Are you also asking, Is Cutco a Scam? Have you heard about it and you are wondering if it can help you earn some extra cash? Do you want to know if it is a legit business opportunity? Well, I suggest that you read this review in order to learn more about it.
Company Name: Cutco
Price to Join: Free
My Rating: 7.3 out of 10.0
What is Cutco?
Cutco is a corporation that produces and sells knives as well as other products that can be used in the kitchen. You might be surprised to know that this company first began manufacturing in 1949. Vector Marketing is the domestic sales arm of Cutco.
You can become a part of this company to make money through this opportunity. By the way, I would like to point out that Vector Marketing is not a multi-level marketing company.
In this review, I will take a closer look at this corporation and try to determine whether this is a scam or not. This is based on my honest research about it. I recommend that you read this entire review before thinking on becoming a part of this opportunity.
How Does Cutco Business Work?
This review is about the opportunity that Vector Marketing offers so I will only focus on that. Since, this is not a multi-level marketing company there is only one way of making money.
The only way to make money through this opportunity is trying to sell the product. Basically, you will have to become a sales representative. The process of becoming a sales representative is not hard at all.
You can get started by entering the zip code of the city that you live in. If there are no job opening or nearby locations, then you can’t apply for the job. You must be at least 17 and graduating high school in the same year. You will be contacted by them for an interview after entering your details.
Once you clear all the interviews and get selected for the job, you will be trained by them. The training will teach you about the products, as well as how to sell the products.
Once you have learned everything from the training, you will be ready to sell the products to the customers.
More Information About Cutco…
Now the question is how will you find people to sell the products? Basically, you will call all the people you know and ask them if they are interested in the product.
I know it can be intimidating to call people you know, but this is a sales job and that is what you have to do. Once you get an appointment from someone who shows interest in the product, the next step is to make a presentation.
Cutco will give you the script and you can follow it completely during the presentation or you can make your own. The good part is that you will earn money even if people don’t buy the products after the presentation. The company makes sure that you earn a guaranteed base pay for each qualified appointment that you complete.
When you will make a sale, you will be simply paid the commissions if your commissions are more than the base pay. If your commissions are less than the base pay, then you will earn the base pay only.
The issue with this opportunity is that making sales is not so easy. The products of this company are expensive, but people are still ready to buy them. In simple words, the problem is not with the products. You will have to make a lot of calls and try to get appointments from people.
This sort of job is not suitable for everyone.
Overall, I think this opportunity is good and it can be ideal for those people who are good at selling. I think most people who will try to join will easily get through the interviews so you don’t need to worry about that.
How Much Does It Cost to Join?
You do not need to spend any money to be a part of this opportunity. All you have to do is make sure that you are selected by the company. You will be loaned a Cutco sample set to show the products to your customers. If you decide that this opportunity is not for you, then you can simply return the sample kit and walk away.
How Much Can I Earn?
In this type of business, it depends on how good you are at selling the product and getting more leads. You can not make many sales by only focusing on your family and friends.
You will have to start getting more leads by asking your friends and family for others who might be interested. Once you find someone who likes the product, you will have to ask them to refer you to more people and this will continue.
You will be paid for completing appointments, but you will not be paid for the time that you spend in getting an appointment. So your earnings will come down to how many appointments you can get. The product is good and you can make some sales quite easily if you are able to get appointments.
I don’t think that it would be easy for the newbies to sell the product. So in my opinion, most people will not make a good income through this opportunity.
Are there Any Complaints?
Yes, and I have listed some of the major concerns below.
The paycheck was inconsistent.
Each appointment must be an hour long.
If you don’t know a lot of people to sell to, it will most likely won’t work for you.
In my opinion, Cutco is not a scam. They offer some helpful opportunity on how you can start your own business.
However, we can’t deny the fact that if you aren’t very good at selling, this can be challenging. If you are very good at selling and find the products interesting, then you may try to make money through this opportunity.
Nevertheless, I still leave the final decision in your hands. Good luck and choose wisely.
- No Starter Fee
- Great Earning Potential
- Maybe Overwhelming for Beginners
- Too Much Competition
Are there Other Ways to Earn at Home?
I know that you want to join in Cutco because you are already tired of not earning that much and you want to have an extra source of income.
But let me tell you that this kind of business requires great support in order to succeed.
Now, your next question is, is there other way to make money at home? My best suggestion would be through making your own online business with a support from community. Basically it is a modern way of making money. And this will enable you to enjoy your working time at home.
Right now, I am on my second year in this community and I am already enjoying the fruits of my labor. So, I want to share my success with you.
If you have more questions and concerns about the Cutco, feel free to comment it below and I would be glad to interact with you.
Let me hear your experiences on the comments below!