Are you looking for a Vector Marketing review because someone approached you about this? Did someone ask you to be their representative?
Stop right there. Don’t do anything yet. Most importantly, don’t commit. Read this Vector Marketing review first before you make a decision as this can affect your life.
The recruiter might promise you the sun, the moon, and the stars. But are those promises true? Can they deliver? Before you join them, learn what you can about them.
But if you ask me, I can say that I am not enthusiastic about joining them after I found out many things about them.
Do you want to learn about them too? Let’s get this Vector Marketing review started then.
Vector Marketing Review: The Corporation in A Nutshell
While it is true that Cutco produces high quality knives, we cannot say the same thing about their subsidiary. Cutco’s involvement with Vector Marketing caused them nothing but issues and disappointments.
The disadvantages of joining them include numerous lawsuits against the company, lack of remuneration plan, and income disclosure. If there’s one thing we think is bearable about them is that their knives are sharp and sturdy.
Let us continue this Vector Marketing review to dig deeper.
What Is Vector Marketing?
Established way back in 1981 in Pennsylvania, Vector Marketing teamed up with the Cutco Corporation to peddle knives. The knives may not exactly be the best in the market, but they are well-made.
Cutco Corporation was founded earlier than Vector Marketing. Some time after that, they were bought out by Alcas Management and paired with Vector Marketing to have a marketing wing for the knives.
Let me tell you though that this was not favorable to Cutco. Prior to their partnership with Vector Marketing, they were highly regarded. But now, they are commonly known as an MLM company that targets college students to deal their knives.
How Do I Join?
This is pretty rare, but Vector Marketing does not require any registration fee to join and become a sales representative. They will even lend you a Cutco sample set to showcase the knife’s quality. The only condition is that you stay active in selling.
But first, you will have to apply for the position. When you get accepted into the company, this is the time they will loan you the knives worth $425. This is the set that you will use for demonstration. You will be trained on how to do the demos.
But if you want to stop selling, not to mention failing to sell, just return the loaned set. Again, this is something unique as other knife companies will make you pay before you can work for them.
This company is more than decades old and is currently rated A+ by BBB. But the question that has been bothering this Vector Marketing review is: are the sellers making money?
What Products Do They Sell?
They sell cutlery or knives but they are NOT cheap. Why so? Because the members need the commission and that is where the company gets them.
Don’t worry about the steep price as the company offers a lifetime guarantee for them. You can have the knives sharpened anytime as well. And that’s for FREE. However, you will not get your knives until after two weeks.
Cutco has numerous products on their site. Their bestsellers are below:
- 4-piece Studio Set
- 5-piece Space Saver Set
- 10-piece Homemaker Set
- 32-piece Ultimate Set
How Can I Earn From This?
In the past, Vector Marketing used newspapers, advertisements, letters, and even word-of-mouth to make themselves known. But now, they are said to be hiring college students from the US and Canada to do their selling.
They post flyers on bulletin boards to attract anyone who wants to earn extra. However, the flyers don’t explain anything about what you need to do to make money. This does not sit well with me because anyone who is offering opportunities will want to explain what to do to earn money. Why are they hiding this?
And how do they lure you into joining the company? They will entice you with the $18/hour offer. But wait. You only get that rate when there is a conference. Nada if there’s none… and mind you, conferences don’t happen on a weekly basis.
There have been complaints about this deceptive and misleading practice so a group was founded to file a petition against them.
Remember this Vector Marketing review mentioned that training is free? Before it was free, the company required security deposits for the kids to borrow the demo knives.
This, to me, it seems unsurprising as this will serve as a security deposit for the knives and an assurance that it will be returned in shipshape later. This was stopped after all the complaints though.
Anyway, let’s go back to the reality of this Vector Marketing review.
They hire college students to deal their knives, right? Who do you think they will sell it to? To their roommates, classmates, friends? This market would rather take out than cook food.
So mom and dad, then? Rather than buying knife sets, they will prioritize the essentials like food, and other commodities… and securing money for tuition. Plus, mom and dad probably own knives. So who’d be the next target?
Relatives? Professors? Nah, they won’t probably buy knives at this time unless they really need it or if they pity their student.
So who else? No one else. A college student’s network is small. Thus, it will be difficult to market and sell their knives. College students want tech stuff instead of knives so there’s little to no chance of them earning from this side gig.
In addition to looking for potential clients, the budding sales representative also needs to schedule product demos which will cost time and money. To top it all off, that person needs to spend money on projects, too.
A sales rep only gets 10% commission for every product sold. But if they happen to sell more, they will make it to 35%. However, the other sales rep earns 60% commissions, so this offer is low.
Also, the management is competitive as they will want you to drive sales into the company. Expect pressure if you can’t sell.
What Else Do I Need to Know?
Yes, this Vector Marketing review is not done yet. Remember we mentioned about complaints earlier? Well, take a look at this list:
- Sued by the Arizona Attorney General for shoddy practices
- Sued for not remunerating sales representatives with the minimum wage
- Sued for wage violation again
- Directed by Wisconsin to halt their recruitment technique
- Class action lawsuits from California, Florida, Illinois, Michigan, Minnesota, Missouri, New York, and Ohio
- Absence of income disclosure and compensation plan
Is Vector Marketing Corporation a Scam?
We don’t have a proof that the company is a scam. Yes, they were sued and face lawsuits a couple of times, but several other companies have experienced the same thing.
If you ask me, Cutco cutlery is good. They are a legit company with a good reputation before they partnered up with Vector Marketing. I just don’t like how they are running their business – the secrecy and shadiness. Plus, the commission is so low all the effort will not be worth it.
If you have been reading my posts, you will know that I am not fond of MLMs. Why? Because most of them are shoddy.
MLMs usually involve recruiting people into the company which is not favorable for you as this will force others to sever their relationship with you. In this case, the products are high quality but cost quite a lot.
What does this Vector Marketing review say? We say found something else if you really want to earn extra money. You can click right here to read about our recommendation. This is better than all the stress from selling knives that everyone seem to already have.
Also, our recommended option will help you get started in online business early. When you hustle and follow instructions, you will be able to enjoy passive income when done successfully.