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www.vectormarketing.com. Vector Marketing is a Direct selling marketing subsidiary company and the marketing arm of Cutco Corporation, an Olean, New York –based cutlery manufacturer. The company has been the subject of criticism and lawsuits for its business practices and has been accused of being a multi-level marketing company.
Fortune Hi-Tech Marketing (dissolved in 2013) FundAmerica (bankrupt in 1990) [25] Holiday Magic (dissolved in 1974) House of Lloyd (a.k.a. "Christmas Around the World") (filed for Chapter 11 bankruptcy in 2002) Kleeneze (went into administration in 2018) The Longaberger Company (dissolved in 2018) [26] Metabolife (dissolved in 2005)
Multi-level marketing (MLM), also called network marketing [1] or pyramid selling, [2] [3] [4] is a controversial [4] and sometimes illegal marketing strategy for the sale of products or services in which the revenue of the MLM company is derived from a non-salaried workforce selling the company's products or services, while the earnings of the participants are derived from a pyramid-shaped or ...
Cutco Corporation, formerly Alcas Corporation, is an American company that sells cutlery, predominantly through multi-level marketing. It is the parent company of CUTCO Cutlery Corp., Vector Marketing, Ka-Bar Knives, and Schilling Forge. The company has been the subject of criticism and lawsuits for its business practices, and has been accused ...
I have no connection to Cutco or Vector Marketing, and in fact I think their recruiting practices are a bit scammy, but Wikipedia was using the LA Times to claim that Vector "meets the Federal Trade Commission's exact definition of a multi-level marketing company". However, this was sloppy reporting by the LA Times at best, and willful ...
ACN, Inc. ACN, Inc. is a North American multi-level marketing (MLM) company. [2] It provides telecommunications, energy, merchant services and other services, depending on the country, through a network of independent sellers who also can recruit other sellers. Based in Concord, North Carolina, United States, ACN began operations in the United ...
Amway Corp. (short for "American Way") is an American multi-level marketing (MLM) company that sells health, beauty, and home care products. [2] [3] [4] The company was founded in 1959 by Jay Van Andel and Richard DeVos and is based in Ada, Michigan. [5] Amway and its sister companies under Alticor reported sales of $8.9 billion in 2019. [1]
mannatech .com. Mannatech Inc. is a publicly traded, multinational multi-level marketing firm that sells dietary supplements and personal care products. It was founded in November 1993 by Samuel Caster, and is headquartered in Flower Mound, Texas. The company's stock is traded on the NASDAQ exchange under the symbol MTEX.