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CBBC is once again on the hunt to find Britain's best young traders. | 0:00:02 | 0:00:05 | |
We've scoured the country | 0:00:05 | 0:00:06 | |
to find the next generation of budding entrepreneurs. | 0:00:06 | 0:00:09 | |
They need to know how to buy, how to sell, and how to close that deal. | 0:00:09 | 0:00:15 | |
Everything must go! | 0:00:15 | 0:00:16 | |
From more than 1,500 applicants, | 0:00:18 | 0:00:21 | |
just 14 teams have made it through to the heats. | 0:00:21 | 0:00:24 | |
Now the battle begins in Trade Your Way To The USA. | 0:00:26 | 0:00:29 | |
They'll each be given £75 cash and a tough trading challenge. | 0:00:31 | 0:00:36 | |
They must decide what to buy... | 0:00:39 | 0:00:40 | |
-Which trick draws the biggest crowd? -This one. | 0:00:40 | 0:00:45 | |
..negotiate the lowest price... | 0:00:45 | 0:00:47 | |
-What would you say at 20p a nose? -I'd say absolutely no. | 0:00:47 | 0:00:51 | |
..and then sell, sell, sell. | 0:00:51 | 0:00:54 | |
Come on, boys. | 0:00:54 | 0:00:55 | |
Two pounds, two pounds for these. | 0:00:55 | 0:00:58 | |
-Roll up! -ALL SHOUT AT ONCE | 0:00:58 | 0:01:00 | |
The team that makes the most money wins the challenge... | 0:01:00 | 0:01:03 | |
60, 70. £70. | 0:01:03 | 0:01:06 | |
..and a place on our all-important leaderboard. | 0:01:06 | 0:01:10 | |
Only the top four teams go through to the semi-finals | 0:01:10 | 0:01:14 | |
and only one of them will be crowned Britain's best young trader... | 0:01:14 | 0:01:18 | |
..in Trade Your Way To The USA. | 0:01:19 | 0:01:21 | |
Please buy! | 0:01:21 | 0:01:23 | |
Trade Your Way To The USA is back and it's tougher than ever. | 0:01:32 | 0:01:35 | |
Today, some of Britain's best young traders will be tested to the max. | 0:01:35 | 0:01:40 | |
Let's meet the two teams who have dared take our challenge. | 0:01:40 | 0:01:43 | |
It's Team Synergy versus Triple Traders. | 0:01:45 | 0:01:48 | |
ALL: We are Triple Traders | 0:01:49 | 0:01:51 | |
and we're going to trade our way to the USA. | 0:01:51 | 0:01:54 | |
Yeah! | 0:01:54 | 0:01:56 | |
They're from Lancashire. | 0:02:02 | 0:02:04 | |
And these best mates mean business. | 0:02:04 | 0:02:06 | |
ALL: We're called the Triple Traders because... | 0:02:06 | 0:02:08 | |
-We're three terrific traders... -Which makes us a terrific team. | 0:02:08 | 0:02:11 | |
The competition better watch out. | 0:02:11 | 0:02:13 | |
Georgie has a crafty way to turn no-cost garments | 0:02:13 | 0:02:16 | |
into a pretty profit. | 0:02:16 | 0:02:19 | |
I'm an expert at turning clothes like this into cash like this. | 0:02:21 | 0:02:26 | |
I've made £150 by selling them on the internet. | 0:02:26 | 0:02:30 | |
Quasim busts a gut to raise cash for charity. | 0:02:30 | 0:02:34 | |
I once did a sponsored run and I raised 140 quid. That's commitment. | 0:02:34 | 0:02:39 | |
And Helena is already learning the family business. | 0:02:39 | 0:02:43 | |
I earn my pocket money by helping my dad out at his vet's. | 0:02:43 | 0:02:45 | |
I'm learning and I'm earning. | 0:02:45 | 0:02:47 | |
-We're cheerful! -We're charming! -And we'll take on any challenge... | 0:02:47 | 0:02:52 | |
ALL: Which makes us champions! | 0:02:52 | 0:02:55 | |
ALL: Hi, we're Team Synergy and we're going to trade our way to the USA. | 0:02:58 | 0:03:02 | |
This group of grafters from Devon are... | 0:03:02 | 0:03:05 | |
Musical maestro Will is a self-styled sales supremo. | 0:03:11 | 0:03:16 | |
Music's like business. You have to be in tune with what people want. | 0:03:16 | 0:03:19 | |
When it comes to the competition, I'll be hitting all the right notes. | 0:03:20 | 0:03:24 | |
Jeweller Dylan is the team's creative chief. | 0:03:24 | 0:03:28 | |
I can turn this into this | 0:03:28 | 0:03:31 | |
and then sell it for this. | 0:03:31 | 0:03:33 | |
And Matt's the team leader and motivator. | 0:03:33 | 0:03:37 | |
During the competition, I'll ensure we're quick on our feet. | 0:03:37 | 0:03:40 | |
I know when to smash the opposition. | 0:03:41 | 0:03:43 | |
ALL: We're Team Synergy and we're going to trade our way to the USA. | 0:03:43 | 0:03:47 | |
So it's Team Synergy versus Triple Traders. | 0:03:52 | 0:03:57 | |
