Today’s topic of discussion would be yet another MLM, but this time it won’t revolve around the health and beauty niche just like most MLMs do.
The company that we would be talking about today is called “Tranont” and is primarily a network marketing company but one that deals with two sets of product categories.
One offers the usual health products, and the other offers wealth products, i.e., financial services. This is quite a weird but still an exciting combination of a product line, especially when it comes to an MLM.
Need Better Option Than MLM?
Check How I Make Money Online!
Companies have also slowly and gradually come to realize that offering products only in one category might not suffice to the success an MLM needs in the market.
Hence they want to dive into as many products or services as possible to open more gates of opportunities for not only them but also for the people who become their associates.
Let Us Get In Detail Of What
Tranont can be called a different and unique multi-level marketing or network marketing company. It offers a wide array of products to its customers, including both health products and also financial and wealth products/services.
The company’s headquarters, which are based in Sandy Utah, USA, was founded by Lorne Berry in 2008.
But, in 2013, Berry was in the news for going bankrupt with the accumulation of personal debt worth nearly 1 million US dollars.
Let Us Now Dive Into Knowing
Tranont’s Product Line
As mentioned earlier, Tranont can be called different for a different range of products., since most MLM companies focus on one product line such as Nu Skin, My Daily Choice or Modere
It offers right from health products to wealthy products; Tranont tries to establish itself in both the product categories with its products/services. But, it is also essential to know that the company as a whole offers products that are entirely unrelated to each other.
For example, with offering wealth products, they also provide tax products, identity protection, credit products, etc.
Anyway, first let us know their health products:
- Life – this food capsule supplement helps in gathering nutrients from the food an individual eats.
- Vibe – this is a dietary supplement of Vitamin B for providing energy throughout the day.
- Balance – these capsules offer antioxidants, patented amino acid chelated minerals, and phytonutrients.
- Restore – this dietary supplement boosts immunity, helps in fighting against illnesses, etc.
- ICARIA Glow – a drink that rebuilds and rejuvenates skin, hair, and nails.
- ICARIA Radiant – this dietary supplement heals the body cells with Vitamin E, tocotrienols, and geranylgeraniol (GG) from the Amazonian annatto tree.
- TehnoBoost – these capsules help in improving the cardiovascular system and also increase nutrient flow in the body.
Financial services that Tranont offers:
- Tax services
- Legal services
- Id theft protection
- Access to TaxBot
- Credit services & education
- Healthcare savings
What is imperative here to understand is that people who wish to do business with Tranont must also have an interest in selling financial services; otherwise, a person not know the field can fail at this miserably.
How Can You Get Started
It goes without saying that every MLM comes with a joining fee and Tranont too charges $99 as their activation fee.
In addition to that, as their official distributor, you will also be required to pay a recurring fee of $25 every month for getting the business tools and monthly support. And, of course, the starter packages fee is another expense that you will be required to spend.
Tranont offers three starter packages:
- Health – costs $150 per month.
- Wealth – costs $125 per month.
- Builder – costs $250 per month.
What Is The Compensation Plan At Tranont, And How Can You Earn With Them?
Tranont has five ranks in its compensation plan, namely – Agent, Director, Senior Director, Vice President, and President.
To achieve these ranks, different requirements need to be fulfilled by a distributor in terms of recruiting other agents and maintaining personal and team points as per the respective rank.
You can start your own online business without buying expensive packs.
Click HERE and I show you how!
Other ways through which you can earn from Tranont:
- Retail profits – you can earn up to 35% commission for selling the products at a retail price.
- Residual Commissions – the more you recruit others, the more you earn commissions from each sale made by your downline.
- Commission Qualification – to be eligible to earn commissions, an affiliate must maintain 100PV in total obtained by purchasing products.
- Preferred Contract Commissions – depending on your rank, you can earn commissions for selling contracts.
- Leadership Bonus – based on your rank, you can get the qualification of the shares.
- Builder Core Bonus – for signing up to a builder pack and getting at higher ranks in a specified period, you can earn bonuses.
- Bonus pool – after becoming a certified writing agent with Tranont, you can earn a 5% bonus.
- Jeep Bonus – for getting a jeep bonus of $600 in the insurance compensation plan, you must either get 3000 PP plus 15,000 TP per month or maintain a 12,000 PP every month.
If you want to check out their compensation plan for yourself, you can find it here.
PS. You can start your own online business without selling or recruiting. Click HERE and find out how!
What Is Likable About Tranont?
There is not much that can be considered as a positive aspect of Tranont. Just, it is a unique MLM offering a variety of products ranging from health to even financial services.
What Is Dislikeable About Tranont?
- Low income earning potential as on an average 99% of the distributors lose money ( according to Due.com) instead of making some in an MLM.
- A lot of negative feedback from not only customers but their distributors also.
- Do not provide any Income disclosure statement.
- Products are not backed or approved by the FDA.
- The joining costs are too expensive added with a lot of recurring fees and the expense of their starter kits as well.
- The founder of the company had gone bankrupt a few years ago.
- Have an extremely complicated compensation plan for anyone to understand.
Is Tranont A Scam Or A Pyramid Scheme?
Tranont is neither a scam nor a pyramid scheme. Scams are companies that can run away with your money.
Pyramid schemes are when a company has no product to sell and operates only by recruiting others in the business.
However, Tranont neither runs away with people’s money, nor it solely depends on recruiting. It has actual products and services to be sold and is a legit MLM company.
But, since it is only an MLM company at the end of the day, it will always have the risk factor, which may lead to only making more significant expenses but not earning anything in return.
Also, Tranont is not among the leading MLMs that can help you earn decent amounts. And, companies like Tranont with extremely low success rates must be given a miss.
Is There A Better Business Opportunity?
A much better option of earning income from home is through Affiliate marketing where you don’t need to recruit anybody; in fact, you are your own boss.
We live in the 21st century, and our lives are drastically different from 1950 when MLM was invented. If you want a successful business, focus on your online business.
You can, like me, launch an affiliate website, you can promote any products you want from any company, so why sell such a limited product range?
Commissions for affiliates range from 5% to 75% and include digital products, Amazon products, and recurring services.
Last year, with my affiliate websites, I generated 4 figures each month and I can show you how to make them using the same training.
Of course, you can promote whatever you want and keep all your earnings (don’t share it with your upline).
Affiliate marketing is much easier to understand and makes you earn good income monthly, which only requires your marketing skills online.
But don’t worry. If I, as a single mother with three children, without prior education, managed to learn how to make serious money online, you will succeed, too!
Sign up for my 6-day free course and take your fate into your own hands!