iBuumerang Review: Legit MLM or Just a Pyramid Scheme?

iBuumerang Review: Legit MLM or Just a Pyramid Scheme?

iBuumerang is a relatively new MLM company that operates within the $9 trillion-dollar travel industry.

Very recently, someone you know, a friend of yours or maybe a family member, pitched you iBuumerang’s “wonderful business opportunity” whereas you can make a lot of money while traveling the world…

Or you might have read/heard something of a similar nature on your social media or YouTube.

After all, as time passes, iBuumerang seems to be gaining more and more popularity.

Now, I can only imagine how ecstatic all of you who have the travel bug inside you grow when you come across opportunities that promise to help you live your life like all those “influencers” you have been following and envying for years do – earning thousands of dollars while traveling wherever the fuck you want.

Even the simplicity of leveraging iBuumerang’s opportunity is extremely appealing…

You just send a free website, people get discounts on their travel bookings, and you get paid…

How Does iBuumerang Work

It almost sounds too good to be true and that’s why you decided to conduct further research before joining.

After all, you are aware of the extent of the deceptiveness that MLM companies can reach and how the majority of pyramid schemes dress up like legit MLM companies in order to get their hands deep in your pockets only to leave you hundreds of dollars poorer…

Well, this is your lucky day!

In this review, I am going to cover every single aspect of iBuumerang, such as

  • What is iBuumerang about?
  • Is iBuumerang a scam? A pyramid scheme maybe? Or a legit MLM company?
  • How to join iBuumerang as a Travel Savings Ambassador (TSA)?
  • How much does it cost to join iBuumerang?
  • Pros and cons of joining iBuumerang
  • iBuumerang’s compensation plan
  • Can you really make money with iBuumerang, and if yes, how much?
  • and much more

In addition, I am going to reveal to you a couple of alternative money-making opportunities.

This way, you’ll have every piece of information you might possibly need to make an informed decision about whether iBuumerang is worth your time and attention or if you’d better invest in a more legit and promising program.

Let’s get cracking!

iBuumerang Overview

Name: iBuumerang

Owners:

  • Holton Buggs (Chairman & CEO)

Price: 

  • Standby Affiliate – $49.95 per month
  • Coach Class – $250 initial fee + $49.95 per month
  • Business Class – $500 initial fee + $99.95 per month
  • First Class – $1000 initial fee + $99.95 per month

Official Website: ibuumerang.com

Suggested? So and so…

  • In-Demand Product
  • Unique Concept
  • Experienced Leadership
  • Guaranteed Lowest Price
  • Training videos

Jump to the Pros Section

  • MLM Business Model
  • Complicated Compensation Plan
  • Expensive Packs
  • No Income Disclosure Statement
  • New Company
  • Founder Has Sketchy Past
  • Negative Reviews

Jump to the Cons Section

Before I move on to the actual iBuumerang MLM review, I want to reveal to you some statistics about the MLM business model that will probably SHOCK you to your very core.


10 Shocking MLM Statistics

The Network Marketing Game
  • According to FTC, 99% of all MLM participants lose money
  • The chances of profiting by running your own small business are 38% more than by joining an MLM
  • The profitability rate of running an online business is 10% - 20% higher than the profitability rate of joining an MLM
  • The odds of winning from a single spin of the wheel in a game of roulette in Las Vegas could be as much as 300 times higher than actually profiting in an MLM
  • According to AARP Foundation, 47% of MLM participants lose money and 27% make no money whatsoever
  • Among the 26% who actually earn a profit, 53% of them earn less than $5000 a year
  • 39% of MLM participants quit because pitching crappy products and services to friends and family jeopardized their relationships
  • At least 50% of MLM reps quit within 1 year after joining an MLM and 95% quit within 10 years
  • 75% of those who have joined and left an MLM state that they would never join another MLM in their life
  • A 2018 poll of 1049 MLM reps across various companies found that most of them make less than 70 cents an hour, 20% of them never made a sale, 60% of them had earned less than $500 in sales over the past five years, and 32% of them acquired credit card debt to finance their MLM involvement

If you want to defy all the odds and join an MLM company, then, by all means…

After all, you never know… You might be among those very few people who manage to climb up the ladder and end up earning big bucks with the MLM business model.

OR, you could start your own online business, just like I did and

  • Have a lot more chances of actually profiting
  • Have a much higher income potential
  • Invest significantly less money
  • Create something that you’ll own and have 100% control over
  • Build a long-term sustainable income
  • Not have to make your living by becoming a sleazy salesperson
  • Become location & time-independent

So, now that you know, let’s move to the actual iBuumerang MLM review.

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What is iBuumerang About?

iBuumerang is a rather new MLM company operating within the travel-discounts industry.

The company was first launched in March 2019 by Holton Buggs and is based in Houston, Texas.

Holton Buggs
Holton Buggs

With over 29 years of experience in the direct sales and network marketing industry, Holton is considered a very successful network marketer by his peers.

According to iBuumerang’s website, during the last 10 years, Holton has

  • built a network of over 3 million distributors
  • generated over $3 billion in sales
  • and mentored over 45 people to become millionaires 

As you can imagine, none of those claims can actually be substantiated.

Nonetheless, based on my research, Holton has indeed been part of the MLM industry since 1996 when fresh out of college he started his own furniture MLM business which eventually failed.

After that, he joined multiple other MLM companies but most of them were pyramid schemes.

