Advice on pricing

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Permalink Reply by Deah on February 23, 2011 at 9:14am

Everyone had their own formula but you must know how much the cake actually costs you - ingredients, electricity, special tools, etc.  Then, you need to account for your time and determine a proper rate of pay for your efforts.  You also need to consider overhead costs like insurance, rent, etc. 

 

Don't short change yourself on your time.  If you are giving up an evening with the family you need to make it worth your sacrifice.

 

 

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Permalink Reply by shay smith on February 23, 2011 at 9:56am

That's the best advice ever and that's how I do feel I should price a lot people say well oh well its just making cake this is very time consuming people are very inconsiderate to what it takes but thank you so much for the advice..Lol some days I feel like I'm back in the Police Academy working lol

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Permalink Reply by Deah on February 23, 2011 at 10:03am

If people don't want to pay your price they are welcome to run over to the local grocery and pick up a cake there.  After all "it's just a cake"  LOL!

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Permalink Reply by shay smith on February 23, 2011 at 10:50am

Exactly and that's my motto that I used...And they have to remember walmart doesn't do homemade lol

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Permalink Reply by Julycious cakes on February 23, 2011 at 11:14am

I made a 2 tiers Christening cake with rapsberry white chocolate mousse between the layers, covered with fondant. I've called a pastry shop and ask for the same thing. The lady told me that they only put butter cream between the layers or she could put a bit of rapsberry jam...I was really surprise to ear that, they do wedding cake for god sake! But she told me $4,50cdn per person. So the cake I made was $90 (without the mousse) and I charge $65...

You can be sure I'll charge more next time.

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Permalink Reply by shay smith on February 23, 2011 at 12:50pm

I have don't that a quite few times myself my husband always tells my to charge more I guess I'm a lil under confident with the pricing because I am just starting off but my end results always amazes me and than I'll be mad at myself for not charging more for instance I did an pregnant belly cake my friend owns a shop out here and she too only uses butter cream in her shop so confusing to me because I would explore with different flavors any who she told me I should've charged about 80 to 90 bucks when I only charged 45 I guess I'm going to have to stop second guessing myself..

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