Phoenix Trading - Hints and Tips

Rosemary_Jane

Drunk_Tinkerbell wrote: »

Can I just ask, if I pay just the £45 and maybe the £50 to get the first level of starter kit, can I buy one of those kits again in the future or are they only available when you first start?
How do you then update your kit? Do you just buy cards at a 30% discount or is it a case of the more you buy the cheaper it is?
Thanks
DT x

Hi again,

The business pack contains all you really need, but if you want to have some stuff in stock to sell on the spot you can buy a starter kit, but they're not available unless you buy them when you first register.

After that, you order individual things that you need; you may decide to plough back half your profits, say, to buy a few extra of the most popular sellers, just to have something for a desperate buyer.

At the moment, you purchase the cards for 53p plus VAT - 63p. Then you sell them at £1 each, or 90p each if 10 or more are bought. So, that's 30% discount off the 90p price, and a bit extra at the single card rate.

On January 1st, the wholesale price will be 59p + VAT - about 70p, that's your 30% discount at the multi-card rate of £1. Single cards will be £1.20, so 50p profit.

Of course, if you are doing parties, or a fundraising event, your hostess or charity gift comes out of that profit. If you sell above a certain amount in any month, then you will also get a small extra percentage as a bonus payment direct from Phoenix.

When you get your info pack, there will be the contact details of the person chosen to sponsor you. S/he will be paid by Phoenix (as a bonus on your sales), so it is in his/her interests to help and support you to be successful, and this is what you could be doing later, as you, in turn sponsor others - if you want to, or you can concentrate on retail, if that's what you want.

Rosemary

EllieMarie

Hi, everyone, I'm a newbie but have been following this thread for a few weeks now, hope it's ok to join in.

I've been a PT now for about 6 weeks and TBH I am a bit up and down with regards to how it is going.

I bought the largest starter pack, which I'm not sure was the right choice, but I have sold roughly half. Trouble is now the most popular ones have gone I'm worried I'm going to be left with the rest. Although I might use some of the stationary as Christmas presents etc and would definately have enough birthday cards for years to come!:D

I think the products are lovely and good quality, but with the exception of the everyday greeting's cards (well until the price increases anyway) the gift wrap for example does not seem as good value compared with shop bought, although it is lovely quality.

I have mainly sold to friends, and work collegues. I did do a morning at a local market but only sold 4 items and the table cost me £7 so was a waste of time, and I had to be there by 7am. I'm quite shy so am not the best person to approach people and am not at all pushy:o.

I have done a couple of leaflet drops, in an area by a primary school, where there are lots of families (my thinking behind this was that they must need lots of cards for children's parties etc!). This first time I received £23 worth of orders and I have to pick the next lot up on Friday, so will let you know how it goes.

Any hints/tips gratefully received:D .

Drunk_Tinkerbell

Hiya!
Me again!
I think I am going to just buy pack 1 and maybe just buy a couple of bits extra just to show people the quality. Maybe a couple of xmas boxes and a couple of xmas wraps. Does this sound like a sensible decision?
One question... is it the lower amount spent the higher the delivery cost? What do you do if you have a small order of say £10, do you then have to spend £7 on delivery???? What do you do in those situations??

Wibblywobbly14

Hi, this is my first post on here, so I hope I have put it in the right place! My silly question is why do the order pads now have three sheets instead of two? OK, one goes to the customer, but why do the Traders get two, what are we supposed to do with them?

Thanks, WW

lauhen

Drunk_Tinkerbell wrote: »

Hiya!
Me again!
I think I am going to just buy pack 1 and maybe just buy a couple of bits extra just to show people the quality. Maybe a couple of xmas boxes and a couple of xmas wraps. Does this sound like a sensible decision?
One question... is it the lower amount spent the higher the delivery cost? What do you do if you have a small order of say £10, do you then have to spend £7 on delivery???? What do you do in those situations??

If you have a small order of say £10, you can ring up phoenix and they should give you a normal postage price for sending it by royal mail, i had a £22 order and the charge for postage was £2.61. Or you could ask someone in your upline if they have the cards you are looking for and do it that way.

egg345

Hello all fellow Pts!! Have been poorly so just catching up on thread.
I too am stuck at how much extra stock to but in as have 4 events on consequtive days so no time to re order. Decided going for 5 packs of 3 designs of cards adn 3 designs of wrap the same. If people see a few of an item they might think its a popular design!!! LOL!!!

Love the idea of the Planner-free raffle to get peoples details.

Have spent £28 on a stall and taken £14 so gutted, have had a free stall and taken £150. Think of the events over a month not just one event, add all costs and takings up over a month. I had a crappy event in a village hall, wished was home with the family took £4 all day ...!!....and then signed a person up there and then. You never can tell.......

In in the east mids too, must look up facebook group if I knew how??!!

I'd advise anyone signing up to buy the BIG pack and if they're not tell me and I'll buy it off them!!!! Prices are going up in January to buy and sell-so the more stock you can get now the more profit you'll make the in the new year...buy low sell high. I've reduced the number of lines I have in stock and buy them all in multiples of 4 or 5 now, except Cupcakes and I buy that in 20's!!!!! Get all the ones that have matching wrap, tags etc.

I price wrap and tag at £1.30-we don't make enough to be offering MORE discounts on this amount BUT I do sell card, wrap and tag for £2.20 (10p saving) PURELY so I can put 'discounted packs'-& tell people when they want just one or two cards that it works out cheaper to buy the set overall.....works very well!!

I have small individual baskets for events -boys, men, girls, ladies, occasions(anniversary, births etc) Floral designs, Lavender range, paler blue range-beach huts, house etc & presently Christmas, and put wrap packs at the back, cards in front then suitable coloured ribbon. On the boys and girls add door hangers, fairy/spy sets. People like to see things together.

I also always have a basket in my car for the mums at school, tell them its there!! I also have another hamper made up for business-I just use a big A4 pink envelope for payments and ask the receptionist to look after it, saying, 'I have a full stock list of whats in here so don't worry if you can't remember everything'!!makes them think I know whats in there-I personally dont but other organised PTs do!!! I offer them 10% off their order too.

I didnt know Phoenix diod posters for events-thx 4 this info!!!

Joanna x

JDMoneyMakers

Wibblywobbly14 wrote: »

Hi, this is my first post on here, so I hope I have put it in the right place! My silly question is why do the order pads now have three sheets instead of two? OK, one goes to the customer, but why do the Traders get two, what are we supposed to do with them?

Thanks, WW

pink one customer
yellow one inside their order when you sort it out and give to them
white trader

thats what i was told
HTH

egg345

LOL!!!

I was told pink to customer, yellow for seperate tax records, white for trader own records!!!


I personally give customers the white one caus the others look rubbish!!!

JDMoneyMakers

i have lots of gift wrap and might wrap up a box with a ribbon and tag for display... i shall do the cupcake one i think as it does seem to be popular.

JDMoneyMakers

egg345 wrote: »

LOL!!!

I was told pink to customer, yellow for seperate tax records, white for trader own records!!!


I personally give customers the white one caus the others look rubbish!!!

so we are none the wiser hehe