Cutco Cutlery / Vector Marketing Corporation

Omega

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Stefan,

This is the equivilent many of the situations you and I have encountered in the past. It takes an entire forum to tell you not to do something after you have your mind set.

Whenever I look into a product, if I here one negative about it I do extensive research on it. If I find that to be big enough (for instance when I was researching digital cameras), I will spend twice as long finding a suitable equivilent with the same feautres and same price. In your case, it's all about research. If you want to go into sales, stay away from the stores. That's your average job. The saleman that make money work in private corporations. Prefrebly when you start I'd stay away from commission. Get use to the shoes, then destroy the competition when you feel ready.

Whether it's David D, Skinnyguy.net, or this bloody Cutco thing, RESEARCH.
 

Eternal

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Originally posted by diablo
Or you can be like Eternal and sell prostitutes. Highly lucrative field, from what I understand.
Funny, you are my number one customer...First you got Cindy, then Taylor...Now Hollie...
 

Omega

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diablo

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Originally posted by R3N3GAD3
Seems like it's an entire corporate ladder set up for ONE purpose. You can figure out what that is on your own.
Making money at college kid's expense? I'd be proud to own the company - like someone else added up, they make a bundle off of each new group of kids coming through. While I hate them for what they do, I've still got to respect them for their shrewdness.

By the way, Eternal... I forgot to send you a check for Holly. If you'll let me know your address, I'll have PS hand-deliver it to you.
 

Tempest

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Hey guys,

I’ve spent A LOT of time researching more and more about Cutco and Vector Marketing – literally hours, for the past 3 days. I’ve posted on several different forums for different opinions and received some great feedback (some positive, some negative). I’ve read TONS of articles, messages, spent time e-mailing and communicating with many. My decision has been swaying back and fourth, but allow me to provide some of the feedback from my research.

This so called “scam” which is spreading around the internet is true in some aspects. Many people have legit reasons to hate the company while other complaints I’ve heard around the net are just lame. There are also many success stories out there. I guess everyone has their own experiences.

One thing which I’d like to address real quick are the office branches. I’ve concluded that ALL branches are different. Yes, many (the majority) of the branches are deceitful. They’re poorly operated and the managers are unethical and take advantage of their employee’s. They’re contractor status give them the right to do whatever the hell they want. Some have been known to hold employee paychecks, close down their offices, and use immorale marketing strategies. However, I’m also convinced that there ARE (very few) good branches out there. So far, from my research, the one in my area (Vancouver) is one of the good ones out there. I’ve came across a few resumes and people that have worked at the one in my area within the past 5 years (none of them work there anymore), and they’ve all told me the Vancouver office has good people and the manager is a good person. Their advertisements online at different Vancouver/BC job sites are more clear and precise, so they’re not misleading like most I’ve heard around the net. I havn’t heard any complaints about the one in my area.

There are a few aspects of the company which I dislike. One is the brainwashing. Almost everyone, including the success stories, say at their meetings/conferences it seems like they’re brainwashing you. The job isn’t for everyone. It seems many people get caught up with the job and psyched about it and enjoy it for the first 2 weeks, but afterwards it doesn’t work out.

The whole thing about gas, unpaid training, $150 starter kit… those are LAME reasons to hate the job. You’re an independent sales rep. This isn’t minimum wage. You’re paid by appointment and you know about that before you get involved in this. If you don’t like it, don’t work for them. It’s like this in virtually any sales field. If you’re in car sales and spend 2 weeks making deals and none of them go through, you’re screwed. Do you know ANY salesmen on commission that is paid to learn how to sell cars or attend seminars? No. Most of them even have to PAY from their pocket to attend these seminars and learn. As for the starter kit, I’d like to quote what someone else said:

“About the sample kit, let’s clear that up too. Imagine yourself a business owner, now you work with thousands of college students across the country, how comfortable would you feel handing each and every one of those students $465 worth of your product and hope that some how it finds it way back to your office, and if it doesn’t then you just bought that student their Christmas gift to their mom. Not, any person in their right mind would never even entertain the idea. So the company does ask for a deposit to ensure the kits some how finds their way back and guess what they usually do. Also anywhere you work you have to spend money to work there. Can you work at a restaurant wearing whatever you want?.... No you need black shoes and pants that way everyone looks alike, construction do you think they give you the hard hat for free? Again NO!!!! And the funny thing is you can’t go back to Wal-Mart and return your used shoes for a refund let alone a 100% refund.”