But only the team that makes the most money can win the challenge | 0:03:57 | 0:04:00 | |
and only they have the chance of trading their way to the USA. | 0:04:00 | 0:04:04 | |
Today's teams have arrived in the Derbyshire countryside | 0:04:08 | 0:04:11 | |
with no idea of what their trading challenge will be. | 0:04:11 | 0:04:15 | |
But they know they must win if they want to get to the USA. | 0:04:15 | 0:04:19 | |
Welcome to Alton Towers. | 0:04:28 | 0:04:30 | |
Tomorrow, a thousand visitors are expected for a Caribbean carnival. | 0:04:30 | 0:04:35 | |
Your challenge is to create and sell fruit smoothies. | 0:04:35 | 0:04:39 | |
-ALL: Yeah! -Wow. | 0:04:39 | 0:04:42 | |
You'll get to choose which fruits to buy, what the mixer will be, | 0:04:42 | 0:04:45 | |
negotiate the lowest prices and then sell, sell, sell. | 0:04:45 | 0:04:49 | |
It's simple. The team that makes the most money wins the challenge. | 0:04:51 | 0:04:56 | |
Here are your trading funds. | 0:04:56 | 0:04:59 | |
Team Synergy, Triple Traders, | 0:05:01 | 0:05:05 | |
I've given you each £75 to trade with. Are you ready? | 0:05:05 | 0:05:09 | |
ALL: Yes! | 0:05:09 | 0:05:10 | |
Let's get buying. | 0:05:10 | 0:05:12 | |
The competition is on. The teams have £75 each. | 0:05:15 | 0:05:20 | |
Now they must become smoothie experts | 0:05:20 | 0:05:23 | |
so they can buy the right products | 0:05:23 | 0:05:25 | |
and stand a chance of trading their way to the USA. | 0:05:25 | 0:05:27 | |
The first rule of buying | 0:05:28 | 0:05:30 | |
is to really understand the product that you're selling. | 0:05:30 | 0:05:33 | |
I've brought you here to meet Jonathan. | 0:05:33 | 0:05:35 | |
If there's one person who knows | 0:05:35 | 0:05:37 | |
how to turn a simple smoothie into a fruitful business, it's him. | 0:05:37 | 0:05:42 | |
He's got all the answers, but you have to ask the right questions. | 0:05:42 | 0:05:47 | |
And that could be the key | 0:05:47 | 0:05:48 | |
between you winning or losing this challenge. | 0:05:48 | 0:05:50 | |
-Is that understood? -ALL: Yes. | 0:05:50 | 0:05:52 | |
Here are your books. Are you ready? | 0:05:52 | 0:05:55 | |
ALL: Yes! | 0:05:55 | 0:05:57 | |
Let's go. | 0:05:57 | 0:05:58 | |
Jonathan is a smoothie expert. | 0:05:58 | 0:06:00 | |
He's been selling them for over 13 years | 0:06:00 | 0:06:02 | |
and his business makes hundreds of thousands of pounds each year. | 0:06:02 | 0:06:06 | |
The teams have just 15 minutes to find out all they can from him. | 0:06:06 | 0:06:10 | |
Every question counts. | 0:06:10 | 0:06:12 | |
Right, guys, question time. | 0:06:12 | 0:06:15 | |
What smoothies have a really nice aroma? | 0:06:15 | 0:06:18 | |
Smoothies tend not to really have a huge aroma. | 0:06:18 | 0:06:21 | |
Aroma? It's not the first question I was expecting. | 0:06:22 | 0:06:25 | |
I hope it gets better from here. | 0:06:25 | 0:06:27 | |
What would be the retail price of one of the smoothies? | 0:06:27 | 0:06:31 | |
You would look at around about £3 for a smoothie this size. | 0:06:31 | 0:06:35 | |
That's more like it, Quasim, ask about the retail price. | 0:06:35 | 0:06:39 | |
Now they know how much to sell a smoothie for. | 0:06:39 | 0:06:41 | |
Which one's your best seller? | 0:06:41 | 0:06:42 | |
I would say you really need to think about two things - | 0:06:42 | 0:06:45 | |
having a berry-based smoothie, cos that's always very popular. | 0:06:45 | 0:06:49 | |
And the other thing you need is a tropical type of smoothie, | 0:06:49 | 0:06:52 | |
something probably mango/pineapple-based. | 0:06:52 | 0:06:55 | |
Do you have any issues with allergies? | 0:06:55 | 0:06:57 | |
To make a smoothie, you need half a portion of frozen yoghurt. | 0:06:57 | 0:07:01 | |
You do get people who need dairy-free, | 0:07:01 | 0:07:03 | |
so sometimes, putting yoghurt in your smoothie can be an issue, | 0:07:03 | 0:07:06 | |
so you can leave the yoghurt out and put some ice in. | 0:07:06 | 0:07:09 | |
How much fruit could you buy for £75? | 0:07:09 | 0:07:12 | |
That really depends on what fruits you select cos | 0:07:12 | 0:07:14 | |
they all are different prices. | 0:07:14 | 0:07:16 | |
If you want to know the price, just ask. | 0:07:16 | 0:07:18 | |
Would you advise testers? | 0:07:18 | 0:07:21 | |
Absolutely. | 0:07:21 | 0:07:22 | |