He started out with CyberWize which was a nutritional MLM.

In 2008, he left CyberWize to join YTB International which was a travel-based MLM company, kinda like iBuumerang.

YTB International was launched in 2001 by Coach and Scott Tomer (father & son) who now own Surge365 (yet another travel-based MLM).

YTB was sued for $25 million in August 2008 by California Attorney General Jerry Brown for operating as a pyramid scheme as well as for using deceptive marketing practices.

According to Jerry Brown, during 2007, out of the company’s 200.000 total Travel Agents, 45.000 earned an average of about $90, 37.000 earned less than $39, and 125.000 earned nothing at all.

Around the same time, several former YTB Travel Agents filed a class-action lawsuit alleging that the company claimed to sell travel services, but its main business was really recruiting other travel agents.

The BBB (Better Business Bureau) indicated that 80% of YTB revenue came from the recruitment of new Travel Agents who were earning an average of $111 per year, almost $400 less than the initial $499 sign-up price.

In 2013, YTB filed for bankruptcy, got sold to Jamraval, Inc. and was reorganized under the name YTB Global Travel.

You can find out more about YTB, its history, and lawsuits right here.

Holton left YTB in 2010 and joined Organo Gold whereas he operated as the company’s CVO (Chief Visionary Officer).

In 2018 Holton became the executive advisor of a scammy cryptocurrency Ponzi scheme called IQ Chain which was later rebranded as IQ Legacy.

Holton left IQ Chain a while after it got exposed as being a Ponzi scheme.

After a while, Holton left Organo Gold as well (probably because they made him) due to his involvement with a crypto Ponzi scheme.

At that time, Organo Gold and Holton were also being charged with 

  • misappropriation of trade secrets
  • tortious interference with contracts
  • breaches of fiduciary duty
  • unjust enrichment
  • and fraudulent transfer

of another MLM company AmeriSciences.

Organo Gold and Holton were found guilty and were held jointly liable to pay $4 million.

But enough with Mr. Holton for now…

Let’s go back to iBuumerang!

iBuuerang isn’t a standalone company.

The company that provides all the travel-related services, as well as the booking discounts search engine (iGo) behind iBuumerang, is called Xstream Travel.

Xstream Travel is kinda like a travel agency that was founded by David Manning (currently operating as President and CEO).

David Manning
David Manning

David Manning and Xstream Travel have a long history of being involved with a lot of other MLM companies such as 

  • Paycation
  • Traverus Travel
  • Yes Travelers
  • Travel Works
  • TeleVerus
  • Hi5

One common thing that all those companies share (besides being owned by David Manning) is that they all failed miserably!

Paycation and Traverus Travel (and possibly all the other travel-based MLMs David used to own) were actually posing as standalone travel agencies when in fact they were just affiliates of priceline.com

Becoming an affiliate for priceline.com was free and yet in order to become an independent distributor for one of David’s companies, you had to pay signup and membership fees.

David basically took a free affiliate program of a third-party company, created a company of his own around it, and charged people to use it.

I am pretty sure that this is exactly how Xstream Travel and iBuumerang work right now.

Putting aside David’s deceptive practices, the question is this…

Since all of David’s previous MLM companies have collapsed under Xstream Travel what makes iBuumerang so different that it could avoid suffering the exact same fate?

Maybe it’s Holton Buggs (Sarcasm)…

Anyway, the rest of iBuumerang’s leadership team is comprised of

  • Terrance Gray “T.Gray” – VP of Business Development
  • Mark Kithcart – VP of Marketing
  • Peter Hirsch – Chief Giving Officer of the Büüm Foundation
  • Edwin Haynes – Global Master Ambassador
  • Lori Speers – Director of Travel Services 

Edwin Haynes used to work as a Distributor for YTB International (which was a pyramid scheme) alongside Holton.

Lori Speers has been working for Xstream Travel since 2005 and as it seems she always possessed a leadership position in all of David’s previous MLMs.

The fact that Lori and David, two common denominators in the failure of all of David’s previous MLM companies, work for iBuumerang, is extremely concerning regarding the company’s future.

You can discover a lot more about iBuumerang’s founder, leadership team, products, policies, opportunity, etc on the company’s official website.

iBuumerang's Products & Prices

iBuumerang’s only product is called a “boomerang”.

A boomerang is basically an invitation to a platform called “iGo”.

iGo is a travel search engine (similar to booking.com) through which people can locate discounts on several travel commodities and services, such as 

  • Hotels
  • Rental cars
  • Flights
  • Tours
  • Homes
  • Weekly stays
  • and much more

According to iBuumerang, the discounts that people will be able to get on iGo are not actually available to the general public through other booking websites or travel agencies…

Apparently, iGo’s travel discounts range from 50% up to 70% and are exclusive only to those who have been handed out a boomerang.

Boomerangs are free to give out. You won’t be selling them. You won’t have to convince people to buy them. You will just be giving them away to people who could use a good discount for their next vacation.

This will be your actual job as an iBuumerang TSA – to hand out boomerangs to people in order for them to be able to access iGo and get massive discounts on their next trips.

So, since the boomerangs are free, what’s in it for you, the Travel Savings Ambassador?

Well, every time someone YOU invited to iGo books a trip, hotel, flight, etc through the platform, you get paid a percentage of the total amount of money on the discount they got.

