How Does Vector Marketing Pay You

Vector Marketing is a multi-level marketing company that sells Cutco Cutlery. The company uses a direct sales model, in which representatives sell products to customers through in-home demonstrations. Vector Marketing representatives are independent contractors, not employees, and they are paid based on their sales performance.
Vector Marketing pays its representatives based on a commission structure. Representatives earn a certain percentage of each sale they make, and they also earn bonuses for meeting sales goals. In addition, representatives can earn rewards for recruiting new members to the sales team.

How Vector Marketing Pay You

Vector Marketing is a company that sells knives and other kitchen utensils. They use a multi-level marketing structure to sells their products. You can become a sales representative for Vector Marketing and earn a commission on the products that you sell. You can also earn bonuses for meeting sales goals.Vector Marketing pays their sales reps with a base pay plus commission.

Base Pay

At Vector Marketing, we pay our sales reps a base pay, which is a flat rate that you earn for every shift that you work, regardless of how much you sell. We believe that this is the best way to pay our reps because it ensures that everyone is paid fairly for their time and effort.
The base pay for our reps starts at $15 per hour, and can be increased based on performance. Our top reps earn $20 per hour or more. We also offer incentives and bonuses that can further increase your earnings potential.

Commission

Vector Marketing is a direct sales company that uses a multi-level marketing structure to sell Cutco Cutlery products. Vector employs college students as sales reps and pays them primarily through commissions. In some cases, rep may receive bonuses or other types of compensation, but the vast majority of their earnings comes from commissions.
Commissions are determined by the reps' personal sales volume, as well as the sales volume of any reps they have recruited. The base commission rate is 20%, but this goes up to 25% for anyone who sells more than $2,500 worth of product in a single week. There is also a team sales bonus, which rewards reps for meeting group sales goals. The team sales bonus can be as much as 7% of total team sales.

Bonuses

Vector Marketing pay structure is a mix of salary plus commission with a few bonuses mixed in. Your base pay depends on the position you are in and your location. Your base pay starts at minimum wage and goes up from there based on your position, with some earning up to $15 an hour. In addition to your hourly rate, you can also earn commission. The amount of commission you make depends on the products you sell. Sales reps typically earn 20% commission on everything they sell.

Incentives

Vector Marketing Corporation is a company that recruits people to work as sales representatives. It is a multi-level marketing company that uses a pyramid-style recruiting system.

Spiffs

Vector Marketing uses a unique form of compensation called "spiffs." A spiff is a one-time bonus paid to a sales representative for selling a certain amount or hitting a specific goal. For example, Vector might offer a $10 spiff for every new customer that signs up for a Cutco knife set demonstration.
Spiffs are designed to be an incentive for sales reps to sell more product. They are also used as a means to motivate reps to sign up new customers and grow the Vector business. Because spiffs are only paid once for each goal that is met, they are not considered to be part of a rep's regular pay structure.

Draws

Vector Marketing has a unique system for compensating its sales reps. In addition to the base pay, reps earn money through a system of draws against future earnings.
Draws are essentially loans that are given to reps in order to help them cover the costs of gas and other necessary expenses while they are out making sales calls. The amount of the draw is based on the rep's projected earnings, and it is deducted from those earnings once they are generated.
For example, if a rep projects that they will earn $600 in a week, they may be given a $100 draw. If they actually earn $650, they will keep the full $650, minus the $100 they owed from the draw. If they only earn $550, however, they will only take home $450.
Draws are not mandatory, but most reps find them to be helpful in covering their expenses while they are getting started. New reps typically have lower earning potential, so their draws are usually smaller as well. As reps build their clientele and their sales skills, their earning potential grows and their draws increase accordingly.

Wrapping Up

Vector Marketing is a multi-level marketing company that sells Cutco knives. They recruit college students and recent grads to sell their products through in-home demonstrations.
Vector Marketing pays its sales reps in two ways: a base pay rate and commissions. The base pay rate varies by market, but is typically around $10-$15 per hour. Reps also earn commission on the products they sell, which ranges from 10-30% of the sales price.
Vector Marketing also has a number of bonus and incentive programs that can help reps earn more money. For example, reps who sign up new members to the company can earn a $100 bonus. Reps who sell a certain amount of product in a week can also earn bonuses ranging from $50-$200.
Overall, Vector Marketing is a legitimate way to earn money, but it is important to keep in mind that you are not going to get rich quick by working for this company. If you are willing to work hard and put in the hours, you can make a decent wage with Vector Marketing.