0:00:02 > 0:00:04I'm Saira Khan and I'm a successful businesswoman.
0:00:04 > 0:00:06I started trading when I was just a teenager.
0:00:06 > 0:00:10Now I'm looking for the next generation of budding entrepreneurs
0:00:10 > 0:00:14who are fantastic at trading and know how to make a profit.
0:00:15 > 0:00:19I'm looking for Britain's best young traders.
0:00:19 > 0:00:21Can you do three for £2?
0:00:21 > 0:00:23Can I interest you in 50p for the jumbo sword?
0:00:23 > 0:00:24- Yes.- No.
0:00:24 > 0:00:27From over 1,000 applicants,
0:00:27 > 0:00:3014 teams have made it through to the heats.
0:00:30 > 0:00:32Would you like a pick 'n' mix fruit dessert?
0:00:32 > 0:00:34Very nice. Ooh, lovely.
0:00:34 > 0:00:37They will be tested in a range of tough trading challenges.
0:00:37 > 0:00:40I don't know how I'll survive the cheese challenge!
0:00:40 > 0:00:42I think you look amazing.
0:00:42 > 0:00:46Each team will be given £75.
0:00:46 > 0:00:49They must decide what to buy...
0:00:49 > 0:00:51We need to look for a cheaper option.
0:00:51 > 0:00:53..negotiate the lowest prices...
0:00:53 > 0:00:56- It's a deal.- £8.40?
0:00:56 > 0:00:57You drive a hard bargain, you guys!
0:00:57 > 0:00:59Nice doing business with you.
0:00:59 > 0:01:01..and then they must sell, sell, sell.
0:01:01 > 0:01:03- Pick any you want.- Yeah, £10.
0:01:03 > 0:01:05Come on!
0:01:05 > 0:01:09The team that takes the most money wins the challenge.
0:01:09 > 0:01:12But only the teams that top the leaderboard
0:01:12 > 0:01:16could be in with a chance to compete in the Grand Final in New York.
0:01:19 > 0:01:23..USA. U...S...A.
0:01:25 > 0:01:28Watch them in action, listen out for my top trading tips,
0:01:28 > 0:01:32and one day you too could trade your way to the USA.
0:01:38 > 0:01:41It's time to meet today's two teams.
0:01:41 > 0:01:45ALL: We're Prosperity and we're going to trade our way to the USA.
0:01:45 > 0:01:48As a group of friends, we do get on really well.
0:01:48 > 0:01:50- We know how to work... - We know how to work together.
0:01:50 > 0:01:54We know our strengths and weaknesses and we know how to play to them.
0:01:54 > 0:01:57Prosperity are three friends from Liverpool
0:01:57 > 0:01:59and they're quietly confident.
0:01:59 > 0:02:02We've all known each other for three years
0:02:02 > 0:02:04and we've always been best friends.
0:02:04 > 0:02:06Me and Lizzie have done car-boot sales.
0:02:06 > 0:02:09I've got a lot of business experience in my family.
0:02:09 > 0:02:12I know things like setting up websites.
0:02:12 > 0:02:16Lizzie is really, really ridiculously clever,
0:02:16 > 0:02:18so she's dead good at the maths.
0:02:18 > 0:02:22We're all approachable, friendly people, so we should be all right.
0:02:22 > 0:02:26But Prosperity are up against stiff competition.
0:02:26 > 0:02:28We're Money Talks.
0:02:28 > 0:02:31And we're going to trade our way...
0:02:31 > 0:02:33To the USA!
0:02:33 > 0:02:37Money Talks from Peterborough are also convinced they'll win.
0:02:37 > 0:02:42We think we'll win this competition, because we're good at persuading
0:02:42 > 0:02:45people to part with their cash and we're good at selling things.
0:02:47 > 0:02:51As a group, we definitely have the skills to win this competition.
0:02:51 > 0:02:54We're all bright and know our way around business.
0:02:54 > 0:02:57So, it's the cheeky charmers of Money Talks
0:02:57 > 0:03:00versus the sassy brainboxes of Prosperity.
0:03:00 > 0:03:04Which team will take the most money and win today's challenge?
0:03:08 > 0:03:09What's this?
0:03:09 > 0:03:13It looks like a scene from Alice In Wonderland.
0:03:13 > 0:03:15But what's it got to do with buying and selling?
0:03:15 > 0:03:18It's time to reveal today's trade challenge.
0:03:21 > 0:03:23Welcome, everybody.
