The 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:
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
🤖 Quick Answer
Who is the owner of The 1 Dollar Thing?Doc Lett, also known as Ken Lett or Kenneth Lett, is identified as the owner. Based in Alabama, he has a documented history in MLM schemes dating back to 2012, including Phase 4 Global, 2by2 For You, and Iguana Biz, establishing a pattern of sequential recruitment-based ventures.
What business model does The 1 Dollar Thing operate?
The 1 Dollar Thing operates as a three-tier matrix chain-recruitment scheme. It functions as a cycler system without retailable products or services, generating income primarily through recruitment rather than legitimate product sales or consumer demand.
What is Doc Lett's background in network marketing?
Doc Lett has launched multiple matrix cycler schemes since 2012. Phase 4 Global combined travel discounts with recruitment-driven matrices, followed by 2
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