Hi, and welcome to my Vector Marketing review.
I know that most of you have heard of Vector Marketing but don’t know anything about the company, and that is why you are here to learn more about them.
This review will take an in-depth look at this company and see whether Vector Marketing is a scam or legit.
Throughout my review, there is no affiliate link to Vector Marketing. This is because I don’t promote companies that I don’t recommend. So you can rest assured that you will get an honest and unbiased review from me.
I have tried and tested 600+ courses, scams, and all sorts of schemes to find the best way to make money online.
In other words, I’m passionate about knowledge that helps to improve our lives, build a business online, and more.
In this review, we will try to answer all your questions about Vector Marketing such as what it is, how it works, what the pros and cons are, and more!
This should give you a clear understanding of the company and help you to see if it is worth joining or a waste of time. Is Vector Marketing legit? Let’s find out!
Vector Marketing Review – Overview
- Product: Vector Marketing
- Type: MLM
- Price: Free
- Recommended?: No
Overview: Vector Marketing is a multi-level marketing company that has been around for many years. But is Vector Marketing a scam or really a legit opportunity to make money?
The website is free to join, and its main target audience is students who are looking to make money selling other people’s products and services.
The Vector Marketing program provides proper sales training, which is great. The company has been around for many years, which is also a very good thing.
However, there is something that you need to know before you join this company.
If you’re in hurry, I could save you time and say that Vector Marketing is not a scam. But I don’t recommend this to my readers. In my opinion, there are too many red flags associated with Vector Marketing.
To learn more about the opportunity to make money with Vector Marketing, keep reading this review!
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What Is Vector Marketing?
Vector Marketing is an MLM company that has been around since 1948. It was founded over half of the century in New York.
In 1985, the company was acquired by Cutco Corporation making them a wholly-owned subsidiary. For those of you who don’t know about Cutco, here’s a link to my Cutco review.
As for Vector Marketing, after the acquisition, the company is now branded that sells Cutco Cutlery.
Because of this, the company expanded its product to sell kitchen cutlery, kitchen tools, and sporting knives.
The company has been around for a very long time now, and they have grown globally known as the largest producer of kitchen cutlery.
So is Vector Marketing a scam or legit?
I have mentioned in my Cutco review that Vector Marketing only targets students, especially those who just graduated, by luring them with the possibility of employment and to earn money by selling their products.
If you got hired, you would now become their door-to-door as a salesperson.
However, Vector Marketing is followed by a controversy that they provide false information to students. Not just that but, there were also a handful of lawsuits.
There was also an issue that the people they recruited earned nothing. Some of them even lost their money.
But despite all the negativity that they get, they are still running to this day. This is a sign that, after all, Vector Marketing is legit, probably.
On the other hand, lots of young people who joined the scheme have said that Vector Cutco Marketing is a scam.
What Is Working at Vector Marketing Like?
While trying to find out whether Vector Marketing is legit or a scam, I bumped into tons of reviews on YouTube.
Below are videos where former participants share their honest experience working with this company.
As you can see and hear from these Vector Marketing reviews, most users claim that Vector Marketing is a scam.
Who Is Vector Marketing Best For?
Ideally, the person most suitable to work with Vector Marketing should have great salesman skills. On top of it, a lot of money to endure all the costs of working with this opportunity.
This person should be highly experienced in MLM and selling products and services to others.
See, if you’re just looking for a way to make money online, this is not it.
To actually make money with this company, you have got to be in it for the long run.
As an associate, you are taken into consideration independent service providers for Vector.
The framework of Vector is that you do in-home presentations presenting the knives and various other items. You will be paid a base salary for doing these showings.
And obviously, you are always urged to share the items with your family and friends. If you make a sale you’ll make money in compensation from the sale.
They will provide the needed training that will certainly teach you concerning their products, as well as boost your interaction abilities.
Their goal is to construct your confidence and also provide you with skills that you’ll be able to take into your job.
As you’re about to see in this Vector MAaketing review, the company tries to recruit young people who are right out of school promising high pays and more.
But I personally wouldn’t say that it is for them.
Yes. You can start selling their knives and master all the skills along the way. But is it the way a young person wants to start in life?
I personally wouldn’t recommend this to my kids (when I have them), a family member, or a friend.