Jonathan has just said, "You can ask me the price of anything." | 0:07:22 | 0:07:26 | |
And no-one has taken him up on that. | 0:07:26 | 0:07:28 | |
The teams won't be able to bargain for any products | 0:07:28 | 0:07:30 | |
if they haven't got any prices. | 0:07:30 | 0:07:33 | |
Time for a word of advice. | 0:07:33 | 0:07:34 | |
Can I just point out that Jonathan has just said | 0:07:34 | 0:07:37 | |
if you need to know prices, you need to ask him. | 0:07:37 | 0:07:40 | |
Erm, how much is all the fruit? | 0:07:41 | 0:07:42 | |
'That's more like it.' | 0:07:42 | 0:07:44 | |
OK, I'll go through. This is per kilo. | 0:07:44 | 0:07:46 | |
Banana - £3.10. | 0:07:46 | 0:07:48 | |
Blueberries - £8.20. | 0:07:48 | 0:07:51 | |
Blackberries - £3.60. | 0:07:51 | 0:07:53 | |
They've got the cost of the fruit, well done. | 0:07:53 | 0:07:55 | |
But what about the juice, the yoghurt, the cups and the straws? | 0:07:55 | 0:07:59 | |
Good luck in your negotiations. | 0:07:59 | 0:08:01 | |
Melon - £3.60. | 0:08:01 | 0:08:04 | |
OK, teams, your time for questioning is up. | 0:08:04 | 0:08:07 | |
-Are you confident you asked the right questions? -Yes. | 0:08:07 | 0:08:09 | |
Now you've got to decide how to spend your £75. Let's go. | 0:08:09 | 0:08:14 | |
Right, this is all we've got. What will we spend our money on? | 0:08:18 | 0:08:20 | |
It is a Caribbean... | 0:08:20 | 0:08:22 | |
-Exotic fruit. -So we need the pineapple and the melon and the... | 0:08:22 | 0:08:25 | |
Mango. | 0:08:25 | 0:08:26 | |
If I was doing this task, the first thing | 0:08:26 | 0:08:29 | |
I would do is calculate how many smoothies I could sell in two hours. | 0:08:29 | 0:08:34 | |
I've worked out, at a push, I could sell about 100. | 0:08:34 | 0:08:38 | |
The key to winning this task is to know your basic maths. | 0:08:38 | 0:08:41 | |
To make 100 smoothies, what you'll need is ten kilos of fruit, | 0:08:41 | 0:08:47 | |
50 bars of yoghurt, | 0:08:47 | 0:08:49 | |
and 20 litres of juice. | 0:08:49 | 0:08:51 | |
So what is Team Synergy's strategy? | 0:08:51 | 0:08:55 | |
I think we better have different names of them, like just a Classic - strawberry and banana... | 0:08:55 | 0:08:59 | |
OK, guys. | 0:08:59 | 0:09:01 | |
So, Will, in terms of recipes, what ideas have you got? | 0:09:01 | 0:09:03 | |
-Cos it's a Caribbean theme we've got the Reggae Special. -Hmm. | 0:09:03 | 0:09:07 | |
..Which would be pineapple, mango, banana. | 0:09:07 | 0:09:09 | |
Tell me what you're going to buy. | 0:09:09 | 0:09:11 | |
We were thinking six kilograms of banana. | 0:09:11 | 0:09:14 | |
five kilograms of strawberries, | 0:09:14 | 0:09:16 | |
three kilograms of blueberries, | 0:09:16 | 0:09:17 | |
five kilograms of mango, | 0:09:17 | 0:09:19 | |
three kilograms of raspberries. | 0:09:19 | 0:09:22 | |
'That's enough fruit for around 300 smoothies.' | 0:09:22 | 0:09:26 | |
Yeah, I don't know about that - maybe size it down. | 0:09:26 | 0:09:29 | |
I think you really need to think about quantities. | 0:09:29 | 0:09:31 | |
You're going to go to the negotiation, what's your strategy? | 0:09:31 | 0:09:35 | |
Start really low down, work up but don't go straight up to half, | 0:09:35 | 0:09:39 | |
just go really slowly and try and get as much of everything as we can. | 0:09:39 | 0:09:45 | |
Well, good luck and I'll see you later. | 0:09:45 | 0:09:47 | |
Thanks. | 0:09:47 | 0:09:49 | |
Yeah, we'll need to get rid of fruit and add it up. | 0:09:49 | 0:09:51 | |
Schoolboy error, that was, from us. | 0:09:51 | 0:09:54 | |
So how are Triple Traders doing? | 0:09:54 | 0:09:56 | |
Shall we do that mix and match where they get to choose their own fruit? | 0:09:56 | 0:09:59 | |
Cos that would be quite a good idea. | 0:09:59 | 0:10:01 | |
Yes! How could it be called...? | 0:10:01 | 0:10:03 | |
Create Your Own Fruity Fiesta. | 0:10:03 | 0:10:06 | |
OK, right. | 0:10:06 | 0:10:07 | |
Tell me about your strategy for this smoothie challenge. | 0:10:07 | 0:10:10 | |
Well, what we're going to do is have all the flavours that we've got | 0:10:10 | 0:10:13 | |
on show and then they're going to pick their own flavours | 0:10:13 | 0:10:17 | |
and we'll make the smoothie for them. | 0:10:17 | 0:10:18 | |
You've got your negotiation, are you confident about going into this? | 0:10:18 | 0:10:24 | |
