NABMA - The Voice of Local Authority Markets.

LOVE YOUR LOCAL MARKET 2013- THE BIGGEST MARKET EVENT EVER

Well the sun did not shine at the launch of LYLM 2013, but in every other respect the day was an outstanding success. 662 markets registered to take part, with around 3,500 market events spread over the fortnight of the campaign. This is the biggest nationwide celebration of markets that has taken place and the markets industry should be proud of its achievement.Prior to the launch on the 15th May we had a high profile Parliamentary Reception on the 30th April which gave us the opportunity to bring markets to Westminster. Despite the disappointment of Parliament having risen, prior to the Queen’s Speech, there was still a good attendance of MPs and representatives of all sectors of the markets industry. The Reception was hosted by Ann Coffey MP, Chairman of the All Party Parliamentary Markets Group, and addressed by DCLG Minister Mark Prisk, Councillor Geraldine Carter, Nabma President and Steve Pickering of Warrington Market. Nabma is indebted to one of our sponsors, Zapp Canopies, for creating a real markets atmosphere with a market stall which showcased a fantastic cake of Westminster with a market operating within its precincts. Alison Roberts from Warrington, who created the cake, received many plaudits for her work.Mark Prisk was also in attendance at Portobello and Golborne Road Market at the launch of LYLM 2013. Kensington and Chelsea had certainly worked hard to provide a great send off for this year’s campaign and they are hoping to attract 300 new traders during the fortnight of the campaign. Councillor Paget-Browns of Kensington and Chelsea welcomed everyone to the launch event and Mark Prisk congratulated the markets industry on providing opportunities for new entrepreneurs and building on the success of last year’s campaign. Award presentations were made to young traders and it great to see local schools and colleges in attendance and trying market trading for the first time.Nabma is very grateful for government support for LYLM 2013 and it is clear that officials at DCLG have caught the markets “bug” because they have plans to hold a market at Eland House, DCLG Headquarters, on the 23rd May. This promises to be one of the highlights of the fortnight.Last year we had around 400 markets taking part in LYLM 2012, so you can see that we have really worked hard to get more markets involved. According to a recent survey we have undertaken, around 30% of the markets joining have done so because of their engagement through social media.There is clearly a lesson here for the future and Nabma intends to place social media at the heart of its communications in future.During LYLM 2013 there will be lots of new ideas and initiatives introduced, but one of the most exciting projects that Nabma is looking to launch is a UK Markets Footfall Index. Last year we were able to report that LYLM made a significant difference to footfall in towns where LYLM was celebrated. In these towns footfall was up on an average of 10%. With the help of PFM and ROI we will be introducing a UK Markets Footfall Index. Initially it will operate on a trial basis for six months, but Nabma is hoping that it will be come a permanent feature of the markets industry.Nabma will also be evaluating the success of LYLM 2013. It is important we consider whether we have learnt the lessons from last year. It is hoped that the evaluation report will be available for our Annual Conference in September.It is too soon to make an announcement about 2014, but we are hopeful that we will be holding LYLM again. With this in mind Nabma is looking to appoint a LYLM Manager on a permanent basis to ensure continuance of the social media engagement and provide ongoing contact with the markets we have attracted to the current campaign.Nabma is indebted to the support of Ann Coffey MP, who has led the All Party Parliamentary Markets Group with great enthusiasm for a number of years, and to mark the beginning of LYLM 2013 Ann put down an Early Day Motion inviting members to congratulate the markets industry on its achievements and also urging MPs to visit their local markets. Nabma would ask all readers of MTN to urge their MPs to support this EDM.Next month more news from LYLM 2013 and also information about Nabma’s forthcoming Annual Conference.Graham Wilson OBEChief ExecutiveNabma

National Association of British Market AuthoritiesThe Guildhall, Oswestry,Shropshire SY11 1PZ.Tel: 01691 680713

Email: nabma@nabma.com

MARKET TRADERS GET MOBILE WITH INTUIT PAY

MARKET TRADERS GET MOBILE WITH INTUIT PAY

INTUIT WAIVES TRANSACTION FEE FOR MARKET TRADERS IN SUPPORT OF LOVE YOUR LOCAL MARKET

To celebrate the start of Love Your Local Market, Intuit has today announced an exclusive offer for market traders taking part in the initiative, to enable them to take card payments from their stalls with Intuit Pay.
Intuit Pay, which enables anyone to securely accept credit and debit card payments anywhere using a smartphone, tablet or computer, is being offered to traders at 1,500 of the UK’s local markets as part of the exclusive partnership deal.

As the UK’s local markets witness a revival in fortunes, traders are looking to new technologies such as mobile payment devices, to ensure they remain competitive. Intuit’s partnership offer aims to support the UK’s local market traders, ensuring they never miss a sale.

Love Your Local Market will be launched today at London’s Portobello and Golborne Road Market by Minister for Local Growth Mark Prisk MP. The initiative is a two-week celebration of market trading taking place across the UK, hosted by the National Association of British Market Authorities (NABMA) and supported by the Department for Communities and Local Government.

Intuit’s deal with Love Your Local Markets will offer the Intuit Pay Bluetooth chip and PIN card reader at half price to traders at local markets across the UK. Each trader using Intuit Pay will also benefit from £2,500 worth of free transactions for 90 days*.

Graham Wilson, chief executive of NABMA said: “Love Your Local Market is the biggest markets industry event for years. It gives markets the opportunity to attract new traders and show their importance to the local community.

“NABMA is delighted to be working with Intuit, who have proved themselves so successful in helping small businesses, and is grateful for their generous contribution to help both existing and new traders.”

