Chocolate - Brighton Trade Your Way to the USA


Chocolate - Brighton

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LineFromTo

CBBC's search for Britain's best young traders

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is reaching boiling point.

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The heats are over

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and from the 1,500 young budding entrepreneurs who applied,

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only the four best teams have made it through this far.

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It's time for the semifinals.

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Today's two teams go head-to-head

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when Team Synergy from Devon...

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ALL: We're going to trade our way to the USA!

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..take on Penny Pinchers from East Yorkshire.

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-ALL:

-We're going to knock the stuffing out of you!

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They've proved they've got an eye for a bargain...

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We'd like to buy 100 cups.

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£5.88.

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You could do it for a quid?

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..shown that they're tough negotiators...

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We've knocked it down to £10.75

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which is half-price.

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..and demonstrated that they're top sellers.

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Yogurt-based smoothie over here. Yogurt beats water

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every time, ladies and gentlemen.

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Two adults for the price of one.

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Two smalls, please.

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Nine pounds. Thank you.

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KLAXON

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But which one of them has got what it takes to win?

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Because the team that wins today's challenge

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will go through to our grand final in the USA.

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It's semifinal time

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and the Trade Your Way challenge is about to get even tougher.

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Let's meet today's teams who have battled this far.

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It's Penny Pinchers

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versus Team Synergy.

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Team Synergy are...

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..three best mates from Devon.

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In their heat they proved they had real talent for selling smoothies,

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beating the other team by almost £50.

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CHEERING

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They took £150.01

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putting them fourth on the leaderboard

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and through to the semifinals.

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It's so cool reaching the semifinals.

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We're so excited to be here.

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I reckon we're not going to go home without a fight.

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To get through - that'd just be the best thing ever.

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We're going to give it everything today - 100%.

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We want this more than anything.

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But you'd better watch out boys because your opponents

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are determined to beat you and make it all the way to the USA.

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Penny Pinchers are three friends from East Yorkshire -

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In their heat they showed what they'd got,

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selling their paw print mugs and T-shirts.

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They beat their opponents by just over £60.

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CHEERING

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Congratulations.

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'Their takings of £171.97

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'put them second on the leaderboard,

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'guaranteeing a place in the semi-finals.'

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ALL: Penny Pinchers can win this and go to the USA. Whoo!

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'Two tough trading teams',

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but only one can make it through to our grand final in the USA

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and that's the team that makes the most money

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and wins today's challenge.

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Today's teams have arrived in Brighton

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but they've got no idea what their trading challenge will be.

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All they know, is they need to win this task

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if they want to make it to the USA.

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Welcome to Brighton

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and congratulations on getting through to the semifinals.

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This challenge is going to test your business skills to the max.

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Your challenge is to create and sell your own chocolates

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to the 10,000 visitors

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expected at Brighton Chocolate Festival.

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You must negotiate the lowest prices

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and then sell, sell, sell.

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The team that makes the most money wins the challenge and earns

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themselves a place in Trade Your Way To The USA's

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grand final.

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Here are your trading funds.

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For the semifinal, I've increased your trading fund to £150.

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Are you ready?

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-ALL: Yes!

-Let's go.

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Each team has £150.

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They need to buy the right products now if they want to win

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and secure their place in the USA grand final.

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The first rule of buying is to really understand the product

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that you're selling, so I've brought you here

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to meet your expert, Rachel, who works in the chocolate industry.

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My top tip to you is this - ask yourself,

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"Who am I selling to?

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"What am I selling?

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"Where am I selling it?"

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That should help you to narrow down those choices

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and make some good business decisions.

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Here are your notebooks.

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-Are you ready?

-ALL: Yes!

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Let's go!

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Chocolate expert, Rachel, creates extraordinary tasting truffles

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and chocolate slabs

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using unique flavoured oils.

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The teams have 20 minutes to learn all they can from her.

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What's the most popular combination?

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Well done, Maisie, that's exactly what I would do.

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Pick the expert's brain

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and find out from them what the best combinations are.

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Great work.

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This white chocolate,

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flavoured with lemon oil and poppy seed

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is very, very popular.

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If you went for a dark chocolate slab,

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chilli is brilliant.

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Is the white chocolate,

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milk chocolate or dark chocolate most popular?

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SAIRA MOUTHS

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Dark chocolate is very popular with men.

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Younger people prefer milk

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and white chocolate is a bit for everyone, really.