How iBuumerang WorksLet me demonstrate an example…

Let’s say you are an iBuumerang TSA and you give out a boomerang to your best friend.

Your best friend uses that boomerang to login to iGo and finds a discount on a hotel for her upcoming vacation in Barcelona.

The hotel costs $700 for 5 nights but through iGo, she managed to get a 50% discount and booked it for $350.

She basically saved $350.

This $350 your friend saved lands right into your pocket.

So, when people who use your boomerangs save money, you earn money.

Every TSA gets a certain amount of boomerangs that depends on the plan they purchase upon signing up.

  • Standby Affiliate – 5 boomerangs
  • Coach Class – 10 boomerangs
  • Business Class – 25 boomerangs
  • First Class – 50 boomerangs

If you run out of boomerangs you can purchase more through your TSA back office.

If all this sounds somewhat complicated to you right now, don’t worry. Once you join iBuumerang you’ll find a lot of training videos that shed a lot more light on the entire process of using iBuumerang on your TSA’s back office.

Handing out boomerangs is just one of the many ways that you can earn money with iBuumerang.

I dive deeper into iBuumerang’s full compensation plan right below.

iBuumerang's Compensation Plan

The majority of MLM companies have so extremely complicated compensation plans that it feels like you need to have a rocket scientist doctorate to understand just their first paragraph.

iBuumerang is no exception.

Nonetheless, to make things easier for you,  I’ll try my best to get you up to speed.

iBuumerang compensates its TSAs in 6 different ways…

  1. Referred Travel Bonus
  2. Travel Savings Bonus
  3. Fast Start Bonus
  4. Dual Team Bonus
  5. Unilevel Commissions
  6. Leadership Development Bonus

1 • Referred Travel Bonus

Refer to Xstream Travel (the travel agency which is behind iBuumerang and iGo) a group or organization which is looking to book

  • a block of hotel rooms (company events, family reunions, church trips, and other group bookings)
  • a destination wedding
  • a group cruise 
  • etc

and you, the referring TSA, will get paid 25% of the total amount of money paid by the group to Xstream Travel.

In order to get credited with referring the group, you’ll have to send an email to support@xstreamtravel.com with the following information:

  • Your name and Distributor ID
  • Your email address and phone number
  • The customer’s name and contact information (email address and phone number)
  • Details about the trip

You will receive your referral commissions 60 – 90 days after the return date of the group.

2 • Travel Savings Bonus

In order to earn this Travel Saving Bonus, all you’ll have to do is

  • Hand out boomerangs to other people that will enable them to access iGo and get discounts on hotels, flights, rentals, etc for their next travel

The Travel Saving Bonus pays you 50% – 100% (depending on your membership level) of the amount of money saved by the people who used your boomerangs to book travel through iGo.

  • Coach Class TSAs receive 50% of the total savings of their referrals (only on hotels, rental cars & cruises)
  • Business Class TSAs receive 100% of the total savings of their referrals (only on hotels, rental cars & cruises)
  • First Class TSAs receive 100% of the total savings of their referrals (on all eligible travel & activities)

Standby Affiliates do not have access to the iGo Booking Engine and cannot hand out boomerangs so they can’t qualify for the Travel Saving Bonus.

3 • Fast Start Bonus

This Fast Start Bonus pays you a fixed commission based on the optional enrollment pack your personal recruits purchase.

  • Coach Class = $20
  • Business Class = $40
  • First Class = $80

You earn no commissions if your recruits sign up for the Standby enrollment kit.

4 • Dual Team Bonus

The Dual Team Bonus is paid weekly based on the CV (Commission Volume) generated by the TSAs in your downline during that period through a binary compensation structure

A binary structure places you at the top of your team with one team on your left (left leg) and one team on your right (right leg).

Binary-Compensation-Plan

The two TSAs right below you are your personal recruits.

Each leg can contain an unlimited amount of TSAs who are recruited either by you or by other TSAs on either leg.

The leg which generates the higher CV is considered your power leg and the leg which generates the smaller CV is considered your weak leg.

This Dual Team Bonus pays you 10% – 20% of the total CV of your weaker leg (the actual percentage is determined based on your current rank).

TSA:

  • Up to $1000 per week
  • 10% of your weaker leg’s CV

Director:

  • Up to $1500 per week
  • 12% of your weaker leg’s CV

Executive: 

  • Up to $2000 per week
  • 12% of your weaker leg’s CV

Senior Executive: 

  • Up to $2500 per week
  • 12% of your weaker leg’s CV

Sapphire

  • Up to $3000 per week
  • 15% of your weaker leg’s CV

Ruby: 

  • Up to $5000 per week
  • 16% of your weaker leg’s CV

Emerald: 

  • Up to $10.000 per week
  • 17% of your weaker leg’s CV

Diamond: 

  • Up to $20.000 per week
  • 18% of your weaker leg’s CV

Blue Diamond: 

  • Up to $30.000 per week
  • 19% of your weaker leg’s CV

Black Diamond:

  • Up to $50.000 per week
  • 20% of your weaker leg’s CV

Presidential Diamond: 

  • Up to $100.000 per week
  • 20% of your weaker leg’s CV

Crown Diamond: 

  • Up to $150.000 per week
  • 20% of your weaker leg’s CV

Double Crown Diamond: 

  • Up to $200.000 per week
  • 20% of your weaker leg’s CV

Triple Crown Diamond: 

  • Up to $250.000 per week
  • 20% of your weaker leg’s CV

Please note that in order to qualify for this weekly Dual Team Bonus you need to have personally enrolled one TSA on your left leg AND one TSA on your right leg AND both of them need to be active AND you need to have at least 500 CV on your weak leg.

