you've probably heardcutco cutlerybecause someone, a friend or family member, introduced you to the company. Perhaps she attended an online workshop or seminar, or perhaps an information session in person.
Your head is probably spinning. This may be the first time you've heard of a real opportunity to earn money outside of a typical job.
So, first of all, congratulations!
You've just entered a whole new world... the world of making money on your own terms.
However, you entered through the wrong door.
GOODcutco cutleryis, purely and simply, aMarketing multinivel. Give it any fancy name... Multi-Level Marketing (MLM), Network Marketing (NWM), Direct Selling or whatever, it's the same concept:
You pay some money up front for the "opportunity" to sell products.
Products tend to be low-quality but high-priced (due to fancy labels and such).
They are told that the key to building their own successful business is to sell these products to friends and family and buy them on a subscription basis (this is how you earn "recurring monthly income").
Unfortunately, like most people who fall for these kinds of shows, you'll soon find that the well runs dry faster than you thought.
After all, they look pretty easy. "Just bring 5 people you know to this magical widget and things will grow from there."
And in your head you think "How hard can it beI know a lot of people, 5 it will be easy”.
But then you do that and you realize people are looking at you like you joined a cult. They have become "that person" who joined an MLM and is now trying to sell questionable products or services to everyone they meet.
Strain your relationships and you are caught between two worlds.
But it's not your fault. These companies spend millions of dollars each year figuring out exactly how to brainwash and recruit people. And that is why we are here.
So you can find a better way before it's too late.
So what if there was a way?Create a passive income streamreally passive?
A source of income that does not require:
- Sell to friends and family.
- selling to strangers
- recruit people
- Dealing with dubious products that weigh on your conscience
A source of income that generates constant income every month.(from a few thousand dollars to more than $10,000)?
A source of income that you could generate in your spare time and grow as much as you wanted without having to spend hours a day hunting, selling, or managing anything?
If this sounds like something you might be interested in,Boxdigital real estate.
This is nothing like MLM, and that's probably a good thing.
However, if you still want to know more about itcutco cutlery, Keep reading.
Is Cutco a pyramid scheme?
So let's get one thing straight.
You are reading this because you have probably heard of it before.Cutcooffers $15 an hour.
As more and more people fall victim to scammers, I have been especially motivated to teach and analyze profitable trading opportunities like this one.
In this article, I will describe the pros and cons of joiningcutco cutlery, and finally address these questions: “Cutco is a scam, aPyramidenschema, or can you really make a lot of money selling knives?
we will checkvarious aspects of Cutcoto decide if it really is the best network marketing platform out there.
We talked about whether network marketing is the right online business model for you.
At the end I will answer some of them.frequent questionsabout Cutco and MLM in general.
Cutco Review: Overview and Rating
Name: CUTCO CUTLERY
Founder:Alcoa Company in 1949 (now owned by Vector)
products(prices included): 60 out of 100
Success stories:30 out of 100
Entry price:Free – before $300+ (100 of 100)
Summary:Cutco is a direct sales company for cutlery and cookware that will pay you $15 for every successful presentation you make to potential customers.
Rating: 60 out of 100
What are Cutco cutlery?
Cutco Corporation, a private company, is a New York-based cutlery direct sales company that sells through direct sales.Marketing vectorial, a business model of MLM or Multi-Level Marketing.
Its purpose is primarily to provide a businessOpportunity for stay-at-home parents, students and staff, where they can earn a 10% commission selling knives as a sideline.
they boasthigh quality cutleryand cookware, all made in the USA and backed by a lifetime warranty.
Founded in 1949, Cutco was a product developed and designed byAlcoa and Case cutlery.
As the story goes, Alcoa bought shares in Case in 1972. Consequently, Alcoa bought out the entire company in 1982 by Alcas management.
Alcas, purchased in 1985Vector Marketing Corporationto act as the MLM arm of the company.
What is vector marketing?
Vector Marketing Corporationis the MLM marketing division of Cutco.
MLM operations are handled byVector Marketing Corporationand is an exclusive distributor of Cutco and Cutco at Home.
