Thursday, May 28, 2009

Vector Scam |Hear Both Sides of Marketing Company Story

Is Vector a scam?

The Cutco cleaver

The Cutco cleaver

Rumors are circulating about the latest version of the “Vector scam,” otherwise known as Vector Marketing Company, are once again circulating the Internet. We’ve all heard of “work from home” scams, and many people believe that this is one of those.

Of course, others out there will tell you working for Vector is a lucrative job. In fact, there are plenty of online testimonials from people who say they have earned great money, learned a lot and been “pleasantly surprised.”

Claims tied to Vector scam

Here’s the basic scenario: Vector Marketing advertises online that it is looking for salespeople. The job offers $15 to $16 per hour, flexible schedule, be your own boss, etc. You’ve seen it before.

The job is selling Cutco cutlery — in other words, knives. However, the jobless people who decide to pursue a career with Vector soon find out they might need some quick personal loans just to get the gig going. The money will come later, or so they think.

Why pay for a job?

Vector Marketing requires salespeople to pay for a demonstration kit, meaning they must purchase a set of the knives themselves and use them to sell said cutlery. Also, and this is where it gets shady to me, they are required to pay for training.

I don’t know about you, but I have had several jobs and in each case the company paid me for training, not the other way around. But, still, Vector says if you pay for knives and sales training you can be an independent contractor and you’ll be allowed the privilege of selling Vector’s Cutco knives. ... click here to read the rest of the article titled "Vector Scam |Hear Both Sides of Marketing Company Story"

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