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How much do people think a cake costs to make??? - Page 7  

post #91 of 412
I think that if you are making her a cake free of charge you should be the one to decide what it looks like!
post #92 of 412
I did a cake for a friend last year...three tier topsy turvy. She gave me $30 for supplies (I don't charge for my cakes yet)...I think I was more offended by what she offered me than I would have been if she hadn't paid anything. The next time she wanted a cake, I gave her a grocery list....needless to say, it was a huge eye-opener for her. icon_rolleyes.gif
Christy

No one can make you feel inferior without your consent. -- Eleanor Roosevelt
Christy

No one can make you feel inferior without your consent. -- Eleanor Roosevelt
post #93 of 412
Quote:
Originally Posted by ChRiStY_71

I did a cake for a friend last year...three tier topsy turvy. She gave me $30 for supplies (I don't charge for my cakes yet)...I think I was more offended by what she offered me than I would have been if she hadn't paid anything. The next time she wanted a cake, I gave her a grocery list....needless to say, it was a huge eye-opener for her. icon_rolleyes.gif

YAY!!!!!!!!!!!!!! party.gif
post #94 of 412
i think a huge problem too is that bakers, if in the customers position, wouldn't pay their own prices. think about it- would you pay $250 for a first birthday cake for your child? if you wouldn't, you need to start justifying your own prices to yourself so that when a customer comes along, you can justify your prices to them. if we can't imagine paying that much, we can't expect customers to. what i'm basically trying to say is we need to value our work and not degrade ourselves to the level of lowering our prices so much that everything we're doing is to simply please the customer. we need to raise our self esteem to the point where we won't let others dictate the value of our precious time.
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post #95 of 412
I just read thru this thread... I am so thankful for it because there are some real nuggets of wisdom in here. I am totally guilty of thinking if I go above and beyond what people ask and pay for, if I undercut my competition, if I price myself low enough, I'll get more business and my name out there.

Yes I get business, but I am constantly blown away when I quote a price that I know is WAY cheaper then my competition and I don't book the job or I get blowback that I'm a little too expensive. I KNOW that's not freakin possible, I've priced myself where I am just breaking even. I'm pretty sure I make the cheapest wedding cakes in the City, unless you go to China Town. I'm not kidding. Yet I'm not booking as many as I think I should... I'm loosing out to higher priced bakeries.

A real eye opener was I recently went to a fellow cupcaker's website here (she's become quite a pal to me), anyway we have very similar circumstances, only she bakes from a box and I make organic from scratch. Obviously cost of ingredients are much higher for me. Anyway, I went to her website and saw her prices - she's double what I am for cupcakes and she doesn't do cakes. She has no decorator's ability, doesn't do fondant/gumpaste etc. And she's SUPER busy.

So, this week I'm re-working and raising my prices, and we'll see what happens. I don't think people here really want discounts or cheap cake, they want to feel like they've treated themselves to a quality decadent dessert that's "expensive". Paying the lesser price means there must be something "wrong" with it.

So wish me luck with that! icon_biggrin.gif
post #96 of 412
Quote:
Originally Posted by cake_architect

think about it- would you pay $250 for a first birthday cake for your child?

But I'm also not so egotistical that I think I have to invite over 70 people (71 x $3.50 = $248.50) to a first birthday party, where the birthday boy/girl has no freakin' clue what's going on, and the party is just for the ego of the parent(s) anyway.

(I REALLY detest the phony-ness of first birthday parties. I really do. icon_cry.gif )
post #97 of 412
Thread Starter 
I agree with the ego of the first birthday party. I mean c'mon!!! The child isn't even going to remember it. As a matter-of-fact, I can only recall my 4th birthday and my 16th birthday party. None of the others stand out to me, and I know I had one every year.

I would never pay $200 for my child's bday cake. But that's also because I would not give my 1, 2 or 3 year old, a $500 or $1000 bday party either.

