Lets Multiply Review: Seven-tier matrix gifting with pyramid recruitment
Lets Multiply provide no information on their website about who owns or runs the business.
The Lets Multiply website domain (“letsmultiply.com”) was privately registered on September 26th, 2016.
As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.
Lets Multiply Products
Lets Multiply has no retailable products or services, with affiliates only able to market Lets Multiply affiliate membership itself.
The Lets Multiply Compensation Plan
Lets Multiply affiliates purchase $10 positions in a seven-tier matrix cycler.
Matrix sizes used in Lets Multiply’s cycler include 3×2, 3×3, 3×4, 3×5, 3×6, 3×7 and 3×8.
A 3×2 matrix places an affiliate at the top of a matrix, with three positions directly under them:
These three positions form the first level of the matrix. The second level of the matrix is generated by splitting these first three positions into another three positions each (9 positions).
The third level is of the matrix is generated by splitting the nine level two positions again (27 positions).
A 3×4 matrix adds an additional fourth level to the matrix. A 3×5 an additional level again and so on and so forth.
Each new level in a 3xx matrix is generated by multiplying the previous level’s positions by three.
Using these matrix structures, a Lets Multiply affiliate purchases a cycler position for $10 and enters the first 3×2 cycler tier.
Commissions are received when directly and indirectly recruited Lets Multiply affiliates purchase subsequent $10 positions.
Each position filled in the first 3×2 matrix tier results in a $10 commission.
When enough $10 commissions have been received, a fee is paid to unlock the second tier of the cycler.
Payments across all seven Lets Multiply cycler tiers are as follows:
- Matrix 1 (3×2, positions cost $10) – $10 per position filled
- Matrix 2 (3×3, costs $25 to unlock) – $25 per position filled
- Matrix 3 (3×4, costs $50 to unlock) – $50 per position filled
- Matrix 4 (3×5, costs $100 to unlock) – $100 per position filled
- Matrix 5 (3×6, costs $250 to unlock) – $250 per position filled
- Matrix 6 (3×7, costs $500 to unlock) – $500 per position filled
- Matrix 7 (3×8, costs $1000 to unlock) – $1000 per position filled
Joining Lets Multiply
Lets Multiply affiliate membership is tied to at least one $10 matrix cycler position purchase.
Full participation in the Lets Multiply MLM opportunity costs $1935.
Lets Multiply combines cash gifting with pyramid recruitment.
Without even getting into the Lets Multiply compensation plan, this much is evident from the official marketing pitch alone;
People around the world are sending you money directly and immediately into your wallet all day long.
The faster you add your name to the list, the more people are added to the list right after you and sending you money!
Affiliates sending each other money in MLM is cash gifting. The reliance on recruitment of new affiliates to feed into the bottom of the Lets Multiply matrix cycler adds a pyramid layer to the scheme.
The use of seven matrices should be of particular concern, as each matrix tier grows larger than the last.
A 3×7 matrix alone holds 3279 positions and requires many more position purchases to fill as the seventh tier in a cycler.
The only positions that make it to the seventh tier that have any hope of getting anywhere near to completion are those preloaded by the anonymous Lets Multiply admin(s).
The lower six tiers recapture the majority of funds paid out to other affiliates, again for the benefit of the Lets Multiply admin(s).
I understand that all sales are considered done from Panama and a waver is considered a collect agent acting for the website and I am given permission to do so worldwide, upon the website’s approval, which can be terminated at any given time without reason and/or prior warning.
The end result is the majority of the Lets Multiply affiliate-base getting screwed, which is typical of an MLM underbelly cycler.