Phoenix Trading Review – Is it worth it?

So you’ve heard of Phoenix Trading, you love their products and you want to know what’s happened to the company? In this blog post I reveal my experience of Phoenix Trading. What I expected from it and what I discovered. Here is my Phoenix Trading review. Phoenix Trading closed down on the 15th August. We don’t know the exact details yet but a new company will be launching, probably in January 2018, and there will be stock available here until that date. My Phoenix Trading review still stands and if you want to know more about what will happen in the future please contact me so I can keep you up to date as I find out more.

If you want to be the first to join my new team when we relaunch let me know here.

If you want to join my new customer loyalty programme let me know here.

Monster bookmarkI became a Phoenix Trader by ‘accident’!

What is it about Phoenix that attracted your attention? Did you find their cards were unlike any you had seen in the shops and better value? Had you received a present gift wrapped with roll wrap that looked better quality and prettier than any you had seen before? This is what most people say. Well for me it was the bookmarks!

While selling children’s books, I thought the bookmarks would compliment my stock…gradually I fell hook, line and sinker for their entire range of cards, stationery and other gifts.

a241 dragon castleHave you wondered if it would be worth being a Phoenix Trader just to get your hands on some cards, gift wrap and stationery that you love? I fell in love with the children’s range as I had young children. It was worth being a Phoenix Trader just for the birthday and Christmas cards I was going to use myself.

If you are worried that there will be lots of sales and recruitment targets, there aren’t. In all the time I’ve been doing Phoenix no one has pressured me to sell a certain amount or to recruit people.

I hadn’t intended to build a business from Phoenix but when I took a closer look at the commission package that Phoenix offer I realised that building a team and getting to the level of business bonuses was entirely doable. It wasn’t a requirement, no one would try and make me do it but it looked achievable. So if you are looking for a business, not just some free cards for yourself, there is that option too.

(Update – as of July 1st 2017 Phoenix Trading isin administration. While the administration period continues no bonuses/commission scheme is in place but the profit margin on sales is higher to compensate for this. We hope a buyer is found for the company soon.)

Don’t I have to have team members to make money?

There are two ways you can earn money with Phoenix; profit from sales and commission from the volume of sales your team do. You don’t have to do both it’s your choice and there are no targets for either. You decide what you want. I wanted an income from it!

Sales profit is simple as you get 30% profit on everything you sell. Furthermore there is more than that on greeting cards when people don’t take advantage of their 20% discount by buying 10 or more assorted cards at a time. I think that’s a pretty good profit margin for a direct sales company (and of course it means 30% discount on anything you use!).

Minimum of 5% commission on team sales – but how do you get a team? In the first few months after I started I was busy trying to work out how to ask people to join my team and the fear that goes with not knowing how to start that conversation when people started asking me! I realised it wasn’t about trying to convince all my friends and family to join my business but about listening to what customers were saying and picking up on the cues to let them know ‘you can do this too if you want’.

I now have a team of Phoenix Traders across the UK and in Australia.

Good friends stars Phoenix Trading reviewWhat’s the company support like?

You don’t want to be stuck on your own, not knowing what to do when your starter pack arrives. On the other hand you probably don’t want to be bombarded by emails and phonecalls from your team leader either. I’ve found the support level to be just right. My team leader calls me when I want her to. There are Facebook groups to share ideas and encouragement. There will be team meetings (usually involving cake!) near you that you can choose to attend if you wish. I do not get any pressure, just support. I don’t get hassled by phone calls or emails telling me I’ve not done this or that. However I do get constant recognition when I reach a milestone, which I love.

It’s up to me to ask for input from others, it isn’t forced upon me and that’s the way I like it. I think it also makes for a better business to be honest as it’s then your responsibility.

What has really impressed me is how Phoenix Traders support each other across teams. This is something I feel very strongly about. If one grows we all grow as the ‘brand’ grows. I have received multiple nominations for the past two years for supporting other Traders outside my team. It’s this spirit of support across Phoenix which I think is somewhat unique to companies like us.

There has to be some negative in my Phoenix Trading review surely?

The ethos of Phoenix is about having an ethical business with beautiful artwork that makes people smile. We send cards and we sell cards. We wrap presents in the best wrapping paper I’ve ever used. So we aren’t as hot on social media but I’ve seen improvements since I joined.

When you show your starter pack of cards to your friends, colleagues, family the chances are they will ooh and ahh over the quality of the illustrations and product. They will see how fabulous your products are much more by physically holding them than from your Facebook page, or from a text message. Showing your cards to people is how you build your business and your personal ‘brand’. You can of course sell online too through a custom made website, like mine is.

My top 5 highlights from my Phoenix Trading review

Low cost start up

Start from just £35, which includes 10 brochures to start collecting orders and 45 cards to sell immediately. Potential sales value of £70.

Flexible business

No one sets any targets except you. I have never felt under pressure to achieve any level of sales, recruits, bonuses or anything.

Great products you will use yourself

We all know someone with a birthday! You will use the cards yourself. In fact the hardest bit might be selling them and not sending them all yourself!

Really helpful and friendly people both fellow Traders and head office

Most friendly company I have ever worked amongst. You will meet people you wouldn’t have met otherwise and make great friends, if you want to.

Nothing to lose!

What’s the worst that can happen? You get left with a few fabulous cards that didn’t cost you much that you can use yourself.

Like most direct sales, network marketing businesses Phoenix Trading is flexible so you make it work to suit you. Therefore, another person’s Phoenix Trading review might be totally different. I hope you’ve found my Phoenix Trading review helpful.

To join my new team with the new company click here

To ask me any questions click here

You could leave a comment telling me what you thought about Phoenix Trading. Perhaps you’re thinking about joining the new venture, what do you like about the idea, what are you not sure about? Were you a Trader, feel free to tell us what you loved about it. Or were you a happy Phoenix customer – what made us different to other card outlets?

If you liked my Phoenix Trading review then you might also like:
Is there room for more?
Can I make money at this?
What is a Pyramid Scheme (and what is not?!)

 

 

 

Comments 6

  • […] Phoenix Trading Review – Is it worth it? […]

  • Was a trader but got paired with someone I didn’t know didn’t gel with and who was 30 miles away.If I rejoined would I have to go back to her?
    Also why is the company in administration?
    Thank you

    • Rosalind – you don’t have to rejoin with the same Trader (unless it’s less than 6 months since you were last a Trader). You can just apply to the company for the most active local one – that’s possibly how you were assigned to the one you were with. Or you can ask to join someone’s team specifically by putting their details in when you join. The company voluntarily entered administration to restructure the business. They hope to find someone to buy it. Until then it is continuing to trade as normal. There’s a bit more to it than that but that’s the short version.

  • Thank you so much for the info.
    Have always loved the products and will seriously consider rejoining -bless you

    • You’re welcome Rosalind – just ask if there is anything else you want to know. If you are thinking of rejoining because you love the products then now is a great time because we are being offered extra discounts so great chance to make extra profit or get some favourites for yourself cheaper. You’d be welcome in my team but I’m pretty sure I’m more than 30 miles away lol! My team are spread all over UK and Aus!

    • Rosalind – thought you might like to know there is a 10% off everything sale online just started. Includes Christmas and every day stuff.

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