Mark Little, UK MD of Intuit said: “Intuit Pay solves an important problem for the millions of small businesses in the U.K. who don’t currently accept card payments and so miss out on sales or prompt payment as a result. The UK’s market traders are a hugely important part of that small business community.

“Intuit is thrilled to support Love Your Local Market by offering this deal, which we hope will ensure the market traders across the UK can thrive.”

Intuit Pay is already being used by thousands of small businesses across the UK and can add real benefit to market traders who often miss out on larger value sales as customers carry less and less cash.

Sinead Kohler, Sinead Kohler, co-founder of the Crafty Fox Market found that Intuit Pay improved the takings at their market: "We found that customers spent more at the stalls using Intuit Pay, as they weren’t limited by the cash in their pockets”

Stacie Swift, owner of Stacie Swift Illustration has been using Intuit Pay on market stalls and found it a simple way of maximising sales: "Using Intuit Pay means I don’t miss out on people making ‘impulse buys’… I’m not the most tech-savvy person, but I found Intuit Pay really easy to set up and use."

OCR Loves All Your Local Markets

In these tough socio-economic times, it is hard enough for the big high street retail names to survive, never mind your local market traders. Oriental Carpets and Rugs has origins in the market, and now as a high quality, branded rug wholesaler, we pride ourselves on our continued and loyal relationship with market traders throughout the country. In fact, supplying to market traders is the life blood of the company, and as such, we as a company would like to fully throw ourselves behind the excellent movement that is ‘Love your Local Market.’
OCR urges the Great British public to go along to their local events and support their indigenous economy. By organising regional events, this is a great way to not only raise awareness of the markets, but to celebrate the uniquely British traditions and trades and to encourage younger generations to experience the hustle and bustle of market life. In this post-modern world we are so used to shopping in soulless, nondescript shopping centres which could be anywhere in the world. Now is the time to go outside and shop in colour; to feel the goods, to socialise, to haggle. All these are forgotten charms from another age pre-internet. Don’t sit in front of a computer to do your shopping, interact with other people in your area, try the local delicacies, touch the regional goods on offer  and come home feeling satisfied in the knowledge that you have supported your local people.
Go to Dewsbury Market, Llanelli Market and all the way to Birkenhead…Local Markets…we salute you!!

Ruth Oxley
Marketing and Branding at Oriental Carpets and Rugs
www.ocr-rugs.co.uk
info@ocr-rugs.co.uk
01782 747713

Nabma News May 2013

We are almost at the starting line. Love Your Local Market 2013 will be launched at Portobello and Golborne Market on the 15th May 2013, when we will be looking to involve over 500 markets and provide an opportunity for up to 3000 new traders to try their hand at market trading.The enthusiasm for this year’s campaign has been evident at all the Roadshows we have held this year and, since the last edition of Market Trade News, we have taken Roadshows to Loughborough, Bolton, Horsham and Carmarthern and seen examples of some wonderful markets.All the planning is now complete and between the 15thand 29th May lets celebrate what is good about markets and why markets are such an important part of local communities. Next month I will be reflecting on the success of LYLM 2013 and providing some of the highlights from the fortnight.Of course, it is important that in celebrating LYLM 2013 we do not take our focus away from other important market issues. I am grateful to colleagues from Kettering who drew my attention to the Land Registry Practice Guide 18 on Franchises, which is relevant to all market operators who rely on Market Charters.I have written previously about the continuing importance of market rights and the role played by Market Charters in preserving such rights. Previously a Market Charter was not capable of separate registration. This changed in 2003 and it was possible, from that time, to voluntarily register Market Charters. While the situation remains the same in terms of voluntary registration in the context of the provisions of Practice Guide 18, if registration is not undertaken then there could be an impact on the status of a Market Charter.At the moment, if you have a Market Charter then the Charter creates an overriding interest which binds the owner of the land. So, for example, if you have a Market Charter which gives the right to hold a market in a particular location, then the owner of the land is required to make the land available for use as market on the days and the times specified in the Market Charter.Under Practice Guide 18, unless the Market Charter is registered by the 12th October 2013 then there will be a loss of their overriding status. What this means for markets that operate under a Market Charter is not entirely clear, but the provisions of Practice Guide 18 do not take away the right to hold a market under the Market Charter and if the market has been held in a particular location for many years, then it is assumed that rights to use the land have arisen in a variety of different ways through, for example, custom and practice and long user.Currently I am looking at the requirements of the registration process to see what needs to be done to ensure that Market Charters are fully protected. Full information will be provided to Nabma members shortly on this important issue, but any market operator using a Market Charter need to be aware of this important issue and seek advice on how it affects their particular market.We are just about to start on the Annual Survey of Retail Markets. Nabma has conducted this survey for the last two years and it has provided a very useful barometer of the state of the markets industry. Last year we had around 300 markets included in the survey. We are hoping that we can significantly increase that number this year. If you want to participate please let me know at nabma@nabma.com.Information on the results from the last two years can be found on the Nabma website at www.nabma.comReturning to Love Your Local Market, I want to express thanks to colleagues all round the country who have staged Roadshows and worked hard to promote LYLM 2013. When we started on the first LYLM campaign in 2012 we were keen to show that markets could play a significant role in helping revitalise the High Street. We have succeeded beyond expectations. If only the other elements of the Portas Review were as successful as LYLM then we would be looking at a very different prospect for the future of the High Street.Graham Wilson OBEChief ExecutiveNabma

National Association of British Market AuthoritiesThe Guildhall, Oswestry,Shropshire SY11 1PZ.Tel: 01691 680713

Email: nabma@nabma.com

 

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