July 30, 2010

Is Global Domains International A Scam?

The online company Global Domains International, GDI, provides online opportunities to earn income, and it has an MLM-type commission structure for affiliates. The company provides customers with a generic web-domain, but it also includes a video marketing system that is supposed to do the selling for you. There is no start-up cost, and GDI even offers a seven day free trial period. There is, however, an ongoing cost of $10 a month. This article is going to take a closer look at the claim that Global Domains International is a fraudulent site, and that their opportunity is a scam.

The first thing to consider when looking at a business opportunity, especially one online, is the reputation that the company has. Spending just a few hours online doing research on very as blogs and forums one can begin to get a better picture. After all, it’s difficult to hide ripoffs, scams and other shenanigans when your business is done primarily on the Internet.

Since you’re looking for information on the internet, make sure that you don’t fall prey to other scams as well! Use your good judgment about what you see online – you can’t believe everything you read.

A trustworthy source for company information is www.bbb.org. This is the Better Business Bureau online, which is a certified source. If you look up the company, you’ll note that there were only 34 complaints against it within the past 36 months. That’s less than one complaint per month, and is not unusual for a company that size.

Currently Global Domains has a rating of ‘C’ on the BBB online site. (A is best, B is good and so on) This is not a terrible rating but it is far from a good or excellent rating.

With the information gathered, how can you tell if GDI is a legitimate company?

At first glance, those who do not know much about GDI, or those who have had bad experiences with like companies in the past, may be quick to call GDI an outright scam. This quick sentencing may be based on a misunderstanding of multilevel marketing, how the industry operates, and how people can make a profit as distributors. One way to tell if GDI is a scam is to find out that they are operating a true pyramid scheme. What is a true pyramid scheme?

A pyramid scheme involves false promises in order to trick you into recruiting other people and leading them to the scheme as well. The goal of the scheme is to recruit as many people as possible, though no goods or services are delivered. In the end, neither you nor your recruits end up making very much money, and the only one profiting is the scammer.

Clearly Global Domains International has products and services although they are not tangible products and services. (web hosting and domains registrations) however, the business owner does not earn commissions if they do not recruit others to also use GDI’s products and services. So in my estimation, GDI is not a scam but may be perilously close to operating as one.

After thoroughly researching the business opportunity that is being offered, a new distributor would have to begin recruiting almost immediately in order to begin making money. It also seems as if a distributor would have to recruit thousands of others to achieve a comparable full-time income. GDI boasts that there are people making forty thousand dollars a week, and I believe this may be true, but these results, much like fad diet pills, are not typical.

The allure of network marketing opportunities are the success stories, but realistically, most people will be lucky if they earn an insignificant, or only part-time equivalent income.

This article is from expert Online MLM Secrets editor, valuable information and resources for anyone who is building an Home Business. Follow your click for a full unbiased review of GDI. There you will see 100% free access to Jonathan Budd’s 8 Day Mastermind Marketing Bootcamp.

Filed under Work at home by Cathy Yeatts

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