How Does Vector Marketing Work?
Here’s how Vector Marketing works. First, you need to undergo an application and interview process. The initiation process could potentially involve a physical interview.
So it’s 50/50 that you will get hired by Vector Marketing.
Also, when you apply, you have to prove yourself first and make it through the application process.
If by any chance you manage to get through the application process, then you are now employed and have the opportunity to promote Cutco products.
However, that doesn’t mean that you will earn money right away.
You see, before you make money with Vector Marketing, you have to invest some first.
That means you have to purchase your own set of demo Cutco knives first.
They claim that they will loan these demo knives to you.
However, based on my research, if you decide not to pursue the opportunity or don’t make enough sales, you will have to pay for this with your own money, costing you around $400 or more.
Not just that, you will also have to shoulder the expenses you make when you do business presentations such as gas, types of equipment, and more that you need for your business presentation.
It will cost you a lot of money.
Yeah, it is free to join Vector Marketing, but you’ll be lumbered with big money with all of these costs.
Anyway, let us say that you got hired, then you go ahead with all of this.
You will now go around knocking on doors and setting up appointments with other people to come round and demonstrate your products.
Let me remind you that you won’t get paid for this. But, as I said earlier in this Vector Marketing review, you will be the one shouldering the expenses.
Now, for each of the demonstrations that you did, you’ll receive guaranteed base pay, and you’ll also receive a commission should you go on to manage to sell any of the products demonstrated.
Vector Marketing doesn’t specify the pay rates on their website, but they will pay you $15/hour based on my research.
However, that is not true because, base on my research, your pay is only commission, and you make minimum wage if you’re lucky.
In the next section of my Vector Marketing review, I will show you how you can make money with this MLM.
How Can You Make Money With Vector Marketing?
As I said earlier in my Vector Marketing review, once you get hired as a sales rep, you work as an independent contractor, meaning that you have to cover all the costs to promote the products.
I don’t like this company because you have to spend a lot of money and not just that, there is also no guarantee that you will succeed.
So all your effort in promoting the products will be gone to waste in case you fail.
Upon my research, not everybody was happy with the independent contractor set up, so many people point fingers at them for deceptive practices.
As I mentioned earlier, there was a controversy about Vector Marketing that Wisconsin ordered the company to stop providing false information to students.
Also, I mentioned earlier that almost half of the recruits earned nothing and even lost their money.
Now back to our topic.
So how can you make money with Vector Marketing?
Here’s the kicker, with this company, you won’t earn that much, and you only get a 10% commission.
But if you manage to sell more, there is a possibility that you will earn a 35% commission.
However, this is still an extremely low probability, knowing most sales reps make 60% per product sold.
Selling knives to other people is not that easy, especially if you just graduated or have no sales experience.
Not just that, you’ll also have to think about organizing demos with your products, and that will cost you a lot of money.
They said that they would pay you $15 per hour, but the truth is they will only pay you $15 per appointment, and that is impossible because it’s not like there’s going to be one every week.
Overall, there’s very low earning potential working with Vector Marketing.
Not just that, there are times that the management can get a little aggressive when you don’t make money, so you’ll be in for a whole new level of pressure.
Vector Marketing Complaints
Here’s a complaint that I saw in BBB(Better Business Bureau) from a customer who claims that they sent a letter to her daughter trying to get her to join them.
See the image below:
In the above complaint, the person complained about Vector Markering’s sales reps harassing his student daughter to become their prospector.
Any company that doesn’t respect other people’s privacy is doing business wrong.
And the image above shows a complaint about the low pay. Katherine says that you can barely make a minimum wage selling their products.
This is the main reason why I don’t like Vector Marketing.
Yes, there is no cost to become a distributor, but I still don’t recommend this company to you.
So is Vector Marketing a scam because of this? Let’s go over some red flags first.
Vector Marketing Red Flags
Vector Marketing has a handful of lawsuits.
In 1990, Vector was sued by the Arizona Attorney because they misrepresented its compensation system.
Click on this link to Wikipedia if you want to know more about the rest of the lawsuits.
Unpaid training Lawsuit
Here is another one that Vector Marketing Corp allegedly violated the Fair Labor Standards Act and state laws in California, Florida, Illinois, Michigan, and New York by mandating unpaid training.