5 • Uni-Level Commissions

Uni-Level Commissions are paid based on the GV (Group Volume) of TSAs in your downline, up to 7 Levels deep, through a uni-level compensation structure.

  • 1st Level = the TSAs you have personally recruited
  • 2nd Level = the TSAs your 1st Level TSAs have recruited
  • 3rd Level = the recruits of the TSAs on your 2nd Level 
  • and so on…

The higher your rank the more levels of TSAs you can earn those Uni-Level Commissions through.

TSA:

  • 10% of GV on Level 1

Director:  

  • 10% of GV on Levels 1 & 2

Executive & Senior Executive: 

  • 10% of GV on Levels 1, 2, &3

Sapphire: 

  • 10% of GV on Levels 1, 2, &3
  • 8% of GV on Level 4

Ruby: 

  • 10% of GV on Levels 1, 2, &3
  • 8% of GV on Level 4
  • 7% of GV on Level 5

Emerald: 

  • 10% of GV on Levels 1, 2, &3
  • 8% of GV on Level 4
  • 7% of GV on Level 5
  • 6% of GV on Level 6

Diamond and higher: 

  • 10% of GV on Levels 1, 2, &3
  • 8% of GV on Level 4
  • 7% of GV on Level 5
  • 6% of GV on Level 6
  • 5% of GV on Level 7

6 • Leadership Development Bonus

This Leadership Development Bonus is paid to you when people in your P.E.T (Personal Enrollment Tree), achieve the rank of Sapphire and above.

This bonus is calculated through the PV that occurs between one TSA in your P.E.T who has achieved the Sapphire rank or above and the PV of the next TSA who has also achieved Sapphire or above.

You can earn that Leadership Development Bonus through four generations and again, the higher your rank the more generations you can earn that bonus from.

iBuumerang hasn’t published an official PDF document of their full compensation plan yet.

I contacted their support team 2 days ago to see if they would share it with me but they haven’t replied back to me just yet.

Nonetheless, I managed to locate a half-hour video that summarizes iBuumerang’s entire compensation plan pretty neatly so make sure to watch it before moving on.

Please note that the video is kinda positively biased towards iBuumerang at some points as the guy who has published it is a TSA.

Please note that iBuumerang’s compensation plan might undergo changes from time to time so by the time you read this review, some of the info, the commission rates, the rank qualifications, etc that I shared with you right above might not be that accurate.

If you still have questions about iBuumerang’s compensation plan, you can contact the company’s support team through the email address support@ibuumerang.com

Or you could email me at xaric@dearboss-iquit.com and I will do my best to help you out.


iBuumerang TSA
Ranks & Qualifications

Standby Affiliate:

  • Sign up with the Standby enrollment kit

TSA:

  • Sign up with the Coach, Business, or First Class enrollment pack

Director:

  • Generate 2500+ PV/GV per month 
  • Have at least 5 active boomerang customers
  • No more than 50% of required GV can come from just one leg

Executive: 

  • Generate 5000+ PV/GV per month 
  • Have at least 5 active boomerang customers
  • No more than 50% of required GV can come from just one leg

Senior Executive:

  • Generate 10.000+ PV/GV per month 
  • Have at least 5 active boomerang customers
  • No more than 50% of required GV can come from just one leg

Sapphire: 

  • Generate 15.000+ GV per month or have a downline of at least 100 TSAs
  • Have at least 10 active boomerang customers
  • No more than 40% of required GV or TSAs can come from just one leg

Ruby: 

  • Generate 40.000+ GV per month or have a downline of at least 200 TSAs
  • Have at least 10 active boomerang customers
  • No more than 40% of required GV or TSAs can come from just one leg

Emerald: 

  • Generate 80.000+ GV per month or have a downline of at least 400 TSAs
  • Have at least 10 active boomerang customers
  • No more than 40% of required GV or TSAs can come from just one leg

Diamond: 

  • Generate 200.000+ GV per month or have a downline of at least 1000 TSAs
  • Have at least 20 active boomerang customers
  • No more than 40% of required GV or TSAs can come from just one leg

Blue Diamond: 

  • Generate 500.000+ GV per month or have a downline of at least 2500 TSAs
  • Have at least 20 active boomerang customers
  • No more than 30% of required GV or TSAs can come from just one leg

Black Diamond: 

  • Generate 1.000.000+ GV per month or have a downline of at least 5000 TSAs
  • Have at least 20 active boomerang customers
  • No more than 30% of required GV or TSAs can come from just one leg

Presidential Diamond: 

  • Generate 2.000.000+ GV per month or have a downline of at least 10.000 TSAs
  • Have at least 20 active boomerang customers
  • No more than 30% of required GV or TSAs can come from just one leg

Crown Diamond: 

  • Generate 5.000.000+ GV per month or have a downline of at least 25.000 TSAs
  • Have at least 20 active boomerang customers
  • No more than 20% of required GV or TSAs can come from just one leg

Double Crown Diamond:

  • Generate 7.000.000+ GV per month or have a downline of at least 35.000 TSAs
  • Have at least 20 active boomerang customers
  • No more than 20% of required GV or TSAs can come from just one leg

Triple Crown Diamond: 

  • Generate 10.000.000+ GV per month or have a downline of at least 50.000 TSAs
  • Have at least 20 active boomerang customers
  • No more than 20% of required GV or TSAs can come from just one leg

Active boomerang customer = has booked travel using your boomerang within that month

PV (Personal Volume) = travel-related sales generated by a TSA’s customers

GV (Group Volume) = travel-related sales + signup and membership fees generated by TSAs in your downline and their customers

How to Join iBuumerang as a TSA?