They serve university students, housewives andsecondary studentspresenting a potential money-making opportunity that they can conveniently use as a side hustle.
As Cutco's MLM armThey, of course, recruit people to earn some extra bonuses. In other words, they are recruited to sell at the doors.
I don't think a door-to-door salesperson works today
Cutco cutlery product line
Selling knives is a part-time job offered at Cutco, one of the leading companiesdirect selling companyHoy.
The Cutco line is a no-brainer for anyone looking for well-designed blades.
In fact, due to the durability andhigh quality materialused to make these knives and other kitchen products, have become very popular.
Vector Marketing offers products in these categories:
- Kitchen knife:Axe, trimmer, table knife, French knife, etc. @$40-$250
- Scissors:Special scissors for $90 to $120
- Cookware:Pots, pans, appliances, baking sheets, utensils, cutting boards, etc. for $40 to $2,600
- Dishes:Cutlery $30-$1,500
- For:Hunting knives, pocket knives, sporting knives, gardening tools for $100-$250
However, Cutco's flagship product is thisCutco MessersetsRanging in value from $280 to $1,212, it features a patented recessed "Double D," a 440A stainless steel blade with a recessed blade capable of making very precise cuts.
The handles of these knives are made of thermal resin, a material that gives strength, resistance and durability to the dishwasher.
In my opinion the main reason people keep buying knivesCutcoIt's because of the lifetime guarantee they offer.
Below are some customer feedback:
Do Cutco products really work?
Based on the many positive reviews I've read online, the answer is yes!
Cutco knives work!
In fact, they are recommended by several online sites.
This is supported by the considerablesocial mediaThey have episodes with 96,000 followers.
If you want to see recent product reviews, go to theirsconsumer affairsProfile.
But first let me remind you that I am only talking about its quality.
Oscheme to earn moneyand the recruitment process are discussed in the following sections.
Can You Really Make Money With Cutco Cutlery?
If you can!
There are many things that come with this type of MLM program that many people struggle with.
Don't get the wrong idea now...
It's not impossible to make money selling knives, but if you put the right amount of backbreaking work into this business (which, trust me, isn't easy), you too can make REAL money while doing 'the ropes of Relearning'.
But if you're serious about Cutco, let's take a closer look...
cutco cutleryThe membership process is very easy because it is free.
About twenty years ago agents had to buy a kit for their presentations. Thanks to Cutco, they provide this kit for free as long as you are an "active representative".
The company can reduce marketing and advertising costs by hiring employees to do advertising and sales.
This allows you to earn a 10% commission.
But first, what does it mean to be an Active Representative?
From what I've found, active sales reps are agents who need to earn $100 in silverware or cookware sales each month.
If sales representatives do not meet this requirement, they will have to return the kit or purchase it at half price.
But what about the $15 per hour ad?
This is a totally overrated ad.
What they really mean is that you can earn $15 for every successful face-to-face meeting with potential buyers and members.
Sales reps would require the phone numbers and email addresses of their prospective buyers and members to be stored in their customer database.
The actual process is very simple:
- You go through a multi-stage interview process.
- You will receive a three-day training course once you are hired.
- They will ask you for a list of recommendations.
- They provide a sales roadmap and presentation to reach your prospects.
- Earn 10-50% commission on all sales (or $15 guaranteed base rate, whichever is greater).
Cutco Cutlery Compensation Plan
If you visit the official Cutco website, you will see that they emphasize that the business opportunity they are offering is not a "get rich quick"trick.
Rather, you pride yourself on qualities like perseverance, effort, and dedication.
As such,CutcoHe says that the money you earn from this part-time job depends a lot on your perseverance and your sales drive.
The commission structure is shown in the following table based on the number of sales:
But wait! What is the Cutco At Home Compensation Plan?
According to my research, Cutco uses two types of compensation plans:
- Cutco Base Compensation Plan
- Cutco Residential Compensation Plan
There are two ways to earn money with the Cutco At Home compensation plan:
- Sales commissions
- Bonus generated from the sales of your downline
Cutco Cutco Ugly Truths Revealed
There are several disadvantagesCutco Money Earning Programthat I would like to highlight here.
