Is Tranont A Scam Pyramid Scheme or Legit? My Honest Review
Over the past few years, an increasing number of people have heard about Tranont and how they can make money from it. While much of this has been positive, quite a large amount of it has been somewhat negative. There have been a variety of reasons why this is the case.
One of the most notable of these is that many people may believe that it’s a scam or a pyramid scheme. As a result, Tranont reviews are a relatively mixed bag, with many people not knowing what to believe. While research on tranont.com can be beneficial for some people, many others may want to see more than this.
Tranont Review Summary
Product Name: Tranont
Product Type: Multi Level Marketing Company (MLM)
Price: $150+ per month
Summary: This appears to be just a bad business opportunity for quite a large number of people. While there could be money to be made for those at the top, this isn’t going to apply to a large number of people who sign up for it. Even compared to many other MLMs, this isn’t one of the more effective or well-known. I suggest you skip this program and join my FREE recommended affiliate marketing training thats proven to make money for thousands of student.
There are quite a large number of reasons for this, with many people wondering whether it’s something that’s worth investing in. However, many people might not know where to begin with their research. There are a variety of things that many people might need to know before they make up their minds about it.
This is especially true when you consider the variety of fees that can be associated with the business. As such, it’s worth a deep-dive into the company to see whether or not it’s a scam or if it’s worth your time and money.
What Is Tranont?
The first thing that the majority of people should know about is what Tranont actually is. This is a multilevel marketing company (MLM) that seems to operate quite differently than many others. While the majority of MLMs stick to the same industry and sell similar products, this isn’t the case here.
Instead, it looks as though Tranont sells products that seem to be completely unrelated. While it has many of the health products that many people might expect, it also sells quite a large number of financial products and services. Typically, such firms will concentrate on one industry or the other. It’s rare to see one that sells both.
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The company is based in the United States and is run by Lorne Berry. While the name may not ring a bell for the majority of people, it’s something that they should be aware of before signing up for the company.
This is because, despite selling financial services, he declared bankruptcy several years ago after accumulating close to $1,000,000 in personal debt. This could be a warning sign for a variety of people.
Is Tranont a Pyramid Scheme?
Naturally, quite a large number of people will wonder whether or not Tranont is a pyramid scheme. This is especially true because it’s an MLM, which can often operate quite similar to one of these scams. However, this doesn’t appear to be accurate, as many people may throw around the term ‘pyramid scheme’ quite liberally.
Despite this, it can be easy to see why many people might think that this is the case. The main reason for this is how the majority of people who sign up for the company will make their money. Typically, this will be done through recruitment. This will result in a person creating what’s known as a downline or team.
With this, recruiters will earn a commission based on their team’s sales. Alongside this, a person’s team members will be able to recruit their own group, with this going on and on. Throughout all of this, commissions will continue to make their way upward.
As such, it’s not the hard work and sales that a person makes that will determine how much money they make. In contrast, their position in the pyramid will be the larger factor. However, Tranont isn’t exactly a pyramid scheme, with there being one notable reason for this.
This is because people who sign up for the company may be able to make money without recruiting. To do so, they’ll need to sell the firm’s products for a retail commission. However, the majority of people who make a decent living with the company will have done so by creating a downline.
The success rate is not that high!
Not all multilevel marketing companies are bad. In fact, there may be a variety of them that are relatively above board and allow people who sign up for it to make a living. However, this isn’t as common as many people may believe, and might not be the case with Tranont. This is primarily because almost three-quarters of the people who join MLMs will lose money.
This means that the odds will be stacked against the majority of people. However, this could lead to quite a large number of people believing that the remaining 27% who make money with an MLM will make large profits. However, this doesn’t appear to be the case with the majority of them.
While some will just about break even and make a slight profit, that appears to be all that they get. According to the majority of reports, people who make money with a multilevel marketing firm will only make a fraction of what they think they will. In many cases, this works out to approximately $200 per month.