You can join iBuumerang as a TSA by hitting the “Join Now” button on the top right corner of another TSA’s iBuumerang replicated website or on iBuumerang’s official website.

If you decide to join through iBuumerang’s official website, you’ll have to have a TSA’s username in order to proceed.

Next, fill the requested personal information (country, name, email, and telephone number) and then click on “Start Your Enrollment”.

Once you do so, you’ll receive a 7-digit confirmation code on your mobile phone. Fill the code in and hit “Submit” in order to proceed.

Then, you’ll have to choose your enrollment kit.

If you don’t want to purchase one of the optional enrollment packs then scroll down at the bottom of the page and click on “No thank you I will just stay with the Standby Pack for now. I understand it is limited and does not have access to all of the benefits.”

If you want to purchase an enrollment pack, click on the “Add Pack”.

Lastly, fill in some more personal and payment information, click “Continue”.

On the next page, you’ll be presented with an upsell which is a ticket to a Vegas conference held by iBuumerang called “Xccelerate”.

If you want to pass, click on “No thanks, I’ll pay the regular price later.” at the bottom of the page.

After that, go ahead and agree to the company’s Terms & Conditions, Policies & Procedures, etc, click “Checkout” and voila!

You are an iBuumerang TSA. 

How Much Does It Cost to Join iBuumerang as a TSA?

In order to enroll and get started with iBuumerang, everyone has to purchase the “Standby” enrollment kit which costs $49.95 per month.

Purchasing this Standby kit grants you access to the following:

  • 1 iBuumerang Customer Site
  • 5 boomerangs to Send
  • 25% Xstream Travel Referral Commissions
  • iDecide Interactive Presentation
  • Access to your TSA Back Office

In addition to the Standby enrollment kit, iBuumerang offers you the option to purchase one of the promotional enrollment packs right below in order to jumpstart your iBuumerang business:

  • Coach Class – $250 + $49.95 per month
  • Business Class – $500 + $99.95 per month
  • First Class – $1000 + $99.95 per month

Purchasing one of those optional packs unlocks several additional benefits, such as:

  • Personal access to the iGo Booking Engine
  • Discounts on more travel services for you and your customers
  • Higher Dual Team commission rates
  • More boomerangs
  • Business Volume (BV)
  • The ability to earn Travel Savings Bonuses
  • etc

For instance, a Coach Class TSA can offer discounts on hotels, flights, and rental cars whereas a First Class TSA can offer discounts on hotels, flights, rental cars, homes, weekly stays, lifestyle, and timeshare.

In addition, a Coach Class TSA starts with 10 boomerangs while a First Class TSA starts with 50 boomerangs.

Please note that purchasing just the Standby enrollment kit doesn’t actually make you a TSA as you can’t earn the Travel Savings Bonus. In order to actually become an iBuumerang TSA, you’ll have to purchase one of the “optional” enrollment packs, the Coach, Business, or First Class.

iBuumerang Payment Plans

The bottom line is that the more money you pay to join iBuumerang, the better discounts you’ll be able to get and give, the more people you’ll be able to invite and thus the higher your income potential will be (Pay to Play).

Is iBuumerang a Pyramid Scheme

Most of the time it’s very hard to distinguish between a legit MLM company and a pyramid scheme.

Make sure to watch the video below to discover how to spot and avoid pyramid schemes in general.

The main difference between a legit MLM and a pyramid scheme is that your income potential with a legit MLM is mostly based on selling the company’s actual products or services to retail customers while your income potential with a pyramid scheme is mostly or solely based on recruiting other people into the scheme.

Not all MLMs are legitimate. If the money you make through an MLM is based on your sales to the public, it may be a legitimate one. If the money you make is based on the number of people you recruit and your sales to them, it’s not legit. It’s a pyramid scheme. Pyramid schemes are illegal, and the vast majority of their participants lose money. – Federal Trade Commission

iBuumerang’s compensation plan is kind of like a mixture between a legit MLM and a pyramid scheme…

For instance, the Fast Start Bonus that pays you based on the enrollment packs your referrals purchase… In addition, the Uni-level Bonus includes commissions derived from the monthly recurring fees of other TSAs on your team.

Both of those instances are something that you would encounter in a pyramid scheme.

On the other hand, chances are that you would be able to build an income with iBuumerang just through handing out boomerangs and referring travel to Xstream Travel even if you don’t recruit other TSAs.

Since you have the option to build an income with iBuumerang just by acquiring more customers, iBuumerang cannot be considered a pyramid scheme.

iBuumerang Pros

  • In-Demand Product
  • Unique Concept
  • Experienced Leadership
  • Guaranteed Lowest Price
  • Training videos
  • Free Replicated Website

1 • In-Demand Product

Travel is a $9 trillion-dollar industry…

It’s pretty obvious that travel-related services are in high demand.

