Hello Everyone, I am new to selling my cakes and I have no idea how to price one. I have a request for a fondant covered ladybug cake that serves 20 to 25 people. I live in the St. Louis area. Anyone know how I would go about setting my prices?
I would do some research in your area as to what local bakeries are selling cakes for (a google search is an easy way to do this).
Or there are several price matrix's that may be able to help you out (type price matrix in the CC search box)
I think most people would recommend that you charge by the slice. How much to charge will depend on your area & what you feel your time is worth.
the price matrix is in the cake business section.......
Depends on how much skill is involved, the technique you are using, and in my area, how bad someone really wants a spectacular cake! If you have a link to an example pic, I could help further.