Vector Marketing Scam Stories
Does Vector Marketing Scam People Or It Is A Good Opportunity?
This report is not actually about Vector Marketing scam stories but a highlight of important facts that will help you know whether to take or dismiss the stories you will find about the company. So we will start with a general description of the company’s structure, products and business opportunity.
Company highlight
Vector Marketing is more of a direct selling program than a well formed company. It deals with the sale of knives from the Cutco line of products. The fact that Cutco has established a well known name for itself seems to be the main attraction of the people that get involved in Vector Marketing.
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Are Vector Marketing scam stories true? A look at the program’s structure
Before you take advantage of the program’s business opportunity, you are required to buy a training kit for $150. However, from people who have tried this business out, you actually have to buy the Cutco knives. The website that promotes the program, www.vectormarketing.com claims that this “training kit” contains information about all the things that you need to do in order to start making money with the program. If you can learn their knife selling training and work hard to attract buyers of your product, you can succeed.
So why all the talk about Vector Marketing scam?
Most of the people that tag Vector Marketing as a scam may be basing their argument on what the program really offers as compared to what it promises. The company claims that the business opportunity it offers can give someone an income of as much as $16 per hour. So, supposing you work 8 hours a day, that means you can make an income of about $128 a day. However, even though the knives that the company deals with are decent quality, such an income seems to be a little bit inflated and the knives are not very price competitive.
So, does Vector Marketing scam people?
Direct selling arrangements, such as this one, can work and can generate profits for the users. Where Vector Marketing is experiencing trouble is that they are not up front about their business and people are being misled when coming in for an interview. However, the person who understands the opportunity and has the drive can do well enough. The program also reportedly restricts its members on whom they can sell their knives to, which is also a great disadvantage.
Do you know anything about Vector Marketing scam that can be beneficial to other readers? Please share it with us by posting a comment below.
Sincerely,
Kevin & Suzanne Rhodes
Home Business Review Experts
eHomeBusinessReviews
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Luis,
I got a call today from Vector and the pitch was just as you said, to fill a “position.” I would work for this company as well however in learning they borderline kidnap college students until they give potential employee names and numbers solidifies my decision. Vector just needs to be more lineant, however manipulating people for decent money, and yes nowadays 10$ an hour is decent money, is probably why they’re sucessful. However, I have good skills to offer, and anyone else who does will do their homework and back off of this offer like I will. Let’s face it the majority of companies lie and most jobs don’t hold true to what stature they should uphold, however if I have to research because I’m not getting enough information, then it’s a downward slope from the get go.
Anyways. Thankyou. I’ve got alot going on and money is tight, and your comment which took time to type I can tell, saved me a major detour that is not worth it. Ill dig my efforts into a more solid ground. May God bless.
Thankful College Grad heading into Grad school-
I knew this was too good to be true. First they give you a 2 hour interview, second they dont even pay for your training, and they give you homework to do every night!! that’s ridiculous, the manager says it will only take like 5mins. its all lies, they manipulate people thinking they will be success. when i started, their were 18 people in the training room, on the 3rd day only 10 showed up. then they tell you to download this vector app and see which friends you think would need a job, and they tell you if you put in more then 100 contacts you get an extra day on the faststar. then they make you text youre friends and they have the receptionists call them and set up interviews, its ridiculous!
all they do is bribe, manipulate, trick you and they make you think youre going to be a manager in no time and get a recommendation letter from the CEO, they have all this setup!!
they hate answering questions, they say it wastes time, when theyre the ones wasting our time, they dont even pay for training.
If Vector Marketing would only treat their “Independant Contractors” like Network Marketers problem would be solved. Seems like Vector has NO clue when it comes to MARKETING. If Vector Marketing actually knew how to “Market”….there would be no need for Independant Contractors. Direct Selling it is….money to be made, absolutly. A little advice for those who may MARKET the CutCo products: When Do You Ask Your Friends and Family To Buy/Join You?….When You No Longer NEED To Ask Them. This Website has a VERY Valuable Opertunity listed above, and I give eHomeBusinessReviews.com a Thumbs up for sharing Opertunity #6 Magnetic Sponsoring. Click on the link provided above….look at the material….THEN go sell CutCo.
Also as i just noticed in Luis’s Post some managers will do sketchy things and as a manager i once new a guy who did that and he got fired for it so if you run into that just call the region and tell them or report it just like you would if you went to any company and got bad service!
If the Manager inspired you then go do it you will do well, the managers are independent from each other as well you will find good and bad ones. if you found a good one take advantage of the opportunity and make yourself some money! i made a ton of money with this company and got great experience solely because i had good management. Friends and Family won’t Pity buy on this stuff they buy it because its literally the best in the world saves them time money and energy according to consumer digest it is the best value as well! my grandma had it for 60 years and my parents for the past 12 and I’m young don’t cook that much and i even found it valuable enough to buy myself a set! bottom line either way you get paid and the experience opportunity is un paralleled.
