Too Much Or Not Enough?

Business By thecookieladycc Updated 21 Jul 2009 , 5:38pm by indydebi

thecookieladycc Posted 20 Jul 2009 , 2:27pm
post #1 of 12

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.




http://img294.imageshack.us/img294/1258/dsc05244.jpg
$80

http://img300.imageshack.us/img300/3124/dsc05065.jpg
$45

http://img17.imageshack.us/img17/7830/dsc05150h.jpg
$100

http://img405.imageshack.us/img405/3144/dsc05229q.jpg
$45

11 replies
Gingoodies Posted 20 Jul 2009 , 2:45pm
post #2 of 12

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.

PinkZiab Posted 20 Jul 2009 , 2:49pm
post #3 of 12

I would say not NEARLY enough... esp given the flower work... you need to up the #'s BIG time.

1234me Posted 20 Jul 2009 , 2:50pm
post #4 of 12

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.

indydebi Posted 20 Jul 2009 , 2:51pm
post #5 of 12

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.

cylstrial Posted 20 Jul 2009 , 3:13pm
post #6 of 12

You definitely need to charge more. There's no way you can be making a good profit charging $45. Up your prices!

thecookieladycc Posted 20 Jul 2009 , 8:41pm
post #7 of 12

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. icon_biggrin.gif

cupcakemkr Posted 20 Jul 2009 , 8:47pm
post #8 of 12

not super confident...are you kidding me! Your work is beautiful START CHARGING MORE!!!

Good luck

LaBellaFlor Posted 21 Jul 2009 , 4:32am
post #9 of 12

Ummm, love your work & I have no problems buying your cakes & selling them at MY prices. Woo, hoo, no work & huge profits! icon_wink.gif

FromScratch Posted 21 Jul 2009 , 1:46pm
post #10 of 12

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.

HPChick33 Posted 21 Jul 2009 , 4:13pm
post #11 of 12

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!

indydebi Posted 21 Jul 2009 , 5:38pm
post #12 of 12
Quote:
Originally Posted by Cyndi33

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.

Quote by @%username% on %date%

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