0:03:23 > 0:03:26Your trading challenge is to set up a cakes and biscuits stall
0:03:26 > 0:03:29at a real, live Victorian village
0:03:29 > 0:03:33where they're holding a very special Alice In Wonderland event.
0:03:33 > 0:03:35But first, you've got to decide
0:03:35 > 0:03:38which treats you're going to buy for your customers.
0:03:38 > 0:03:41That's why we're here at Ludlow Food Centre,
0:03:41 > 0:03:45because in there, you've got everything you need.
0:03:45 > 0:03:48Time is money, so get in there!
0:03:50 > 0:03:52Ooh! Food, glorious food.
0:03:52 > 0:03:55Where are those chocolate brownies?
0:03:55 > 0:03:57There's so much choice here.
0:03:57 > 0:04:02The teams must decide on what will sell best at a fancy dress party.
0:04:02 > 0:04:06There'll be thousands of visitors at the Victorian village.
0:04:06 > 0:04:09What will they be interested in buying?
0:04:12 > 0:04:17Money Talks, Prosperity, this is your trading fund.
0:04:18 > 0:04:22This is Rubin. Today you can buy directly from him.
0:04:22 > 0:04:26Remember to negotiate hard and ask lots of questions.
0:04:28 > 0:04:31So, what will Money Talks and Prosperity
0:04:31 > 0:04:33spend their £75 on today?
0:04:33 > 0:04:36The first rule of trading is research.
0:04:36 > 0:04:38They now have 15 minutes.
0:04:38 > 0:04:41Do you sell it by cake or by slice?
0:04:41 > 0:04:44In the shop, we sell it as a whole cake,
0:04:44 > 0:04:47but over in the cafe, we sell it by slice.
0:04:49 > 0:04:53Do you think that more simple packaging sells more effectively?
0:04:53 > 0:04:57Packaging could sell anything, is the honest answer to that.
0:04:57 > 0:05:00If you package something right, you'll sell it.
0:05:01 > 0:05:03Back on the shop floor,
0:05:03 > 0:05:05Prosperity head straight for the cakes.
0:05:05 > 0:05:07I like that one. Would it sell, though?
0:05:07 > 0:05:11I think that would, cos I like carrot cake, and all my family does.
0:05:11 > 0:05:13We don't want too many whole cakes.
0:05:13 > 0:05:15We're cutting them into slices.
0:05:15 > 0:05:18- We need loads of cookies, though, I think.- Yeah.
0:05:20 > 0:05:23And what have Money Talks got their eye on?
0:05:23 > 0:05:25Strawberry bonbons.
0:05:25 > 0:05:28Toffee, strawberry and lemon.
0:05:28 > 0:05:30Sweets. Hmm.
0:05:30 > 0:05:33You could, like, have them for 5p or 10p each.
0:05:33 > 0:05:37- Yeah.- I think the sweets are going to sell, because it's a child's event
0:05:37 > 0:05:42and it will attract the parents to come in with their children.
0:05:42 > 0:05:46Prosperity want to buy scones and fill them with jam and cream.
0:05:46 > 0:05:50I just think that adults go for the strawberry over the...
0:05:50 > 0:05:53Yeah, but people might just like that.
0:05:53 > 0:05:56I wouldn't put a lot of money into them.
0:05:56 > 0:05:59No, just get the least of them, then, and get the most of them.
0:05:59 > 0:06:01Write it down, then.
0:06:01 > 0:06:02So much choice...
0:06:02 > 0:06:04Shall we get some chocolate?
0:06:04 > 0:06:05I don't know!
0:06:05 > 0:06:07..so little time.
0:06:07 > 0:06:09And it's so easy to get distracted.
0:06:09 > 0:06:12- Did you see those bears? - Bears?!
0:06:12 > 0:06:14Come on Money Talks, focus.
0:06:14 > 0:06:16OK, what have we actually got?
0:06:16 > 0:06:22Scones, tarts, cakes and some sweets and some biscuits.
0:06:28 > 0:06:32Prosperity want to work out exactly how much to spend on cakes.
0:06:32 > 0:06:36Let's go for, like, how much maximum are we willing to pay?
0:06:36 > 0:06:37- A fiver?- No way a fiver.
0:06:37 > 0:06:39£3.50, I think.
0:06:39 > 0:06:42Let's start with £2, because then it'll be like "£2.25?",
0:06:42 > 0:06:43and we'll be like, "OK!"
0:06:43 > 0:06:48You know when you were looking at the scones, the biscuits and cakes,
0:06:48 > 0:06:51what were you thinking about?
