The word "Liplet" is spelled with the letters "L-I-P-L-E-T." In IPA phonetic transcription, it is spelled /ˈlɪplɪt/. The first syllable "lip" is pronounced with the sound /lɪp/, which rhymes with "dip" and "ship." The second syllable "let" is pronounced with the sound /lɪt/, which rhymes with "fit" and "hit." Combined, the word "Liplet" has a rhythmic and catchy sound to it, making it a memorable word to use in various contexts.
A little lip.
Etymological and pronouncing dictionary of the English language. By Stormonth, James, Phelp, P. H. Published 1874.