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How much would you recommend selling a bag of truffles for?

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Between £3.50 and £4?

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He's established the retail selling price

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and that's key to working out your profits.

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OK, teams, your time for questioning is up.

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Rachel, thank you very much for your expert advice.

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You've got to decide how to spend your £150 trading fund.

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Let's go.

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The teams must spend their £150 wisely

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to be in with a chance of getting to the USA.

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If I were doing this challenge,

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I would absolutely take a risk

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and create some unique and exotic flavours

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that would help my product to stand out

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and distinguish me from the competition.

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But what are the teams planning?

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So, Penny Pinchers,

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tell me what you've decided.

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We've got quite a range of ideas

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because we want a variety for the public.

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We've got stuff like the white slabs with lemon oil and poppy seeds,

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because she said that was quite a popular one, didn't she?

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Then we've got the dark slabs of chocolate with chilli

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because it's quite a popular taste.

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We've got the milk slabs with orange.

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Then for the truffles

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we have a white one which is going to be

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dipped in dark chocolate.

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To give their customers a wide selection,

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Penny Pinchers strategy is to buy a mix of truffles

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and chocolate slabs in the most popular flavours.

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So at the moment you're going for three different types

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of chocolate slabs in bags and three types of truffles

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-in boxes?

-ALL: Yeah.

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What is Team Synergy's game plan?

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I see you're tucking in to your chocolate there.

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Tell me exactly what you want to buy.

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We were thinking 10 small boxes,

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20 medium and 10 large.

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That's 40 boxes and we calculated

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-that would be all right for 400 truffles.

-OK.

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We're thinking 100 dark truffles

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with rose on, 100 white chocolate truffles.

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We're going to have vanilla truffles

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in dark chocolate with flakes of white chocolate on top.

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-100?

-100 of them as well.

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We're just going to go for the basic dark chocolate - 100 of them again.

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The boys' strategy is to buy only truffles.

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They plan to order larger numbers to secure the biggest discounts.

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-I'll see you in the negotiations. Good luck.

-ALL: Thanks.

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Team Synergy believe that by only selling truffles

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that will make them the most money.

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Penny Pinchers reckon that by taking a no-risk approach,

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that will help them bring in the cash.

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But that's if they can negotiate the lowest prices.

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With their chocolate chosen, it's time to bargain with Rachel.

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They must haggle hard for the best prices now

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so they can make the most money when they sell tomorrow.

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The team that brings in the most cash is guaranteed

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a place in the USA grand final.

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First up - Penny Pinchers.

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Their strategy is to buy a wide range

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of both truffles and chocolate slabs.

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OK, ladies, what would you like to buy?

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Ten slabs of the white chocolate...

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..with the lemon oil and poppy seeds.

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OK, your ten white slabs will cost you £13.70.

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£6.85.

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SAIRA GASPS

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They've come in with a 50% discount.

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I'm not running a charity here.

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OK. £8.85.

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It may be a good deal for you, but it's not a good deal for me.

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£10.50. That's our last price.

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Fine, ladies, I will do those ten white slabs.

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That's a £3.20 discount. Well done, girls.

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Ten dark slabs with chilli powder.

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Will cost you £13.

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We're going for £7.

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I'm actually getting slightly offended

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that you would offer me half price.

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£10, please.

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OK, ladies, £10 it is.

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'Penny Pinchers are living up to their name.

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'They negotiate another 50 bags of chocolate slabs,

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'saving a massive £13.90p.'

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For the truffles we've decided on 70 coconut covered vanilla truffle.

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Ordinarily, that would cost £20.93,

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but as you've ordered a number of those,

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I will offer you a discount and sell that to you for £18.84.

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Could we maybe say £16.50?

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Yes, ladies, I could do that for £16.50.

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Could we have 70 traditional truffles, please?

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So that would be £13.55.

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£11?

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Can you go any higher than £11?

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-£11.50.

-And that is done, yes.

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'They also order 70 rose-flavoured truffles for £19.50p.

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-Please could we have 18 small boxes.

-£6.84.

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-And 12 medium boxes.

-£5.30.

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OK.

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'Hey. The girls seem to have stopped negotiating.'

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-If we had a ribbon on every box, how much would that cost?

-£3.

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Thank you.

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'Despite forgetting to haggle, the girls negotiated very well.

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'So well, they've still got some of their trading fund to spend.'

