0:00:02 > 0:00:03I'm Saira Khan.
0:00:03 > 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.
0:00:14 > 0:00:18I'm looking for Britain's best young traders.
0:00:18 > 0:00:21Could you do three for £2?
0:00:21 > 0:00:24- Can I interest you in only 50p for the jumbo sword?- Yes!- No.
0:00:24 > 0:00:29From over 1,000 applicants, 14 teams have made it through to the heats.
0:00:29 > 0:00:31Would you like a pick-and-mix fruit dessert?
0:00:31 > 0:00:33Very nice. Lovely.
0:00:33 > 0:00:36They will be tested in a range of tough trading challenges.
0:00:36 > 0:00:40I don't know how I'm going to survive with this cheese challenge.
0:00:40 > 0:00:41I think you look amazing.
0:00:43 > 0:00:46Each team will be given £75.
0:00:46 > 0:00:48They must decide what to buy...
0:00:48 > 0:00:51I think we need to look for a cheaper option.
0:00:51 > 0:00:54- ..negotiate the lowest prices... - It's a deal.
0:00:54 > 0:00:57- £8.40?- You 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 ring you want.- Yeah, £10.
0:01:03 > 0:01:05Come on, glitzy glam!
0:01:05 > 0:01:09The team that takes the most money wins the challenge.
0:01:10 > 0:01:12But only the teams that top the leaderboard
0:01:12 > 0:01:15could be in with a chance of competing
0:01:15 > 0:01:16in the grand final in New York.
0:01:18 > 0:01:23Trade your way to the USA. U...S...A.
0:01:24 > 0:01:29Watch them in action, listen out for my top trading tips, and one day,
0:01:29 > 0:01:32you too could trade your way to the USA.
0:01:37 > 0:01:38Let's meet today's two teams.
0:01:38 > 0:01:43It's New Minds of Hampshire versus Aspire of Glasgow.
0:01:43 > 0:01:47Ho! Ho! Hooo, ho!
0:01:47 > 0:01:51- ALL:- We're New Minds, and we're going to trade our way to the USA.
0:01:51 > 0:01:56I'm Krystyna, and I've been doing gymnastics for about seven years.
0:01:56 > 0:01:58To do gymnastics you've got to push yourself,
0:01:58 > 0:02:01which is what we need to do as a team to succeed in the competition.
0:02:03 > 0:02:06I'm Priyanka, and one of my favourite hobbies is textiles.
0:02:06 > 0:02:07I absolutely love making things.
0:02:07 > 0:02:09This requires quite a lot of patience,
0:02:09 > 0:02:11because the process takes a long time,
0:02:11 > 0:02:14but the end is definitely worth it.
0:02:14 > 0:02:18My name is Sarayu, and I really enjoy dancing.
0:02:18 > 0:02:19I've been doing it for three years.
0:02:19 > 0:02:22There's a few things you need to be able to do to be a dancer.
0:02:22 > 0:02:24You need to be confident, be a perfectionist,
0:02:24 > 0:02:25and you need to be dedicated.
0:02:25 > 0:02:29I am the creative side, I can come up with the idea,
0:02:29 > 0:02:33Sarayu is good at talking to people, she's a great people person,
0:02:33 > 0:02:36interacting with customers, and Priya's very good at maths,
0:02:36 > 0:02:39so she can do all the accountancy and all that side.
0:02:39 > 0:02:40We're also quite all-rounded,
0:02:40 > 0:02:42so we can all take over from each other if needed as well,
0:02:42 > 0:02:44and we work together really well.
0:02:44 > 0:02:48New Minds sound confident, but let's check out their competition.
0:02:48 > 0:02:51ALL: We are Aspire!
0:02:51 > 0:02:54And we're going to trade our way to the USA.
0:03:00 > 0:03:01Our team name is Aspire.
0:03:01 > 0:03:04We chose this because we think it reflects our personalities.
0:03:04 > 0:03:08We aspire to be the top and basically number one in all that we do.
0:03:10 > 0:03:13Michael's a really good guy. He's really funny as well.
0:03:13 > 0:03:19He's always got good jokes going, just a funny guy in general.
0:03:19 > 0:03:22Adil's going to bring a lot of experience to the team,
0:03:22 > 0:03:25because he's been working in his dad's shop,
0:03:25 > 0:03:28so I think that will really help our team.
0:03:28 > 0:03:31Francesco is a funny guy. He's definitely not shy.
0:03:31 > 0:03:34He can shout at the public, he'll do what you want.
0:03:34 > 0:03:35You don't know what he'll do next.
