Is Vector Marketing a Scam 2021?
Is Vector Marketing a scam? No, Vector Marketing is not a scam. They are a legitimate business that sells kitchen cutlery using a Multi-Level Marketing type business model whose recruiting practices involve signing up high school students, college students and homemakers to sell to their friends and family members.
Is Vector Marketing a scam?
Before we start, we need to answer the big question: is Vector Marketing a scam? The answer: We are a legit company. Vector Marketing is NOT a scam and we are upfront and transparent about the entire Vector sales representative hiring and onboarding process from start to finish.
Does Vector Marketing actually pay you?
How does Vector Marketing pay? Reps earn a guaranteed base pay of $15-$18 every time they show Cutco to a qualified prospect, whether that be in-person or virtually. This is NOT an hourly rate. People sometimes think it’s $15-$18 per hour because most appointments take between 45 minutes to an hour.
What do you do working for Vector Marketing?
What do Vector Reps do? Vector representatives market Cutco products. They are responsible for scheduling their own appointments, conducting presentations, writing up orders, generating referrals, and turning in weekly reports.
What’s wrong with Vector Marketing?
The company is technically not a pyramid scheme or a multi-level marketing scam. But because Vector does rely on its employees to work at their own rate selling knives, it can certainly appear as a scam to many people introduced to the job for the first time.
Is it worth working for Vector Marketing?
It’s not easy money, but it can be good money for a part-time job. References, I sold over $20,000 worth of product with Vector Marketing and was an Asst. Manager for my Regional office before I left the company. I left because I was spending too much time working and not enough time on my studies.
Is Vector Marketing worth working for?
Great job for outgoing people who are connected. This job is great because its a get out what you put in job. If you like to go after incentives and be the best, this job is great because it offers incentives and all the work is done on your own time. You can work as much or little as you want whenever you want.
Is Vector Marketing door to door sales?
Vector never goes door to door, only made appointments with people through phone calls. Door to Door Sales Job. You don’t go to strangers houses, you use your family and friends and then go from there. It is a friend of friends sales job that branches out from those friends and onto others.
Who is Vector Marketing and what do they sell?
Summary: Vector Marketing is the marketing company that is responsible of selling knives and cutlery items that are being sold by Cutco Company.
Is the Vector Marketing Company a pyramid scheme?
Here are some common myths and truths behind them: MYTH: Vector Marketing is a scam because it’s a “get-rich-quick” pyramid scheme. The TRUTH: Vector Marketing is not a pyramid scheme in any way, shape or form. MYTH: Vector Marketing is a scam because it’s a multi-level marketing company.
When did Vector Marketing settle class action lawsuit?
In 2017, Vector Marketing paid $6.75 million to settle a class-action lawsuit with sales representatives who attended training but weren’t paid. [ 6, 7] Later that year, they faced another class-action lawsuit by division managers who felt they should be compensated as employees, not contractors.
How many district offices does Vector Marketing have?
With most MLMs, the work is 100% remote, and training is mostly virtual unless you’re lucky enough to be able to afford to go to the annual training conventions. But Vector Marketing has 250 year-round district offices in the United States, Canada, and Puerto Rico.