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We haven't even spent all the £150.

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-Could we double the truffles?

-It's 47.50.

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We don't have enough.

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-How about just the...

-Just the traditional?

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-That would be £11.50.

-That's fine.

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That's the last thing.

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So great, they've bought 70 extra truffles

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but they haven't bought any extra bags or boxes to put them in.

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Whoops!

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'Although they've got some great deals, the girls panicked.

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They'll need to come up with a very clever plan

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to shift all those truffles with no boxes.

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'Next up, Team Synergy.

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'Their tactic is to bulk buy just truffles to get the best deal.'

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-Hi, guys.

-Hello.

-Hi.

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We'd like 100 dark truffles with an orange flavouring.

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-That would normally cost you £24.70p.

-Yep.

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But I could do that for you for...

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£19.76p.

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Sounds good.

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Great. They've just got a good discount for buying in bulk.

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But they could have negotiated more.

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Why have they accepted the first price?

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100 vanilla truffles with white chocolate shavings.

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£23.92p.

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£20?

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We're talking about a higher quality truffle here.

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We'll settle for £23 if you could knock the pence off?

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That would be great, Matt, thank you very much.

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Could we have 100 dark chocolate truffles?

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I would charge you £21.50 for that.

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-Ooh!

-£18.50.

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I couldn't, I couldn't do it that low.

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-£19.

-That's great. Thank you.

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'It's a good deal, though not quite as good as the girls.

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'Team Synergy have bought all their truffles, boxes

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'and ribbons for just over £110, so they still have cash to spend.

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'Let's hope they can think on their feet and don't panic

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'like the girls.'

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How much are the chunks of white chocolate with the lemon and...

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-Poppy seed?

-Poppy seed.

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'They've changed strategy and gone with one of the best-selling slabs.'

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One bag of lemon and poppy seed is £1.37.

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If we had 20 bags, could you do it for £20?

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That's not good enough, sorry.

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How about £24? That's final offer.

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-Yes, I can do that for you.

-'That's £3 more than the girls paid.'

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We'd give you all the money we've got left which is...

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-£18.

-£18 for 20 bags of the dark chilli chocolate, please.

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-I can give you 15 bags at that price.

-You couldn't go to 16?

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I'll go to 16 because you ask nicely, Dylan. Yes.

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'Well done, boys.

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'I think those slabs could turn out to be a great buy.'

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Lovely doing business with you.

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'Team Synergy bought a total of 400 rose-flavoured truffles which

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'they plan to sell in presentation boxes.

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'They also purchased 36 bags of chocolate slabs, including

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'the popular white chocolate with lemon and poppy seed.

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'Items that weren't on their original shopping list.

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'Penny pinchers ended up with 70 bags of chocolate slabs,

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'almost twice as many as the boys -

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'including a milk chocolate and orange flavour.

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'They also bought 280 truffles but only enough boxes for 210 of them.'

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I would've thought that with all that choice the teams would've

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created some unique and exciting chocolates.

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But instead they've opted to play it safe

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and gone for tried and tested flavours.

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Is that the right tactic when you're selling alongside some of

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Britain's finest chocolatiers?

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We'll find out tomorrow when they sell.

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Today the competition is cranked up as Team Synergy go head to head

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with Penny Pinchers in the semifinal.

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Each team is ready to give it their all because the team that wins

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today's challenge will be competing in the USA grand final and is

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still in with a chance of becoming Britain's Best Young Traders.

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Good morning, Team Synergy.

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Good morning, Penny Pinchers.

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Brighton will soon be choc-a-bloc with over 10,000 chocolate lovers.

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And your challenge is to sell your chocolatey creations to them.

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You will be competing for customers, not just with each other,

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but also with some of Britain's top chocolatiers.

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So every single detail must be perfect.

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Remember, the team that makes the most money wins the challenge

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and they will be in the grand final of Trade Your Way To The USA.

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And could be crowned Britain's Best Young Traders. Are you ready?

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-ALL: Yes!

-Let's set up stall.

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The teams will be selling alongside some of the country's

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finest chocolatiers so everything must be perfect.

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But at the boys' stall I spy a problem.

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Your chocolate is in the sun.

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-Yeah, we're moving it.

-I would do that quickly if I were you.

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Presentation will be crucial

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and melted chocolate won't make the grade.

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How much are you selling those boxes for?

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There's the small box for £3.90.

