market presentation - my little love heart
TRANSCRIPT
Homegrown and Local Markets
A beginners guide on everything you need to do to be prepared for your first market
Prepared by;
Luisa FigueroaMY LITTLE LOVE HEARTwww.mylittleloveheart.com.au
Table of Contents
Applying for MarketsPaperworkEquipmentOpen & CloseSignage, Layout & Visual MerchandisingNetworkingMoney and Customer ServiceWorst Case ScenarioMajor Recommendations
Applying for Markets
• When applying for markets be aware that they can vary in pricing from free to $400.
• The first Market you should do should be a smaller, indoor market.
• When applying for markets, provide pictures of your products and detailed descriptions.
• On acceptance, pay the fee promptly and provide any additional documentation i.e. insurances
Paperwork
• Some markets can be very paperwork intensive, make sure you read all documents relating to the Market.
• Some of the paperwork requested are insurance documentation, documentation authorising the sale of food, gazebo engineers report, and sunday trading commerce certificate
• Each Market requests different information so read all instructions carefully
Equipment• Each Market is different so you will require different
equipment for each market.
• Highly recommend that you visit other Markets and see what other exhibitioners use at their stalls.
• Review other markets for equipment ideas
Indoor• The Following items are a must for Indoor Markets;
• Trolley, Folding Tables & Chairs, Plain Table Cloth, Shelves, Bags and packing (environmental friendly)
Outdoor• All the same equipment as an indoor market plus the
following;
• OzTrail 3 x 3 Gazebo & Weights and walls, Lighting - Battery or rechargeable.
Open & Close
• Read all information from the market coordinators.
• Be practical on what you are bringing to the market.
• Be on time for your “Bump In”, which is the time you are required to go and unload your vehicle.
• Park in the designated parking spots
• Only use your designated space, don't creep over into other stall holders designated space.
• Respect the closing time and stay until closing, leave the site as you found it.
Signage, Layout and Visual Merchandising
Signage
• Make sure you signage is the same as your social media signage, that its professional and clear to see.
Layout & Visual Merchandising
• Keep your layout as standard as possible for each market, this will enable you to load in, set up and load out quickly.
• Review other Markets for ideas on layout and try not to crowd your display.
• If possible, have tier levels and possibly adding lighting
Networking
• Markets are a lot of hard work but they can be very social too. When setting up introduce yourself to your “Neighbours” and try and meet other stallholders at the market.
• Other Stall holders can give you valuable information on other markets that have worked for them and other ideas about promotion.
• Promote the market through social media
Money & Customer Services
• The change you keep depends on the pricing of your goods and be confident with your pricing
• Be prepared and have a lot of change, keep it in a safe place at all times.
• Have a receipt book and order sheets handy
• Stand up, make eye contact and don't use your phone and try to talk to your customers
• Have Business cards with easy to reach for customers
• Have a calculator and packaging ready
• Every person is a potential sale !
Worst Case Scenario
• Always be prepared for the worst, as one of the below will sure to happen.
• Weather, you can and will get extreme weather conditions, be prepared and check the weather conditions before leaving home.
• Customers, there will be markets where you have rude, happy, angry and even no customers. Remember you are the face of the business so always be professional with your customer service
• Sales, or lack of sales, keep on persisting, every market is different and surprises will happen.
• Issues, go and see the Market Co-ordinator, they are there to help and would have encountered your problem before.
Major Recommendations
Here are a few recommendations I suggest you do.
• Do a trial stall at home, work on your layout, visual merchandising, where you will pack your items and have your change.
• Bring as much product as you can, you never know, you could have a fantastic turn out and you don't want to be turning customers away.
• Bring some snacks and water for yourself, you may be stuck at your stall for a long period of time.
• Have fun !