0:06:51 > 0:06:55Whether they'd appeal to who we're actually selling them to.
0:06:55 > 0:06:59How we could keep them in with the theme and make a profit from them.
0:06:59 > 0:07:02OK. It sounds like you've got a plan, and I hope you stick to it.
0:07:02 > 0:07:03Thank you.
0:07:03 > 0:07:04See you later.
0:07:06 > 0:07:10In Alice In Wonderland, we've got to make it that kind of theme.
0:07:10 > 0:07:14For Josh, it's all about the image and look of their stall.
0:07:14 > 0:07:17If we have them in packaging, we could have a big showpiece
0:07:17 > 0:07:20and then you can take the slices out, like a wedding cake.
0:07:20 > 0:07:25We could line them up and make them in the shape of a caterpillar.
0:07:25 > 0:07:33Guys, from what you've seen so far, what have you got your eye on?
0:07:33 > 0:07:35- The tarts.- Mm-hm.
0:07:35 > 0:07:39Some strawberry scones and a couple of Victoria sponges.
0:07:39 > 0:07:41Then we can jazz them up.
0:07:41 > 0:07:43Yeah, add, like, our own touch.
0:07:43 > 0:07:48My top tip to all your traders is, the look of your stall is important,
0:07:48 > 0:07:52but what's more important is knowing how much you paid for something
0:07:52 > 0:07:54and how much you're going to sell it for.
0:07:54 > 0:07:59Time's up on deciding what to buy.
0:07:59 > 0:08:02Now Money Talks and Prosperity have to negotiate with Rubin.
0:08:02 > 0:08:06Remember, they have £75 to spend today.
0:08:06 > 0:08:08They need to haggle for the best prices now
0:08:08 > 0:08:12so they can take the most money when they sell tomorrow.
0:08:12 > 0:08:14Prosperity, you're up first.
0:08:14 > 0:08:17Whatever you do, don't crumble. Come on, guys.
0:08:17 > 0:08:19Prosperity's up first.
0:08:19 > 0:08:20Hello.
0:08:20 > 0:08:23Hope you found some interesting products.
0:08:23 > 0:08:29- Yeah.- We have the Victoria sponge, which you're selling for £4.75.
0:08:29 > 0:08:32How are you going to sell it? What have you got in mind?
0:08:32 > 0:08:35We were going to cut it into eight and then sell slices.
0:08:35 > 0:08:39What sort of price are you going to be selling each slice for?
0:08:39 > 0:08:42Each slice, we're thinking about £1.50 to £2 per slice.
0:08:42 > 0:08:45So there's some good profit in that for you.
0:08:45 > 0:08:47Lizzie makes their first offer.
0:08:47 > 0:08:53We were thinking of buying each cake for about £2 to £3.
0:08:53 > 0:08:54Oh-ho!
0:08:56 > 0:08:58Coming in very low.
0:08:58 > 0:09:02That is low, but it gives them room to negotiate.
0:09:02 > 0:09:05Initially, I'm thinking £4 for a cake.
0:09:05 > 0:09:07- I think you can go lower, to be honest.- Do you?
0:09:07 > 0:09:11Faye is not budging, and Lizzie is backing her up.
0:09:11 > 0:09:14So, if I was to say you could have four cakes for £15,
0:09:14 > 0:09:16does that sound fair to you?
0:09:16 > 0:09:18No.
0:09:18 > 0:09:22- Maybe £3.50 would be better. - Yes, I think we could...
0:09:22 > 0:09:24Do £3.50 a cake?
0:09:24 > 0:09:27Yeah, I think we could do £3.50.
0:09:32 > 0:09:3325p...
0:09:34 > 0:09:38I think that we could probably stretch to £3.50. OK?
0:09:38 > 0:09:39Thank you. Hand shake.
0:09:39 > 0:09:41It's a deal.
0:09:41 > 0:09:44It's a textbook negotiation.
0:09:44 > 0:09:47They've got the cakes at a fantastic price
0:09:47 > 0:09:51and they're going to get a brilliant mark-up. An excellent start!
0:09:54 > 0:09:58Prosperity's plan is to sell jam and cream with their scones,
0:09:58 > 0:10:02and that means more haggling with Rubin.
0:10:02 > 0:10:06£6 is pushing me right down to the bare bones.
0:10:06 > 0:10:07They keep pushing...
0:10:07 > 0:10:09You make a hard bargain.
0:10:09 > 0:10:12- ..and pushing...- £6 for four? - ..to get a great deal.
