Review Of The Global Domains International Opportunity
General information:
I was a member of 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 conducted on the internet.
First, Global Domains International (GDI) 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”? It is a top rank domain extension similar to “.COM”. When the internet started to develop, each country was given 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 portion of all the profits that GDI creates.
When Global Domains sells a domain name, it includes the web hosting URL forwarding, 10 email accounts, and a web site builder. Ultimately, one starts with a domain registration with a 7 day FREE trial. After the 7 day trial period, 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 compensated $1.00 a month per person, which doesn’t sound like much at first. But say you signed-up five people into your business. That is $5.00 per month. If 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:
GDI 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 limitless 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 techniques taught or that many use is chasing your family and friends and handing out DVD’s. This method, for most individuals simply does not work, lt also doesn’t do anything to address the high attrition rate. Most people new to a business opportunity cannot sell and without proper instruction, if you can’t sell, you are probably not going to make any money. To address this issue, one would need to seek other training sources to get the proper network marketing training
In Closing:
It appears that GDI is a worthy company. I have heard that it is difficult to become a member of DSA. Is this a good business 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 absent element to this and it is the most important one, training.
To succeed in any business is going to necessitate proper training. Since Global Domains International does not provide this, you will need to obtain your marketing training somewhere else. There is an online marketing system that can train you on how to use the internet to promote your business. You will be learning new skills here, so the other element you must factor in is your motivation to stick with it and make it work. Learning something new is always a struggle at first, but if you ever want to success in your 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 permit you to earn an income from multiple streams while you are learning how to market. This means not having to stay broke while you are going through your learning curve. Once you have the skills in place, you will be generating a full-time income from your Global Domains business.
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