While this is better than making a loss, you’d see much more of a profit by working at a minimum wage job elsewhere. This is the main reason why the majority of MLMs have gotten a negative reputation.
Though many of the people at the top of the company could make a lot of money, it’s relatively rare for people to get to this position. This could mean that less than a fraction of the people who sign up for an MLM will be able to make a living off of it.
How much does it cost to join?
One of the benefits of joining an MLM is that there typically aren’t many start-up costs, especially when compared to starting a more traditional business. While brick-and-mortar stores tend to have a much higher success rate, they can cost $100,000 or more to establish.
Though Tranont costs are significantly less than this, it’s still one of the more expensive MLMs to join. This is because there are a variety of costs associated with signing up for the company and maintaining membership. There are a few notable expenses, including:
- Activation Fee: Upon signing up for Tranont, you’ll be expected to pay a $99 activation fee. The company claims that this is to help sort out serious applicants from those who simply want a discount on products.
- Monthly Fees: Members will be expected to pay approximately $25 per month for access to tools and support.
- Product Purchases: You’ll be expected to pay a certain amount every month for various product subscriptions, although this depends on which products you decide to sell. The Tranont Health package costs $150 per month, while the Wealth and Builder products cost $125 and $250, respectively.
These fees can add up quite quickly, although some of it could depend on which products and services you decide to sell. However, you could see yourself spending $2,000 or more every year with the company. This is one of the main reasons that quite a large number of people lose money when they join an MLM.
Tranont Compensation Plan
MLMs typically have quite a complicated compensation plan, although Tranont seems to take it much further than most. Much of this is because there are a variety of product types that the company offers, which could add a certain amount of confusion. Coupled with this is the fact that what you can make could depend on rank, terms, and much more.
However, there are two main ways that you should expect to make money from Tranont, including:
- Retail Commissions: This is the part of Tranont that means that it shouldn’t be a pyramid scheme. How much you can make here depends on what rank you hold within the company, as well as a variety of terms. However, you could expect to make up to 35% of each sale, although which products you’re selling can also play a role in this.
- Residual Commissions: This part of Tranont is what makes it quite similar to a pyramid scheme. Essentially, how much you make from this part of the business depends quite significantly on how many people are in your downline. As such, this can vary quite considerably over time. Alongside this, how much you make here can also depend on how much your team sells.
There can be a variety of other bonuses that you might be able to make with the MLM, with these being seen depending on recruitment and sales targets, among others.
What product does it offer?
Quite a large number of people may be curious as to what products Tranont sells. As already mentioned, there are two main categories that these are broken into, with there being a variety of products within them. These are:
- Health: There are a variety of Tranont health products on sale, with these primarily being healthy drinks. These are relatively expensive, especially when compared to the drinks that many other MLMs offer.
- Finance: Tranont also sells a variety of financial services, with these including estate planning, tax help, identity theft protection, and credit services. These are typically broken into a variety of different packages. However, the more common of these is the Business Smart Package, which includes each of these services.
There can be a variety of costs associated with both of these services, with these also affecting how much you might earn from them.
Is Tranont a Scam?
Quite a large number of people may believe that there’s a Tranont scam. However, this might not necessarily be the case. While quite a large number of people may be wary of a multilevel marketing company – and for good reason – this doesn’t have to mean that it is a scam. However, there could be a large number of negatives associated with the company.
However, this doesn’t necessarily mean that the company is as bad as some people may make it out to be. To be considered a scam, the firm would have to intentionally lie to or mislead the people that sign up for it. This doesn’t appear to be the case with Tranont.
In contrast, this appears to be just a bad business opportunity for quite a large number of people. While there could be money to be made for those at the top, this isn’t going to apply to a large number of people who sign up for it. Even compared to many other MLMs, this isn’t one of the more effective or well-known.
While being an MLM may lead to many people thinking of the Tranont as a pyramid scheme, this may not necessarily be the case. However, it’s still something that may be best left avoided for the majority of people. There are quite a large number of better opportunities out there, which should mean that the Tranont pyramid scheme is best left avoided.