Is iBuumerang a Scam or Legit? [A Pyramid Compensation Plan?]

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Welcome to my review of iBuumerang!

I am hoping you have noticed that iBuumerang is gaining attention and many people are seeking to know if iBuumerang is scam or legit. Probably you may have come across some friends or people enticing you to join iBuumerang but you are not convinced if it is a legitimate opportunity or just a scam.

Well, first of all let me inform you that I am not in any position promoting iBuumerang as either a business opportunity or as an affiliate with the company. What I have in this article is primarily facts about iBuumerang and review to assist you make an informed decision if it is worth it to join iBuumerang or not.

Company: iBuumerang

Price : $49.95 per month to $1000

Scam: No

Recommended? No!

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What is iBuumerang?

IBuumerang falls under MLM category. When in pre-launching stage it was recognized as Countdown4freedom, but years later was renamed as iBuumerang after its launch.

IBuumerang is in the traveling niche offering discounts and chance to make money after enrolling and becoming its affiliate. You sell its products through recruiting persons to join the “club” and the other option is well-paying.

Who runs iBuumerang?

The company top man is Holton Buggs; he is the CEO and Chairman. Holton Buggs is a well-known man, he is been in the networking marketing industry for so long, over 28 years now. In his past 10 years, he has a reputation where he built a company with over 3 million distributors and made over 3 billion USD only in sales.

Holton Buggs is best recognized in this MLM industry as Organo Gold’s Chief Visionary Officer. Holt Buggs has also been promoting the IQ chain Ponzi scheme and was officially recognized as the strategic adviser; however it remains controversial if he took up the role. The IQ Chain in December collapsed and was reborn as IQ Legacy. To Buggs it looks as if he took what was paid to him and left the company. To be certain, all clear details on Buggs relationship with IQ Chain and IQ Legacy still remain hidden to the public.

Other top most leaders controlling iBuumerang include;

  • David Manning- CEO and at Xstream Travel
  • Terrence Gray “T.Gray”- VP of Business Development
  • Mark Kithcart- VP of Marketing
  • Lori Speers-Director of Travel Services
  • Peter Hirsch- chief Giving Officer of the Buum Foundation

What company website says about iBuumerang?

IBuumerang Company through their site has put description to market what they do.

At ibuumerang you receive savings back in cash! Limited to members only!

All you have to do is send a website- they book- you get paid. That sounds cool and impressive.

A unique and very cool way to earn extra money and a side hustle opportunity.

What types of products does iBuumerang deal with?

IBuumerang offer a very unique product recognized as Boomerangs. It may sound complicated built it’s not. What happens is that after you have enrolled and became a member and part of iBuumerang, you earn some Boomerangs which enable you to login to the IGO which is a booking engine.

The amount of Boomerangs you earn varies according to the membership package you have purchased. In the basic or fist package you only earn 5, second package 10, third package 25 and the fourth package 50 Boomerangs.

When you have earned these Boomerangs you are set now to earn, but you have to look out for customers, provide them with your Boomerang which will them to access the IGO search engine. The access to the IGO is limited to members or you acquire a Boomerang from anyone who is already a member.

After you have reached a person and accessed IGO search engine and booked a trip, it’s the time you earn a commission out of your Boomerang you gave out. When all of your Boomerang have depleted, you reach out iBuumerang to purchase new Boomerangs.

David Manning is responsible for the IGO search engine through his company where you get discount after traveling booking has been made. IGO gives out discounts for the following bookings;

  • Homes
  • Flights
  • Hotels
  • Timeshares
  • Rental cars
  • And more other bookings.

What is the cost of enrolling in iBuumerang?

When you plan to join MLM, bear in mind that you shall incur some costs. Some MLM’s charge hundred USD other thousands USD to become a member. IBuumerang is neither costly nor cheap, it is in the middle as far as join cost is concern.

Check out the cost to join iBuumerang;

  • Affiliate: $49.95 per month comes along with 5 free travel sites or Boomerangs
  • Coach affiliate: $250+$49.95 per month comes along with 10 free travel sites or Boomerangs
  • Business Class Affiliate: $500 + $99 per month and comes along with 25 free travel sites Boomerangs
  • First Class Affiliate: $1000 + $99 per month and comes along with 50 free travel sites or Boomerangs

The earnings are determined by the package you purchase and the more expensive package is the more you earn. After you come to a decision of trying iBuumerang its important you start with the lowest package to familiarize yourself with the company and later advance to higher package.

