Your SEO optimized title ','

Is Vector Marketing a scam?

Is Vector marketing a scam? How much money you can earn?

Hi and welcome on our Vector marketing review 2019! Today, we are going to answer the question Is Vector marketing a scam or is it a legit business?

Many MLM companies exist nowadays, some of them are really to be avoided because of their pyramid scheme and others are totally legitimate. Through our review, we want to help you make the right decision wether working for this company or not.

We will cover the basics of how much money you can make with Vector marketing, if it is a legitimate company or just another pyramid system, what their compensation plan is and have a look at the opinions of other distributors.

First, let me start by saying I’m not associated or even working with Vector Marketing

I’m just willing to give you an objective opinion through this Vector marketing review, and try to help you find the best way for you to make money online.

My goal is to try to help you find a legitimate way to make money online as we did!

What is Vector Marketing MLM company?

Vector Marketing is a multi-level marketing company; though, they argue that they are actually a single-level direct sales company that is registered with the Direct Selling Association. They have continued to fight vigorously against the claim that they are an MLM.

The firm has also come under fire for taking advantage of gullible college-age workers; though, they have also rejected those claims, stating that all their employees are treated fairly. The firm is concerned with the sale and promotion of expensive knife sets.

Story of Vector marketing

Vector Marketing began as an independent CUTCO Seller. That was in 1981. CUTCO sells cutlery. Their current success came about when Alcoa and Case Cutler merged to become the Alcas Corporation in the late 1940s. The company opened a factory in Olean (New York) and went on to make a name for itself.

It eventually became CUTCO in the decades that followed, using hundreds of independent sellers to bring its wares to consumers. Vector Marketing, one such independent seller, accrued such impressive sales figures that it attracted the interest of CUTCO which turned the company into their primary seller.

Today, Vector Marketing has hundreds of branches scattered all over the country. Besides the US, they have offices in Puerto Rico and Canada. 

CUTCO, their parent company, takes pride in the fact that all its kitchen accessories and sporting knives are made in the US.

Source : https://www.vectormarketing.com/who-we-are

Vector Marketing Product Offer

CUTCO makes knives with the so-called 'Double D Recessed Edge'. This is the product that Vector Marketing sales representatives are expected to sell to interested consumers. While the knives, which can cost over a thousand dollars, are targeted towards homeowners, their serrated edge makes them unsuitable for conventional home use.

Vector Marketing MLM Offer


Vector Marketing recruits sales representatives to go door-to-door selling CUTCO products; though, these sales representatives can also choose to procure appointments with potential customers over the phone. Vector Marketing calls itself a direct sales company because the primary task of its representatives is to sell CUTCO knives.

They are encouraged to insert themselves into the lives of potential customers in order to demonstrate the power and effectiveness of the company's knives. They do this in the hopes of earning a commission once the customer makes a purchase. 

The majority of Vector Marketing sales reps are high school and college students. This is because the company primarily recruits from high schools and colleges. 

More info Here : https://www.thevectorimpact.com/vector-marketing

Controversies of Vector marketing

Vector Marketing has attracted a lot of controversy over the years, with critics attacking the company for being ridiculously vague in the details surrounding the financial benefits of its program and taking advantage of naive students.

The Arizona AG actually sued them in 1990 for misrepresenting their compensation scheme. Despite being prohibited from using dubious recruitment practices by Wisconsin in 1994, they were sued by a recruit in the early 2000s who argued that their operations flouted New York Labor Laws.

When a female sales rep was sexually assaulted in 2014, she laid the legal responsibility at the feet of Vector Marketing, arguing that the training hadn't prepared her correctly to combat the situation that led to the assault.

Besides a pending $13 million lawsuit, the company had to pay nearly $7 million in 2016 after they were sued for compelling workers to undertake unpaid training. 

source : https://en.wikipedia.org/wiki/Vector_Marketing

source : https://www.classaction.org/vector-marketing

Source : https://www.courtlistener.com/opinion/2541300/harris-v-vector-marketing-corp/

Vector marketing Customer Reviews

The opinions surrounding Vector Marketing are mixed. On the one hand, you have people who complain that the company's interviews are sketchy, they never received the commissions they believe they earned and the exaggerated boasts Vector Marketing made regarding the potential earnings of their sales reps never bore fruit.

