How Much Would You Charge?

Decorating By passion4baking Updated 11 Aug 2013 , 1:28pm by passion4baking

passion4baking Posted 7 Aug 2013 , 5:21am
post #1 of 27

AA pillow cake that serves 20 people. The pillow cake would be covered in fondant, have a bow on top, with diamond criss cross and those pearl beads. How much would you charge?

26 replies
ApplegumPam Posted 7 Aug 2013 , 6:00am
post #2 of 27

Dollar Fifty
 

Claire138 Posted 7 Aug 2013 , 6:12am
post #3 of 27
Quote:
Originally Posted by ApplegumPam 

Dollar Fifty
 

 

icon_biggrin.gif That gave me a great laugh to start the day with!

Godot Posted 7 Aug 2013 , 6:47am
post #4 of 27

AStop undercutting.

Charge at least $19.99.

ApplegumPam Posted 7 Aug 2013 , 6:50am
post #5 of 27
Quote:
Originally Posted by Godot 

Stop undercutting.

Charge at least $19.99.


Blame the Aussie Dollar   :P

bubs1stbirthday Posted 7 Aug 2013 , 6:59am
post #6 of 27

Not to be rude but all those prices are well under what you should be charging. You need to factor in all your time - research (including price researching which will be quite a few hours) and I would say you are looking at a price round the ballpark figure of 1 x cow 2 goats and 1 chicken.

 

Just Kidding but in all seriousness there are plenty of helpful threads - you just need to look them up and work out the formula as it applies to you. No one but yourself can answer the question you have asked. Good Luck.

MimiFix Posted 7 Aug 2013 , 12:22pm
post #7 of 27
Quote:
Originally Posted by ApplegumPam 

Dollar Fifty

 

Oh, please. A neighbor lady will do it for less.

Godot Posted 7 Aug 2013 , 12:24pm
post #8 of 27

ABwahahahah.

Claire138 Posted 7 Aug 2013 , 12:42pm
post #9 of 27
Quote:
Originally Posted by Godot 

Bwahahahah.

^^^^^^^^

manddi Posted 7 Aug 2013 , 1:05pm
post #10 of 27

A

Original message sent by bubs1stbirthday

Not to be rude but all those prices are well under what you should be charging. You need to factor in all your time - research (including price researching which will be quite a few hours) and I would say you are looking at a price round the ballpark figure of 1 x cow 2 goats and 1 chicken.

Just Kidding but in all seriousness there are plenty of helpful threads - you just need to look them up and work out the formula as it applies to you. No one but yourself can answer the question you have asked. Good Luck.

Ha!

BatterUpCake Posted 7 Aug 2013 , 1:09pm
post #11 of 27

Seriosly though, everyone is being silly because that question comes up almost every day. No one can tell you what to charge. Please use the search feature to read the numerous threads on the topic.

jgifford Posted 7 Aug 2013 , 8:15pm
post #12 of 27

If you have to ask, you're not ready to sell cakes. icon_wink.gif

IAmPamCakes Posted 7 Aug 2013 , 9:28pm
post #13 of 27

AGood point, jgifford. :-)

ApplegumPam Posted 7 Aug 2013 , 10:38pm
post #14 of 27
Quote:
Originally Posted by jgifford 

If you have to ask, you're not ready to sell cakes. icon_wink.gif


THIS  ^^^^

shanter Posted 7 Aug 2013 , 11:53pm
post #15 of 27

Here are two good articles on how to price a cake:

http://jasonkraftblog.wordpress.com/2013/05/14/the-magic-pricing-formula/

http://www.cakeboss.com/PricingGuideline.aspx

 

You can also put "cake price" in the search box at the top of the page, hit Enter, and the results will be shown (at the left) as threads, posts, etc. Tons of information is already on CC.

passion4baking Posted 11 Aug 2013 , 1:02am
post #16 of 27

AI thought I would ask since I quoted her 80 for it and she thought it was too much so I wanted to see what some of you had to say.

