Do you want to earn money while people save money when they travel? Sounds good, right?

If you’ve heard about iBuumerang Opportunity to earn money when booking their travel, and you’re interested but still hesitated, then you’re at the right place.

Down below you’ll find all the information you need to know about iBuumerang: company background, business practice, compensation plan, price of joining, the pros and cons at a lot more.

Ready to know whether iBuumerang business is right for you or not?

So…

Let’s get started… 

Table of Content

iBuumerang Reviews: Summary 

Company Name: iBuumerang

Joining Price: $49.95 – $99 per month (Plus up to $1000 package payment)

Rating: 25/100

Recommended: No 

Summary: iBuumerang is one of the few Multi-level Marketing (MLM) Business inside the Travel Niche.

There are many reasons that I DON’T recommend joining iBuumerang, but the main reason is that MLM business has a very low success rate.

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What Is iBuumerang?

iBuumerang is an international MLM company that provides travel discounts through their search engine – iGo.

It is founded back in March 2019 under the name of Countdown4freedom during the pre-launched and the founder and CEO Holton Buggs changed the name into iBuumerang for an unknown reason.

Holton Buggs is apparently a well-known/recognized figure inside the MLM industry. In fact, Holton has headed different MLMs  in the past. He was Organo Gold’s Chief Visionary Officer which is a popular MLM. He also promoted a well-known Ponzi scheme called IQ Chain

Lawsuits: 

Since iBuumerang is a newly established MLM company, there is no record of legal complaints against it yet. And I’ll not get surprise if it’ll get one sooner or later. 

iBuumerang Review: How To Join?

Joining iBuumerang is easy as long as you are willing to pay any of their packages as follows:

Cost to join iBuumerang as an affiliate (Standby) – $49.95 per month.

Other more expensive global packages:

  • Coach Class  – $250 + $49.95 a month
  • Business Class – $500 + $99 a month
  • First Class – $1000 + $99 a month

The main difference among these packages is the higher your package in price, the higher your commission rate.

 

iBuumerang Compensation Plan

Just like any other MLMs, generating a full-time income with iBuumerang is quite complex and far to be easy. It’s nearly impossible BUT still, it is possible.

A major thing that all MLM businesses have in common is the overwhelming compensation packages that they offer to the members. Of course, they have to do this- Otherwise, nobody will be interested in joining their MLM sales team.

People get blown away when they hear about the compensation plan of an MLM business. The truth is the hard work behind an MLM business is not being disclosed most of the time. 

 iBuumerang’s 14 Ranks And Qualifications

  1. Travel Saving Ambassador (TSA) – Sign up as a Countdown4Freedom affiliate and pay the monthly fees.
  2. Director – Generate 2500 PV and/or GV monthly sales plus maintain at least five boomerang customers
  3. Executive – Generate 5000 PV and/or GV monthly sales plus maintain at least five boomerang customers
  4. Senior Executive – Generate 10,000 PV and/or GV monthly sales and maintain at least five boomerang customers
  5. Sapphire – 15,000 GV monthly sales or have a downline of at least 100 TSAs, plus maintain at least ten boomerang customers
  6. Ruby – 40,000 GV monthly sales or have a downline of at least 200 TSAs, plus maintain at least ten boomerang customers
  7. Emerald – 80,000 GV monthly sales or have a downline of at least 400 TSAs, plus maintain at least ten boomerang customers
  8. Diamond – 200,000 GV monthly sales or have a downline of at least 1000 TSAs, and maintain at least twenty boomerang customers
  9. Blue Diamond – 500,000 GV monthly sales or have a downline of at least 2500 TSAs, plus maintain a minimum of twenty boomerang customers
  10. Black Diamond – 1,000,000 GV monthly sales or maintain a downline of at least 5000 TSAs, plus maintain at least twenty boomerang customers
  11. Presidential Diamond – 2,000,000 GV monthly sales or a downline of at least 10,000 TSAs, and maintain at least twenty boomerang customers
  12. Crown Diamond – 5,000,000 GV monthly sales or a downline of at least 25,000 TSAs, Plus at least twenty boomerang customers
  13. Double Crown Diamond – 7,000,000 GV monthly sales or  a downline of at least 35,000 TSAs, Plus at least twenty boomerang customers
  14. Triple Crown Diamond – 10,000,000 GV monthly sales or a downline of at least 50,000 TSAs, Plus at least twenty boomerang customers.

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iBuumerang  Compensation Plan: Travel Commission

All affiliates get a 50% discount on travel booking and earn a commission.

How Does it Work? 

For example,

Trip A actual cost is $200 for example at Expedia.

Members get 50% discount, so the member’s price will only become $100.

Retail customers book the Trip A for only $150 at iGo – They save $50 discount on the actual cost of $200.

So, the $50 dollars ($150-$100) will be used to fund the commissions.

The affiliate who referred the retail customer gets up to 50% of the 50% kept by the company. For example: 

  • Standby and Coach Class affiliates receive 12.5% of the 50% of the 50% = $50 X 12.5% –> $6,25
  • Business and First Class affiliates receive 100% of the 50% of the 50% = whole $50

Obviously, the business and first-class affiliates earn more commission but they also pay much higher for up to $1000 + $99 per month membership.

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iBuumerang Compensation Plan: Sponsoring Commissions

Members get commissions when they sponsor a Coach Class or higher affiliate:

  • Coach Class affiliate –> $20 commission
  • Business Class affiliate –> $40 commission
  • First Class affiliate –> $80 commission

iBuumerang Compensation Plan: Binary Residual Commissions

The binary system is being used in iBuumering for networking compensation plan.

