We are asked quite often how easy is it to start a business running a market stall…. so we thought we’d write a blog with some info on how you can get started!
First, & most importantly, it’s a really useful, low-cost, and low-risk way of testing a new business idea, whether that’s a product or a service.
You need little capital investment, no long-term commitment, and low stock levels. It’s also a brilliant source of instant feedback from customers and potential buyers.
We’ve put together seven basic steps to get you started:
1) Choose a location for your stall – It’s really easy to do a quick internet search for various markets to find an appropriate place to sell your product or service. Be really specific about who your customer is – age, location, interests, career. For example, if it’s a gardening product, good starting places might include flower shows, local farmers markets or festivals in rural locations. Visit the places on your shortlist to get a better feel for them, as websites might not always convey a realistic image.
2) Contact the market manager. There are many specialist arts and crafts fairs across the UK, ranging in price from £10 to over £500. Some are weekly, while others are annual events organised by specific organising companies. Many operate at weekends so it can be possible to test out your business idea without quiting a regular job while you get going. Several market organisers hold events across the UK, throughout the year. Don’t leave it until the day before the event to contact the market. Plan well in advance and find out the cost, terms and availability – there can be high demand for places at craft markets in good locations, and booking in advance is required. Traders may have to provide additional certification – public liability insurance (£96 per year, obtainable from the National Market Traders Federation amongst others) is pretty much standard, and you could need a basic food hygiene certificate to be allowed to sell food products, like hand-made cakes.
3) Be creative with your display. Once your stall is booked, find out the measurements (including height) and what equipment is included, for example, a table, chair, roof covers or power supply (you may have to bring an extension lead and lighting with a plug attached to light your stall, especially in the winter). Try to make it as visually appealing as possible to attract attention. Visit the market beforehand to get ideas from other stalls. Plain coloured sheets or fabric (from local market stalls or fabric shops) clipped over the top and across the back and sides can give a nice blank canvas to let your product really stand out. DIY stores are a good source of hooks, clips and chains to help display products. Think about using wooden boxes or a lightweight bookshelf to stand products at different levels. If you’re outdoors, ensure the display is protected if the weather is rainy or very windy. Tarpaulins are really handy to take with you for use as a windbreaker clipped around the back of the stall. If you’re under cover but still outside, shower curtains are always handy as they’re so lightweight and add a layer of waterproofing to the top of the stall.
4) Use signs to give a professional impression. This should include a basic main sign containing company name and/or logo. You can print it out on a normal ink jet printer and frame the sheets in a nice frame. Or show your creative flair by sewing or hand-making a banner. Other signage can include a short biography, product price list, and also nuggets of information about your product that might prompt them to ask for more details.
5) Important extras – If it’s an expensive product that customers might want to think about before buying consider ordering a small run of business cards. They’re cheap and widely available online. You could also hand out information on a leaflet. Take appropriately-sized carrier bags to package your products for customers – if you use paper carrier bags they can also be used to market your name by stamping them with your company logo or stapling on a business card. The final prep step is payment. Make sure you have a secure, comfortable bag or moneybelt to collect the cash, and adequate supplies of coins and notes if needed. Make a list of everything you sell.
6) Go and sell your product! Always be friendly. A warm smile & genuine enthusiasm in your product go a very long way! Acknowledge potential customers that visit the stall, and be approachable if they need more information. Depending on the product and location you will get a feel for whether you need to nudge people to try the product – eg. a hand cream. A tester is a great icebreaker and allows the customer to try it before buying. If it’s something that the customer can try on, like clothes, jewellery, or bags, take a mirror so they can see how the product looks.
7) Be prepared for, but don’t be offended about, customers attempting to haggle or ask for discounts. If you don’t want to give discounts that’s fine – just do it with a smile!! And don’t give up if you don’t sell out on the first day! This NEVER happens & it can take a while to build up trust with people, and develop your style of selling.
Good luck!! And let us know how you get on!
























Featured