Welcome to my iBuumerang review, my friend! If you’re considering to make money with this company, but not sure whether it’s a scam or not, you’re in the right place!
But first of all, I must congratulate you for taking the time to research before buying into any “seemingly good” product/service.
There’s no point for us to invest our hard-earned money and precious time into an opportunity just to learn later that it was not legitimate and in danger of getting shut down.
But, if you’re already joined their service. Then, I think you’ll need my unbiased review on iBuumerang, and consider whether you should continue their service or quit ASAP.
Without further ado, let’s get started!
Table of Contents
Company Name: iBuumerang
Business Niche: MLM Travel Agency
Joining Fees: $49.95 per month & $250 to $1000 one-time fees (Optional)
Owner: Holton Buggs
Summary: iBuumerang is an MLM company that offers a range of discounted travel packages to travelers. Although I can’t make a definite judgment on saying that this company is totally a scam, I still don’t recommend this business opportunity to anyone. The biggest issue I have is that iBuumerang doesn’t have any reliable accreditation to operates in the UK.
Overall SCAM Rating: 70/100 （Very Suspicious!）
Would I Recommend It? No!
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What Is iBuumerang?
Based in Houston, Texas, iBuumerang is an MLM Travel Agency founded by Holton Buggs. They claim to offer a range of discount travel packages to frequent travelers.
Furthermore, they also provide MLM business opportunity for people who want to make money by recruiting people and sell their traveling packages.
iBuumerang is one of the associates of Xstream, which is owned by David Manning. The other associates, like InteleTravel and Traverus Global, seem like already gone out of business.
Here are some of the popular discounted traveling packages that they provide to customers:
- Hotel Reservations
- Flight Tickets
- Tour Packages
- Car Rental
About The Founder
Holton Buggs was born in Florida in 1972. He’s a smart kid gifted with marketing talent.
When he was 14 years old, he figured to make some pocket money by recruiting people to sell candies for him and sometimes paying them with haircuts.
He went to college and got an engineering degree. But he realized that the salary couldn’t support his fancy lifestyle. Soon, he ventured into his first business in 1996 and got his first success in the furniture industry.
But, he would never expect the failure’s coming so fast. He was forced to shut his business down due to the economic recession and found himself in a $250k debt in 1999.
Together with another partner named Edwin Haynes, they then joined Your Travel Biz (YTB), which is also a travel MLM agency. They had created an extensive network of distributors with the YTB and making tons of money from them.
But, YTB (Your Travel Biz) was prosecuted for fraud by the Attorney General of California. You can read the full article from 2008 here.
This lawsuit is one of the reasons that makes me suspect the legality of iBuumerang, which I’ll explain in more detail in later chapters.
How To Make Money With iBuumerang?
The booking system of iBuumerang is powered by iGo, which is from XStream. Every discounted package you bought will be provided by iGo.
Overall, how you can make money with iBuumerang is as simple as counting 1,2,3. Please note that I say it’s simple, but not easy.
Here’s the overview of the money-making process:
- You send a referral link to your friends and relatives, which then leads them to the iGo booking engines.
- They book the discounted travel packages.
- *Cha-ching* YOU GET PAID for a commission.
It’s really that simple. What’s complicated is the compensation plan that I’m going to talk about in the next section. But before that, I would like to give a brief explanation about the introductory fee.
As you might know, MLM companies are known for their expensive joining fees. For sure, iBuumerang has no exception for this.
Here are the membership packages provided by them:
|Coach Class||$250 one-time fee and then $49.95/month|
|Business Class||$500 one-time fee and then $99/month|
|First Class||$1000 one-time fee and then $99/month|
The Compensation Plan
Just like other typical MLM opportunity, iBuumerang provides 3 ways for you to earn a commission from them. Namely:
- Retail Commission – Earn Commission by selling their travel packages.
- Recruitment commission – Earn Commission by recruiting new members to their MLM network.
- Residual Commission – When you recruit people and make a sale, they’ll become your downlines. A percentage of their sales will be distributed to you.
