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Costing Stiletto cupcakes

post #1 of 8
1/17/13 at 2:18am
Thread Starter 
Can anyone advise me on how much I should charge for cupcake stilettos? I'm only starting out but I've been asked to make some for a friends neice. I usually sell my cupcakes for £1 and that covers everything. These stilettos have wafer and choc as well as sanding sugar. I always feel bad charging more than £1 per cupcake. Any advice would be helpful.
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post #2 of 8
1/17/13 at 1:52pm

local retail delicious cupcakes cost $3.50 u.s.

 

5.60 your pounds

 

that's in a specialty cupcake shop

 

the extra on that siletto cupcake should be easily another $2.50 u.s. (or more)

 

4.00 your pounds

 

so 9.50 pounds( $7 u.s.)

 

don't  you think???

 

they are each one a sculpture

 
 

 

 

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post #3 of 8
1/17/13 at 1:54pm

if my math is right for the conversion :)

 
 

 

 

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post #4 of 8
1/18/13 at 8:01am
Thread Starter 
Oh wow. That sounds a lot. Would people actually pay that? Yes you're right, each shoe is a sculpture. I always feel bad for charging for cupcakes. Thank you for your help xx
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post #5 of 8
1/18/13 at 8:23am

yes they will

 

the store i'm referencing is a chain cupcake store--

 

there are many of them selling primarily cupcakes alone

 

they don't even fill the cupcakes--for $3.50 u.s.

 

which is like two of your pounds

 

very tasty cuppies too

 

and that's before any stiletto action at all

 

so yes people pay that to the tune of supporting many freestanding cupcake businesses

 
 

 

 

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post #6 of 8
1/18/13 at 8:29am
Quote:
Originally Posted by salbash View Post

Would people actually pay that?

This is why it's so important to have a business plan and do research on your target markets. If you find a target market that will pay £8-10 for a cupcake, you can offer this type of product. If your target market is only willing to pay £1 per cupcake, you are probably better off not selling cupcakes at all considering how much you will end up paying yourself.
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The Bakery Business Perspective
An experimental blog with new content every Tuesday!

Recent Articles: The Magic Pricing Formula • Copyright Law
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post #7 of 8
1/18/13 at 8:31am

yes for sure!!

 

lots of planning and number crunching--very important--vital

 

boring (to moi) but vital icon_lol.gif

 

much rather make stilettos!!!

 
 

 

 

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post #8 of 8
1/18/13 at 8:42am
Thread Starter 
Great advice thank you. Ill definitely need to have a serious think and plan. .. In between making beautiful shoes icon_smile.gif
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