0:10:12 > 0:10:14I'll fold on that one and let you have that.
0:10:14 > 0:10:16Thank you.
0:10:16 > 0:10:20Now it's Money Talks' turn in the hot seat.
0:10:20 > 0:10:23These cakes are going to be part of our centrepiece -
0:10:23 > 0:10:26we're going to cut them up and put them in the centre.
0:10:26 > 0:10:27Cut them in 12.
0:10:27 > 0:10:28- Into 12?- Yes.
0:10:28 > 0:10:32Do you think that's going to make the portion a little bit too small?
0:10:32 > 0:10:35If we have small portions, they'll come back for more.
0:10:35 > 0:10:37Don't fill them up so they come back?
0:10:37 > 0:10:39- Yeah!- Very good.
0:10:39 > 0:10:42Mmm, an interesting selling tactic, Josh.
0:10:42 > 0:10:45How much are you going to charge them for a slice?
0:10:45 > 0:10:47We were thinking about 80p to £1.
0:10:47 > 0:10:50Because it's a small slice, that's a fair price.
0:10:50 > 0:10:55- So you think you can make £12 back on one of those cakes?- Yeah.
0:10:55 > 0:10:58OK, so what are you willing to pay for one?
0:10:58 > 0:11:02We were thinking of getting all of them together for 15 quid.
0:11:02 > 0:11:05So that's four cakes for £15?
0:11:05 > 0:11:07Yup.
0:11:09 > 0:11:11That sounds like a fair deal -
0:11:11 > 0:11:13I'm not going to come back to you on that.
0:11:13 > 0:11:18They're paying £3.75 for each cake -
0:11:18 > 0:11:2125p more than Prosperity paid.
0:11:21 > 0:11:24Josh is doing a lot of talking in there,
0:11:24 > 0:11:27but what he's not doing is driving a hard bargain.
0:11:27 > 0:11:31They've got to get Rubin to cut his prices, because if they don't,
0:11:31 > 0:11:33they're going to be in serious trouble tomorrow
0:11:33 > 0:11:35when it comes to who takes the most money.
0:11:35 > 0:11:39Now for their big trade idea - the sweets.
0:11:39 > 0:11:42So we've £12 worth of stock.
0:11:42 > 0:11:45Yeah, and we were thinking £8.50.
0:11:45 > 0:11:48£10 sounds more like a fair deal to me.
0:11:48 > 0:11:51- Maybe £9.50.- £9.50?
0:11:51 > 0:11:54Go on, then. £9.50 for six bags of sweets.
0:11:54 > 0:11:58Aleem and Josh are now getting into the swing of the haggling.
0:11:58 > 0:12:01We also need to talk about the tarts.
0:12:01 > 0:12:06Would you give them to us for 30p a tart? That would be £7.50.
0:12:06 > 0:12:08- For 25?- Yes.
0:12:08 > 0:12:11If we said 35p a tart, does that sound like a fair deal?
0:12:11 > 0:12:14Yeah. That's a good price.
0:12:14 > 0:12:16With just £12 left,
0:12:16 > 0:12:18they've got to spend it wisely.
0:12:18 > 0:12:20Just times it by two.
0:12:20 > 0:12:23Oh, no! Aleem wants more sweets,
0:12:23 > 0:12:27but I think they'd take more money if they bought more cake.
0:12:27 > 0:12:30Can we have another lot of all of the sweets?
0:12:30 > 0:12:33- So the same again?- Yes.- OK.
0:12:33 > 0:12:34It's been brilliant.
0:12:34 > 0:12:36The deals are done.
0:12:36 > 0:12:39So, how did each team spend their £75 trade fund?
0:12:39 > 0:12:43Prosperity have spent almost £40 on cakes and tarts,
0:12:43 > 0:12:47and almost £25 on plain and fruit scones,
0:12:47 > 0:12:49with £10 for the jam and cream on top.
0:12:49 > 0:12:54Money Talks have spent over £50 on a wide mix of products,
0:12:54 > 0:12:57including Victoria sponge cakes and lots of cookies.
0:12:57 > 0:13:00They've spent a whopping £20 on sweets.
0:13:00 > 0:13:03So, will it be the high teas for the grown-ups
0:13:03 > 0:13:06versus bags of treats for those with a sweet tooth?
0:13:06 > 0:13:10Now it's all about who sells the most at the Mad Hatter's Tea Party.
0:13:10 > 0:13:14Only one team will win and be in with a chance of trading their way
0:13:14 > 0:13:18to the USA and becoming Britain's best young traders.