This means you need to build only 2 teams under you  – your right and left team.

Residual commissions are made from members sales volume and affiliate fees.

The ranking plays an important role in determining how much you can earn weekly.

For example, a TSA can earn up to $1000 a week (10% residual rate), a Director can earn up to $1500 a week (12% residual commission rate)…. and so on.

iBuumerang Compensation Plan: Unilevel Residual Commissions

Aside from residual commission, you can earn Unilevel residual commissions on both bookings and affiliate fees.

The ranking is the key for the commission rates:

  1. TSA – 10% on level 1 (personally sponsored members)
  2. Director and Senior Director – 10% on levels 1 and 2
  3. Executive – 10% on levels 1 to 3
  4. Sapphire – 10% on levels 1 to 3 and 8% on level 4
  5. Ruby – 10% on levels 1 to 3, 8% on level 4 and 7% on level 5
  6. Emerald – 10% on levels 1 to 3, 8% on level 4, 7% on level 5 and 6% on level 6
  7. Diamond and higher – 10% on levels 1 to 3, 8% on level 4, 7% on level 5, 6% on level 6 and 5% on level 7

Lastly, iBuumerang offer a compensation (bonus) for their top affiliates on the leadership development positions (Sapphires, Rubies, Emeralds, Diamonds and higher). The rates are from 2%-5%.

Why Is Earning A Full-Time Income With an MLM Business Too Hard?

I have seen many MLM businesses and tried 3 MLM businesses in the past many years. I can say that iBuumerang is at least a new concept inside the Traveling Niche, so I don’t say it will be the same as the others.

However, MLM businesses have some things in common that make it difficult for an ordinary person to succeed with.

What are the things that make you say yes to an MLM business?

  • An overwhelming compensation plan that looks so easy
  • A nice presentation that you’d think everyone will work hard
  • You just can’t say “no” to the person who invited you

If you join an MLM business for just any of the reasons above even though you know that:

  • The company has an expensive starter kit or monthly membership.
  • You hate recruiting.
  • You hate talking about the same thing over and over again.
  • You hate public speaking.

Then, you will definitely fail!

Let’s say you want to earn a full-time income ($5,000 per month) with iBuumerang as a Standby Affiliate ($49.95 per month). You only earn 12.5% of 50%of the 50% Travel Commission.

So, even if you generate a $100,000 per month (with recruiting). That will not be enough.

Let’s do the simple math.

50% of $100,000 = $50,000

50% of $50,000 = $25,000

12.5% of $25,000 = $3,125

Well, let’s just pretend the $3,125 is enough for your full time income. Yet, to generate $100,000 or $1.2 Million a year is not that easy with an MLM business.

This why people inside the MLM business tend to focus on RECRUITING because that’s where the money at.

Another thing is, most of the people who join MLM do actually expect their uplines to do all the sales work. Little they realize that this mindset is actually the one killing the team – the idle members.

MLMs are not a quick rich scheme – it’s a real business that requires an enormous effort of selling tasks and team building, just to name the few.

BUT honestly, you’d be better off if you build your OWN business than joining an MLM business. Read on why…

Only 1% Make Money With MLM Business 

So, why are there only a few people who make real money with MLM?

Because it’s designed that way!

Only people on the top get rewarded (1%) and the people at the bottom lose money (up to 99%) with an MLM business.

Unfortunately, this is how MLM business works.

The further down you are in the team, the more difficult for you to earn money.

An MLM business becomes only legit when the company can give a legal argument that member can earn commissions by doing direct selling (with iBuumerang – referring a retail customer to iGo) without recruiting. But “how much” a member can earn is not the issue of the legitimacy of an MLM business. 

Here’s another statistic to digest on: Of the people that do make money, the average YEARLY salary is only $2400. That’s only $200 a month or around $17 a day!

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iBuumerang Reviews: Pros And Cons

PROS:

  • New MLM Company – better chance of success (pioneer members are the potential top members)
  • Worldwide Opportunity

 CONS:

  • Expensive membership
  • Monthly Sales Quota
  • Saturated market
  • MLM has a very low success rate
  • MLMs are commonly mistaken as pyramid schemes and scams
  • Needs a lot of time in team-building
  • Focus on recruitment to maintain the position title and corresponding commission.

Here’s A Better Way To Make Money

I honestly hope that by now I’ve talked you out of getting into the iBuumerang Business.

iGo is probably a good discount travel booking platform and I honestly intend to try it out on my next booking.

Unfortunately, MLM is a broken money-making system and extremely hard to succeed with and I will never try to waste my time and energy again with any MLM Business, yes – even iBuumerang.

Talking about my experience with at least 3 different MLM businesses over the many years of hard work, I know it’s not an easy business model, especially if you don’t like product demonstration tasks, direct selling, business presentation and bothering your families and friends over and over again.

If you’re a person like me who prefers a more silent work atmosphere and can work anywhere and anytime, then you should check out Wealthy Affiliate if you still want to have an home-based and online business. 

Wealthy Affiliate is the best place to learn how money-making online works and it has taught me how to earn up to $1174.09 a day after 6 months of training and consistent work without living my home. 

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A Profitable Home Business Is Simple

If you have the right training, supportive community & mentor, making money online is easy. Click below and get all the three:

Hello there. My name is Che. Let me guide you to financial freedom by easily building a profitable online business. You'll also get valuable tips in improving personal finances and investments.

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