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How Much Would You Charge For This Cake?

post #1 of 48
Thread Starter 
I need to know how much to charge for a cake with the following details:

-The cake will be two square tiers
-Both tears will be marble cake with buttercream icing
-Bottom tier is 12 inch square
-Top tier is 10 inch square
-Design is peace signs, psychadelic design

I was thinking $75.00 but the person doesn't want to pay that much. They want it by July 3rd as it is. I calculated ingredients, electricity, etc. and that alone is around $45-50. I don't want to make a cake that extravagent without making some type of profit. Any of your thoughts are extremely appreciated! Thanks!
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post #2 of 48
$332.00
post #3 of 48
By my calculations, and I am very new to this, but as far as I can tell that cake is 78 servings at 2.50 a serving = 198.00
post #4 of 48
Not sure where you are located but for 2 square tiers that would serve 100 people and my buttercream prices for a tiered cake I would be charging 2.50 per serving so a total of $250.
post #5 of 48
I would charge in the neighborhood of $400...I think $75 is a darn good steal. If your ingredients/materials are $50, The left over $25 wouldn't even pay for your time.
post #6 of 48
I'm not in business but have spent enough time on CC to tell you that $75 is WAY too low!!! Think about it like this: if it will cost you $45 in materials, what about your time? We all know that a custom cake is not whipped up in a half hour.

It is not worth it for you to charge $75 for this cake. You are making enough for 100 people, right? Even at $2/serving, you should be charging $200 at least.

Your time and effort are worth more than $75. Really.
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post #7 of 48
Quote:
Originally Posted by Faithbound

I I was thinking $75.00 but the person doesn't want to pay that much. They want it by July 3rd as it is. I calculated ingredients, electricity, etc. and that alone is around $45-50. I don't want to make a cake that extravagent without making some type of profit. Any of your thoughts are extremely appreciated! Thanks!



Is this person related to you or a friend? If you make a cake and only charge them $75.00 for what they want, you will be making so little money that you will hate yourself by the time you finish the cake. She can't get that kind of cake at Walmart or a grocery store, and yet she wants you to make a custom designed cake for less than $75.00 icon_surprised.gif

I learned that I have to set prices for my work and they either want it and pay for it, or they go somewhere else. I work full-time and do cakes at nights and weekends, and therefore can be choosy about what jobs I take. I decorate because I enjoy it so much and I wanted to be able to give my family the kinds of cake I couldn't afford to buy. Your time and effort is worth a whole lot more than what they "want" to pay. I "want" things too, but no one is going to give them to me.

Think long and hard about what you decide to charge and stick to your guns about the prices you charge. You will not be sorry in the long run.

To answer your question, I would charge $300.00 to $350.00.
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Hope that helps icon_smile.gif
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post #8 of 48
I bake out of home and live in a small town, so I had a higher number in my head before I even read that you quoted $75. I would say that if you're happy to do the cake for $75 (as a home baker, I would guess?), then stick to that number. They're not going to find a cake anywhere else for the price you're quoting them and if they don't want to pay the nominal fee you're charging, they can hit the road!
post #9 of 48
You're low balling yourself. At least $1.50 per serving and that would even be low. Small town or not, it's a custom cake. Tell them to call the bakery and see what they would charge. My guess would be a heck of a lot more.

Edited for typo.
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post #10 of 48
$75?? Really?? Unless your running a cake chairity you are way under charging! The only time I ever priced anything like your're decribing that low was when I was trying to give a family memeber a cake for free, and she insisted on paying for the materials.

If you are going to do this as a business and receive money for your cakes, then treat it as such when pricing. If someone comes to you and says "Oh, I can only pay $50" and lay on you a design that is more in the range of $200, tell them flat out what the charge is for the design they want.
Then show them what their price range will get them.

Price your cakes accordingly. If they can only afford a cake from a supermarket then that's what they can afford. Most people however can afford more - they just don't want to.
post #11 of 48
i usually dont reply to 'how much do i charge for this cake' posts because i dont charge for my cakes and really have no idea how to price cakes.
but the quote that struck me was 'they dont want to pay that much'. really, seriously-they dont want pay that much for a cake?! then i would say- 'i dont want do a cake for that little' i just dont get how some people can pick and choose prices on a custom made quality cake.
i dont think 75.00 is nearly enough for your time and energy. but thats only my opinion. i hope you get what your custom cake is worth.
unless this is a gift for someone then please charge accordingly. i think you will feel much better when you deliver the cake.
good luck! i hope everything works out for you.
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DANCE as though no one is watching you, LOVE as though you have never been hurt before, SING as though no one can hear you, LIVE as though heaven is on earth...souza
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Wilton Method Instructor. If you're lucky enough to be on a beach...you're lucky enough.
DANCE as though no one is watching you, LOVE as though you have never been hurt before, SING as though no one can hear you, LIVE as though heaven is on earth...souza
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post #12 of 48
Yea I would also charge $400. $75 is a steal.
"If you decide to do this as a business, you have to run it like a business, not your own private welfare dept or charity organization." - Indydebi

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"If you decide to do this as a business, you have to run it like a business, not your own private welfare dept or charity organization." - Indydebi

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Facebook Group Page: Kara's Custom Cakes
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post #13 of 48
Holy mackeral! I just re-read and it's due for July 3? I wouldn't even accept the order, much less have the customer turn down such a generous price. I charge a rush fee on top of the cake price. You need to rethink this. If word gets out, you'll be innundated with calls for "cheap cakes" and losing money to boot.
"Qu'ils mangent de la brioche." -- Marie Antoinette
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"Qu'ils mangent de la brioche." -- Marie Antoinette
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post #14 of 48
My base price starts at $75 and goes upwards. Even if it's a small cake, 15-20 servings, etc. base price still starts at $75. I've finally learned that it's not worth my time for anything less.
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post #15 of 48
$75??? I'd be charging in the $175 range. You need to look at it as a per piece pricing model plus you're decorating it. It's not just to tiers with buttercream, you've got a design to put on it. I don't do anything for less than $75, it's just not worth it, and that is for smaller party type cakes, like 8", 10", 9X13" with basic piping or a FBCT that isn't too complicated. You need to make sure you pay yourself first. If you let her pay you this, you'll never be able raise your price for future cakes for her, or anyone she tells to order from you, because I'm sure she knows you're way under priced and she's trying to see what she can get away with.

I wonder what she would say if you said "I'm sorry, that price was for a cake with the peace signs....a two tiered cake would be $200".
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