Pricing Help - Too Much/too Little?

Business By missmeg Updated 6 Aug 2007 , 12:56pm by missmeg

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missmeg Posted 3 Aug 2007 , 3:27pm
post #1 of 15

I've got my first "official" cake order for next Sunday (50th anniversary). I could not talk the couple out of a sheet cake, but did convince her to put a 6x6 floating tier above the 12x18 sheet for better presentation.

She has decided to go with 12x18, 2-layered spiced chai white cake with a cinnamon-hazelnut filling. The 6x6 square will be a chocolate rum cake with chocolate-raspberry ganache. BC icing and decorations. To feed 90 people.

I'm charging $2.50/pp, so the total will be $225. Does that sound fair to you?

14 replies
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jeking Posted 3 Aug 2007 , 3:36pm
post #2 of 15

Sounds fair to me. That's a large cake. Is it a "double-decker" sheet cake?

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mcassada Posted 3 Aug 2007 , 3:39pm
post #3 of 15

that sounds high to me, but in my area, southern indiana, people just won't pay that much
I get about $1 a serving for most and $2 for weddings
I guess with the different flavors I could see charging more
good luck

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missmeg Posted 3 Aug 2007 , 3:42pm
post #4 of 15
Quote:
Originally Posted by jeking

Sounds fair to me. That's a large cake. Is it a "double-decker" sheet cake?



Yes. Two fully-baked 12x18 sheets, each torted and filled, for a total of 4 "layers".

In my proposal to her, I listed this pricing structure:

$2.00/pp for basic cake (white, chocolate), with BC filling and icing
$2.25/pp for speciality flavor cake, BC filling and icing
$2.50 for speciality cake with speciality filling, BC icing

She went with option #3.

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Liz1028 Posted 3 Aug 2007 , 3:42pm
post #5 of 15

That price sounds totally fair. Remember, your time in making this wonderful cake is definitely worth the price! Don't sell yourself short. thumbs_up.gif

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karensjustdessert Posted 3 Aug 2007 , 3:44pm
post #6 of 15

Sounds "right on the money", and if she is willing to pay it, that's all that matters.
Post the picture when it's done!

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tnuty Posted 3 Aug 2007 , 3:45pm
post #7 of 15

Sounds about right to me!!

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tyty Posted 3 Aug 2007 , 3:46pm
post #8 of 15

Sounds fair to me, sounds delicious too. Do you have those recipes, are they here on CC?

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FromScratch Posted 3 Aug 2007 , 3:50pm
post #9 of 15

Hola Meg! No dice talking them out of the sheet cake huh.. darn.. I was looking forward to icing some tiers with you too. icon_wink.gif I'd charge for more servings. According to my chart a double layer 12x18 will serve at least 100 wedding sized servings. And the flavors you are putting in would constitute a premium upcharge for me.. The rum cake and both the fillings.

The sheet cake would start at 2$ a serving.. with the filling it'd be 2.25 x 100 servings.. $225. The 6" would be 2$ a serving to start.. add the rum cake $2.50.. add the filling $2.75 x 14 serings.. $38.50.

how are you decorating it? Is it complicated?

I'd charge at least $260.

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missmeg Posted 3 Aug 2007 , 3:54pm
post #10 of 15
Quote:
Originally Posted by tyty

Sounds fair to me, sounds delicious too. Do you have those recipes, are they here on CC?



Let's see...

Spiced White Chai (tea) Cake:
someone posted in a thread here on CC. Plain white box mix, substituting equal amounts of strong chai tea for water

Chocolate Rum Cake:
found in Cake Doctor book

Chocolate-Raspberry Ganache:
2 cups whipping cream
3/4 cup raspberry preserves, de-seeded
1 pound bittersweet (not unsweetened) or semisweet chocolate, chopped
preparation
1/4 cup gold rum, optional

Combine cream, preserves, and rum in heavy large saucepan. Whisk over medium-high heat until preserves melts and mixture comes to boil. Add chocolate, remove from heat and whisk until chocolate melts and mixture is smooth. Refrigerate ganache just until thick enough to spread, whisking occasionally, about 1 hour 15 minutes.