0:03:35 > 0:03:40We're up for it and we have got determination and aspiration,
0:03:40 > 0:03:41hence the name Aspire.
0:03:41 > 0:03:45So, it's the shopping-savvy New Minds
0:03:45 > 0:03:47versus the cheeky sellers of Aspire.
0:03:47 > 0:03:50I'm going to put their trading skills to the test,
0:03:50 > 0:03:55but which team will take the most money and win today's challenge?
0:03:58 > 0:04:03Today we're in the heart of London in Covent Garden.
0:04:03 > 0:04:06It's one of the oldest and busiest marketplaces in the world.
0:04:06 > 0:04:11People have been trading here for over 300 years,
0:04:11 > 0:04:13and there are thousands of visitors.
0:04:13 > 0:04:17Let's reveal today's challenge to the teams.
0:04:17 > 0:04:21Welcome, teams. You're Aspire, and you're New Minds.
0:04:21 > 0:04:23Your trading challenge
0:04:23 > 0:04:27is to set up a stall selling gifts and souvenirs in Covent Garden.
0:04:27 > 0:04:30Covent Garden attracts thousands of visitors every day
0:04:30 > 0:04:31from all over the world.
0:04:31 > 0:04:36Many of them could be interested in buying gifts and souvenirs,
0:04:36 > 0:04:38and that's why we're here
0:04:38 > 0:04:41at Elgate Gifts And Souvenirs Warehouse in Kent.
0:04:41 > 0:04:44In there they've got everything you need,
0:04:44 > 0:04:47so I suggest you start looking.
0:04:47 > 0:04:52'There's so much choice here, from toys, games and all sorts of gifts.
0:04:52 > 0:04:56'New Minds and Aspire have to pick the winning combination of products
0:04:56 > 0:04:57'to sell on their stalls.
0:04:57 > 0:05:01'There'll be thousands of visitors looking for souvenirs to take home
0:05:01 > 0:05:03'as a memory of their trip to Britain,
0:05:03 > 0:05:06'but what will they buy from our traders?'
0:05:07 > 0:05:09This is your trading fund.
0:05:09 > 0:05:12Spend it wisely. But first, let me introduce you to Debbie.
0:05:12 > 0:05:15She's the product director here at Elgate.
0:05:15 > 0:05:18You'll be buying directly from her. Haggle hard.
0:05:18 > 0:05:22So, what will the teams spend that £75 on today?
0:05:22 > 0:05:24First rule of trading is research.
0:05:24 > 0:05:27They've got 15 minutes to pick Debbie's brains
0:05:27 > 0:05:29and decide on what to buy.
0:05:29 > 0:05:31Right, now here is our souvenir room.
0:05:32 > 0:05:35There's every souvenir you could think of -
0:05:35 > 0:05:39bags, egg cups, snow globes and photo frames.
0:05:39 > 0:05:41So, does anybody have any questions?
0:05:41 > 0:05:44What would you recommend for Covent Garden especially?
0:05:44 > 0:05:45Covent Garden's tricky,
0:05:45 > 0:05:49because you've got such a huge variety of buyers.
0:05:49 > 0:05:51You've got your overseas tourists,
0:05:51 > 0:05:53you've got people just visiting for the day,
0:05:53 > 0:05:57so I'd probably direct you to the smaller, cheaper items.
0:05:57 > 0:05:59Is there anything here that's unique,
0:05:59 > 0:06:01that other stalls won't have and we could?
0:06:01 > 0:06:03That's the 1 million question.
0:06:03 > 0:06:06There is nothing here, probably, that's completely unique,
0:06:06 > 0:06:10but I think your overall key secret for tomorrow
0:06:10 > 0:06:14will be how you display it, how you merchandise it, and that's key.
0:06:14 > 0:06:17But if you want to know a best seller,
0:06:17 > 0:06:21I'd probably point you in the direction of a bus key ring.
0:06:21 > 0:06:26When an expert tells you that a product is best selling,
0:06:26 > 0:06:30that is a massive clue for you to buy loads of it.
0:06:30 > 0:06:33Armed with information about their customers and what sells best,
0:06:33 > 0:06:36the teams must now decide on what to buy.
0:06:36 > 0:06:39We need to spend about 50% on little things, at least,
0:06:39 > 0:06:41on the key rings, the magnets...
0:06:41 > 0:06:44- Talk about the money, leave the percentage.- 50% is a lot.
0:06:44 > 0:06:47That's an interesting strategy.
0:06:47 > 0:06:50Aspire want to spend 50% of their money
0:06:50 > 0:06:52on cheap things like key rings.
