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About to start work for them shortly. I have heard of them as they are a long-going and larger seller of cutlery. It is a sales position which is not everyone's cup of tea and probably a large part of the low scores provided here. For all those who keep putting up the better business ratings, these are not valid as most people know you pay to be put in the BBB which negates its validity to gauge any organization with any real accuracy. A simple Google search however can tell you a great deal of what to expect and be aware of so you can determine if this is a company for you or not. Here is a more valid place to find more on them for anyone with doubts. https://www.glassdoor.com/Overview/Working-at-Vector-Marketing-EI_IE26785.11,27.htm
Полезный
"You can't believe everything you read on the internet" - Abraham Lincoln Vector is not for everyone and i'm grateful for that because it creates an environment of motivated, business minded people who spread positivity, and who are committed to building a bigger future. I find it sad that people spread so much negativity and deter people from trying something that could help them step out side their comfort zones and actually gain some real experience and skills. I guess misery loves company. I urge anyone interested in Vector to try it. It might not be for you, or you might use it as a stepping stone to your dreams.
Полезный
I own Cutco knives and have worked for the company, this is not a scam and is not a rip-off. This is an American company which makes and sells their products out of Oleans, NY. Made in America is a good thing. Better yet, they really stand behind their products, no matter how long you have had them. I have some Cutco knives that are from the 40's and when I sent them in for free sharpening I got them back in like new condition. The one that had a broken tip was replaced free of charge. Not a scam or a rip off in any manner.
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I'm not sure, but on BBB it has been accredited for 4 years, 2012. *****
Полезный
I am a very satisfied customer of this company. It's been around since 1949 and it is NOT a scam company. Everyone who deems it a scam very possibly may be disgruntled x-salesmen who didn't want to put hard work into making a living doing it. My grandson is a rep and he does very well because he works hard at it and deserves what he earns. If a person isn't willing to put work into this job, they are not going to make the money they desire to be making. I've rated this web site as "I Trust" and "Suitable for Children" but I cannot seem to figure out how to get the GREEN rating to show up. It remains "no color" and says I have not rated it. What is up with this?
Полезный
i work for this amazing comapany so i dont know why it says its a scam. im 18 so im young and ive really had some great experiences with this company, their website is fine. great actually, its just a normal website where business is conducted.
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You no longer have to pay to work or anything like that. The CEO used to be the Uber guy (no comment) but its different now and doing better with the economy. My personal experience has been good and the site is appropriate for children, that's just people being petty.
Полезный
Legitimate site. Used for recruiting. No malware, potential virus attachments, or dangerous redirection. Used link on ***** to reach vectormarketing.com site. Purchased Cutco products from Vector Sales Representative.
Полезный
Scam type of business, more information here: ¨http://www.reddit.com/r/AskReddit/comments/1w8bwh/what_is_something_you_opted_out_of_that_went/cezrm5g
1
Just saying, every beurocracy (virtually every business) is a pyramid scheme. Ive worked for vector for over a year and now im a payed manger. Honestly, if you cant suck it up and sell for a year (making your own hours and getting payed regardless of sales) then you dont deserve a good job. Its not the best job in the world but probably the best for young adults looking for professional reseme experience. I have been offered 2 jobs in assest management firms and a job as a retail manager just because of my vector experience. Dont knock it until you get the facts straight. But by all means, dont go to the website. It just makes my job easier.
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***** is a good site. And Vector is not a scam. The only reason why everyone thinks its a scam. Is because they never have gone far with the job. The job is not for everyone, as they tell you. Its all about numbers. You have to do your job in order to change and make money. Yes back in the past people had to pay for their supplies to show people. They have change all of that. Like I'm going to say this job isn't for people that are one set mind set, cocky, and not a team player.
Полезный
Multi-Level Marketing Scam. Avoid them.
2
i worked for this company getting 16.75 per appointment and it was fine. but they do not pay you for gas or anything. i was loosing about 5 dollars a week driving to go to all of the "meetings" that consisted of setting up at least 3 appointments for the week each meeting. (3 meetings a week mandatory up to 5). then they wanted me to pay them $120 dollars to work after 6 months. Point is if you want a job that you spend more than make.. have fun
2
I worked really hard to find all this information by contacting the actual company and other companies to verify the claims. So I hope this helps! After weeks, thorough research strongly suggests that Vector Marketing is not a scam. Here's why: The following claims against Vector Marketing ARE true: -They company posts a discreet job description on advertisements to attract students and other unemployed individuals. -The training serves as a class to teach the average person how to become a salesman. It is unpaid. -The sample kits are NOT required to be purchased to start selling. -The company does NOT use unethical business practices to attract the student population. -The company does NOT operate on a pyramid scheme. -The $14-17 base pay is guaranteed. -The company does NOT pay through commissions only. -The company IS a multi-million dollar corporation, growing at a rate of 10% annually. Any questions on sources or other info? contact me: *****
1
i know you may all think im a paid person to talk good about cutco.. i started in may and didnt have to pay anything to sign up.. the reason some kids dont make any money is cuz they dont do the work (demos with 25yr olds and up and have a job).. that is their requirements they explain in the interview.. im a college student and make good money when i actually work the job.. more money then ive ever made... ya it may seem like a scam cuz they do hire alot of pple.. the reason they do so is cuz only 20% of them actually stay longer than a month.. but im just saying my part since i have been successful because im not lazy
2
I was very successful with the company and I wasn't charged for the sales kit. I had to put a deposit which was understandable, but got the check returned when I returned the sales kit. The Website itself is safe, people are rating it low because they do not like the company, which is not what WOT was intended for.
