the-1-dollar-thing-logoThe 1 Dollar Thing website identifies “Doc Lett” as owner of the company.

Doc Lett (aka Ken Lett and Kenneth Lett) is based out Alabama in the US and first appeared on BehindMLM’s radar through Phase 4 Global back in 2012.

Phase 4 Global bundled travel discounts with a a recruitment-driven matrix cycler.

In 2015 Lett returned with another Ponzi cycler, 2by2 For You.

A few months ago Lett launched Iguana Biz, yet another matrix cycler.

Despite only launching July, Alexa traffic estimates for the Iguana Biz website suggest the scheme has already collapsed.

This has likely prompted the launch of The 1 Dollar Thing.

Read on for a full review of The 1 Dollar Thing MLM opportunity.

The 1 Dollar Thing Product Line

The 1 Dollar Thing has no retailable products or services, with affiliates only able to market The 1 Dollar Thing affiliate membership itself.

Bundled with The 1 Dollar Thing affiliate membership is

  • a monthly subscription to Small Business Magazine
  • “access to savings on hundreds of dollars in products
  • prescription card “with up to 90% savings”
  • an uncompleted “product package”
  • travel savings card

The 1 Dollar Thing Compensation Plan

The 1 Dollar Thing compensation plan sees affiliates get paid to recruit new affiliates across three tiers:

  • Basic Level – $1 a month
  • Emerald Level – $12 a month
  • Diamond Level – $47 a month

Commissions are paid out on the recruitment of new The 1 Dollar Thing affiliates via a 3×6 matrix.

A 3×6 matrix places an affiliate at the top of a matrix, with three positions directly under them:

that-free-thing-3x8-matrix-compensation-plan

These three positions form the first level of the matrix. The second level of the matrix is generated by splitting each of the three positions into another three positions each (9 positions).

The third to sixth levels of the matrix are generated in the same manner, with each new level housing three times as many positions as the previous level.

In total, a complete 3×6 houses 1092 positions.

Positions in the matrix are filled via recruitment of The 1 Dollar Thing affiliates.

Each of the three The 1 Dollar Thing affiliate membership tiers has its own commission payouts.

The more a The 1 Dollar Thing affiliate pays each month the higher their commission rate:

  • Basic ($1 a month) – earn 12 cents a month per affiliate recruited
  • Emerald ($12 a month) – earn $1.50 a month per affiliate recruited
  • Diamond ($47 a month) – earn $5 a month per affiliate recruited

Joining The 1 Dollar Thing

The 1 Dollar Thing affiliate membership is tied to a monthly affiliate fee:

  • Basic Level – $1 a month
  • Emerald Level – $12 a month
  • Diamond Level – $47 a month

The primary difference between the above affiliate membership levels is income potential through The 1 Dollar Thing compensation plan.

Conclusion

The 1 Dollar Thing is pretty much more of the same from Doc Lett.

This time around the three The 1 Dollar Thing affiliate memberships are the cycler tiers.

Each functions independently from the rest, with Lett marketing the memberships like your typical cycler;

Wow!!  Start 2017 Earning $85,000.00 PLUS PER YEAR

Choose to Automate The 1 Dollar Thing!

Talk about simple!  Just click on the option in your back office to use commissions to move to the next level.  Our system will automatically move you from one level to the next with no additional out of pocket expense.

Nothing is marketed to or sold to retail customers, making whatever is ultimately bundled with The 1 Dollar Thing affiliate membership pseudo-compliance.

The income opportunity is what’s being sold here, nothing more.

As with all pyramid schemes, once recruitment of new The 1 Dollar Thing affiliates dies down so too will commissions paid out.

This will begin when affiliates at the bottom of the company-wide matrix are unable to recruit new affiliates and earn commissions.

After a while they stop paying their monthly affiliate fee, which sees the affiliates who recruited them stop getting paid.

They too cancel their monthly membership fees and once this effect trickles up The 1 Dollar Thing affiliate-base far enough, an irreversible collapse is triggered.

At that point all The 1 Dollar Thing affiliates who didn’t recruit enough affiliates to recoup their own membership fees lose out. Mathematically this is guaranteed to be the majority of The 1 Dollar Thing affiliates.

Looking at Doc Lett’s previous Iguana Biz launch, don’t expect The 1 Dollar Thing to last more than a few months at best.