Here’s the screenshot of the chart showing how iBuumerang payout the Commission via their MLM structure.
If you want to learn more about their compensation plan, you can check out the video explanation below for a better understanding:
Don’t worry if you can’t figure out how it works. It basically means that you’ve got the chance to build up an MLM team up to 6 tiers and earn commissions from them.
Here’s how your MLM network will look like:
Although the figure above only shows until the second level of your network, you can imagine how significant is the amount of your downlines added up to the 6th level.
If they’re loyal and always making sales, you’ll be earning millions of passive income every single month.
It sounds like a get-rich-quick program, but the truth is, it’s hard to build up your solid team in the MLM industry. However, it doesn’t mean you can’t do it unless you’re an introverted person like me.
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Why Don’t I Recommend iBuumerang? (Untold Ugly Truths)
No income disclosure
An income disclosure is like a proof that tells people how many people actually make money with iBuumerang right now.
But, when I search for it on iBuumerang official website, I found nothing. It’s hard for you to estimate how big is the opportunity for you to succeed if the MLM company doesn’t have income disclosure.
Not Registered With Association of British Travel Agents (ABTA)
Every travel agency that operates in the UK is required to register with ABTA. It’s like a licensing from the UK government that permits you to run a tourism business within the country.
But, iBuumerang is not accredited with ABTA, which is a big red flag, in my opinion.
Expensive Sign-Up Fees
You’ll need to pay a one-time fee up to $1000 to be their associate, and a monthly cost of $99 to stay active.
Many commercial brands provide MLM programs for you to get started with lower upfront funding. Hence, compared with others, I believe they’re a bit expensive.
Holton Buggs’ Shady Past
As I’ve mentioned earlier, Holton Buggs had involved in some legal issues with his past MLM company before. Hopefully, iBuumerang doesn’t follow in the same footsteps as ‘Your Travel Biz.’
What Do I like About iBuumerang?
Quite frankly, I’m not a big fan of MLM. However, there’s one thing that iBuumerang caught my attention.
A Done-For-You Landing Page
If you’re the associate of iBuumerang, all you need to do is send the referral link to your friends and relatives. You don’t need to care about the complicated landing page kinds of stuff.
If they buy something through the link, you’ll get paid.
So, Is iBuumerang A Scam?
After hours of research about the company, I can say for sure that iBuumerang appears to be a legitimate MLM business opportunity.
But, I can’t recommend it to anyone as there’re many red flags for this company.
Additionally, starting an MLM business is rarely a good idea. The report from FTC has claimed that only the top 1% of people are able to make money in MLM, and most of them are top-of-the-pyramid promoters.
In MLM, your income is entirely reliant on your downlines. If they don’t sell, you’ll never earn a penny.
Even if I say so, the choice is still yours. There’s no right and wrong answer for you to choose which business model that you want to get into.
You Deserve A Better Opportunity
Kudos to you! You’ve just read 1700+ words and still counting. If you make it this far, I commend your commitment.
Meanwhile, I can also feel how serious you’re when it comes to finding a proper way to make money from home.
As you might know, MLM is a flawed business model.
For sure, there’re still people who make a good amount of money with MLM. But it often represents a tiny group of people who joined the program early.
That said, it’s challenging for people who’re BOPs (bottom-of-pyramid) to make some serious dough because they’re running out of people to “recruit”.
Instead, Affiliate Marketing is my top recommended business model for anyone to make money from home.
The reason is simple…
Advantage 1: No Recruitment Needed
- You don’t need to “chase” after people and talk them into MLM opportunity where most people lose money.
Advantage 2: Freedom of Choice
- You can promote any products you love and not be restricted only to promote the products from one MLM company.
Advantage 3: Low Startup Cost
- Unlike MLM, where you’ll need to pay a pricy introductory fee to join, it takes little to no startup cost to kickstart your entrepreneurial journey in Affiliate Marketing.
You might think I’m biased, but I’m just telling the truths…
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