Is iBuumerang A Scam – Discount Travel MLM Review
Many people have heard about
I will be glad to share all I know about this business opportunity in this article. So if you want to know if this company is a scam or legit, you have come to the right place.
Is iBuumerang A Scam Or Legit Travel Based MLM?
The brain behind this travel-based network company is Holton Buggs, a network marketing guru with extensive experience in multi-level marketing. Before creating this new platform, he was with Organo Gold for an extended period, but I can’t tell you about their current relationship.
Holton is the CEO and Chairman of
Holton Buggs was removed from Organo Gold’s corporate leadership page some months ago. From what I know so far, no public statement has been issued from both parties about Buggs’s departure. In late 2019, there were reports that Buggs was promoting a Ponzi scheme called IQ Chain.
Holton Buggs was officially credited as the company’s strategic adviser. However, it was obvious that Buggs had total control over all the company’s marketing operations (Specifics were not publicly disclosed). IQ chain collapsed in December, and its name was rebranded to IQ Legacy.
Alexa’s ranking showed a total collapse from late January for the IQ Legacy website. It appears like Buggs took whatever money he was paid and left the company quietly. As I mentioned earlier, there was no public disclosure of the specifics of Holton’s relationship with the company.
iBuumerang Has An Experienced Leadership Team
Buggs has the following individuals on his leadership team:
- David Manning (CEO & President at XStream Travel)
- Terrance Gray “T.Gray” (VP of Business Development)
- Mark Kithcart (VP of Marketing)
- Peter Hirsch (Chief Giving Officer of the
Buum Foundation) - Lori Speers (Director of Travel Services)
For a detailed description of each member of the
iBuumerang Offers Discount Travel Packages
The company operates a travel discount system called iGo. Everything they do is designed to offer customers access to this discount engine. It is their primary offering. This discount engine iGo is the backbone of the company and customers use it to access discounted travel packages made available through Manning’s Travel company XStream Travel. These travel packages include:
- Flights
- Rental Cars
- Timeshares
- Hotels
- Cruses
- Vacation Homes and Condo Rentals
Holton Buggs Personally Explains The Compensation Plan
Just like most great network marketing firms, members receive rewards when they sponsor new business representatives or get retail customers. iBuumerang also offers rewards to its members. But their rewards are different from other travel MLM firms I’ve previously reviewed. I don’t want to explain the company’s compensation plan and mess things up for you, so I would want you to hear everything directly from Holton Buggs in the video below.
Buggs video is about 1 hour long. I’ve posted another video below that’s much shorter, about 10 minutes long. Just a quick point about
iBuumerang Compensation Plan – Holton Buggs
Joining
- Coach Class, which costs $250 plus $49.95 per month
- Business Class, which costs $500 plus $99 monthly
- First Class, which costs $1000 plus $99 each month.
The core difference between these packages is the commission rate.
iBuumerang Is A Legit Network Marketing Company
What is the percent of retail sales in comparison to sales from recruits joining iBuumerang? Why is this important, you may ask? According to the Federal Trade Commission, If they are getting more affiliates than customers, then it’s pretty close to a pyramid scheme. However, if they are getting more retail than affiliate sales, then
Another thing to do is to ensure the discounts they offer are worth it since mainstream sites do not charge people for using their booking engines. If you are the type that travels a lot and the discounts you see are attractive, then you can give it a try. However, there are some things you should consider before joining this MLM.
Joining
This company is certainly not a scam and might be worth a look if you are thinking of joining a solid MLM opportunity. Also,
Thus, they offer a business opportunity for people who have an interest in growing their income while building a team. However, it’s my personal opinion and experience that there is something better than becoming involved with a network marketing organization. Multi-level marketing is not the best business model for the average person to create long-term, sustainable wealth.
Building Your Own Affiliate Marketing Business Is A Better Alternative Than Network Marketing
When you join a network marketing company, you are told that “this is your business.” However, there is one very serious aspect no one thinks about. The “done-for-you” website that iBuumerang provides it’s is the same website all the other associates are using. Your website is the main ingredient that determines your online presence for years to come.
However, you have no control over the content – the MLM uplines have control and they always will. It’s impossible to get free, organic traffic to your so-called “website” because
When you build your original affiliate marketing website, you have CONTROL, genuine control, over your online presence. When you join any network marketing opportunity, you forfeit your online presence – your leverage – for the benefit of the company. My suggestion is to build your own affiliate marketing business with the help of Wealthy Affiliate.
The Premium membership from Wealthy Affiliate is by far the highest value, most cost-efficient way to create and grow an online business in 2020 and moving forward. If you have struggled for years to build a successful business online or feel that you don’t have the “full picture”…Wealthy Affiliate has been designed especially for YOU. What the owners of Wealthy Affiliate, Carson Lim and Kyle Loudon. have done is make available the opportunity for you to set up a FREE membership.
That means you can try out
Make The Right Choice Today!
The choice is yours, my friend. Before you decide that this is not the right time or you’re “too tired” or you have “other commitments, consider these words:
“If you do what you’ve always done, you’ll get what you’ve always gotten.”
The above words from the late motivational speaker Jim Rohn are a fact of life. If you don’t do something now, then when will you do something? How bad does your finances have to get before you say “I’ve had enough!” Don’t let another “crisis” catch you and your loved ones off guard!
Talk Soon,
Howard
