So, you’ve heard about Tranont and you’re wondering if it’s worth your time and money, right? I was in the same boat a few weeks ago, but I did some digging and now I’m here to share what I found with you.
First off, let me just say that I’m not affiliated with Tranont in any way. I’m just a regular person like you who wanted to know the truth. And I promise to give you my honest, unbiased opinion.
As an online entrepreneur, I have reviewed many similar online opportunities over the years. So I can tell you what you need to know about Tranont.
At the end of this review, I’ll also tell you the best way to make money online.
Table of Contents
- What Is Tranont?
- What is an MLM?
- Is Tranont an MLM or Pyramid Scheme?
- Is Tranont a Scam?
- Lorne Berry – The Man Behind Tranont
- Tranont Product Lines
- How Much Does It Cost To Join Tranont?
- Tranont’s Compensation Plan
- Benefits of Joining Tranont as a Distributor
- Complaints About Tranont
- Tranont’s Compensation and MLM Business Model Criticized
- Pros and Cons
- FAQs
- Final Verdict
- Is There a Better Way to Make Money Online?
What Is Tranont?
Tranont is a pretty unique multi-level marketing (MLM) company that was founded back in 2014. It’s been around for over six years now, and I have to say, it’s a bit different from other MLMs out there.
Most MLMs focus on selling one specific type of product or service, but Tranont doesn’t follow that trend. Instead, it sells a mix of consumer products like nutritional supplements and soft drinks, as well as financial, real estate, credit, and tax products. Whoa, that’s quite a range, right?
I guess you could say that Tranont doesn’t limit itself to just one market, which is pretty cool. It might even start offering products from other markets in the future, who knows!
The CEO of Tranont is Lorne Berry, who’s based in the United States. But I gotta be honest, his track record isn’t exactly spotless. Back in 2013, he filed for bankruptcy after racking up nearly a million dollars in debt.
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What is an MLM?
Multi-level marketing (MLM) is when companies sell their products through a network of independent distributors who make money from selling products and attracting new customers. Sounds pretty straightforward, right? Well, unfortunately, there are accusations floating around that MLMs are actually pyramid schemes.
A pyramid scheme is a scheme where the only way to make money is by recruiting new members. If there aren’t enough new members coming in, the whole thing falls apart. Not cool.
So, what’s the deal with MLMs? Are they pyramid schemes in disguise, or are they legit businesses? It’s a hotly debated topic, but it’s important to do your research and make your own informed decision.
You may also want to read our article on the top MLM companies.
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Is Tranont an MLM or Pyramid Scheme?
Let’s talk about whether Tranont is an MLM or a pyramid scheme. You might have heard some people calling it a pyramid scheme, but that’s not quite accurate.
Sure, building a strong downline is often seen as the key to financial success in MLM, and Tranont is no exception. But that doesn’t make it a pyramid scheme.
In fact, individuals can join Tranont’s sales force and earn commissions by promoting and selling the company’s products to others. And if they want to take it a step further, they can build a downline of recruits to whom they can sell and earn even more money.
Now, you might be wondering, what’s the difference between MLM and pyramid schemes? The main difference is that in pyramid schemes, the only way to profit is by recruiting new members. The company might even pressure you to find new recruits to become distributors.
That’s not the case with Tranont. They offer legitimate products and give their sales force the opportunity to earn money through both product sales and recruitment.
So there you have it, folks. Tranont might be an MLM, but it’s not a pyramid scheme. Remember to always do your research before joining any company or investment opportunity.
You may read our article on the difference between MLM and pyramid schemes here.
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Is Tranont a Scam?
No, Tranont is not a scam. It’s a legitimate company that some people have managed to make money with.
To get a better idea of what Tranont is all about, it’s a good idea to visit a few MLM discussion groups on the Internet. There are countless online communities and message boards dedicated to talking about multi-level marketing.
But, when you’re looking for information, it’s best to seek out independent sources. These sources provide information from outside the company, giving you a more unbiased view of things. The company has no control over what is published, so you’re more likely to get honest opinions.
Another useful source of information is testimonials from former members. These can give you important details about the way the company treats its employees.
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Lorne Berry – The Man Behind Tranont
Meet Lorne Berry – the mastermind behind Tranont. With over ten years of experience under his belt, Lorne is a super successful entrepreneur and real estate investor. On his LinkedIn profile, he proudly lists several of his creations that have become industry leaders.
Lorne’s passion for teaching others how to manage their finances has also been a huge part of his life over the last decade. He’s not only run his own business, but he’s also helped thousands of people understand the basics of personal finance and how to apply them to their own lives.
His main goal? To help middle-class families achieve financial independence in the long run. That’s why he founded Tranont – to use his expertise in personal finance and real estate investing to help people take control of their financial futures.
