Tranont Review – Scam Or Pyramid Scheme?

tranont

Hello and welcome to my tranont review.

If you want an in depth review of this mlm company then you landed on the best page .

Whether tranont Is it health riches or a health pyramid scheme?

Maybe you want to know whether you can make money with tranont or not?So,I welcome you again and without wasting time let’s dive into it.

Before talking about it,I want to clear one thing.I am not associated with Tranont by any means and will not pitch you this company in this review.

This review is from a third party and completely unbiased.

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What Is Tranont!

Tranont is a unique MLM company which was founded in 2014.It has been in the scene for more than 6 years.

The reason that I am saying tranont “unique” is because that it offers products which do not relate with each other.

Usually all the MLM companies out there do this one thing very carefully.

They chose their niche and start making products on this specific niche.That’s it.But not with tranont.

The one part of tranont promotes products like health and drinks related.The other part of the company sells financial plans,real estate plans,credit and tax products.

If you want to check other mlms that are selling healtha and drinks products,then I reviewed health related mlm companies like Youngetivity,Melalueca and Jeunesse.

So,you can say that they are not relying on one niche..in this case they may add some more products from different niches too in the future.

Tranont is based in the USA and CEO of this company is Lorne Berry.

One thing I want to include about the owner is that he does not have a good track record.

He was filed bankruptcy in 2013 for almost $1,000,000 of debt.Wow just wow.

This is not a common thing.

I think that the is the first owner that I got to know has a bad track record amongst all mlm companies I reviewed.

By the way I have reviewed more then 400+ mlm companies on this website.

I also did make money from MLMs.You know what was the first thing I notice before joining any mlm?Owner’s credibility.

Is he even legit or a scam.Don’t get me wrong here.I am not saying that the owner is a scam.But he got a bad track record.

Is Tranont A Pyramid Scheme?

You know what all the people making money with MLMs say?

They say that money is in the downline.

This is very much true.Lots of people label Tranont as a pyramid scheme.But it is not true.

Tranont is a multi-level-marketing company from which people can also make money by selling products.

They can also make a downline or you can say recruit people in order to make money.

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Mlm and pyramids have a huge difference,The reason for me not labeling tranont as a pyramid scheme is that you are selling their products and services to others in order to make money with it.

This means that in pyramid schemes,there is one and only way for you to make money is by recruitng others.Or you are forced to recruit distributors by the company.

Totally different in Tranont.

Success Rate In Tranont

That’s the very bad part in this company.Most of the people are failing to make even a penny in tronant.

The failure rate is very high and the success rate is very low.

The failure rate is 73%.This means that 23 people that joins tranont make money out of 100.

The average of 23% people making money with it is $2400/month.This is $200/month.

If your income goal is $200/month then I highly recommend you to join tranont.Also you have to be ready for failure as the success ratio is as low as 23%.

Morever they are charging people to join and start making money with this mlm .

I am a bit surprised by this.Most of the companies that I did promote in the past were all free.

Why someone will charge people for promoting and growing their company?It kinda annoys me.

This company looks like Tai Lopez of all mlms.

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How Much To Join Tranont?

It is one of the most expensive mlm company to join.

You know mlms are much cheaper business model than to start a brick and mortar business.

Brick and mortar will cost you about $100,000.

Tranont will not cost you this much money but the success rate in brick and mortar business is pretty high.Now here is the breakdown of tranont compensation plan..

Sign Up fee

In order to activate your account with tranont you have to pay them $99 for no reason.This is just their activation fees.

This is because you will get access to all of their products and services and can promote them.

Moreover you have to pay them $25/month to get access to their tools and support system.

They have three kinds of packages for you.

You will pay them according to the one you chose.

  • Health – $150
  • Wealth – $125
  • Builder – $250

These are the monthly fees of each of the membership levels.

So,the member will have to spend a minimum of $2000 for the first month after joining tranont.How much they will make after getting success?$200/month.

Tranont Compensation Plan!

Well here is the complete breakdown of compensation plan of tranont.

I did not got it honestly.Tranont has a very bad compensation plan structure.

Most of the people if somehow making $200 do not even know where it is coming from.From which product and how.Most of mlms tend to do this delibratelty and I saw this kind of compensation plan in almost 80% mlm companies.

If you want to know about it go here.

As I said before that tranont has two kinds of products.

Health and finance.So,they also have different compensation plans for each one.

Retail Commissions

As I said that Tranont is not a pyramid scheme because of this part of the company.

It is simple,you can make money by selling their products to other people.

With each product you will earn a commission.

The commission amount is upto 35%,depending on investment you make.

Residual Commissions

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This is the part for which most of the people are saying tranont a pyramid scheme.