0:06:52 > 0:06:54Buy cheap and sell dear.
0:06:54 > 0:06:57Basically, that's the basic plan, yeah.
0:07:00 > 0:07:04New Minds have a very different strategy.
0:07:04 > 0:07:08I really think we should have some high-profit items.
0:07:08 > 0:07:09At least like two or three
0:07:09 > 0:07:12that we will make about £10 off by just selling one.
0:07:12 > 0:07:15£10 an item?
0:07:15 > 0:07:19So New Minds are looking at buying fewer, more expensive souvenirs.
0:07:19 > 0:07:24I think the plan is to buy quite big, expensive items, because
0:07:24 > 0:07:28you don't have to sell as many and you can get big profit on them.
0:07:28 > 0:07:32My top tip to all you traders is selling fewer items
0:07:32 > 0:07:36at high prices could make you lots of money, but it's a risky strategy.
0:07:39 > 0:07:44So much choice, so many souvenirs, so little time,
0:07:44 > 0:07:46and the teams are back in the showroom.
0:07:46 > 0:07:48Right, you look for that and I'll keep doing this,
0:07:48 > 0:07:50cos we've not got a lot of time.
0:07:50 > 0:07:54Aspire's strategy is to buy lots of cheap souvenirs, like key rings,
0:07:54 > 0:07:57key rings, and more key rings.
0:07:57 > 0:08:00People love these things. 42p!?
0:08:00 > 0:08:03Adil, these are 42p each, right?
0:08:03 > 0:08:05See this box, Francesco?
0:08:05 > 0:08:08- This is 65p.- 65p?!
0:08:08 > 0:08:11We could sell that for at least £2!
0:08:11 > 0:08:14Looks like Francesco's got an idea.
0:08:14 > 0:08:16Sell them all off individually.
0:08:16 > 0:08:19So divided by, hang on, one, two, three, four, five, six...
0:08:19 > 0:08:21Francesco wants to buy a whole pack of pens
0:08:21 > 0:08:23and split them up to sell individually.
0:08:23 > 0:08:28That way, they can charge more for each one. That's smart trading.
0:08:28 > 0:08:29£4.65, one big bus.
0:08:29 > 0:08:33Hang on, where's Francesco off to?
0:08:33 > 0:08:34That's not a cheap item.
0:08:34 > 0:08:36We want to get this teapot,
0:08:36 > 0:08:38because it's a teapot and a cup, and they match.
0:08:38 > 0:08:42A teapot? Well, let's see if you can sell that.
0:08:45 > 0:08:48Now it's New Minds' turn.
0:08:48 > 0:08:51I think maybe we should get some of these, because they're £1.15.
0:08:51 > 0:08:52Oh, oh, I love that!
0:08:52 > 0:08:54They're £1.65, Priya.
0:08:54 > 0:08:56These are quite nice,
0:08:56 > 0:08:59but they're a bit old-fashioned now, lipstick cases.
0:08:59 > 0:09:02- Is that £1?- Yeah, that's £1.
0:09:02 > 0:09:05Bags, purses, lipstick cases...
0:09:05 > 0:09:07I hope New Minds aren't getting distracted
0:09:07 > 0:09:09by buying things they'd like for themselves.
0:09:09 > 0:09:12It's tempting, but they've got to think about the customers.
0:09:12 > 0:09:14My top tip to all you traders -
0:09:14 > 0:09:19don't forget, customers always come first.
0:09:19 > 0:09:22I feel like me and Krystyna and Priya loose in a shopping centre
0:09:22 > 0:09:24would probably buy everything if we could.
0:09:24 > 0:09:27I thought we were going to get more high-priced things.
0:09:27 > 0:09:29Yeah, guys, come on.
0:09:29 > 0:09:32Well remembered, Krystyna, stick to your plan.
0:09:32 > 0:09:35- If we get two of them? - No, I think we should get five.
0:09:35 > 0:09:39- Really?- Yeah.- Do you think we'll be able to sell that much?- Ooh, true.
0:09:39 > 0:09:44Two of them, two of them, two of them...
0:09:44 > 0:09:49- Shall we say five of them, six of them?- Maybe more, ten?- Six.
0:09:49 > 0:09:50Do we have enough money?
0:09:50 > 0:09:53- These are so cool. - How much are they?
0:09:53 > 0:09:57£1. I think we could sell that off as £4. Or maybe £3.
0:09:57 > 0:10:01Time is up on deciding what to buy.
0:10:01 > 0:10:03Now they have to negotiate with Debbie.