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Tranont Product Lines
Tranont offers a variety of products and services that aim to improve your health and financial well-being. Here are some of the highlights:
Tranont Health Supplements
Tranont’s dietary supplements are made with natural ingredients and without preservatives, additives, or simulated sweeteners. They can help boost your immunity, vitality, and digestion, as well as improve your mental clarity and stamina.
Tranont Weight Loss Products
Looking to shed some pounds? Tranont’s weight loss products can help you achieve and maintain your ideal body weight. While there aren’t many testimonials about these products, the lack of negative reviews is a good sign.
Tranont Skincare Products
Tranont’s skincare products are designed to give you a more luminous, supple, and moisturized complexion. They don’t offer topical treatments, but instead focus on supplements that can help you feel beautiful from the inside out.
Tranont CBD Products
Tranont has also entered the CBD market, offering a range of calming products such as medicine, bath salts, candles, and muscle massages. While they can be quite expensive, customers can buy individual products or sets.
Tranont Financial Services
Tranont offers a variety of financial services, including credit restoration, tax preparation, and identity theft protection. Members can even earn commissions by reselling these services to others.
While it may seem odd to get health supplements and financial advice from the same company, Tranont founder Lorne Berry believes in helping middle-class families tackle common problems like inadequate nutrition, obesity, poor skin health, and financial difficulties. While their offerings may be pricey, having everything in one place can be a convenient solution for those looking to improve their health and finances.
How Much Does It Cost To Join Tranont?
Here’s the lowdown on the fees and payment options.
To start using your account, you’ll need to pay a one-time activation fee of $99. It may seem arbitrary, but it’s required to unlock the full range of services and benefits that come with your Tranont membership.
In addition to the activation fee, you’ll also need to pay a monthly fee of $25 for access to Tranont’s resources and customer support. But don’t worry, you get to choose from three different plans to suit your needs: Health, Wealth, and Builder.
Each plan has a different monthly price, ranging from $125 to $250. So, depending on the plan you select, your payment will vary.
However, it’s worth noting that each membership level requires you to spend at least $2,000 in your first month of membership with Tranont. So make sure to budget accordingly.
Overall, Tranont offers a range of benefits and resources to help you grow your business. Just be sure to consider the costs before signing up.
Tranont’s Compensation Plan
Let’s talk about Tranont’s salary structure. Honestly, it can be a bit confusing at first. But don’t worry, we’ll break it down for you.
The Confusion
Have you ever wondered where the money you’re earning is coming from? Well, that’s the case for most people who make around $200 a month in Tranont. It can be unclear which product it came from or how it got there. This type of compensation plan is used by about 80% of MLMs, and it can be frustrating not to know where your income is coming from.
Retail Commissions
First things first, Tranont is not a pyramid scam, so let’s clear that up. Making money from the resale of their goods is actually pretty simple. You’ll receive a commission for the sale of these items, and it can go up to 35%. It’s a great way to earn some extra cash.
Residual Commissions
Now, let’s talk about residual commissions. As you recruit others, you’ll receive commissions, and the cycle goes on indefinitely. It’s pretty straightforward – you recruit one person, and they recruit another person, and so on. It’s a great way to build a team and earn some passive income.
Overall, Tranont’s compensation plan can seem a bit complicated, but with a little bit of understanding, it’s not so bad. Just remember to focus on selling the products and building your team, and you’ll be on your way to success.
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Benefits of Joining Tranont as a Distributor
Thinking about becoming a Tranont distributor? Here are some possible benefits that you might find appealing:
Opportunity to Earn Income
One of the potential benefits of joining Tranont as a distributor is the opportunity to earn income. By selling Tranont products and services and recruiting other distributors, you can generate income for yourself.
Training and Support
Tranont offers training and support to its distributors, both through live events and online resources. This can be a valuable benefit if you’re new to the MLM world and want to learn how to be successful.
Product Discounts
As a Tranont distributor, you may be eligible for discounts on the company’s products. This can be a great benefit if you plan to use the products yourself or want to sell them to others.
Personal Development
Tranont places an emphasis on personal development and offers resources and training in this area. This aspect of the opportunity might be especially appealing to some distributors who are interested in growing and improving themselves.
However, while joining an MLM company like Tranont can have its benefits, it’s not a guaranteed path to financial success. MLMs can be a good fit for some people, but they’re not for everyone. Before you make a decision to join or invest, it’s important to carefully evaluate the company, its products, and its compensation plan.
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Complaints About Tranont
Tranont has been getting some negative feedback. Here are some of the drawbacks that you should know about:
Products are pricey
Let’s face it, Tranont MLM products are not cheap. Some people have even described them as prohibitively expensive. It seems like the company operates on a pay-to-play system, which can turn off potential customers.
Lack of support
One thing that can frustrate customers is the lack of support from the company’s staff. Some customers have complained about the absence of help when they encounter problems. You can find some of these complaints on sites like the Better Business Bureau.