0:13:18 > 0:13:20Let the battle commence.
0:13:25 > 0:13:29It's the selling day. We're in Shropshire at a Victorian village
0:13:29 > 0:13:33that welcomes thousands of visitors to its Alice In Wonderland Festival
0:13:33 > 0:13:36and Mad Hatter's Tea Party.
0:13:36 > 0:13:39It's full of people dressed up
0:13:39 > 0:13:42and ready to step through the looking glass.
0:13:42 > 0:13:46But before Prosperity and Money Talks start trading,
0:13:46 > 0:13:48they have to look the part.
0:13:48 > 0:13:54Now, the team that makes the most money wins today's challenge
0:13:54 > 0:13:56and has a shot at the semi-final.
0:13:56 > 0:13:59Win that and you will be in our Grand Final in New York.
0:13:59 > 0:14:03You've got a lot of selling to do, so go for it!
0:14:05 > 0:14:07They'll have just three hours to sell.
0:14:07 > 0:14:10Which team will take the most money today?
0:14:10 > 0:14:13The pressure's on to get their stalls ready.
0:14:13 > 0:14:16A big part of Money Talks' plan
0:14:16 > 0:14:19is to sell sweets in pick 'n' mix bags.
0:14:19 > 0:14:21The sweets cost them £20.
0:14:21 > 0:14:24By dividing them up into 50 bags for £1 each,
0:14:24 > 0:14:26they could make a £30 profit.
0:14:29 > 0:14:33And Prosperity, making their own scones with jam and cream
0:14:33 > 0:14:34could be the key to their success.
0:14:34 > 0:14:40They bought the scones at 35p each. The jam and cream cost a few pence.
0:14:40 > 0:14:42They plan to sell them for £1.75.
0:14:46 > 0:14:48Five minutes.
0:14:48 > 0:14:49The pressure's on.
0:14:49 > 0:14:51Putting them on... it doesn't look good.
0:14:51 > 0:14:56Josh is confidently putting everything on display.
0:14:56 > 0:14:57Josh, put them all back.
0:14:57 > 0:15:00- And Aleem's not happy. - You've got to put them out.
0:15:00 > 0:15:04The strawberry ones are the best, - we've got to be able the see them.
0:15:04 > 0:15:08- No, no, no. Aleem!- Oh, no!
0:15:08 > 0:15:10That's almost £4 worth of stock gone.
0:15:13 > 0:15:15And that's the marmalade down too.
0:15:15 > 0:15:17We just lost some cakes!
0:15:17 > 0:15:21We lost four, but we're OK, because we didn't lose the strawberry ones,
0:15:21 > 0:15:24and hopefully they'll sell better.
0:15:25 > 0:15:27Prosperity are getting flustered too.
0:15:27 > 0:15:30How much are we selling one for? Did we say 60?
0:15:30 > 0:15:33- Make it 1.30 for two. - That's ridiculous - that's more!
0:15:33 > 0:15:35But they won't buy individual ones if we do them in twos.
0:15:35 > 0:15:39Yeah, but that's more for two - they'd just buy them singly.
0:15:39 > 0:15:41There are moments to go before opening,
0:15:41 > 0:15:44but the teams are still not ready.
0:15:44 > 0:15:46Money Talks, something's wrong here.
0:15:46 > 0:15:49- The sign's upside down. - You're joking!
0:15:49 > 0:15:51Well spotted, Alexander.
0:15:51 > 0:15:55The prices are set, and the stalls are ready for business.
0:15:55 > 0:15:59It's time to stop setting up and start selling.
0:15:59 > 0:16:01It's crunch time.
0:16:01 > 0:16:04The teams have got to sell, but will their cakes bring in the cash?
0:16:08 > 0:16:13The crowds have arrived for the Alice In Wonderland adventure.
0:16:16 > 0:16:18Both teams are ready.
0:16:18 > 0:16:20Start selling!
0:16:21 > 0:16:22We're open!
0:16:22 > 0:16:25Queen of Hearts jam tarts. Would you like one?
0:16:27 > 0:16:31Thank you very much. We have our first customer!
0:16:31 > 0:16:33Money Talks makes the first sale of the day.
0:16:33 > 0:16:37Made a sale straightaway, so that's a good omen, hopefully.
0:16:37 > 0:16:39- Thank you.- Thank you.
0:16:39 > 0:16:41We made a sale.
0:16:41 > 0:16:43It's £1.75 for a slice.
