Selling at the farmers market can be an enormous commitment to make. You will want to make sure that it is right for you. The best way to figure out whether or not it ‘s right for you is by talking with different vendors at the farmer’s market and seeing whether or not your business idea or products would fit. You can ask them any questions that you may have. However, once you have decided that it is for you, it is important to understand exactly how to make money at one. In this feature, we will be going over tips on how to make money at a farmer’s market.
Tips On Making Money At a Farmer’s Market:
1. Start Small.
The first thing that you are going to want to do is make sure that you can start small. By starting small, you will allow yourself with ample opportunity to grow without having to worry about getting rid of excess inventory, inventory going bad, etc. It is also important that you get the right insurance that you will need to sell legally at the market.
2. Accept Credit Cards.
One of the largest mistakes that a lot of businesses at a farmer’s market make is the fact that they do not set up credit card processing, so they are unable to accept credit cards from potential customers. Not offering credit card purchases eliminates a significant percentage of people that would buy from you right off the bat. You want all of the clients who you can get. Therefore, excluding customers is not something you will want to do. You can quickly sign up for a credit card processor or even a mobile processor to accept simple mobile payments.
3. Be Prepared.
You will also want to be prepared and stocked with all of your highest selling items. A lot of vendors will make the mistake of miscalculating demand and ultimately lose out on a lot of potential customers due to having insufficient stock.