I’d like to take some time today to provide with my vector marketing review and finally answer the question that so many people around the internet seem to be asking, is vector marketing a scam? The quick answer to this is no they aren’t a scam but they aren’t a company I would recommend fully without giving you some precautions to consider.
What Is Vector Marketing?
Vector marketing actually was founded back in the 1940s as another name, Alcas corporation. They started selling the famous Cutco products in the beginning of 1981 as an independent distributor but then was bought by Alcas shortly after in 1985. Vector marketing started off on united states primarily but then expanded into Canada by 1990.
Cutco is a very well known and reputable high quality kitchen cutlery and accessories. Vector Marketing is a direct sales company that sells these Cutco products and bring in over $200 million every year. They belong to the direct sales association, is responsible for providing the highest optimal level of standard when it comes to selling products with integrity
The Sales Aspect Of Things
Before I speak on this and before you even think about joining this company I suggest you read all the info on their website that they provide. Realize that you are not getting paid by hours ! You are required to bring in the customers, set appointments, and most of all try to convert these meetings into paying customers.
You will be setting appointments with most likely the people you know like family and friends ( this is encouraged). You will be giving presentations to these customers but know that you will be asked to phone each one of these people attempting to get them to agree to an appointment. This will be good practice as it helps to get practice with people you know to remove the nerves right off the bat.
After you done this then the process of branching out begins as the people you already have completed a meeting with can recommend you to other people they know and it just keeps moving like that.
The thing that I hate is the actual calling up people side of things, let me explain. It honestly takes guts to pick up that phone and contact potential customers. You have to be open minded about that you wont always reach them and when you do that doesn’t mean that they are able to talk at the moment.
Let’s say you do reach them and set an appointment there is still that possibility that they wont make it to the meeting and believe me this is very frustrating. Let’s say you do get a meeting with someone and you give your presentation, you wont always turn these people into potential customers. In reality, most sales rep don’t even turn 50% of these appointments into paying customers.
They Do Train You
You should be aware that yes they do train you but like I said you don’t get paid by hours so just know that your training isn’t paid to you. What works against most MLM business opportunities is that their products are completely horrible and provide no real value to the potential customers.
There are no real competition for Cutco as far as Cutlery brands are concern. If you actually reach out to customers that have used Cutco in the past you will see the satisfaction that Cutco delivers. Many customers claim that they have used Cutco for over 20 years. The best part of Cutco is the fact that you will be promoting a real quality product that you most likely will use in the near future one way or another.
You will be trained how to execute your presentations and after a couple of appointments you should feel very comfortable.
Once you do get a customer to fill out an order the company factory which is in Olean, New York will ship these products. The Vector Marketing representatives or in this case, you will not be responsible to delivering the products to the customers.
The Customer Referrals
At the end of every presentation you will ask for referrals from the people you are meeting with. Even though you will be giving presentations to family and friends at first it is expected that you will expand to people that are going to be referred to you that you most likely never seen in your life.
This can be a concern for many people as they are just shy or timid but if you can be comfortable with this step then I don’t see why you shouldn’t see any success.
My Verdict On Vector Marketing
While there is a major confusion going on whether vector marketing is really a scam or not. The point of this review was to provide all the necessary information for you to make an appropriate decision. As far as I’m concern no Vector marketing isn’t a scam at all but there is an over hype around this company that has many people believing they can all achieve full time income through them.
This is not true, not everyone succeeds in direct sales in reality the people that succeed is probably less than 30% at the minimum. If you feel you have what it takes to thrive and stand out in the world of direct sales then go for it.
In the other hand, this type of business opportunity might not be for everyone and that’s totally understandable. Direct sales isn’t for me either ! I don’t like it all but what I do like is building online businesses on the internet. Want to learn how I accomplish this ? Go take a look at my number one recommendation as it will explain everything you need to know.
If you have any experience or just want to share your thoughts on vector marketing, leave your comments below.