Episode 3

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0:00:02 > 0:00:05The search is on for this year's Best Young Traders.

0:00:05 > 0:00:09For months, CBBC has scoured the country, hunting for Britain's

0:00:09 > 0:00:11budding entrepreneurs.

0:00:12 > 0:00:14They need to know how to buy, how to sell

0:00:14 > 0:00:19and how to close the deal, if they want to win the day.

0:00:19 > 0:00:22From more than 2,000 budding young entrepreneurs,

0:00:22 > 0:00:25just 14 teams have made it through to the heats.

0:00:25 > 0:00:31Now they battle it out head-to-head in Trade Your Way To The USA.

0:00:31 > 0:00:36Each team will be given £75 cash and a tough trading challenge.

0:00:36 > 0:00:38They must decide what to buy...

0:00:38 > 0:00:41What's your biggest seller in the whole shop?

0:00:41 > 0:00:42Anything pretty is going to sell.

0:00:42 > 0:00:45- ..negotiate the lowest price... - Six for 1.95.

0:00:45 > 0:00:48- No. - ..and then sell, sell, sell.

0:00:48 > 0:00:49HOOTER BLARES

0:00:49 > 0:00:51High-quality balloons only £1!

0:00:51 > 0:00:53You owe us £1.50.

0:00:53 > 0:00:55- I want the one that says "Ka-pow!"- OK.

0:00:55 > 0:00:58The team that makes the most money wins the challenge

0:00:58 > 0:01:00and a place on the all-important leaderboard.

0:01:00 > 0:01:01Get in there!

0:01:03 > 0:01:07At the end of the heats, only the top four teams go on

0:01:07 > 0:01:10to fight it out for a place in the grand final...

0:01:10 > 0:01:11Agh! My arm!

0:01:11 > 0:01:15..and the chance to be crowned this year's Best Young Traders.

0:01:15 > 0:01:17The best fudge ever!

0:01:17 > 0:01:19I'm Saira Khan

0:01:19 > 0:01:23and by the age of 25, I had a high-flying career in London.

0:01:23 > 0:01:24Follow my top trading tips,

0:01:24 > 0:01:28and one day you too could trade your way to the USA.

0:01:37 > 0:01:41Trade Your Way To The USA is back with a vengeance.

0:01:41 > 0:01:45Today, some of Britain's most ambitious young traders

0:01:45 > 0:01:48will face the business challenge of a lifetime.

0:01:48 > 0:01:51Time to meet the two teams with the will to win.

0:01:53 > 0:01:56It's Victores vs Profiteroles.

0:01:57 > 0:02:04ALL: We are Profiteroles and we're going to trade our way to the USA!

0:02:04 > 0:02:06Whoooo!

0:02:06 > 0:02:09This Cumbrian trio believe they've got what it takes to win.

0:02:09 > 0:02:12Triathlete Connor is a top trader in training.

0:02:12 > 0:02:16I know the Profiteroles can sprint our way to the finish.

0:02:16 > 0:02:18I'm the loud one and I reel in the customers.

0:02:18 > 0:02:20Used to selling eggs for cash,

0:02:20 > 0:02:23Connie thinks she can scramble her opponents' chance of victory.

0:02:23 > 0:02:27Just like my eggs, I know how to select the best produce to sell.

0:02:27 > 0:02:31Brains behind the team, Alex, thinks he's got what it takes to win.

0:02:32 > 0:02:36All I have to say to the opposition is "checkmate".

0:02:36 > 0:02:38This team is sure their skills will secure success.

0:02:38 > 0:02:41And trading's what we do best.

0:02:41 > 0:02:44But the opposition is ready for a fight.

0:02:44 > 0:02:46ALL: We know how to make money!

0:02:47 > 0:02:50We chose the name Victores, cos it means "winners" in Latin.

0:02:50 > 0:02:54Cos we think we have what it takes to win Trade Your Way To The USA.

0:02:54 > 0:02:55ALL: Come on!

0:02:55 > 0:02:58Scholarly Scouse lasses Rachel, Maisie

0:02:58 > 0:03:01and Rosie have a wealth of trading know-how.

0:03:03 > 0:03:07I've made money through charity fairs in school by selling cakes

0:03:07 > 0:03:08and sweets.

0:03:08 > 0:03:11And the most money we've made is £200.

0:03:11 > 0:03:14Quiet, but lethal when it comes to trading,

0:03:14 > 0:03:16Rachel's got designs on big business.

0:03:16 > 0:03:19I've made money by taking part in events in school

0:03:19 > 0:03:24and I've also earned over £40 by selling old games and CDs online.

0:03:24 > 0:03:28And team organiser Maisie enjoys the sweet smell of success.

