Throughout the afternoon, the lemonade supply would run low and one of the kids would come inside to mix another batch.Ī few cars rolled up and got the kids to serve them from their car window. Many customers wanted to know if the kids were raising money for a particular purpose (it was for a Nintendo 3DS). About 70% of customers told the kids to keep the change.
#LEMONADE STAND FOR KIDS EXPLAINING MARKETING HOW TO#
Running the lemonade stand was not particularly good for learning how to give change. This gal pictured was overjoyed to have found a lemonade stand, and left the kids a monster tip. I think it would have been very difficult to attract customers without a major road nearby. The first two customers arrived almost immediately, followed by a string of busy and slow times. at least until Gordon Ramsey showed up and chastised everyone for drinking our own product. Plenty of lemonade was consumed by myself and these two entrepreneurs. Open for business! We actually had two types of lemonade available. The ice was kept in an ice chest until it was scooped out for a drink. This was enough to shade the kids and the table. It was very sunny and hot, so I hauled two patio umbrellas from the back to the front yard. If I had planned ahead, I could have sent a group invitation out to Facebook friends. To direct motor traffic to our house, I set up a couple of large signs on the major road near our house.
The kids considered a few different prices for lemonade, settling on 50¢ a cup. I think starting with cold water is essential to delivering good lemonade. We had a three-gallon supply of water chilling in the refrigerator and freezer. I believe it uses sucralose as a sweetener.Įach $1.74 box contains 6 packets, and each packet makes two quarts of lemonade. We used Target's Market Pantry brand of lemonade-flavored drink mix. Rainbow loom bracelets were introduced as a sideline to the lemonade sales. I asked my daughter to help me write up a business plan, which turned out to be a shopping list. No otherwise-fun activity is complete without ruining it with a bunch of lessons. This summer, I finally helped my kids get one started. I've been a fan of lemonade stands for a long time.
How to Set up a Lemonade Stand for your kidsĮasy steps to a surprisingly profitable retail enterprise
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