How does iBuumerang compensation look like?

When it comes to compensation, MLM’s do make it clear as there is always a complication somewhere between compensation plans and iBuumerang is not far from there.

When you try to look out for compensation plans, you will come across very perplexing details jargon terms and in general not easy to comprehend.

However, in this iBuumerang article review I will break down details for you.

Hence, here are few of issues about iBuumerang compensation plan, you should familiarize yourself with before joining or looking forward to join.

The first and foremost thing is you join the as affiliate member which is the first option down the enrolling package so as you can earn more commission in the compensation plan and requires you to increase your ranking in iBuumerang.

To be on a higher rank, it requires you meet certain qualifications in sales volume and sponsorship.

ibuumerang compensation procedure

Ranks and qualifications

There are 14 ranks in total that you can qualify for and it means the higher the rank the more money you can make. The following is a breakdown of the ranks and qualifications you can attain in the iBuumerang compensation plan;

TSA Rank – To reach this rank it requires you sign up as a Countdown4Freedom affiliate or distributor. Additionally, sustain your monthly membership fee.

Director Rank – In order to reach for this rank, you will need to make 2500 PV or GV or both per month in sales production volume. Additionally, sustain 5 active boomerang clients.

Executive Rank – To qualify for this rank requires you to create 5000 PV or GV or both per month in sales production volume. Additionally, sustain 5 active boomerang clients.

Senior Executive Rank – To qualify for this rank requires you to generate 10,000 or GV or both per month in sales production volume. Additionally, sustain 5 active boomerang customers.

Sapphire Rank – To qualify for this rank requires you to generate 15,000 GV per month in sales production volume or either way have a total team of at least 100 TSA, additionally it is a must you sustain 10 active boomerang customers.

Ruby Rank – To qualify for this rank requires you to generate 40,000 GV per month in sales production volume or you can have a total team of at least 200 TSAs. Additionally , sustain 10 active boomerang customers.

Emerald Rank – To qualify for this rank requires you to generate 80,000 GV per month in sales production volume or you can have a total team of at least 400 TSAs. Additionally, sustain 10 active boomerang customers.

Diamond Rank – To qualify for this rank requires you to generate 200,000 GV per month in sales production volume or you can have a total team of at least 1000 TSAs. Additionally, sustain 20 active boomerang customers.

Blue Diamond Rank – To qualify for this rank requires you to generate 500,000 GV per month in sales production volume or you can have a total team of at least 2500 TSAs. Additionally, sustain 20 active boomerang customers.

Black Diamond Rank – To qualify for this ran requires you to generate 1,000,000 GV per month in sales production volume or you can have a total team of at least 5000 TSAs. Additionally, sustain 20 active boomerang customers.

Presidential Diamond Rank – To qualify for tis rank requires you to generate 2,000,000 GV per month in sales production volume or you can have a total team of at least 10,000 TSAs. Additionally, sustain 20 active boomerang customers.

Crown Diamond Rank – To qualify for this rank you will need to generate 5,000,000 GV per month in sales production volume or you can have a total team of at least 25,000 TSAs. You must also maintain 20 active boomerang customers.

Double Crown Diamond Rank – To qualify for this rank you will need to generate 7,000,000 GV per month in sales production volume or you can have a total team of at least 35,000 TSAs. You must also maintain 20 active boomerang customers.

Triple Crown Diamond Rank – To qualify for this rank you will need to generate 10,000,000 GV per month in sales production volume or you can have a total team of at least 50,000 TSAs. You must also maintain 20 active boomerang customers.

There are other three ways of earning from iBuumerang;

  • Recruitment commission
  • Residual income
  • Retail sales

Is iBuumerang a scam?

IBuumerang is new in the MLM market but I stand to tell you is not a scam and here is why I say so;

  • There retail service offer is great
  • There top management is of people with experience and expertise in MLM market
  • Their compensation plan is unique and quite fair enough.

Although it is not a scam, but I think it is not a good business opportunity to start with. Here is what I think regarding MLM companies.

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About Ross

Ross is a Chemical Engineer Blogger. Helps people in his own little way.

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