0:03:28 > 0:03:31I earn money by selling my perfumes to friends and family

0:03:31 > 0:03:33and I've made almost £200.

0:03:35 > 0:03:39This formidable group of girls are in harmony when it comes to winning.

0:03:39 > 0:03:44# Thanks for the opportunity We will make you go "Wowee!"

0:03:44 > 0:03:46# And if you have faith in us

0:03:46 > 0:03:52# We can win the shoooow, Victores! #

0:03:52 > 0:03:54So it's Profiteroles v Victores,

0:03:54 > 0:03:58but only the team that makes the most money wins today's challenge

0:03:58 > 0:04:03and only they stand a chance of trading their way to the USA

0:04:03 > 0:04:07and becoming Britain's Best Young Traders.

0:04:10 > 0:04:13Today's trading titans have arrived in York,

0:04:13 > 0:04:16one of Britain's oldest trading cities.

0:04:16 > 0:04:19They've no idea what their challenge will be, but they know

0:04:19 > 0:04:24they have to win to stand a chance of competing in our USA grand final.

0:04:43 > 0:04:44Welcome to York.

0:04:44 > 0:04:50In 865AD, the streets of this city were ruled by Vikings.

0:04:50 > 0:04:54Over a thousand years on, and the Vikings will once again

0:04:54 > 0:04:58take to the streets this weekend for the Jorvik Viking Festival,

0:04:58 > 0:05:03as thousands of people come together to celebrate all things Viking.

0:05:03 > 0:05:06Your challenge is to come up with Viking-themed balloons to sell

0:05:06 > 0:05:10to the spectators, negotiate the lowest prices,

0:05:10 > 0:05:11then sell, sell, sell.

0:05:11 > 0:05:15The team that makes the most money wins the challenge.

0:05:15 > 0:05:17Here's your trading fund.

0:05:17 > 0:05:19I've given each £75 to trade with.

0:05:21 > 0:05:22Thank you.

0:05:24 > 0:05:25Teams, are you ready?

0:05:25 > 0:05:28- ALL: Yes! - Let's go!

0:05:34 > 0:05:38The teams have £75 each to buy their balloons for the battle.

0:05:38 > 0:05:42To win tomorrow means understanding which products to get today.

0:05:43 > 0:05:45Before you start buying,

0:05:45 > 0:05:47you need to understand the product that you're selling.

0:05:47 > 0:05:51So I've brought you here to meet your expert, Shirley Ray.

0:05:51 > 0:05:52Here are your books.

0:05:54 > 0:05:56- Are you ready? - ALL: Yes!

0:05:56 > 0:05:58Let's go!

0:06:02 > 0:06:06Award-winning Shirley comes from a long line of balloon experts.

0:06:08 > 0:06:11If anyone can show the teams how to turn hot air into hard cash,

0:06:11 > 0:06:13it's her.

0:06:13 > 0:06:16The teams have just 15 minutes to pick Shirley's brains

0:06:16 > 0:06:20about the balloon business. Every question counts.

0:06:20 > 0:06:23What kind of price ranges do you sell yours at?

0:06:23 > 0:06:30Between £1 for the very simple ones up to £10 for the Viking warrior.

0:06:30 > 0:06:32For you to buy it,

0:06:32 > 0:06:37you can buy all of these between about 75p up to £5.

0:06:37 > 0:06:38I'm impressed.

0:06:38 > 0:06:41They've established the retail and the buying price very early on.

0:06:41 > 0:06:43Excellent.

0:06:43 > 0:06:45When you've sold these balloons previously,

0:06:45 > 0:06:46which have been the most popular ones?

0:06:46 > 0:06:50Because they're all pieces of art, they all appeal to different people,

0:06:50 > 0:06:52so it's an individual choice for you.

0:06:52 > 0:06:54Are there any popular combinations?

0:06:54 > 0:06:58Yeah, they probably would like a hat with a sword

0:06:58 > 0:07:00or a shield and a sword or...

0:07:00 > 0:07:02That's a fantastic question about popular combinations.

0:07:02 > 0:07:06What that means is you can sell more than one product to a customer,

0:07:06 > 0:07:07which means more money.

0:07:07 > 0:07:11Is it possible for people to buy the balloons and make them themselves?

0:07:11 > 0:07:15You will be able to buy the kits that you can sell.

0:07:15 > 0:07:18I could teach you to make a simple sword.

0:07:18 > 0:07:20So who's going to be the modeller?

0:07:20 > 0:07:22I'm going to be doing it for this team.

0:07:22 > 0:07:24And I'll be the modeller for the Profiteroles.