Confusing compensation plan
Tranont MLM’s pay structure is quite complicated, which can make it difficult for people to understand how they can earn money through the company. Some people have expressed confusion over the plan, saying that it’s convoluted.
Tranont’s Compensation and MLM Business Model Criticized
Tranont, a multi-level marketing (MLM) company, is under fire for failing to disclose the annual compensation of its owners. This lack of transparency has raised concerns about the company’s commitment to fostering future leaders.
While some individuals may be successful in MLMs, it’s important to note that the vast majority of participants, like in any business venture, may not see the same level of success. In fact, MLMs may not be a sustainable source of income for most people.
Moreover, without competitive pricing, MLM products and services are at a disadvantage compared to established businesses that offer lower-priced alternatives. It’s not surprising that nearly 99 percent of MLM members report financial losses.
In conclusion, the lack of transparency about Tranont’s compensation and the challenges of MLMs as a business model raise concerns about the company’s ability to support its members financially.
It’s crucial for potential investors and participants to do their research and weigh the risks before getting involved in any MLM.
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Pros and Cons
Here are some pros and cons to consider before diving in:
Pros:
- You’ll receive training on personal health and wellness, which can be valuable knowledge to have.
- Tranont’s MLM compensation structure is straightforward and easy to understand.
- You can earn up to a 35% commission on all products sold as an affiliate.
- There is a wide range of products to sell, including weight loss and beauty products, fitness equipment, body care products, and more.
- You can earn commissions at five different levels, giving you the potential to earn more as you build your team.
- Startup fees are affordable, and there are no monthly or renewal fees to worry about.
Cons:
- The company’s reputation isn’t the best, so it’s important to do your own research and make an informed decision.
- Some of Tranont’s business tactics have been called into question, which may be a red flag for some.
- Tranont doesn’t disclose how much money its members make, which can make it difficult to know what to expect from this business opportunity.
- There isn’t much information available on the products themselves, so it’s important to do your own research before investing your money.
- Tranont doesn’t offer much guidance on how to succeed with your business plan, which can be frustrating for new distributors.
- The high turnover rate suggests that many people join with high expectations but don’t find the success they were hoping for.
FAQs
Do I need to sign up for Tranont One to become a Tranont representative?
No, you don’t need to sign up for Tranont One to become a Tranont representative. For $49.95 per year, you can become a regular member of Tranont and still be eligible for commissions on product sales.
How much does it cost to become a Tranont representative?
The initial payment to become a Tranont representative is $99, and the annual fee to maintain your status is $49.95. However, keep in mind that there may be additional expenses. While there’s no required monthly sales quota, if your monthly sales are below a certain threshold, you may incur additional charges.
How can I contact Tranont customer service?
If you need to reach Tranont customer service, you can send them an email at [email protected] or give them a call at 1-800-973-3715.
Final Verdict
Tranont has been around for nearly a decade and it’s cool to see an MLM company with a transparent compensation model. But, to be honest, I’m not too thrilled with their success rate and pricing. Personally, I wouldn’t recommend their products to anyone.
Let’s face it, MLMs have a rough track record when it comes to success rates. When you factor in the high cost of Tranont’s products, it’s unlikely anyone is going to make a lot of money from it.
If you’re looking for a better way to make some cash, I’ve got a recommendation for you in the next section.
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Is There a Better Way to Make Money Online?
If you want to make a stable and secure stream of passive income, I would suggest you start an affiliate marketing business online.
Affiliate Marketing is perfect for anyone who is new to online business.
You may read our article about the difference between MLM and affiliate marketing.
In fact, of all the online business models I’ve tried, affiliate marketing is the easiest and most rewarding so far.
In affiliate marketing, you can actually run your business almost with zero cost and achieve a steady and sustainable passive income to pay for your bills. You don’t need any initial capital and can even do it as a side hustle.
And if you really want to learn affiliate marketing and build a business from scratch, I’d recommend you to get started with the most reputable platform for affiliate marketing: Wealthy Affiliate.
Wealthy Affiliate is an all-in-one platform for building your affiliate marketing business from scratch. It offers you a free account (including a free website) with comprehensive training on SEO (free traffic methods), which enables you to get started with affiliate marketing right away without paying a penny.
But How Much Can You Earn with Wealthy Affiliate?
A 21-year old student from Wealthy Affiliate was able to earn $7,395 in just 1 week, which means he made more than $1k a day…all while using free traffic methods.
Wealthy Affiliate has existed for 15 years and there are many success stories in the past decade.
You can read our full review of Wealthy Affiliate here.
Where to Join Wealthy Affiliate?
Wealthy Affiliate has a very simple pricing scheme. It has free and premium membership.
If you want to feel about Wealthy Affiliate, you can sign up for the free starter membership here (no credit card required). You can select to be a free member with no time limit.
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You can enjoy all these values without paying a penny.
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