Have you have seen an opportunity to offer the travel package deals? You have stumbled upon a company called iBuumerang and are wondering whether you can also make money as an affiliate or distributor?
You do realize that this is not a regular travel agency. iBuumerang works like an MLM company, and there is always something dodgy about that. At least in my opinion.
Is iBuumerang a scam?
Let’s find out
Welcome to my iBuumerang review.
We are going to take a better look at this company. What is the price to join, whether there is a potential to make some money, and who is behind this new MLM company?
Actually, let me congratulate you, first.
You are doing your due diligence, which means you don’t want to be scammed or being dragged into some misleading product.
Just a note at the beginning: I am not associated with this MLM system, so it is going to be an honest and unbiased review of the iBuumerang.
Please note, I am not a member or an affiliate for iBuumerang. This review is based on research and information available online in the public domain. Any recommendation and conclusions are only opinions and may not apply to all persons or situations.
Table of Contents
- 1 iBuumerang Overview
- 2 Profiting From MLM Is No Longer Possible
- 3 What is iBuumerang
- 4 Who is Behind the iBuumerang?
- 5 Is iBuumerang an MLM or Pyramide Scheme?
- 6 What is the Price to Join?
- 7 Products, That iBuumerang Offer
- 8 How Can You Make Money with iBuumerang?
- 9 What I like
- 10 What I don’t like
- 11 Some Thoughts at the End
- 12 Would You Like to Start Your Own Business Online?
Price to Join: $49.95 per month + the pack starting from $250 up to $1,000
Recommended: Not as a business opportunity!
What is iBuumerang
iBuumerang is a travel company that offers discounted travel packages for its members. It operates as an MLM company. That means that instead of paying for advertisements, they recruit people who should recruit other people and these people then sell the travel packages.
How deep it goes?
iBuumerang has 6 levels and depending on what level you are, you get also different commission. But we will talk about that later.
The company was founded in 2019 as well as the website. (The company was officially founded in March 2019)
(The reason why I check the company website registration date is, sometimes it happens that the company claims to be founded in let’s say 2012 and the website is registered 5 years later. That does not make sense especially with companies having their website as a “headquarter”.)
Obviously, there is not much we can say about the history of this company.
We will mention later who is behind and there is a bit more to say.
iBuumerang is based on Houston Texas (unlike the majority of the MLMs which are located in Utah, as I mentioned in another review).
The entire system is supposed to be based on the following:
“You Earn Money When Your Customer Saves Money”.
Sounds pretty cool, right?
Not so fast;
There is actually another company called Xstream.
This is travel is the company that provides all the benefits to iBuumerang customers. It has a long history of cooperation with other MLMs (for example InteleTravel or Paycation).
You can form your own opinion about the InteleTravel by checking the website glassdoor.com.
Let’s say you, as the iBuumerang member share the iGo travel booking portal to friends and family. Customers should get a 50% discount and the remaining 50% of savings goes to you in the form of cash.
That includes savings on Hotels, Car rentals, Cruises, Week, and more…
Here is the statement of the Holton Buggs CEO:
They want you to think that such cooperation is beneficial for all.
So again – this is how it works:
A member of iBuumerang sends people a request to visit a website with the best travel deals. In case someone books a trip through this site, the commission is paid to the member.
Well, I know it may sound tempting, but later we are going to check who is behind the iBuumerang and maybe we will understand that it is not as good as it sounds.
Who is Behind the iBuumerang?
The founder of iBuumerang is Holton Buggs.
I have dedicated a whole section to the Holton since this guy deserves it 🙂
He was born in Florida and already as a teenage boy started recruiting people to sell candies for him.
He went to college and got an engineering degree. As an Engineer, he realized that the salary could not provide him with a lifestyle he deserves.
In 1996, Holton started his business, but apparently because of the economy he had to close it down and got himself in a debt.
It did not take long and his friend told him about a new MLM opportunity. Holton was doing all right, for a while.
Soon after he had to leave. This MLM was a pyramid scheme, and the only way to make some money was via recruiting.
He joins another MLM, this time a travel MLM called Your Travel Biz (or YTB International). Holton together with Edwin Haynes had created a large network of distributors with the YTB.
The YTB (Your Travel Biz) was accused of being a pyramid scheme. Here is the screenshot of the article from 2008:
After the lawsuit, Holton left the company, he was broke.
Now, guess what does Edwin Haynes do?
Does it sound familiar?
You are right, he is the Global Master Ambassador within the iBuumerang.
iBuumerang being on the market for less than a year; I think it is safe to say that everyone who is thinking about joining the company, should be on alert.
What prevents these guys to crate another pyramid scheme?
They got away with at one already, right?
