One thing you can try to test your environment to see if you have everything installed correctly.
export PYTHONHOME=SPLUNK-INSTALL-DIR
cd GeoIP-Python-1.2.7 (or what ever python GeoIP version you downloaded).
python test.py
You should see:
US
14
Germany
US
United States
('68.179.128.0', '68.181.255.255')
1.4.8
If you don't have everything setup correctly then you will see:
Traceback (most recent call last):
File "test.py", line 3, in
import GeoIP
ImportError: No module named GeoIP
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