Yep, it’s true Tranont has a home-based business opportunity. That’s great, but can you make money with Tranont? How much does it cost to get started? Is Tranont a pyramid scheme?
These are just some of the questions I had when I came across Tranont. And I bet dollars to donuts you have the same questions and more.
So in this review, I’m going to answer those and many more questions about Tranont.
And then I’m sure by the time you finish reading my review you’ll have a much better understanding of the opportunity and if it’s the right one for you.
Alright, let’s see what this business opportunity is all about.
Disclaimer: I am not a member or an affiliate of Tranont. All the information researched for this review is available online within the public domain. This review is my personal opinion and any recommendations/conclusions are my own which you may or may not agree with. What you decide to do after reading my review is up to you. You can see the full disclaimer here for more info.
Quick Overview
Product Name: Tranont
Website: https://tranont.com/
Founder: Lorne Berry
Type Of Product: MLM – marketing health, wellness and wealth products
So, What Is Tranont?
Tranont is an MLM company that markets health and wellness products as well as providing wealth services. It’s located in Utah and has been in business since 2013.
Unlike other MLM companies that have a global marketing presents. Tranont only operates in the United States and Canada.
The Products
The success you’re going to have with Tranont or any MLM for that matter is directly tied to the price and quality of the products.
So, let’s take a look at these products that they’re offering and see if they are worth the price.
Now, Tranont offers 7 health and wellness products. There are also 2 bundle packs available for the health and wellness products.
They have 8 financial products. And two of these financial products are individual products. And there are also 2 bundle packs.
It also needs to be mentioned, regarding the health products, none of them have been approved by the FDA.
The Health Products
Life
This is a full-spectrum digestive enzyme blend that helps unlock the nutrients within your food for better nutrition and overall health. 90 capsules for $40.00 (us)
Balance
This is an exclusive combination of whole foods packed with phytonutrients that improve your nutrient intake. 30 capsules $50.00 (us)
Vibe
These are B vitamins. 90 capsules for $45.00 (us)
Restore
Aids in quick workout recovery and promotes fast injury healing. 90 capsules for $50.00 (us)
Glow
Collagen helps in rebuilding and rejuvenating your hair, skin, and nails. Contains 30 tablespoons. Recommended 2 tablespoons per day. $89.00 (us)
Radiant
Helps your body heal cells. 30 capsules $49.00 (us)
TechNO BOOST
This is a circulatory supplement. Nitric Oxide supplementation may improve blood pressure, increase energy, better circulation and quicker recovery time after workouts. 60 capsules $59.00 (us)
Family Pack
4 bottles of Life, 2 Balance, 2 Vibe, 2 Restore, and 2 ICARIA Glow. $668.00 9us)
Fitness Pack
1 Restore, 1 Life, 1 Vibe, and ICARIA Glow. $249.00 (us)
Now you can buy all these products on their website. But you can also buy similar high-quality products on Amazon for a lot less.
Another thing to keep in mind regarding Tranont as a business opportunity.
Considering people can find high-quality products like these on Amazon that can offer the same results for a lot less. You’re probably going to have a hard time selling these products to people.
The Financial Products
Taxbot
You can track your expenses and it also automatically tracks your mileage. $10.00 per month.
Tranont Credit Services
This service helps you improve your credit and fix errors on your credit report. $99.00 per month.
Tranont Defend – Essentials Individual
Identity theft and cybercrime protection. $26.95 per month.
Tranont Defend – Essentials Family
Protects your whole family’s identity, privacy, and money. $44.95 per month.
Tranont Defend – Elite Individual
All the Essentials Plan features (cybercrime and identity theft), plus single bureau credit monitoring, report, and score. $32.95 per month.
Tranont Defend – Elite Family
More services that protect your home and family against cybercrime and identity theft. $58.50 per month.
Business Smart Pack
This pack contains Tranont Defend, TaxBot, Tranont Tax, Legal Library and a Last Will &Testament Package. $59.00 per month (us)
Tax Pack
This includes Tax consultations for tax subscribers, Basic personal income tax returns, Tax audit assistance on prepared tax returns, Business income tax returns, and Taxbot. $45.00 (us)
Just so you’re aware these are all 3rd party services. And that’s not a bad thing, many companies offer 3rd party services.
