Hi Steve,

I have a quick question. I was recruited to sell hot dogs for an event taking place this coming Saturday, May 24th.  It is a First Annual Run for Addiction, which has morphed into a bigger event which includes, in addition to the run with over 175 registered runners, a family fun day complete with bounce houses, face painters, balloon artists, magic shows, a stage for dance demonstrations, martial arts, etc, . . . and a bunch of vendors representing local businesses.

It’s an all afternoon thing now. There are only two food vendors, myself and a funnel cake/dessert truck. No one seems to have any idea of exactly how many people to plan for, but from the way this event has grown from a simple run to all this other stuff because everyone wanted to get involved, it’s definitely much bigger already than anyone originally thought. 

The facebook “likes” for this event are close to 700—don’t know if that means anything or not. My question is. . .if anyone can help here. . . how do I even begin to know how much food to take? I’ve never worked an event like this before–so I can’t draw from experience, and while I’m really excited about it, I don’t want to buy/take so much food that I end up with a ton left, nor do I want to get out there and find out I could have sold 200 more hot dogs. What to do???

Thanks for your help. I love reading all your posts and value the collective wisdom of all those seasoned slingers out there.

Sincerely,
Lynelle
Cool Cats Hot Dogs

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Hi Lynelle,

Here’s how I see it. There is an easy option (A) and a more difficult option (B).

The easy option is only available to you if you run your hot dog cart daily, or at least a few time a week. The answer in this case is to take a LOT of food, knowing that if you don’t sell out you can move it from your cart in a few days.

The difficulty comes into play if you don’t sling hot dogs very often. In this case you must plan much more conservatively, otherwise you will have a bunch of product in your deep freezer that you won’t be able to sell.

Based on what you have told me about the event, I would bring:

A. Enough product to serve 600 meals and be prepared to bring product home.
B. Enough product to serve 200 meals and hope to sell out.

As you can see, there are big advantages to getting out there as often as possible. You can afford to take bigger risks at events like this because you can move any unsold product very quickly at your daily gig. That increased risk tolerance allows you to maximize your earning potential.

But that’s just the tip of the iceberg…

  • You will build your brand faster
  • You will stay in the forefront your customers’ minds
  • Your set up and tear down go much smoother
  • Your business benefits from the natural momentum
  • You will have a much more stable and predictable cash flow

OK my seasoned slingers, what would you do in Lynelle’s situation? Let us know in the comments!

-Steve

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