I think we're confident with the quantities but it's just a bit... | 0:10:24 | 0:10:27 | |
Of the prices, what price we're going to...how much we're going | 0:10:27 | 0:10:33 | |
-to knock off... -When we're haggling. | 0:10:33 | 0:10:36 | |
'Negotiating is tough. | 0:10:36 | 0:10:37 | |
'They need to be confident in asking for discounts | 0:10:37 | 0:10:40 | |
'and hold their nerve.' | 0:10:40 | 0:10:42 | |
-Good luck. -Thank you! | 0:10:42 | 0:10:43 | |
Team Synergy reckon that their Reggae and Rasta Specials | 0:10:47 | 0:10:51 | |
will help them bring in the cash at the Caribbean Carnival. | 0:10:51 | 0:10:54 | |
Triple Traders believe that by allowing the customers | 0:10:54 | 0:10:58 | |
to create their own smoothies, that will make them the most money. | 0:10:58 | 0:11:01 | |
But that's if they can negotiate the lowest prices | 0:11:01 | 0:11:04 | |
for their preferred fruits and juices. | 0:11:04 | 0:11:06 | |
With their smoothie ingredients selected, it's time to negotiate. | 0:11:10 | 0:11:14 | |
First, Team Synergy. | 0:11:14 | 0:11:17 | |
Let's hope they've worked out how much fruit | 0:11:17 | 0:11:19 | |
they need to make the most of their £75 trading fund. | 0:11:19 | 0:11:23 | |
OK, first of all, we'd like to buy some cups. | 0:11:25 | 0:11:29 | |
We'd like to buy 100 cups. | 0:11:29 | 0:11:30 | |
'Brilliant - buying 100 cups means they hope to sell 100 smoothies. | 0:11:30 | 0:11:34 | |
-'They've done their maths.' -OK, 100 cups. | 0:11:34 | 0:11:37 | |
-How much would that be? -£5.88. | 0:11:37 | 0:11:39 | |
How about...do you think you could do it for a quid? | 0:11:39 | 0:11:43 | |
A quid? | 0:11:47 | 0:11:48 | |
£1. | 0:11:49 | 0:11:51 | |
-£1, ha! You think that I should sell you these cups for £1? -Yeah. | 0:11:51 | 0:11:56 | |
It's greater to go in with a low offer | 0:11:56 | 0:11:59 | |
but every negotiation has to be a win-win situation. | 0:11:59 | 0:12:03 | |
Asking for 80% off, well, I'm not surprised Jonathan's taken aback. | 0:12:03 | 0:12:07 | |
OK, £2? | 0:12:08 | 0:12:11 | |
HE LAUGHS Is this an auction? I can do them for £5. | 0:12:11 | 0:12:14 | |
How about £4? | 0:12:16 | 0:12:18 | |
£4 for 100 cups? | 0:12:18 | 0:12:21 | |
Yep. | 0:12:21 | 0:12:23 | |
-£4.50. -Yeah, sold. -Yep, done. -£4.50. | 0:12:23 | 0:12:27 | |
OK, now on to our yoghurt. | 0:12:27 | 0:12:30 | |
How much is one yoghurt, frozen yoghurt bar? | 0:12:30 | 0:12:33 | |
One bar? 55p. | 0:12:33 | 0:12:35 | |
Do you think you could do 50 bars for £15? | 0:12:35 | 0:12:38 | |
I can do it for £19. | 0:12:38 | 0:12:41 | |
19, sounds perfect. | 0:12:41 | 0:12:42 | |
They've just negotiated 50 bars of yoghurt from £27.50 to £19. | 0:12:42 | 0:12:48 | |
That is fantastic negotiation. | 0:12:48 | 0:12:52 | |
OK, so we're £41 into our budget. | 0:12:52 | 0:12:55 | |
This is what I like to see, | 0:12:55 | 0:12:57 | |
tallying up your totals as you go along. | 0:12:57 | 0:12:59 | |
Great planning, well done. | 0:12:59 | 0:13:01 | |
-We're doing fruit now. -Fruit. | 0:13:01 | 0:13:04 | |
Yep, and we would want two kilograms of strawberries. | 0:13:04 | 0:13:07 | |
The price I have here is £7.54. | 0:13:07 | 0:13:10 | |
Do you think you could shave £2 off that, make it £5? | 0:13:10 | 0:13:13 | |
-£5.54, is that all right? -Yeah. -Yep. | 0:13:13 | 0:13:16 | |
-Two kilograms of banana. -£6.25. | 0:13:16 | 0:13:20 | |
Or £4, go on. | 0:13:20 | 0:13:22 | |
I can do it for £4.75. | 0:13:24 | 0:13:26 | |
-Yeah. -Go on then, that's fine. | 0:13:26 | 0:13:29 | |
'Along with pineapple, mango, raspberries, blackberries, | 0:13:29 | 0:13:33 | |
'melon and apple juice, their money is almost spent.' | 0:13:33 | 0:13:37 | |
Maybe we should get little tester cups. | 0:13:37 | 0:13:38 | |
Taster cups, I think they'll come in very handy. | 0:13:38 | 0:13:41 | |
-£2? -No problem. -Yeah. -Thank you. | 0:13:41 | 0:13:44 | |
-12p. -Anything we can get for 12p? | 0:13:46 | 0:13:49 | |
You can get a smile. | 0:13:49 | 0:13:51 | |
We'll give it to you for that. | 0:13:51 | 0:13:53 | |
Team Synergy were cool, calm and collected | 0:13:55 | 0:13:57 | |
and they negotiated brilliantly. | 0:13:57 | 0:14:00 | |
With their £75, | 0:14:00 | 0:14:01 | |