The way you sell the product is kind of lame, though. Selling to family/friends? Personally if I DO decide to work there, I will only use my family/friends for practice demo’s and get referrals from them that might be genuienally interested in the product. If I don’t make much money this way, that’s fine… but like Diablo mentioned, I’m not about to sell out my family/friends because they feel obligated to buy from me because I know them.

Now, despite what everyone says or from your experience… it IS possible to make money doing this! Nothing is impossible. If you’re motivated and dedicated, then you can do great. Many people have. From my research, why do most people make money? Because they were willing to call their friends parents, their brother/sisters friends parents, and their parents friends. I understand a lot of people feel weird selling to those people. The other reason is they weren’t afraid to ask them for a list of their 10 closest friends and numbers at the end, whether they buy from you or not. I’m sure a lot say no, but others might supply a nice list of prospects. If you have a problem with this, then it’s not for you.

Why am I interested about the company? Well, I’m not going to apply for the same reasons as 90% of the college students that do, and that is to PRIMARILY make loads of money. I’m more interested in the experience. I am looking for a future in sales, as I mentioned before. Cutco gives me a great opportunity at that. You learn how to cold call, set up appointments, give presentations, sell the product, close the product, get referrals, etc… All aspects of the experience which I find BENEFICIAL. I appreciate the experiences in my life, rather than thinking them as simply a “waste of time”, as many people would. I am probably going to continue finding out more and more research about the Vancouver office branch before I attempt to do anything. I will contact more people with experience from that particular branch, and get their opinions. If I do apply there, at least I know what I’m in for. I’m alert of pretty much anything that can happen. I’m aware that I may or may not make money. I won’t sell to any of my family members/friends. I prefer selling it to people I don’t know because they’re more likely to reject you because they don’t feel obligated to buy based on the fact that they know you. I would sell the product door-to-door if I have to. There’s 99% rejection in that, but I’m looking forward to that experience itself! In conclusion, sales is just a numbers game if you think about it: the more people you contact, the more you will see, the more that will buy, the more money you earn.

Anyways, if anyone actually read all of this I’m very impressed! I don’t mind trying the job out and if I don’t like it or don’t make any money, at least I’ve learned something and can simply quit and find another job. No biggie, just moving on with life.

Thanks.
 

Snatchmaster

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$150 training fee.

No reputable company will make you pay for your own training!

Commission sales: Most commission sales jobs pay an advance against your commission - car sales included. The ones that don't pay an advance are very small operations and/or rip-offs.

If you want to get a sales job:

Cars
Insurance
Advertising
Market Research
Real Estate
Trade School Admissions Counselor
Telemarketing to old people...

AVOID

Pyramid Schemes.
Any place that makes your pay money to work there.
 

check_mate_kid_uk

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Originally posted by Eternal
Funny, you are my number one customer...First you got Cindy, then Taylor...Now Hollie...
he got taylor :p

wow diablo i never new you batted for the home team lol, good for you mate i hear a lot of people are comming out about it these days :p
 

Tempest

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Originally posted by Snatchmaster
$150 training fee.

No reputable company will make you pay for your own training!

Commission sales: Most commission sales jobs pay an advance against your commission - car sales included. The ones that don't pay an advance are very small operations and/or rip-offs.

If you want to get a sales job:

Cars
Insurance
Advertising
Market Research
Real Estate
Trade School Admissions Counselor
Telemarketing to old people...

AVOID

Pyramid Schemes.
Any place that makes your pay money to work there.
The training is free - you don't get paid for it. However, I believe you have options of attending different training classes, but you must pay for those. Avanced training.

The starter kit (demo knives which you use on your demonstrations) are what you give a security deposit for which are refundable.
 

Oxide

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Tempest, it seems like you are very hyped about this.. Hell, i was too when i first got the letter...

I was telling my parents "If this goes as planned, i'll have more money than i need in no time!" .... to which my dad just laughed and asked, "please dont tell me it is a sales job..?"

