How Would You Price This?

Business By CupcakesByTyph Updated 21 Jan 2015 , 6:38pm by ellavanilla

CupcakesByTyph Posted 20 Jan 2015 , 6:01pm
post #1 of 8

AI've never made a cake (on my own that is) like this. And idk how to price it. Any suggestions?

[IMG]http://www.cakecentral.com/content/type/61/id/3323214/width/200/height/400[/IMG]

7 replies
Jedi Knight Posted 20 Jan 2015 , 6:46pm
post #2 of 8

AHow many portions do you need? Have you added up all your costs, including overhead, ingredients and non-edibles (boards, boxes, supports, etc)? How much time do you estimate that this project will take?

jgifford Posted 20 Jan 2015 , 11:08pm
post #3 of 8

If you don't know how to price it, you shouldn't be selling it.  I'm not trying to be mean, but pricing is something you should have in place before you even start.  As far as priorities go, it's right up there with knowing how to turn on an oven. 

 

How do you price your cupcakes - - by the going rate or have you researched your costs and time?  Think of it as 50-60 (servings) cupcakes all smooshed together and your decorating time all spent on one big one instead of 50-60 individual pieces.  Check with bakers in your area and make sure you're not undercutting them.  Your price needs to be comparable.

Gingerlocks Posted 21 Jan 2015 , 4:40pm
post #4 of 8

Quote:

Originally Posted by jgifford 
 

If you don't know how to price it, you shouldn't be selling it.  I'm not trying to be mean, but pricing is something you should have in place before you even start.  As far as priorities go, it's right up there with knowing how to turn on an oven. 

^^She's right; you really need to know your numbers before anything gets sold. This question is probably asked daily on here, so there are many, many, many pricing threads to search through. 

-K8memphis Posted 21 Jan 2015 , 4:52pm
post #5 of 8

sure in a perfect world that's a perfect way to do it  but otherwise i firmly disagree -- tons and tons and tons and tons and tons of us started out this way (not referencing you op -- nothing personal just speaking in general) not knowing our butts from a hole in the ground  --

 

for that cake i would set a number of about $350 for a minimum because after you tell them the price they say well i only need half those servings and they expect you to do the exact same amount of work in miniature for half the price -- agh no -- and $350 is on the low side probably nevertheless something like that -- so $350 minimum regardless of the size --

 

then according to the servings of the cake they order i'd say $8 - $10 a serving -- the picture looks to be about an 8x6 --

 

you need to charge close to or more than the nicest bakery in your area -- 

 

best to you

-K8memphis Posted 21 Jan 2015 , 4:57pm
post #6 of 8

you know you're gonna be making those flames by cutting them out and laying them on the edges of the same size pans to get the right curvature -- so i'd use fondant with a considerable amount of cornstarch kneaded in and give them a good while to set up --

 

of course it's best to be all prepared before you launch anything but time and chance happen to all of us -- far be it from me to impede your momentum --

-K8memphis Posted 21 Jan 2015 , 4:59pm
post #7 of 8

and they are taller than the pans so you'll need some foam dummies -- 

ellavanilla Posted 21 Jan 2015 , 6:38pm
post #8 of 8

time and materials . it shouldn't be different than any other cake you've made. 

 

time and materials + your profit percentage. 

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