NIUSOX
Water Engineer
Posts: 94
Joined: Feb 2007
Reputation: 0
I Root For:
Location:
|
OT-Vector marketing
So I get a letter in the mail today about summer work opportunities. It's about working for Vector marketing and here are the details in the letter-$15 base-appt., flexible schedules, scholarships available, all majors considered. I am not a marketing major but I saw the $15 and it caught my eye. I figured it was $15 an hour, but that's stupid on my part. So I call the number to get more info on the job, yet the receptionist hardly gives me any and tries to set me up for an interview. I set up an interview and try to get more info but she hardly give me any. So I do a google search for vector marketing-and find info about a Vector Marketing scam. I google Vector Marketing scam and here's what I find
http://search.yahoo.com/search?p=vector+...=yfp-t-467
It turns out that you have to go to unpaid training, buy a knife kit with your own money, and go to people's houses and sell the product. After I found this out there is no way I will be going to that interview. I wasn't eve sure if I was going to go to the interview before I looked up more info anyways. From looking up info on the internet some people say they ended up making less than minimum wage with all the gas, driving, etc.
|
|
05-11-2007 05:00 PM |
|
NIUtrav09
Huskies and Illini. Get over it!
Posts: 7,822
Joined: Jun 2005
Reputation: 25
I Root For: NIU and U of I
Location: NW Suburbs
|
Yeah big scam. I looked into it two summers go. There were signs posted in Lincoln Hall telling students to avoid them because it's a scam. I thought that was pretty cool.
If it sounds too good to be true, it probably is.
|
|
05-11-2007 05:11 PM |
|
Kedzman
All American
Posts: 2,950
Joined: Nov 2004
Reputation: 13
I Root For:
Location:
|
I did that 18 years ago. It's selling cutlery to friends and family. Back then, you made about 10% commission until you hit the next "breakpoint" of sales revenue. You can make as much as 50% commission I think.
I have a complete set of Cutco knives in a wood block. They are great knives. Like all sales, there are a few that hustle and stick with it to earn big money. Most others fade early or struggle and fail.
I made a little money at it one summer and learned some valuable things. But it's not for everyone.
|
|
05-11-2007 05:31 PM |
|
Lord Stanley
L'Étoile du Nord
Posts: 19,103
Joined: Feb 2005
Reputation: 994
I Root For: NIU
Location: Cold. So cold......
|
NIUtrav09 Wrote:If it sounds too good to be true, it probably is.
You will never go wrong in life if you follow that advice.....
|
|
05-12-2007 05:45 PM |
|
niuhuskie84
All American
Posts: 3,930
Joined: Sep 2004
Reputation: 12
I Root For:
Location:
|
i think every kid in the chicagoland area gets those mailings from vector. think about it..usually YOU have to beg a company for an interview. so what does it tell you when its the other way aroud. always be suspicious of anything that says "unlimited earning potential", etc. it will almost always be a 100% commission sales job, and often borderline scam/ pyramid scheme.
northwest mutual is just as bad, except they recruit heavily on campus (and one of the guys who owns a branch in Naperville comes in to talk reguarly to the sales classes). but they're really nothing more than a glorified Vector. and instead of knives, youre selling insurance. you have to pay for all your own expenses (travel, phone bill, etc). and in the odd chance you actually persuade some old grandma into buying a policy, the person above you takes a significant amount of your commission. i know quite a few people who furious about their experiences there, which is passed off as an internship (most kids leave with LESS money than what they started with going in, oftentimes significantly). what i dont understand is why NIU continues to almost outright endorse them, when many campuses across the country have banned them from recruiting.
|
|
05-13-2007 02:31 PM |
|
Kedzman
All American
Posts: 2,950
Joined: Nov 2004
Reputation: 13
I Root For:
Location:
|
niuhuskie84 Wrote:i think every kid in the chicagoland area gets those mailings from vector. think about it..usually YOU have to beg a company for an interview. so what does it tell you when its the other way aroud. always be suspicious of anything that says "unlimited earning potential", etc. it will almost always be a 100% commission sales job, and often borderline scam/ pyramid scheme.
northwest mutual is just as bad, except they recruit heavily on campus (and one of the guys who owns a branch in Naperville comes in to talk reguarly to the sales classes). but they're really nothing more than a glorified Vector. and instead of knives, youre selling insurance. you have to pay for all your own expenses (travel, phone bill, etc). and in the odd chance you actually persuade some old grandma into buying a policy, the person above you takes a significant amount of your commission. i know quite a few people who furious about their experiences there, which is passed off as an internship (most kids leave with LESS money than what they started with going in, oftentimes significantly). what i dont understand is why NIU continues to almost outright endorse them, when many campuses across the country have banned them from recruiting.
