Global Domains International, GDI, online company provides online earning opportunities and has an MLM-type commission structure for affiliates. The company provides customers with a generic web domain, but also includes a video marketing system that is supposed to do the sales for you. There’s no upfront cost, and GDI even offers a seven-day free trial. However, there is an ongoing cost of $10 per month. This article will take a closer look at the claim that Global Domains International is a scam site and whether your opportunity is a scam.
The first thing to consider when evaluating any business opportunity is the reputation of the company. Do some initial research to determine what the general nature of the business is. Are success stories published on websites that are not affiliated with the company itself? Are their online review sites having something to say about the company? Scams are quite difficult to cover up, especially if the company is web-based.
People are natural conversationalists, but that doesn’t mean that everything you read about people online is true. Remember to look at the big picture and take the good and bad reviews with a grain of salt. Bottom line, use your own intuition when it comes to the final decision.
While doing your background check, be sure to check the Better Business Bureau (BBB) online. The BBB shows the complaints that have been made about any company you want to search for. A quick search reveals that there are multiple complaints against GDI and that it is not BBB accredited. This is not too alarming, however it does mean that the company needs to be investigated further.
There isn’t much up-to-date information about GDI on the BBB site. This can be good or bad news, but it does not confirm whether this company is a scam or not.
So, is it possible to determine whether or not GDI is a trustworthy opportunity or a scam?
At first glance, those who don’t know much about GDI, or those who have had bad experiences with similar companies in the past, may be quick to call GDI an outright scam. This quick judgment may be based on a misunderstanding of network 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 real pyramid scheme. What is a true pyramid scheme?
The US Securities and Exchange Commission website defines a pyramid scheme as a business in which: “Participants attempt to make money solely by recruiting new participants into the program. The hallmark of these schemes is the promise of sky-high profits in a short period of time for doing nothing but handing over your money and having others do the same. This business model is not only unsustainable, it is also illegal in many countries.
Since GDI offers products and services, even if they are intangible, I would not classify Global Domains International as a certifiable scam. On another note, the business owner (you) earns nothing unless you recruit other people to join GDI and also use the company’s products and services. So I would evaluate GDI as a possible scam business. It does not operate illegally, but it does come close to qualifying as a scam.
After thoroughly researching the business opportunity being offered, a new distributor would have to start recruiting almost immediately to start making money. It also seems as if a distributor would have to recruit thousands of people to achieve a comparable full-time income. GDI boasts that there are people making forty thousand dollars a week, and I think this may be true, but these results, like fad diet pills, are not typical.
The lure of network marketing opportunities is success stories, but realistically, most people will be lucky if they earn a meager income or only part-time equivalent.