A friend of yours has approached you talking about Tranont. So now you are left wondering whether you should consider it a good opportunity for you or not.
Tranont is a Multi-level Marketing company that sells “health and wealth” products. They have partnered with a third party to make sure that they have legit products on hand.
Their products include legal, financial, and health products that they sell to their customers. The company also offers a business opportunity for people.
Their health products include different mixes that claim to do great things to your body. The wealth products include protection against identity theft, tax and credit products, and more.
In MLM companies, they usually call people who help them sell products, a distributor. Tranont denies this as they prefer labeling people as an associate.
With different tactics presented by MLM companies, Tranont stands out with its unique products and that they did not only settle for a single niche.
You have to congratulate yourself in researching the company first before making any risky decisions.
If you are wondering whether Tranont is a scam or a Pyramid Scheme, we will clear that for you with this in-depth review of the company.
We will talk about how the company works and focus on how you can possibly make money with them. So, Let’s get going, shall we?
First, Let’s do some background check on Tranont
Tranont, an MLM company based in Lehi, Utah, was founded by the current CEO, Lorne Berry. He has a history in both Multi-level Marketing and financial services.
He was a real estate agent in Utah for 10 years and then he filed for bankruptcy in 2013 after he garnered a total of $1 million worth of personal debt.
Surprisingly, just one year after he filed for bankruptcy, he founded Tranont in 2014.
What is Tranont?
To put it simply, Tranont is an MLM company that sells health and wealth products. That “health and wealth” combination has a catchy name, to be honest.
There are various MLM companies that sell either health products or wealth products but you rarely see one trying to combine the two.
Tranont claims to be the first company to combine health, wealth, and finance education in a single company. Their goal is to “change the world, one household at a time” by teaching them how to manage their health and finances.
The unique combination of two different products is what makes Tranont stand out in the industry.
Before making any decisions, you need to be extra careful especially if it is a potentially life-changing decision and if it involves money.
They have been promoting the company in a very great way with various claims such as removing limits and making you live the life you want.
When you look at it at a first glance, Tranont really gets you to consider joining them because of their unique selling point. However, you still need to keep careful steps before doing so or you end up losing money.
So what does Tranont sell that keeps on hoarding more people?
As I have said, Tranont has a unique combination of products that make people easily attracted to it.
They have lists of products that they offer and this might take some long lists but I will try to make it as simple as possible. To do that, we will differentiate them by service and product.
So first, let us tackle the health products that they sell-
They have six products under the health niche:
1. ICARIA Glow Collagen
- This product is a mix for drinking that includes antioxidants
- It costs $89 for a bottle.
2. RESTORE Healing and Recovery
- This product claims to improve your metabolism and overall digestion.
- It also helps improve your overall immune system.
- It costs $50 for a bottle.
3. VIBE True Energy and Clarity
- This product is a Vitamin B supplement
- It costs $45 for a bottle of 90 capsules and $140 for a bundle pack
4. LIFE Enzyme Blend
- This is a food capsule that also improves digestion
- Its specialty is to improve the capability of the body to get all the nutrients it can from the food you eat.
- It costs $45 for a bottle of 90 capsules
5. RADIANT Cellular Regeneration
- This product refreshes all the body cells so they can adapt to changes in the environment and prevent major damages.
- It costs $49
6. BALANCE Multi-mineral
- This is a vitamin supplement that consists of antioxidants and amino acids.
- It costs $50 for a bottle of 90 capsules and $149 for a bundle pack
These products have various claims on improving your health but do not get convinced just yet. None of these products are certified by the FDA so be careful.
For the Wealth Niche, they offer:
1. Tax Services
- Tranont Tax Services offer a way to help you understand the complexity of taxes
- They have a third party of public accountants that are expert in understanding tax laws to help you receive the best returns every year.
- This is an online app that helps you track all of your financial information in a single site.
- They also have a third party of over 16,000 financial institutions all over the world to give you expert advice.
- This prevents identity theft and other cybercrimes.
- Includes personal and family identity protection and recovery processes for all types of identity fraud.
- Tranont TaxBot is a tax refund application
- It keeps track of your business expenses from wherever you are using your mobile devices.
5. Tranont Legal
- Tranont Legal is a service provided for all their associates and their families.
- They have partnered with a third party that provides quick and easy legal advice.
- Their legal advisers differ depending on the region you are in. their partners are found internationally and the closest to your region is what you get.
6. Credit Services
- This service claims to help you repair bad credit and teach you to navigate your way through the complex world of credit.
- You can monitor credit changes with Tranont and manage your credit cards, loans, and real estate transactions.
7. Mobile Healthcare
- This app is in partnership with Acute Care Triage.
- They claim that 84% of urgent health cares including doctor visits can be resolved online.
- I just do not think that this is the most reliable claim. You still need to physically consult a doctor to refill your medicine and to keep accurate track of your health.
8. Tranont Life
- This service combines families with large financial service providers and insurances to give access to the middle class.
- So basically, this is a Future Planning service that provides financial protection.
9. Tranont Financial Education
- Learn about budgeting, your credit score, inflation, interest rates, national and world economy, and more.
