Vector Marketing Review
What is Vector Marketing?
Vector Marketing is a direct sales company that sells Cutco cutlery and provides an opportunity to earn money. People can apply and start selling cutlery when they are hired.
This company acts as the sales and marketing division of Cutco, which has existed since 1949. The company mainly focuses on selling knives, but they offer a lot more. They also offer cooking utensils, cutting boards, barbecue tools, flatware, sauce pans and more.
This company was founded in the year 1981. It has had some legal issues over the years. You can hardly find any company with such a long history without any legal issues, but some of the issues are quite serious like deceptive recruiting practices.
In this review, I will take a closer look at this direct selling company and help you in deciding if you should join or not. I am not trying to promote this company, so you can trust this review.
How does Vector Marketing work?
First, let me clear a big misconception about this company. This company is not a multi-level marketing company even though some people think that it is. The company doesn’t reward people for recruiting others at all. You can’t earn for recruiting someone or on the sales of those that you recruit. There is no bonus that is paid on multiple levels. So, the only way that you can earn is by selling the products.
You have to go through an interview before you join them. There are a lot of companies that you can join just by buying a kit, but that is not the case with this company. They don’t require any specific qualifications except high school graduation, and you can be accepted even if you have no previous experience. The fact is that most of their reps are students, who work in their free time.
Once you are accepted, they will teach you how to sell the products in their training sessions. You just have to attend the training for 2 or 3 days at the local office. The training is not paid, but you do get to learn something useful for free.
You will get a Cutco demonstration kit after you are accepted so that you can show the products to the customers. The company rewards you for every qualified appointment. This ensures that you get a guaranteed base pay whenever you showcase the products to the customers. The guaranteed base pay is for qualified appointments only, so you have to ensure that you don’t show the products without making an appointment.
I am disappointed by the fact that the company doesn’t disclose how much it pays. You can earn incentives if you are able to make a sale. However, it is not clear what percentage of incentive you can earn depending on your sales. Some sources on the internet claim that you can earn in the range of 10% to 30%. If this is true, then most people can’t even dream of earning 30% because you need to make a lot of sales for that.
The good news is that the knives don’t come cheap, so even 10% commission is not bad. The bad news is also that the knives don’t come cheap, so some people may refuse to buy them because of their price. Even if some people choose to buy, they may only buy one because of the price.
In the end, this job is purely based on how good you are at selling. It is not an easy job at all. In fact, selling products is one of the hardest things if you have no experience. They will ask you to sell the products to your friends or family as this has been confirmed by people who worked for this company.
The training is not great to be honest with you. It is not going to teach you much about selling the knives to strangers. You also have to remember that they don’t immediately call people for training, and it can take 2 or 3 weeks before they call you. I am not even going to mention the lawsuits because there are multiple lawsuits.
On paper, this opportunity looks great, but it is not so great when you take a good look at what you will be doing.
How much does it cost to join?
They don’t require you to spend any money to join. So, they don’t require any experience or money, which means that a lot of people can join them without any issues. They will loan out the Cutco demonstration kit to you for doing demonstrations.
You can buy the products, but they don’t require you to buy anything. While working for this company, the only money that you will have to spend will be on your transportation.
How much can I earn?
According to an one year old review, you can earn $20.25 per appointment. If you make a sale, then you can obviously earn more through commissions. It takes around 1 hour to do a demonstration if you do it without wasting any time. You also have to consider that you have to spend some time in travelling to the house of the potential client and spend money on travelling.
So, you won’t be making much by only going for appointments and doing demos. You also have to try to sell the products to the customers if you want to earn a profit. They will provide you with a manual that will show you how to do the demo, and it will actually help you in selling the products.
The big issue is that not everyone has a lot of friends or family members, who are willing to spend so much on buying knives. It is not going to be easy to find clients, especially when you have no experience. This is a big reason why I think that most people will not be able to earn much through this company.
Are there any complaints?
Yes, I have listed some complaints below.
I am so glad that I don’t have to do this for a living.
It is difficult to book people from time to time.
Vector Marketing is not a scam. They are selling quality products with a forever guarantee. The problem is that they are not providing enough training to help people in selling the products to strangers.
In the end, you will have to find potential clients on your own, which will surely be a problem for many people. If you think that you can do it, then you can try. The final decision is yours. Good luck.
No cost of joining
Work according to your schedule
Lack of training