Triple Traders need to drive a hard bargain to stay in the game. | 0:14:01 | 0:14:06 | |
So we'll start off with the banana. | 0:14:06 | 0:14:08 | |
We would like four kilograms of that. | 0:14:08 | 0:14:11 | |
4 kilos of banana is £12.50. | 0:14:11 | 0:14:15 | |
We were hoping to get that for £10. | 0:14:15 | 0:14:19 | |
I'm happy to do you £10 for four kilos of bananas. | 0:14:19 | 0:14:23 | |
That's £2.50 per kilo of banana that the boys just bought at £1.65. | 0:14:24 | 0:14:31 | |
The mango, we would like three kilograms of that for £10. | 0:14:31 | 0:14:38 | |
-Normally that would be £11.16, and you want it for £10? -Yes. -No problem. | 0:14:38 | 0:14:44 | |
OK, pineapple. We would like two kilograms of that for £6.50. | 0:14:44 | 0:14:49 | |
It's normally £7.54 and you want it for £6.50. | 0:14:52 | 0:14:56 | |
Take £1 off, yep, I can do that. | 0:14:56 | 0:14:59 | |
Thank you. | 0:14:59 | 0:15:01 | |
You know, they're not negotiating hard enough, | 0:15:01 | 0:15:04 | |
they're only negotiating 10%, it's not enough. | 0:15:04 | 0:15:08 | |
The problem is they've spent over half their money on fruit, | 0:15:08 | 0:15:11 | |
which leaves just over £30 for juice, ice, cups, lids, straws | 0:15:11 | 0:15:17 | |
and all that yoghurt. | 0:15:17 | 0:15:19 | |
-Can we have 100 of the yoghurts, please? -£55. | 0:15:19 | 0:15:23 | |
I don't think we should get any yoghurt cos it's really expensive. | 0:15:23 | 0:15:27 | |
-Neither do I. -OK, so no yoghurt... | 0:15:27 | 0:15:30 | |
And we can just add ice and fruit. | 0:15:30 | 0:15:33 | |
Their strategy is falling apart. | 0:15:33 | 0:15:35 | |
They haven't even negotiated and now they're just going to buy ice. | 0:15:35 | 0:15:39 | |
Should we just get 100 cups and 100 lids at the moment? | 0:15:39 | 0:15:43 | |
Yeah, well how much...OK, let's just get 100 cups and 100 lids. | 0:15:43 | 0:15:47 | |
-£3.60 for the lids and £5.80 for the cups. -Yeah. | 0:15:47 | 0:15:51 | |
They've taken Jonathan's first price and haven't negotiated at all. | 0:15:51 | 0:15:55 | |
Could we please buy some juice? | 0:15:55 | 0:15:57 | |
For £15. | 0:15:57 | 0:16:00 | |
You would be able to do it for £18. | 0:16:00 | 0:16:02 | |
Would you do £17.50? | 0:16:02 | 0:16:04 | |
-£17.50, done. -OK. | 0:16:04 | 0:16:08 | |
Guys, thanks very much. | 0:16:08 | 0:16:09 | |
Although Triple Traders bought the right amount of fruit, | 0:16:15 | 0:16:17 | |
they paid too much. | 0:16:17 | 0:16:19 | |
That meant they couldn't afford taster cups or yoghurt, | 0:16:19 | 0:16:22 | |
so are going for ice-based smoothies instead. | 0:16:22 | 0:16:25 | |
I hope they don't end up regretting it. | 0:16:25 | 0:16:28 | |
Team Synergy negotiated hard and got a good price on their fruit so they | 0:16:28 | 0:16:32 | |
could afford all the other items including the all-important yoghurt. | 0:16:32 | 0:16:36 | |
So it's Triple Traders with their ice-based smoothies versus | 0:16:36 | 0:16:40 | |
Team Synergy with their yoghurt-based ones. | 0:16:40 | 0:16:43 | |
Now it's all about tomorrow | 0:16:43 | 0:16:44 | |
and who can sell the most at the Caribbean Carnival. | 0:16:44 | 0:16:47 | |
Today the competition steps up a gear as Triple Traders go | 0:16:52 | 0:16:56 | |
head-to-head with Team Synergy. Both are desperate to win | 0:16:56 | 0:17:00 | |
and get one step closer to our USA grand final. | 0:17:00 | 0:17:04 | |
Only the team that makes the most money will be in with | 0:17:04 | 0:17:07 | |
a chance of being crowned Britain's Best Young Traders. | 0:17:07 | 0:17:10 | |
Good morning, Team Synergy! | 0:17:15 | 0:17:17 | |
Good morning, Triple Traders. | 0:17:18 | 0:17:21 | |
Very shortly the Caribbean Carnival will kick off. | 0:17:21 | 0:17:25 | |
You've got two hours to sell fruit smoothies. | 0:17:25 | 0:17:28 | |
Remember, the team that makes the most money wins the challenge | 0:17:28 | 0:17:32 | |
and only they stand the chance of trading their way to the USA. | 0:17:32 | 0:17:35 | |
2,000 Caribbean Carnival-goers are arriving. | 0:17:35 | 0:17:38 | |
All of them potential customers. | 0:17:38 | 0:17:41 | |
It's time for the battle of the smoothie sellers to begin. | 0:17:41 | 0:17:46 | |
-Teams, are you ready? -YES! | 0:17:46 | 0:17:49 | |
3, 2, 1, start trading! | 0:17:49 | 0:17:51 | |