Ditto on Northwestern Mutual. I was an agent for almost 3 years and I nearly bankrupted myself. It is a slave ship that looks like a cruise ship.
|
|
05-13-2007 05:38 PM |
|
BleedsHuskieRed
All American
Posts: 10,067
Joined: Jan 2006
Reputation: 78
I Root For: NIU
Location: Colorado Springs
|
niuhuskie84 Wrote:i think every kid in the chicagoland area gets those mailings from vector. think about it..usually YOU have to beg a company for an interview. so what does it tell you when its the other way aroud. always be suspicious of anything that says "unlimited earning potential", etc. it will almost always be a 100% commission sales job, and often borderline scam/ pyramid scheme.
northwest mutual is just as bad, except they recruit heavily on campus (and one of the guys who owns a branch in Naperville comes in to talk reguarly to the sales classes). but they're really nothing more than a glorified Vector. and instead of knives, youre selling insurance. you have to pay for all your own expenses (travel, phone bill, etc). and in the odd chance you actually persuade some old grandma into buying a policy, the person above you takes a significant amount of your commission. i know quite a few people who furious about their experiences there, which is passed off as an internship (most kids leave with LESS money than what they started with going in, oftentimes significantly). what i dont understand is why NIU continues to almost outright endorse them, when many campuses across the country have banned them from recruiting.
College Works painting worked the exact same way. You pay for all your ****, we take 40% of your profits.
|
|
05-13-2007 08:09 PM |
|
rabidawg900
Heisman
Posts: 5,254
Joined: Jul 2005
Reputation: 52
I Root For: We Are Huskies
Location: New Orleans
|
Vector bull**** (Door to door selling knives)
College Pro Painters/College Works (Worst job ever)
NW Mutual
All scumbags running those companies. Known so many who have fallen in to the traps.
|
|
05-14-2007 09:31 AM |
|
Lord Stanley
L'Étoile du Nord
Posts: 19,103
Joined: Feb 2005
Reputation: 994
I Root For: NIU
Location: Cold. So cold......
|
rabidawg900 Wrote:Vector bullspit (Door to door selling knives)
College Pro Painters/College Works (Worst job ever)
NW Mutual
All scumbags running those companies. Known so many who have fallen in to the traps.
Last Tuesday night I finally talked friends of mine to move all their NM Mutual investments over to a real trading firm. If you can believe this, they were investing $400.00 a month with NM Mutual!
My buddy Ben owned a College Pro Painting company in Vancouver, BC. He made enough money to spend every winter from 2000 - 2005 snowboarding Whistler. So worst job ever for painting = best job ever for owner!
|
|
05-17-2007 02:17 PM |
|
BleedsHuskieRed
All American
Posts: 10,067
Joined: Jan 2006
Reputation: 78
I Root For: NIU
Location: Colorado Springs
|
Lord Stanley Wrote:rabidawg900 Wrote:Vector bullspit (Door to door selling knives)
College Pro Painters/College Works (Worst job ever)
NW Mutual
All scumbags running those companies. Known so many who have fallen in to the traps.
Last Tuesday night I finally talked friends of mine to move all their NM Mutual investments over to a real trading firm. If you can believe this, they were investing $400.00 a month with NM Mutual!
My buddy Ben owned a College Pro Painting company in Vancouver, BC. He made enough money to spend every winter from 2000 - 2005 snowboarding Whistler. So worst job ever for painting = best job ever for owner!
I was a college works manager/owner whatever they call it and I got screwed so bad by that company.
|
|
05-17-2007 03:46 PM |
|
niuhuskie84
All American
Posts: 3,930
Joined: Sep 2004
Reputation: 12
I Root For:
Location:
|
Lord Stanley Wrote:Last Tuesday night I finally talked friends of mine to move all their NM Mutual investments over to a real trading firm. If you can believe this, they were investing $400.00 a month with NM Mutual!
like i said, i dont understand why the COB lets these guys come into the classroom and actively recruit.
|
|
05-17-2007 03:56 PM |
|