In December 2010, Market America announced its intentions to acquire Shop.com. This marked a monumental moment in the 19-year history of the Internet retailing giant. Just under a month later, and Market America has successfully completed the transaction – and is ready to usher in the era of social shopping.
In case you missed all of the tremendous press from this acquisition, here are a few key points:
- 60% increase in site traffic to Market America since news of the announcement
- 50% increase in site traffic to Shop.com since news of the announcement
- Celebrity tweets from:
- Press on Market America Shop.com acquisition immediately following the annoncement and in the weeks that followed
Market America’s President and CEO, JR Ridinger was also interviewed by Bloomberg TV about this acquisition, hear what he had to say:
[youtube]http://www.youtube.com/watch?v=nRfKtur3aGc[/youtube]
Additional announcements on the new vision for the future of Market America will be conveyed at our upcoming 2011 ma World Conference in front of 25,000 Shop Consultants* on February 3-5, 2011 in Miami, Florida. A group of surprise celebrities will also be on hand at this event to support the Ridingers and Market America.
*Shop Consultants give a personal touch to the high tech way of shopping. Shoppers can interact online or by phone with the same person on any given day or occasion; they are real people who know how to find exactly what the customer wants and at the best prices ensuring an unmatched shopping experience.
Stay tuned for ongoing developments…