Tranont MLM Review: Money Maker or Money Pit?
9-5 jobs are often dull and blood-sucking. That is why most people try to devise a way to generate an extra head of income. You might have heard about Tranont from a webinar, online workshop, or in a one-person meeting, and you are whirling in puzzlement and want answers. Well, luckily, you have landed on the right page, as this Tranont MLM Review will clarify everything!
After the emergence of the worldwide covid-19 pandemic, people have become more conscious about their health. Covid-19 not only took people’s lives but also ruined them financially. It has taught people the more income streams are, the better.
Well, here is where Tranont, a multi-level marketing company, comes in to play its part. The internet is stuffed with Tranont MLM Review because this company is selling something that the world values the most, and that is: Health and Wealth.
In my thorough research, I have waded through all the raw data available on the internet and sorted it out for you. Read this unbiased Tranont MLM Review, and there will be nothing you don’t know about this MLM.
Check out my MLM review section to learn more about MLMs.
Who are We
Eve Pacific Media is an affiliate marketing firm that provides support and guidance to those contemplating or who have chosen to become content creators. We help aspiring bloggers, content creators, and affiliate marketers with their strategies.
My relationship with multi-level marketing or network marketing started in the late 80s. I have had involvement with Shaklee, Primerica, Amway, and, yes, the infamous Consumer Buyline. I enjoyed various levels of success. Back then, I aspired to become an MLM or Network Marketing Pro.
Savvy top MLM earners would build massive downlines, breakaway, and move to programs with the most lucrative opportunities during that era. This was a common practice before many States barred those multi-level marketing schemes.
Our goal at Eve Pacific Media is to use my vast experience to benefit others with a series of reviews of multi-level marketing companies.
What is Tranont MLM?
Tranont is a multi-level marketing company. It came into being with a vision of empowering people financially and healthily. The thing that distinguishes this MLM from all the others is that it has a compound niche to offer. Usually, MLM-based companies have a single product line, but Tranont MLM provides you with two:
- Health products
- Finance services
Furthermore, the company headquarters is in Utah, USA. Lorne Berry, the CEO, and founder created this company back in 2014. Tranont has been working with an MLM-based system for 8 years now and has made its mark. The company calls itself ‘unique’ as it pretends to work for the collective good of society.
As far as the founder- Lorne Berry, is concerned, he has been working for 10 years in the real state sector prior to starting his own company. He has also been part of investments and partnerships in many famous restaurants in the USA. So we can say that he is not new in the marketing world.
In addition, he has also helped many international organizations to expand and grow their business in the Asian Markets. During his training and campaigns, he has seen a lot of people struggling with financial survival.
And that is why he came up with the idea of building a company that could help people make a better life. Doesn’t it seem too good to be true?
It might sound odd to mention here that this so-called welfare-based company was involved in many legal controversies. For example, in 2017, a Civil Action Lawsuit was filed against the company, accusing it of deception, defamation, and wiretapping.
Furthermore, the founder-Lorne Berry, was himself filed and charged with bankruptcy for approximately $1,000,000 of debt in 2013. You must be going places after reading this! Well, don’t stop; there is still a lot to enlighten you with.
Are Tranont Products Worth Their Price?
As mentioned before, Tranont offers two categories of product lines. Unfortunately, as most MLMs do, they also sell these products at a dang expensive rate. However, a layperson can easily find these products at a 5x cheaper rate in the market.
So before deciding if the products are worth their prices, let us dive in to know the detail of what products actually are.
Let’s have a look at health products first; these may include:
Life
It is an enzyme supplement that they claim to be rich in minerals and vitamins. It also helps nutrition and general health of the body. A bottle containing 90 capsules can cost you $45.
Vibe
This is a health supplement that contains Vitamin B with a blend of Ginkgo Biloba, DMAE, Yerba Mate, Huperzine A and Rhodiola. They claim that Vibe provides metabolic support with more mental clarity and physical adaption. Unfortunately, 90 capsule bottle costs you as much as $45.
Icaria Glow
The company claims that this drink contains antioxidants. In addition, this drink glows up your overall appearance by reinvigorating your nails and hair. Sadly, you will have to pay $49 for only 9 servings.
Restore
As far as Tranont Restore is concerned, the company states that this product helps and supports in fast health recovery, robust immune system, and protein digestion. A bottle of 90 capsules costs you $50.
Balance
It is a bottle containing 90 capsules that are rich in chelated minerals, proprietary amino acids, phytonutrients, and antioxidant properties. It helps you to have a balanced diet. And this product costs you $50 for a bottle.