I am not here to raise accusations, but who knows what is going to happen later down the road.
We shouldn’t be surprised if the company faces some lawsuit in the close future.
Is iBuumerang an MLM or Pyramide Scheme?
iBuumerang has not been officially accused so for time being it is a legit MLM company.
But let’s take a look at the difference.
It is important to realize what the Pyramid Scheme really means.
The best way how to distinguish between those two is to check whether the system has a product to sell. IF there is no product and the company heavily relies on recruiting pay close attention. Most likely it is a pyramid scheme.
On to of that you are promised huge earnings – then you can say outright it is a pyramid scheme
On the other hand, a legitimate MLM has also a product to sell. So you have the possibility to earn money also by selling the products. Truth be told, most MLM distributors earn only from recruiting.
These are signs of the typical pyramid schemes.
You can use this checklist whenever you want to evaluate a company that recruits new members and promises them huge monthly incomes, especially working from home.
What is the Price to Join?
First of all, you need to do is to purchase the standby enrollment kid.
You need this kid to whatever package you are going to choose.
Once you have paid the $49.95 standby kid, you can go ahead and choose one of 3 following Packs:
For example, if you choose the Business class, your total would be $549.95.
You see that depending on the pack, you earn a different commission. The more money you pay, the higher the commission you may get.
Products, That iBuumerang Offer
The products that are available are discount travel services.
They are called Boomerangs. As you see from the screenshots above you get the number of boomerangs depending on the pack you purchase.
Now, you send these boomerangs to your customers and they can access then the iGo booking portal. The thing is that they have to be signed up with iBuumerang as well in order to get the discount.
If you run out of the boomerangs, you’d have to purchase a new set of boomerangs. Unfortunately, the price for such a new set is not revealed.
How Can You Make Money with iBuumerang?
First of all, you need to join the company as an affiliate. There are different levels that you can join.
If there were no levels, you would be selling the products as a regular affiliate marketer.
If you were looking for an income disclosure to see how people are doing, I must disappoint you. There is no such document at their website.
And it might be OK even legally (unlike Rain International, that has not made it available for almost the last decade). The reason being is that iBuumerang has been founded only in 2019.
I believe it should be available on their website within a year since the foundation date. I will keep an eye on it.
Here is more than 30 min video about the compensation plan. You are welcome to watch it if you want to know more deeply about how it works within the iBuumerang.
Nevertheless, people usually do not make money with MLM companies. You can take a look at the “well-established” MLM company 4-life. In their income disclosure, you see that 96.7% of members make less than $140 per week (that is about $6,576 per year).
And as I said 4life is one of the better MLM companies out there and thus the earning.
In most of the MLMs, people usually lose money and that is the case with iBuumerang as well.
What I like
- User-friendly system for members when it comes to product promotion. That is due to the iGo booking engine, though.
What I don’t like
- High Price. It is not cheap to get in and if someone wants to have a higher commission he has to pay $1,000+.
- There is no history of the iBuumerang. No income disclosure.
- The history of the founder. There are quite a few records of MLM companies and lawsuits connected with Holton Buggs.
- MLM as general – It is extremely difficult to make a living. Let alone this iBummerang company with the controversial founder.
Some Thoughts at the End
Just because it is new, you think it might be a good opportunity to jump in while there are not so many people involved.
I hear you and I understand such thinking. It is not a bad approach. What disturbs me though is the history of the CEO.
What makes him create a legit business, this time?
He was able to create a Ponzi scheme and not get punished.
Besides, this company is “artificially” attached to the other company Xstream.
It does not have any use for the customer, nor for a member. The price you need to pay to get in is too much and at the end, you are not saving a bit.
The only way how you can make money is by recruiting.
There are too many red flags.
Is there any legitimate business, that can help you how to make money?
I know that it may be frustrating no find out that “again, another system that does not work”. I was there as well.
What I have found out is that one needs to have a website. That is a must in this time and age.
Once you have a website you can choose what direction to go.
For example affiliate marketing – promote amazon product – just as a start.
Need traffic? It is not so difficult to learn how to get free traffic to the website.
Actually, you can follow this link to check out one platform where they teach that.
Regarding the traveling;
I think you’ll be better off when you just go to the website hotels.com, sign up. You can collect your nights and once you have booked 10 nights, you can book 1 night for free.
Besides, the prices are cheaper than through boomerang.
And I have mentioned just a portal for booking the hotel.
iBuumerang is basically attached on top of the Xstream Travel as a 3rd party.
If you want to go on vacation, you can spend a few more minutes by searching and I am sure you will save much more, comparing what is promised at iBuumerang.
Hope it is not confusing. If you have any questions, let me know in the comment section below.
I will be more than happy to answer you back.