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January 05, 2019

How Richard Liu Qiangdong Gained His Reputation As A Business Mogul

Fueled by his ambitious disposition, Richard Liu Qiangdong embarked on numerous ventures following his college career. Liu Qiandong attended the illustrious Renmin University of China, subsequently graduating with a degree in sociology. During this juncture, Richard Liu Qiandong developed a vast skill set ranging from freelance coding to computer programming. Liu Qiangdong’s ability to digest the seemingly inscrutable dynamics of computer science enabled him to thrive in a digital capacity. While getting his foot in the door, Richard Liu Qiangdong took a job at JapanLife. This corporation promised ample opportunity, and Richard Liu Qiangdong quickly graduated to executive positions.

Two short years later, Richard Liu Qiangdong acted on his urge to pursue entrepreneurial endeavors. Before too long, Liu Qiangdong founded Jingdong, a Beijing-based shop offering magneto-optical products. Liu dedicated much of his time to fostering the growth of Jingdong, eventually expanding to 12 stores throughout China. Cut to 2003, and the SARS outbreak rendered Liu Qiangdong’s enterprise unprofitable. With no patrons or staff in his shop, Liu Qiangdong was forced to rework his business model. As a result, JD.com born. This e-commerce platform proved a suitable alternative, and Liu was even inspired to introduce electronics into his robust line of merchandise.

With JD.com steadily evolving, Richard Liu Qiangdong felt assured enough to cease the Jingdong business. Regarding recent developments, WeChat, a renowned Chinese multimedia software, acquired 15 percent of JD.com for a whopping $215 million. Liu Qiangdong agreed to the deal under one exception: WeChat regularly promote JD.com via their social networks. Given the billions of hits WeChat amasses a month, this was undoubtedly a sage business move on Liu’s part. These days, JD.com works in partnership with Farfetch, an online retail platform. In essence, the two enterprises combine forces to expand their influence throughout the Chinese market.

May 03, 2018

Market America Wants To Change The Way Consumers Find The Items That They Need:

Market America is a company that has become synonymous with their slogan UnFranchised that is used to refer to the company’s independent operators. Since 1993, Market America has worked diligently to help creative and driven entrepreneurs realize their business ownership goals. The company achieves this goal through its internet marketing and product distribution model. The company states that its mission revolves around giving entrepreneurs the ability to build a great income while changing the shopping game forever.

The organization has its corporate headquarters in Greensboro, North Carolina but it operates globally across numerous countries. Market America currently has international business going on in places ranging from the U.K. to Hong Kong. The company states that it employs over 800 individuals. Market has found huge success over the years with its model that relies on one on one interaction. This interaction creates a social type of shopping experience that has altered the way that many consumers shop for the items that they need. The company is in many ways a reflection of its charismatic Chief Executive Officer and President JR Ridinger. JR is known for being a highly engaging individual who has an ability to make people feel comfortable immediately upon meeting him. JR exudes a clear belief in himself and has always had a way of inspiring others to feel the same way about themselves. This kind of attitude is really what has driven the massive success of Market America over its many years in business.

Market America’s Executive Vice President Dennis Franks and Vice President of Sales Jim Winkler recently talked about the fact that themes are an excellent tool to explains what Market America does to remain so successful. There are numerous themes that can be clearly associated with Market’s UnFranchise business model. The company’s UnFranchise independent operators are encouraged by the company to talk to potential customers in terms of themes rather than focusing on strictly trying to follow a script. The company also emphasizes to its distributors that often times, you learn the most from your customers by simply asking questions.

https://blog.unfranchise.com/blog/market-america-brands-best-sellers

https://www.glassdoor.com/Overview/Working-at-Market-America-EI_IE27063.11,25.htm