Moreover, Tranonnt MLM also provides subscription services of third-party merchants, and these Finance Services may include:
- Legal Help
- ID theft protection services
- Tax Services
- Healthcare Services
- Access to TaxBot
- Credit Services and Education
You can choose these services separately every month or as a whole. A collective service package will cost you an amount of $125 every month.
Furthermore, Tranonts products are over-priced, and to add more fuel to the fire; they are not evaluated and even approved by the FDA. And buying a 5x pricy and unapproved product will be as foolish as it would be tragic. So it will be thoughtless if I say Tranonts MLM products are worth their prices.
Tranont MLM Opportunity
As Tranont is an MLM-structured company, it does provide its members with multi-level marketing opportunities. Because the company sells two lines of products, its members have the double benefit of being a part of it.
To explain more, the distributor can either sell the health products or wealth services. Luckily, they can even sail the dual boat if it pleases them.
The company allows its agents to have the flexibility and freedom regarding starting their own business and making money. But, conventionally, Tranont MLM also follows the MLMs tradition by allowing its agents two ways of generating income, and those are:
- Sign up, become a member, buy products and sell it to earn a commission.
- Become the company’s spokesman and recruit people to your downline to earn bonuses
How Much Does It Cost to Join Tranont MLM?
Like the products, the cost of joining Tranont MLM is unexpectedly high. First of all, you will need to register your email and then fill out the online form. While completing your form, you will choose one of the company’s three plans.
These plans are:
- Base Plan ($349)
- Gold Plan ($599)
- Platinum Plan ($1499)
The company will require you to pay the fee immediately; otherwise, your application will not proceed forward. Furthermore, you will have to pay $49 as an annual membership fee to keep your account alive and active. It does not stop here; the company will also ask you to pay $125 as a monthly fee just to remain eligible for commissions and bonuses.
So, in other words, the company will demand more from you than it gives you.
Can You Make Money with Tranont MLM?
Yes, you can. Being an MLM-based company, it provides you with chances to earn money from it. However, sadly, on the official website, the compensation plan is somewhat confusing and perplexing, yet I have managed to gather data for you to understand how much you can earn here (if you can). So, here is the Compensation Plan:
Commission Qualification:
Not to mention again that in order to be eligible for the commission, you will have to remain an active member. For that, the company will ask you to submit $49 annually and $125 monthly.
Retail Commission:
If Tranont business executive sells the Wealth Core Services, he can earn up to 10%-30% commission. Then, this product will also be divided between the executive and the company. The commission amount the company lets you earn depends on the active subscription you sold for the company.
Tranont Jeep Bonus:
In order to win the jeep bonus, you will need to have one of the followings:
- Earn $1500 GV (Group Volume) and sponsor 3 recruiters with the same volume
- Earn $1500 PV (personal Volume) and own 3 customers with the same volume
Pros:
Company with a Vision:
Vision motivates the people. As the company was created in the name of social welfare, it is a better disguise than having nothing as a mission.
Two Niches Company:
Two niches mean two types of customers. When the company increases its products, it also increases its customer range. So if someone is not buying the products, the agent can try selling the company’s services.
Cons:
Expensive Company:
From starting up charges to product selling, everything this company offers is a white elephant for a middle-class person. Moreover, monthly and yearly renewal charges add fuel to the fire.
Confused Compensation Plan:
The company does not mention the income statement anywhere. So you never know how much you are actually earning. Furthermore, the compensation plan company has, gives nothing but confusion.
Is Tranont a Scam?
Tranont is not a scam. It is a company that seems to give its agent a chance to earn. But I will admit that Tranont is one the strangest MLM companies I have ever seen. Its product selling strategies, its monthly and annual renewal fees, and complicated compensation plan are beyond the understanding of an ordinary person.
Final Thoughts: – Tranont MLM Review
For me joining Tranont MLM is like entering a clown show where people do nothing but laugh at you. In trying to establish yourself, you will end up establishing the company. The option to join an MLM for financial independence is not an option at all. So I recommend you not to take a risk that isn’t worth taking.
As I discussed in this and other MLM reviews on my website, better options are available to join MLM companies for side money.
No time is better than now to start an online business, whether you want to make money on the side or quit your job. A traditional brick-and-mortar business costs you a lot more than an online business.
There are other ways to set hours, make money, and be in charge of your work schedule. Check out my number one suggestion if you want to start your own online business.