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Medium, £7.40.

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And large, £10.90.

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-Feeling confident, guys?

-Yeah.

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'But 100 metres away, there are three very determined girls.'

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The presentation's most important cos it's the first thing people see.

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-Nothing can be in the sun.

-'Well spotted, Maisie.

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'So how do their prices compare to the boys'?'

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-How much are you selling the slabs for?

-They're £3.25.

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These two are £3.00.

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For the truffles, we're selling them for £4.50. That's in a small box.

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For the large box truffles, we're going to have

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the coconut at £8.50, the vanilla rose at £8.50,

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and the traditional £7.50.

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'Penny Pinchers' strategy is to undercut the boys on slab chocolate,

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'and charge a premium for their exotic tasting truffles.

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'Will it pay off? Only time will tell.'

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This is the semifinal. The team that makes the most money wins.

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-Do you want to go to America?

-ALL: Yes!

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-Do you think you're going to do it?

-Yes!

-Good luck, I'll see you later.

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'With the stalls set and thousands of potential customers,

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'it's time to kick off this chocolate challenge.'

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-Teams, are you ready?

-ALL: Yes!

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Three...two...one!

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-Start trading!

-KLAXON SOUNDS

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-One of them.

-One of them? £3.40. Thank you very much.

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Can I interest you in some truffles or slabs, maybe?

0:18:310:18:33

'The boys make a couple of quick sales.

0:18:330:18:36

'But then things start going wrong.'

0:18:360:18:39

Ooh, starting to melt a little bit. Get that out of the sun.

0:18:390:18:43

Put them in the shade, they're melting.

0:18:430:18:46

We want to make everything look unmelted.

0:18:460:18:49

'This is a disaster, and could cost Team Synergy

0:18:490:18:52

'their place in the Grand Final.'

0:18:520:18:54

They've melted a little bit, but some of them haven't.

0:18:550:18:58

-Why were they melting?

-Because they were in the heat for a little bit.

0:18:580:19:01

-Shall we give them for £3.00, because they melted?

-Yeah. £3.00.

0:19:010:19:06

'They're only five minutes in,

0:19:060:19:08

'and the boys are forced into lowering their prices.'

0:19:080:19:12

Come and buy a chocolate! Quality chocolate for quality prices.

0:19:120:19:15

These look amazing.

0:19:150:19:16

OK, that's £3.00.

0:19:160:19:18

'Penny Pinchers, though, are off to a flying start.'

0:19:180:19:22

To be successful in this challenge,

0:19:220:19:24

the teams really need to demonstrate to their customers that

0:19:240:19:28

how the chocolate's made, the flavour, and why it's delicious.

0:19:280:19:31

Coconut, chilli, lemon and poppy seed!

0:19:310:19:35

This is the vanilla orange truffle. £8.50.

0:19:350:19:38

-Yeah, I'll have that.

-Thanks very much.

0:19:380:19:40

Maisie is doing an excellent selling job.

0:19:400:19:43

She's really selling those chocolates,

0:19:430:19:45

telling people about the flavours and why they're unique. Well done.

0:19:450:19:48

-Is that orange?

-Yes.

-I'll have one of those.

-Will you?

0:19:480:19:52

It's doing really well, cos I've already got five sales already.

0:19:530:19:57

'30 minutes in, and the boys have a brainwave to pull in the punters.'

0:19:570:20:02

I'm going to break some out for testers...

0:20:020:20:05

-Let me try them.

-You can have a little taster.

0:20:050:20:08

'It's a great idea...

0:20:080:20:11

They're really good. Munchy.

0:20:110:20:14

'..but they're not closing the deals.'

0:20:140:20:16

It's great to have tasters for your customers, but you've

0:20:160:20:19

got to make sure that they are small pieces, otherwise you're just

0:20:190:20:23

eating into your profits. 'And the boys are doing just that.

0:20:230:20:26

'Three bags of tasters has cost them £9 of lost takings.'

0:20:260:20:31

I've been watching you.

0:20:310:20:32

People are taking them, tasting them, and then walking off.

0:20:320:20:36

They're eating your profits without buying.

0:20:360:20:39

I guess so, yeah.

0:20:390:20:41

Just put a little bit out there. And what you want them to do

0:20:410:20:45

is buy them. So people are just coming in, taking it, walking off.