(also works well with strawberry, omitting the rum)

Cinnamon Hazelnut Filling:
making this up as I go along icon_lol.gif

1/2 cup butter (softened)
1/2 shortening
4 cups powdered sugar (sifted)
1/4 cup cinnamon hazelnut coffee creamer
½ cup toasted hazelnuts, finely chopped
1/2-1 teaspoon cinnamon

Cream butter and shortening; add in sugar and remaining ingredients.

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FromScratch Posted 3 Aug 2007 , 3:55pm
post #11 of 15

With your price break down.. it sounds good.. I didn't notice the chai part of that first one so that'd change my price a bit too.. they'd be the same price per serving.. $2.75/serving and 114 servings.. $313.50 which I'd probaby round down to 300$.

http://forum.cakecentral.com/modules/Forums/files/cake_serving_guide_219.pdf

This is the chart I go by..

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tyty Posted 3 Aug 2007 , 4:11pm
post #12 of 15

Thanks for the recipes. My mouth is watering. icon_biggrin.gif

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missmeg Posted 3 Aug 2007 , 4:35pm
post #13 of 15
Quote:
Originally Posted by jkalman

how are you decorating it? Is it complicated?



Awww shoot! Forgot about that part icon_wink.gif.

Not quite sure what I'm doing yet; but you can help me torte and fill layers, right icon_wink.gif?

Reminds me that I need to start doing som RC flowers this week. Loverly icon_lol.gif.

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CindiM Posted 5 Aug 2007 , 7:49pm
post #14 of 15

Hi missmeg, It is not fair. Do the math.
12 x 18 = 216 inches, divide by 2 = 108 servings.
Now, 6 x 6 = 36 inches, divide by 2 = 18 servings. A wedding cake serving is 1 by 2 inches, and normally 4 inches tall. Sheet cakes and square cakes are easy to figure out.
You are selling 144 servings for the price of 90. That is not fair.
Cakes are priced at the number of servings, not by the amount of guest.
Check the Wilton site, get a wilton yearbook or get a serving chart from someone's site. I know you said you are new. If you are going to charge for your cakes then you need to know what they serve. You cost yourself a lot of money. $2.50 times 90 = $225/ $2.50 times 144 = $360. You lost $135.
I hope this helps you. I had to learn this a long time ago. icon_wink.gif CindiM

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missmeg Posted 6 Aug 2007 , 12:56pm
post #15 of 15
Quote:
Originally Posted by CindiM

Hi missmeg, It is not fair. Do the math.
12 x 18 = 216 inches, divide by 2 = 108 servings.
Now, 6 x 6 = 36 inches, divide by 2 = 18 servings. A wedding cake serving is 1 by 2 inches, and normally 4 inches tall. Sheet cakes and square cakes are easy to figure out.
You are selling 144 servings for the price of 90. That is not fair.
Cakes are priced at the number of servings, not by the amount of guest.
Check the Wilton site, get a wilton yearbook or get a serving chart from someone's site. I know you said you are new. If you are going to charge for your cakes then you need to know what they serve. You cost yourself a lot of money. $2.50 times 90 = $225/ $2.50 times 144 = $360. You lost $135.
I hope this helps you. I had to learn this a long time ago. icon_wink.gif CindiM



You're right, and I figured that out after chatting with Jeanne on the phone icon_wink.gif.

Using the largest party serving size recommendation from Wilton (and then still taking a small discount), I came up with 108 servings, for a total invoice of $270. The client said they would mail me the check this week, along with directions to the event.

Thankfully the clients are aquaintenances at church, and me and my family are also guests at the anniversary party, so I'm not concerned about the check icon_wink.gif.

Thanks everyone. I really appreciate the input you gave. I do have to remember that it's the number of SERVINGS the cake provides, not the number of guests at the event :doh:.

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