What is the going rate for cupcakes? Someone said $15/dozen but that seemed low. Someone else said $2.00 each which would be $24/dozen.
What is people charging for cupcakes and are people willing to pay it?
Looking at just buttercream, boxed mix cupcake (no filling) with small pick type decoration on top.
Thanks!
Located in Suburbs of Chicago
Thank you for all the honest, good natured answers. Seems all over the board. Did you hear of the company selling cupcakes out of the vending machine? It's $4.00-$5.00 a cupcake! But I believe that is NY City, so it would make more sense. Always more $$ in the city.
(*Sorry I didn't think of it first. LOL)
There is a baker in my WV town that sells one cupcake for $7.00. And I have one here now. She is my favorite baker. And they are always available, so more people than just me are buying them in this recession depressed WV area. This isn't even my target market. I go 10 minutes away to MD where the economy has remained stable the last few years.
My point is that sometimes a product defies demographics. This cupcake is vegan and is sold in a vegan/vegetarian restaurant. I am neither, but this town has only three good restaurants that are not chains. This restaurant is one of them.
I've tried to dissect this cupcake and it baffles me. I never buy sweets, but I went in for a salad to go and there it was again.
She has quite a few absolutely delicious desserts and they are all $6 to $8. A cookie is $5.
You have to find your place in the market, but then ingredients, convenience, delivery, and any other asset that your company has, can affect the final price. For this lady, she has an upper income clientele plus many health conscious diners. Her ingredients are higher too.
I Totally understand the higher ingredients part. I myself have celiac disease which prevents me from having Wheat/Gluten products. So, I try to help out my fellow friends who need allergy free products and that can be tricky pricing because we do need to charge more because the ingredients are so much higher.
Thank you to EVERYONE who posted such nice replies. Love this forum where people are happy to help eachother out.
My husband is a physician with many patients who suffer from celiacs disease. I just delivered my first gluten/bovine product-free cake today. After much trial and error, it was actually better than its wheat/dairy counterpart. And it happened to be my most expensive cake, a 9 inch four layer homestyle German Chocolate cake for $89.00. Even the ganache was just as good.
Pricing is difficult. You may want to read up on marketing, pricing to the local market, and do a practice businesss plan to make sure you don't leave anything out.
$4 for a cupcake sound really high to me. Basically a cupcake is about 1/2 a slice of cake isn't it?
A couple places in town get $3.50-$4 for a cupcake. I have had cupcakes from both places and neither has good cupcakes. They were both dry and bland. I wouldn't buy from either place again, i just had to see what the hype was about
What does it cost you to make one cupcake?
10 to 20 cents I'm estimating.
Homemade from box mix with buttercream.
$4 for a cupcake sound really high to me. Basically a cupcake is about 1/2 a slice of cake isn't it?
If something is truly special and has no equal....then there is nothing to compare it's price to.
What does it cost you to make one cupcake?
10 to 20 cents I'm estimating.
Homemade from box mix with buttercream.
If that's what you're making your cupcakes with, then yeah, $4.00 a cupcake wouldn't sit well with me. Gourmet ingredients and stellar decorating, now you're moving up in what you can price at,
SoFloGuy, you need to figure out the cost of your products. I know it's a royal pain, but estimating can work against you. After you know your cost, add in for overhead and labor. (Where's Jason when we need him?)
Crumbs in NYC sells their signature size cupcakes (6oz) specialty ones for $4.50
That's why I can't imagine why someone would pay $4 for a regular size cupcake.
SoFloGuy, you need to figure out the cost of your products. I know it's a royal pain, but estimating can work against you. After you know your cost, add in for overhead and labor. (Where's Jason when we need him?)
I'm just figuring the cost of the ingredients as a home bake and a newbie, I don't have the skill to frost a cupcake to look professional yet, but mine taste delicious enough to sell.
Crumbs in NYC sells their signature size cupcakes (6oz) specialty ones for $4.50
That's why I can't imagine why someone would pay $4 for a regular size cupcake.
Well, if you keep up with that kind of thinking, you won't do very well in this business I'm afraid. Unless you want to be stuck with super low pricing, and no creative freedom. I confidently charge at least twice, and in some cases 3 to 4 times what everyone else does in my area, and I am far from living in a big city or high income area. I'm pretty busy each week.
Crumbs in NYC sells their signature size cupcakes (6oz) specialty ones for $4.50
That's why I can't imagine why someone would pay $4 for a regular size cupcake.
Well, if you keep up with that kind of thinking, you won't do very well in this business I'm afraid. Unless you want to be stuck with super low pricing, and no creative freedom. I confidently charge at least twice, and in some cases 3 to 4 times what everyone else does in my area, and I am far from living in a big city or high income area. I'm pretty busy each week.
Your tone seems very pointed right now.
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