Global Resorts Network fataly wounded by the New MOR Vacations.
Sep 11th, 2008 | By Craig Pond | Category: HomeHuge results are being seen with the newest travel club to hit the market place, fataly wounding the major player in the field, Global Resorts Network. Being still in pre launch major players are predicting MOR Vacations to make a tidal wave flooding impact on the world wide web. The 23 year old parent company boasts over 100,000 active members and growing rapidly.
For the past two years Global Resorts Network, has dominated the Travel Club industry. There are the others of coarse, YTB and Coastal Vacations, both companies had major limitations when compared to GRN.
The world of the internet has a short life, with 6 months to one year being like a lifetime. Global Resorts Network has now been in the market for the past two years and many representatives are feeling the pinch, complaining they are not making the sales they used to in the good old days of the beginning.
In-house financing was the announcement MOR Vacations made, requiring only a small down payment and easy financing terms available to anyone with at least a 450 credit score. MOR Vacations also announced they will give a $3100 trade in on any current travel membership. Many Global Resorts Network representatives seeing this as the new opportunity, they made the move, resulting in a huge movement from GRN to the exploding MOR Vacations. The market is shocked and stunned by such a huge switchover, with MOR Vacations showing just how much they are impacting this market in just 3 weeks.
Being committed to providing value to the consumer MOR Vacations introduced outstanding value packaged Hot Weeks starting at $149 and $199. This is half the current rate of GRN’s $298 lowest price.
GRN and MOR Vacations are similar. The differences that do exist favor MOR Vacations. Both offer lifetime memberships that are fully transferable and comparable in price at roughly $3000. Both offer an extensive list 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.
The largest differences are in the availability of financing offered by MOR Vacations and the fact that MOR Vacations has provided a $3100 trade in on any current travel membership. MOR Vacations, as previously noted, start at less than half those of GRN, but they also appeal to members looking to travel at high end diamond level resorts not available at any price in Global Resorts Network. Many other differences exist as well and they all favor MOR Vacations.
So out of the two which one is right for you, the products offered by both companies are great and so are the compensation plans, but when put under the microscope MOR Vacations out classes GRN. If you are diligent in your research you will see that what I am saying is true.
Click here www.morwithcraig.com