0:10:03 > 0:10:08Remember, the teams have a £75 trade fund to spend.
0:10:08 > 0:10:10They need to haggle for the best prices now
0:10:10 > 0:10:14so they can take the most money when they sell tomorrow.
0:10:14 > 0:10:17- Aspire are up first.- Hi, Aspire.
0:10:17 > 0:10:20- Hi.- So, you've walked round and made your selections?
0:10:20 > 0:10:22Yeah.
0:10:22 > 0:10:26Now they've just got to hold out and get the best deals they can.
0:10:28 > 0:10:31- You doing the adding up down there as you go?- I'm trying to, yeah.
0:10:31 > 0:10:35- First up is the key rings.- Could we have one pack in gold, and...
0:10:35 > 0:10:37So you want more of a variety of key rings?
0:10:37 > 0:10:40- Yes, one pack in gold and one pack in silver.- All right.
0:10:40 > 0:10:43We're not going to sell 24 of each.
0:10:43 > 0:10:45Seriously, they're the top sellers, Cesco.
0:10:45 > 0:10:48You think we're going to sell 48 of them? Honestly?
0:10:48 > 0:10:51Yeah, genuinely I do. I believe we will.
0:10:51 > 0:10:53People buy them in thousands, Cesco.
0:10:53 > 0:10:55Yeah, that's shops, we've only got one day.
0:10:55 > 0:10:59Yeah, one day in which thousands of people will be going past our stall.
0:10:59 > 0:11:03Francesco isn't so sure about buying so many key rings.
0:11:03 > 0:11:06Could you give us six of these?
0:11:06 > 0:11:10At 75p each?
0:11:10 > 0:11:12That's too far.
0:11:12 > 0:11:15That's a massive discount. They're 88p,
0:11:15 > 0:11:18so as a percentage discount, that's a huge discount.
0:11:18 > 0:11:21We don't need to take money off everything.
0:11:21 > 0:11:24I've just heard Francesco tell Michael
0:11:24 > 0:11:27that you don't have to knock prices off everything.
0:11:27 > 0:11:29I totally disagree.
0:11:29 > 0:11:34You have to get yourself a bargain in order to make the most money.
0:11:34 > 0:11:37Michael is determined to haggle over the cups.
0:11:37 > 0:11:40It's £1.35.
0:11:40 > 0:11:42What sort of discount are you looking for?
0:11:42 > 0:11:47Maybe £1.10?
0:11:47 > 0:11:50- How about £1.20?- £1.15.
0:11:50 > 0:11:52Done. OK.
0:11:52 > 0:11:56'Michael's managed to get a 15% discount on each mug.
0:11:56 > 0:11:57'That's a great deal.'
0:11:57 > 0:11:58Go and get the teapot.
0:11:58 > 0:12:01They've got just a few pounds left.
0:12:01 > 0:12:03Hang on, where's Francesco going?
0:12:03 > 0:12:08It's that teapot. He's determined to have one on the stall,
0:12:08 > 0:12:12but Debbie only sells six at a time for £4.95.
0:12:12 > 0:12:16- Will she let him buy just one?- Would you be able to sell us just one?
0:12:16 > 0:12:22- One or two? - Well, those come packed, six pieces.
0:12:27 > 0:12:31I would think, yes, we could probably work something out.
0:12:31 > 0:12:35I would say a fair price would be...
0:12:35 > 0:12:38£5?
0:12:38 > 0:12:40Seeing as he's got a cheeky grin, £5.
0:12:40 > 0:12:42OK?
0:12:42 > 0:12:44'Well done, Aspire.
0:12:44 > 0:12:48'They get that teapot for £5.
0:12:48 > 0:12:53'Now it's New Minds' turn. But will they get a better deal than Aspire?'
0:12:53 > 0:12:55Yeah, we're going to go for the purses,
0:12:55 > 0:12:58- and we're going to get six of them.- Six of those.
0:12:58 > 0:13:03So those are £1, and you'd like six?
0:13:03 > 0:13:07We were wondering if we could buy them for maybe £4.50,
0:13:07 > 0:13:11£3.50 for six, £4.50 for six?
0:13:11 > 0:13:16I could maybe, maybe, maybe, do those for 90p.
0:13:16 > 0:13:19It's not really much of a discount, is it?
0:13:19 > 0:13:22Could we maybe get all six of them for £5?
0:13:25 > 0:13:28- No.- You drive a hard bargain!
0:13:28 > 0:13:31'The girls settle on 90p a purse.
0:13:31 > 0:13:33'That's a 10% discount, a good start.