People love to travel and an average working person will spend a couple of thousands of dollars in at least one vacation per year.

As we all know, vacations can be costly so getting people to book everything through iGo and save a bunch of money on a trip they would purchase anyway is probably going to be easy peasy lemon squeezy.

All you’ll have to do is ask them if they would like to save money.

Chances are that most people aren’t going to pass such an opportunity and as the referring TSA you’ll be earning money.

2 • Unique Concept

The thing that I like the most about iBuumerang is that the money-making opportunity it offers is very unique.

You are basically handing out travel-related discounts for free and you are earning money when people use them.

Before coming across iBuumerang, I had no clue that someone could earn money in such a way. 

The whole concept is undeniably pretty unique and the fact that you won’t have to convince people to purchase anything makes iBuumerang’s opportunity as a solid choice even to those who might hate direct selling and recruiting (like me).

People aren’t going to see you as the annoying salesperson but rather as the “person who helped them get a $300 discount” on a trip that they would purchase anyway sooner or later.

And you earn money off of it.

3 • Experienced Leadership

iBuumerang leadership team’s reputation might be a bit questionable and unsettling but nonetheless, most of them seem to have extensive experience in direct selling and the travel industry in general.

According to ecosecretariat.org, Holton is a master recruiter, charismatic speaker, and could sell ice to an Eskimo… He is also a major part of iBuumerang’s rapid growth and someone you’d want to have on your side if you want to become a successful network marketer. 

Yes, some of Holton’s past MLM endeavors might be considered sketchy but the man is undeniably resilient, perseverant, and despite all the setbacks and failures he faced, he always refused to give up.

4 • Guaranteed Lowest Price

iBuumerang offers a “Lowest Price Guarantee” on all hotels, rental cars, and weekly stays you book through iGo.

iBuumerang Lowest Price Guarantee

This means that if you locate a lower price somewhere else online, iBuumerang will refund you 110% of the difference between iGo’s price and that lower price you found.

For instance, if you book a hotel room for $1000 through iGo and then you find that same hotel room for $800 through booking.com, iBuumerang is going to refund you $220 [($1000 – $800) * 110%].

5 • Training Videos

Something that a lot of MLMs don’t offer to their new recruits is proper sales and recruitment training (no wonder that such a small percentage of MLM participants manage to make a profit).

However, iBuumerang offers a lot of training videos on your TSA’s back office. In addition, you can find a lot more training videos and useful information on iBuumerang’s support center.

In addition, YouTube is swarming with tutorials on how to effectively hand out your boomerangs, how to recruit more TSAs, how to shape your teams and downlines, etc, etc.

Lastly, iBuumerang has made recruiting kinda simpler and easier through an interactive business presentation that can be found within a platform the company has created called “iDecide”.

All you have to do is share this presentation with potential recruits and let it do its job.

According to iBuumerang, this presentation converts pretty well.

6 • Free Replicated Website

Once you join iBuumerang as a TSA, the company provides you with a free replicated website.

When people sign up as TSAs through your replicated website you automatically become their sponsor, and they become part of your downline.

If marketed the right way, this replicated website could help you maximize your recruits and thus your income.

If your business is not on the internet, then your business will be out of business – Bill Gates

iBuumerang Cons

  • MLM Business Model
  • Complicated Compensation Plan
  • Expensive Packs
  • No Income Disclosure Statement
  • New Company
  • Founder Has Sketchy Past
  • Negative Reviews

1 • MLM Business Model

Despite the fact that iBuumerang is pretty different from your average MLM company, it’s still an MLM company…

As mentioned earlier, I am not at all fond of the MLM business model in general for many reasons…

First and foremost, the percentage of MLM participants who never actually make a profit is awfully high (74% – 99%).

In addition, the majority of those who do manage to make a profit, don’t earn more than $5000 per year (most of the time they earn a lot less).

Truthfully, there isn’t a single indication that iBuumerang’s success rate and income potential are going to be any different.

Furthermore, I hate selling and recruiting…

Now, as we saw, as an iBuumerang TSA you won’t be selling anything… Instead, you are going to be handing out boomerangs for free and make money when those people use them.

But, you are going to be recruiting… MLM means Multilevel Marketing… MLM without recruiting would just be affiliate marketing.

You know, I know, and the stones in my backyard know that in order to make serious money with an MLM company, you’ll have to recruit other people, period…

Being involved in an MLM is just not worth the trouble in my mind.

Especially when there exist other much more legit ways of building a substantial income without having to turn into a sleazy salesperson jeopardizing your relationships with those around you because you can’t stop perceiving them as walking bags of cash.

2 • Complicated Compensation Plan

Referral bonus, travel savings bonus, binary structures, legs, uni-level, leadership bonus, sales volumes, fast start bonus, various percentages, different ranks and levels, yadda yadda yadda.

A person who is newly introduced to the MLM business model doesn’t stand a chance of really grasping exactly how iBuumerang is going to compensate them as a Business Associate.

This is no random occurrence though…

MLM companies make their compensation plans so complicated on purpose to “confuse” people into joining them.

It’s called “Complexity Bias” and it’s the tendency of people to trust complex concepts more than simple ones.

Marketers use complexity bias all the time to boost the sales of a product/service by incorporating confusing language or insignificant details into its packaging or sales copy.

MLM companies do the exact same thing with their compensation plans to get more people to join them.

You can read more about complexity bias right here.