5
I made my research and this is what came up, as far as I researched, your time and money is not worth it. History Both Vector Marketing Corporation and Cutco Cutlery Corporation are wholly owned subsidiaries of Cutco Corporation. Formerly known as Alcas Corporation, the company was created as a joint venture between ALCOA and Case Cutlery. The factory in Olean, New York was completed in 1949, and the first set of Cutco Cutlery was shipped to New Kensington, Pennsylvania that same year. ALCOA purchased Case's share of the company in 1972.[citation needed] In 1982 members of management purchased the company from ALCOA in a management buyout. The company remains privately held today, and is a major employer in Cattaraugus County, New York.[2][3] Vector began as an independent distributor of Cutco Cutlery in 1981, Then Vector was purchased by Alcas Corporation in 1985 (in 2009 Alcas changed its name to Cutco Corporation). Vector Marketing then expanded into Canada in 1990.[4] [edit] Business model Vector Marketing is both a multi-level marketing and a direct sales group that builds its work force through advertising via newspapers, direct marketing, word-of-mouth, posted advertisements, letters and various mediums on the internet.[5][6][7] Their fliers advertising "student work" are a common sight in many high schools and college campuses across the United States and Canada. Students are hired to sell Cutco products (mainly kitchen knives) to customers, typically their friends and family members via one-on-one demonstrations.[8] [edit] Controversy and criticism Some of Vector Marketing former independent contractors have accused Vector Marketing of unsavory business practices.[9][10] Vector frequently advertises in newspapers and on fliers posted on bulletin boards at college campuses, but seldom do those advertisements explain the nature of the job.[11] Vector Marketing used to require sales representatives to make a security deposit of approximately $139USD in order to procure a set of knives for demonstrations, prompting some to complain about this policy, even when the deposit was refundable if a representative chose to quit or the contract was terminated and the sample kit was returned.[12] [9][10][13] The sample kit must be returned if the representative concludes work with Vector.[14] Students who work for Vector Marketing are considered independent contractors and are not reimbursed by the company for money they spend on gasoline and usual business expenses while working or for the time they spend at training sessions.[6][9] In the 2008 case Vector Marketing Corporation v. New Hampshire Department of Revenue Administration, the Supreme Court of New Hampshire ruled that Vector employees are independent contractors and Vector is thus exempt from the state business profit tax.[15] Vector was sued in 1990 by the Arizona Attorney General and in 1999 by the Australian Competition and Consumer Commission. In 1994, the state of Wisconsin ordered Vector to stop providing dishonest information to recruits.[16] The state and Vector agreed to a settlement that punctuated a series of state actions against Vector's Tucson manager that spanned seven years. Vector agreed not to misrepresent its compensation system as part of the settlement. As a result, Vector no longer recruits in the US state of Wisconsin.[17] In 1996, The Washington Post reported that of "940 Vector recruits surveyed, nearly half either earned no money or actually lost money through working with the company."[18] A recruit who was successful in a lawsuit against Vector for failing to adhere to labor laws in New York state co-founded a group called Students Against Vector Exploitation (SAVE).[19] [20] In 2008, Alicia Harris filed a federal class action lawsuit against Vector. Harris alleged that Vector violated California and federal labor law by failing to pay adequate wages and illegally coercing employees into patronizing the company.[21] The case, Harris v. Vector Marketing Corporation, is pending a final settlement approval for $13M USD before Judge Edward M. Chen.[22]
Полезный
This place is bad, they take gullible young adults that are very social and they cheat them out of money by making them pay over 100 bucks for the knives they sell and then they make the kids sell the knives and if they don't sell it after the first day they have to pay more for it. I went to an interview with them and the kids there were very stupid and gullible, they were hired but I was not because I am not social and I knew what was going on so I had a don't care attitude. When I was at the interview, I noticed they try to get the kids interested like "Wow, I could really do this and go far!" but it's in fact all a trap!