0:13:33 > 0:13:37'Can they keep up the good work over the fridge magnets?'
0:13:37 > 0:13:40Four of each type for £4.50.
0:13:40 > 0:13:43So you're talking 12 magnets...
0:13:45 > 0:13:47..for £4.50?
0:13:47 > 0:13:51I do have to laugh at the discounts you're giving yourselves here.
0:13:51 > 0:13:54Priyanka is a very good negotiator.
0:13:54 > 0:13:58She's confident, determined, and a little bit cheeky.
0:13:58 > 0:14:01We were wondering if you could give it to us for £7.50 for the 12?
0:14:01 > 0:14:04Erm... £7.75.
0:14:06 > 0:14:07Yeah. We can do that.
0:14:07 > 0:14:11New Minds' strategy is to buy more expensive items like photo frames,
0:14:11 > 0:14:15but to make a good profit, they must get a discount on them.
0:14:15 > 0:14:18Would you be prepared to pay four of those for £12?
0:14:20 > 0:14:23Yeah, that should be OK. So that makes them £3 on the nose. All right?
0:14:23 > 0:14:25Good haggling, New Minds.
0:14:25 > 0:14:28Lovely. Thank you very much.
0:14:28 > 0:14:33So the deals are done. How did the teams spend that £75 trade fund?
0:14:33 > 0:14:37Aspire spent £54 on lots of small, cheaper items -
0:14:37 > 0:14:40key rings, fridge magnets, pens and magic cubes.
0:14:40 > 0:14:41The teapot cost £5,
0:14:41 > 0:14:47and the rest went on mugs, school kits and small photo frames.
0:14:47 > 0:14:49New Minds have gone for more expensive things,
0:14:49 > 0:14:54spending £46 on photo frames, bags and mugs.
0:14:54 > 0:14:57They've also bought purses, fridge magnets and wristbands.
0:14:57 > 0:15:01So it's the buy low and pile it high approach of Aspire
0:15:01 > 0:15:06versus the more expensive items with a touch of glamour for New Minds.
0:15:06 > 0:15:09Now it's all about who sells best.
0:15:09 > 0:15:12Only one team will win and still be in with a chance
0:15:12 > 0:15:14of trading their way to the USA
0:15:14 > 0:15:19and becoming Britain's best young traders. Let the battle commence.
0:15:28 > 0:15:32It's the selling day. We're in London, at Covent Garden Market.
0:15:32 > 0:15:35There are thousands of visitors from all over the world
0:15:35 > 0:15:37enjoying their visit to Britain.
0:15:37 > 0:15:42What souvenirs and gifts will they be interested in buying here?
0:15:42 > 0:15:46Well, here we are at one of London's busiest tourist attractions,
0:15:46 > 0:15:48Covent Garden Piazza.
0:15:48 > 0:15:49It's your selling day.
0:15:49 > 0:15:53Remember, the team that makes the most money wins the challenge
0:15:53 > 0:15:56and has a shot at the semifinal.
0:15:56 > 0:16:00Win that, and you'll be trading your way to the USA.
0:16:00 > 0:16:02I can hear the traders behind me getting ready.
0:16:02 > 0:16:06I think you should do the same. Get cracking.
0:16:06 > 0:16:07It's good, it's fine, it's good.
0:16:12 > 0:16:15The teams only have three hours to sell.
0:16:15 > 0:16:18The pressure's on to get their souvenir stalls ready.
0:16:18 > 0:16:22Both teams have been thinking hard about their selling strategies.
0:16:22 > 0:16:25We've sorted out all of our pricing for today.
0:16:25 > 0:16:29Last night in the hotel room we done it.
0:16:29 > 0:16:31I'll put two of these out, right?
0:16:31 > 0:16:35Our sales plan is to keep going with our prices until the very end,
0:16:35 > 0:16:37and then we're going to reduce them
0:16:37 > 0:16:39to attract more customers and sell out.
0:16:39 > 0:16:43We want to make our stall really attractive so it stands out,
0:16:43 > 0:16:46so people are going to walk by, they'll see our flags.
0:16:46 > 0:16:48Both teams have put effort
0:16:48 > 0:16:50into making their stalls look really nice,
0:16:50 > 0:16:53but New Minds in particular have focused on the detail.
0:16:53 > 0:16:56They've got a price list visible for everybody to see,
0:16:56 > 0:16:59and that is a really good selling point.
0:17:01 > 0:17:04Their souvenir stalls are set up.
0:17:04 > 0:17:07- Teams, are you ready?- Yes!
0:17:07 > 0:17:10Start selling!