Are you ready? | 0:17:54 | 0:17:56 | |
What do you think? I'm proud. | 0:17:57 | 0:17:59 | |
Yes. OK. | 0:17:59 | 0:18:01 | |
'Triple Traders have a smoothie-selling strategy | 0:18:01 | 0:18:03 | |
'they think will bag them the win today.' | 0:18:03 | 0:18:06 | |
I think the secret to our success is going to be the fact | 0:18:06 | 0:18:09 | |
they can choose their own flavours. | 0:18:09 | 0:18:10 | |
It makes it more personal for them. | 0:18:10 | 0:18:12 | |
'With six different types of fruit on offer, | 0:18:12 | 0:18:15 | |
'let's see if team manager Helena has worked out their prices.' | 0:18:15 | 0:18:19 | |
So, Triple Traders, what is your pricing strategy, Helena? | 0:18:19 | 0:18:24 | |
We're going to sell each cup for £2.90. | 0:18:24 | 0:18:27 | |
And then we might lower it or higher it, | 0:18:27 | 0:18:29 | |
depending on how well we're doing throughout the time. | 0:18:29 | 0:18:32 | |
-So £2.90 for one cup. -Yes. | 0:18:32 | 0:18:35 | |
-I'll see you later. -OK, brill. | 0:18:35 | 0:18:37 | |
So Triple Traders have a clear plan, but what about Team Synergy? | 0:18:37 | 0:18:41 | |
We've got the Rasta, which is raspberry, melon and banana. | 0:18:41 | 0:18:45 | |
The Sunset, as it's a very sunny part of the world, | 0:18:45 | 0:18:47 | |
which is melon, strawberry and banana. | 0:18:47 | 0:18:49 | |
And the price? | 0:18:49 | 0:18:51 | |
Each smoothie is £3.50. | 0:18:51 | 0:18:53 | |
Triple Traders, who don't have yoghurt in their smoothie, | 0:18:53 | 0:18:56 | |
are charging £2.90, | 0:18:56 | 0:18:58 | |
whereas the boys are charging £3.50. | 0:18:58 | 0:19:01 | |
Yes, please, can I help you? | 0:19:01 | 0:19:02 | |
-I'll have the Rasta one. -There's your smoothie. | 0:19:02 | 0:19:04 | |
Thank you! | 0:19:04 | 0:19:06 | |
The Sunset, yes, you can. | 0:19:06 | 0:19:07 | |
We've made about ten sales and we've been going for about 15 minutes. | 0:19:07 | 0:19:11 | |
A customer said that they're doing pick and mix over there | 0:19:11 | 0:19:13 | |
and they're not going so fast, cos people have to pick, | 0:19:13 | 0:19:16 | |
so I think we made a good decision doing recipes. | 0:19:16 | 0:19:19 | |
But Triple Traders' lower prices are drawing the crowds. | 0:19:20 | 0:19:23 | |
-And you want? -Banana for myself, please. | 0:19:23 | 0:19:26 | |
Anybody else like to order anything? | 0:19:26 | 0:19:29 | |
Can I have banana and mango, please? | 0:19:29 | 0:19:31 | |
With a queue forming, the team are feeling the pressure. | 0:19:31 | 0:19:34 | |
Which one's this? | 0:19:34 | 0:19:35 | |
I think it's two of those, raspberry and blackberry as well. | 0:19:35 | 0:19:38 | |
Do we have two? Yes. | 0:19:38 | 0:19:39 | |
All three Triple Traders are in a flap. | 0:19:39 | 0:19:42 | |
What am I doing? | 0:19:42 | 0:19:44 | |
It's really, really stressful! | 0:19:44 | 0:19:46 | |
You never knew it'd be so stressful just making smoothies, but it is. | 0:19:46 | 0:19:49 | |
So many people, so many orders. | 0:19:49 | 0:19:52 | |
My top tip for winning this task is really to keep calm under pressure. | 0:19:52 | 0:19:57 | |
It's quite daunting when a lot of customers come up at once | 0:19:57 | 0:20:00 | |
and want serving, but you've got to keep your cool. | 0:20:00 | 0:20:03 | |
'In business, the most important thing | 0:20:03 | 0:20:05 | |
'is to be professional in front of your customers, | 0:20:05 | 0:20:07 | |
'even when you're feeling the pressure.' | 0:20:07 | 0:20:09 | |
£8... | 0:20:09 | 0:20:12 | |
-No! -£2.80. | 0:20:12 | 0:20:14 | |
£6! | 0:20:14 | 0:20:16 | |
Oh, my gosh! | 0:20:16 | 0:20:19 | |
-Sorry, it is £2.90... -£8.70. | 0:20:19 | 0:20:23 | |
-Times three. -£8.70, please. | 0:20:23 | 0:20:26 | |
-Is that right? -Yes, it is. | 0:20:26 | 0:20:28 | |
Thank you! | 0:20:28 | 0:20:30 | |
'One hour left. Triple Traders are doing well with their lower prices. | 0:20:30 | 0:20:33 | |
'Ten metres away, sales seem to have dried up, | 0:20:33 | 0:20:36 | |
'but Matt has a new strategy to get those customers.' | 0:20:36 | 0:20:40 | |
I'm making some little testers, and I'll go over there to entice them | 0:20:43 | 0:20:46 | |
from that stall over to our stall. | 0:20:46 | 0:20:48 | |
So that they come and get a taste of our delicious smoothies. | 0:20:48 | 0:20:51 | |