1
To start off, @ZeroKnight6867: I have no idea where you got that load of bull, but there is no deposit required whatsoever for the sample kit they give you nor for anything else regarding the job. This brings me to my next point. Vector Marketing corporation is NOT a pyramid scheme. It is a multi-level marketing organization. This is different from a pyramid scheme in that a pyramid scheme is unsustainable in the sense that those employed by the company will need to put in an initial deposit and have to "recruit" more "employees" in order to make a profit whereas a MLM does NOT require the "employee" to "recruit" new "employees" to make a profit. There is nothing inherently wrong with a MLM organization; just that the people at the top will always be making the most money (but what large business isn't like that?). As for the pay system, employees are paid on a weekly basis. You get a $14.25 base pay rate and a 10% incentive pay rate (which increases in percentage for each promotion you earn by selling a certain amount of product). You will be paid either the base pay rate or the incentive pay rate at the end of the week depending on which is higher. The base pay rate is $14.25 per appointment you set with a client while the incentive pay rate starts at 10% of all commissions paid out (CPO). For example, if you were to set 10 appointments one week and only sell $500 in those 10 appointments, you would earn either 10x14.25 (142.50) or 500/2 (50). In this case, the base pay rate of $14.25 pays more so you would earn $142.50 (non-taxed) for the week. But if you were to sell $5000 instead in those 10 appointments, you would earn either 10x14.25 (142.50) or ***** (500). In this case, the incentive rate of pay is higher so you would earn $500 (non-taxed) for the week. This pay system ensures a low-pressure work environment while still encouraging people to get out and sell the product (especially during "push periods" where people can earn special perks like free trips to Vegas etc. by selling enough Cutco). As for how they can sustain themselves, they are a very secure company. This regards jsnric31's comment regarding who would be buying knives. The business that Vector is involved in is not a knife selling business, it is a people business. Employees are encouraged to get to know their clients on a personal basis and build connections with the people you meet (a pair of VERY valuable sales techniques that even my mom who worked as a golf sales manager for over 15 years stressed to me). The business isn't so much concerned with selling the knives as much as it is concerned with finding potential customers. As my manager explained, "10% of the people you meet will always buy, 20% will never buy, and the other 70% depends on you". The economy is actually one of the biggest reasons that Vector and Cutco have had such success. With everything costing more and more, there are more and more people cooking at home rather than going out to eat and with the average knife dulling out in less than 8 months, there are TONS of people who could find use for a high quality set of cutlery that stays sharp for up to 12 years (especially with their forever guarantee which replaces or repairs any knives that need servicing for FREE). What sells the knives is the demonstrations the reps put on (cutting rope and cutting leather which simulate tough vegetables and tough meat respectively) comparing the knives in the customer's drawer to the knives they are marketing. Vector Marketing is also very reputable for their training program. So educational is their training program that many business professors make attending the Vector training program and getting out in the field a requirement for a grade. It also offers valuable sales experience for any aspiring businessman along with 1 on 1 coaching the sales reps will have with their manager while on demonstrations. But the company does have its downsides. For one thing, sales reps are only allowed to put on demonstrations with people that give them permission. This means no cold calling, no telemarketing, no door to door, etc. This also means that there will always be only a limited amount of work if you don't set a good impression with your clients as you can only get "recommendations" from people you have set up demonstrations with. Basically, if they don't like you then you don't have work. This does bring me back to my previous statement though that this is more a people business than a knife selling business, but ultimately you will only get paid as much as you're willing to work. On the same token, you will only work as much as you want to get paid as their schedules are completely flexible and there are no quotas that need to be met to keep the job (it costs them nothing when you don't do demonstrations as there are no operational costs). Another thing is that because all appointments need to be set up one on one and face to face, many of your appointments may have you driving all the way to the other side of town and back for 2 different appointments which may cost a bit in terms of gas money. Another thing is that people simply looking for some short term summer work will often only be able to sell to their friends and family which will cause them to benefit from the loss of their friends/family. Though they are getting a good deal on a fine set of cutlery with a great guarantee, with only 10% starting incentive pay (15% after they sell $1000 worth), the vast majority of the profit is going to the company and not to the employee (you will only start earning a good amount of the profit after you hit about 30% incentive pay at $10000 worth of sales). Another thing is their sales rep agreement which states that people only qualify as "potential customers" if they are 25+ and have a sustaining job. This means that college students (usually 18-21) can't simply put on a demo with another 18 y/o friend and earn the $14.25 base pay. This system makes the sales rep actually have to work to find clients and, though it is a very great business experience, may make it very difficult for people who aren't really looking into Vector as a long term employer. P.S. It's not very hard to find buyers as the product sells itself if you just follow the training manual they hand out. Most people will sell at least $1000 worth of Cutco in their first week. The biggest problem is that most people will quit after the summer is over and never maximize the potential profits they could make by selling Cutco.
1
They are accredited by the BBB.
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