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An Objective Review of the Global Resorts Network

by: AlainSchuster
Total views: 7
Word Count: 1111


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.

One of the two types of membership in the GRN is a Platinum membership which cost US$2,995.00.

A Platinum membership is a lifetime membership, fully transferable and willable to one's estate. There is also no yearly fee and the platinum member is entitled to unlimited vacations per year. The resort week costs from US$298-699 per week in 4 or 5 star resorts although in some places like Hawaii, the cost may go up to $799/week. Guest weeks are also available, allowing members to offer stays for family and friends.

The second type of membership is a Gold membership. The cost is 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:

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

- timeshare usually allows only one vacation per year; with GRN, unlimited number of vacations

- timeshare initial purchase cost is generally more than GRN membership 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.

- 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.

- an increase in the number of members entails a decrease in inventory; GRN membership has increased significantly since the membership started to be marketed and sold online.

The Affiliate Program: 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

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.

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

The Marketing System:

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 (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

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 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 spend for monthly fees and other marketing-related expenses such as advertising which can be costly.


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About the Author

For more detailed information, visit 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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