For example, the Defend services are provided by Invisus. Now I can’t comment on how effective these services are because I do not use them. So, you’ll need to do your own due diligence about each one of these services.
How Do You Make Money?
Like many MLM companies, you have 2 ways of making money. You can retail the product or you can recruit people into the business opportunity.
And as with all MLM’s the real potential for making money is through recruiting people, not retailing.
Which brings me to a question a lot of people ask: Is Tranont A Pyramid Scheme?
And the answer is No they are not.
However, I can understand why some people think they are. And the confusion comes with the compensation plan. It is a pyramid-style compensation plan.
And that’s because to build your business you need to recruit people into the system (business). This is known as building your downline.
And when you do this you are now eligible to earn commission from the people below you in your downline. So, commissions are always going up toward the top of the pyramid.
But that’s where things stop. Because you have the opportunity to sell the products to people this cannot be considered a Pyramid Scheme.
If the only way to build your business was through recruiting people and you could or had no products to sell, then yes that’s a pyramid scheme.
The Compensation Plan
Like most compensation plans there are complicated and confusing to understand.
In Tranont’s compensation plan, there’s unlimited depth for the Tranont Volume bonus, dynamic compression, leveraged sales, builder and Jeep bonuses and so on.
And all of the bonuses and earning potential is all related to where you are within the organization and if you have met the qualifications to be eligible for the commissions and bonuses that are available for that level of rank.
Now according to the 2019 compensation plan document, which you can review for yourself by clicking here.
Everyone starts as an Associate and then you can move up the ranks to Jade, Pearl, Ruby, Sapphire, Emerald, Diamond, Black Diamond, Red Diamond, and Blue Diamond.
What’s The Price?
To become a business associate for Tranont there is a $129.00 membership fee. With an annual renewal fee of $49.00.
If you don’t purchase any products during the sign-up process, you’re only enrolling in Tranont’s monthly Business Tool subscription. Which costs $25 per month.
However, in order to be considered an active associate which qualifies you for commissions and bonuses you need to have 100 PV (personal volume) points in a given month and have paid your annual renewal fee. And to achieve those 100 PV points it will cost you a minimum of $150.00 per month.
And if you’re spending the minimum $150.00 per month to accumulate those 100 PV points, you’re not going to be charged the $25 for the business tools. They are now included.
The bottom line is you’re going to have to spend at least $150.00 per month to be in business so you can qualify for your commissions and bonuses. Regardless if you are making money or not with your business.
Can You Make Money With Tranont?
As with any business opportunity, yes you have the opportunity of making money. But are you going to make money?
Well, the truth of the matter is when it comes to reaching any real level of success within an MLM business model the odds are not in your favor.
And for most people, it’s definitely not for a lack of trying. But despite that effort, over 50% of people will quit an MLM business in less than a year.
And remember you’re going to constantly have to be recruiting new people all the time to make up for the people that are constantly quitting. It’s a never-ending cycle.
Here’s another very scary statistic. A report done by Jon M. Taylor, MBA, Ph.D., Consumer Awareness Institute that you can find on the FTC website shows that 99% of the people that get involved with any type of MLM will lose money.
Yeah, I know it sounds like I am poo-pooing on your parade. But you need to know exactly what you’re signing up for.
Because this is a BIG part of your business. So, if you’re not a skilled networker, who loves selling and recruiting. And has no problem being a constant motivator and cheerleader to your downline.
Then you seriously have to rethink things when it comes to joining an MLM.
What I Like About Tranont
#1) Verity Of Products
They do have a pretty good selection of health and financial products that could appeal to people.
#2) Multiple Ways To Earn
With such a diverse compensation plan you do have the opportunity to earn in several ways. So, by constantly growing your downline you can create multiple streams of income.
What I Didn’t Like About Tranont
As with most if not all MLM business opportunities there are more drawbacks the there are advantages.
