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Price is irrelevant... - Page 4

post #46 of 54
1/25/10 at 9:51am
I have had more bookings since reading this thread......thank you again Snarky for VERY good business advice. (booked 4 just yesterday!!) icon_biggrin.gif
Knowledge is a candle that when shared, doubles the light, but the insecure person believes knowledge is a candle that is diminished when it is split between two wicks.
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Knowledge is a candle that when shared, doubles the light, but the insecure person believes knowledge is a candle that is diminished when it is split between two wicks.
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post #47 of 54
1/25/10 at 1:14pm
Thread Starter 
YEAH FOR YOU!!!
Scratch bakers of the world UNITE !!
Inrideo ergo sum ~ I snark therefore I am.
Cake or Death?......Cake Please!
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Scratch bakers of the world UNITE !!
Inrideo ergo sum ~ I snark therefore I am.
Cake or Death?......Cake Please!
Reply
post #48 of 54
2/1/10 at 10:47am
Hey Snark!

I always enjoy your posts, as they are down to earth and no nonsense! (as is why I love talking to you in person) You have fer sure built yourself a great business and it shows in your work!

I too have a constant struggle with my prices..not because I dont think I am not worth it, but because what the market will bear. I keep playing with my prices, seeing how far I can push it and I am blown away how I am now getting 300-400 dollars for baby shower cakes. (have you noticed its always a group of people doing the cake together. I am actualy charging more for these cakes then weddings cakes because they just take more time to do! Does that make sense?

Cupcakes is my hardest thing...right now I am selling them for about 2.30 each, (that is a filled cupcake) and I keep wondering if I should raise the price a little, as they are so popular right now!! I wish there was like a list somewhere on how much everyone charges! hahaha! Remember at the RBA last year when Buddy said we need a Bakery Union? he was so right! hahaha!

Anyway, I do agree with you, get what you think you are worth. I have found with many good advice from you and others on here, that I get less cake orders, but I am actualy making more money. Odd how that works, huh?
Gotta have more cowbell!
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Gotta have more cowbell!
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post #49 of 54
2/1/10 at 11:01am
Thread Starter 
We charge the most we possibly can . That may sound a little odd as a consumer, but it is better for business overall.

1- If I charge more, I don't have to try to cram the schedule to pay the bills. That leaves us time to make every cake a little more special.

2- If I charge more, I don't need to worry about having lean weeks or months. They are going to come regardless of what I charge, so I may as well have money in the bank.

3- This is a big one. Because I charge more,I have extra help on staff. That means that if someone gets pneumonia , my cakes all still get done and delivered on time. What is that worth to a customer?
Scratch bakers of the world UNITE !!
Inrideo ergo sum ~ I snark therefore I am.
Cake or Death?......Cake Please!
Reply
Scratch bakers of the world UNITE !!
Inrideo ergo sum ~ I snark therefore I am.
Cake or Death?......Cake Please!
Reply
post #50 of 54
2/1/10 at 11:04am
Snarky, I wish I could work for you!!! icon_biggrin.gif
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post #51 of 54
2/1/10 at 11:57am
I agree with everyone else Snarky! Great comments! And I think IndyDebi was right - let's make it a sticky!
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post #52 of 54
2/1/10 at 1:09pm
Quote:
Originally Posted by snarkybaker

We charge the most we possibly can . That may sound a little odd as a consumer, but it is better for business overall.

1- If I charge more, I don't have to try to cram the schedule to pay the bills. That leaves us time to make every cake a little more special.

2- If I charge more, I don't need to worry about having lean weeks or months. They are going to come regardless of what I charge, so I may as well have money in the bank.

3- This is a big one. Because I charge more,I have extra help on staff. That means that if someone gets pneumonia , my cakes all still get done and delivered on time. What is that worth to a customer?



Brilliant!
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post #53 of 54
2/1/10 at 1:30pm
a most helpful pricing thread! Glad to read it!!!
For the love of all that is sugar, flour, and eggs!

Love my life as a mother and a wife!
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For the love of all that is sugar, flour, and eggs!

Love my life as a mother and a wife!
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post #54 of 54
2/3/10 at 12:42pm
Thanks for posting!!!
www.kikiscustomcakes.com
www.youtube.com/kikiscustomcakes
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www.kikiscustomcakes.com
www.youtube.com/kikiscustomcakes
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