Vector Marketing is the sales division of the Cutco Corporation which is a privately owned company that has been trading since 1949. Vector Marketing exclusively distributes the Cutco products. Vector Marketing operates from more than 200 offices throughout the United States and contracts around 60,000 independent sales representative each year to perform home demonstrations. As well as distributing in the USA, Vector Marketing also distributes the Cutco products in other countries such as the Canada and the UK. The Cutco Corporation has over 800 employees and has annual revenues in excess of $250 million.
I am always interested when people ask me if an MLM company is a scam. I have been asked this hundreds of times, which is more than most people will have experienced because of my active involvement in the Multi Level Marketing profession on a daily basis.
[adsanity_group num_ads=1 num_columns=1 group_ids=76 /]For Vector Marketing the answer is definitely NO, it is not a scam, which I say with the following disclaimer. I am not affiliated with Vector Marketing in any way whatsoever. I don’t recruit people to a Vector Marketing downline and I have not ever been in a Vector Marketing downline. What’s more I have not ever purchased any of the Cutco products.
So how can I judge the Vector Marketing business model?
I have been involved with Network Marketing since 1990 and I have also set up and grown a business to the point where at its peak it did had revenues of over $100 million a year from retail sales. This has given me a seam of experience that is fairly unique which I am able to use to look at an MLM company and see things that most people won’t be able to see on the surface at first glance.
The parent company of Vector Marketing is Cutco Corporation who has been trading for over 65 years. Cutco manufacturers a range of over 100 cutlery items, including butcher knives, paring knives, flatware, and other kitchen utensils.
For the small number of people who are au fait with the Network Marketing laws in the US that been in existence for over 30 years, it is very soon obvious that Vector Marketing is not just an first-rate Network Marketing Company, but also they comply with all of the legal requirements in all of the countries that they operate in around the world.
As well as meeting the rigorous FTC requirements in the US, they also qualify as a member of the Direct Selling Association (DSA) and they abide by their code of ethics. In fact the Better Business Bureaux has given Vector Marketing a rating of A+ which on a scale of A+ to F is the highest rating. Such a high rating clearly shows that Vector Marketing is a prime example of how to run a network marketing company.
The question of an MLM company being a scam originates from many people’s lack of understanding of the FTC’s legal requirements in the USA, and then armed with no knowledge they jump to an incorrect conclusion of mistaking a legitimate Multi-Level Marketing business opportunity for an illegal Pyramid Scam company. The majority of people who don’t properly understand the law haven’t taken the time to read and understand the background of the FTC cases that took part in the 1970s in the United States. After you have educated yourself with this information and then you look at various parts of the Vector Marketing business model you quickly see that they are providing tangible and real value to the home business market place.
The range of Cutco cutlery products that are available through Vector Marketing is superb. The products look well designed and they look like quality products, which is confirmed by the reviews that I have read on the products. I can genuinely say that at the point when I need any cutlery in the future I will definitely checkout the Cutco range of products.
[adsanity_group num_ads=1 num_columns=1 group_ids=75 /]The cost of getting started with Vector Marketing is the price of a sample set of knives, which costs $144 for a set of products that have a retail price of $540. It is possible to make money with Vector Marketing by retailing the product and also by recruiting people who sell the product .When you retail the products you make a commission of between 10% and 50% depending on the volume of sales that you achieve. If any one that you sign up sells the product, you make 2% commission on all of their sales. You only get paid commissions on your down line to one level so it is like Multi Level Marketing but to a single level – so you could almost call it SLM if such a thing exists.
I also looked at what longer term distributors who had been selling the products for some time had to say about Vector Marketing. These people had good things to say about the company. In fact I found quite a number of people who were making over $100,000 per annum, some were even at $500,000 per annum selling Cutco cutlery, the highest earner I could find was making over $700,000 a year – clearly there is a great opportunity with Vector Marketing. The verdict: a great company with a great product range and a great home business opportunity – clearly Vector Marketing is not a scam. Therefore in view of the information in this article it is probably best to not refer to the ‘Vector Marketing Scam’ anymore.
If you have decided that you are going to get involved with Vector Marketing, rather than wasting your time wondering if this business model is a scam it would be better for your future if you learned the needed skills that are needed to be understood to take your Vector Marketing business to the next level, so you are able to easily recruit people into your organisation.
There is a Free Video Here which will give you the information that you need to recruit people into your Network Marketing business. This video will show you how to recruit in the way that some of the biggest earners in MLM do. This information is not taught to you by Vector Marketing so make sure you see it here.
Using the information that you will learn you will discover how you can recruit people other than friends and family. Also you will learn you to access people who are eager to get involved with your home business opportunity. So click here now to get the information that you need for your business to grow and become a success.
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