0:07:24 > 0:07:27Having the ability to make these balloons will create

0:07:27 > 0:07:31theatre on the day and that will attract customers.

0:07:31 > 0:07:34..twist there, and that's going to be the handle of my sword.

0:07:34 > 0:07:37And then we're going to make the hilt of this sword

0:07:37 > 0:07:39and make another little twist.

0:07:39 > 0:07:42But this is the point that you lock it together,

0:07:42 > 0:07:44so you just twist these two together.

0:07:47 > 0:07:50But that's the making of it. Let the battle commence!

0:07:53 > 0:07:56If I was doing this task, I'd concentrate on buying

0:07:56 > 0:08:01lots of DIY packs, so the customers can make their own balloons at home.

0:08:01 > 0:08:04But I'd also encourage them to buy one from my stall.

0:08:04 > 0:08:07That's two sales, one customer.

0:08:07 > 0:08:09The packs of...

0:08:09 > 0:08:12OK, Victores, so what's your strategy? Rachel?

0:08:12 > 0:08:15Our strategy is to sell a variety of things,

0:08:15 > 0:08:18but we're also going to make some of our own swords

0:08:18 > 0:08:21and we're going to sell packs so people can make their own.

0:08:21 > 0:08:24'Great! They're planning to up their sales by demonstrating

0:08:24 > 0:08:27'the swords and selling the DIY kits.'

0:08:27 > 0:08:30Have you thought about how many products you're going to buy?

0:08:30 > 0:08:35- It's around 56, 57. - OK, that's pretty ambitious, yeah?

0:08:35 > 0:08:38'The girls want a lot of stock for their cash,

0:08:38 > 0:08:40'so how are Profiteroles doing?'

0:08:40 > 0:08:42So what is your strategy?

0:08:42 > 0:08:45We were thinking about doing a package of the axe, the helmet

0:08:45 > 0:08:49and the shield, so I'd really like that package at a good price.

0:08:49 > 0:08:52'Selling the different designs together is a great way

0:08:52 > 0:08:54'to make more money.'

0:08:54 > 0:08:56And who is going to be the main negotiator?

0:08:56 > 0:09:00We will work as a team, cos we stick together. We have no leader.

0:09:00 > 0:09:01This is all about negotiation,

0:09:01 > 0:09:03it's about getting the best product for the best price.

0:09:03 > 0:09:05Good luck.

0:09:07 > 0:09:09Victores are hoping demonstrations

0:09:09 > 0:09:12and DIY packs will pull the punters to their stall.

0:09:12 > 0:09:15Profiteroles hope selling different designs together

0:09:15 > 0:09:17will score more cash.

0:09:17 > 0:09:21But it's down to who can negotiate the best deals on their balloons.

0:09:26 > 0:09:29This will be the toughest negotiation

0:09:29 > 0:09:31the teams have ever faced.

0:09:31 > 0:09:33If they want to win the trading challenge,

0:09:33 > 0:09:36they need to turn Shirley's balloons into bargains.

0:09:36 > 0:09:38First up, it's Profiteroles.

0:09:38 > 0:09:43Can they work together to secure the best deals?

0:09:43 > 0:09:48So, we'll start off with the axes. 75p.

0:09:48 > 0:09:53Wow, Connor's straight in there with the negotiation. No niceties here.

0:09:53 > 0:09:5575p is too low.

0:09:55 > 0:09:58- 90p.- Meet halfway at 85?

0:09:59 > 0:10:02On the axes, no.

0:10:02 > 0:10:07- 95?- 'Great. Profiteroles are working really well as a team.'

0:10:07 > 0:10:09- 95, OK.- OK.

0:10:09 > 0:10:13Next we wanted helmets, and we were going to go for 75 again.

0:10:13 > 0:10:17No. You're looking definitely at £1.

0:10:18 > 0:10:21Are you sure we couldn't meet you halfway at 90?

0:10:21 > 0:10:23Now, this is a proper negotiation.

0:10:23 > 0:10:26They're being assertive without being rude.

0:10:26 > 0:10:28I'm sure we can't meet you at 90.

0:10:28 > 0:10:3095? Again?

0:10:33 > 0:10:35I'm going to let you have them for 95.

0:10:35 > 0:10:40Next, we were looking at the shields. Each one for £1?

0:10:40 > 0:10:43No, definitely.

0:10:43 > 0:10:46I have to tell you that the shields I will not go under £2 at all.

0:10:46 > 0:10:50- TEAM ALL TALK AT ONCE - Not even 1.95, no.

0:10:50 > 0:10:52Not even 1.99?

0:10:54 > 0:10:55Every penny counts.

0:10:55 > 0:10:59Every penny DOES count, and I will give you that one penny.

