Thanks for stopping by to read our Lets Multiply Review.
Looking for a unbiased Lets Multiply Review? You’re in the right place. Today we are looking at this MLM opportunity and we are going to share our full review. If you’re wondering whether it’s a scam or a legit company keep reading as we will reveal everything. Also we are not affiliates for Lets Multiply Review so you can expect and honest review and not just another sales pitch like other reviews do!
Lets Multiply Review
Lets Multiply gives no information about who runs or owns the business on their website.
On September 26th, 2016, the Lets Multiply website (“letsmultiply.com”) was secretly registered.
As usual, if a MLM organization is not transparently upfront about who is running or owns it, take some time to consider joining as well as giving over any cash.
Lets Multiply Products
With affiliates just able to market their affiliate membership, Lets Multiply has no retailable services or products.
The Compensation Plan
Lets Multiply associates buy $10 positions in a seven-tier matrix cycler.
Matrix sizes utilized in Lets Multiply’s cycler comprises 3×2, 3×3, 3×4, 3×5, 3×6, 3×7 and 3×8.
A 3×2 matrix puts an affiliate at the highest point of a matrix, with three positions right under them:
These three positions makeup the first level of the matrix. The second level of the matrix is formed by separating these first three positions into additional three positions each (9 positions).
The third level is of the matrix is formed by separating the nine level two positions once again (27 positions).
A 3×4 matrix adds an extra fourth level to the matrix. A 3×5 an extra level again and so on.
In a 3xx matrix, each new level is formed by multiplying the former level’s positions by three.
Utilizing these matrix structures, an affiliate buys a cycler position for $10 and goes into first 3×2 cycler level.
When directly and indirectly employed Lets Multiply affiliates buy subsequent $10 positions, commissions are received.
Each position gets filled in the first 3×2 matrix level results in a $10 commission.
When enough $10 commissions have been taken, a fee is paid to unlock the second level of the cycler.
Payments over all seven Lets Multiply cycler levels are as follows:
- Matrix 1 (cost $10 for 3×2 positions) – $10 per position filled
- Matrix 2 (costs $25 for 3×3 to unlock) – $25 per position filled
- Matrix 3 (costs $50 for 3×4 to unlock) – $50 per position filled
- Matrix 4 (costs $100 for 3×5 to unlock) – $100 per position filled
- Matrix 5 (costs $250 for 3×6 to unlock) – $250 per position filled
- Matrix 6 (costs $500 for 3×7 to unlock) – $500 per position filled
- Matrix 7 (costs $1000 for 3×8 to unlock) – $1000 per position filled
Joining Lets Multiply
Lets Multiply affiliate membership is secured to at least one $10 matrix cycler position purchase.
It costs $1935 for full participation in this MLM opportunity.
Conclusion
Lets Multiply combines money gifting with pyramid enrolment.
This much is evident from the official marketing pitch alone without even getting into the Lets Multiply compensation plan;
Individuals around the world are transferring your money directly and instantly into your wallet all day long.
The quicker you add your name to the list; the more individuals are added to the list directly after you and sending you money!
Affiliates sending each other cash in MLM is cash gifting. The dependence on recruitment of new affiliates to sustain at the base of the Lets Multiply matrix cycler adds a pyramid layer to the scheme.
The utilization of seven matrices ought to be of concern, as each matrix level grows larger than the last.
A 3×7 matrix itself holds 3279 positions and requires lot more position purchases to fill as the seventh level in a cycler.
The only positions that make it to the seventh level that has any hope of getting anywhere close to completion are those preloaded by the unknown Lets Multiply admin(s).
Again, for the benefit of the Lets Multiply admin(s), the lower six levels recapture the dominant part of funds paid out to other affiliates.
I know that all deals are considered done from Panama and a waver is considered as a collect agent acting for the site and worldwide I am given permission to do so, upon the site’s approval, which can be ended without reason and/or prior warning at any given time.
The outcome is the majority of the Lets Multiply affiliate-base getting screwed, which is expected of an MLM underbelly cycler.
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Thanks,
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Hello happy fam.,
Thank you for the review of “Lets Multiply” my conclusion it is a scam.
You are very welcome!