Fruit Market Negotiation
Instructions:
Print out the Roles below for students. (with or without the fruit pictures for a visual reference) Each student gets a role of either a seller, or a buyer. Instruct the students that their role is a secret, and not to tell, or show the opposite role player their position. This Negotiation should take 15 minutes to complete, and a few minutes to go over the final prices and deals students made.
If students have never done a negotiation before explain that the Sellers, want to sell at a higher price... They should explain WHY their product is great and WHY the price is HIGH... Buyers, should buy the item at a LOW price and argue WHY the product should be at a LOWER price...
It may be helpful to give some ideas to students prior to beginning ... Buy 1 get one free... Buy 4 expensive items, get one cheap item for free... Eat a watermelon now to show good will...
END RESULT: Students that buy all the items are winners... AS both buyers and sellers goals are to buy and sell all the fruit.
Students should buy and sell items between $19.50 to $59... This is the optimal price for both the buyer and the seller. If cheaper than this the seller has lost money... If more expensive than this, the buyer should have gone to the supermarket to buy the fruit for a cheaper price.
Remember when doing these paired exercises it is imperative that there is no Chinese!!! Otherwise the class should not be taking part in paired activities...
Hope you Enjoy
Seller:
You are selling Fruit at an Out Door Farmers Market on a Friday. The Market will close in 15 minutes and any fruit sold must be thrown away as garbage because the next sales day is on Monday. Because of this you want to sell as much fruit as possible, and make as much money as you can. The Costs, and How Many fruits you have are shown below.
Watermelons: 5 left Cost: 2 dollars each
Apples: 10 left Cost: $ 0.25 each
Oranges: 8 left Cost: $ 0.50 each
Bananas: 12 left Cost: $ 0.25 each
Total Cost: $19.50
***Farmers Market = You Negotiate Prices with each customer!!!
Buyer:
You need to buy fruit for your Mothers birthday party tonight!!! The Farmers Market is usually Cheaper than the Supermarket but it closes in 15 minutes and the party is in 1 hour!!! You have 75$ to buy fruit for 10 people. Below is the list of fruits you need and costs at the Supermarket. If you cannot buy the fruit you need in 15 minutes then you must go to the Supermarket to buy the fruit for MORE money!
You need at least these fruits Or More!!! It’s a Party… The more food the Better!!!
Watermelons: 3 Cost: 6 dollars each
Apples: 8 Cost: $ 0.50 each
Oranges: 6 Cost: $1.50 each
Bananas: 10 Cost: $1.00 each
Total Cost: $41.00
***These Prices are for the Supermarket = More expensive
Print out the Roles below for students. (with or without the fruit pictures for a visual reference) Each student gets a role of either a seller, or a buyer. Instruct the students that their role is a secret, and not to tell, or show the opposite role player their position. This Negotiation should take 15 minutes to complete, and a few minutes to go over the final prices and deals students made.
If students have never done a negotiation before explain that the Sellers, want to sell at a higher price... They should explain WHY their product is great and WHY the price is HIGH... Buyers, should buy the item at a LOW price and argue WHY the product should be at a LOWER price...
It may be helpful to give some ideas to students prior to beginning ... Buy 1 get one free... Buy 4 expensive items, get one cheap item for free... Eat a watermelon now to show good will...
END RESULT: Students that buy all the items are winners... AS both buyers and sellers goals are to buy and sell all the fruit.
Students should buy and sell items between $19.50 to $59... This is the optimal price for both the buyer and the seller. If cheaper than this the seller has lost money... If more expensive than this, the buyer should have gone to the supermarket to buy the fruit for a cheaper price.
Remember when doing these paired exercises it is imperative that there is no Chinese!!! Otherwise the class should not be taking part in paired activities...
Hope you Enjoy
Seller:
You are selling Fruit at an Out Door Farmers Market on a Friday. The Market will close in 15 minutes and any fruit sold must be thrown away as garbage because the next sales day is on Monday. Because of this you want to sell as much fruit as possible, and make as much money as you can. The Costs, and How Many fruits you have are shown below.
Watermelons: 5 left Cost: 2 dollars each
Apples: 10 left Cost: $ 0.25 each
Oranges: 8 left Cost: $ 0.50 each
Bananas: 12 left Cost: $ 0.25 each
Total Cost: $19.50
***Farmers Market = You Negotiate Prices with each customer!!!
Buyer:
You need to buy fruit for your Mothers birthday party tonight!!! The Farmers Market is usually Cheaper than the Supermarket but it closes in 15 minutes and the party is in 1 hour!!! You have 75$ to buy fruit for 10 people. Below is the list of fruits you need and costs at the Supermarket. If you cannot buy the fruit you need in 15 minutes then you must go to the Supermarket to buy the fruit for MORE money!
You need at least these fruits Or More!!! It’s a Party… The more food the Better!!!
Watermelons: 3 Cost: 6 dollars each
Apples: 8 Cost: $ 0.50 each
Oranges: 6 Cost: $1.50 each
Bananas: 10 Cost: $1.00 each
Total Cost: $41.00
***These Prices are for the Supermarket = More expensive
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