Earning passive money is what people often call a dream. Why is that? Because earning passive money means that you only need to sit down quietly in your home, and a bunch of money will stream down to you. Well, MLM is a business scheme that promises you with this kind of money-earning.
Now, we would like to give you a Vector Marketing review which is, of course, Vector Marketing is one of the MLM business. Vector marketing itself is a multilevel marketing company that has a direct connection with kitchenware company Cutco Cutlery. Cutco Cutlery is a famous kitchenware company that sells many products, particularly a set of kitchen knives.
Then, how this company can give you a business opportunity like what they said? This is what we are going to discuss.
What is Vector Marketing?
When you type word Vector Marketing on search engines like Google, you must be found some of the articles on the website entitled “Vector Marketing Scam.” Then, is it a scam? To know the real about Vector Marketing, we will introduce you to what this MLM Company is.
From the previous paragraph, we know that Vector Marketing is an MLM company that specially sells Cutco Knives from Cutco Cutlery, whereas you know that you can’t buy Cutco knives in standard retailers. They claimed it is because their product is exclusive; it is not allowed for conventional retailers to sell them to the consumer.
To discuss Vector Marketing, we may begin with their business opportunities. You must be already knew that Vector Marketing targets high school graduation and college students as their marketer. Despite we don’t know for sure their reason to recruit young people as their workers, but there are of course many benefits you can get by recruiting young people as MLM marketer.
First, young people, especially college students and high school graduation, don’t have any choice left to get a job, whether they want to get a job only for a summer holiday, etc. Consider that Vector Marketing offers these not-so-much-experience young people in working with $12-20 an hour for a summer job; they don’t have any reason to deny it.
Second, recruiting young people to sell MLM products will be quite easy to get consumers as soon as possible, at least that what they thought. Why is that? This is because the Vector Marketing employer will give direction to the college students or high school graduation to sell the products to their parents, neighbors, family, and relatives.
You can imagine how hard your family, parents, and neighbor trying to refuse your product to them. This is what Vector Marketing wants from you.
Yeah, this is still legit and legal actually, but you do know that this will need a very lot of effort. Not as easy as they offer you $12-20 an hour. You will know it soon.
Yeah, Vector Marketing is a success to recruit some young people to work for them as they dream earning $12-20 an hour. But, Vector Marketing also has a bunch of controversial reports over the years.
Many people sue this MLM Company for stopping in providing students false information about their job and earning as this company recruits them.
A survey by The Washington Post in 1996 reported that this MLM Company had recruited students where half of them end in earning no money. Or even worse, some students end lost wealth by working in a Vector Company.
SAVE (Students Against Vector Exploitation) that was built by a group of students is making negative opinions in public for Victor Company to become worse. Despite this negative public opinion about them, they still operate until this day and keep selling Cutco Cutlery products.
What are Cutco Knives?
After you read about Vector Marketing, you need to differentiate between Vector Marketing and Cutco Knives. It is because they are a different company.
Despite Vector Marketing is an MLM company as stated previously, Cutco Knives is on the contrary. Cutco Knives is not a multi-level marketing company with a pyramid scheme like a typical MLM does. In Cutco Knives, you don’t have a chance to build a downline to get commissions from them.
In the beginning, Cutco Knives sell their product using hundreds of small and independent direct-sellers. One of the direct-sellers was Vector Marketing. Because of their marvelous performance in selling products from 1981 to 1984, Cutco Knives decided to purchase Vector Marketing.
Thus, from this time, Cutco Knives had officially making Vector Marketing as its premier seller.
Therefore, anything that correlated with Cutco Knives selling, such as a job to sell Cutco Knives products is coming from Vector Marketing and not Cutco Knives.
Cutco Cutlery Company itself had already been founded since 1949 by a joint venture between Case Cutlery and Alcoa. They manufacture their products in Olean, New York. Until right now, they state that they have provided 16 million customers with satisfying outcomes.
Then, what is good about the product from Cutco Cutlery? This company offers you something that there is no other company, until right now, which gives you a free sharpening program. The factory provides you free sharpening of your knives for as long as you have the products. They are limitless.
This what makes their 440 steel always better. It is because the steel will always get sharpened by the professional from the factory,
Sharpening the knives is very important because the knives made from stainless steel will dull very quickly. So sharpening can make the knives sharp again by bringing the edge back.
Besides, the first thing about Cutco Cutlery products is they are very sharp and durable. You know their claim about a pair of kitchen scissors (shears) they make that can cut through pennies? Yes, this claim is true. You can try it yourself.