I just had a friend ask me to make a 4-5 tier wedding cake and a Pac Man groom's cake for her best friend's wedding in May. Now, this wedding is only going to have 50-60 guests. She also wants a tasting of 5 cake flavors and 4 fillings. I think she's about to go into sticker shock when I tell her how much that is going to cost. No, I'm not trying to get rich off my friend, but I guarantee that every ounce of my supplies is going to be covered.
post #98 of 412
Great Thread. icon_smile.gif

I am an accountant. Everything has a place in Excel.

I have a very organized spreedsheet that details everything: I have a sheet that lists all of my cutters, pans, sprinkles, tools, everything and what I paid for them. I also have a master list of recipes that I've made that lists out price per cup on cake, filling and icing. I can track the cost and price of ALL of my materials, from salt to Cake pans.

What I don't know how to do is determine the amount of hours for decorating. I can determine bake time, mix time, and mostly the icing time, but decorating time? How do you figure out that it will take x amount of time to do each cake?

Any tidbits of knowledge will be welcomed and absorbed. icon_smile.gif

Christy

Cake is Happy!!

Cake is Happy!!

post #99 of 412
Thread Starter 
I charge my hourly rate based on when I start the cake. This includes baking time, decorating time and then clean up time. And if it takes me a few days to do it, then it's clean up time for all those days. That is the worst part of the whole process.
post #100 of 412
Most of the people I know would not pay more than $30 for a supermarket sheet cake or $50 for a 10in. "from scratch" cake. Just simple BC top and bottom border and a message. Knowing the cost of basic ingredients like flour, sugar, butter, eggs, and milk, they think it's fair enough. Once you get to the "designer" cakes, usually fondant with decorations and more, they know they're into a different category altogether. This is where they will splurge if they have to because they feel this is more of a luxury item. And for wedding cakes, they all expect prices to start at $250.

It's all a question of perspective. I started baking cakes because I didn't want to spend the $30 for a supermarket cake every year for my son's birthday. I did it year 1 and year 2 but from that point it's been homemade and he loves it, so do my nieces and nephews and siblings. (i have a big family).

IMO people aren't aware of the time and effort it takes to decorate a cake and therefore cannot gauge the value of the product. However, there are those out there who just don't want to pay fair value for anything and give other customers a bad name!
post #101 of 412
Start your conversations with "Oh, you want a DUFF cake! His cakes start at $1000, you know!" Then shut up and watch their face. icon_twisted.gif

Its a fun exercise! (for me, anyway!) icon_lol.gificon_lol.gif
post #102 of 412
Quote:
Originally Posted by sccandwbfan

How do you figure out that it will take x amount of time to do each cake?



You have to go an estamated average. Some cakes will take less time, and you will make a little more money on the labor end. Some cakes will take a little more time, and wyou will lose a little money. In the end it will average out. You just need to make sure you are factoring in enough hours to work on an average cake. If your average cake is eloborate and takes many hours, then you need to use that as your base for figuring the hours spent.
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post #103 of 412
I always break it down. It takes x amount of time to ice and cover each cake in fondant + x amount of time to cut out decorations or prep etc. Just sit down and right down different steps for the cake and the amount of time it takes you to do them and add it all up to get a rough estimate.
post #104 of 412
Thread Starter 
My local grocery store (Publix), charges $80 for a sheet cake.
post #105 of 412
Quote:
Originally Posted by indydebi

Quote:
Originally Posted by cake_architect

think about it- would you pay $250 for a first birthday cake for your child?

But I'm also not so egotistical that I think I have to invite over 70 people (71 x $3.50 = $248.50) to a first birthday party, where the birthday boy/girl has no freakin' clue what's going on, and the party is just for the ego of the parent(s) anyway.

(I REALLY detest the phony-ness of first birthday parties. I really do. icon_cry.gif )



I have to agree here---children's birthday parties have gone way over the top and that's fine, but don't expect someone to make this elaborate cake for 70 people and you will pay $30! I can't remember who said it, but why is it that people go to a job and get paid certain amount of money per hour, but expect the person baking your cake to get paid a couple dollars an hour?? The way I look at it, if you don't want the talent and homemade cake, then you just need to take your business someplace else. We cannot control the cost of supplies and why should we work for less than minimum wage.
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