0:17:10 > 0:17:12Got a small photo frame, which is a circle.
0:17:13 > 0:17:18New Minds are quick off the mark with lots of interest.
0:17:18 > 0:17:20And Aspire really want to sell their teapot.
0:17:20 > 0:17:23- Got this very fancy teapot. - And guess what? It's a cup as well.
0:17:23 > 0:17:26I'm sure if you go down the road you'll be seeing these,
0:17:26 > 0:17:29and they'll be selling for a tenner at least.
0:17:29 > 0:17:31Francesco has really got the gift of the gab.
0:17:31 > 0:17:34He's cheeky, he's passionate, he's fun and he's smiley.
0:17:34 > 0:17:36The customers are loving him.
0:17:36 > 0:17:39- First sale!- Thank you.
0:17:39 > 0:17:41You're welcome.
0:17:41 > 0:17:43Just made our first sale. Yay!
0:17:43 > 0:17:45- A pen.- We sold a pen!
0:17:45 > 0:17:47So first sale to Aspire.
0:17:47 > 0:17:49You know what? Good luck.
0:17:49 > 0:17:52- I have to admit, you're really good. - Thank you!
0:17:52 > 0:17:54Key rings and magnets are just £1!
0:17:54 > 0:17:57The visitors are from all over the world,
0:17:57 > 0:17:59so the teams have to find clever ways
0:17:59 > 0:18:03to persuade people who speak a different language to buy.
0:18:03 > 0:18:07We've been going round here selling stuff on the tray,
0:18:07 > 0:18:10'and we haven't had much luck at the moment.'
0:18:11 > 0:18:15New Minds seem to be struggling with the language barrier.
0:18:17 > 0:18:21These both together are £2.50, but individually they're £3.
0:18:21 > 0:18:24Would you be interested in buying one?
0:18:24 > 0:18:27I get a sense from New Minds they're feeling frustrated
0:18:27 > 0:18:29because their customers can't all speak English.
0:18:29 > 0:18:32Now, that's just an obstacle you've got to overcome.
0:18:32 > 0:18:37You've got to let your product do the talking and be enthusiastic.
0:18:37 > 0:18:39I really don't understand.
0:18:39 > 0:18:40Our English is very bad.
0:18:40 > 0:18:43It's important to adapt and be flexible in trading.
0:18:43 > 0:18:46Francesco is overcoming the situation
0:18:46 > 0:18:48by using other means of communication,
0:18:48 > 0:18:50and Priyanka is really trying.
0:18:50 > 0:18:52Would you like to come and see our stall?
0:18:55 > 0:18:57Would you like to...
0:18:57 > 0:18:59Come on, and we'll show you our stall.
0:19:00 > 0:19:02# Under my umbrella... #
0:19:02 > 0:19:05If the language barrier wasn't enough, it now starts raining.
0:19:05 > 0:19:07Well, it is Britain.
0:19:11 > 0:19:14Rain is a market trader's worst nightmare,
0:19:14 > 0:19:18so how will the teams deal with the weather?
0:19:18 > 0:19:20Quite frustrated. Because of the rain,
0:19:20 > 0:19:22no-one's coming out to buy anything.
0:19:22 > 0:19:24They're all just heading inside as soon as possible.
0:19:27 > 0:19:30It seems that Francesco isn't put off.
0:19:30 > 0:19:33He's braving that rain to take the product to the customers.
0:19:39 > 0:19:40Nice meeting you.
0:19:40 > 0:19:44My top tip to all you traders - if it starts raining,
0:19:44 > 0:19:47you've got to keep selling regardless of the weather.
0:19:53 > 0:19:55The rain has stopped, the sun's come out,
0:19:55 > 0:19:57and there are loads of customers here.
0:19:57 > 0:20:00This is a fantastic opportunity to sell.
0:20:00 > 0:20:02It's an hour into the selling.
0:20:02 > 0:20:05Aspire are doing well, but remember,
0:20:05 > 0:20:08New Minds have bought fewer, more expensive products,
0:20:08 > 0:20:10so they don't have to sell as many to win.
0:20:10 > 0:20:12We sold a mug. That's quite surprising,
0:20:12 > 0:20:14because we haven't sold any so far.
0:20:14 > 0:20:17New Minds are away, and it doesn't stop there.
0:20:17 > 0:20:19- How much are the mugs?- Just £2.
0:20:19 > 0:20:25New Minds bought each mug for 65p and they're selling them for £2.
0:20:25 > 0:20:28That's £1.35 profit each.
0:20:28 > 0:20:32Wow, another three mugs sold. That's more than £4 profit.
