The Global Domains Business Review
Written by ama on February 7th, 2010 in Get Paid To, Money Exchange, Money Investing, Money Making, Money Survey, Money Transfer, Money Tutorial, Quick Money, Uncategorized.
Working from home is a tempting proposal. You’ve probably come across many opportunities to work from home with minimum investment and the chance to generate unbelievable sums of money; the problem here is we don’t know which opportunity’s legitimate.
Global Domains is a network marketing company that sells .ws domains and gives customers the facility to build residual income through their supposedly self-selling video marketing system. Is this opportunity as good as it claims to be? Let’s get behind the scenes and find out.
About The Business
When .com domains monopolized the market, Michael Reed and Alan Ezeir came out with an idea to introduce .ws domains that would be identified with the term website, as well as provide an avenue to own a domain name chosen by customers that wouldn’t be otherwise available in the .com business. Accordingly, Global Domains was launched in 2000 and .ws became a favourite of many in a matter of months.
GDI was started as a network marketing company where the business is promoted by customers.
The Income Factor
Your investment in this business would be every month. for your domain which comes with a 10 page website, domain, a website builder, 10 email addresses and support.
Get someone to sponsor you to become a distributor with GDI; thereafter, earn for each person you sponsor AND for each person they sponsor for up to five levels. You could generate really good income if you’re able to bring in at least 5 people every week.
The GDI Advantage
It’s easy to get drawn to this business opportunity when you read the testimonials and see videos of people who’ve made big money in this venture. Reps assert that they’re able to sell the product to customers by just displaying the marketing video.
Is This GDI Business Worth Taking Up?
Granted, the income figures seem amazing for an opportunity to work from the convenience of your home; but this business has its own drawbacks too. How many people do you know who’d be willing to spend 0 a year to get their own website; that too when they could get a site at a cheaper rate or even for free.? Only the income opportunity makes this product good to buy. But don’t be discouraged; there are millions of people who want a site with a domain of their choice. To those, GDI WS is indeed a good product.
Marketing GDI
If your goal from this business is to earn much more than just your investment, it’s not enough if you follow the training procedure strictly and bring in 5 people hoping they’ll recruit others. You need to highlight the advantage of a .ws domain extension that offers clients a gateway to have their desired name for their website.
Don’t even think of the old network marketing techniques of calling people over the phone or inviting them to demo parties. Be proactive and promote your product online using effective internet marketing tools. Even while marketing online, avoid flashy, exaggerated advertising that make your product seem like a scam. Instead, reach out to target audience in a way that would make them take notice and approach you with inquiries. This is the kind of business that would flourish when marketed well.
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