Is Vector/Cutco a scam?
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I have been recently hired to work as a sales rep at Vector-Cutco, which is knife and cutlery company. I did some research and saw some charges of it being a scam, do you have any experience with the company, if so, what are your thoughts about it?
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Answer:
Vector is not a scam. However, they are not the greatest company to work for. They offer you unpaid training as you are an independent contractor, a kit of knives at a rate: you either rent it, pay for it or borrow it depending on where you live, and then they inform you that you may only sell to people who you know. Therein lies the "scam" part about it. It's not truly a scam. You offer a product, the person then chooses to either buy it or not. If they buy it then you get a commission and they get some knives. The problem is that you are only able to show the knives to people who you know. This causes a conflict of interest: The person you are offering the knives to KNOWS you so they will be more inclined to BUY the knives just because they know you. The knives they offer are inexpensively made and highly priced items. They typically employ a serrated blade (which equates to saw action rather than slicing or cutting action) and that means you do not have to sharpen them. Actually, you can't sharpen them without paying a Cutco representative or sending them in to the company. They're great in that regard because you don't have to maintain them day to day but they stink in the same regard because they're not really that sharp. There is quite a bit of controversy over Vector. In the past they have had poor and deceptive recruitment practices. They are a multi-level marketing company (basically a legalized pyramid scheme) so it seems like it's a scam. And with people telling you that they've made a couple thousand bucks in a month without barely lifting a finger, I'm certain that your eyes are glimmering with delight. Keep in mind that is definitely the "*Results not typical" that you always see in those weight loss ads. My brother's girlfriend just started working for Cutco a week ago. I am a salesman of nearly 8 years now in various fields (mostly consumer electronics) and I can tell you her sales work was nothing like mine. From what she told me it was rather easy to represent the product because again, you have rapport with your clients. In the real world of sales, you are generally meeting people for the first time in a store or making cold calls to people you have never met. It takes away a bit of the edge (no pun intended). At any rate, she had a handful of appointments her first week and now she's not so hot-to-trot about it. I think it's because originally she was told she could work at her own pace but now she's being told she has to make daily reports to the main office about how many appointments she's set up. She also felt very high pressure and she is not the kind of person that likes to be under constant pressure. So she's kind of bummed out about that. So to answer your question: Is Vector/Cutco a scam? No. Is Vector/Cutco a good company to work for? They have a poor track record, but they give you a paycheck. And a paycheck is often times the most important thing you need to live.
Dr Rockso at Yahoo! Answers Visit the source
Other answers
Anyone who conducts a search at google.com for "Vector Marketing" scam, will bring up some 60,000 search results which simply state: "It's a scam!" Good luck!
VicSEO
YESSSSSSSSS! They are, I actually got hired Last Thursday, and quit today. They put so much pressure on you to sell their products. You make okay money. But seriously, I lost 5lbs while working 3 days with them, they tell you there is a "Flexiable" schedule, but its deffinitly not. They expect you to work from the time you wake up, till 10pm. They try to offer "prizes" to get you to work hard. & Its not worth it! I sat threw 3 trainings lasting about 6 hours. Yes the products are good. But not worth selling. The company is VERY manipulative and will tell you anything to make it where they get more money! my advice is DONT do it.
His Girl <3
First I would like to warn you about believing all these answers. Some people who are working with Vector...not as Sales Reps, actually look this stuff up and put answers on yahoo and put posts on forums to make people think that it's a good idea. It's not a scam, however, it's on a thin line! It's not anything I would recommend unless you're a natural born salesperson. I was also offered a job and my mother was reading my letters at church. Someone in the church (IDK who) looked over her shoulder and told her that they don't pay you unless you sell something and that it's basically door-to-door, but you set up appointments! (Big difference) My thoughts are that...I don't want to work for a company that makes me find their customers, and makes me pay for a sample kit. Also I would never work for a company that I can't trust to pay me my money!!! =]] Hope this helps!
PrettyColombia
i work for cutco, and i'll tell you it is DEFINATELY not a scam. but you definately have to work at it to actually make some good cash, and you need to take it seriously like you would any other job.
scruffpuppet
I worked for Vector/Cutco in 2000 when I started college. It is completely legit as far as I know. You book your appointments, you do your sales presentations. The location I worked at in KY offered base pay per appointment, which was then $11/hr. I only worked there for 1 summer, as I ended up getting 21 stitches after a customer accidentally almost amputated my thumb! So take care to do your presentations by the book, ALWAYS sit across from the customer when doing your demonstrations, and don't go door to door or meet w/ strangers alone (obviously, because you're selling really SHARP knives!! lol) But to answer your question, I always received my paychecks, attended sales meetings at the branch office, and it was a completely legitimate job from my experience. As long as being an independent contractor doesn't bother you, then it's a good (and EASY) job.
PinkLady
I was employed with Vector for 2 weeks. I really thought this job was going to solve all of my financial problems, but it did more damage than help. I worked HARD even though I had a job already. I did the best I could to work it around my schedule, and in 2 weeks I saw 13 different people. So, I was told at the beginning of the interview that we would get $20 an appointment regardless of sales. So I was having a hard time saleing people knives and I didn't make a sale, but I still went on and kept trying, not to mention the time and gas that I wasted doing that. So my manager calls me and tells me that if I don't make a sale by the 2nd week of that weekend then she would stop paying me! After she told me that I quit the job, because she specifically told me that I would get PAYED REGARDLESS OF SALES! But the thing is was that I never got payed for the 13 people that I saw! I only got $25 on my paycheck, which did not come in a timely manner! If you are considering this job, my advice is to make copies of all the appointments that you have seen before you turn in your qualified reports paper, and please make sure that they are over 25 years old. They are clearly going to tell you to do the MAC (married, over 30 yrs, and own their homes) people first but it says at the bottom of the application that you sign that the potential customer must be 25 yrs and older and it doesn't have to be MAC people. Make sure to keep up with all of your receipts when putting in for gas, because they should tell you that you should be reimbursed for the gas. Just please keep a record of EVERYTHING that you do for that company, because they have messed over alot of people with their paychecks!
Ticktack
I'm going in today and I got to admit, I'm VERY NERVOUS because this whole time, I've been getting two sides of the story. I have a friend who works there and she said that she hasn't had a problem with it so I hope she's right.
I also work for Vector. I LOVED it in the begininng, and didnt think it was a scam. I still dont think it was a scam. I got a few good paychecks off of it, and then, after you branch away from your appointments with family it all goes down hill from there. im sure its possible, but its been really hard for me to find people who are welcoming to a kid with knives. Most people either own it already, or are just plain sick of kids calling them asking for appointments. In my opinion, its not worth your time, unless ur ready to eat, breathe, and sleep CUTCO. because thats probably the only way you can maintain this job.
i don't think its a scam. but there methods of getting you to sell are wrong. they tell you to offer people free things or discounts to get the customer to buy today but they don't tell you the more free merchandise u give away or discount you give it takes away a lot of your commission. i suggest that if you want to make good money with them don't offer discounts and if you give away free stuff give away the the stuff with the least amount of points.
Jose
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