Timeline For Deposit

Business By CupcakeMoma Updated 14 May 2014 , 2:59am by indydebi

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CupcakeMoma Posted 13 May 2014 , 10:02pm
post #1 of 8

Hello Everyone,

What is a good timeline to give my customers to pay the 50% deposit?

Most of my customers only order within 2 weeks notice, and sometimes I have to get started right away. I do tell them that their slot is not set in stone until I get a deposit but what is a reasonable time frame they should be giving me a deposit?

 

TIA :)

7 replies
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AZCouture Posted 13 May 2014 , 10:06pm
post #2 of 8

AI require payment in full at least three weeks prior to the event, so "most of your customers" would be paying me the entire balance when they ordered.

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AZCouture Posted 13 May 2014 , 10:08pm
post #3 of 8

ASo let's say they are ordering with more time before their event...then a retainer would be due when they order, otherwise they aren't guaranteed that cake.

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CupcakeMoma Posted 13 May 2014 , 10:14pm
post #4 of 8

Quote:

Originally Posted by AZCouture 

So let's say they are ordering with more time before their event...then a retainer would be due when they order, otherwise they aren't guaranteed that cake.

Good to know, how much notice to you tell people you need?

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AZCouture Posted 13 May 2014 , 10:17pm
post #5 of 8

AAs long as they feel comfortable waiting, knowing that I'm not booking their date until it's paid, basically.

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AZCouture Posted 13 May 2014 , 10:19pm
post #6 of 8

AThat usually makes them decide right then. I don't give people deadlines for retainers, because I just don't do anything with their order until I'm paid. I don't mark them down, I don't start any work, I don't consider it an order period.

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leah_s Posted 14 May 2014 , 12:51am
post #7 of 8

AI got retainers. Months in advance. Because otherwise they're not even on the baking schedule. Full payment 3 weeks in advance.

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indydebi Posted 14 May 2014 , 2:59am
post #8 of 8

Pretty much the same as leah ...... the deposit put them on my calendar.  The final payment is what turned on the oven.  I would have deposits up to a year in advance to reserve their date.  If I had no deposit, then any other bride could take that date out from under them.

 

If you deal with short term clients, part of your consultation with them should include a subtle education on how to plan ahead and 2 weeks is not "planning ahead" in cake world.  SHort term clients (those who order perhaps under 30 days and definitely 2 weeks or less in advance) should expect to pay in full at time of order.  Just something simple like "next year, give me a call a couple of months earlier to make sure I'm not fully booked." can get the message across.

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