More about "lemonade stand game tips food"
OUR 11 BEST TIPS FOR THE ULTIMATE LEMONADE STAND
From thestartupsquad.com
Estimated Reading Time 5 mins
- SET YOUR PRICE, OR MAYBE DON’T! If your girl wants to set a price for her lemonade, make sure she accounts for all her costs to ensure she’ll make money on each cup.
- THE BEST LOCATION MAY NOT BE THE CLOSEST ONE. A lemonade stand starts strong if it’s located in a safe, accessible area with high foot traffic. Foe example, your front lawn, stoop, or driveway might be ideal if you live in a busy place.
- MAKE IT FUN FOR THE CUSTOMERS. How can your girl create memorable lemonade stand experiences for her customers? Think social media hashtag challenges for new and repeat buyers, incentives (like, free upsize on one’s birthday), and posters of lemonade puns that change daily (such as, I’m a young girl entrepreneur with this lemonade stand because it just makes cents).
- THE MORE EYE-CATCHING THE BETTER. Streamers, balloons, big signs, and cute pets are all great ways for her stand to catch people’s attention. Check out some of the bright and colorful lemonade stands on Pinterest and Instagram for inspiration.
- PRACTICE THE PITCH. What will your girl say to potential customers? Most kids get nervous talking to adults or strangers. Have your girl figure out what she’ll say to potential customers, write it down, then practice her pitch.
- GET THE WORD OUT. Aside from making a big, eye-catching display, get her a few customers by asking friends and family to stop by and support your girl. And don’t forget to spread the word on social media.
- OFFER PAYMENT OPTIONS. Cash is king. But joggers, walkers, and cyclists usually don’t have cash on them. Let your girl borrow your phone to use your PayPal and Venmo accounts to collect money from her more active customers.
- MANAGE THE PROCEEDS. Have your girl do the math to figure out how much she sold (her revenue), how much she spent (her expenses), and what is left at end (her profit).
- PLAN AHEAD. Two words. Business plan. It answers the ‘what’ and ‘how’ of a business. Need a template? Your girl can use our kid-friendly Startup Roadmap, and learn how to plan out her business and achieve the goals she sets.
- FIND INSPIRATION. Encourage your girl to do her research and be inspired by other girl bosses of lemonade stands. And we can help with the research! Check out our Girl CEO gallery and learn about the many girls who are already lemonade queens!
10 TIPS FOR A SUCCESSFUL LEMONADE STAND - GIGGLES GALORE
From gigglesgalore.net
- Location, Location, Location. We’ve heard it before but location is key, if you want your lemonade stand to earn lots of money you’ve got to pick the right location.
- Give It Some Curb Appeal. Sure you can throw out a card table and a few chairs, but a few extra details will go a long way to making your lemonade stand “stand-out!”
- Advertise. It’s no fun setting up a lemonade stand and waiting all day for customers to come. Teach your kids about marketing and the power of advertising by creating door flyers, posters and posting on social media.
- Be Creative, Think Outside the Lemonade Box. Don’t just limit yourselves to serving lemonade at your lemonade stand, consider offering additional treats for customers to buy.
- Quality is King. Don’t skimp on the quality, serve good lemonade that will keep them coming back for more. Now that doesn’t mean you need to spend days squeezing fresh lemons to have the best lemonade, you just need to make sure that what you are serving tastes good.
- The Price is Right. Don’t be afraid to charge a lot. People don’t buy for the lemonade, they buy because your kids are so darn cute! Honestly, who can resist a lemonade stand?!?
- Spread the Wealth. Now that you’ve priced it right, advertised and given your stand some killer curb appeal make sure you spread the wealth and share.
- Be Friendly and Polite. Talk to your kids before hand about what good customer service looks like. Remind them to use their manners and be friendly and polite.
- Set a Goal. Before you set up your stand set a goal to keep everyone on track. This also helps them feel a sense of pride and accomplishment when they reach the goal.
- Have Fun. Now that you’ve planned and created an extraordinary lemonade stand don’t forget to have lots of fun! That’s what this summertime staple is all about, having fun and being a kid, the extra learning and creativity is just an added bonus!
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