An Objective Review of the Global Resorts Network
Jul 20th, 2008 | By Felicitas Tan | Category: Travel & LeisureThere 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.
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.)
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.
The memberships are actually with Gold Crown Resort which purchases excess inventory from timeshares and resorts around the world
Advantages Over Time Share:
- there is no maintenance fee under a GRN membership; with timeshare, there is an annual maintenance fee
- only 1 vacation per year usually with timeshare compared to an unlimited number of vacations with a GRN platinum membership
- the cost of a GRN membership is generally lesser than timeshare’s initial purchase cost
- cost per resort week is generally less than annual maintenance fees in timeshare
Downside to GRN:
- there is no guarantee that one’s preferred vacation schedule and resort can always be accomodated due to fluctuations in resort vacancies; therefore, one has to be flexible as far as travel schedules are concerned.
- 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 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 Affiliate Program: Perpetual Leverage Compensation Plan
This is what makes the affiliate program so enticing to many. This is how it works:
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
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:
While the Global Resort Network has its own website, there are other marketing systems offered by third parties. Although they vary in cost, all of them offers a marketing site/landing page, information pages, contact or list management and autoresponders. Some also offers additional features like a virtual assistant. Among them 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
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.
What Customers Say:
“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:
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 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 sell memberships as an affiliate, please 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 focus on practical implementation and 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.