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Rough price of how much you would pay please

post #1 of 11
11/15/12 at 7:02am
Thread Starter 

Just pricing my cakes and I'm having a hard job of estimating a good price for some of the ones where there's a lot of work gone into them.

 

I have attached some photos and would like opinions of what you'd pay for the cake please.

 

Thank you icon_smile.gif

 

700

 

700

 

700

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post #2 of 11
11/15/12 at 8:04am

Hi Becky, I'm new to cake decorating, so I don't have too good an idea how much to charge, either.  But, I would be willing to pay $150 for this cake. I know how much time is invested in cake decorating, but there are a lot of people who do not. I have found it helpful to let my customers know how much time was invested in making their custom cake.  Beautiful work, by the way! 

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post #3 of 11
11/15/12 at 10:44am
How much did the ingredients cost for that cake, and how many hours did it take you to complete it?
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Recent Articles: The Magic Pricing Formula • Copyright Law
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post #4 of 11
11/16/12 at 7:10am
Thread Starter 

I haven't calculated all the materials involved as it was for a friend and I'm just starting out. I just want a rough idea of how much someone is willing to pay for a cake like this. It took me 5 hours (I think) to make and design. I was hoping somewhere in the region of $130- 170 as I don't want to undersell myself yet don't want to be overpriced.

 

Anymore opinions on what would be a good price range pretty please icon_smile.gif

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post #5 of 11
11/16/12 at 8:58am

how many servings is it?

Answers to the most often asked questions re: SPS. SPS instructions are on Page 15 of the Sticky at the top of the Cake Decorating Forum. Supplies can be ordered from Oasis Supply, Global or BakeryCrafts.
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Answers to the most often asked questions re: SPS. SPS instructions are on Page 15 of the Sticky at the top of the Cake Decorating Forum. Supplies can be ordered from Oasis Supply, Global or BakeryCrafts.
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post #6 of 11
11/16/12 at 9:26am
Thread Starter 

10 servings as it's quite tall

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post #7 of 11
11/16/12 at 9:26am

Becky, we have no idea of where you live, what your local minimum wage is, how much your basic ingredients cost.  We cannot possibly name you a good price.

 

YOU must set your price based on your wage and your costs.

 

If you need a better idea, call some cake shops in your area and pretend to be a potential customer.  Ask how much it would cost you to buy the cake in your picture. Then you will know what your area price range should be.

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post #8 of 11
11/16/12 at 9:44am

To me it seems to be a 6in. by 10in. tops.  maybe 25 servings ? 25x3.00=75.00     or   25x4.00=100.00        But since I am a hobby baker and do not have the experiance of a pro  for me total price would be $ 85.00  if it only is the size that I presume.  The cakes that I have made so far....take me hours and hours to make, if I started charging someone by all the hours it takes me no one  would be able to afford me!!     So if I ever do it as a business I would charge   cost of ingredientsx3= price of product. This is my opinion, you do not have to agree with it.icon_wink.gif

 

Good luckthumbs_up.gif!

 

Ciao!

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post #9 of 11
11/16/12 at 9:53am

Very pretty cake. Looks like a birdcage on top of the bottom cake!! Great job done!! Very pretty!!
 

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post #10 of 11
11/17/12 at 9:27pm
I would say since its only 10 servings that I would pay maybe $60-$70 if that. 10 servings isn't very much and I would only pay that for a very special occasion. Like the others said though. You must decide how much your time is worth. No one else can decide that for you. Good luck!!
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post #11 of 11
11/19/12 at 5:27am
Thread Starter 

Just wanted to thank you for all your replies icon_biggrin.gif I now can now guesstimate a rough price and feel a bit more confident about not over pricing/underpricing! 

xxx

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