Did I Charge Too Much

Business By bakenbetty Updated 31 May 2006 , 2:55am by fosterscreations

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bakenbetty Posted 29 May 2006 , 8:43pm
post #1 of 16

hi everyone i dont have a business, but i've just sold my forth cake this weekend. and im having trouble priceing them. am i charging too much or too little.heres the one from this weekend $50.00 i charged.bottom is 12x2 banana and two 8x2 top are choclate filled with choclate pudding covered with BC and MMF all edible. could yous experienced ones out there let me know, i would realy appreciate it. thanks for looking icon_confused.gif

15 replies
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bakenbetty Posted 29 May 2006 , 8:46pm
post #2 of 16

oops i guess i dont know how to put a picture in. but if you check out my pictures its the one with the ducks on it .thanks in addvance

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Sherry0565 Posted 29 May 2006 , 8:46pm
post #3 of 16

Oh....I think you are charging Way too LITTLE! I would have charged no less than $75 for that! And in some areas you could get much more!

It's a beautiful cake! Keep up the good work!

Sherry

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Viks Posted 29 May 2006 , 8:50pm
post #4 of 16

I would have charged about the same for that cake icon_smile.gif It really depends where you live though, I know a lot of people on this site can charge waaay more than I ever could where I live :lol

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pinkopossum Posted 29 May 2006 , 8:51pm
post #5 of 16

I agree totally with Sherry here! $50 is a definate steal for your customer. the price could've been bumped up a bit in my view.

great looking cake!

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bakenbetty Posted 29 May 2006 , 8:59pm
post #6 of 16

WOW, i didnt think it would of been that much. i live just out side montreal, quebec can so thats in canadian $$$. thanks a lot sherry0565 i will be sure to charge more. no wonder people keep calling. icon_biggrin.gif

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Sherry0565 Posted 29 May 2006 , 10:24pm
post #7 of 16

Betty,

Anything fondant is gonna be more expensive....and you have quite a few fondant figures and accents as well. Plus you had different fillings, and it was a pretty large cake to start with! That took A LOT of time, and they would never find a cake of that quality that CHEAP anywhere!

Don't be afraid to charge for your precious time, and the quality of the cake!

P.S. I looked at all of the cakes in your gallery, and you do Excellent work!

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Pootchi Posted 29 May 2006 , 10:34pm
post #8 of 16

Hi I'm from Chibouga, Quebec Can and I too find that you didn't charge enough. In CDN I would've charged 75$ (that's around 70$ US) that's a lot of work, don't undercharge yourself!!!

Lorris

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dianagreen Posted 29 May 2006 , 10:54pm
post #9 of 16

Just a thought, someone needs to set up a pricing guide on here as an article or something like that. have it broken down by pan size - then catrgories for MMF, BC, Fillings, accents and extras ect... plus guidelines for how to work the time into the price - i know thats a lot to want, but it would be the best help -in my opinion

I know it would be nice to have a general guide I too have had the problem of deciding what to charge, and it seems like that is a huge topic here.

Or if this isnt the right place to put this idea - where would be or who would i talk to?


Thanks -Diana

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cakesondemand Posted 29 May 2006 , 11:18pm
post #10 of 16

I live outside of Vancouver B.C in a smaller town and I would charge $50 just for one tier and $35 for the second.

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ShelbysYummys Posted 29 May 2006 , 11:35pm
post #11 of 16
Quote:
Originally Posted by Sherry0565

Oh....I think you are charging Way too LITTLE! I would have charged no less than $75 for that! And in some areas you could get much more!

It's a beautiful cake! Keep up the good work!

Sherry





I agree with Sherry.
things to consider.....
cost of ingredients
other supplies cakeboards etc.
and your time!
unfortunately, when we bake cakes we end up making sometimes 5 or less per hour.
I declined a job for my office. so they went with a local bakery (inCA) that charged $85. for a 12" round with little deco. Your cake has way more detail.

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twindees Posted 29 May 2006 , 11:39pm
post #12 of 16

$50 is way to cheap for a cake that size. As it was said before you have 2 different filling and MMF. That cake was not leaving my kitchen for under $100. You have to remember your time = money.

The last cake I did was a 12x4 square with one filling,buttercream, fondant dec. & other baby shower dec. I charged $120.

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bakenbetty Posted 30 May 2006 , 5:36pm
post #13 of 16

i just wanted to thank everyone for your comments they were very helpful. the next cake i make i will total all the ingrediants deco and MY TIME. once again thanks to you all. betty
p.s. i agree with diana if anyone has a pricing chart to help us beginers out here it would be gratefully appreciated. thanks

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pinkopossum Posted 30 May 2006 , 8:57pm
post #14 of 16
Quote:
Originally Posted by bakenbetty

p.s. i agree with diana if anyone has a pricing chart to help us beginers out here it would be gratefully appreciated. thanks




search for pricing matrix here on the site and there's also a sticky post on one of the forums. hth

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pinkopossum Posted 30 May 2006 , 9:06pm
post #15 of 16

the sticky post i was referring to is here on this forum index. "Cake Decorating Business"

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fosterscreations Posted 31 May 2006 , 2:55am
post #16 of 16

OK the things you need to consider

cost of ingredients
time to bake and decorate
# of servings.

If I am correct the 8inch cake would yield approx. 24 servings and the 12 inch approx. 36 2x2 servings that would be 60 servings right there so at $1/seriving you would be at $60 right there. I would say at least $75 for that cake.
It is beautiful.

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