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Unbiased Report on Global Resorts Network

by: AlainSchuster
Total views: 5 | Word Count: 1099

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.

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.

Another type of membership is a Gold membership, costing 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.

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.

Benefits of Membership Over 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

Downside to 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 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 Affiliate Program: Perpetual Leverage Compensation Plan

This is what makes the affiliate program so enticing to many. This is how it 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.

So for example, you have 5 affiliates which sell 2 platinum membership per month, you earn US$10,000 monthly.

How Do You Sell Memberships:

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 (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.

Feedback from Customers:

"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 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 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.

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