KINGSTON ANCIENT MARKET
Saturday 4 March 2017, 10AM – 5PM
This Saturday we are taking over the Kingston Ancient Market and if you believe the weatherman – the weather might be on our side!
As long as it doesn’t pour, it’s good. Please dress for bad weather. It is very cold standing in the market selling the whole day.
When we first started taking students to the Kingston Ancient Market, we only used to sell for a couple of hours on a Thursday. It was always a good experience, but the market wasn’t very busy and teams always glided through the experience effortlessly… …a little too effortlessly – we realised we needed to go bigger to provide you with a learning experience that also tests your entrepreneurial drive.
Imagine your income depends on this business. Unless you make money, you don’t eat.
To participate in the market, you spent time dealing with organisers and applying for a market stall. You completed your registration (which includes your business plan), provided your insurance documents and your risk assessment (see StudySpace), hired your table, and paid your market fee. You have spent time and money before getting to the market. On the day of the market, you will first work to cover your costs before you can start making any profit, and that is not even considering your production costs, etc. If you don’t make any money, it means you have lost both time and money.
Here, we organise the market stalls for you. Sometimes students get tired and fed up by 2PM and ask if they can go home. We are not going to hold you. However, when you feel fed up on Saturday, please look around the market at the other traders selling there on the day. They have no choice, they can’t afford to get fed up – they have families to feed and bills to pay.
If you want to run your own business, you will have to be brave.
Here is the plan of action for the day.
PLAN OF ACTION:
8:00AM Meet by the statue in the Market Square for info and gazebo allocation
8:00 – 8:15AM Tables delivered
8:30 – 9:45AM Set up
10:00AM Teams start selling
11:00AM Judges start judging
3:00PM Judges announce winners: Best Product (£60), Best Stand (£60), Best Sales Team (£60), Best Company (£100)
5:00PM Clear up; prepare tables for collection; clear up all rubbish
5:30PM Tables collected; END
NEED TO KNOW:
Each team will be provided with a wood trestle table 4ft x 2ft 6″ (H 76.2cm, W121.92cm). Electricity is available to all teams. Your table will be inside a gazebo, each 3m x 3m, as in the photo.
We have 14 gazebos, and these will be positioned in the Market as in the plan. Please note gazebos will be allocated on Saturday morning, on arrival, and can’t be requested.
You will share your gazebo with another team so make sure your stand design is not intruding the other team’s space and ability to sell.
Please be considerate to others at all times.
On the day, I will collect £10 from each team. This money will go towards cash prizes, awarded in 4 categories:
1 Best Product – £60 prize
2 Best Sales Team – £60 prize
3 Best Trade Stand – £60 prize
4 Best Overall Company – £100 prize
All winners also receive Young Enterprise certificates.
That’s all! Let’s make it a great trade fair experience!
If you have a question, please post it below so that the whole class learns from it.
See you all Friday!