I remember they told us a story at training about this girl who made 10k in 9 days... she was getting 40% commission becuase of that... and everyone, including me sat there with our mouths open..


The way they set you up to buy the training kits is beautiful.. afterall, you do need the kit to show the demo, correct? The way they sell YOU the knives is good too... however, remember, they had about 5+ people working you at the time, PLUS all the other trainees that came there, who were just as psyched as you..


What i realized when getting out there into the real one on one sales situations is that MONEY RULES EVERYTHING.

Have you looked at the price list? The set of cutco is about $1500..
are you fukking kidding me? My car costs about the same! ANd of course they tell you the knives will last forever, becuase if they didnt, the complany would be ruined... but think about it.. you can get great chicago cutlery knives set for $70... now divide 1500 by $70.... this is how many sets OF NEW KNIVES you can buy for that much money... YOU WILL NEVER USE ALL OF THEM.



Kid, listen, i certanly hope there is somebody who made a little money doing this, but the odds are about 1/1000... i know you hope it could be you, but chances are they will fukk you for your $120..

The thing i hated about cutco is they sell you the idea that "IF you cant do this, you are a loser who quits too soon.." Yeah, that's it.. this is exactly why i make more money now than vector would ever promise me...


I remember my first appointment.. i decided to call up a person i havent talked to in forever..and act like a give a sh1t about them..
then i went into her house and tried to sell her some overprieced sh1t actually believeing she will buy this for $1500... but oh no, she said it was too pricey!! how dare she?! well, would you be interested in our $1000 set?! Medical bills? BAh, you gotta be kidding, our knives are way better! $500 set? No? OH that's it!

Dont break up your life and get overstressed becuase you are calling your old forgotten nannys and ex girlfirends you dont wish to talk to but have to becuase of cutco..

The end.
 

Tempest

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Yeah, I agree about the prices, Oxide. Ridiculous! That's why in fact I discourage anyone in my family to buy them. However, people DO buy them. I've heard by many that the knives pretty much "sell themselves". I don't know why anyone would want to buy knives for that price anyways, but apparently when they see them cut through rope and see scissors that can cut through a penny and they just have to have them. It's beyond me why anyone would want to buy them. That's what makes things very difficult. I understand there is a 90% rejection rate in that.

I havn't really heard anyone complain about the product itself. If you check out epinions.com and look up Cutco, there are many, MANY satisfied customers. Even former sales rep that have been screwed from the company give great reviews about the product. The knives are great, they last for years and have a great lifelong guarantee. The people still love them, despite the price.

I understand this job isn't for everyone. Some people can't handle taking no and having people constantly tell them they're overpriced. That's fine for you, but for me I'm interested in getting into sales and to be able to overcome rejection would be a huge result for me. I've also heard that they teach you in the training that you say to them "you don't have to buy".

I believe I will make money. It may not be as much as I hope, but still some. If I work hard and set up the appointments and fail to sell, then I am still making money (as long as I follow their restrictions to who I set up appointments with, and do the min. of the week). If I do go 0-40 on sales that week then they will just say that this is the wrong business for you ;) and I still get paid. I understand MANY haven't gotten paid by their managers when this happens, but I've heard many good things about the office in my area and everyone has told me they've never had a problem with their paycheck.

Thanks!!
 

Tell her a little about yourself, but not too much. Maintain some mystery. Give her something to think about and wonder about when she's at home.

Quote taken from The SoSuave Guide to Women and Dating, which you can read for FREE.

Giovanni Casanova

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Tempest... have a lot of fun. I remember being just like you... doing things that everyone warned me against doing... they could see the scam but I couldn't, because my mind was clouded by dollar signs and a feeling of invincibility. I knew everything, they knew nothing. Then I lost every dime I had and a lot of dimes I didn't have. I do think you'll come to regret this... but maybe not.

Either way, I think you had your mind all made up ahead of time and the only way you'll learn anything is to go do it yourself. I wish you lots of luck.
 

Interpol

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Keep us updated on this, I'd like to see if you can make it work.

