I keep seeing these ads for this “Reverse Funnel System” and how it can make you $5,000-10,000 a week. So I decided to take a look and see what it was all about.
The first thing you are required to do is pay a $50 application fee just to see if you are a good fit for the program. Seems pretty sketchy but I decided to give it a go. Low and behold, I was approved and accepted into the program (I would question if they have ever actually denied someone).
So I login to check out what it is all about only to find out that I now need pay $3,000 to join!! Yep…3 grand. It turns out this whole thing is a front to get you to join into Global Resorts Network. Global Resorts Network is a Multi-Level Marketing company that gets you discounted vacations usually in time share resorts where people are renting out their time shares.
Boy was I disappointed. I can see how Ty Coughlin (the owner of the site) is making so much money with his program because he gets a $1,000 cut on your membership fee into GRN. What I do not understand is why you have to pay $50 just to be told you need to pay another $3,000? Do a search online for “Global Resorts Network” and you will find plenty of GNR reps who would be more than happy to have you join under them without paying a $50 fee.
I can’t give a solid review on the GNR program because I do not really know a whole lot about it other than they claim you can get vacations for $298 and up. They have no phone number on their site and www.reversefunnelsystem.com doesn’t have a phone or email contact. I had several questions about the program but none of my emails to Ty Coughlin were ever answered.
In the end I just requested a refund on my $50 “application fee” and they said they would process the refund. I contacted them by calling the number on my credit card statement since I could find no contact info on their site…which is usually a sign someone is trying to hide something.
I would not recommend this program to anyone unless you want to get into selling $3,000 vacation memberships, and if you did I would just go through someone who doesn’t charge you a $50 fee, which since he is making $1,000 for every membership he sells seems very, very strange to me.
August 26th, 2008 at 10:47 pm
My experience is exactly like yours. The only thing I don’t have is the phone number to request a refund of the $50. Can you share that number please? Thanks very much for the information.
September 1st, 2008 at 2:55 am
I do not still have the phone number but if you paid by credit card it will show up next to the charge on your statement.
September 18th, 2008 at 4:36 pm
Hi! I had the same thought. When i was researching home based opptys. I was so IRRITATED with the copious pages I had to go through and pay to go thru to access the info. which turn out to be GRN. But what i found was NOT all GRN teams market this way. RFS is NOT a part of GRN. There are more professional teams and I have joined one. I came from the corp. world and didn’t feel RFS fit my consultative marketing style. Its too used car sales for me…
I know it is effective but there are other ways….GRN is a solid company with a good comp. plan. Like all NWM everyoe markets in their own way.
Best – Meredith 866-607-0345