0:10:59 > 0:11:01As they say in business, look after the pennies

0:11:01 > 0:11:04and the pounds will look after themselves.

0:11:04 > 0:11:06After getting seven other kinds of balloons,

0:11:06 > 0:11:10I hope they're on top of what they've spent.

0:11:10 > 0:11:122.75 left.

0:11:12 > 0:11:15If I were you, I'd check your numbers.

0:11:15 > 0:11:18(I don't think I put that in the calculator right.)

0:11:18 > 0:11:20I think Connor might have put something wrong.

0:11:22 > 0:11:24That makes you 40p over your budget.

0:11:24 > 0:11:26'Oh, dear, team, you're going

0:11:26 > 0:11:29'to have to think on your feet here to bring your total back in budget.'

0:11:29 > 0:11:34We've bought ten products, so if we knocked 4p off each buy,

0:11:34 > 0:11:37then we'd be bang on our £75.

0:11:38 > 0:11:41- Cos they're brilliant! - They are amazing.

0:11:41 > 0:11:43This team is good.

0:11:43 > 0:11:45They know they're 40p over, but instead of trying to give

0:11:45 > 0:11:48a product away, they're trying to get it in for free.

0:11:48 > 0:11:49Well done.

0:11:49 > 0:11:52Flattery gets you everywhere. For 40p...

0:11:52 > 0:11:54- LAUGHTER - ..you can have that off your total.

0:11:54 > 0:11:56ALL: Thank you.

0:11:58 > 0:12:00Thank you!

0:12:03 > 0:12:05Next up, the Victores.

0:12:05 > 0:12:07They know how much stock they want to buy,

0:12:07 > 0:12:11but can they get it for the right price?

0:12:11 > 0:12:13- Hi.- Hello.

0:12:13 > 0:12:16We'd be interested in buying about ten axes.

0:12:16 > 0:12:19My price would normally be 1.50.

0:12:19 > 0:12:21Well, could you possibly go to £1?

0:12:23 > 0:12:251.25?

0:12:25 > 0:12:29Um...£1.10?

0:12:29 > 0:12:31- Yeah, I can go to 1.10. - Thank you.

0:12:31 > 0:12:32'She may be all smiles,

0:12:32 > 0:12:36'but Shirley's not getting much of a negotiation from these girls.'

0:12:36 > 0:12:39The girls are accepting these prices far too easily.

0:12:39 > 0:12:40They need to push back.

0:12:40 > 0:12:45So we are looking at the packs. You sell them for £2.50.

0:12:45 > 0:12:50We're wondering if you let us have it for around £1.20.

0:12:52 > 0:12:55The kits, I could go 1.50.

0:12:59 > 0:13:02Could we possibly have it for £1.45?

0:13:03 > 0:13:06You drive a hard bargain. OK, I'll let you have them for 1.45.

0:13:06 > 0:13:07Thank you.

0:13:07 > 0:13:11'That's better. £1.05 off the asking price.

0:13:11 > 0:13:14'Along with some shields, helmets and Viking figures,

0:13:14 > 0:13:16'their stock is mounting up.

0:13:16 > 0:13:18'I hope they're on top of their numbers.'

0:13:18 > 0:13:21We were looking at one of the packs of 50 balloons,

0:13:21 > 0:13:24and you sell them for £5.

0:13:24 > 0:13:30My actual selling price for the pack of 50 balloons with a pump is £6.

0:13:30 > 0:13:33OK, so could we possibly have that for £5?

0:13:34 > 0:13:36- You can, yes.- Thank you.

0:13:36 > 0:13:38They've just bought a pack of balloons,

0:13:38 > 0:13:40but no demonstration sword.

0:13:40 > 0:13:42Without that to copy,

0:13:42 > 0:13:45will they remember how to make the swords tomorrow?

0:13:45 > 0:13:49Because you haven't got any of the single swords at all,

0:13:49 > 0:13:50and you're intending to make them,

0:13:50 > 0:13:56perhaps you'd need to spend just a little bit on having that.

0:13:56 > 0:13:59OK, so could you please let us have one of those...

0:13:59 > 0:14:01for £1?

0:14:02 > 0:14:04I'm going to give you two.

0:14:04 > 0:14:06Shirley's really helped them out by giving them

0:14:06 > 0:14:08two demonstration swords.

0:14:08 > 0:14:10That's a lucky escape.

0:14:10 > 0:14:12That's 75.

0:14:12 > 0:14:16Do you want to maybe just calculate what you've spent already?

0:14:16 > 0:14:18OK.

0:14:18 > 0:14:19£5...

0:14:19 > 0:14:23'This negotiation could all fall apart if they're not careful.'

0:14:23 > 0:14:27£75.05.

