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Global Resorts Network Members are ?JUMPING SHIP?!!! Come See Why.. - Network Marketing - Zimbio
Global Resorts Network Members are “JUMPING SHIP”!!! Come See Why..
MOR Vacations, the newest travel club to hit the market has quickly surpassed even the long time king of the mountain, Global Resorts Network. Though MOR Vacations is a mere two weeks old in the market place, it’s parent membership company is a 23 year old industry veteran with more than 100,000 active members.
For the past two years Global Resorts Network has remained virtually competition free. Yes, YTB and Coastal Vacations have always competed against GRN, but they really do not stack up and have only appealed to those who could not afford the sticker price of Global Resorts and were willing to accept the hassles of dealing with coupons and vouchers.
In today’s tough economic times, a $3000 luxury travel club purchase is not as easy of a sell as it used to be. Several of the top affiliates in Global Resorts had been pleading the company for in-house financing for several months. GRN’s refusal to offer financing drove many sales away from it’s sales force and drove many customers to experiment with more affordable alternatives such as YTB or Coastal Vacations.
Network Marketing companies seem to have a two year window of opportunity and that cycle seems to be repeating itself with Global Resorts Network as MOR Vacations (BTW, the M.O.R. stands for Members Only Resorts) is now poised to upstage it. But how has MOR Vacations managed to come online and so quickly compete against Global Resorts Network?
It’s all about the economy. You see, Jon King, President and Founder of MOR Vacations recognized that while Global Resorts was a tremendous product with a tremendous pay plan, it had chosen for a long time to leave the door open to competition by ignoring some key markets. The biggest of which was the average buyer who wanted an easier price entry point than the $3000 the top package of Global Resorts offered.
Fast forward two years and in steps MOR Vacations. The first thing that MOR Vacations announces is that they will offer in-house financing requiring only a small down payment and easy financing terms open to anyone with at least a 450 credit score. This was the dagger in the heart to Global Resorts and affiliates began a mass exodus from GRN to the fledgling MOR Vacations. Such a large scale switchover has stunned the market, showing just how in tune MOR Vacations President Jon King is with the average consumer.
But financing and trade-in programs were only the beginning of the changes that MOR Vacations introduced. They priced their “Hot Weeks” at half of those of Global Resorts - starting at just $149. But, even more importantly, they focused their inventory such that the majority of those Hot Weeks would be available in the U.S. so that it’s members would not have to purchase last minute international airfare just to take advantage of a discount travel week. They also introduced high end diamond level resorts into their inventory - something that Global Resorts does not offer.
GRN and MOR Vacations are much more similar than different. That being said, all of the differences that do exist favor MOR Vacations. Both offer lifetime memberships that are transferable and comparable in price at roughly $3000. Both offer an extensive library of resorts - approximately 5,000 for GRN and 5,400 for MOR Vacations. They both offer Guest Weeks, though Global Resorts members are limited to only three Guest Weeks in comparison to unlimited Guest Weeks for MOR Vacations members.
There are other differences between the companies. MOR Vacations offers a more affordable starter package (only $1298 as opposed to $1500 for GRN) with a longer term (5 years as opposed to 3 years for GRN). MOR Vacations also has about 20% more resorts in its registry and its weeks range from half of the cost of GRN’s up to Diamond level accommodations - something GRN does not offer.
Is there a clear winner? Well they both have large membership companies with more than 22 years of service - you really can’t go wrong with either company. But today the question remains why would you choose Global Resorts when feature by feature they are either matched or surpassed by MOR Vacations?
MOR Vacations, the newest travel club to hit the market has quickly surpassed even the long time king of the mountain, Global Resorts Network. Though MOR Vacations is a mere two weeks old in the market place, it’s parent membership company is a 23 year old industry veteran with more than 100,000 active members.
For the past two years Global Resorts Network has remained virtually competition free. Yes, YTB and Coastal Vacations have always competed against GRN, but they really do not stack up and have only appealed to those who could not afford the sticker price of Global Resorts and were willing to accept the hassles of dealing with coupons and vouchers.
In today’s tough economic times, a $3000 luxury travel club purchase is not as easy of a sell as it used to be. Several of the top affiliates in Global Resorts had been pleading the company for in-house financing for several months. GRN’s refusal to offer financing drove many sales away from it’s sales force and drove many customers to experiment with more affordable alternatives such as YTB or Coastal Vacations.
Network Marketing companies seem to have a two year window of opportunity and that cycle seems to be repeating itself with Global Resorts Network as MOR Vacations (BTW, the M.O.R. stands for Members Only Resorts) is now poised to upstage it. But how has MOR Vacations managed to come online and so quickly compete against Global Resorts Network?
It’s all about the economy. You see, Jon King, President and Founder of MOR Vacations recognized that while Global Resorts was a tremendous product with a tremendous pay plan, it had chosen for a long time to leave the door open to competition by ignoring some key markets. The biggest of which was the average buyer who wanted an easier price entry point than the $3000 the top package of Global Resorts offered.
Fast forward two years and in steps MOR Vacations. The first thing that MOR Vacations announces is that they will offer in-house financing requiring only a small down payment and easy financing terms open to anyone with at least a 450 credit score. This was the dagger in the heart to Global Resorts and affiliates began a mass exodus from GRN to the fledgling MOR Vacations. Such a large scale switchover has stunned the market, showing just how in tune MOR Vacations President Jon King is with the average consumer.
But financing and trade-in programs were only the beginning of the changes that MOR Vacations introduced. They priced their “Hot Weeks” at half of those of Global Resorts - starting at just $149. But, even more importantly, they focused their inventory such that the majority of those Hot Weeks would be available in the U.S. so that it’s members would not have to purchase last minute international airfare just to take advantage of a discount travel week. They also introduced high end diamond level resorts into their inventory - something that Global Resorts does not offer.
GRN and MOR Vacations are much more similar than different. That being said, all of the differences that do exist favor MOR Vacations. Both offer lifetime memberships that are transferable and comparable in price at roughly $3000. Both offer an extensive library of resorts - approximately 5,000 for GRN and 5,400 for MOR Vacations. They both offer Guest Weeks, though Global Resorts members are limited to only three Guest Weeks in comparison to unlimited Guest Weeks for MOR Vacations members.
There are other differences between the companies. MOR Vacations offers a more affordable starter package (only $1298 as opposed to $1500 for GRN) with a longer term (5 years as opposed to 3 years for GRN). MOR Vacations also has about 20% more resorts in its registry and its weeks range from half of the cost of GRN’s up to Diamond level accommodations - something GRN does not offer.
Is there a clear winner? Well they both have large membership companies with more than 22 years of service - you really can’t go wrong with either company. But today the question remains why would you choose Global Resorts when feature by feature they are either matched or surpassed by MOR Vacations?