The rise of a worldwide pandemic like Covid-19 taught people to be more concerned about health and wellness. Well, here’s where Tranont, one of the best among top network marketing companies, comes in. Tranont has been in talks among MLM enthusiasts for quite some time now.
Lorne Berry, the Founder and CEO of the Company started Tranont in 2014 in Utah in the western United States. Tranont was founded as a company providing services in health and wellness sectors working under the Multilevel Marketing Business Model.
Name | Tranont |
Founder | Lorne Berry |
Year Founded | 2014 |
Type | Health, Wellness & Wealth MLM Company |
Website URL | Health, Wellness & Wealth MLM Company |
Maketimeonline.com Rating | 18 out of 100 |
Price To Join | $99 start-up fee + product packs of $125+/ month |
Tranont Company is unique in the multi level marketing Industry because it has two distinct types of products, unlike most other mlm companies, which offer only a single product line.
Tranont offers two types of products and services:
Finance services
Health products
In Products, the Company has credit products, wealth products, and tax products, among others. In services, they offer tax services, Id theft protection, legal services, healthcare saving, etc. In addition to the products and services, they also offer health supplements such as Icaria Glow, Life, Vibe, etc.
Customers have the option to subscribe to a comprehensive package including all services for a monthly fee of $125. Alternatively, they can opt for individual services on a monthly basis. In addition to these subscription offerings, the company’s core products revolve around nutritional supplements.
There are three main ways to get paid from Tranont:
Get commission from selling products to customers
Build a team of Tranont MLM recruits
Get bonuses from becoming a certified, licensed agent
The Compensation plans given on the website can be a little confusing, but here’s the outline
Additionally the Company employs a plan called “ Tranont Jeep Bonus” To become eligible for the jeep bonus, you need to do one of two things:
It’s also worth mentioning that there is a contradiction in the Company’s website on the explanation of their compensation plans that is while it is said in one part that to be an active Tranont Associate, you need to pay the yearly renewal fee of $49 and attain 100 PC within any given month, another part of the comp plan says that affiliates must buy a $125 subscription plan and generate 100 PV per month.
Retail Commissions – The wealth core services from Tranont offers the company’s executives to earn commissions ranging from 10% to 35% on the sale of retail products. The 30% profit derived from retail commissions is then divided between the executives and the company. The percentage of the profit that you receive depends on the number of active company subscriptions you have sold. Your rewards are significantly higher when your customers purchase an expensive plan. Conversely, as the plan becomes less expensive, the commission also decreases accordingly.
For example, if you have between 1-10 active accounts, you will receive a 10% commission. On the other hand, for 11-20 active accounts, you earn a 15% commission. Furthermore, members with more than 21 active accounts will receive the full 30% commission.
Ok, want to know how to join?
The Company requires you to pay an activation fee of $99 to become an active member and another $25 every month to earn business tools and support.
Additionally, you will need to pick one among the three packages given below.
Wealth Package – $125 per month.
Health Package –$150 per month.
Builder Package – $250 per month.
Pros
Cons
No, Tranont is a genuine company with legit products, and it cannot be considered a pyramid scheme because you can only make money from selling their products. The Company has been in business for about six years now, so it’s certainly not a scam.
But is the opportunity right for you? That’s upto you to decide.
Do thorough research about the market networking companies, read through both positive and negative tranont reviews, go through the compensation plans and commission calculation in detail and then make an informed decision. It is essential that you spent some time doing your research to find the right companies in network marketing before joining any MLM business that way, you don’t end up losing your time and money.