As savvy network marketers often say: “When the economy is good, a network marketing business is good, but when the economy is bad…a network marketing business is great!” And the proof is in the pudding! For example, take a look at the recent growth of online businesses today. With the emergence of web 2.0 (also known as social networking), the opportunities to network, learn, meet and invest online are endless. Over 79 million people per year review or join a home business opportunity in the network marketing industry.
What about the travel industry business? Global Resorts Network (GRN), a five year old company that offers lifetime travel memberships through a parent company that has been around for 20 years, is just now experiencing competition! Competition after leading for 5 years straight without any company with a similar compensation plan or product? In such an economy people would dare START a new venture!? Of course! And what better venture to get into than to copy one that is already successful and has experienced continued growth and profit for 5 years in a row? Some would say that is a smart move.
So Mor Vacations, who opened their doors recently in August 2008, decided to copy the compensation plan of Global Resorts Network and go for it! Now global Resorts has competition. Well, copying a successful business, product or idea is not always the best way to succeed. It isn’t just because of its lucrative compensation plan that Global Resorts Network enjoys its success. It is in a myriad of other high quality areas such as their top notch customer service, the availability of destinations and the loyalty of its members. Integrity and loyalty is hard to copy! But in all fairness, competition is always good and healthy. It just means you are doing something right!
But what about the impact of economy in travel? And is this travel business opportunity a potentially good option for making money today? Well, here is what has happened recently: Gas prices going up has affected flying, food, interest rates and also vacation resort prices! Most people are staying put (thus helping the local economy). But what if you have in your hand a “lifetime travel membership” that locks in your prices for those resorts no matter the state of the economy? See, with Global Resorts Network’s travel membership, a 7 day stay at any of their 4-5 star resorts is ALWAYS between $299 and $799 for the entire stay. The price doesn’t change. Well, yes it does change, sometimes Global Resorts’ members get specials for under $299. But that’s a “good change” in price, so we won’t count that again ts the economy!
So, yes, definitely the travel industry has suffered, maybe not as bad as some other industries, but people are now opting for businesses that offers them locked in prices for travel and from which they can benefit financially just by sharing that same opportunity for savings with others. What would you do if you had a lifetime travel membership and you knew that you could go anywhere you’d like for under $799!? I bet that would make a difference in your vacation budgeting! And furthermore, what if sharing that membership meant a $1,000 check to you? I think it is worth a second look.
By: Aymee Buckhannon
Posts Tagged ‘Successful Business’
Has the Economy Affected Vacation Travel?
April 17th, 2010Posted in Articles
Tags: Business Product Global Resorts Home Business Opportunity Industry Business Lucrative Compensation Plan Marketing Industry Myriad Network Marketers Network Marketing Business Parent Company Proof Is In The Pudding Quality Areas Smart Move Social Networking Successful Business Top Notch Travel Business Opportunity Travel Industry Travel Memberships Vacation Travel