0:14:27 > 0:14:29Girls, I told you to be on top of your numbers.

0:14:29 > 0:14:31Now you're over budget.

0:14:31 > 0:14:35Could you possibly take 5p away?

0:14:41 > 0:14:43- I'll let you have the 5p. - ALL: Thank you.

0:14:43 > 0:14:46'Shirley's let them off the 5p they've overspent.

0:14:46 > 0:14:49'That's another lucky escape for the girls.'

0:14:49 > 0:14:51- Thank you.- Thank you. - Have a good selling day.

0:14:57 > 0:15:00For their £75, Profiteroles got some great deals,

0:15:00 > 0:15:04including ten each of the helmets, shields and swords,

0:15:04 > 0:15:06which can be sold together for more money.

0:15:06 > 0:15:10They also got five DIY packs and two large Viking figures -

0:15:10 > 0:15:1253 products in total.

0:15:14 > 0:15:18Despite Victores' confusion over numbers, for their £75,

0:15:18 > 0:15:22they got 55 products - almost as many as they had planned.

0:15:22 > 0:15:25This included ten helmets and seven DIY packs,

0:15:25 > 0:15:29plus two demonstration swords to help them model the balloons.

0:15:31 > 0:15:34Tomorrow, only one team can be the high-flyers.

0:15:34 > 0:15:36The others will leave deflated.

0:15:47 > 0:15:51Today, Victores go head-to-head with Profiteroles.

0:15:51 > 0:15:53Both will do anything to win

0:15:53 > 0:15:55and get the chance to compete

0:15:55 > 0:15:58in our Trade Your Way To The USA grand final.

0:15:58 > 0:16:01The team who makes the most money today is one step closer

0:16:01 > 0:16:05to becoming Britain's Best Young Traders.

0:16:05 > 0:16:07Victores and Profiteroles have arrived

0:16:07 > 0:16:11in the ancient city of York, ready to sell balloons.

0:16:11 > 0:16:13But whose bubble is going to burst?

0:16:16 > 0:16:19Good morning, Profiteroles, good morning, Victores.

0:16:19 > 0:16:22Today, thousands of people will visit York

0:16:22 > 0:16:25to celebrate everything Viking.

0:16:25 > 0:16:29You have just two hours to sell them your Viking-themed balloons.

0:16:29 > 0:16:32The team that makes the most money wins today's challenge,

0:16:32 > 0:16:36and only they stand a chance of trading their way to the USA

0:16:36 > 0:16:39and becoming Britain's best young traders.

0:16:39 > 0:16:41- Are you ready? - ALL: Yes.

0:16:41 > 0:16:43Let's set up the stalls.

0:16:46 > 0:16:48The teams need to get ready.

0:16:48 > 0:16:51Every sale will get them one step closer to the USA.

0:16:52 > 0:16:54What are your prices?

0:16:54 > 0:16:55£3.50.

0:16:55 > 0:16:57- £3.50.- £3.50.

0:16:57 > 0:16:59So this is £3.50?

0:16:59 > 0:17:01How much did you pay for these?

0:17:01 > 0:17:03£1.99 each.

0:17:03 > 0:17:05OK, and you're selling them for £3.50?

0:17:05 > 0:17:08'In business, your prices need to reflect what you paid.

0:17:08 > 0:17:11'Get your mark-up wrong, and you could go bust.'

0:17:11 > 0:17:13We're selling the helmet and shield at the same price,

0:17:13 > 0:17:15but it cost us more to get the shields.

0:17:15 > 0:17:17So we should put prices up.

0:17:17 > 0:17:20So, how are Victores getting on?

0:17:20 > 0:17:22Short sword is £1.50.

0:17:22 > 0:17:24We need to start making some.

0:17:24 > 0:17:25'Good idea, girls.

0:17:25 > 0:17:29'Get plenty of your amazing balloons made to show what you're selling.'

0:17:29 > 0:17:32- How much are you selling the big sword for?- £3.

0:17:32 > 0:17:34- What about these swords? - Just £1.50.

0:17:35 > 0:17:37'That's lower than Profiteroles.

0:17:37 > 0:17:40'They must keep on top of their numbers today if they want to win.'

0:17:42 > 0:17:45It's time for the balloon battle to begin.

0:17:49 > 0:17:51Teams, are you ready?

0:17:51 > 0:17:52ALL: Yes!

0:17:52 > 0:17:54- Erik, are you ready?- Yarr!

0:17:54 > 0:17:58Three, two, one, start selling!

0:17:58 > 0:17:59BLOWS HORN

0:18:01 > 0:18:04'Straightaway, Rosie heads out into the crowds.'