You can get these financial services individually or via bundles.
So how can you make money with Tranont?
In the MLM industry, you usually earn in two ways. One is to sell their products to earn retail commissions and the other is to recruit people in your downline.
That is the most basic explanation of earning money in any MLM company. With Tranont, since they sell two completely different products, their compensation plan is very complex.
So if you choose to join as an associate to either health or wealth core, you can have retail customer commissions, residual commissions, and Tranont life referral commission if you are licensed.
If you choose to join both the Health and Wealth Core, you get all three commissions mentioned above along with a builder core bonus, and an opportunity to earn an extra $37,000 in your first year.
That is a pretty big earning for a starter but it is easier said than done.
In order to qualify for Tranont’s compensation plan, you have to become a Jade Associate. It is their second rank so being a basic Associate does not qualify you to earn commissions.
So for you to become a Jade Associate, you have to complete the following:
- Generate a total of 100 Personal Volume (PV)
- $1,500 of Group Volume which is the total of all the Associates’ PVs.
- Recruit three personal Associates for the legs of your downline.
- A maximum of 65% of group volume must come from one leg only. You cannot let a single leg generate 70% of your group volume. This is to ensure that all your legs in your downline are working and are trusted salesmen.
This is a common way of earning money with MLM companies. You buy the products at a lower price and then sell them at their retail prices and keep the money.
With Tranont, their retail commissions are more complex. You have to sell their products to active customers and then keep them so you can earn money.
Their retail commissions range from 10% to 35% depending on the number of active customers that you have. So it goes like this. If you have 1 to 10 active customers, you get a 10% retail commission.
If you have 11 to 20 active customers, you earn a 15% commission. If you have more than 21 active customers, you get to earn a 30% commission.
In order to earn this commission, you have to recruit at least three persons under your downline. These three persons that you recruit need to be very active in selling the products.
They need to generate at least $1,500 worth of sales. The catch here is that one person should not exceed 65% of the total sales. So imagine the hardship you need to go through in order to recruit 3 persons and make them sell at least $1,500 a month.
Even if you generate $1,500 worth of sales, you cannot earn the Jade Associate position if one of your downline legs made more than 65% of that sale.
Here’s how to join Tranont
Most MLM companies have a low starting fee to join them as a distributor. This is not the case with Tranont. You need to pay $99 as an entry fee.
Along with that, you are required to choose between Health and Wealth Core starter packs or you can get both of them. Next, you get to choose the products that you need to buy in order for you to get started in your business.
The cheapest product under the Health Core is worth $40. In the Wealth Core, you can choose between TaxBot (costs $10) and Defend Individual Bundle Essential (costs $26.95).
What are the good things about Tranont?
1. You can only earn if you recruit more people
- If you are really good at convincing people to join something, then this business is for you.
- But do not get fooled just yet, you still need to make sure that they are active in the business.
2. Offers different products
- You can earn in many ways with Tranont
- With their two different product lines, you have a larger demographic of people that can be a potential active customer.
The bad sides of Tranont
1. Expensive startup
- The joining fee of Tranont is expensive when compared to other MLM companies.
- You also need to buy their expensive starter packs in order to become an associate.
2. A very complicated Compensation Plan
- Because of the two products that they sell, their compensation plan is bound to be very complex.
- You need to sell at least $1,50 worth of sales from 3 persons that are limited to their sales
3. Their Products are not certified by the FDA
4. Tranont founder has a bad past in terms of handling money. A very ironic personality for a company that requires you to invest a lot of money.
The biggest Con with Tranont
Tranont is an MLM company and that should be enough to keep your distance from them.
MLM companies require you to recruit people and Tranont just made this task even harder. There is no guaranteed success in MLM companies.
It has been proven that only 1% of people succeed with this kind of business.
Is there any other Legit way to make money online?
Tranont offers a unique way to sell products but that may be the only good thing and potential of the company. They have expensive startups and products that will make your life a living hell.
Personally, I would not take away your dream of making money online while maintaining the amount of time with the people you love.
Affiliate marketing is a way where you can earn the biggest money in the easiest way.
Affiliate marketing does not require you to join groups or recruit people in order to make money. You can also work for multiple companies at a time for you to potentially earn more money.
Wealthy Affiliate is a kind of affiliate marketing that does not only offer you an online business but also teaches you how to create a great website.
Wealthy Affiliate offers lessons to teach you how to manage your website so you can get more clicks. More clicks on your website means more money.
With a step-by-step lesson plan, you are expertly guided from the start of your business up until the point where it can generate passive income.
With that said, I strongly suggest that you consider Wealthy Affiliate as your business guide because of one simple reason – I have been helped by it and it proves to be successful.
I mean, ask the other millions of people that have chosen Wealthy Affiliate. You do not need to invest a lot of money. You just need to pay $19 monthly to keep on learning.
Come to think of it, this is really not a loss because you get to keep everything that you have learned. This is a legit way to make money online.
I will also give my personal opinions and suggestions on how you can improve your website and your business in general.
You can start with Wealthy Affiliate today and get a seven-day trial for FREE!
If you have any experiences with making money from Tranont then share it with us in the comments below!
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