Unbiased Report on Global Resorts Network

submitted: Jul 22nd 2008 | by: AlainSchuster | Total views: 12 | Word Count: 1112 | | |

There are two (2) aspects to the Global Resorts Network (GRN): first is the product which is a discount luxury travel membership package and second is its affiliate program which features a Perpetual Leverage Compensation plan. This report covers both aspects.

Two (2) types of membership are offered. One 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 Gold membership is a 3-year membership. A member is entitled to 3 resort weeks yearly (not exceeding 21 days), and this may be consecutive and in the same resort. The cost per resort week start at US$398 in 4 or 5 star resorts. Unfortunately, guest weeks are not allowed for this type of 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.

Benefits of Membership Over Timeshare:

- timeshare requires annual maintenance fee; with GRN, no maintenance fee is required

- only 1 vacation per year usually with timeshare compared to an unlimited number of vacations with a GRN platinum membership

- GRN membership cost generally is less than timeshare's initial purchase 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

- 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 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

The reason why the Affiliate Program is so enticing is because of the Perpetual Leverage Compensation plan which works this way:

Sale # 1: 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

Sales of Your Affiliates: Every time your affiliate makes a sale, you also earn US$1000 or US$500 depending on what type of membership your affiliate sold.

For instance, you have 5 affiliates which sell 2 platinum membership per month, you earn US$10,000 monthly.

The Marketing System:

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 (operated 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

You can get started right away with these systems as all of them have back offices containing training resources, guides on where and how to advertise, etc.

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

The Verdict:

Our research shows that overall, this is an excellent product. The traveller can save a lot of money and still enjoy the luxury of a 4 or 5 star resort. However, if a member wants a specific resort or location, he/she has to be flexible as to when he/she can travel.

The membership fee can be recovered easily from the savings earned from heavily discounted rates. So even if you just become a member and avail of the travel benefits, you will eventually recover the cost you paid for your membership fee.

If you like to become an affiliate, please take note 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 focus on step by step guide. 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 change, 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 whole picture and the why 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, go to 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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