0:18:04 > 0:18:08Hey, guys. Does anyone want to buy anything? We've got axes, swords.

0:18:08 > 0:18:09'While back on Victores' stall,

0:18:09 > 0:18:13'their balloons are already attracting the customers.'

0:18:13 > 0:18:14Thank you!

0:18:14 > 0:18:17The thing about demonstration is it creates theatre to your stall,

0:18:17 > 0:18:21attracts customers, and then they're likely to buy.

0:18:22 > 0:18:23Thank you!

0:18:24 > 0:18:27They've got customers waiting.

0:18:27 > 0:18:28Could we have them there?

0:18:28 > 0:18:30Yeah, it's £8.

0:18:30 > 0:18:32There you go.

0:18:32 > 0:18:35'Great work, girls. That's £8 for your cash box.'

0:18:37 > 0:18:42'20 metres away, are Profiteroles living up to their name?'

0:18:42 > 0:18:44They've got everyone now.

0:18:44 > 0:18:46'It looks like they need to take a leaf out of

0:18:46 > 0:18:50'their competition's book and draw some attention to the stall.'

0:18:50 > 0:18:53Ladies and gentlemen, prepare to be amazed!

0:18:53 > 0:18:57High-quality balloons for sale today.

0:18:57 > 0:18:59Well done, Connie!

0:18:59 > 0:19:01'In business, if no-one is looking at your products,

0:19:01 > 0:19:03'do what it takes to bring people over.'

0:19:03 > 0:19:06- £10.- I'll have one of them.

0:19:06 > 0:19:09We just sold one of the big ones straightaway.

0:19:09 > 0:19:11He just came and said, "How much are these? OK, I'll have one."

0:19:11 > 0:19:15'That's £10 in one hit, a great sale for Profiteroles.

0:19:17 > 0:19:21'Nearby, the girls have a steady stream of customers.'

0:19:21 > 0:19:22That's £4 change.

0:19:22 > 0:19:25£6 change.

0:19:25 > 0:19:26Sorry!

0:19:26 > 0:19:29'But the numbers seem to be getting on top of them again.'

0:19:29 > 0:19:32What's £3.25 add £2.75?

0:19:32 > 0:19:35Is it £6?

0:19:35 > 0:19:38I think that should be the right change.

0:19:38 > 0:19:41Girls, you need to give the right change to the customers.

0:19:41 > 0:19:44Otherwise, this is going to end in chaos.

0:19:44 > 0:19:46You know your pricing?

0:19:46 > 0:19:49You've got like 25p and 75p.

0:19:49 > 0:19:51That's causing you a change situation.

0:19:51 > 0:19:53Too much change to the customer means what for you?

0:19:53 > 0:19:55We're losing money.

0:19:55 > 0:19:57So how are you going to make it easier for yourself?

0:19:57 > 0:19:59Round it up to the nearest pound.

0:19:59 > 0:20:00I think that's a better idea.

0:20:00 > 0:20:02Would you like two of the same sort?

0:20:02 > 0:20:05OK, so that's £6, please, and I'll just give you your change.

0:20:05 > 0:20:07'Phew! No confusion there,

0:20:07 > 0:20:10'that's another £6 for your cash box.

0:20:10 > 0:20:14'It's halfway through, and over at Profiteroles' stall...'

0:20:14 > 0:20:15CONNOR SCREAMS

0:20:15 > 0:20:17'..Connor and Connie are selling hard.'

0:20:17 > 0:20:19I challenge thee!

0:20:20 > 0:20:24To be a great salesperson, you've got to become a character.

0:20:24 > 0:20:27Wear the hat, hold the sword, become a Viking!

0:20:27 > 0:20:29Get those customers to buy from you!

0:20:29 > 0:20:31Great demonstration, by the way.

0:20:31 > 0:20:32Thank you.

0:20:32 > 0:20:35'But not every Profiterole is getting into the fighting spirit.'

0:20:35 > 0:20:36Connie, just go out and shout.

0:20:36 > 0:20:39I don't really like going out and shouting.

0:20:39 > 0:20:40That's Connie's job.

0:20:40 > 0:20:44'But in this trading challenge, it's got to be all hands on deck

0:20:44 > 0:20:46'if you want to stand a chance of winning.'

0:20:46 > 0:20:49- You're uncomfortable about selling, aren't you?- No.

0:20:52 > 0:20:54I'm happy to sell on the stall,

0:20:54 > 0:20:57I'm just not so confident going out and about.

0:20:57 > 0:21:00This whole experience is about learning a new skill

0:21:00 > 0:21:02and putting your hand at something you've never done before.

0:21:02 > 0:21:06So why don't you have a go? You might actually really enjoy it.

