Hello everyone, are you finding what is vector marketing? Is it a scam or not? To continue reading this post in this post we know about vector marketing.
What is Vector Marketing?
Vector Marketing is the sole distributor of Cutco Cutlery, a cutlery line that specializes in high-quality kitchen and sporting knives and cooking accessories and cutlery.
It is a direct sales company that uses a multi-level-marketing plan that is often offered as a way for people with hectic schedules, especially college students, to make money and earn an income.
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This works well because it is a job that can be worked on with whatever schedule the person doing it can manage. It isn’t someone telling you what to do or how many work hours to put in; you simply need to dedicate as much or as little time as you are able or willing to put into it.
However, just because it is a good way for busy people to earn an income, it doesn’t mean that it is easy and doesn’t require you to put in the effort to make it successful.
Even Vector Marketing’s official website makes it a point to say that the job requires a lot of dedication and commitment. Because the business is a direct sales business, there is no guarantee that you will make money with it.
Success or failure is largely dependent on how much effort you put into it and how well you use your skills to market the products. Many people can get frustrated when they don’ t make many sales and don’t see the income that they were expecting.
But, those few who stick it out and really work at their business have the potential to reap great dividends. If you relish the challenge and want to learn great skills that will benefit you for the rest of your life, then this business is probably great for you.
Is It A Good Option For You?
If you are a student or other busy person who really needs the income but can’t hold a regular job because of your tight schedule, then Vector Marketing might the opportunity that you’re looking for.
One thing to remember, however, is that the company sees all employees as “independent contractors”. This means that whatever expenses you incur while trying to market these items, whether transportation or other work-related expenses are not covered by the company.
Any loss you may incur from these expenses will not be reimbursed so it’s important to budget wisely.
Vector Marketing and Cutco – Is it a Scam?
Google “Vector Marketing Cutco scam” and you will get over 29,000 results. Some are from angry employees. Others are from college students who feel they got suckered. Problems and gripes abound. For my record, I am no longer an active Cutco representative.
However, my six months of working for Vector has shown me that it is not a “scam.” Yet still, there are many people who are upset.
So what’s the issue? I think that it is not that Vector is a scam, but rather that people come into it with the wrong expectations.
What are the complaints that people have with Vector? One is that Vector makes you attend unpaid meetings. They also make you buy your own sample set of knives (mine cost $130). They also have you come into unpaid meetings once a week.
You pay your own gas money when going to appointments. Although they advertise $25/hour per appointment, you may not get paid on it unless the person you met with meets Vector’s qualifications. In short, Vector takes your time and your money.
This is not enough to make it a scam, and here we see the wrong expectations. Most of the people who work for Vector are between the ages of eighteen and twenty.
They have likely been working a minimum wage, or barely above, job. A “job” is when you do something for a certain amount of time and get paid a certain rate.
When they start working for Vector, they expect more or less the same thing.
But Vector should not be thought of as “Job.” Vector is more like a miniature business. When you work businesses, you recognize that you must pay certain expenses. This is why you buy a sample set, pay your own gas, set your own meetings, etc.
If you know that you run a mini-businesses, you know that you will make this money back soon and quickly. So it is not that Vector is scamming you into buying their product at 70% off, it’s rather that you are expected to take some financial risk with Vector.
Additionally, Vector demands that you learn certain skills (this again is what makes it not a “job.”). This is why you go to the weekly meetings and the huge summer conferences. To work for Vector, you must be as willing to learn what they teach as you would be in any college classroom.
In the same way that you do not get paid to learn in a classroom, you do not get paid to learn from Vector. The pay-off is more skills, more motivation, and more chances to sell and earn a commission. It’s a sharpening of your ax, as my manager put it.
But despite these two things, there might be one way in which Vector is perhaps culpable of giving the wrong impression.
They advertise that they are low pressure, and offer the base-pay and the lack of sales quotas as reasons why. This isn’t quite true. Considering the time it can take to get an appointment, drive time, and that hour with the customer, the base-pay is hardly a pay-off.
If you don’t sell; you break even. Secondly, the managers, while not “harassing” you, will motivate you to sell. This can feel like pressure if you’re in a bad mood. Anyone who works for Vector for longer than a month finds out that selling, not base-pay, is where the money comes from.
Please understand, this article is primarily a defense of Vector. I think that people cry “scam” had the wrong idea about it begin with. You can’t go into Vector with the same mentality that you go into Starbucks or Subway with. It takes a certain type of mentality and a certain type of personality to do it well, and doing it well is the only way to do Vector Marketing.
How Do People Find Out About Vector Marketing?
Vector Marketing has been known to grow its business by advertising on school campuses. Their ads are also given as handouts or advertised in the newspaper. Some people are a little suspicious about the company because their ads don’t actually say what the job positions they are offering are. You don’t find out until you actually apply. However, this is just their clever marketing ploy to intrigue people and get them interested in the company.
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