So now they'll want to come over here and get a big one. | 0:20:51 | 0:20:54 | |
Anyone for a little taste of our Sunset Smoothie? | 0:20:54 | 0:20:57 | |
Would you like a free taster of our Sunset Smoothie? | 0:20:57 | 0:21:00 | |
If you like it, there's a big tent there you can buy a full-sized one. | 0:21:00 | 0:21:03 | |
-Thank you very much. -Thank you. -Cheers, thanks. | 0:21:03 | 0:21:05 | |
'Before long, it's paying off, so how are Triple Traders doing?' | 0:21:05 | 0:21:09 | |
Guys, how's it going? | 0:21:10 | 0:21:12 | |
I think it was going well when we first started out. | 0:21:12 | 0:21:15 | |
But there's people coming in, | 0:21:15 | 0:21:19 | |
so I think we'll get more. | 0:21:19 | 0:21:21 | |
The best smoothies in England! | 0:21:21 | 0:21:23 | |
Come and get them. Come on down! | 0:21:23 | 0:21:26 | |
They're healthy, and everything. | 0:21:26 | 0:21:28 | |
Quasim, it's great that you're shouting, | 0:21:28 | 0:21:30 | |
but sometimes that could put customers off. | 0:21:30 | 0:21:32 | |
My tip is, if the customers don't come to you, | 0:21:32 | 0:21:34 | |
take your product to the customers. | 0:21:34 | 0:21:36 | |
'No sooner said than done, Helena organises a new plan of attack. | 0:21:36 | 0:21:41 | |
'She's sending Quasim out to tempt customers | 0:21:41 | 0:21:44 | |
'with pre-made smoothies. Great idea.' | 0:21:44 | 0:21:47 | |
Hopefully, it'll get us a few more customers. | 0:21:47 | 0:21:49 | |
Or at least sell one more smoothie. | 0:21:49 | 0:21:52 | |
Every little, tiny smoothie makes a difference. | 0:21:52 | 0:21:54 | |
Every pound counts. | 0:21:54 | 0:21:56 | |
'I couldn't have put it better myself.' | 0:21:56 | 0:21:59 | |
The great thing about business | 0:21:59 | 0:22:00 | |
is you don't have to stick with one strategy. | 0:22:00 | 0:22:03 | |
If it's not working, try something new. | 0:22:03 | 0:22:05 | |
And that's exactly what Triple Traders are doing. | 0:22:05 | 0:22:08 | |
Hey, everybody! | 0:22:08 | 0:22:10 | |
Come and get smoothies! | 0:22:10 | 0:22:14 | |
£2.90 for smoothies. | 0:22:14 | 0:22:15 | |
Two of your five-a-day. | 0:22:15 | 0:22:17 | |
All right! | 0:22:17 | 0:22:18 | |
'Pointing out what's special about your product | 0:22:18 | 0:22:20 | |
'is a brilliant business strategy. | 0:22:20 | 0:22:22 | |
'Well done, Quasim.' | 0:22:22 | 0:22:24 | |
The yellow one or the red one? | 0:22:24 | 0:22:26 | |
Which one? The red one. | 0:22:26 | 0:22:29 | |
£2.40, please. | 0:22:29 | 0:22:30 | |
Triple Traders' changing tactic is working. | 0:22:30 | 0:22:34 | |
'30 minutes to go, | 0:22:35 | 0:22:36 | |
'and at Team Synergy's stall, | 0:22:36 | 0:22:39 | |
'Dylan's clocked on to a key bit of information to get them more sales. | 0:22:39 | 0:22:42 | |
'Yoghurt.' | 0:22:42 | 0:22:43 | |
I've heard from a couple of people, their smoothies are very watery. | 0:22:43 | 0:22:46 | |
Looking over there, | 0:22:48 | 0:22:49 | |
I don't think they're getting as many customers as us. | 0:22:49 | 0:22:51 | |
We're using yoghurt, they're using ice. | 0:22:51 | 0:22:54 | |
Yoghurt-based smoothies over here, water-based smoothies over there! | 0:22:54 | 0:22:58 | |
Yoghurt beats water every time, ladies and gentlemen! | 0:22:58 | 0:23:02 | |
I've just heard Matt say, | 0:23:02 | 0:23:03 | |
"Yoghurt-based smoothies here, ice-based ones there". | 0:23:03 | 0:23:07 | |
'There's nothing wrong with highlighting | 0:23:07 | 0:23:09 | |
'why you think you have the best product.' | 0:23:09 | 0:23:12 | |
That was two strawberry and banana, | 0:23:12 | 0:23:14 | |
one raspberry, mango and pineapple. | 0:23:14 | 0:23:17 | |
That comes to £10.50, please, mate. | 0:23:17 | 0:23:19 | |
There you go, my friend. Thank you. | 0:23:19 | 0:23:22 | |
'Matt's made a £10.50 sale.' | 0:23:22 | 0:23:24 | |
We still think we can win it. | 0:23:24 | 0:23:27 | |
We have quite a lot of cash in there at the moment. | 0:23:27 | 0:23:29 | |
So we think it's going really well. | 0:23:29 | 0:23:31 | |
'As the teams go head-to-head for the customers, | 0:23:31 | 0:23:34 | |
'it's all to play for.' | 0:23:34 | 0:23:35 | |
Would you like to buy a smoothie? | 0:23:35 | 0:23:37 | |
Yoghurt-based smoothies, not ice! | 0:23:37 | 0:23:39 | |
Two for £4. Make my dream come true, please! | 0:23:39 | 0:23:43 | |
