The Global Resorts Network: Profile and Customer Feedbacks
submitted: Jul 14th 2008 |
by: AlainSchuster |
Total views: 17 |
Word Count: 1142 |
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The Global Resorts Network offers a discount luxury travel membership as well as an affiliate program for those who want to sell membership to other people. This article provides an unbiased review of both the product (which is the membership package) and its affiliate program.
There are 2 types of membership under the GRN, the first of which is a Platinum membership. The cost is US$2,995.00.
If one is a platinum member, he/she is entitled to unlimited vacations per year. His/her membership is lifetime, fully transferable and willable to his/her estate. Resort weeks cost from US$298-699/week in 5 or 4 star resorts (or in a few cases, up to US$799/week in Hawaii, etc.). A member can also offer friends and family guest weeks and they can avail of the same discounts as members do in these resorts.
The second type of membership is a Gold membership. The cost is US$ 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.
It is actually Gold Crown Resorts which handles the membership. What the company does is purchase excess inventory from timeshares and resorts all over the world.
Why Memberships Are Better Than Timeshare:
- GRN member doesn't pay a maintenance fee while timeshare requires an annual maintenance fee
- only 1 vacation per year usually with timeshare compared to an unlimited number of vacations with a GRN platinum membership
- 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 certain amount of flexibility in travel schedule and in the choice of resort are called for with a GRN membership due to fluctuations in resort vacancies; hence, a member cannot always leave for the resort of his/her choice at a date/time he/she wishes to go because the resort he/she wants to go may already be fully booked at the time he/she wants to vacation
- reservations cannot be cancelled because GRN is able to give its members very low rates is because when it makes a reservation request, it receives specific non-cancellable dates.
- the size of the inventory decreases with the increase in number of members; before, memberships were sold directly to customers through a personal sales presentation; but since the membership started to be sold online via network marketing, membership has increased and therefore, the available inventory decreased.
The Perpetual Leverage Compensation Plan
Many people are joining its affiliate program because of the compensation plan. In brief, this is how the plan works:
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
2nd Sale and thereafter: 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.
How Do You Sell Memberships:
The GRN has its own official website but there are various third party systems which provide the necessary tools to market the product. Each offers a marketing site/landing page, information pages, contact or list management and autoresponders. They vary in cost and some have additional features. Among them 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
Here's Our Verdict:
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 investment in membership can be recovered easily from the savings earned from heavily discounted rates. If you decide just to become a member and avail of travel benefits and not sell memberships, 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 does not guarantee to make you rich overnight. You have to be prepared to devote a considerable amount of time to it, spend for monthly fees and other marketing-related expenses such as advertising which can be costly.
About the Author
For more detailed information about GRN, 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.
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