Originally Posted by SingleMomma419
I have a friend who is getting married in May of this year. this would be my first public showcase of a cake and when she asked me price I said 200 for a 3 tier cake with fondant and scroll work. Prices for this area are 350-400... do you think i'm shooting myself in the foot for this price? She is a really good family friend and I know she is on a tight budget...I just want to know next time if i should charge full price or what? how do I go about this since I only make a cake for family most times and for fun
I agree with the poster above that said the $200 should cover your ingredients, supplies, etc. Your time and skill is the wedding gift to the bride and groom. You will end up "gifting" the couple with 9+ hours of your time, but it sounds as though this will be an adventure and a pleasure for both you and the bride.
BTW, whether or not someone is on a tight budget shouldn't have a lot (or anything), to do with prices quoted for a custom cake. Is the photographer/venue/caterer/wedding dress shop/tuxedo rental shop, etc., giving her a $200 discount because she is on a tight budget? I think not. However, if any of those vendors were close family friends, they may offer a $100-$200 discount in lieu of a wedding gift.
My baking habits are similar to yours, hobby/family/fun, but I've done a couple of big projects as a gift or as charity for a needy family. That's part of the joy of this hobby! One project, for a 100th Birthday Party, cost me about $200 out of pocket, and about 70 hours. I wouldn't have missed it for the world, and will always have the wonderful memories of that fabulous day.
If there will be a "next time", set your pricing structure and rules NOW, NOT LATER! I strongly recommend the CakeBoss software (10% discount for CC members):