It's war. | 0:23:43 | 0:23:44 | |
There's just five minutes left! | 0:23:46 | 0:23:48 | |
I want you to go out there and sell, sell, sell, sell. | 0:23:48 | 0:23:50 | |
Sell them for £1.50. | 0:23:50 | 0:23:51 | |
Get your smoothies for only £1! | 0:23:51 | 0:23:54 | |
Would you like to buy a smoothie? | 0:23:54 | 0:23:55 | |
We're slashing the prices right down, back to £1. | 0:23:55 | 0:23:58 | |
OK. Thank you. | 0:24:00 | 0:24:02 | |
-'Just one minute left.' -Every pound makes a difference. | 0:24:02 | 0:24:05 | |
Thank you. | 0:24:09 | 0:24:11 | |
Thank you. | 0:24:11 | 0:24:12 | |
Ten, nine, | 0:24:12 | 0:24:14 | |
eight, seven, | 0:24:14 | 0:24:16 | |
six, five, | 0:24:16 | 0:24:18 | |
four, three, two, | 0:24:18 | 0:24:20 | |
one. Stop trading! | 0:24:20 | 0:24:22 | |
HORN BLARES | 0:24:22 | 0:24:24 | |
-Let me have your cash box. -There you go. | 0:24:30 | 0:24:32 | |
-Good luck. -Thank you! | 0:24:32 | 0:24:35 | |
-Can I have your cash box? -There you go. | 0:24:36 | 0:24:38 | |
-Good luck. -ALL: Thank you. | 0:24:38 | 0:24:41 | |
That was so hard! | 0:24:41 | 0:24:43 | |
A toast. To victory! | 0:24:43 | 0:24:46 | |
'They bought, | 0:24:53 | 0:24:54 | |
'they sold, | 0:24:54 | 0:24:56 | |
'but which team conquered? | 0:24:56 | 0:24:58 | |
'Is it Triple Traders, | 0:24:59 | 0:25:01 | |
'or Team Synergy? | 0:25:01 | 0:25:03 | |
'It's time to find out who's won the challenge, | 0:25:03 | 0:25:06 | |
'and stays in the running for our USA grand final.' | 0:25:06 | 0:25:09 | |
I've been watching both teams for the last two days, | 0:25:09 | 0:25:12 | |
and I have to say I've been very impressed. | 0:25:12 | 0:25:14 | |
Well done. | 0:25:14 | 0:25:17 | |
Remember, the team that makes the most money wins the challenge, | 0:25:17 | 0:25:21 | |
and only they stand a chance of trading their way to the USA. | 0:25:21 | 0:25:24 | |
The cash has been counted. | 0:25:26 | 0:25:28 | |
Team Synergy, you took... | 0:25:31 | 0:25:33 | |
£150.01. | 0:25:36 | 0:25:39 | |
Triple Traders, | 0:25:41 | 0:25:43 | |
you took... | 0:25:43 | 0:25:45 | |
£102.16. | 0:25:50 | 0:25:52 | |
THEY CHEER | 0:25:52 | 0:25:54 | |
'Team Synergy are today's winners, | 0:25:54 | 0:25:57 | |
'and are in with a chance of competing in the USA.' | 0:25:57 | 0:26:00 | |
I can't believe we've beaten the other team by almost £50. | 0:26:00 | 0:26:04 | |
That opportunity to be one step closer to the plane is just amazing. | 0:26:04 | 0:26:08 | |
Anyone who come s up against us will be quaking in their boots. | 0:26:08 | 0:26:11 | |
We would like to say good luck to the other team, | 0:26:11 | 0:26:13 | |
and I hope they do well. I really hope they win. | 0:26:13 | 0:26:16 | |
Congratulations, Team Synergy. | 0:26:16 | 0:26:18 | |
You took the most money in today's challenge, | 0:26:18 | 0:26:21 | |
and it makes you our winners. | 0:26:21 | 0:26:23 | |
It earns you a place on our leaderboard. | 0:26:23 | 0:26:25 | |
But will your £150.01 be enough to put you in the top four? | 0:26:25 | 0:26:29 | |
'Because only those four teams | 0:26:29 | 0:26:32 | |
'will fight it out in the semi-finals. | 0:26:32 | 0:26:35 | |
'Team Synergy's £150.01 | 0:26:35 | 0:26:37 | |
'puts them in third place, | 0:26:37 | 0:26:39 | |
'knocking DNA down into fourth, | 0:26:39 | 0:26:41 | |
'and Three Riskateers out of the running. | 0:26:41 | 0:26:44 | |
'Will DNA hold on in the final heat tomorrow?' | 0:26:44 | 0:26:48 | |
In business, you can't afford to rely on just one strength. | 0:26:48 | 0:26:52 | |
You need to be able to negotiate hard, sell well, | 0:26:52 | 0:26:55 | |
and close the deal. | 0:26:55 | 0:26:57 | |
Today's winning team demonstrated those all-round skills, | 0:26:57 | 0:27:00 | |
and they're well worth remembering, | 0:27:00 | 0:27:02 | |
if one day you want to Trade Your Way To The USA. | 0:27:02 | 0:27:07 | |
Next time on Trade Your Way To The USA, | 0:27:07 | 0:27:10 | |
two more teams do battle. | 0:27:10 | 0:27:12 | |
We've knocked it down to £10.75, which is half-price. | 0:27:12 | 0:27:16 | |
This is how it's done. | 0:27:16 | 0:27:17 | |
100 percent cotton. It's a great design! | 0:27:17 | 0:27:20 | |
Oh, you're very good! | 0:27:20 | 0:27:21 | |
Subtitles by Red Bee Media Ltd | 0:27:39 | 0:27:42 |