Someone Reprimand Me, Please!
Business By silverdragon997 Updated 12 Nov 2010 , 11:15pm by elliespartycake
I keep lowballing myself on my prices. I know I need to stop that, but for some reason I do it anyway.
I just made 2 dozen cupcakes for work. I was asked to make them pink and sparkly with flowers on them. We didn't even discuss price, because it's not an issue. I charged $2.75 per cupcake, and when I handed the invoice to the person who ordered them he said "That's it?". Apparently even they think I should charge more!
So please, please, pound it into my head that I need to stop undercharging for my work!
I will pound on your head if you pound on mine. Deal? 
When I worked as a hairdresser, I had a similar problem. I thought that I couldn't afford my prices so my customers probably couldn't either. My boss told me to quit looking in their wallets, it was not my place to decide how they should spend their money only to give them good value for it if they chose to give it to me.
I found that when I made a written price list it was much easier for me to stick to them. Somehow it was hard to tell people verbally what my prices were, but easier to give them a piece of paper and say, "Here are my prices."
Consider yourself sternly reprimanded! : )
My boss told me to quit looking in their wallets, it was not my place to decide how they should spend their money only to give them good value for it if they chose to give it to me.
take it one more step .... stop looking in their wallet and treating it like it was YOUR wallet.
I've noticed cakers on here tend to think like a consumer instead of as a business owner. (warning ... mom finger coming out!) Stop That!! 
I work part time for a cater who told me "no one will value your service until you value your service" sometimes I have to say it to myself over and over, but it helps!
I can remember both LeahS and IndyDebi saying similar things over the years.
Theresa 
I will pound on your head if you pound on mine. Deal?
You have a deal! 
To everyone else: Thanks for the head pounding!
If my customers expect to pay more, who am I to argue with that?
They weren't really minimal decoration. It was these:
http://cakecentral.com/modules.php?name=gallery&file=displayimage&pid=1864264
They were pink with sparkles and gumpaste flowers...
These are beautiful cupcakes and you should have charged more. I do the exact same thing. I have a price in mind but chicken out when I am quoting verbally. My husband hates when I do that because he sees how much time goes into these cakes.
I think the problem for many of us is that we can create these beautiful creations and hence don't feel that we would pay for them. But I bet if we weren't so talented we would be paying these prices for such incredible things.
Take pride in your work and even if you get people that scare away because of your prices then they don't deserve your products.
Thanks Dina!
I think that's my main problem. I have this thing in my mind that if I can make these things, anyone should be able to, so I too chicken out when it comes to pricing correctly.
I'm going to stop, I swear! Either that, or I need to go to pricing rehab!
I try to have a copy of my price list in my office and in my kitchen, so wherever I get the call for cake I have my "list". Then I just say the price (sometimes it's hard not to waffle, but I steel myself and just say it. (or email it if it's an email inquiry). I'm so proud of myself when I do that and usually the potential customer just says OK.
We can't be afraid to value our work!
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