Before we delve into the question of whether Vector Marketing is a scam or not — let’s look into this first question first — what is Vector Marketing?
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What is Vector Marketing?
Perhaps you’ve been asked to sign up or to purchase Vector Marketing’s products and that is why you are here. And that’s not a bad thing. Vector Marketing is a direct sales company — and it is a single-level sales company. Single-level direct sales are usually done one-on-one, house-to-house or door-to-door, presentations or in these times, online presentations. Normally, you earn from sales commissions. Also, when you reach target goals, you can earn bonuses as well.
Vector Marketing sells CUTCO. Back in the day, CUTCO had several independent sellers. But in 1981, Vector Marketing joined those sellers and in three years, Vector was able to sell over and beyond all the other sellers. Four years later, Vector became the primary seller of CUTCO Cutlery. Vector Marketing holds office in Olean, New York. They have 250 locations all across North America.
CUTCO Cutlery is premium quality cutlery, accessories, and knick-knacks for the kitchen and knives for sports. CUTCO has been around for over seven long decades in New York and they are proud to be the makers of premium quality cutlery line in the United States.
Back to Vector Marketing — so how is it to be a Sales Representative of Vector?
The sales reps meet one-on-one with possible buyers. They do this online or face to face. Their job is simple and easy— to show CUTCO to potential buyers and help them look for the best cutlery set suitable for their needs. They may or may not buy. Nonetheless, the sales rep gets a commission. That’s how confident Vector is with its products. They know that people will buy something from CUTCO therefore they give that perk to their sales reps.
Vector’s sales reps enjoy the fluidity and the control over their own working time. They set their meetings based on their own schedule. A day in a CUTCO sales rep may look something like this — schedule the meetings with would-be buyers, present the products to them, fill out and submit order forms to the local office, review the sales performance with the manager, attend a weekly team gathering — the last one is optional.
College Students As Vector Marketing’s Sales Representative
Vector Marketing believes in “creating a unique and rewarding work experience” for its salespeople. They are proud that their salespeople are conscientious, have a gung ho spirit, and very much willing to learn.
A huge number of their sellers are students in college. It’s a pretty diverse and fun sales force. They do enjoy presenting and working for a high-quality line of kitchen cutlery and gizmos. Some of those who absolutely know nothing about kitchen knives, learn very fast.
Vector boasts as one of the biggest recruiters of college students in the United States. Working for Vector has allowed these students a better resume, as the culture of diversity and hard work, as well as an open mind and an attitude of gratitude, are all part of how they do their work.
They do direct selling and sell their products straight to the customers. They practice professionalism. They put premium importance on integrity and ethical business practices — that’s how they do business.
What is Vector’s goal?
Vector believes that one must help their people to succeed in order to be successful as a company. They believe in teamwork and they are very flexible. They aim to provide a great work environment so their salespeople can also provide awesome customer service to their buyers.
Now let’s go back to our original question — Is Vector Marketing a Scam?
Rumors have been circulating in the gossip mills, people claiming that Vector Marketing is a scam — and it takes advantage of clueless but enterprising college students. To answer the question if Vector Marketing is a scam or not. The answer is a big resounding NO. Vector has been very transparent and straightforward about its recruiting, hiring, and onboarding process from beginning to end.
Review: What are the common fake stories about Vector and why do people think it’s a scam?
Fake story #1. Vector Marketing is a Multi-Level Marketing or MLM company.
FACT: Vector Marketing Corporation is definitely NOT a multi-level marketing company. Vector is a single-level, direct-to-consumer marketing company. In fact, it is recognized as a duly authorized member of the Direct Selling Association in the US. In Vector Marketing, their sales representatives get paid by selling Cutco straight to the customers. However, in a multi-level or MLM company, salespeople earn by recruiting and signing up more salespeople aside from selling the products.
Fake Story #2 Vector Marketing is a scam because it’s impossible to present your products if you don’t go to people’s homes.
FACT: Vector Marketing gives its sales representatives various ways to make a presentation — it’s definitely not just about going inside other people’s houses. Some sales representatives prefer to do presentations face to face, but that is not mandatory. Nowadays, because of the Covid-19 pandemic, their sales representatives present only through virtual or online meetings.
Fake Story #3 Vector Marketing is a scam because it’s a pyramid scheme. It also espouses a get-rich-quick plan.
FACT: Vector Marketing is definitely NOT a pyramid scheme. Not in any method at all. It is the prime seller of Cutco Cutlery. Vector sales reps do not recruit or sign up new representatives or entice them to get into any sort of service. The truth is Vector sales reps are independent contractors and they have flexible and fluid schedules. They have the opportunity to control how much income they can get through commissions and basic pay. It’s certainly not a pyramid scheme as money and success are only guaranteed through sheer hard work through direct selling.
Fake Story #4 Vector Marketing is a scam because the sales reps pressure friends and family to buy their CUTCO products in order to earn money.
FACT: Vector salespeople actually get a guaranteed pay whether or not they make a sale or not. This encourages them to go out to potential consumers, and not just sell to their friends and family, to reach their sales goals. They never want their consumers to be coerced to purchase their products.
Fake Story #5 Vector Marketing’s training is unpaid, therefore it is a scam.
FACT: It’s true. The all-inclusive training program that this company gives their salespeople after they have been interviewed and accepted is indeed unpaid. But that doesn’t necessarily mean it’s a scam or a pyramid scheme. Unpaid training is common practice with a lot of companies. The first onboarding training program consists of two to three training days, done consecutively. The sales manager provides the new reps with more pertinent details regarding the process of training.
Fake Story #6 Vector Marketing lets you pay for your own starter demo kit, therefore it is a scam.
FACT: One common misinterpretation is that sellers need to buy their own starter kit in order to hold demonstrations for their potential clients. This is definitely untrue. Salespeople are NEVER required to buy the starter kit. The truth is, Vector Marketing loans its sales rep with a CUTCO demonstration set to showcase the quality of the CUTCO products to their would-be buyers.
End of story? Well, you wish. Let’s search further. Now if you type the words “Vector Marketing Scam,” you will see other people’s opinions and reviews. Some obstinately call Vector Marketing a scam. Some students who have been recruited categorically calls the Vector Marketing plan a trick. As they say, anything that is too good to be true smells a little bit fishy.
So, is Vector Marketing Really Really a Scam?
Other people’s opinions say so. And according to some reviews, Vector Marketing purports to give a summer job that pays between $12 to $20 an hour. How is that going to happen with someone with zilch experience in marketing whatsoever?
But if you read further, you will realize that these folks who are writing their reviews are somewhat vague in their opinions. Some of them have reneged on their previous claims that Vector Marketing is in fact a marketing scam. They try to back down by saying that Vector Marketing is not necessarily illegitimate. Rather Vector Marketing’s protocol is somewhat questionable.
According to some reviews, the program is not upfront regarding significant matters to the participants. They let them sell the CUTCO kitchen products — by forcing their friends and relatives to purchase them. Without a doubt, these sales reps make lesser income and what was implied during the comprehensive training is the buyer actually purchases over-priced products. It screams un-ethical in many angles.