3 • Expensive Packs

Joining iBuumerang as a TSA is rather expensive.

Yes, iBuumerang’s Standby enrollment kit might be affordable at $49.95 per month (still kinda pricey), but Standby Affiliates can only earn commission by referring travel to Xstream and can’t really participate in the rest of iBuumerang’s compensation plan.

They can’t earn Travel Savings Bonuses, Fast Start Bonuses, team commissions, or any of the other bonuses that TSAs can earn.

If you want to maximize your income with iBuumerang you will inevitably have to purchase one of its most expensive enrollment packs

  • Coach Class – $250 initial fee + $49.95 per month
  • Business Class – $500 initial fee + $99.95 per month
  • or First Class – $1000 initial fee + $99.95 per month 

That’s way too expensive!

Especially if you consider that starting and running an online business is way cheaper while offering a lot more chances of actually making a profit.

For instance, I have built 3 online businesses with Wealthy Affiliate until now and I only pay $24.9 per month.

Wealthy Affiliate provides me with high-quality training, tools, free hosting, tech support, and basically everything I would possibly need to build a profitable online business from scratch.

Online business = less monetary investment + more chances of success + 100% control.

It’s a no brainer.

4 • No Income Disclosure Statement

The majority of MLM companies never publish an Income Disclosure Statement in order to hide the extremely low income that their representatives earn in order to not discourage potential representatives from joining.

iBuumerang has not yet published an Income Disclosure Statement neither.

In its case, this can go excused because the company has been operating for less than a year so chances are that they don’t have the necessary statistical data to provide an accurate and reliable IDS yet…

On the other hand, all Income Disclosure Statements I’ve come across until now reveal the exact same thing… That the vast majority of MLM reps never actually make any profit and those who do make a profit, would have to throw an additional couple of bucks on top of it to buy a pizza.

Hopefully, iBuumerang’s Income Disclosure Statement won’t tell the exact same story but I really doubt that it won’t…

5 • New Company

According to some statistics, an average MLM company will fail during its first 12-14 months. At the time of this review, iBuumerang is just 9 months old so it’s still pretty early to figure out if the company is in for the long haul or not.

The good news is that most of the time, the very few people who manage to make a good profit with an MLM company are the ones who got in early.

When an MLM is first launched its market is not yet saturated with representatives and it will be easier to recruit other people and build a bigger downline.

Plus, the newest the company, the fewer complaints, and negative reviews there will be about it online for your potential customers and recruits to see.

6 • Founder Has Sketchy Past

Yes, Holton might be considered a great leader, speaker, mentor, and network marketer but still, the fact that he has been involved in a number of sketchy and shady situations cannot be erased.

As we saw at the beginning of this iBuumerang review, Holton has been a part of his fair share of pyramid schemes (YTB International, IQ Chain, etc).

In addition, he was sued along with a company he used to work with (Organo Gold), for stealing trade secrets and conducting fraudulent transfer among other things.

Some of those situations unfolded very recently (he was found guilty in 2019) so you might want to consider them and conduct further research on Holton Buggs before investing your money in the money-making opportunity he offers.

The amount of failed MLM companies under Manning’s watch makes things quite worse…

7 • Bad Reputation

In addition to the sketchy past activities of Holton as well as of some of the other people on iBuumerang’s leadership team, the company itself has already started gaining some bad reputation.

As you can see right here, 2 people have complained about iBuumerang under its BBB profile. The fact that the details of each complaint are “Unavailable” is even more suspicious.

I can only imagine what they complained about…

Furthermore, there are quite a lot of threads on Reddit of people who happened to join as iBuumerang’s TSAs or had had encounters with other TSAs.

You can take a look for yourself at two of the aforementioned threads right below:


iBuumerang MLM Review Summary

Income
Potential

0/5

No Income Disclosure available. 74-99% of MLM reps never make money with an MLM.


Resources

4/5

Free replicated website, personalized back office, training, solid leadership, free in-demand product.


Price

2/5

One-time payment of $250 – $1000 plus $49.95 – $99.95 per month.


Legitimacy

3/5

iBuumerang is not a pyramid scheme but its comp plan displays some pyramid-like characteristics.

Overall Rating

2.5/5

Is iBuumerang Suggested?

Despite all the cons of iBuumerang, most of which could frankly be considered deal-breakers, iBuumerang is one of the most legit and promising MLM companies I have reviewed until now (as far as the legitimacy of an MLM company could go).

In addition, parts of the money-making opportunity iBuumerang offers are pretty unique and interesting… I am talking about the Travel Savings Bonus whereas you earn commissions based on the savings you helped other people get on their travel.

If the entire concept of this Travel Saving Bonus was packed into an affiliate program, I would definitely want to become a part of it.

Now, that doesn’t mean that you should throw your hat and jump right in…

The fact that iBuumerang seems legit (until now) doesn’t even remotely imply that it could truly help you eventually achieve your financial goals.

The company is still an MLM and the brutal truth is that 74-99% of MLM reps never actually make a profit. Those who do make a profit, make no more than $5000 per year on average.

iBuumerang might claim that “you won’t have to recruit” but if you want to increase your chances of beating those statistics, you will have to!

After all, MLM means earning money on multiple levels of recruits.

So, is iBuumerang suggested?

