Global Resorts Network Compensation Plan, and Why You Want To Take Bank Checks

By reading through the rest of this site, you probably already know that the Global Resorts Network Compensation Plan is bar-none the best home based business comp plan out there.

But with any great things, there comes not so great things.  Namely, credit card fees.  To keep this post as brief as possible, let me quickly describe credit card sales if you’re not familiar with them.

Whenever you walk in to a store and purchase something with your Visa/MC/whatever… the credit card company charges the merchant a flat fee (maybe only $0.25) PLUS another percentage (anywhere between 1-3%).  This cuts into the merchant’s profits…

Now, if you’re the consumer, you could care less.  YOU pay the same, and you get the same product or service REGARDLESS if you pay by cash, check, money order, or credit card.

But when you’re the merchant, you don’t want to pay those extra fees.  And when you’re talking about a few thousand for an exclusive travel membership, that can add up quick!  And the real issue is this: the percentages go WAY higher on travel products, home based business products, gambling sites, and alot more…  Why?  Because the credit card companies believe these industries get more chargebacks.

How do we avoid all of this?

I suggest asking for checks from your customers for their GRN memberships.  If they prefer to pay from a credit card or debit card, that’s fine - just ask them if they could send it to you via Paypal or a similar service.  Instead of the credit card companies getting a big chunk of your commission (and your sponsor’s commission too!!!) think of these alternatives first.

This way you can take full advantage of the Global Resorts Network Compensation Plan, reap ALL of the profits you should be, and also keep it convenient for your customers.