Another one of the online making money programs is this. It focuses on selling a membership that makes you money selling other people's crap.
It is promoted by almost all high-ranking course members who only get paid through their affiliate links. Yes, that's right...
It's called sellouts.
Although it is supposed to teach you how to be a 6 Figure Network Marketer, most members make no money by promoting other products.
It's not true. You won't make a fortune off a tiny $6 commission.
We have to be truthful in this review...
Vector Marketing offers some great information that will help you make money online, and land big commission checks.
It's outdated!
You'll find answers to some frequently asked questions about Vector Marketing and cheap network marketing.
This system made me swear off network marketing for good because it uses some of the same skills but in a much more powerful and profitable way!
Let's get to Vector Marketing for now!
What is Vector Marketing?
Vector Marketing sells Cutco Cutlery.
Reps are often just graduating from high school or college and will earn a commission for each product they sell.
Vector considers you an independent contractor if you are a rep.
Vector Marketing's structure is to have you demonstrate knives and other products at home. These demonstrations will earn you a base salary.
You are encouraged to share the products with family and friends. You'll earn a commission if you sell.
They will give you the training necessary to learn about their products and improve your communication skills. They want to boost your confidence and equip you with the skills you need to succeed in your career.
What's Cutco Cutlery?
Cutco Cutlery produces high-quality kitchen knives. Cutco is a brand of kitchen cutlery that was founded in 1949 by Cooking Utensils Company.
Cutco makes a wide range of kitchen equipment, both everyday and specialized. Cutco is best known for its knives, but they also make flatware, knives, flatware, cookware, and sport knives.
More than 600 people work in the factory as well as at the administrative headquarters.
Vector Marketing is the marketing department for Cutco Cutlery. Vector Marketing was not the only company to sell Cutco Cutlery directly.
Back in those days, there were hundreds of independent sellers. Cutco, a company with 65 years of experience, is based in Olean (New York).
Vector Marketing was established in 1981. They became an independent selling company for Cutco. Vector Marketing sold more than any other independent selling company and Cutco Cutlery Corporation purchased them in 1995.
Vector Cutco was born.
Cutco products won't be sold in any shop.
These products can only be purchased at Cutco retail locations, in-home sales demonstrations, or local events. You can also purchase these products online.
This is why you will often see many ads to them. You might be a sales manager or salesperson.
They require sales support. They also hire tons of people to help them train to sell Cutco products.
You're likely to have seen their job ad before. Vector Cutco has many positions available for recruiting managers in different locations.
These part-time and entry-level positions are attractive to college students as well as high school students.
Is Vector Cutco A Scam?
Not at all.
Vector Marketing is now the main seller of Cutco Cutlery Corporation.
It is easier to work with one marketing agency of independent sellers than it is with many.
What are Cutco's Most Popular Products?
Vector offers a wide range of quality products. However, the knife block sets remain their most popular product. All come with a "Forever Warranty" and are eligible for free sharpening at any time.
The Ultimate Set includes 32 pieces as well as an oak block. You can choose to have it in honey or cherry.
The Homemaker Set has 10 pieces.
Is this a multi-level marketing company?
No. Vector Marketing is a single-level, direct sales marketing company. Vector Marketing doesn't require you to hire people, so there are no levels.
Multi-level marketing companies allow sales reps to make more money by growing their downline and acquiring more sales representatives.
Vector Marketing offers a base salary to all reps.
Selling products will make you more money.
Vector Marketing is a recruiter and is one of the most prominent recruiters for undergraduate students in the United States.
They send job and interview "offers" which are very similar to MLMs.
Distributors don't require any prior work experience.
Many people view them as MLM companies.
While some would consider this a smart recruitment strategy, others see it as predatory.
Vector marketing can make college students rich.
The short answer is yes.
Vector Marketing helps college students and seniors in high school earn money.
They offer more than money.
They offer training for sales professionals and skills that can be used to help with job applications and placements.
How can you make money?
As long as you work, you get a weekly paycheck.
When they demonstrate Cutco knives to qualified prospects, reps receive a base salary of $15-18. Although this is not an hourly rate, it's a common timeframe for showing Cutco knives to qualified prospects.
These shows can be held in person or virtually.
What are the Lawsuits that have Been Filed?
Vector has been the subject of a few lawsuits. It seems that they are being sued every two years. Each lawsuit is worse than the previous.
The Arizona Attorney General sued them in 1990 for deceitful recruiting methods.
They were also ordered to stop any deceptive recruitment practices in Wisconsin in 1994.
They were subject to a class-action lawsuit in 2008. They were not paying minimum wages to their sales reps. The case was settled for $13 Million in 2011.
They were also subject to a class action suit in 2014 for the unpaid minimum wage.