0:16:43 > 0:16:45There you go. Enjoy that.
0:16:45 > 0:16:49Prosperity's stall looks busy, which is great, but I'm concerned
0:16:49 > 0:16:51that they may be overwhelmed by customers
0:16:51 > 0:16:54and they're not keeping track of their prices.
0:16:54 > 0:16:57A full cake? How much are the full cakes?
0:16:57 > 0:16:59Full cakes are £5.50.
0:16:59 > 0:17:00What's that?
0:17:00 > 0:17:03Full cakes are £5.50.
0:17:03 > 0:17:06A full cake for £5.50?
0:17:06 > 0:17:10Come on, Prosperity, you'd take more money selling it in slices.
0:17:10 > 0:17:12Thank you.
0:17:12 > 0:17:15Money Talks' stall isn't looking so busy,
0:17:15 > 0:17:17and they need to do something fast.
0:17:17 > 0:17:20Josh has a clever idea for selling.
0:17:20 > 0:17:24£1.20 a slice of award-winning Victoria sponge and chocolate cake.
0:17:24 > 0:17:26Take the cake to the customers.
0:17:26 > 0:17:28Over at this stall!
0:17:28 > 0:17:33Aleem is out with the sweets, a good tactic to get people to their stall.
0:17:35 > 0:17:38Money Talks have a mishmash of products at low prices,
0:17:38 > 0:17:43but what they have got is lots of enthusiasm when it comes to selling.
0:17:43 > 0:17:44£1.20 a slice for cakes.
0:17:47 > 0:17:48Hey, what's that?!
0:17:48 > 0:17:51They're cutting the cake into eight, not 12.
0:17:51 > 0:17:55They'll take less money for each cake.
0:17:55 > 0:17:59But those big slices for £1.20 are definitely a crowd-puller.
0:18:01 > 0:18:02Now Prosperity's stall is quiet.
0:18:02 > 0:18:04People are looking but not really buying.
0:18:04 > 0:18:10We need to get more buyers. That's the problem right now.
0:18:10 > 0:18:13I think they're lacking passion and enthusiasm.
0:18:13 > 0:18:17My top tip to all you traders is, believe in your product,
0:18:17 > 0:18:19because if you're not enthusiastic about it,
0:18:19 > 0:18:23the customers won't be enthusiastic in buying.
0:18:24 > 0:18:28Faye decides that if Money Talks are so good at selling out and about,
0:18:28 > 0:18:32she can go directly to the customers too.
0:18:32 > 0:18:35Ah, tarts!
0:18:35 > 0:18:37These are the ones. There's one missing!
0:18:37 > 0:18:40One missing, look! What do you do when you see the Queen?!
0:18:40 > 0:18:44- Very nice, lovely.- Curtsy? - Yes. I should think so as well.
0:18:44 > 0:18:47- They're delicious tarts, dear. - Are you going to pay for that?
0:18:47 > 0:18:50- No, we're royalty.- No, we don't pay. - We don't carry money!
0:18:50 > 0:18:52I'm not going back to them!
0:18:54 > 0:18:58They've just stolen a tart! They've just stolen a tart!
0:18:58 > 0:19:00Oh...!
0:19:01 > 0:19:04At least all you lost was a tart. You could have lost your head!
0:19:07 > 0:19:10The Queen of Hearts might not pay, but lots of people are now buying
0:19:10 > 0:19:13Prosperity's scones with jam and cream.
0:19:15 > 0:19:19But those dry scones on Money Talks' stall aren't as popular.
0:19:21 > 0:19:22Cakes, cookies...
0:19:22 > 0:19:25How are you working together as a team?
0:19:25 > 0:19:26Great, so far.
0:19:26 > 0:19:32We need to pull more people in and stick to what we're best at,
0:19:32 > 0:19:33and that's selling.
0:19:33 > 0:19:38Money Talks are thinking of new ways to pull in the customers.
0:19:38 > 0:19:42To charm people into buying, Josh gets out his ukulele...
0:19:44 > 0:19:48- Chocolate cake?- £2.80. - ..and it seems to be working.
0:19:52 > 0:19:55Halfway through the challenge, and it's all to play for.
0:19:55 > 0:20:00Prosperity are charging high prices but aren't pushy on the selling.
0:20:00 > 0:20:01Power to the women!
0:20:03 > 0:20:05Money Talks have lower prices,
0:20:05 > 0:20:09but Josh has tricks up his sleeve to attract the customers.
0:20:09 > 0:20:12Cookies, scones, tarts and some sweets!