0:21:07 > 0:21:09Would you like to buy any balloons?

0:21:09 > 0:21:11We've got our flails.

0:21:11 > 0:21:13We've even got a Viking buddy.

0:21:13 > 0:21:15I'm really proud of Alex.

0:21:15 > 0:21:16It's not easy selling,

0:21:16 > 0:21:20and if it's something that you don't enjoy, it can be quite frightening.

0:21:20 > 0:21:22But he's having a go and he sold.

0:21:22 > 0:21:23Well done.

0:21:23 > 0:21:26I feel little more confident coming out now, yeah.

0:21:26 > 0:21:28Hi, would you like to buy a balloon?

0:21:28 > 0:21:30We've got like flails and everything.

0:21:30 > 0:21:34'I spy someone else who needs to perfect their battle cry.'

0:21:34 > 0:21:36Would you like to buy a balloon?

0:21:36 > 0:21:39'Victores may have got off to a good start,

0:21:39 > 0:21:40'but they seem to have run out of puff.'

0:21:42 > 0:21:46Shall I show you how to really demonstrate your products?

0:21:46 > 0:21:48- OK.- Get it on.

0:21:48 > 0:21:49Give me a sword.

0:21:49 > 0:21:52Come and buy these fantastic things from me!

0:21:52 > 0:21:56Would you like one? They're all for sale here, only available today.

0:21:56 > 0:21:59So I'd now like you to do the same, please.

0:21:59 > 0:22:04The hats, £2.50, and the swords, £3.

0:22:04 > 0:22:07- Come and buy from me! - Come buy from me!- Woo-hoo!

0:22:07 > 0:22:10Would you like to come and buy one?

0:22:10 > 0:22:13- Would you like a helmet?- Do you want a helmet?- Yeah.

0:22:13 > 0:22:14We'll take two helmets.

0:22:14 > 0:22:17- OK.- Thank you.- Thank you.

0:22:17 > 0:22:20'Brilliant! Selling with confidence has got you £6.'

0:22:22 > 0:22:24Would you like to have it?

0:22:24 > 0:22:25Yeah, yeah, yeah, yeah.

0:22:25 > 0:22:29Maisie has just turned into a completely different person.

0:22:29 > 0:22:33She's got a voice and she's using it to sell!

0:22:33 > 0:22:34Come on!

0:22:34 > 0:22:38'30 minutes left, and both teams are selling well.'

0:22:38 > 0:22:39The hats are £2.

0:22:39 > 0:22:40I'll have a hat, then, please.

0:22:40 > 0:22:42Thank you.

0:22:42 > 0:22:45In fact, Profiteroles are selling so well,

0:22:45 > 0:22:47they've got a controversial business idea.

0:22:47 > 0:22:50Possibly thinking about putting our prices up a little,

0:22:50 > 0:22:52just whisper that.

0:22:52 > 0:22:56'With the other team just metres away, this is a risky strategy.'

0:22:56 > 0:22:58How much are the DIY packs?

0:22:58 > 0:23:00They are £5.

0:23:00 > 0:23:02We're just going to go and have a look over there

0:23:02 > 0:23:04and see what they're doing, then we'll make a decision.

0:23:04 > 0:23:08Profiteroles have just let a family of four walk to the other side

0:23:08 > 0:23:09to check out the competition.

0:23:09 > 0:23:13What I would've done is given a package and a deal to keep them.

0:23:13 > 0:23:16Profiteroles' higher prices are losing them sales

0:23:16 > 0:23:17all over the festival.

0:23:17 > 0:23:20Which one is best out of the two?

0:23:20 > 0:23:22Theirs is much more expensive.

0:23:22 > 0:23:25Do you want to come and check out our stall? Let's go.

0:23:25 > 0:23:29'Seeing the competition's prices and with a lot of stock left to shift,

0:23:29 > 0:23:32'Profiteroles need to change their strategy, fast.'

0:23:32 > 0:23:37They are selling some of the swords for £1.50, so we've used that,

0:23:37 > 0:23:39we're selling them for £1.

0:23:39 > 0:23:41The prices are plummeting quite fast now.

0:23:41 > 0:23:43High-quality balloons, only £1!

0:23:43 > 0:23:45Anyone want any balloons?

0:23:45 > 0:23:46All £1, over here!

0:23:46 > 0:23:48Thank you very much.

0:23:48 > 0:23:50Any balloon just £1.

0:23:50 > 0:23:51'Well done, Profiteroles.

0:23:51 > 0:23:54'Your lower prices have got you £5.

0:23:55 > 0:23:57'With just minutes left...'

0:23:57 > 0:24:01You better not pop this balloon or you owe us £1.50.