Here are three "ugly truths" about this business model that I find really flawed:
- Cutco products are very expensive. Even though they are of high quality materials and workmanship, I still find them ridiculously expensive.
- Cutco uses old-fashioned sales tactics. Their salespeople are going door to door receiving scripts that I don't think are enough to generate significant sales in our technology driven industries.
- Earning passive income is simply not possible with Cutco's compensation plans.
What do I like about Cutco cutlery?
Below I have highlighted some of the key benefits of Cutco Cutlery:
- They pay $15 per successful query.This is something you are promised when you give customer presentations, and potentially even more so when your prospects make a purchase.
- There are many positive comments about the quality of the Cutco product.People even recommend them. And what sets it apart is the fact that chefs all over the world use and recommend it too.
- To top it off, they have a massive following on social media, with 96,000 followers to be exact.These are some of the things that make a product or service trustworthy. To quote a specific review from a Los Angeles user: “These knives are high quality pieces with very stylish handles and come in many colors. I started cooking more when my knives arrived. I was also pleasantly surprised to find that Cutco sells garden tools and other items.”
- Cutco provides appropriate sales training for each new employee.You get a well-written initial sales pitch script that you can customize as needed. This training will develop your leadership and sales skills.
- In 2016, Cutco was named one of the Top 20 Direct Selling Associations.
Conclusion: Is Cutco a scam or a pyramid scheme?
that's how it iscutco cutlerya fraud?
Non-technical. YouI couldEarning money with this program is definitely not as easy as the company makes it seem.
There is a lot of work up front, there are no real guarantees of success, and most importantly, the actual commissions are very low.
Well, there's nothing wrong with anticipating the job and earning money afterwards.
But if you grind for 3 months andthen your reward is a commission of $50it's really not worth it.
What if you could do the same 3 months of work (in your spare time) and your reward was a payment of $500 to $2,000 each time you received it?only month?
What if you really didn't have to wait 3 months? What if you could start today and receive your first paycheck in a week?
What if you could double it next week?
Well that's the power ofdigital real estate.
And unlike an MLM, you can do it legitimately from anywhere. It's a real lifestyle business.
Your laptop and an Internet connection are all you need.
Some of the most successful students.this programBoost your entire 6-figure business from:
- A mobile home in the middle of the forest
- A beach chair in the water in Mexico
- A small village in Greece
You can travel, live your life first, and then focus on your income.
Because even if you don't work for a long time, the money keeps coming.
So adventure, memories and experiences come first.
And they never have to worry about how to pay for their next trip or take time off.
If this sounds more like the kind of life you want to lead,Just click here to learn more about Digital Real Estate.
Are there alternatives to Cutco cutlery?
Yes, there are many MLM companies to choose from if you want to pursue this business model. Here are a few:
- Mary Kay
What is our #1 pick for making money online in 2022?
The review team spent months researching, reviewing, and reviewing dozens of business models and thousands of programs.
While there may not be a "perfect deal," the research is conclusive:
Digital Real Estate is the #1 online business model for beginners.
If you have never made a dollar online before or have been in this space for a while but never "made it", Digital Real Estate is for you.
1) Es flexible:do you have an hour a day? You can do it. Are you ready to drop everything and dive full time? Yes, the more time you spend on it, the faster you will see the results. But even with a little bit of time each day, you can move the needle in a digital real estate business.
And because this system is so flexible, you don't have to work all the time to earn more money. It is calledPASSIVE INCOMEbecause when you stop working, the money stays.
Imagine taking 3 months off just to tour Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.
This is only possible if you have an income that is not tied to your time.
2)You own and control EVERYTHING:With Amazon FBA, you have nothing. Yes, you technically own the products before they ship to an Amazon warehouse, but that's about it.
You do not own the platform, you do not own the brand and you do not own the customers.
Not to mention, Amazon can literally shut you down at any time if they think you've violated their ever-changing Terms of Service.