Truthfully, I would join iBuumerang

  • If I had $5000 to spare for the initial and recurring membership fees
  • If I had a lot of time to spare
  • If I didn’t hate recruiting
  • If I was already involved in the travel industry
  • And if it released an Income Disclosure Statement in order for me to be able to see how their average TSA performed in terms of revenue

So, What Now?

Okay, so you read this iBuumerang MLM review in its entirety…

Now what?

Well, as I see it, right now you have 4 options…

  1. You attempt to build an income with iBuumerang by becoming its TSA
  2. You take a look at the dozens of others reviews I’ve put together hoping you’ll find a money-making opportunity which suits you better
  3. You walk out of here completely empty-handed
  4. Or, you check out my top MMO (Make Money Online) suggestions Project 24 and/or Wealthy Affiliate, both of which are proven to have helped dozens of people build a full-time source of income online (optimal choice)

Choose wisely…

This Post Has 14 Comments

  1. You’ve done a very fair and just review here and I really appreciate that. Like a few others, I’m simmering on the Ibuumerang opportunity for most of the reasons you’ve outlined here. If it’s as good as it claims, it’ll still be as attractive in a few weeks or months. Thank you for the details.

    1. Thank you for your kind words, Anna!

      I am so glad that you found my iBuumerang review helpful 🙂

      My best regards,

      Xaric

  2. This is such a thorough and insightful post which definitely has your audience’s best interest in mind.

    Scams are ALL OVER the internet and I thank you for bringing them to the light. 

    So many people have lost money just trying to find something that works. 

    I pray that others find their way to your site before going for any of those scams you have reviewed.

    1. Thanks for your kind words, Lisa 🙂

      My best regard to you,

      Xaric

  3. Oh my my… Thank you for taking the time to put up this detailed iBuumerang review. Not so often do I come in contact with an MLM that isn’t a pyramid scheme.

    I just decided to check this iBuumerang out as a recommendation from a colleague. Now that I know what it entails, I must say I would be way over my head to even think of giving it a try.

    I am glad it is not an outright scam, but the money involved for one to think of attaining success is way too much for me, besides there is no guarantee I would even succeed.

    I did pick an interest in your recommendations and will surely take a look at it.

    Thanks for sharing…

    1. I am happy that you found my review helpful.

      And you are 100% right. The investment that you’ll need to make in order to make serious money with iBuumerang is enormous. And there’s no guarantee that you won’t lose everything whatsoever.

      Which one of my suggestions are you interested in, Wealthy Affiliate or Project 24?

      Xaric

  4. This is rather interesting… 

    To be honest, this platform has got some prospects especially base on the niche it belongs to. I don’t often see a lot of MLM travel companies. 

    Hence the chances of making money here seem pretty good. However, I’m not convinced enough that I can make enough money with this platform. Besides, the platform might close down anytime since it is not fully established yet. 

    Thanks so much for this review though. I will keep my fingers crossed on iBuumerang.

    1. Thanks for sharing your point of view, Mattias.

      I couldn’t agree with you more.

      However, despite the fact that I am not that fond of MLMs in general, if I were to join one I would go for iBuumerang hands down.

      Xaric

  5. No matter how unique an MLM system might be, I have had two bad experiences with them and so I cannot go through it again.

    I am part of that over 50% who did not get anything out off joining MLM programs. 

    iBuumerang might seem cool and all but it’s not something I’d like to venture into because apparently, there are other better ways that one can make one instead of joining an MLM program. 

    Nice in-depth review though and good analysis on MLM companies in general.

    1. I am glad that you found this review helpful and I am sorry to hear that you had bad experiences with other MLMs.

      Have you considered building and running your own online business as I suggest?

      It’s definitely much safer and cheaper than participating in MLM schemes.

      Xaric

  6. This post is very informative.

    I personally haven’t had the best of luck in pyramid networks. 

    They take forever to mature and for you to receive any real income. 

    You have to always be promoting something and that can annoy alot of people. 

    In my experience, I just gave off because of the consistent promoting to different people who didn’t want to buy.

    1. I am glad you found that helpful…

      iBuumerang is definitely not a pyramid scheme though… It’s just a normal MLM.

      Also, there’s no promoting.

      You are just offering travel discounts to people who would travel anyway so you are basically doing them a favor. And you earn your money based on the discounts they get.

      It’s a whole new concept.

      I can understand though if you are not interested in MLMs anymore. As I mentioned in the statistics I came across, 75% of people who have joined an MLM in the past state that they would never join another one again.

      If this is the case with you, make sure to check out Wealthy Affiliate and/or Project 24.

      They have nothing to do with MLMs.

      They focus on teaching you how to create your very own online business from scratch even if you have zero experience.

      Xaric

  7. Hello Xaric,

    I enjoyed reading this iBuumerang review. I have been looking for a way to get into MLM and this company seems perfect as I know a lot of people who travel a lot and would be interested in this kind of discount services.

    I love that iBumeraang is a new company and I can take advantage of the growth before it gets saturated.

    I have heard of Wealthy Affiliate before and it seems like a great way to start the online business I want. I would love to know if Project 24 offers monthly subscriptions as well.

    1. Everyone on the planet travels at least once a year so they are certainly tons of people who could use those discounts iBuumerang offers.

      Unfortunately, Project 24 doesn’t offer a monthly payment plan. You have to pay for the whole year upfront. 

      However, there are ways to test-drive the platform before investing your money in it.

      You can read more about them on my Project 24 review.

      Xaric

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