Global Resorts Network Launches---Scam Or Real Deal?
Home based travel business Global Resorts Network announced the company’s official launch March 1, 2007. Will the new startup home based business called Global Resorts Network sink or swim? The jury is still out.
The official launch date for Global Resorts Network had been delayed from February to March and speculation about their current health is building. Pre-launch activities that included the selling of product began in December. The announcement of the official launch coincided with price cuts to help stimulate sales. Most companies do not lower prices if products are selling well.
The overall chances for the success of Global Resorts Network are not in their favor. About 85% of all new business ventures fail to survive their first 2 years.
Global Resorts Network has a track record that goes back a little over 2 months if you count their pre-launch period, An official Global Resorts Network website that explains their “perpetual leverage” pay plan still said Global Resorts was in pre-launch even after the launch announcement was made on a conference call.
The product offered by Global Resorts Network has sold in the marketplace for about 20 years. Global Resorts Network, however is a brand new startup that has contracted with the supplier company to offer their product through network marketing.
Global Resorts Network has had a difficult time as they have tried to erode the massive market share enjoyed by the Coastal Vacations home based travel business. Unlike Global Resorts Network, Coastal Vacations has stood the test of time---over 12 years as a top rated home based business. The Coastal Vacations product has sold in the marketplace for over 25 years.
Since Global Resort Network’s pre-launch started, Coastal Vacations sales have increased. The largest, fastest growing and most successful group in the Coastal Vacations program reported record sales in January and again in February. Coastal Vacations Sales Center manager Hoyt Farmer reports that sales revenue in February was three times what it was just a year ago.
Coastal Vacations Sales Center conference call host Dean Marino reports that while the sales numbers have tripled, those numbers are being compared to a time last year when the Sales Center had already become the top Coastal Vacations group.
Marino reports that the product sold by Global Resorts Network looks good. He explained; “Their core product allows members to book timeshare condominium units at discounted rates on the internet. The ability to book deeply discounted luxury condominium units right on the internet is one of the most popular components of the least expensive lifetime Coastal Vacations membership package.”
In addition to his conference call duties, Marino also coordinates training for the largest Coastal Vacations group. He has explained to members on his group training calls that one of the biggest problems Global Resorts Network will face as they attempt to compete, is that most people are afraid of the multi-level pay plan adopted by Global Resorts Network.
Coastal Vacations offers a direct sales pay plan and members of their top group with the Sales Center can begin to earn full commissions on their very first sale.
Marino hears from prospects on his group’s conference calls that would simply be ashamed to admit to their friends and family that they were involved with a multi-level marketing scheme.
Coastal Vacations offers a 12-year-old top rated home based business. The Coastal Vacations Sales Center has offered a dynamic way for their members to generate income without any personal sales. Their maximum support system and full time staff has helped the Coastal Vacations program more than double their membership since the Sales Center pioneered their unique marketing plan over 2 years ago.
The jury is still out on the Global Resorts Network startup. Many consider the Global Resorts Network business a gamble, at best. Survival statistics for new startups like Global Resorts Network are dismal, at best. As they announced their official launch, Global Resorts Network has not yet survived the test of a dozen weeks.
Marino considers the Global Resorts Network Business a big gamble. He notes that there are enough gamblers in the world to build places like Las Vegas, Monte Carlo, and Atlantic City. However, as Frank Sinatra once said; “ They don’t build those big palaces and buy those fancy chandeliers by breaking even.”
Many more loose than win in the gambling game. Marino confidently expects the aggressive growth at Coastal Vacations to continue. As he put it; “There are simply many more God-fearing family people out there looking to earn a living from home with a legitimate business than there are high rolling gamblers looking to roll the dice.”
Marino has compiled a report that explains how ordinary individuals can earn a great living from home by leveraging time and money with Coastal Vacations. The report is offered free of charge to visitors just for the asking at www.coastalpassiveincome.com .
- Contact Information
- Dean Marino
- General Manager
- Silver Enterprises Travel
- Contact via E-mail
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