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.
GDI was started as a network marketing company where the business is promoted by customers.
Investment And Returns
You will need to put in per 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?
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 a month to get a website of their own. 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
So to effectively get back your investment of 0 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. You need to highlight the advantage of a .ws domain extension that offers clients a gateway to have their desired name for their website.
For an online product such as this, outdated marketing techniques such as cold calling or meeting customers will not work. 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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