The Global Resorts Network: Profile and Customer Feedbacks
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by: AlainSchuster
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One of the two types of membership in the GRN 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$799/week in Hawaii, etc.). A member can also offer friends and family guest weeks and they can avail of the same discounts as members do in these resorts.
The second type of membership is a Gold membership. The cost is US$ 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.
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
- the cost of a GRN membership is generally lesser than timeshare's initial purchase cost
- between the annual maintenance fee in timeshare and the cost per resort week in a GRN membership, the latter is generally lesser
Some Shortfalls of 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.
- reservations are non-cancellable because one of the ways by which GRN can get a very low rate is because they get specific non-cancellable dates when a request is made.
- 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 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:
Ist 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
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.
Let's say, you have 5 affiliates which sell 2 platinum membership per month, you earn US$10,000 monthly.
Marketing System (How Memberships Are Sold):
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
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.
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
What Our Research Suggests:
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 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 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 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 love doing the research and reporting to you! Here are more free travel reports and tips for you.
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