So you're building a business that can be completely taken away from you in the blink of an eye.
With digital real estate, you own the assets, which means you have all the power and control.
3) Little or no initial cost:It is possible to get into digital real estate with zero dollars up front. Because,with the strategies described in this program, you can get a customer to pay BEFORE they spend a dime out of their own pocket... before they even work.
With no upfront payment, you can set up, operate and benefit from your first digital rental property for less than $100.
4) No inventory:As mentioned above, spending 4-5 hours a day preparing and packaging products to ship to Amazon is a huge waste of time.
Also, you have to keep buying new products if you want to keep your business going. You will have to spend even more money if you want to scale.
With physical products, your time and freedom are always limited.
With Digital Imóveis, a 100% online business, you don't have to worry about that.
5) Easy to duplicate:Okay, here's the best part: Once you've got your first digital rental up and running, you can literally DOUBLE your income with a few clicks, a few keystrokes, and a single phone call (and you don't really need the phone ringing). ).
Remember: each digital rental property is worth $500-$2,000 per month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it becomes easier.
Because you have more knowledge, more experience, more results and more drive.
If you wanted to double your revenue with Amazon FBA, you would have to double your inventory OR your profit margins. And that will definitely be much more difficult than a few clicks and a few minutes of your life.
6) Earn money helping real people:This part makes it all worth it.Fulfillment by AmazonIt's a decent way to make money, but it doesn't improve the lives of others.
After all, there is always someone selling rubber spatulas and umbrellas. That might be fine in the short term, but in the long run you might feel like you're missing a point.
Comdigital real estateeven if you're actually helping people by solving your customers' biggest problem...
Small local businesses need more customers, and with Digital Real Estate, you unlock a flood of happy paying customers for those businesses.
You make money by helping them make money.
It's also not some big, faceless corporation...a small business owner who uses that money to put food on his family's table, start a college fund for his kids, or care for a sick parent.
after seeing howThe digital real estate market is having a real impact on the lives of real people., sleep like a baby with a big smile on your face.
Now the choice is yours. You can keep browsing and look for opportunities likeCutcothat one day can bring you money.
You could keep looking without making a decision.
Or you can take a look inside, find out what you really want, and join a program that will make your dreams come true. At the same time, you will join a community of over 2,000 successful students who, thanks to Digital Real Estate, are living their lives on their own terms.
A consistent, reliable, semi-passive income stream that doesn't depend on you or your time to keep making a profit.
And at the same time help real people who are grateful and happy to pay for it.
If that sounds more like what you want out of life (or if you just want a nice side income), click here for more information on Digital Real Estate.
A consistent, reliable, semi-passive income stream that doesn't depend on you or your time to keep making a profit.
And at the same time help real people who are grateful and happy to pay for it.
If that sounds more like what you want out of life (or if you just want a nice side income),Click here for more information on Digital Real Estate.
Is Cutco a real job? ›
Your job is basically to make phonecalls, present cutco cutlery to someone over ZOOM, and help process customers orders. Even if you don't sell Cutco, you make money from presenting the product. It's pretty simple if you have a lot of family members and parents of friends. If you don't, well, tough luck.Is Cutco Vector Marketing a pyramid scheme? ›
Vector claims they are a single-level direct selling marketing company, not a multi-level marketing company, and they are not a pyramid scheme as its detractors claim.How much commission do Cutco reps make? ›
It Would Take a Lot of Work to Make Real Money With Cutco
If you're selling less than $1,000 of products, you'll make a 10% commission (so, no more than $100). You'd have to sell over $24,000 products to start making a commission of 30% or more. Now let's talk about that hourly wage.
The answer: We are a legit company. Vector Marketing is NOT a scam and we are upfront and transparent about the entire Vector sales representative hiring and onboarding process from start to finish.Has Cutco been sued? ›
Cutco Allegations and Lawsuits
In 1990 the state of Wisconsin ordered the company to stop their deceptive recruiting practices. In 2008 the company faced a class action lawsuit for not paying minimum wages to their sales representatives, a case which was settled in 2011 for 13 million dollars.