I'm pretty new at doing cakes (Only been doing it for a few months now) and I'm having a real hard time with my pricing. My hubby thinks that I'm not charging near enough and I feel like I'm charging too much. I have a feeling that I'm going to get yelled at one way or another. I just really need to hear from other cake makers who have been doing this for a while.
IMHO... NOT ENOUGH! You should be charging more. You have a lot going on, and you are probably putting a lot of time into your creations. It's hard to determine the sizes of your cakes, but charging per serving is a good way to go. Plus adding for extra details.
I would say not NEARLY enough... esp given the flower work... you need to up the #'s BIG time.
you need to charge more. Your cakes are covered in fondant and need to sell at the minimum of $2 per slice and I would say MINIMUM. From the prices you posted, I don't see how you are making any profit on those. They are beautiful! Your work is definetly worth more.
assuming your 3 tiers are only 6/8/10, which serves 74, times my $4.50/serving rate for fondant = $333
So yeah ..... your $80 price is WAY off.
You definitely need to charge more. There's no way you can be making a good profit charging $45. Up your prices!
Thank you all. I think that my main issue has been that because I am so new at this I'm still not super confident with my work. But I think that from now on I will defiantly start charging more.
not super confident...are you kidding me! Your work is beautiful START CHARGING MORE!!!
Ummm, love your work & I have no problems buying your cakes & selling them at MY prices. Woo, hoo, no work & huge profits!
Oh goodness...no NEARLY enough. You can't be making anything for your time... I'm betting you are barely covering ingredients most of the time.
Those prices are way too low!!! You know, I've been working in the College of Business Administration at a major University for about 2 years now, and one of the most valuable lessons I've learned is that men still make more than women (while performing the same job) because men demand fair compensation while women tend to take what they are given. Your work is lovely, and you deserve to be compensated for it. Look at what other cake designers in your area charge....I guarantee they are making a much sweeter profit.
You are very talented....listen to your husband!
because men demand fair compensation while women tend to take what they are given.
...because women are taught to "be nice", and not cause trouble, don't make waves, blah blah blah.