At first Vector Marketing is a great place to work if you are a service rep, but long term this job isn’t sustainable if you want to do it for multiple years because you will run out of people to call and runout of recommendations to go off of.
MYTH: Vector Marketing is a scam because it’s a multi-level marketing company. The TRUTH: Vector Marketing is not a multi-level marketing company. Vector Marketing is a single-level, direct-to-consumer marketing company and is recognized as an official member of the Direct Selling Association.
Average Vector Marketing hourly pay ranges from approximately $8.00 per hour for Organizer to $22.30 per hour for Entry Level Sales Representative. The average Vector Marketing salary ranges from approximately $15,000 per year for Sales Associate to $50,967 per year for Sales Representative.
Yes, there is paid training .
The company is technically not a pyramid scheme or a multi-level marketing scam. But because Vector does rely on its employees to work at their own rate selling knives, it can certainly appear as a scam to many people introduced to the job for the first time.
your $18 /hr base pay is not that at all: (my italics) “Our reps earn commissions for sales made. We also offer a guaranteed base pay per qualified appointment. This means you’re guaranteed to earn something for each qualified appointment completed, whether or not you sell anything.
Everyone starts at Vector Marketing as an entry-level sales representative. Our reps schedule appointments and introduce prospective customers to CUTCO Cutlery through one-on-one demonstrations. This can happen in a customer’s home or online with a customer.
No CUTCO is not a pyramid scheme . The traditional business model is a “direct sales” model where students can only make commission from anything they can sell. There is no way to make money or bonuses from recruiting others into the business.
Cutco was a very good job while I had it. They had a flexible schedule and I could work when I wanted to. I worked for how much money I earned. The more I sold the more made.
You only make money if you sale something and what you get paid is not a lot but you have to go to these meetings they have and they take your checks from you . They do have a customer service call center, and honestly yea the job is basically just sales experience, and selling the product is with any marketing company.
Vector Marketing is a multi-level marketing subsidiary company and the domestic sales arm of Cutco Corporation, an Olean, New York-based cutlery manufacturer. The company was founded in 1981 in Philadelphia, Pennsylvania.
Vector representatives market Cutco products. They are responsible for scheduling their own appointments, conducting presentations, writing up orders, generating referrals, and turning in weekly reports.
Cutco reps are paid a commission based on the sales they bring in. For example, those who sell up to $1,000 worth of merchandise receive 10%, while those who collect between $6,001 and $10,000 are paid 25%. Kernus, who generate more than $20,000 in sales, earn a commission of 30% or more.
Base pay is the initial salary paid to an employee, not including benefits, bonuses, or raises. It is the rate of compensation an employee receives in exchange for services. An employee’s base pay can be expressed as an hourly rate or as a weekly, monthly, or annual salary.
All Knife Set with Tray $519 $585 if items purchased separately. All Knife Set features super-sharp American-made cooking knives that deliver clean cuts and make prep work fast and easy. Complete with a tray that will safely store and protect the edges of your knives. Hang on a wall or store in a drawer.