How Much Should I Price This Particular Cake..would Be A First Order

Business By jiya11 Updated 2 Dec 2012 , 1:56pm by jiya11

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jiya11 Posted 26 Nov 2012 , 1:06am
post #1 of 10

AI had made a three tier buttercream cake with fondant decorations as a birthday gift. 10,8 and 6 with 10 being WASC with strawberry filling, 8 was red velvet with creamcheese filling and 6 was a chocolate with raspberry filling. When I estimated the cost, it was about $45. I had a guest call me to ask if she wanted an exact same cake in blue instead of the pink's, how much would it be. I am kind of lost! I said I will get back to her. I am in Orlando, FL and a home baker.

http://cakecentral.com/g/a/3268485/birthday-cake-photos/

9 replies
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jason_kraft Posted 26 Nov 2012 , 1:10am
post #2 of 10

AHow many hours did it take to make (including prep, baking, decorating, and cleanup)? How much did the ingredients cost?

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VKakes11 Posted 26 Nov 2012 , 1:15am
post #3 of 10

This is no way an insult, but you live in Orlando and you calculated that 3 tier to only $44? You're nice! haha...I would charge at least $70, even more.

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pmarks0 Posted 26 Nov 2012 , 1:20am
post #4 of 10

@Vkakes11 - I think the OP is saying her cost to make the cake is $45 but as Jason is asking, what were the other costs, because I believe that's her ingredient cost.

 

I can't speak for your area and such, but for me that would be about $250.  You have to include more than just ingredient costs.  You need to calculate how long it took for you to make it and include a labour cost, as well as overhead. and then calculate a profit margin.   My price is based on about $3.50/serving.

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nikki4199 Posted 26 Nov 2012 , 1:22am
post #5 of 10

You want to figure how much time you spent. Then price the value of your time into an hourly rate.. I am assuming the $44 was cost of product. Then you need to add your hourly rate plus shipping to the cost of materials.
 

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jiya11 Posted 26 Nov 2012 , 1:27am
post #6 of 10

AThanks for the prompt replies... $45 was the cost of the ingredients, cake boards dowels etc... Since I was working on it off and on.. I couldn't keep track but I would say atleast 5 hrs.. definitely more as I was a first timer in tiered cakes..

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jiya11 Posted 2 Dec 2012 , 4:40am
post #7 of 10

AI quoted $200 to a few people and their expressions were like "really?. For a cake?"

Oh well!

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JCakes99 Posted 2 Dec 2012 , 7:09am
post #8 of 10

That sounds like a fair price.  Especially in the beginning people will underestimate all the labor and hard work that goes into making a specialty cake.  If they don't want to pay it they can always go to their local baker and get something of a lesser quality and workmanship.

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JCakes99 Posted 2 Dec 2012 , 7:11am
post #9 of 10

$200+ sounds like a fair price.

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jiya11 Posted 2 Dec 2012 , 1:56pm
post #10 of 10

AThanks for the reassurance. I thought I over quoted. But then I didnt want any additional headache for less than $200

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