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Unbiased Report on Global Resorts Network

Jul 11, 2008
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.

There are 2 types of membership under the GRN, the first of which is a Platinum membership. The cost is 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.

Membership Features: 3-year membership, 3 resort weeks per year and not exceeding 21 days, maybe consecutive and in same resort, no guest weeks allowed, resort weeks cost start at US$398 in 5 and 4 star resorts

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:

- there is no maintenance fee under a GRN membership; with timeshare, there is an annual maintenance fee

- unlimited number of vacations per year as a GRN platinum member; with timeshare, usually only 1 vacation/year

- GRN membership cost generally is less than timeshare's initial purchase cost

- cost per resort week is generally less than annual maintenance fees in timeshare

Some Shortfalls of GRN:

- a certain amount of flexibility in travel schedule and in the choice of resort are called for with a GRN membership due to fluctuations in resort vacancies; hence, a member cannot always leave for the resort of his/her choice at a date/time he/she wishes to go because the resort he/she wants to go may already be fully booked at the time he/she wants to vacation

- 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 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:

Many people are joining its affiliate program because of the compensation plan. In brief, this is how the plan 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.

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:

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 (operated 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:

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 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 enjoy doing the research and reporting to you! Here are more free travel reports and tips for you.
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