Just remember, selling won't be your biggest problem. I sold at least one knife to almost everyone I did a demo for. The real problem is scheduling the 20 appointments per week that they ask for. They'll make it sound like every customer will give you 2 or 3 referalls right of the bat, but the truth is it almost never works out like that.
 

Francisco d'Anconia

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Originally posted by Giovanni Casanova
Tempest... have a lot of fun. I remember being just like you... doing things that everyone warned me against doing... they could see the scam but I couldn't, because my mind was clouded by dollar signs and a feeling of invincibility. I knew everything, they knew nothing. Then I lost every dime I had and a lot of dimes I didn't have. I do think you'll come to regret this... but maybe not.

Either way, I think you had your mind all made up ahead of time and the only way you'll learn anything is to go do it yourself. I wish you lots of luck.
Well put...
 

Omega

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Bump to Giovanni.

Have fun loosing your savings. Yea yea.
 

Oxide

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... i'd agree with gio.. but on the other hand.

"Every person who had succeeded in this life had people who always told him he isnt good enough and wont make it".


I say let the kid try it for himself.. if he becomes the best cutco seller props to him.. if he fails.. well, you knew what you were getting into.
 

Peace and Quiet

If you currently have too many women chasing you, calling you, harassing you, knocking on your door at 2 o'clock in the morning... then I have the simple solution for you.

Just read my free ebook 22 Rules for Massive Success With Women and do the opposite of what I recommend.

This will quickly drive all women away from you.

And you will be able to relax and to live your life in peace and quiet.

Omega

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Originally posted by Oxide
... i'd agree with gio.. but on the other hand.

"Every person who had succeeded in this life had people who always told him he isnt good enough and wont make it".


I say let the kid try it for himself.. if he becomes the best cutco seller props to him.. if he fails.. well, you knew what you were getting into.
Are you COMPLETELY naive?

That saying is not for 'might as well be pyramid' schemes.
 

Snatchmaster

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Tempest,

How many appointments a week must you see?

Realize that for every appointment you set, you will talk to 15-20 people, and to talk to 15-20 people, you will need to call 45-50.

So, for every appointment (after you have gone through family and friends) you will need to make, generously, 30 phone calls.

But, who will you call? Through the phone book?

Must the husband and wife be present, or only one of them?

Can you just walk door-to-door around various neighborhoods? If that's so, you can make more money collecting for the Poor Tempest Fund.

Will the company set you up with appts? Siding firms do.

If you need 4 appts per day to meet quota, you will need to also make 40-80 phone contacts per day. So, that means minimum 120 phone calls per day in addition to your appointments. Do the math, even at 30 phone calls per hour, you're spending 4 hour per day on the phone.

Bottom line: you can make more money delivering pizza.
 

Gangster Of Love

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Originally posted by Snatchmaster
Tempest,

How many appointments a week must you see?

Realize that for every appointment you set, you will talk to 15-20 people, and to talk to 15-20 people, you will need to call 45-50.

So, for every appointment (after you have gone through family and friends) you will need to make, generously, 30 phone calls.

But, who will you call? Through the phone book?

Must the husband and wife be present, or only one of them?

Can you just walk door-to-door around various neighborhoods? If that's so, you can make more money collecting for the Poor Tempest Fund.

Will the company set you up with appts? Siding firms do.

If you need 4 appts per day to meet quota, you will need to also make 40-80 phone contacts per day. So, that means minimum 120 phone calls per day in addition to your appointments. Do the math, even at 30 phone calls per hour, you're spending 4 hour per day on the phone.

Bottom line: you can make more money delivering pizza.


This is where you are wrong guy. I don't know if Cutco/Vector operates in Argentina, but the ratio of appointments to phone calls is not that outrageous. The phone script is very tight, and effective. I set up the firs 7 people I ever called, until the eight person turned me down, and that was because she wanted to call the person who reffered me to her, later she agreed and bought a set. While my closing % for booking appointments didn't stay in the 80-90%, it was very high throughout my carreer with them. I managed to book 50-60 % of my calls on the first try, even when I tranlated the script in spanish.

Up until now, I've been reading all the posts but have refrained from commenting or giving him advice. Every sales job requires you to learn all the aspects of selling. Prospecting, refferrals, house call, presentation, closing, follow up, etc. That is the reason why salespeople will always have a job, because it is a skill set that the succesful learn, and are able to take to any field. Yes, while not for many, sales will pay you exactly what you are worth.