They were also sued in 2014 by their distributors for failing to receive proper training. While on a sales call, she was drugged and raped.
Vector Marketing was then forced to pay $6.75million to settle a class-action lawsuit. The company didn't pay the sales reps who attended the training. Division managers also filed a class-action suit in the same year. They felt they should be paid as employees and not as contractors.
FAQ
What Does it Cost to Join Vector Marketing?
You don't have to pay anything to join but you will need the training to become a sales rep. After you complete the training, you will receive a Cutco knife sample kit for demonstrations. This sample set must be returned when you are done.
Vector Marketing a Scam?
Vector Marketing isn't a fraud. Vector Marketing is a legitimate business selling kitchen cutlery. They use a multi-level marketing model and recruit high school and college students as well as homemakers to sell their products to friends and family.
This is the truth. The money is not scalable and it is not going to get you to where you want to go financially.
What is Vector Marketing's BBB Rating for?
Vector is rated A+ by BBB.
What is Vector Marketing's Revenue?
Vector recorded $273.8 million sales in 2019, Vector has yet to release its 2020 revenue.
How many vector marketing distributors are there?
This is a small number of distributors with 5,590.
Conclusion: Is Vector Marketing a scam?
Vector marketing isn't a scam. They are a legit business that sells kitchen knives using a multi-level marketing model. Their recruiting methods involve high school and college students signing up to be homemakers and then selling to their friends and families.
As a sales representative, you can make living selling knives, kitchen cutlery, and sports knives door-to-door.
You should first ask yourself this question: "Do you really want door-to-door selling knives for a 10% commission?"
What do you think you could make with a 10% commission to make money?
However, there is another side to the coin.
This is a great opportunity to get training and experience in order to be able to work in the future. This could be a great opportunity for someone looking to make a career out of selling or needing to get experience with people.
However, if you are a student trying to make living selling knives, this is not the best choice.
Vector Marketing: Is it a good idea?
HELL NO!
Let me be clear, Vector and Cutco have quality products.
Despite all the legal actions involving payment, I would not risk not being paid.
Even if you get paid, it won't offer you anything substantial unless you are able to book shows after shows and make sales.
To do this, you would need to be doing more than just part-time work. A base salary of $15-18 per show is not sustainable.
How many shows will you need to make $100 per week?
How many Cutco products do you need to sell?
These are modern-day door-to-door sales. People hate it.
What if you were able to get involved in something people like? Something business owners need. Especially after the pandemic that they all experienced!
Check out our #1 startup business recommendation for 2021!
Steady Calls: The #1 Top Online Business Model in 2022
Our review team discovered a program that is top-notch in the real estate industry!
It's digital, but not real estate.
Multi-Level Marketing falls short in scalability.
You have a limited amount of time and you only have so many people to reach.
MLM companies understand this! MLM companies know this and will push you to recruit others for your downline. You won't make it big as a one-man/woman show.
What if you could make more money from your local websites? Without spending hundreds of dollars on expensive products or spending a lot of time recruiting people who will sell under your brand?
This digital property program will allow you to make a recurring monthly income with no sales to friends or constant recruiting!
Does it sound too good to be true? It does, of course! It isn't, in fact, many business owners wish they had this skill.
You can simply build and rank a local website, and then forward the jobs to a business owner.
This applies to any service-based business such as tree service, plumbing, or towing.
What are the best ways to get paid?
It's simple, once you have sent the jobs to a business owner, he makes some money from them, you just ask for mutual benefit.
Based on the industry, a fair price per lead is between 10-20 %... let's take the tree service industry as an example and use the worst-case scenario.
Let's suppose you rank the site, and that only 10 jobs per month are received. Tree service jobs can range from $500 to $2000.
This means that you should have at least $500 per month in assets!
It's digital real estate, which is why they call it now. This is a rent payment.
It is easy to scale. There are no worries about:
Vector Marketing is the same... You only get what's left if you meet a monthly limit...
You can actually collect HUGE FLAT RATES with the course we recommend. It's truly passive income!
This training program will take making money online to another level. You will be guided by the owner of the program, who will also share his screen and occasionally speak to you.
Learn the importance of keywords and website names, how to send calls notifications via email, backlinking, and other details.
After the training program is complete, you will have access to a Facebook Group that we think is better than the vector Marketing group. This group is more active.
Contrary to MLMs where you only get $10 per sale you could be earning 10-20X that.
Businesses will always need more leads and new jobs. It doesn't matter if the job isn’t coming from their website. They see it as it is...expanding their digital real estate.
Vector Marketing has seen more people leave their 9-5 jobs.
You can have passive income from digital real estate, but most of your time will be spent with your friends and not selling to them.
You probably have a lot of questions.