Therefore, this Cutco Cutlery company is not a scam, neither Vector Marketing scam is.
Products that Vector Marketing Offers to Consumer
As we all know before that Vector Marketing only sells Cutco Cutlery kitchenware. Especially, their most significant focus to sell is Cutco Knife sets.
These knives have already gotten a patent for 440A stainless steel blades with “Double D” recessed edge. Range in the price for these Cutco Knife sets is from $286 until $1.212. It is very high in cost, of course. But we know that they don’t lie about quality and durability.
So, is that Vector Marketing Scam?
Even though there are many negative reviews about Vector Marketing, especially from a business opportunity point of view, we cannot clearly state that Vector Marketing scam.
Yes, they are not fair in paying their workers. But they, not a scam.
Why is that? It is because the company is real and legit. Besides, they are selling a genuine product from Cutco Knives. They don’t lie about this.
What the real problem is their false information in recruiting workers, mainly from college students or high school graduation. This MLM Company has a very real big problem by misleading many students with hiding or even worse, false information about their work.
When a bunch of students gets an interview in Vector Company so-called office, the interviewer doesn’t give you detailed information about your task. Despite providing details about your responsibility and how you can get paid by doing your assignment, they only give you a bunch of motivation to sell their products.
The interviewer keeps talking about how easy it would be if you sell their product, in this case, is Cutco Knives, to your relatives, friends, parents, neighbors, or even your teacher. The interviewer gives you a dream picture in your mind about how easy it is to earn money by selling their products to the people you knew.
One of the best statement they say in an interview is “Your earning is coming from the cut of the sale. So if you can increase sales, you will get more money as your decrease will increase.
If you get a downline, then you will get the passive income which many people have dreamed about. Whenever they success to sell products, then you will get a cut from their sale. It is a great way to get passive income at a young age.”
But, honestly, everything doesn’t go that easy.
Then, how are the stages that every worker will undergo to start earning money?
1. Apply for the job
To Become a Vector Marketing distributor or someone who works for selling Cutco Knives products, you first need to fill a free application. Then the company will interview you directly. The company almost doesn’t ask you any requirements. The only requirement they ask is you at least at the age of 18 years old.
After you have been accepted (which almost every person who has been interviewed will end received by the company), you cannot directly sell the products. The company will hold three days full of training. What coming for surprise that this training is unpaid. So yes you need to ready for this three days comprehensive, outstanding training.
Most of the people will get training on the same day as they finish the interview.
3. Start doing demos
Vector Company will teach you how to do demos to your soon-to-be-customers. These demos are done by working with the knives. You will need to cut up food with the cutters and show how sharp it is. Even Vector Company will teach you how to cut up pennies by using this scissor from Cutco Knives.
What the priority customers that Vector Company wants you to do demos are MAC customers. What are MAC customers? They define it as an acronym for M = Married age up to 30. C or casa was meaning home. So MAC customers are customers who have married with age now around 30+, and you have to do the demos at their house. If the family has kids, then it will be your bonus.
That must be sound quite hard, right? If we remember that many people, even the wife, is working during the day. And not everybody wants to open their door for those they don’t know.
But you will be surprised because this is not the hardest part. Vector Company wants you to do the demos when the couples together at the house at the same time. It is challenging considering that people will have different work schedules. The only time that they may be at home at the same time is in the evening, after work, which is quite impossible for you to do demos.
Another problem with this work is the price of the products. Well, Cutco Cutlery products such as their knife sets are sold at a very high rate. Many people said that they could not afford the knives set. Even some people state that they need to arrange 5 to 2-month payment plans. This may sound ridiculous to you as nobody ever tells you about payment plans on knives set.
But yes, this happens.
And the good news is, the hardest part doesn’t stop here.
4. The minimum appointments
On the first weekend of your job, Vector Company will give you the requirement that you at least have to make six appointments on the first weekend of your work. And this doesn’t stop here. They want you to do demos for a minimum of 45 minutes. This sounds crazy isn’t?
And if you cannot afford to get a minimum of 6 appointments in the first week of your job, then you will not get paid for anything. Even if you already have made five appointments with good demos in each house. They also don’t want to pay you if you didn’t do demos in 45 minutes each.
So what we can recommend to you from this business scheme in Vector Company is do not work for them. Many people reported that they end with no earning at all.
Despite this Vector Company review, we don’t state that this MLM company is a scam, but it is not recommended for you to work for them.