| The Global Resorts Network: Profile and Customer Feedbacks |
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| Written by Alain Schuster |
| Thursday, 24 July 2008 16:53 |
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This unbiased review of the Global Resorts Network, covers both the product (which is a discount luxury travel membership) and the affiliate program which offers a Perpetual Leverage Compensatipn plan. One of the two types of membership in the GRN is a Platinum membership which cost US$2,995.00. Membership Features: Lifetime membership, fully transferable and willable to one's estate, no yearly fees, unlimited vacations per year, offers guest weeks which allows members to offer stays for family and friends, resort weeks cost from US$298 - 699 per week in 5 and 4 start resorts (in rare cases, may be up to US$799 per week in Hawaii etc.) The Gold membership costs less at US$1,495. The membership cost cover 3 years, during which the member has 3 resort weeks per year that should not exceed 21 days. The weeks can be consecutive and in the same resort and the cost per resort week start at US$398 in 4 or 5 star resorts. No guest week is allowed under the gold membership. Gold Crown Resorts is actually the company where the memberships are managed. The company buys excess inventory from timeshares and resorts all around the globe. Advantages Over Time Share: - timeshare requires annual maintenance fee; with GRN, no maintenance fee is required - unlimited number of vacations per year as a GRN platinum member; with timeshare, usually only 1 vacation/year - timeshare initial purchase cost is generally more than GRN membership cost - cost per resort week is generally less than annual maintenance fees in timeshare Some Shortfalls of GRN: - a member has to be flexible when it comes to travel schedules due to fluctuations in resort vacancies; you just cannot leave for a specific resort at a specific time and date that you want; while customer service will do all they can to accomodate your preferred schedule and resort, there is no guarantee of a reservation. - a member cannot cancel his/her reservation; one of the ways GRN can provide accommodations well below the standard rates is because they receive specific non-cancellable dates when a request is made. - the available inventory decreases with the increase in the number of members; while GRN used to be sold solely through a personal presentation, it is now being sold through network marketing online and the number of members has increased since then. The Perpetual Leverage Compensation Plan The reason why the Affiliate Program is so enticing is because of the Perpetual Leverage Compensation plan which works this way: First Sale: You don't earn anything yet on your first sale as this is passed up to your sponsor or upline to activate your first level Second Sale and Onwars: You receive US$1000 on each sale (if you sold a platinum membership) or US$500 (if you sold a gold membership). Your upline receives the same amount on each one of your sales as well Affiliate Sales: Every time your affiliate makes a sale, you also earn US$1000 or US$500 depending on what type of membership your affiliate sold. Let's say, you have 5 affiliates which sell 2 platinum membership per month, you earn US$10,000 monthly. Marketing System (How Memberships Are Sold): Aside from GRN itself which has its own official website, third party marketing systems have come out recently. They all offer a marketing site/landing page, information pages, contact or list management and autoresponders although some have additional features like a virtual assistant. Some of these third party systems are: GRN System (run by Priceless Possibilities) US$29.95/ month, Ty Coughlin's Reverse Funnel System US$299.00/month, GRN Biz Builder (run by QuickLister) US$34.95/month, GRN Team Buidler (run by B.O. S. S.) US$79.95/month, Global Pro Builder US$39.95 - 69.95/month plus set up All these different systems have back offices to help you get started as soon as possible. Customer Feedback: "Global Resorts Network is also the first & only company I have ever seen were there truly is a product in place that is in demand & of real value unlike the majority of the 2 & 3 step money games with products that have no value. Meaning you can actually go out & sell this product / membership aside from the opportunity...." Source: http://www.work-at-home-forum.com/14_2845_0.html "Well, I did everything step by step and used their exact key words and phrases for advertising. I utilized everything they suggested. $15,000.00 later still no sales! ..." Source: http://www.ripoffreport.com/reports/0/318/RipOff0318260.htm "Global Resorts Network is for real...and a great deal. Where else can you get a lifetime membership for less than $3000 one time...no recurring fees, no exchange fees, no maintanance fees, and can book weeks at 4-5 star luxury condos for under $300 to $700 as many times as you want. The company that provides the condos has been doing this for 20 years very successfully. I'm a member and think it's a fantastic value...." Source: http://www.tugbbs.com/forums/showthread.php?t=40329 "I do not have a problem with Network Marketing, and I am not calling this a scam. However, I do have a problem with reverse funnel system, and Ty Coughlin's screaming loud recordings on my answering machine ..." Source: http://www.ripoffreport.com/reports/0/308/RipOff0308997.htm What Our Research Suggests: With the cost of a resort week in a 5 or 4 star resort way below standard rates, a GRN membership is a great product. However, one needs a certain flexibility as far as travel schedules are concerned due to fluctuations in resort vacancies. The membership fee can be recovered easily from the savings you earn from heavily discounted rates. So even if you just become a member and not become an affiliate, you will eventually recover the cost you paid for your membership fee. If you like to do the business side of GRN, that is, sell memberships as an affiliate, remember that while there are third party marketing systems to help you, you still need to acquire long-term skills on affiliate marketing. Most of these systems give you step by step guide, but to acquire long-term skills is not to have you follow instructions like a robot. The world of internet marketing is always in a state of flux, trends emerge and disappear and if you haven't acquired long-term skills, your ability to make money online is only temporary or close to zero. You need to understand, acquire skills and practically implement techniques and at the same time see the overall picture and the significance of all the actions you are taking. The GRN affiliate program is not a get-rich-quick scheme. You have to be prepared to learn, spend for monthly fees and other marketing-related expenses such as advertising which can be costly. About the Author: To know more about the Global Resorts Network, visit the Global Resorts Network website . We enjoy doing the research and reporting to you! Here are more free travel reports and tips for you. Kindly provided by MoneyHunter.org You are welcome to use this article on your own website, if you include the link just before this text. |