0:20:12 > 0:20:14I'm just offering around tasters.
0:20:14 > 0:20:20Make way for the Queen of Hearts. Make way.
0:20:21 > 0:20:24But what's going on? The customers are leaving.
0:20:24 > 0:20:27This is a problem for both teams.
0:20:27 > 0:20:32We should be entertained first, and that'll give us a good appetite.
0:20:32 > 0:20:36It's because the Mad Hatter's Tea Party has just begun.
0:20:39 > 0:20:43With fewer customers, Money Talks decide to take drastic action.
0:20:43 > 0:20:45What is going on?
0:20:45 > 0:20:47We're putting our prices down a bit,
0:20:47 > 0:20:50because we're not selling enough, in Aleem's eyes.
0:20:50 > 0:20:53Aleem was watching and has seen we're not selling enough.
0:20:53 > 0:20:55Is that a wise decision?
0:20:55 > 0:20:57I hope so.
0:20:57 > 0:21:00You've still got quite a lot of time to sell?
0:21:00 > 0:21:02Yes, definitely.
0:21:02 > 0:21:03OK!
0:21:06 > 0:21:09Everything over here is 50p!
0:21:09 > 0:21:10My top tip to all you traders,
0:21:10 > 0:21:14when you're selling and you're under pressure,
0:21:14 > 0:21:16don't reduce your prices too quickly.
0:21:18 > 0:21:23There's still 45 minutes of selling time left, and the gloves are off.
0:21:23 > 0:21:27It's started to pick up now. I'm feeling more confident.
0:21:27 > 0:21:29We're attracting a lot of potential from children.
0:21:29 > 0:21:32The jam tarts have been going well, and the cake's gone really well.
0:21:32 > 0:21:35People come over and keep coming back.
0:21:35 > 0:21:37- I'm going out now. - Thank you very much. Enjoy.
0:21:37 > 0:21:41How cute does he look?!
0:21:41 > 0:21:44That's cheeky, Josh - you're in Prosperity's selling space.
0:21:44 > 0:21:47- Getting a lot of customers. - He should move.
0:21:47 > 0:21:50Is anyone interested in buying anything so we can beat the boys?
0:21:50 > 0:21:54- Sweets, cakes, cookies!- Money Talks, with their lower prices,
0:21:54 > 0:21:56are getting lots of customers.
0:21:59 > 0:22:02We made £15.
0:22:02 > 0:22:05We just ran out of cake - we had to open another one.
0:22:05 > 0:22:10Cookies have gone down well. Scones haven't gone down so well.
0:22:10 > 0:22:12- I think we sold one. - No, we've sold about three.
0:22:14 > 0:22:20Prosperity, you've got 30 minutes left and you've got to sell
0:22:20 > 0:22:22all this. Are you confident you're going to sell?
0:22:22 > 0:22:24I'm confident we'll sell most of it.
0:22:24 > 0:22:27In terms of your pricing, have you reduced your prices?
0:22:27 > 0:22:30- No. We haven't reduced anything. - Why not?
0:22:30 > 0:22:32Because they're still buying it,
0:22:32 > 0:22:35so we're not going to reduce it until they stop buying.
0:22:35 > 0:22:37With maybe ten minutes to go,
0:22:37 > 0:22:40we'll probably sell most of it for £1 a slice or something.
0:22:40 > 0:22:43- OK, 30 minutes.- Thank you. - Thank you.
0:22:46 > 0:22:51Money Talks, you now have 30 minutes to get rid of all your stock.
0:22:51 > 0:22:52What's your strategy?
0:22:52 > 0:22:56Literally give it to them.
0:22:56 > 0:23:01We've lowered the prices loads... from the starting prices.
0:23:01 > 0:23:02- Confident?- Yes.- Yes.
0:23:08 > 0:23:11Come and buy some award-winning Victoria sponge,
0:23:11 > 0:23:13absolutely delicious.
0:23:13 > 0:23:15£1 a slice of chocolate cake with clotted cream -
0:23:15 > 0:23:19- help us beat the boys. - 50p scones - over there!
0:23:19 > 0:23:20£2, yeah.
0:23:20 > 0:23:22Help us beat the boys!
0:23:22 > 0:23:24Everything on here - 20p!
0:23:24 > 0:23:29With just minutes left, it's a race for both teams to sell, sell, sell.
0:23:29 > 0:23:30£2, yeah.
0:23:30 > 0:23:32There you go!
0:23:32 > 0:23:33Selling is over.