First off, I must admit that used to work for Cutco and I did have to work a bit to make a few sales. I was able to sell a few pieces and a Homemaker set. I am a firm believer that Cutco knives are the best knives out there, hands down. I actually do own Cutco.
However, the problem isn’t Cutco, it’s Vector.
Vector Marketing has a great way of making eager minded kids believe in success. And honestly, I think it’s a great thing to teach young people how to succeed. But, it’s really not for everyone. I remember when I got a call the same day I applied and they told me the details and made it seem like “the position” had to be filled immediately and requested that I interview in a few hours. Total BS. They hire so many damn people all the time. Then you sit in for a one-on-one, group and final interview. The first interview is basically an intro, the group is just “We are Vector. We sell Cutco, blah blah blah” and they cut stuff. Again, the knives the best ever. The final interview just asks if the job is for you.
So they ask you to come in for three days of training followed by advanced training. It’s not paid, but the nature of being an independent contractor. I sell insurance as an independent contractor on the side. So, trust me. I know.
The training consists of teaching new reps selling and presentation techniques. During the training, they’ll have guys come in and try to make it seem casual. They’ll introduce them and they’ll talk about what they’ve achieved. And they’ll have someone text the coach to say they made a sale. The coach will call them and make it seem like a huge deal. The other guy on the line sounds so fake. You can tell it’s an act.
Part of the training, however, involves writing down the names of every person you know. And from there, you get prospective customers who you can show the product to. So, yes this job does push you to think and that is actually beneficial.
What bothers me is when they ask you to write down names and numbers of people who may be looking for a job. That’s creepy because if I knew someone needed a job, I would tell them and not give their number away to people they don’t know.
Another thing is they really do push the fact that you should have 6 interviews scheduled or else they won’t let you leave. Someone telling an adult that they can’t leave sounds borderline criminal if you ask me. And they really push you to make those interviews.
On top of that, you’re expected to call the coach every time you finish an interview. Did I ever do it? No! I’m a grown man. I only called if I wasn’t sure about something.
Is success possible in this job? I believe it is. I’ve sold these knives to people I thought wouldn’t buy, and I come from a ranty gang neighborhood. However, with MY experience, the cost to benefit ratio was not in my favor. It took me a while to get those sales. It came out to a little more than working a $10/hr wage job full time. Think about it: Working a regular $10 job does suck. But, you’re not wasting gas money going to peoples homes and having to call the boss all the time. You’re just there working, do your hours and go home.
I will say I met some really nice people along the way and I wish them all the best whatever they do. And, I learned some great sales techniques. I left for my own reasons.
They don’t do the thing anymore where you have to leave a $140 deposit for the set. I was pissed when I wanted to return my set and the office closed. So I was stuck with it and sold it off. Now, it’s allotted to you and you can return it or pay $95 for it. I sold my sample kit piece for way more than what I paid and bought a regular Homemaker set on eBay.
Overall, I would say that Vector Marketing needs to chill a bit and not be so pushy and invasive with their employees. I do believe you can succeed, but there are jobs out there that pay WAY more than Vector. I own a home business and make way more at home than as a Vector sales person. Not this “Burn gas and call your boss all the time” stuff. The only other people who do that are drug dealers and prostitutes.
When a company acts very pushy and micro-manages their employees, then people complain and it makes it seem like a scam. Since Vector sales reps are Independent Contractors, then they should be allowed exactly that, independence with some guidance.
I think Vector Marketing Scam Stories – Does Vector Marketing Scam People Or It Is A Good Opportunity? | ehomebusinessreviews.com is a great article and you do a great job of posting in depth. Thom – http://www.ep2p4u.com
Hey! Thank you everyone, I actually had interview and I really liked it, but I was pretty suspicious about this company. So I google it and found more information about this company. I actually really liked the manager, he was positive and funny. 2 Bad I don’t want to make my parents or friends waste such money just to pity me. Guess that’s not the job for me. Damn… The boss actually inspired me, I wanted to be like him in the future. But all I got, that company is a scam.
Thank you!
~Mr.Awesome
My friend and my cuoisn did this too. They both told me, it sounds and is too good to be true.I will say this though: my cuoisn managed to make a sale to my dad for a medium sized kitchen set (6 steak knifes and like 8 cooking tools). Expensive as hell, but they are DAMN good knives. (I know because I sliced my hand open on one )
Thanks for the article. I’ve actually been with Vector for nine years now, and I think you actually did a very objective, thought out explanation of your experience with our company. I think you hit the nail on the head, If I wasn’t confident in the value of the product, how could I sell it to someone else? Cutco is definitely more expensive than what you’d get at Walmart but for many people I’ve come in contact with, they’ve told me it was definitely worth stretching their budgets simply because of our guarantee. Again, thanks for taking the time to write this. Good luck with everything!
