Though the prospect of working from the convenience of your home is appealing, it’s difficult to find a genuine opportunity that’s profitable as well as feasible.
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.
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.
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.
Get someone to sponsor you to become a distributor with GDI; thereafter, earn $1 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.
Why Global Domains?
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.
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 $10 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
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.
For an online product such as this, outdated marketing techniques such as cold calling or meeting customers will not work. 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.