0:20:32 > 0:20:34It's going really well now, cos as soon as we get one person in,
0:20:34 > 0:20:37it draws more people in, which is good.
0:20:37 > 0:20:40Also, we're charging less than the boys, I think, but the thing is,
0:20:40 > 0:20:43I think they might be making more profit than we are.
0:20:43 > 0:20:45- Thank you.- Thank you.- Bye.
0:20:45 > 0:20:51Aspire, you've got exactly one hour left before I close your stall.
0:20:51 > 0:20:53- How's it going?- It's going good.
0:20:53 > 0:20:57- What's been your fastest seller? - The pens, definitely.
0:20:57 > 0:20:59The pens and maybe the cubes.
0:20:59 > 0:21:02We've bought a box of 36 for about £5,
0:21:02 > 0:21:04and we've sold them for £1 each.
0:21:04 > 0:21:08- You've still got a lot to shift. Good luck. Keep selling.- Thank you.
0:21:08 > 0:21:10Do you want to come over and have a look?
0:21:10 > 0:21:13A really nice purse, only just £2.
0:21:13 > 0:21:17OK, girls, you have exactly one hour left.
0:21:17 > 0:21:19So what's your strategy from now?
0:21:19 > 0:21:22Just go out, sell, we're not going to give up.
0:21:22 > 0:21:25We're going to keep pushing until they buy something.
0:21:25 > 0:21:27OK. And what's been your best sellers, then?
0:21:27 > 0:21:30Definitely the purses and the bags.
0:21:30 > 0:21:32And the key rings and magnets.
0:21:32 > 0:21:35The small ones. The small items are going really quickly.
0:21:35 > 0:21:37Well, OK. So, small items have gone quickly.
0:21:37 > 0:21:40You've still got quite a lot to shift in an hour.
0:21:40 > 0:21:42Do you think you're going to do it?
0:21:42 > 0:21:44- We can do it.- Yes!
0:21:44 > 0:21:48Key rings and magnets at just £1!
0:21:48 > 0:21:51New Minds continue to sell well,
0:21:51 > 0:21:54but Aspire are now having a tough old time of it.
0:21:54 > 0:21:59I Love London mugs and spoons. £3 each.
0:21:59 > 0:22:01Doesn't look like we're doing very well,
0:22:01 > 0:22:04cos theirs is getting really busy now. And ours isn't.
0:22:04 > 0:22:07Souvenirs for loved ones, friends, going home.
0:22:07 > 0:22:11And they still haven't sold that expensive teapot.
0:22:11 > 0:22:14We can't sell the teapot to anyone.
0:22:14 > 0:22:16No-one wants to buy it. I think it was a bad idea.
0:22:16 > 0:22:19And I've bought too many key rings.
0:22:19 > 0:22:21I don't know.
0:22:21 > 0:22:25Put a ribbon on it and everything. Still no-one wants it.
0:22:25 > 0:22:26Would you like this teapot?
0:22:26 > 0:22:29New Minds are selling those expensive items
0:22:29 > 0:22:30faster than hot cakes.
0:22:30 > 0:22:35We've sold everything apart from three magnets and the photo frames.
0:22:35 > 0:22:40I know, we can't believe it. It's really good.
0:22:41 > 0:22:45But Aspire are not giving up yet.
0:22:45 > 0:22:48If you done it, we'd be forever grateful.
0:22:48 > 0:22:51- £3.- £3?
0:22:51 > 0:22:53- £3.- Sure?
0:22:53 > 0:22:58Another mug sale. Francesco's cheeky sales technique pays off.
0:22:58 > 0:22:59He made me feel sorry for him.
0:22:59 > 0:23:03I feel bad. They're really confident. They're really good.
0:23:13 > 0:23:15It's crunch time.
0:23:15 > 0:23:18There's only ten minutes to go, so both teams are picking up the pace.
0:23:18 > 0:23:23New Minds are determined to get rid of every last photo frame.
0:23:23 > 0:23:25£2.50 for a really good present.
0:23:25 > 0:23:28Really unique, good quality, only £2.50.
0:23:29 > 0:23:31Key rings!
0:23:31 > 0:23:35Francesco has 40 bus key rings left and is desperate to get rid of them.
0:23:35 > 0:23:38We had a big crowd all about the key chains,
0:23:38 > 0:23:40and two people just went, "Can I get one?"
0:23:40 > 0:23:44We're in our last five minutes. We really need some customers.
0:23:44 > 0:23:47- Would you mind buying some?- Just £1.
0:23:47 > 0:23:50Those are £1. Those are £2.50.
