How Far In Advance To Give A Firm Price For Cake Orders?

Business By CatherineM Updated 1 Mar 2013 , 2:25pm by CatherineM

CatherineM Posted 1 Mar 2013 , 10:22am
post #1 of 3

I have a possible wedding cake booking for August 2014, for which I accidentally quoted a 2013 price, and I'm now thinking that ingredient prices may be quite a bit higher by then.  How far in advance are others prepared to quote a firm price?  Do people ever give a quote with a proviso that the price may rise a bit if ingredients prices have risen significantly?  I'd be really interested to know what others do.

2 replies
brenda549 Posted 1 Mar 2013 , 2:22pm
post #2 of 3

I quote prices according to my current pricing.  However, on my written quotes, I state that the quote is good for 30 days.  Once someone has signed the contract and paid a deposit, they are locked in.  If they do not pay a deposit by that time, the quote may be different based on any increases in cost for supplies.  I also state on my contract/invoices that any significant/major changes made after booking will reflect pricing at the time of the change. 


That being said, I look at my pricing once or twice a year to make sure I am still on point.  After 2 years, I have not had to change my prices because I have enough wiggle room to account for any fluctuations in the market, up and down.  However, this is easier for me since I am online only, no storefront, inventory, or employees to worry about. 


If your customer has not signed a contract or paid a deposit, I would just email and let them know you can honor the quote up to a certain date.  If they do not book by that time, adjust the quote to what you want to charge them.    

CatherineM Posted 1 Mar 2013 , 2:25pm
post #3 of 3

Thanks for your input, Brenda! 

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