Basically you will just earn commissions for recruiting people and this goes on and on.

This will never stop,you recruit one,the one you recruited recuits another.

This is why pyramid schemes keeps on growing day by day.

Recently I saw a pyramid scheme that got huge success in CHINA.

The Owners made $2 billions…Success.

They are headed to jail in August 2020..Failure.

And this is the reason companies like tranont do not stop and making strong hold in this industry.

There are four levels of tronant’s affiliate.

Fourth level is a joke.I think the person in the third and fourth level may earn $5/month.

Tranont Product Line

Tranont product line can be classified in two different ways.

One is health and the other is finance services.

First talk about the health ones..

Health

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Here is the list of products in health niche.The health products contain different health products with different benefits.

  • Icara
  • Life
  • Balance
  • Restore
  • Vibe

These products are not cheap and will cost you $50 for two ounces.So,you are paying them $5 per serving.

I do not know why people are going to buy something from you when they can easily buy the same product from Amazon and that too 5x cheaper.

Financial Services

The products included in this are as below..

  • Credit services
  • Tax help
  • Estate planning
  • Identify theft problems

Yes,you can buy all these service from the plan I talked above,just for $59/month.

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What I like About Tranont

To be honest,not a single thing.

What I Disliked About Tranont!

There are quite a few things that I hate about this mlm.

These are the things that I really hate in tronant and recommend you to not join it.

1)Success rate is too low!

I do not think that people invest their money in tranont acutally made it back.Froget about making extra cash from it.

This is because the success rate of torrent is too low.

Failure ratio is as high as 73%.WOW

2)Products Are Not Cheap!

Product of this mlm is very expensive.It looks like that it is a pay to play program and that is why I do not recommend it.

3)Support

The support is not supportive at all.

People are complaining about this multi-level-marketing on different platforms like BBB.

Compensation Plan!

Their compensation plan is very complicated.I think that if you somehow manage to make money from tranont.

God knows which product you sold.

10 Shocking MLM Statistics That You Need To Know!

  • Almost 99% participants of all multi level marketing companies lose money,According to the FTC.
  • There are 38% more chances of you profiting from your own any kind of small business? than joining these mlms.
  • Success Rate of online business,which will give you financial and time freedom,is 20% more than joining mlms for making money.
  • The odds of you winning a lottery worth $10k among 10,000 people is 300 times higher than actually making money from mlms.
  • According to the AARP foundation,47% distributors of all mlms lose their money,apart from this 27% do not make a single penny.
  • Remaining 26% that actually make money,53% of them make less than $5000/year.
  • 39% among those 53%,who are making $5000/year quit because recruiting and selling crappy products to friends and family members jeopardized their relationships.
  • Forget about building a long term business with mlm,because 50% of all mlms participants quit within one year.
  • 75% people that join mlms say that they will never ever join any kind of mlm.
  • A poll was conducted in 2018 among 1050 mlms distributors and it was found that most of them makes 70 cents an hour and 20% of them did not make a sale.60% of them makes less than $500 in sales over the past 5 years and 32% of them acquired credit card debt to finance their mlms involvements.

SOURCE:

Is Tranont A Scam?

So,here is the answer to a question you probably searched on google.Whether tranont is scam or legit?

No,tranont is legit and you can make money from it.The fact is to earn money you have to spend 10x money.

And I highly doubt that you can acutally make this money back.

Usually,I do not recommend mlms to my readers.

I think that it is the worst business model to start in 2020 and moving forward.

Mlms are destined for failure,Mlm =  Waste of money.

Tranont is structured like this.The only person that is going to make money in Tranont is the owner of the company.

When you loose money,the owner of the company makes money

You are company’s best customer.And their most revenue comes from you,other then this 73 to 99% failure ratio is something that I am really concern about.

To be really honest with you,I hate selling to my friends and family members.They are the least people that are going to believe in you.

And recruitng is the hardest part in any business.

I do not recommend mlms because this is not scalable,sustainable and long term business model.However I can recommend you lead generation.

I highyl recommend to start a lead generation business starting from today.This is the best business model to start in 2020 and moving forward.

In this you have to generate leads for business owners.Let’s say you generate a lead to a dentist and he made $1000 of it,he will be more then happy to pay you $100 for that.

And what if you can generate him 100 leads a day.

or maybe even more?This is $$30,000/month.

A long term,sustainable and scalable business model.

Most of our students are doing $100k/month.This is because it is repeatable process,we will even teach you how to outsource all your work after building and putting hard work to build a business.

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That’s it for today’s review.

if you have any question,ask below and I will do my best to reach out and answer every question myself

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