ConcordeBoy From , joined Dec 1969, posts, RR: Posted (8 years 9 months 2 weeks 21 hours ago) and read 2182 times:
Question's pretty self-explanatory.
Been a sales rep with them for 5 and a half years now... made FSM in 2000; approx $106,700 in total personal sales. Not very active anymore, though I do co-own a branch office with two other reps that's done pretty well for its 3rd year now.
What are your Cutco stories? How long did you last?
ConcordeBoy From , joined Dec 1969, posts, RR: Reply 3, posted (8 years 9 months 2 weeks 20 hours ago) and read 2115 times:
Quoting Adam (reply 2): Of that $106,700, how much did you take home.
Once your total revenue exceeds $25,000... you'll take home half of what you sell (pre-tax) provided that your monthly minima of revenue continues to exceed $2,500. If not, then you're relegated to 30% of what you sell.
A lot of people never read the not-so-fine print, and feel they're getting ripped off when that happens.
Quoting Adam (reply 2): I was told it's a rip off to employees.
It can be if you go into office-sales and forfeit your personal sales. Your income is 2% of your "students", assuming they meet standard minima. If not, then it's 1%... and it can vary.
A lot of people have issues with the fact that they often might be under the impression that they'll be receiving 0.02X for a given month (as they may have the month before) only to find that their check is for 0.01X, with rent due the next day.
I can empathize with that, but not sympathize. It's all in writing, just too many people choose not to educate themselves thereupon.
Corey07850 From United States of America, joined Feb 2004, 2525 posts, RR: 5 Reply 4, posted (8 years 9 months 2 weeks 16 hours ago) and read 2082 times:
Never sold it, but we've bought a lot of it... Having cutco for at least 15-20 years.... Great stuff, great warranty--Actually managed to snap a blade once and they shipped out a new one for free of course...
DL021 From United States of America, joined May 2004, 11443 posts, RR: 78 Reply 6, posted (8 years 9 months 2 weeks 3 hours ago) and read 2024 times:
I read up on it after you told me about it and the opportunity sounds decent for a person who wants to get into sales. Anytime you are selling something that people actually use, as long as the service and product are good, you have a good opportunity to earn a decent income and work for yourself.
Salespeople are the tip of the spear for any company, and everyone else works to support them. The engineers, accountants, mechanics, assembly line workers would all be looking for work without someone to sell what they are producing.
This is why people who want to make real money go into sales, and this is why so many good engineers and accountants go into business for themselves.....they are tired of someone else making the money they could be earning. Ask Aerobalance about that.
Superfly From Thailand, joined May 2000, 39423 posts, RR: 76 Reply 7, posted (8 years 9 months 2 weeks 1 hour ago) and read 2015 times:
"Cutco cuts the rope"
That's the generic sales script I heard at a seminar. I went to one while in college and walked out during there speech along with 80% of everyone that bothered to show up. I got a cool binder out if it.
What I didn't like is there 'sales reps' kept bugging me for about 2 weeks leaving me voice messages about buying there f--king knives to take door to door and sale.
My roomate was dumb ehough to fall for there scam. She paid over $200.00 for a few knives. They were damn good knives though.
CaptOveur From , joined Dec 1969, posts, RR: Reply 9, posted (8 years 9 months 1 week 6 days 20 hours ago) and read 1991 times:
Honestly I am not all that impressed by Cutco knives and if I am going to shake down my friends on a pyramid scheme I would have to find a product that was good. They are just another cheap feeling, plastic handled, stamped cheapo knife that someone wants too much money for.
Knives should be a once in a lifetime investment, go out and get something better.
DL021 From United States of America, joined May 2004, 11443 posts, RR: 78 Reply 16, posted (8 years 9 months 1 week 6 days 19 hours ago) and read 1958 times:
Quoting Logan22L (reply 10): Sad, but true. As usual, the brains and brawn behind the operation are rewarded with inflation-rate salary increases, while the blathering idiots who peddle this stuff live off the fat of the land.
While I understand that sentiment, you have to remember that any idea/service/product has absolutely zero economic value if it cannot be sold. If nobody's buying then you'll never get the funding to make it work.
Speaking as one of the "blathering idiots" I'd rather make 25% off of the ideas and products of several people than have to try on live off on 100% off one my own. Those guys also need us to do what we do.
I say this as I currently hold an interim process patent (with two others) and have a good idea of what it takes to go through the product/process development required to bring something to market and I respect those that can do it. It has taken a long time and it isn't something you can do often. I also am glad that most of them need guys like me to sell their products as that assures me of a living, and it allows them to realize the fruits of their labors.
Logan22L From , joined Dec 1969, posts, RR: Reply 17, posted (8 years 9 months 1 week 6 days 18 hours ago) and read 1951 times:
Quoting DL021 (reply 16): Speaking as one of the "blathering idiots"
Hey DL021: Nothing personal; as soon as I saw you had responded I remembered that you mentioned sales in your profile. Anyway, you've been on my RU list for a while, not because I agree with much of what you say or side with, but because I see you as a stand-up guy and a worthy "adversary."
Anyway, enough ball washing. As Chrisdigo pointed out just above you last post, the reverse is also true, the salesman needs the product just as much as the developer needs the salesman. In fact, I'd skew that a bit, because most developers could sell more products than a salesman could develop. In your case, it sounds like you have your fingers in both pots. Good luck!
DL021 From United States of America, joined May 2004, 11443 posts, RR: 78 Reply 18, posted (8 years 9 months 1 week 6 days 16 hours ago) and read 1925 times:
logan....no sweat. I have a pretty low opinion of most salespeople myself.
chrisdigo.... Not really...if salespeople had nothing to sell they'd be inventing Amway....or restarting the hunter/gatherer society....... or hold signs up at intersections that say "Will Stop Pestering For Money".
Captoveur From , joined Dec 1969, posts, RR: Reply 22, posted (8 years 9 months 1 week 6 days 12 hours ago) and read 1895 times:
Quoting Adam (reply 12): We have this two peice fancy knife set from them...one of them, the blade comes out, not completely, but moves in and out of the handle.
Never had that problem with my Wustofs... They all cut and feel like the day they were new. The funny part is.. They did cost more than Cutco.. but not THAT much more when you look at the quality difference.
I looked at cutco once upon a time, as I had previously said I just couldn't get past that cheap feeling plastic handle.. with that grip that just feels totally unnatural.