0:23:50 > 0:23:52Really good quality.
0:23:52 > 0:23:55- It's all jelly beans. - You guys are cool.
0:23:56 > 0:23:58Only £6.
0:23:58 > 0:24:01Because I've seem you, I'm doing it for £6.
0:24:01 > 0:24:07No way! Is that what I think it is? Francesco's sold the teapot,
0:24:07 > 0:24:09just in time.
0:24:09 > 0:24:11Bye!
0:24:14 > 0:24:19Stop selling! Your time is over. Can I please have your cash box?
0:24:19 > 0:24:23New Minds, stop selling. Can I have your cash box?
0:24:25 > 0:24:29'Their selling time is over, but who's taken the most money?'
0:24:32 > 0:24:35The winners today could get through to the big New York final,
0:24:35 > 0:24:38where they'll compete against another team to be named
0:24:38 > 0:24:40Britain's best young traders.
0:24:40 > 0:24:43Well, teams, you've had a very busy day selling.
0:24:43 > 0:24:46I've brought you somewhere a little bit quieter
0:24:46 > 0:24:48so we can find out which team has taken the most money.
0:24:48 > 0:24:50But first, what were your highs and lows?
0:24:50 > 0:24:53- Michael?- I think we done really well on the selling.
0:24:53 > 0:24:56Even though we've got products left, we got some good prices,
0:24:56 > 0:24:57so hopefully it's enough.
0:24:57 > 0:25:01OK, and girls, what did you learn about the experience?
0:25:01 > 0:25:04It was definitely a great experience. It was much funner than we thought.
0:25:04 > 0:25:07I think we learned quite a bit about business,
0:25:07 > 0:25:09and also about just being out there,
0:25:09 > 0:25:11being really outgoing and getting in there.
0:25:11 > 0:25:13I don't think I've ever been that loud before.
0:25:13 > 0:25:17I was like screaming my head off asking people to come in.
0:25:17 > 0:25:18It did work most of the time.
0:25:18 > 0:25:24It's time to reveal the team with the most takings.
0:25:24 > 0:25:27New Minds, you took...
0:25:30 > 0:25:33..£129.47.
0:25:35 > 0:25:38Aspire...
0:25:40 > 0:25:42..you took...
0:25:48 > 0:25:53- ..£151.65! - THEY CHEER
0:25:53 > 0:25:55You're kidding me, seriously?
0:25:58 > 0:26:03'I'm feeling great. I honestly thought we were losing.'
0:26:03 > 0:26:06I actually didn't think we'd win. I'm really shocked.
0:26:06 > 0:26:07OK, happy, but more shocked.
0:26:07 > 0:26:10It was a shame for the girls, but I'm chuffed, I really am.
0:26:10 > 0:26:14Hopefully we'll get into the top four teams with the most money
0:26:14 > 0:26:15so we can get into the semifinal.
0:26:15 > 0:26:18I really, really want to get into the semifinal.
0:26:18 > 0:26:22I think you still need to be smiling because it was a good result.
0:26:22 > 0:26:25Yeah, we're happy. We're fine.
0:26:25 > 0:26:27Well done.
0:26:27 > 0:26:29High five, everybody!
0:26:29 > 0:26:31Well done! Congratulations.
0:26:31 > 0:26:33You should be celebrating.
0:26:33 > 0:26:34- Thank you.- Wahey!
0:26:35 > 0:26:43So Aspire win, taking £151.65, a £76.75 profit.
0:26:45 > 0:26:47So let's look at the leaderboard.
0:26:47 > 0:26:50Aspire go into second place, behind Prosperity,
0:26:50 > 0:26:52but ahead of Sapphire and Impulse.
0:26:56 > 0:26:58Only the four winning teams who take the most money
0:26:58 > 0:27:00get through to the semifinals.
0:27:02 > 0:27:07The two best will go on to compete in the grand New York final.
0:27:07 > 0:27:13But only one team will be named Britain's best young traders.
0:27:13 > 0:27:18Next time on Trade Your Way To The USA, our two teams are buying toys.
0:27:18 > 0:27:21They'll have to spot the bargains at a boot sale...
0:27:21 > 0:27:23Can you do three for £2?
0:27:23 > 0:27:25Oh, please.
0:27:25 > 0:27:29..before selling them at a busy seaside resort.
0:27:29 > 0:27:31Everything 10p!
0:27:31 > 0:27:33Thank you.
0:27:43 > 0:27:46Subtitles by Red Bee Media Ltd
0:27:46 > 0:27:49E-mail subtitling@bbc.co.uk