What Is Vector Marketing?
Vector Marketing is the multi-level direct marketing division of Cutco Corporation, a leading cutlery manufacturer and international direct sales company. The company was established in 1981 in Philadelphia, Pennsylvania, as an import/export distributor. A strong national brand presence, customer loyalty and a steady influx of new distributors were the catalyst for its development into a worldwide leader in promotional products and services. Today, Vector Marketing offers a wide variety of direct marketing opportunities to the multi level market.
To get started in what is vector marketing, you have two options. First, sign up with their national sales force for what is vector marketing by becoming a part-time representative. Many companies offer their distributors the opportunity to become a national sales rep for a set fee and agreed to take on two sales representatives per month. This way to start off in what is vector marketing can be very advantageous, especially if you have not yet mastered what is local marketing. On top of the fee, national distributors get their own line of discount ware and are often paid for by the company.
Although the national distributor gets the benefit of working under a larger pool of sales reps, the amount they earn per sale is usually less than if they were to sign up and become a part-time representative. It’s a vicious cycle: since they get paid by the company for every sale, they can’t get ahead by selling what they actually know. This results in them selling inferior products and services. If you’re thinking about what is vector marketing, this could be a sure-fire way to get scam. Since their compensation depends on how many sales they can make each month, a salesperson who spends most of his or her time selling bogus goods could quickly rack up thousands of dollars in commissions.
This is just one example of what is bad about a program that many people confuse with what is good. Now let’s take a look at the other side of things. The best part about this type of program is that it can be tailored to suit the needs of the sales rep. By creating a specialized campaign, rather than a general one, a sales rep can tailor what they sell to fit their clients. That means more money for them and better results for their customers.
Many people have made what is called a pyramid scheme out of what is vector marketing. These programs are designed to take advantage of a person’s desire to earn a lot of money without doing any work. Because of the name, people think it’s easy to put money into this business. And while there is truth to that thought, making money in this fashion can be a very difficult task. A lot of times, these schemes involve pyramid members getting compensated with what’s known as an “army” of promoters who encourage more recruits to join.
The only problem with what is vector is that it involves selling products, which is not something most people would want to do. However, there are ways to make money selling these types of items as long as you’re doing it legitimately, which would include paying your affiliates through commissions. So in summary, even though many people have accused what is vector of being a scam, it could actually be a very good opportunity for a sales rep to earn a lot of money without doing a lot of actual work.