Global Resorts Network
Global Resorts Network
What Is Global Resorts Network?
Global Resorts Network can be classed as a travel business, based from home. The product presented is membership salesand the transaction is made as a result of sales demonstrations and network marketing. The membership sales have been constant for two decades and even though at a first glance, a sole product wouldn't appear to be adequate enough to make a six-figure income, due to a well-thought out compensation plan, the business is worthy of study.
Membership through Global Resorts Network gives individuals the ability to experience getaways at worldwide resorts and timeshares at dramatically discounted costs.
What Are The Products And What Is Our Opinion Regarding Them? Global Resorts Network
Global Resorts Network is easy to comprehend. The single product that it can provide is a discount luxury travel membership. Membership can be obtained at two different levels - gold and platinum. The real membership is with Gold Crown Resort.
Gold Membership: Consists of timeshares and resort listings world wide. Affiliates are able to book week long breaks based on availability. Vacation packages cost from $299 to $799. The membership is for three years.
The fee for Gold Membership is: $1495.
Platinum Membership: Same as the Gold Membership, although this exists for a lifetime after purchase.
Cost: $2,995
For all those who like to take a trip, this would most likely be the product of a lifetime to spend money on. Not just can associates collect residual income from it, they are as well able to make personal use of the added benefits when marketing it. In contrast to a timeshare that generally permits only one reservation each year, global resorts network review makes it possible for indefinite use through the year. Not just that, but there is no annual maintenance payment, just like that which is included with a timeshare.
Global Resorts has a good thing going: however, it should be considered that the profit margin of the membership will reduce as a greater number of members join. The more members on the books, the less availability that is likely to exist for them.
There is another negative aspect to such a membership in that there are quite a few travel discount sites on the internet currently. People are realising that they have a reduced need for product packages like those that Global Resorts can provide, due to the very attractive package deals they can get at sites such as Orbitz.com or Travelocity.com.
What Is The Marketing System And What Do We Think About It? Global Resorts Network
Global Resorts Network uses 3 marketing systems, each having their own site, complete with contact information and FAQ's pages. Each of the three systems are useful in marketing the product, 2 of these implementing the usual marketing system and 1, dependent on the Reverse Funnel System (people are required to pay before they can get information).
It appeared to be the Reverse Funnel Marketing System that led to Global Resorts growth. In reality, their achievement is what motivated the launch of Carbon Copy Pro.
When you look over it in the first instance, it would seem that 3 marketing systems is the reason as to why the company possesses such potency. Reality is however, the existence of 3 systems doesn't lend strength to Global Resorts but instead, builds competition that is a harm to the business overall.
What Are The Charges?
$1495.00 - Gold Membership Fee
$2995.00 - Platinum Membership Fee
as well as
$29.95 To $300.00 - As a monthly tariff for promotion. This charge is dependent upon which particular system is opted for.
$100.00 - Global Resorts Network site fee
Additional notes: Advertising charges are not accounted for in the numbers above.
What Do We Think About The Cost? Global Resorts Network
Preliminary investment is larger than initial profit since associates can't start realising a profit until after the first sale. However, should associates are seriously considering making good use of their membership package incentives, then the initial investment may be considered to be worth it, as the incentives that come with the package are significant.
Compensation Plan
Subsequent to an associate's 1st sale, which is passed to their sponsor, commissions as a result of additional sales begin to arrive. This particular system is referred to as the Perpetual Leverage Compensation Plan. Following the preliminary 1 upped sale, every single further sale nets a $1,000 commission for both associate and their sponsor or one more person up the scale. This specific plan does make residual income a probability for associates and is actually the reason that we listed global resorts network opportunity on our Top Tier business ratings.
Our Thoughts On The Compensation Plan: Global Resorts Network
Global Resorts Network made it onto our list as a company that possesses six figure income potential, due to its use of the Perpetual Leverage Compensation Plan. This is a similar type of plan that alternative profitable home businesses are mimmicking, including LifePath Unlimited, who incidentally, has incorporated the model into their own three level product line. The fact that this particular model is being utilised by other home businesses is a fact which can not be ignored and in fact, provides support to the strength of the Global Resorts company.
We cannot give Global Resorts an all star rating, however, because there is only 1 product on offer. When a person has bought the product, there isn't an opportunity to give them additional products to purchase. This keeps the associate in a box by leaving them in a constant state of searching for new clients and is a serious restriction to the business model overall.
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