0:20:450:20:49

'The trick is tiny pieces, and don't let anyone walk away

0:20:490:20:53

'without trying to make a sale.'

0:20:530:20:56

We're wasting the bag. Only tiny little bits.

0:20:560:21:00

-It's delicious. Yeah.

-£3.00...

0:21:000:21:02

'That's more like it, Matt.'

0:21:020:21:05

Just one hour left.

0:21:060:21:08

'And with a lot of chocolate still on their stall,

0:21:080:21:11

'the girls turn to giving out testers too.'

0:21:110:21:14

Are these your testers?

0:21:140:21:17

That's a lot of testers! Blimey!

0:21:170:21:19

That's about four boxes of chocolate.

0:21:190:21:21

Why did you put so many in there?

0:21:210:21:23

We didn't get enough boxes to box them up with

0:21:230:21:26

-on the day of negotiation.

-So you're using them all as testers?

-Yes.

0:21:260:21:31

'That's over £50 worth of chocolate,

0:21:310:21:33

'so they must make sure they sell and don't give it all away.'

0:21:330:21:37

Maisie, my top tip to you is this -

0:21:370:21:40

-keep an eye on how many samples you're giving out.

-OK.

0:21:400:21:42

Because customers love to take freebies, and don't always buy.

0:21:420:21:46

'And every sale gets one team one step closer to the USA.'

0:21:460:21:51

And how much is a bag of your chilli chocolate?

0:21:510:21:54

£3, or two for £5.

0:21:540:21:57

-Go on, then.

-Thank you.

0:21:570:21:59

With just 20 minutes left, the boys still have a lot of stock.

0:21:590:22:04

They need to do some serious selling to win this chocolate challenge.

0:22:040:22:08

Boys, what's your tactic now?

0:22:080:22:11

I think we have to drop our pricing

0:22:110:22:12

-and just try and sell all our truffles we've got left.

-Good luck.

0:22:120:22:16

I've just sold £11.40 worth.

0:22:170:22:19

That's three boxes, thank you very much.

0:22:190:22:22

And a bag of chilli chocolate, so that's very good.

0:22:220:22:25

We've only got one small box left. They're selling really well,

0:22:250:22:29

-so you need to make some more of the small boxes.

-OK.

0:22:290:22:31

So I'm going to try and tie one. Been practising a little bit.

0:22:310:22:35

Oh, my God.

0:22:350:22:37

20 boxes must be tied, and every one of them

0:22:370:22:39

must be perfect.

0:22:390:22:41

I'll have a go at making these boxes. Dylan's tried

0:22:430:22:45

but we'll see what happens.

0:22:450:22:47

I'm not very good at this.

0:22:490:22:51

Matt and Dylan's unsuccessful attempts

0:22:510:22:53

mean it's time to call for backup.

0:22:530:22:55

We need to tie loads of boxes. Me and Dylan are failing.

0:22:550:22:58

Premium prices mean perfectly presented products.

0:22:580:23:02

Thankfully, Will's just the man for the job.

0:23:020:23:05

Please come buy from our stall.

0:23:060:23:08

With ten minutes to go and a lot of stock to sell,

0:23:080:23:10

desperate times call for desperate measures.

0:23:100:23:14

We're not selling as much as we hoped

0:23:140:23:16

so we're going to put some deals on offer

0:23:160:23:18

and make sure everyone can hear about them.

0:23:180:23:20

The girls have a secret weapon -

0:23:200:23:23

a package deal that still earns them a £6 profit.

0:23:230:23:26

-Go on, then. I'll have a box. Here you are, darling.

-Thank you.

0:23:260:23:29

Thank you. Have a lovely day.

0:23:290:23:31

They've actually sold that box of chocolates to me

0:23:310:23:34

whereas none of the other stalls have.

0:23:340:23:36

-I want the lemon and poppy seed one.

-So that's £6.25

0:23:360:23:39

and I think you've got a great deal there.

0:23:390:23:42

-Are you the next Alan Sugar?

-Yes!

0:23:420:23:43

SHE LAUGHS

0:23:430:23:45

There's just five minutes left. Who's going to make it to the USA?

0:23:460:23:50

£2 for one bag of chocolate.

0:23:500:23:53

That is an amazing price compared to the other stalls! Come on!

0:23:530:23:56

In the battle to secure last-minute sales,

0:23:570:24:00

both teams slash their prices.

0:24:000:24:03

Pound for two? Ten truffles for £4?

