Is CUTCO a pyramid scheme? (2022) Simple Truth Debunked | (2023)

Well today could be your lucky day my friend because I have written this unbiased review for you. So sit down and look for answers.

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To be honest, Cutco is not the one who should be on the bench.Marketing vectorialshould be. But we'll get to that later. proceed.

According to them, this knife has been a favorite of their customers for 40 years.

This is the company's version of a knife.

The product features a double D edge which they claim is much better than straight edge knives as it can cut smoothly.

In addition, it has a very comfortable ergonomic handle for any user. Learn more about itHere.

When it comes to preparing dishes, a peeler often comes in handy.

The Cutco vegetable peeler is not just limited to vegetables, it can also be used to peel fruits, cheeses and chocolates thanks to its super sharp double-sided blade.

It also has a unique feature which is the "eye remover". Don't worry. It is not for drawing human eyes.

We are talking about eyes made of potatoes. Poor potatoes.

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But enough about Cutco.

Let's get to the exciting part where you can find your answers.

Vector Marketing is a multi-level marketing company that handles sales for Cutco Corporation.

His focus is direct selling, primarily newspaper advertising, billboards, word of mouth and various online media.

Vector Marketing is known for recruiting college students to sell their products. This led to many lawsuits against Vector Marketing, which we will talk about later.

Based on my research on Cutco and Vector Marketing, there are 2 cases where Vector Marketing is recruiting students to sell Cutco products, shown below:

Vector's telemarketers call and recruit him as one of their sales representatives.

They try to give you confidence by talking. And when they do, 90% of the time, you are likely to fall for their trap.

Also, they will try to call you three times a day, hence their line: "3x a day is the way of the champion"refers to the 3 times they will call you in a day.

Also, what makes this a bit iffy is the script they use when they call you a second time. Usually around the lines of...

Then you'll wonder and probably tell them that you don't even know the "friend" they're talking about.

But like I said, these recruiters use a well-crafted script.

If you ask any more questions, tell them they are receptionists and they will refer you to the manager for your concerns and answers.

I don't know about you, but this is so suspicious and kind of scary.

At some point in your life, when you came across those ads and calls, you probably thought to give it a try. But you're wondering how Cutco makes money.

Basically, Cutco only hires you to sell their products directly. First, you are encouraged to visit family and friends, and then demo the products, which may lead to a purchase.

If you want to stop working for them, you must write a resignation letter with all your personal information. After that, you should send it to your manager and another copy to Human Resources.

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The good thing is that with Cutco you don't have to pay a membership fee. However, you must complete Vector Marketing training before becoming a sales representative.

Training is about teaching you how to be a better salesperson and how to promote your products. You can then borrow a sample of the product to use in your demo. You can also borrow other products as long as you return them when you no longer need them.

Also, if you want to keep your membership status active, you need to sell $100 worth of products each month. Otherwise, you will have to return the demo products on loan. On the other hand, you can buy these demo products for $75.

However, you will still need to consider other expenses, such as travel and equipment costs. These can add up and be expensive.

During my research, I came across a review that discussed the compensation structure ofCutco/Vectormarketing.

You win $12.50 to $17.50 by appointment. It is when you meet or go to a house to promote and demonstrate the products. Consultations usually last an hour.

In addition, you earn commissions for your sales.

• 10% (commission) = $0 - $1,000 (sales)
• 15 % = 1001 $ - 3000 $
• 20 % = 3001 $ - 6000 $
• 25 % = 6001 $ - 10 000 $
• 30 % = 10 001 $ - 20 000 $
• 5% (Bono) + 30% = $20,001 - $30,000
• 10% (Bono) + 30% = $30,001 - $50,000
• 15% (Bono) + 30% = $50,001 - $150,000
• 20% (Bono) + 30% = 150,001 $+

To receive payment, a submission report must be approved each week. You must also sign an agreement and pay a $200 deposit for knife demonstrations.

Vector Marketing has faced many challenges over the years.Complain,similar to MLM company,herbalife.

In 1996, the Washington Post conducted a survey of 940 Vector recruits. Most of them reported that they didn't even make any money and that they lost more than they made.

Because of this, Vector was ordered by the state of Wisconsin to stop providing false information to students.

Also, Vector Marketing was the reason why a group of students formed the group calledSAVE (students against vector exploitation).

Wow. Vector Marketing was in a very difficult position before.

Cutco's products are too expensive to sell. That is why it will be so difficult for these students to make sales.

Most people want to be practical and prefer to stick with the cheaper knives.

Let me reiterate that recruits are required to post a $200 bond. And other expenses for you to make sales and market your products are also not covered by the company.

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I am not going to deny that you can make money with Cutco.

But it becomes more difficult in the long run as you have to find more customers to sell to after going through your family and friends. If you're not the direct selling type, this is not for you.

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Cutco is not a pyramid scheme. They offer real products and you don't even need to refer or build a downline and earn commission from them.

There is no doubt that their products are great. Well made, super handy and very sharp.

As with most reviews, people have no issues with the products. The only iffy thing is how iffy your sales strategy is. Vector marketing has been around for a long time.

They even had prior lawsuits regarding the treatment of former employees.

Sometimes they call you randomly and talk to you in a way that gives you confidence.

If you like sales jobs, Cutco might be for you. Requires direct sale.

They encourage you to sell door to door to your family and friends.

The pay may be good at first, but it gets a lot more difficult in the long run. If you don't like direct marketing and sales, I don't recommend this. you deserve thatEarn money with your passion.

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