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
In a scenario dominated by .com websites, the founders of Global Domains, Michael Reed and Alan Ezeir proposed to make a difference by selling .ws domains. Global Domains International Inc (GDI) was started in the 2000 and .ws became established as a popular domains extension in just a few months.
Established as an MLM venture, this business was promoted as a good work-from home opportunity giving customers the prospect to make money through promoting GDI WS domains.
The Income Factor
You will need to put in $10 per month for your domain which comes with a 10 page website, domain, a website builder, 10 email addresses and support.
You become an affiliate with GDI when you get someone to sponsor you. Once this is done, you can sponsor others; for each person you bring in, you get $1. You also get $1 for each person your downline brings in for up to 5 levels. Earn $100 for recruiting 5 people within a week and $5000 for bringing in 1000 paid affiliates within 4 weeks.
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.
Should You Become A GDI Affiliate?
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. Take a practical estimate of how many of your friends or relatives would be willing to spend $10 a month to get a website of their own. To a regular working professional, this product wouldn’t be of much use if it weren’t for the income opportunity. 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
So to effectively get back your investment of $120 a year and to generate sizeable income from this opportunity, you need to do much more than to just refer people you know and hope they join the business after seeing the promotional video. There’a lot you could do to promote this business to a greater audience and get them to understand the significance of a .ws domain.
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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