0:23:33 > 0:23:34We're done.
0:23:39 > 0:23:42'It's been a tight competition, but who's taken the most money?'
0:23:44 > 0:23:48The winners today could get through to the big New York final
0:23:48 > 0:23:51where they'll compete against another team
0:23:51 > 0:23:54to be named Britain's best young traders.
0:23:54 > 0:24:01Teams, the challenge is over. What did you enjoy about this task? Faye?
0:24:01 > 0:24:03I really enjoyed today, selling to the customers,
0:24:03 > 0:24:06going out and getting people's attention.
0:24:06 > 0:24:08When it got busy and when it was crazy, it was more fun
0:24:08 > 0:24:11than when there were no customers.
0:24:11 > 0:24:13What about you, Joshua?
0:24:13 > 0:24:16Yeah, the mad rush... when everyone's there,
0:24:16 > 0:24:19you have to quickly do everything, that was really good.
0:24:19 > 0:24:24Shouting out to get the customers into our stall to buy our products.
0:24:24 > 0:24:29I've been following both teams for two days. These are my observations.
0:24:29 > 0:24:32Money Talks, you bought some cakes,
0:24:32 > 0:24:37but you also looked at different areas like sweets and marmalade.
0:24:37 > 0:24:40Was that the right selection to get you the most money
0:24:40 > 0:24:41at the end of the day?
0:24:41 > 0:24:43Prosperity, at times,
0:24:43 > 0:24:48I felt that you were quiet in trying to attract customers to your stall.
0:24:48 > 0:24:53Has that cost you? Who had the right strategy? Let's find out.
0:24:57 > 0:24:58Money Talks...
0:25:00 > 0:25:02..you took...
0:25:06 > 0:25:08..£100.60!
0:25:09 > 0:25:11That's mad.
0:25:11 > 0:25:13Prosperity...
0:25:15 > 0:25:16..you took...
0:25:19 > 0:25:22..£211.10!
0:25:24 > 0:25:26Wooh!
0:25:29 > 0:25:36Money Talks! It was a good sum of money but not good enough.
0:25:36 > 0:25:38- Have you enjoyed it? - Yes.- Definitely.
0:25:38 > 0:25:42- Have you learned from this experience?- Yes.
0:25:42 > 0:25:43Don't sell dry scones!
0:25:43 > 0:25:45SAIRA LAUGHS
0:25:45 > 0:25:48Wow! That was amazing!
0:25:48 > 0:25:53- How do you feel? - Really good.- Feels boss!
0:25:53 > 0:25:56- We never expected that whatsoever. - Yeah, it feels really good.
0:25:56 > 0:26:01Listen, I have to say, I was so impressed with you guys.
0:26:01 > 0:26:06Your negotiation was fantastic. You were hard.
0:26:06 > 0:26:10One thing you did was you kept your prices high
0:26:10 > 0:26:13and you were determined to get that money.
0:26:13 > 0:26:18You were fantastic. Well done. High five!
0:26:18 > 0:26:20£211!
0:26:20 > 0:26:24- You should be so pleased. Well done!- Thank you.- Thank you.
0:26:24 > 0:26:26'So, Prosperity win.
0:26:26 > 0:26:32'From their £75 trade fund, they've taken a whopping £211.10.'
0:26:32 > 0:26:35That's a profit of £136.10.
0:26:36 > 0:26:39So let's look at the leaderboard...
0:26:39 > 0:26:41Prosperity go into first place
0:26:41 > 0:26:42ahead of Sapphire, Impulse
0:26:42 > 0:26:44and the OAPs.
0:26:45 > 0:26:47Only the four winning teams
0:26:47 > 0:26:51who take the most money get through to the semi-finals.
0:26:52 > 0:26:56The two best will go on to compete in the grand New York final.
0:26:58 > 0:27:03But only one team will be named Britain's best young traders.
0:27:05 > 0:27:08Next time on Trade Your Way To The USA...
0:27:08 > 0:27:11£2.50 for a really good present.
0:27:11 > 0:27:15- ..there are souvenirs to be sold... - "I love London" mugs and spoons!
0:27:15 > 0:27:17..as two teams of traders battle it out...
0:27:17 > 0:27:19Just £2.
0:27:19 > 0:27:22You can get this very fancy teapot.
0:27:22 > 0:27:25..at one of London's top tourist destinations.
0:27:30 > 0:27:33Subtitles by Red Bee Media Ltd
0:27:33 > 0:27:36E-mail subtitling@bbc.co.uk