My advice for Tempest, for now, the knives are very good and worth it, in my opinion. I thought they were pricey, but always believed it, and more so today, now that I am older, as most of the people you should be presenting to will be, I see more value than I did years ago. A middle age adult, more times than not, will focus more on value and not just price. That is why when they can afford it they buy quality, wether it is a car, a house, a stereo system, cookware, cutlery, Crafstman tools, expensive watches, etc. Yes, they are pricey, but they see the value that it will bring them. Same thing with the people who will use the product. For a college student who can only get low paying jobs, $200-800 is a lot of money, a lot more than for an adult who is pulling in $50-80K a year. You know, people's values change as they get older and and appreciate things.

Tempest, the first thing you need to do is see the value in your product; be willing to own and appreaciate your own product, be ready to advice your family and let them make up their own mind, without you talking them out of buying something they actually will like; otherwise go find something you truly believe in and are passionate about; this might not be the product for you to sell. This is kinda like DJing, if you don't believe you are worth it, why would a women do? Who's gonna want to buy from you if don't believe in it yourself? You can't fake it. Some of your friends and relatives will buy it after they try it, not just because they want to help you out, but because it is a great product, and they like it and see the value. Feel free to PM me if you want to know more about my experience.
 

squirrels

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Tempest, I'm not gonna pull any punches here. You're a f**king retard.

How many people WHO HAVE DONE THIS need to come on here and tell you how bad an idea it is before you get it through your thick skull that you're BUYING INTO HYPE and if you take this "job" on you're headed for a BAD EXPERIENCE?

Dipsh*t. You wanna sell knives? Go sell knives. Who are you trying to convince here? You're obviously already sold on it. Go do it.

That's OK...it's people like you who keep the American economy running.
 

Tempest

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Originally posted by squirrels
Tempest, I'm not gonna pull any punches here. You're a f**king retard.

How many people WHO HAVE DONE THIS need to come on here and tell you how bad an idea it is before you get it through your thick skull that you're BUYING INTO HYPE and if you take this "job" on you're headed for a BAD EXPERIENCE?

Dipsh*t. You wanna sell knives? Go sell knives. Who are you trying to convince here? You're obviously already sold on it. Go do it.

That's OK...it's people like you who keep the American economy running.
Squirrels,

Chill dude, you're starting to curse at me like I'm this horrible person. I came here looking for an opinion about the company. I posted here for RESEARCH. And, thankfully, you guys supplied a lot of valuable information which I am grateful for which will HELP me if I do get involved in the company.

I've done A LOT of research. Posted at various forums, received information from people that I personally KNOW. NOT EVERYONE HAS A BAD EXPERIENCE. This is the only forum which provided me with negative feedback (which was helpful). It depends how you look at it. If you received a vague ad and were misled into believing you'd make $15/hour from this unknown company which is not telemarketing or door-to-door selling, then I can understand you'd hate this company. I, on the other hand, KNOW what it is, have done my research, and am fully aware of what can happen. I'm most interested in the experience itself, because I AM INTERESTED IN GETTING INTO SALES. I can understand this would be a WASTE OF TIME for someone that isn't interested in sales.

Now, I've received a lot of positive information about the Vancouver branch. The manager has been working there for over 6+ years (must've been pretty successful to stay that long), and I've been told that he is a great manager. Not all managers are GOOD and will screw you over. I seem to be very fortunate that the one in my area is a good person. That alone changes the experience itself.

I know people that can confidently rebuke any negative information which you dig up (or which I have discovered). They are real life proof that the company is legit and positive.

Thank you everyone for your experiences/information and taking place in this discussion.
 

What happens, IN HER MIND, is that she comes to see you as WORTHLESS simply because she hasn't had to INVEST anything in you in order to get you or to keep you.

You were an interesting diversion while she had nothing else to do. But now that someone a little more valuable has come along, someone who expects her to treat him very well, she'll have no problem at all dropping you or demoting you to lowly "friendship" status.

Quote taken from The SoSuave Guide to Women and Dating, which you can read for FREE.

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