#1) Expensive Ongoing Costs
In order to be eligible for commissions and bonuses you must spend at least $150.00 per month to earn your 100 PV points. And it makes no difference if you’re making money with your business or not.
This is one of the things I can’t stand about MLM’s. They force you into spending money every single month. No wonder 99% of the people that get invloved with MLM lose money.
#2) The Jeep Bonus
You can qualify for a $500 Jeep bonus by qualifying at the Jade rank or higher each month and also meeting certain points and volumes as well.
However, if you miss those qualifications you are on the hook for the total lease payment.
Plus, as stated in their compensation plan:
Tranont is not responsible for securing the vehicle, securing/paying the lease or securing/paying the loan payment of the vehicle associated with the Jeep® Bonus program.
#3) Expensive Products
All of their products are 2 and 3 times more expensive than other products you can find on Amazon that can do what these products do.
For example, they have their TechNO BOOST which is a Nitric Oxide supplement that they sell for $59.00 for 60 capsules. You can go to Amazon and do a search for Nitric Oxide supplement and find the same products that do the same thing for half the price.
Despite what Tranont tells you they don’t have any magical secret or science behind their products. They just cost more.
#4) Not Your Business
What many people fail to understand is by being involved with an MLM you do not own your business nor are you in complete control of your business.
If Tranont decides to change the compensation plan and make it even harder for you to make money. There is nothing you can do about it.
In fact, anything they decide to do that affects your business is totally out of your control. Even to the extent of them shutting down altogether.
And that happens more often than people think. MLM companies close down all the time. Even one that’s have been in business for more than 20 years has closed down.
So the reality is you can wake up having to follow new rules for making money or worse. Wake up to find that the MLM company you’ve been working for has closed down and now your business is shut down, your income is gone. And there was nothing you could do to prevent it from happening.
You NEVER want to be in a position where someone else has the destiny of your financial future in their hands.
It makes no difference how you decide to make money online from home. You need to be in control of your business from the very start.
#5) Low Success Rate
I did mention this earlier but it’s so important it needs to be mentioned again. The low success rate in MLM is jaw-dropping 99%. That’s 99% of people that get involved with MLM lose money.
You have a better chance of going to Vegas and making money than you do getting involved with any MLM.
And they make things sound so easy, don’t they?
If it was so easy and everything they told you about becoming successful was true, the success rate would be more than 1%, wouldn’t you agree?
Final Thoughts
When it comes to MLM business opportunities not just Tranont they are simply not worth it.
Because of the monthly expenses to stay qualified, you’ll end up spending more money than you make. You have to constantly be recruiting people to have a chance of building your business. Which means you have to become a salesperson (a serial recruiter).
So there is no way I can recommend you jump on this business opportunity.
But don’t just take my word for it. Go do your own research on the success rate people have with MLM. You’ll find everyone from the Huffingtonpost to the FTC warning of the dangers of getting involved with MLM.
There’s got to be an easier way, right?
Yes, there is. It’s called affiliate marketing. And it’s how you can build a thriving online business around your hobby or passion. And you don’t have to recruit people to build your business. Nor do you have to become a salesperson either.
And one of the best places to learn how to build a successful affiliate marketing business is Wealthy Affiliate.
They have all the training, tools, resources and personal one-on-one support all under one roof. In fact, it’s wealthy affiliate that has helped me build a multiple 6-figure a year passive income as an affiliate marketer.
And what’s great! You can check out everything wealthy affiliate has available absolutely free.
I hope you found this review helpful and I hope I answered any questions you may have had about Tranont.
If you have a question or a comment please feel free to leave it below and I’ll get back to you right away.
And if you did find this review helpful and enjoyed it please feel free to share it with your audience. And as always anytime you need a hand you can Email Me anytime.
I believe in you!!
Leo
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Hey it’s Leo. I’m the founder of Netwise Profits, and I’ve been making a full-time online income as an affiliate marketer since 2005. And as of 2012, I’ve been personally helping people turn their hobbies, passions, and interests into online incomes through affiliate marketing. And I can help you too.