Tranont MLM Company Review
Tranont: An Complete Overview
| Established On | 2004 |
| Founder: | Lorne Berry |
| Industry type: | Private |
| Headquarters | Utah, United States |
| Products | Health and Wealth Care Services |
| Website | https://tranont.com/ |
A Tale of Tranont’s Journey
Tranont, a multi-level marketing business, was founded by Lorne Berry in 2014 to empower individuals to attain financial success while promoting physical and mental wellness. The company offers a range of products and services, including personal development tools, health and wellness products, and financial services.As of now, they have not been able to make waves in MLM. This is primarily due to a lack of available information regarding its multi level marketing (MLM) stock.
Tranont’s success is not just about its products or services. It’s about the people who are part of the Tranont family – the independent associates, leaders, and employees who work together to create a culture of growth, positivity, and support. Tranont’s commitment to providing a positive and supportive environment for its associates is reflected in its training and development programs, which focus on personal growth and financial education. Over the years, Tranont has continued to grow and expand its offerings. The company has received several accolades, including recognition as one of the fastest-growing MLM companies. Tranont has also expanded its operations to several states and countries, making it a global company.Is Tranont a Scam?
Although there are conflicting opinions about Tranont online, it can be assumed that the organisation and its management are ethical. The yearly and monthly dues needed to keep an active membership, however, can be a strain. Nevertheless, with patience and hard work, Tranont’s compensation plan may turn out to be a golden goose, making the investment worthwhile. No pain, no gain, as the saying goes.Tranont Products
Tranont acts as a platform for providing third-party merchant subscription services such as “Wealth Core.” And these include:
- Tax Services
- Legal Help
- ID theft protection services
- Healthcare Savings
- Credit Services & Education
- Access to TaxBot etc.
For a fee of $125 per month, customers can subscribe to a package of all the services offered. Alternatively, they have the option to choose individual services each month. In addition to these subscription services, the company’s primary products consist of nutritional supplements.
Some of their nutritional supplement products include:- Icaria Glow: It’s a collagen drink with antioxidants.
- Life: A health supplement capsule rich in vitamins and minerals.
- Balance: It combines whole foods packed with phytonutrients and minerals with additional antioxidant properties.
- Vibe: It’s a vitamin B supplement.
- Restore: The company claims that this product helps with quick health recovery, digest proteins, and build a healthy immune system.
Compensation Plan
The compensation plan outlined on the Tranont website seems to be very confusing. The Tranont compensation plan gives you a variety of ways to get paid, with seven different options available.
Commission Qualification
The business executives of Tranont will only be qualified to get commissions if they stay as “active” members within the company. To stay “active,” independent business owners should pay an annual renewal fee to Tranont. Another criterion they need to qualify for is to acquire a Personal Volume (PV) of 100 every month and should also pay an annual renewal fee of $49. This criterion becomes a total contradiction with another section mentioned in the compensation plan, which explains that the executives should purchase a minimum subscription plan of $125 and generate 100PV every month.
Another criteria they need to qualify is to acquire a Personal Volume (PV) of 100 every month and should also pay an annual renewal fee of $49.
This criterion becomes a total contradiction with another section mentioned in the Compensation Plan, where it explains that the executives should purchase a minimum subscription plan of $125 and generate 100PV every month.
Retail Commissions
When retail customers purchase wealth core services from Tranont, the company’s executives can earn commissions ranging from 10% to 35% on the sale of the retail products. And the 30% profit gained through the retail commissions is divided between the executives and the company itself. The number of active company subscriptions you have sold determines the percentage amount you receive. For instance, if you have 1-10 active accounts under your name, you will receive a 10% commission. On the other hand, you will earn a 15% commission for 11-20 active accounts. Further, members who have more than 21 active accounts will receive the full 30% commission. You will be rewarded really well if your customers buy an expensive plan, and as the plan is less expensive, the commission also decreases as such.
And the 30% profit gained through the retail commissions is divided between the executives and the company itself. The percentage amount that you earn depends on how many active company subscriptions you have sold.
For instance, if you have between 1-10 active accounts in your kitty, then you will be provided a commission of 10 %. And if the number is between 11 to 20 customers, you earn a 15 % commission. Members who have more than 21 persons active, will get the full 30 % commission.
You will be rewarded really well if your customers buy an expensive plan, and as the plan is less expensive the commission also decreases as such.
Joining Tranont
To be an active member of the Tranont group, you need to pay an annual fee of $49. Additionally, you will also need to buy any one of the 3 plans given below:
- Base Plan (costs $349)
- Gold Plan (costs $599)
- Platinum Plan (costs $1499)
Final Thoughts
Tranont is a well-known multi-level marketing company with trustworthy leadership. But it’s important to remember that in order to receive commission payments, active executive members must pay a hefty price both monthly and yearly. Thus, thorough research on a variety of MLM companies is essential to reducing potential pitfalls and improving your chances of success in this industry. This will make it possible for you to choose the option that perfectly matches your goals. Always remember to “look before you leap.”Meet The Author
November 15, 2024