But you also have people who joined the Vector Marketing program, sold CUTCO knives and made tens of thousands of dollars over a relatively short period of time. There is no consensus with regards to whether Vector Marketing is honest and reliable or unscrupulous and untrustworthy. 

Vector Marketing Satisfaction rating

source: https://www.indeed.com/forum/cmp/Vector-Marketing/Vector-marketing-Big-scam/t8961

How To Earn Money With Vector Marketing?

Vector Marketing's MLM offer has changed. When the company was first starting out, joining their ranks involved the following:

1) You had to submit an application that, in some cases, included your resume.

2) If the company liked what they saw, they would schedule an interview.

3) Once you agreed to their terms, they would schedule a training session that would show you how to sell their knives.

4) Once you were ready to proceed, they would compel you to spend $120-$150 on a knife kit to use in your demonstrations. This money was supposed to be a security deposit that they would refund once you returned their knife set.

5) Recruits were promised earnings of $10-$15 an hour.

Vector Marketing Commission

The company would then pay a commission to reps on every sale they would make from a customer the sales rep had recruited. But after years of scrutiny and criticism, things changed. The training sessions are still unpaid, and Vector Marketing argues that this is a common industry practice.

But the security deposit is gone. Some former sales reps have said that recruits were actually expected to buy the knife kits. Then the company introduced the security deposit. Now, there are no upfront fees associated with the program. Rather, demonstration kits are loaned to sales reps and there are enticing discounts for those who want to buy their kit outright.

As far as the earnings are concerned, the company argues that it never promised an hourly wage. It's representatives are paid $10-$18 for every customer they bring to Vector Marketing. And they don't have to secure a sale.

Vector sales reps will get paid for every appointment they make with a potential client regardless of whether or not that customer ultimately buys CUTCO's knives. Commissions per sale start at 10 percent. That figure rises as your sales achievements grow. For instance, people with sales of $10,000 and higher earn commissions of up to 30 percent per sale. 

more info Here : https://www.thevectorimpact.com/vector-marketing/

Pros and Cons of Vector Marketing

Working with Vector Marketing attracts benefits such as the following:

1) Customers get a 15-Day Money-Back Guarantee

2) The company has a healthy BBB Rating

3) There are no upfront costs for new recruits

Even with all those benefits, though, the company has a dark side, with some of the unsavory aspects of its operations including:

1) Vector marketing has a poor legal history. It keeps attracting law suits.

2) The company has dubious recruitment practices

Is Vector Marketing A Scam?

Vector marketing is definitely not a scam. They have a troubled past and people have sued them for preying on young workers and making false promises. But the company has gone to great lengths to transform its practices, which is why it has a BBB Rating of A+.

For all the controversies they attract, this company isn't a scam. They have a tangible product that they sell through sales representatives who they endeavor to compensate fairly. 

How we make money online?

Have you ever heard of Affiliate Marketing before? It may be a serious path you have to consider.

If you are seeking for a successful business to build, where you are able to promote anything you want without testing products nor recruit people, including a great earning potential, I’d rather recommend you Affiliate marketing. 

Reasons are in fact quite simple:

  • You’re free to promote the products or services you want
  • No obligation at all to test any product
  • Affiliate Marketing is totally free
  • You earn real money

If you are interested in creating a real business online, discover the easiest way to make money online with Affiliate Marketing.

wealthy affiliate result

Is Vector Marketing a scam ? Their controversies revealed!

Is Vector marketing a scam? How much money you can earn? Hi and welcome on our Vector marketing review 2019! Today, we are going to answer the question Is

Editor's Rating:
3
Arnaud & Marion
 

After 3 years of struggle, trying to find our way out online, we finally found THE product that fits us and that makes us confident and successful. We are currently Full-time Affiliate Marketers at Wealthy Affiliate.

Click Here to Leave a Comment Below 0 comments

Leave a Reply: