honorees; last year’s “Fast 50” class employed roughly 5,500 people as a whole.
Beyond the sheer number of North Carolinians that Market America employs, the company has consistently generated huge amounts of revenue for the area, year after year. This includes through its annual Market America | SHOP.COM International Convention, held each year in the Greensboro Coliseum. The convention hosts thousands of passionate entrepreneurs from around the world (and a bevy of celebrities and personal friends of company founders and top executives JR and Loren Ridinger, like Jamie Foxx, Alisha Keys and Fat Joe) and consistently fills at least 80% of the area’s hotel accommodations, or approximately 9,000 rooms! Since 1996, the Market America | SHOP.COM International Convention has brought more than $400 million in revenue to the Triad.
As Market America continues to grow in size, scope, and revenue — and continues to garner accolades for its unstoppable trajectory — the company will continue its commitment to sharing its good fortune with the community it calls home.
Market America is a global product brokerage and internet marketing company that specializes in One-to-One Marketing.