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.
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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.
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 $120 out of 10 appointments. And I sold something at every single appointment. I never got fully paid and I went negative on my expenses in 4 days after training. The best part is when I went in to return my kit they were firing people for not selling enough. I stated I was returning it and that I had found another job, which I had not I was just tired of the lies, and they told me I was fired for not selling enough product in my time with them after I had signed the returned kit receipt. I ended up finding out how bad this company really is and because of this I will never buy any Cutco products. The sad thing is my parents own Cutco and love it. They bought it all out of a catalog over 18 years ago. I knew about the product before I even started to sell it. They lost a customer for life and I tell everyone I can about my experience when working for them. What I gained from the company was the ability to sell someone anything, no joke, I convinced someone in the bar that they wanted to buy me a beer because they owed it to me because I am a good person. I did not even know this person and they were sober as was I. The other thing I gained from them was debt. I went negative on all of my monthly expenses because of them for that month. Yes they are a scam and a horrible company. No one can ever tell me otherwise.
Exact same experience. The interviewer tried to act like Donald Trump- it was me versus another girl for the job. She looked happy leaving. He brought me in and told me I was the “chosen one”. What a bunch of *&$#@.
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!
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!
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 )
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
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