The Global Domains Home Business Review
Sunday, March 7th, 2010
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 International is an MLM company that sells .ws domains. Is this opportunity as good as it claims to be? Let’s get behind the scenes and find out.
Intro To GDI
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 $10 every 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
Testimonials on the GDI site praise this income opportunity as one that’s self selling and an easy way to generate thousands of dollars every month. Most affiliates claim the promotional video alone is enough to market your business. If you recruit five people and they continue the chain of recruitment, you get to earn as much as $3125 for the 5 people you’ve sponsored.
Should You Become A GDI Affiliate?
While the income figures may make your head spin, you also need to the cons involved in this business opportunity. 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. Use the reach of the internet to your advantage and promote your product online. 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.