What Kind Of Business Opportunity ls Global Domains lnternational?

Posted on 16. Nov, 2009 by admin in MLM Reviews

General information:

To be honest, I was a member of the Global Domains business opportunity some years ago, but instead of sharing my views, I thought I would take an objective approach and share with you what I found based on research I conducted on the internet.

First, Global Domains international is a member of DSA and although it may seem like it, GDI is not an overnight success. It has been in business since 1982 and has been ranked 37th in Inc. Magazine as one of the fastest growing companies.

Michael Reed (CEO) and Alan Ezeir (President) are the two founders of Global Domains international.

Global Domains international Product:

The company promotes the “.WS” domain name extension globally. What is “.WS”? lt is a top level domain extension similar to “.COM”. When the internet was starting to develop, each country was assigned a domain name; such as, United States is “.US” and United Kingdom is “.UK”. The domain “.WS” is assigned to the Nation of Samoa. In fact, the Nation of Samoa receives a percentage of all the profits that GDI generates.

When Global Domains sells a domain name, it includes the web hosting URL forwarding, 10 email accounts, and a web site builder. Basically, one starts with a domain registration with a 7 day FREE trial. After this, you will be charged $10 per month.

Global Domains Income Opportunity:

You can earn from 5 levels and you can build as wide as you want. You are paid $’1.00 a month per person, which doesn’t sound like much at first. But say you signed up five people into your organization. That is $5.00 per month. lf each of them do the same, that is $25.00 per month, and if this continues through 5 levels, that is $3,125.00 a month.

Global Domains Bonuses:

They do offer a 7 day contest period whereby if you or someone else refers 5 paid affiliates, you get a bonus of $100.00. This is unlimited so you can get as many people as you want. The more you get, the more money you can make.

There is a Heavy Hitter Bonus that is paid out to any affiliate with 1000 or more members in any 4 week consecutive period. The bonus is $5,000.

GDI Training:

Based on what I have read, the marketing methods taught or that many use is chasing your family and friends and handing out DVD’s. This method, for most people simply does not work, lt also doesn’t do anything regarding addressing the high attrition rate. Most people new to a business opportunity cannot sell and without proper training, if you can’t sell, you are probably not going to make any money. To address this issue, one would need to seek other resources to get the
proper network marketing training

Conclusion:

It appears that GDI is a good company. I have heard that it is not easy to become a member of DSA. Is this a good opportunity to join? That depends on you. Most businesses require work and if you don’t mind working and learning new skills, which is a requirement of all entrepreneurs, then joining GDI might be fine. But, there is one missing element to this and it is the most important one, training.

To succeed in any business is going to require proper training. Since Global Domains International does not provide this, you will need to seek your marketing training elsewhere. There is an online marketing system that can train you on how to use the internet to market your business. You will be learning new skills here, so the other element you must factor in is your willingness to stick with it and make it work. Learning something new is always a struggle at first, but if you ever want to succeed in business, you must first get the tools and skill-sets in place.

One additional advantage to using a marketing system is that it also provides a sales funnel that will allow you to earn an income from multiple streams while you are learning how to grow your business. This means not having to stay broke while you are going through your learning curve. Once you have the marketing skills in place, it won’t be long before you will be generating a full-time income from Global Domains business.

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