If so, this post is for you. Down below you’ll see all the information you need to decide if this opportunity is right for you – you’ll see company background, price to join, pros, cons, compensation plan and more.
What Is iBuumerang?
iBuumerang originally was named Countdown4Freedom but later launched as iBuumerang. This company provides travel discounts with their search engine called iGo.
How do you make money with iBuumerang? iBuumerang is a MLM company which means you can make money in a few different ways with them. The two main ways are actually selling the services to different people and recruiting people to sell the services – the second is much more lucrative like Chron.
iBuumerbang was founded by Chairman, founder and CEO Holton Buggs with this following executive team:
Holton Buggs
Chairman and CEO
Mr. Buggs is an industry icon with over 29 years in the direct sales and network marketing industry worldwide.
Mr. Buggs never made more than $500 a month for his first 7 years in network marketing and his organization never grew to more than 50 people.
In the past 10 years, Mr. Buggs built a network of over 3 million distributors, generated over $3 Billion in sales, and mentored over 45 people to become millionaires.
Mr. Buggs bestselling audio series, How to Turn Your Network Marketing Business into a Cash Cow, has been reviewed as one of the most influential business tools in the world for distributors. He has also been featured in the “Billionaire” edition of Millionaire magazine and is the first distributor to be on the cover of Networking Times magazine.
Mr. Buggs knowledge of the industry, high moral standards, business ethics, and passion to share with all those willing to learn has won him numerous awards and has earned him the respect of being one of the most admired and successful professionals in the industry today.
David Manning
CEO and President at Xstream Travel
Mr. Manning is the CEO and owner of two successful 18-year-old corporations, Traverus Global and Xstream Travel. He is also an international motivational speaker and national sales trainer to thousands around the world.
Terrence Gray “T.Gray”
VP of Business Development
T.Gray has over 25 years of experience in creating success globally for internet startups, corporations, direct sales organizations, and as an entrepreneur.
Mark Kithcart
VP of Marketing
Mark has over 25 years of experience in generating growth and revenue for multiple companies in various industries.
Peter Hirsch
Chief Giving Officer of the Büüm Foundation
Peter has over 30 years experience as an attorney, author, master distributor and pastor.
Mr. Hirsch graduated at the top of his class from Yeshiva University School of Law in New York City and joined one of the nation’s premier law firms, Cravath, Swaine & Moore.
Edwin Haynes
Global Master Ambassador
Mr. Haynes, over the last 21 years has developed sales teams of over 250,000 distributors and has created multiple millionaires around the world.
Lori Speers
Director of Travel Services
Lori has over 35 years of leadership experience as a travel professional.
Lori oversees an operation that supports more than 3,500 independent leisure travel professionals. She has been with Xstream Travel since 2005 and has been instrumental in growing the membership base by over 400% and increasing annual gross sales by more than 1200%.
is iBuumerang Pyramid Scheme?
Some people like to call all MLM’s a pyramid scheme but that’s not necessarily true. Some definitely are and the CEO of iBuumerang has been involved in pyramid schemes in the past.
But iBuumerang definitely isn’t an outright pyramid scheme but does have some elements of one.
Part of your commissions from iBuumerang looks like the picture above and is why there are some similarities to a pyramid scheme.
You see with MLM’s the majority of your income usually comes from recruitment and building a downline.
The reason people do this is you get a slice of every sale of the people below – your recruits, your recruit’s recruits, your recruit’s recruit’s recruits, and so on.
You can sell the services of iBuumerang directly to customers and earn commissions that way.
But you make a lot more when you have 100 people working under you then you do just working for yourself.
How Much to Join IBuumerang?
Joining MLM’s can range in costs with some being under a hundred and others being a few thousand.
iBummerang is sort of in the middle and isn’t overly expensive but it’s pricier than a lot of other MLM’s.
There’s various packages to choose from and all come with a monthly cost. Here’s what you get to choose from:
- Affiliate membership ($49.95 per month)
- Coach class ($250 + $49.95 per month)
- Business class ($500 + $99 per month)
- First class ($1000 + $99 per month)
What you get with each package varies but the most important thing is you get higher commissions the more you pay.
If you do decide to try iBuumerang out you should definitely start with the cheapest package and see what kind of results you get.