0:24:030:24:05

Ten chocolates for just £2?

0:24:050:24:07

I'll take anything!

0:24:070:24:08

-Have you any chilli chocolate?

-Yeah, two for five.

0:24:080:24:12

So that will be £6.50, please.

0:24:140:24:16

Three bags of chocolate for a pound.

0:24:180:24:20

Ten, nine,

0:24:200:24:21

-eight...

-£4, please.

0:24:210:24:23

£1.50 for two.

0:24:230:24:25

Four, three,

0:24:250:24:26

two, one. Stop trading.

0:24:260:24:29

KLAXON BLASTS

0:24:290:24:31

-Girls, can I have your cash box?

-Yes!

0:24:330:24:36

-The very best of luck.

-Thank you!

-Thank you!

0:24:360:24:39

I'm so nervous.

0:24:390:24:40

Well done, guys. We can't do any more.

0:24:420:24:45

High five.

0:24:450:24:46

Yes!

0:24:470:24:48

Boys, can I have your cash tin?

0:24:480:24:50

The very best of luck.

0:24:500:24:53

They came...

0:24:580:24:59

..they sold,

0:25:010:25:02

but there can only be one winner.

0:25:020:25:04

Is it Team Synergy

0:25:050:25:07

or Penny Pinchers

0:25:070:25:09

who've made the most cash and will be flying to the USA

0:25:090:25:13

to compete in the Trade Your Way To The USA grand final?

0:25:130:25:18

Over the last couple of days,

0:25:180:25:19

I've kept my eye very closely on you

0:25:190:25:23

and I have to say, I've been very impressed with what I've seen.

0:25:230:25:26

But only one team can win today's challenge

0:25:280:25:30

and they will be going

0:25:300:25:33

to the grand final in the USA.

0:25:330:25:35

The cash has been counted.

0:25:350:25:37

And I can tell you this.

0:25:400:25:41

It's very, very close.

0:25:410:25:44

Team Synergy, you took...

0:25:450:25:47

..£169.

0:25:500:25:53

Penny Pinchers, you took...

0:25:550:25:57

..160...

0:26:010:26:03

-..£3.45.

-Yes!

-Yes!

-Yes!

0:26:060:26:09

Team Synergy, you are today's winners

0:26:100:26:13

and you will be trading your way to the USA.

0:26:130:26:16

-We won!

-We won!

-Oh, my God, I actually can't believe it.

-Awesome!

0:26:190:26:23

Can't believe it! £6!

0:26:230:26:24

I feel pretty speechless

0:26:240:26:26

but it's just insane, it's amazing, I can't believe we're actually going.

0:26:260:26:30

I've only ever been on a plane to Scotland

0:26:300:26:32

and it's amazing. America.

0:26:320:26:34

-God, it's going to be amazing.

-It'll be awesome!

0:26:340:26:37

I reckon with the team we've got and the strength we've got,

0:26:370:26:41

it's going to be hard to stop us. Bring it on.

0:26:410:26:43

I've had a lot of fun

0:26:430:26:45

and I've definitely learned I do have some selling techniques in me.

0:26:450:26:48

It's been the best experience of my life. I'll remember it forever.

0:26:480:26:52

The Penny Pinchers are going to be back!

0:26:520:26:54

And we're going to take the business world...

0:26:540:26:56

-By storm!

-Woo-hoo!

0:26:560:26:58

Working under pressure is part and parcel of being in business

0:26:580:27:02

but the thing to remember is this -

0:27:020:27:04

when the going gets tough, the tough get going.

0:27:040:27:08

That's exactly what our winning team did today

0:27:080:27:11

and it's well worth remembering

0:27:110:27:13

if you want to trade your way to the USA.

0:27:130:27:15

Next time on Trade Your Way To The USA...

0:27:170:27:19

Yee-ha!

0:27:190:27:21

It's the grand final.

0:27:210:27:22

-Team Synergy and Streetsmart Sellers head to America.

-Yeah!

0:27:220:27:26

But who will be crowned Britain's best young traders?

0:27:270:27:30

-Let's go for it.

-We've got a 100 bill!

0:27:300:27:33

Ka-ching!

0:27:330:27:34

Come and buy your delicious cookies!

0:27:340:27:37

-They're all gone?

-They're gone.

0:27:370:27:39

High five.

0:27:390:27:41

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0:27:560:28:00

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