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How much to charge for this cake

post #1 of 27
Thread Starter 

I really need some help here. I am pretty new at selling cakes and just got my first order. The person has asked for a cake that I recently made. I dont know how much to ask for this particular design. Its a 6 inch by 4 inch cake simple butter pecan cake with coffee buttercream and covered in fondant. Attaching a pic for u guys to look at. Really need help pleaseee.

 

post #2 of 27

Forgive me I thought this was your work. Something like this would probably start at $9.00-$12.00 a serving. That is a beautiful cake!

"You don't have to be great to get started but you have to get started to be great"

 

By a very smart 6 yr old

Reply

"You don't have to be great to get started but you have to get started to be great"

 

By a very smart 6 yr old

Reply
post #3 of 27
Thread Starter 

thank u. How much would u charge for this cake?

post #4 of 27
Quote:
Originally Posted by memonakhalid View Post
 

thank u. How much would u charge for this cake?


That is you, haaa haa, (just went to your page) I thought you meant they showed you pic to make, please excuse my confusion.

 

For a 6 inch with all the detailed work I don't think you should charge under $12.00 per serving.

 

You are very talented!

"You don't have to be great to get started but you have to get started to be great"

 

By a very smart 6 yr old

Reply

"You don't have to be great to get started but you have to get started to be great"

 

By a very smart 6 yr old

Reply
post #5 of 27
Thread Starter 

Yes this is my work. They liked one of the cakes that I had recently made for my son's teacher. They want exactly the same cake.

 

Thank u so much. I just try to do my best.

post #6 of 27
I'd charge at least $100 for a 6" version of that. Don't be surprised if you tell them the price and they say it's too much. People don't expect to pay more than about $25 for a cake, so unless they know how much custom cakes cost they won't want to pay that much. Don't back down and lower the price, though. Just because they can't afford it doesn't mean it isn't worth that much.
post #7 of 27

If you are planning on doing this as a business you need to work up a spread sheet.

 

Figure how much all your ingredients cost - 1st price

 

Figure out how much you personally should be paid per hour for your time and how many hours it will take you to make the cake. Don't forget to include  mixing and baking time! - 2nd price(depending on your area this can range from $10-$16 per hour)

 

After that, figure out how much your 'business' should make, a minimum of 20%, up to 30%.-add up the first 2 prices and then figure 20% of that cost. This cost will go to buying new equipment, tools, etc. -3rd Price

 

 

Add all that up and that will give you what you should charge for your cake.

 

You have to take into account the area you live in. It honestly doesn't matter what someone is NYC would charge for that cake, because if no one in your town is willing to pay for that you wont be selling anything. BUT, DO NOT try and compete with grocery store cakes-remember that you are making everything from scratch. Its a tricky thing to figure out because you don't want to undersell your work(because you are VERY talented) but you also want to be able to actually sell cakes.

post #8 of 27
Thread Starter 

thank u costumeczar, I really appreciate your suggestion.

 

Thank u jules87. U have explained it so well. Thats exactly what I am going to do now. Thank u so much.

post #9 of 27

That comes to $146 for me. If that's an edible image on the tag, it would add $10.

post #10 of 27
Thread Starter 

Yes it is all edible.

post #11 of 27
As in using an edible image printer.
post #12 of 27
Quote:
Originally Posted by costumeczar View Post

I'd charge at least $100 for a 6" version of that. Don't be surprised if you tell them the price and they say it's too much. People don't expect to pay more than about $25 for a cake, so unless they know how much custom cakes cost they won't want to pay that much.   [YOU will need to learn HOW to educate the customer that YOUR cake is worth luxury pricing.]  Don't back down and lower the price, though. Just because they can't afford it doesn't mean it isn't worth that much. 
 

Welcome to the forum.  The specifics of cost/location/legal or not legal/ etc., only you can answer.  Your cake looks lovely, but a more professional finish on the edges of the exposed cake board beneath the fondant will add value to your presentation.   Since you are new to this forum, you may not know that the question of pricing has literally been the subject of millions of posts on this forum.  Do a forum search for the terms, how much to charge, what price, etc., and you will find some excellent material.  

 

Since this is your first order, the suggestion to charge $100 sounds good.   The people asking for this exact cake may have no idea that it may cost over $25 (and even that number may sound high).  After all, "it's only a tiny cake made with butter, flour, sugar, and eggs, right?"   These same people may have an idea that a 6" x 4" high cake serves 2-4 people, and an 8" x 4" high cake serves 8.   

 

Here are some excellent articles on "How did you arrive at that price?", and what a serving size looks like and how to cut a cake:

 

How To Cut a Wedding Cake:

http://cateritsimple.blogspot.com/search/label/cake%20comb

 

Wilton wedding serving size chart

http://www.wilton.com/cakes/making-cakes/baking-wedding-cake-2-inch-pans.cfm

 

Lark Cake Shop Cake Serving Guide:

http://larkcakeshop.com/CakeServeGuide2.pdf

 

Pricing Cakes Like a Pro (Craftsy)

http://www.craftsy.com/blog/2013/09/pricing-cakes-like-a-pro/

 

How Much to Charge for my Cakes?

http://www.cakeboss.com/CakeStuff/Articles/HowMuchShouldICharge.aspx

 

New cake business at home...help!

http://cakecentral.com/t/742057/new-cake-business-at-home-help

How'd you arrive at that number?

http://staceyssweetshop.blogspot.com/2011/08/howd-you-arrive-at-that-number.html

 

Sample Cake Serving Sizes -- made of Paper or Cardstock

http://www.wilton.com/forums/messageview.cfm?catid=8&threadid=142470&FTVAR_MSGDBTABLE=

post #13 of 27
Thread Starter 

thank u so much Apti, these links are so informative. Thanks

post #14 of 27

You are very welcome!  Each of those links has been helpful in my "learning how to cake" journey.     I appreciate each person who took the time to write and photograph and draw all this wonderful information and share it freely!

post #15 of 27
Quote:

Lark Cake Shop Cake Serving Guide:

http://larkcakeshop.com/CakeServeGuide2.pdf

 

 

 

I would say be careful with this serving guide if you decide to use it.  When they suggest cutting an 8 inch cake into 28 servings, those are even smaller than the wilton chart which says 24 servings.

 

To their credit, at least they don't make claims about giving at least 2 square inches. Well, they rounded it up to 2, didn't they? But at least they didn't say that the serving size is based on 1x2x4.  And I like that they address that difference guests may not all like the same size slice.

 

I thought it was a little odd that on one page of their site they gave 28 servings as the maximum for an 8 in cake and on another 24, the Wilton standard. I'm not sure I'd see them as the last word in cake charts and I just don't see going offering than Wilton slices.

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