OMG yes! This company is tlbirree. With lots of false promises. Our daughter was roped into this scam during her freshman year in college and we hesitantly bought her the $ 150 set. Then she practiced her presentation on all our friends and family. The presentation materials are tlbirree. They don’t teach these young people how to actually sell a WAY overpriced item, they get them to buy into the $ 150 set then hope that at least 1 out of the 10 family members will buy a $ 1200 set of cutlery just to help the young new sales person out. Think about it! If Vector scams 100 young kids to do this and they each sell 1 set then quit, Vector just made tons of dough without paying hardly anything out! THIS IS A SCAM. My husband is in sales, and he wouldn’t try to sell this overpriced item to anyone. Especially not some 19 year old kid doing it!
Exact same experience. The interviewer tried to act like Donald Trump- it was me versus another girl for the job. She looked happy leaving. He brought me in and told me I was the “chosen one”. What a bunch of *&$#@.
I worked for Vector for 8 days. It was the worst and sketchiest job I have ever had. I was a college graduate that was hit really hard by the falling of the economy. I took the job because I had no choice. There were things from the start that seemed off and wrong. I knew that any company that was worth anything, ALWAYS PAYS FOR YOUR TRAINING. They waste a total of 24 hours of your life on training that you never get paid for. You have to drive to the place where you are being trained every day only to never see any money for that training period. You are already in the hole for driving their because of gas. The ad that I had received was $17 an hour but never stated what you were doing. I filled out the application and not even a half hour later I had gotten a phone call. All the person on the phone new was my name and could not tell me anything about what I had on my resume. Most places can. They just had my name and number and that is all they cared about. I went in for the interview and found out that there are no benefits, 401k, health care, nothing. On the plus side I did not have to buy my demo kit. When I was in the interview my resume was never even asked for or looked at when I offered it. This should have been my second clue. When I had started training I had noticed how the company attempts to use subliminal messaging in how they repeat words, over and over and over and over and over again to get you to agree. At this point I knew it was too good to be true but I wanted to see how bad it truly was going to be. I ended up finding out that you are cold calling all of your friends and family over 25 years old only to sell them knives. Also you only got the $17 an hour by completing an appointment only. On the last day of training they ask you to submit your weekly schedule. Since I could create my own hours at this job and decided I was going to do it part time meaning 2 or 3 appointments a week while I continued looking for another job I had submitted that and they said it was ok. I got a phone call every day I worked for them at 7 a.m. asking me to come in and do a “phone jam” which is cold calling and is actually illegal and it is a loophole in the law which is how they get around it because they have you call your friends and family. I got phone calls asking me to come to the office at 9:30 at night to call people. They wanted you to work from 7 a.m. till you went to bed. I had sold $978 worth of merchandise to friends and family who already owned Cutco and only bought from me because they knew I needed the money. To get them to buy anything I had to sell them things for free as well which made me even less money. My largest sale was for $310.00 and they returned it when they looked into the business practices of Cutco and how they treat their sales and marketing team. They sent me a bill asking for money back. They billed me for $31.00 and I only made $17.00 on the sale. I never paid it back to them and I never will. I only made $120 out of 10 appointments. And I sold something at every single appointment. I never got fully paid and I went negative on my expenses in 4 days after training. The best part is when I went in to return my kit they were firing people for not selling enough. I stated I was returning it and that I had found another job, which I had not I was just tired of the lies, and they told me I was fired for not selling enough product in my time with them after I had signed the returned kit receipt. I ended up finding out how bad this company really is and because of this I will never buy any Cutco products. The sad thing is my parents own Cutco and love it. They bought it all out of a catalog over 18 years ago. I knew about the product before I even started to sell it. They lost a customer for life and I tell everyone I can about my experience when working for them. What I gained from the company was the ability to sell someone anything, no joke, I convinced someone in the bar that they wanted to buy me a beer because they owed it to me because I am a good person. I did not even know this person and they were sober as was I. The other thing I gained from them was debt. I went negative on all of my monthly expenses because of them for that month. Yes they are a scam and a horrible company. No one can ever tell me otherwise.
The information listed in the “program’s structure” section is completely inaccurate. The information detailed is not on the company’s website so I am concerned about where the author got the information. Vector Marketing is a direct sales company. Both Vector and Cutco are owned by Cutco Corporation. Vector reps work as independent contractors and sell Cutco. Reps do NOT carry inventory. When a customer orders, the order is placed by the rep and then the product is shipped directly from our factory in Olean, NY to the consumer. In the US, reps are loaned a sample kit for free. Prior to Feb. 2011 – this kit had a fully refundable deposit. The freely loaned kit contains samples of the product. The rep uses these products during the demonstration for the company. In Canada, reps put down a 100% fully refundable deposit for the sample kit. Reps are not paid per hour. They are paid either a base pay per qualified appointment or commission – whichever is higher. I invite everyone to visit http://www.vectormarketing.com or accurate and up-to-date information. Please also visit http://www.directselling411.com to learn about the billion dollar direct sales industry. Thank you.