0:24:01 > 0:24:04'..both teams' stock is running out fast.

0:24:04 > 0:24:06'Every sale counts.'

0:24:06 > 0:24:09Just £1! Alex, get the money back in the till!

0:24:09 > 0:24:11Go, go, go!

0:24:11 > 0:24:12It's only £3.25.

0:24:12 > 0:24:15One pack, and this one.

0:24:17 > 0:24:20It was £17.75 and it was our biggest sale.

0:24:20 > 0:24:23'With a minute left, both teams are selling package deals

0:24:23 > 0:24:26'to clear their stock. Good work.'

0:24:26 > 0:24:28Do you want to try it on? We can give you a discount.

0:24:28 > 0:24:30£1.

0:24:30 > 0:24:31You've conned me!

0:24:31 > 0:24:34Ten, nine, eight,

0:24:34 > 0:24:37seven, six, five,

0:24:37 > 0:24:41four, three, two, one.

0:24:41 > 0:24:43Stop selling.

0:24:43 > 0:24:44Erik!

0:24:44 > 0:24:46BLOWS HORN

0:24:48 > 0:24:52Victores, can I have your cash tin, please?

0:24:52 > 0:24:54- Good luck.- Thank you.

0:24:54 > 0:24:57Profiteroles, please can I have your cash tin?

0:25:00 > 0:25:01Good luck.

0:25:07 > 0:25:12'They gave it everything they've got, but only one team can win.

0:25:12 > 0:25:16'Is it Victores or Profiteroles who've made the most money

0:25:16 > 0:25:21'and are in with a chance of trading their way to the USA?'

0:25:21 > 0:25:24We're standing in the Merchant Adventurers' Hall in York,

0:25:24 > 0:25:28where business has been carried out for the last 650 years.

0:25:28 > 0:25:32I've been watching both teams very closely for the last two days,

0:25:32 > 0:25:35and I have to say, I've been very impressed with what I've seen.

0:25:35 > 0:25:39Over 2,000 young traders applied to be in your position.

0:25:39 > 0:25:42Only 14 teams made it through this far.

0:25:42 > 0:25:45You should be very proud of yourselves.

0:25:45 > 0:25:48The team that makes the most money today wins the challenge,

0:25:48 > 0:25:52and only they stand a chance of trading their way to the USA

0:25:52 > 0:25:55and becoming Britain's Best Young Traders.

0:25:55 > 0:25:57The cash has been counted.

0:25:59 > 0:26:02Profiteroles, you took...

0:26:04 > 0:26:08..£163.80.

0:26:12 > 0:26:14Victores, you took...

0:26:21 > 0:26:24..£176.65!

0:26:24 > 0:26:26Congratulations, you're today's winners!

0:26:29 > 0:26:31I actually can't believe we did it.

0:26:31 > 0:26:33I'm just so excited.

0:26:33 > 0:26:36They deserved to win. We both got quite high ones,

0:26:36 > 0:26:39and I'm looking forward to seeing them if they get into the semis.

0:26:39 > 0:26:40It means the world to me.

0:26:42 > 0:26:43So happy.

0:26:44 > 0:26:47We definitely give it our all today.

0:26:47 > 0:26:48Couldn't really have done much more.

0:26:48 > 0:26:52Congratulations, Victores, that earns you a place

0:26:52 > 0:26:57on our leaderboard and the chance of going through to our grand final.

0:26:57 > 0:27:02Victores' £176.65 puts them at the top of the leaderboard,

0:27:02 > 0:27:05knocking Team Sterling and Top Dogs down.

0:27:05 > 0:27:08But will it be enough to keep them there?

0:27:08 > 0:27:13Because only the 14 that make the most money go on to fight it out.

0:27:13 > 0:27:15In business, there are times

0:27:15 > 0:27:18when you have the opportunity to learn a new skill.

0:27:18 > 0:27:20That can be a bit frightening.

0:27:20 > 0:27:23But if you're willing to have a go and run with it,

0:27:23 > 0:27:26you'll soon see that having a new skill can pay off.

0:27:26 > 0:27:29That's exactly what our winning team did today,

0:27:29 > 0:27:31and it's well worth remembering

0:27:31 > 0:27:33if you want to Trade Your Way To The USA.

0:27:35 > 0:27:40Next time on Trade Your Way To The USA, two more teams do battle.

0:27:40 > 0:27:43- That comes to £75, does it? - Somewhere around there.

0:27:43 > 0:27:45Fresh meat!

0:27:45 > 0:27:47Hand-made in Yorkshire!

0:27:47 > 0:27:49Come and buy my sausages!

0:28:03 > 0:28:06Subtitles by Red Bee Media Ltd