BatterUpCake Posted 11 Aug 2013 , 1:08am
post #17 of 27

Just because she is a cheapskate or can't afford your cakes doesn't mean you are undercharging. If you have figured in time X hourly wage, materials and overhead and that cake costs $80 then it cost $80. I never made a pillow cake..but $4 a serving sounds low to me. With fondant, quilting, beading. Yeah real low

 

Don't know why I have lines through my words, but it adds an element of coolness to it, don't you think?

evenstar360 Posted 11 Aug 2013 , 1:20am
post #18 of 27

AI agree. You are not only charging for the cake and materials but for skill and artistry as well!

passion4baking Posted 11 Aug 2013 , 1:22am
post #19 of 27

AI thought it was a good price since right now I'm doing this like more of a hobby than a business. I've been doing a lot of research before I do decide to start a business. I think they don't understand how much work goes into making cakes.

BatterUpCake Posted 11 Aug 2013 , 1:29am
post #20 of 27

No one does. First you need to see if it is legal for you to sell food without a license in your area. You set yourself up for lawsuits and other troubles if you are not. Secondly, just because you are a hobby baker does not mean your should charge below market value. That is a really hot topic. You look at it as putting a little extra cash in your pocket, those that do this full time as a sole source of income look at it as you taking food from their kids mouth. I didn't see it that way either and was grossly undercharging at first. When it was explained to me that way I seen their point of view. Besides if your work is professional enough to sell why should it cost less?

passion4baking Posted 11 Aug 2013 , 1:37am
post #21 of 27

AThank you for the advice. I live in california so we have a cottage food law. I'm looking into getting licensed and getting insurance too.

kikiandkyle Posted 11 Aug 2013 , 4:30am
post #22 of 27

AAre you selling this cake to a friend or relative or is it a stranger? When you sell to friends and family you have to charge what you're comfortable charging, that may be market price or it may not. If you're selling to a stranger but don't yet have a legal setup, you are going to run into customers that think they should get a cheaper cake if they're getting it from someone who's just doing it on the side because quite a lot of the people who do their cakes from unlicensed kitchens charge pennies to just make what they think is a quick buck. Your customer can take her champagne taste on a beer budget to one of those lucky chumps.

BatterUpCake Posted 11 Aug 2013 , 4:51am
post #23 of 27

There has to be a way to tactfully educate a customer why your cakes are worth more than walmart and Craigslist bakers. I am going to start freezing cuppies from leftover batter to give at consultations. Just 3 or 4 of my customer's favs

passion4baking Posted 11 Aug 2013 , 5:09am
post #24 of 27

A

Original message sent by kikiandkyle

Are you selling this cake to a friend or relative or is it a stranger? When you sell to friends and family you have to charge what you're comfortable charging, that may be market price or it may not. If you're selling to a stranger but don't yet have a legal setup, you are going to run into customers that think they should get a cheaper cake if they're getting it from someone who's just doing it on the side because quite a lot of the people who do their cakes from unlicensed kitchens charge pennies to just make what they think is a quick buck. Your customer can take her champagne taste on a beer budget to one of those lucky chumps.

A girl I went to hs with asked for her friend so I thought I'd give it to them for 80 but all she responded with was ok. I think they think that cakes cost pennies to make. I come from a line of family and friends who want champagne on a beer budget.

BatterUpCake Posted 11 Aug 2013 , 5:15am
post #25 of 27

well did she say ok or it was too expensive? If she says no it is too expensive recommend she get a few more estimates. More than likely she will find someone on CL to do it for $40.She will then get a $40 cake. Let her learn for her mistake.

AZCouture Posted 11 Aug 2013 , 6:27am
post #26 of 27

A

Original message sent by passion4baking

I thought I would ask since I quoted her 80 for it and she thought it was too much so I wanted to see what some of you had to say.

When you can say (to yourself) that it's not too much, without batting an eyelash, [B]then[/B]you are ready to sell.

passion4baking Posted 11 Aug 2013 , 1:28pm
post #27 of 27

A

Original message sent by BatterUpCake

well did she say ok or it was too expensive? If she says no it is too expensive recommend she get a few more estimates. More than likely she will find someone on CL to do it for $40.She will then get a $40 cake. Let her learn for her mistake.

She respinded with a " we are shopping around for a cake and getting prices" so I told her "ok if you do decide to get it from me let me know with a few weeks notice so I can fully prepare", and that was it. This happened wednesday and haven't heard anything so I'm guessing she thought it was too much. [CENTER][/CENTER]

Quote by @%username% on %date%

%body%