Vector Marketing...what is it and is it a scam?

Cutco/Vector Marketing - Scam?

  • I have an interview with my local Vector Marketing division tomorrow and am very curious about the claims that its just a scam. Can anyone give me personal experience or general ...show more

  • Answer:

    Anyone who condudts a google.search for "vector marketing" scam, will bring up some 64,000 search responses which simply state: "It's a scam!" Good luck!

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Yes it is a scam!! I went for the interview and upon walking in my radar went off! I was a small office with posters, pictures, and trophies sitting in a corner and not on a shelf. I was given an application and set to a room full of other applicants in cheap fold up chairs. I was called with a group to do our initial interview which was bogus. I was asked to stay for a second interview for 90 minutes (everyone was so called asked back too). The second interview was actually a sales pitch to get you to pay $159 for a Cutco Knife kit so you can start selling the knives. There are other things they ask you to pay for like extra training classes etc. In a nut shell most people make no money and have actually lost money paying for there so called knife kit. Little did I know my uncle tried this same company in the 1990's and lost about $1000. I went to the Better Business Bureau and there are complaints from almost every state and this company. Just google the vector scam and you will see. Don't go!! You will be waisting your time.

Sunshine

I have done plenty of research on this. The best thing that I can say about it is that it is as close to a scam as they can legally make it. Not necessarily something that the government would get involved in (hence why they have not), but I would equivocate it with something like a well thought out scheme. The primary goal is to get you to sell the product to those that are closest to you. The company offers incentive to those who sell more and more, most likely with full knowledge that the majority will bet frustrated and quit after only making two or three sales. However, they have therefore made their profit and are fine with it. From numbers I have seen and researched (as an earlier poster said, simply google it), they hire around 40,000 people a year (almost all falling within the college teen demographic) and do not have a very high return rate. One study I saw said that somewhere around half of 940 people that worked for Vector made no money or actually lost money by working for the company. I think the main thing to remember is this: Vector is a company, they will do what is necessary to stay alive and make as much profit as possible. The seemingly most noticeable difference is that they care less about the individual and the individual's relationships than others. They seem to prey on those that are less knowledgeable rather than those that are more experienced. Conclusion: It is a legitimate job, however, it has miles of red tape. If you are looking for a job that will be more direct and honest, find something else. However, if you are looking to be a door to door salesman (or woman), then give this a shot. Final note: Do research and do not leave this decision up to one message board. Check the Better Business Bureau and other websites that specialize in things such as this. Knowledge is power. Bear in mind that if something is getting this much attention, something is surely wrong.

Uriah

It's not an interview, you will be hired. Everyone who goes for an 'interview' is hired. If you have friends and family to take to the cleaners for overpriced knife sets and $140-$170 to lose to buy a set of these as demo products, which you have to sell for $700, then go for it. But the best knives in the world won't cost you this and these are NOT the best knives in the world. Vector make their money from conning students into their 'get rich quick' scheme.

Maggie

Everyone who interviews with Cutco/Vector gets a "job." You get to sit through unpaid training, have to buy a set of demo knives (at a pretty substantial cost to yourself), and then try to sell knives to all of your family and friends. The only people who make money in is Cutco/Vector themselves.

kbk823

Vector is not a get rich quick scam. Granted, you can make a lot of money fast, but you have to put in a lot of hard work and many hours. Not everyone gets the job, but most get the second interview. Yes, you have to pay $143 for your sample kit, but I made $130 in my first 2 days. Also, the knives are as great as they say they are, I use mine every night for dinner, and I love them. The extra sessions are can only help you, and even though they cost money, they increase your sales greatly. I think you should take advantage of this opportunity. Its a good summer job at least.

It isn't quite a scam, but they don't give you all of the information up front. They also charge you to start the program.. and that to me is always a big warning sign. It is true that you can make money from programs that charge you to start then tell you all the information afterward, but only if you're very stubborn and good at sales. With Cutco, you go door to door trying to sell incredibly expensive knives. The leads you get from the company aren't enough to keep you going, and unless you're some kind of sales genius, you're probably going to make a couple dollars a week. While the knives are REALLY good, the market just isn't there. If you really want to earn money, get a job that requires an application, resume, and no up-front payments from you. If you don't have job experience, try working in retail like the grocery store or a place in the mall.

michie-chan

Vector Marketing promises a solid income but I went to a "training" seminar three years ago. It was a hassle. They interview each person individually and then after the interview, the coordinator decided to make a presentation about how great Vector is, etc. They promise a good income with all their silly videos and techniques. They want you to buy a cutlery set that you would use for your sales at people's homes. I didn't like the pressure tactics and after the training, never went back, a hassle! Thanks Sports Authority for not giving me my job after my leave of absence and screwing me out of work so I looked for a job with these schmoes!

David

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