Tranont is a multi level marketing company established in 2014.
As this company specializes in promoting financial, legal, and health orientated services through third-party merchants, you may have stumbled on this page because a family member or friend recommended you to join and referred to it as being a GREAT BUSINESS OPPORTUNITY!!!
The truth of the matter is that you have been presented with this opportunity by someone you know because the best chance to earn an income within Tranont comes from recruiting others to join.
That fact leads to all MLM companies being labeled as pyramid schemes, but I will not label Tranont as such. That is due to the fact that it is possible to make an income from selling their products.
So to know whether or not this business opportunity is right for you, this post will provide full details on what is Tranont about and all it has to offer. I must share the fact that I am in no way associated with the company and I am in a position to share this review due to past experience with another MLM company called World Ventures.
In striving to make a passive income in the past within that MLM company and other past business failures, internet marketing has proven to be a success and is the best way to go about marketing products and services.
MLM companies will turn you into that annoying friend that harasses everyone you come across to join or buy into something.
It’s a known fact that there is a low success rate for members within Multi-Level Marketing Businesses and if you consider joining it would be in your best interest to learn everything you can regarding marketing online to reach a wider audience instead of being limited to the people in your circle.
If you want to learn how to market products online for the best chance of establishing a passive income and live a more free lifestyle, subscribe with a question on how you prefer to go about marketing online. Do you like to write and if so build an online business blogging, or would you prefer to market products online without building a website?
Now it’s time to get to the review of Tranont and see if it’s the right opportunity for you.
What is Tranont About?
Based in Lehi, Utah, Tranont was founded in 2014 by Lorne Berry who had prior experience working with large real estate companies. In educating clients on real estate and market investments, he also once partnered with different restaurants to help their business grow and expand into Asian markets.
Although he has experience in educating and working with others, he has no prior experience in the multi-level marketing industry.
Tranont is one of the more expensive MLM companies to consider joining. You must first pay a $99 activation fee which will allow you to get discounts on their products. Then there is a monthly fee of $25 to get access to their support system and business tools. After that, you must purchase a pack of products based on what you selected upon signing up. The options of packages are detailed below:
- Health – $150 a month
- Wealth – $125 a month
- Builder – $250 a month
These fees can add up and is the main reason why many people fail with this company.
MLM companies usually have a compensation plan that is complex and hard to explain. Tranont is no different in that regard, so for an understanding of how confusing it is you can check out the video below.
When it comes to getting paid the only thing you must focus on is recruiting and selling.
Tranont offers products in two completely different markets which includes the financial spector and health.
Tranont’s health products are shown in the image below:
Products offered through Tranont includes coffees, healthy drinks, creamers packed with amino acids, and supplements that have antioxidants to support joint health as we age.
These products are quite expensive and there are more affordable options in the competitive health and wellness market.
The financial services offered includes the following:
- Credit services
- Tax help
- Identity theft protection
- Estate planning
Tranont offers a Business Smart Pack which offers everything except credit services for $59 per month.
Pros of Joining Tranont
There is more to lose than gain in regards to Tranont’s business opportunity. The only thing that might be worthwhile is the business pack offered through their financial services.
Cons of Joining Tranont
- Low Success Rate
- Expensive Products
- Must Recruit to Make Real Money
- Complex Compensation Plan
When it comes to training on recruiting and selling products, Tranont has the same problem as most multi-level marketing businesses. The problem most members face when becoming a member of these businesses is that you are lead to believe their products are GREAT and STAND OUT from the REST and HOW GREAT it would be to INTRODUCE this to your FRIENDS and FAMILY!!!
If you are an owner of any business, especially nowadays with the Covid situation, you need to know how to MARKET ONLINE. Tranont’s training methods are just one of the many reasons why most people fail. It doesn’t help that their health products are expensive which makes it a hard sell for those that are conscious of how they spend their money.
Tranont is not a good MLM company to consider joining. Recruiting a family member or friend can ruin a relationship which is something that happens every so often when talking about multi-level marketing. Due to monthly expenses and other added costs, the financial loss is greater and so is the risk of a falling out.
There are some newer network marketing companies that understand the importance of marketing online and will teach you some social media strategies to promote their brand. Tranont does not offer such training to give you advanced knowledge for marketing online, and even if they did their services and expensive health products seem to be a hard pitch.
With that said, there are plenty of opportunities to make an income online which will require less work and can eventually replace your day job. For a chance to make a passive income to change your life for the better and take control of your own fate instead of having to rely on recruiting…
Now that you know what is Tranont about I wish you the Best of Luck In Your Business Endeavors.
If you have any experience with Tranont or have used any of their products feel free to leave a comment in the section below.