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Prices...How Much?!?

post #1 of 56
Thread Starter 

700

 

 

 

 

These are a few of the sugar cookies and (1) tired cake I have done so far, and I'm at the point where I need to know what to charge when people ask me for something... especially cakes!!! I don't want to undercharge & be taken advantage of, but I don't want to rob people either, and give them something they love for an affordable price.  Thanksicon_smile.gif

post #2 of 56

Figure out how much it costs you to make them. Then check out this link.

 

http://jasonkraftblog.wordpress.com/2013/05/14/the-magic-pricing-formula/

 

No one can really tell you how much to charge. It is based on your own costs and the area in which you live.

post #3 of 56
Thread Starter 
Thank you! With the cake I had no idea because it was my first one.
post #4 of 56

You're welcome! Have you ever used royal icing on your cookies? It gives it a more polished look and the taste is so much better. 

post #5 of 56

Also check local bakeries...not grocery bakeries. Send them a picture of the John Deer cake and say you want something similiar to this pic you found and what woud they charge. I wouldn't do it with every cake because their time is valuable but it will give you an indication of your market.

post #6 of 56
Quote:
Originally Posted by BatterUpCake View Post

Also check local bakeries...not grocery bakeries. Send them a picture of the John Deer cake and say you want something similiar to this pic you found and what woud they charge. I wouldn't do it with every cake because their time is valuable but it will give you an indication of your market.

 

Ditto the not grocery store bakeries. That is NOT your target audience. Not sure I would ask local bakeries, especially not by making them think that you are going to order from them. Most have websites, some with prices but most specialty cakes are specialty prices and not listed. BatterUpCake, I just noticed you are from Norfolk, Va! I miss it! I am from a town across the James but moved here to Florida for my hubs. I miss having 4 seasons!

post #7 of 56

I just had a very good friend in NY tell me today that people wouldn't pay $2/slice for cake there. She has been doing this for over 20 years and her cakes are beautiful. I had to call a few bakeries to convince myself what my work was worth. And it was recommended to me here. It wasn't fair for me to use a formula of how many hours I worked because something that took me 6 hours may have taken an experienced baker 1...anyhow pricing is a sticky subject and the old timers on here do not like discussing it. You have to kind of figure it out for yourself using some of the tools provided by Jason and others. No one can tell you what to charge for your cake in your area....

post #8 of 56
Quote:
Originally Posted by BatterUpCake View Post

I just had a very good friend in NY tell me today that people wouldn't pay $2/slice for cake there. She has been doing this for over 20 years and her cakes are beautiful. I had to call a few bakeries to convince myself what my work was worth. And it was recommended to me here. It wasn't fair for me to use a formula of how many hours I worked because something that took me 6 hours may have taken an experienced baker 1...anyhow pricing is a sticky subject and the old timers on here do not like discussing it. You have to kind of figure it out for yourself using some of the tools provided by Jason and others. No one can tell you what to charge for your cake in your area....

I have definitely learned they don't like discussing it! I have seen some very heated conversations and most center around price. 

post #9 of 56
Thread Starter 
I checked with one of the bakeries that do cakes like this, and it was very helpful (price wise) Where I'm located there aren't any bakeries (that includes ones in places such as WalMart) for at least 30 miles!
I don't like to judge price by the hours I spend, because I'm new and slow lol! Some people expect to find a cake off of Pinterest or Facebook and have you do it for a store bought cake price<~~~~~ This the problem I ran into! icon_sad.gif I know it's a sticky subject
post #10 of 56
Also be aware that the John Deere logo is copyrighted, so you would need to get permission from the company before using it.
post #11 of 56
Thread Starter 
Good to know!!!! How would I go about doing that (not that I plan on doing a cake like this again!)
post #12 of 56

They can't get a cake like that at WalMart. So if they want a WalMart price recommend they go to WalMart and tell them to keep you in mind when they want a special, custom cake. It can be done without being rude. I am by far no expert on pricing....all I can do is pass along what some of the people here told me.

post #13 of 56
Quote:
Originally Posted by MommyMonsterof2 View Post

I checked with one of the bakeries that do cakes like this, and it was very helpful (price wise) Where I'm located there aren't any bakeries (that includes ones in places such as WalMart) for at least 30 miles!

There might be a reason for this...if you live in a very small market there may not be enough people who are willing to pay for quality to support a custom cake business.
post #14 of 56
Quote:
Originally Posted by jason_kraft View Post


There might be a reason for this...if you live in a very small market there may not be enough people who are willing to pay for quality to support a custom cake business.

When I lived in VA, it just meant that I lived in the country and nothing was close by.

post #15 of 56
Quote:
Originally Posted by MommyMonsterof2 View Post

Good to know!!!! How would I go about doing that (not that I plan on doing a cake like this again!)

If you call John Deere corporate headquarters they should be able to direct you to the right person.
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