Click on this link if you want to know more about the story about the unpaid training lawsuit.
No Compensation Plan
If you go to their website, you can see that there is no compensation plan.
I have said this before in my Vector Marketing review that it seems that this company doesn’t care much about considering what potential members might need from them.
No Income Disclosure
There is no income disclosure on their website, so how can they prove that those people earn money without income disclosure.
There is no other product that Vector Marketing has to offer than selling knives.
However, the products that Cutco sells are not that cheap as they cost thousands of dollars.
So how can you sell those expensive products? Also, not everyone can afford that kind of price.
Is Vector Marketing A Scam?
Vector Marketing is not a scam. The company has been around for a very long time. This is always a good sign.
Also, the company sells real and tangible products, so it is hard to say if they are a scam or a pyramid scheme.
The scam part about them is how Vector Marketing does business. It’s pretty dodgy, and the earning potential is very low.
Yes, the company does offer a product for you to sell. However, there is a possibility that you won’t earn here because not everyone can afford the price.
Yes, knives are useful and essential in every household. However, I don’t think you will make good money with this kind of opportunity.
Also, as you can see, the company has a handful of lawsuits, so I don’t recommend this company to you or anyone.
There have been a couple of suits submitted versus Vector. Each one is even worse than the last.
In 1990, the Arizona Attorney general of the United States sued them for their recruiting methods, calling them deceitful.
Then again in 1994, they were gotten to stop misleading recruiting practices in Wisconsin.
In 2008, they got hit with a class-action suit. They weren’t paying their sales agents minimum incomes, as well as this situation, opted for $13 million in 2011.
In 2014, they encountered one more class-action suit for unsettled minimum wage in numerous states, consisting of New York, The Golden State, Florida, Illinois, Michigan, Minnesota, Missouri, and also Ohio.
After that in 2017, Vector Marketing had to pay $6.75 million to clear up another class-action legal action. They didn’t pay sales reps that attended the training.
In this exact same year, one more class-action lawsuit was filed by division managers. They believed they need to be compensated as workers, not professionals.
So no, Vector Marketing is not a scam. But this is not something that I would recommend to you.
Is Vector Marketing Legit?
Vector Marketing is a legit direct sales business whose independent professionals earn money by selling knives, cooking area cutlery, and various other Cutco products.
The company service techniques involve “job interviews” to recruit university students as sales agents to sell to family and friends.
On the other hand, if you’re looking for the best business model to earn passive income online as a beginner, there are other, more suitable, and cost-effective alternatives.
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What I Like About Vector Marketing
- Free to join
- Develop sales and leadership skills
- Good quality products
- The company has been around for a very long time
What I Don’t Like About Vector Marketing
- Handful of lawsuits
- There is a possibility that you won’t earn here
- Low-income opportunity
- It will cost you a lot of money for promoting the product
- No Compensation Plan is given on the website
- No income disclosure
- Lots of people say that Vector Cutco Marketing is a scam
Final Words and HONEST Recommendation
Now you know about Vector Marketing and why I don’t recommend this company to you.
The company does offer a tangible product for you to sell, which proves that Vector Marketing is not a scam or a pyramid scheme.
However, the company’s troubled past with a handful of lawsuits and complaints left a bad impression.
Also, I don’t like their ways of recruiting graduate students and their marketing approach to gain more distributors.
There are a lot of MLM companies out there and most of them are legit businesses.
However, what I don’t like about MLM is that it involves recruiting people, which will put you in danger because there is a possibility that you will lose someone in your life if you try to sell to your closest friends or family members.
Also, you will have to spend a lot of money like making a website, running online ads, paying for gas, presentation, and more for you to sell your products.
Not just that, most MLMs require a monthly quota, and if you don’t sell, you’ll be forced to purchase the products yourself so you can earn a commission.
So you’ll just be spending more money again.
I don’t like MLM’s because they will cost you a lot of money. Moreover, they work the best for those on top!
As for Vector Marketing, all you have to do is sell knives, but I don’t think everyone can afford to buy those knives because of their price.
That is why I don’t recommend this company to you or anyone else.
I suggest finding another way to make money where you don’t have to force anyone to join the company just to make money.
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