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What would you charge for these at a craft/business fair? - Page 2

post #16 of 18
Quote:
Originally Posted by Kiddiekakes View Post

people just won't buy them from a home based business for that but for some reason they will from Starbucks....Go Figure...


Laurel

This is a common misconception. If you are legal, you should be able to command a fair price. It may be harder to find the right customers, but you can.

www.VeryDeliciousDesserts.com

https://www.facebook.com/pages/Delicious-Desserts/207874222593145

 

It's never "just cake!"

 

You may get a cake for $way to little but you won't get this cake!

Animal
(4 photos)
 
Reply

www.VeryDeliciousDesserts.com

https://www.facebook.com/pages/Delicious-Desserts/207874222593145

 

It's never "just cake!"

 

You may get a cake for $way to little but you won't get this cake!

Animal
(4 photos)
 
Reply
post #17 of 18
Quote:
Originally Posted by Kiddiekakes View Post

Jason _kraft....California I suspect is a very expensive market so although you may think $1.85 for a cakepop is too cheap...Here you just can't charge $3.00 or more...people just won't buy them from a home based business for that but for some reason they will from Starbucks....Go Figure....Plus every stay at home Mom around here is offering to make them for cheap so...I don't really care about the cakepops anyways as they are not a important part of my business..I just wanted something on my table at the fair that was fairly quick and simple to make and appealing to the kids...

If the price for a specific item has been depressed below the point where it's worth it for you to sell, don't sell that item.

For example, if your ingredient and overhead costs for cake pops are $1.50 each and it takes you an hour of labor to make a dozen, you are paying yourself $4.20/hour with zero profit margin for this item. That's less than half the minimum wage.
post #18 of 18

I agree with the respondents who suggest that you either provide samples (your mini-cupcake idea is great - very little labor, and folks can get a "taste" of what you can - and want - to do) or sell at your regular price.

 

Regarding cake pops, I'm in Ohio and have a home-based business. I am not licensed (cottage industry, not required), and my simplest cake pops start at $2.25 each. Complex designs can be as much as $6 - $8 each. My dad gave me a few bits of advice that have stuck with me since I started the biz 1.5 years ago - 

 

1. It's easier to lower your prices than to raise your prices.

2. It's better to sell your product at the right price to one customer than at the wrong price to 10 customers.

 

As I build my business, the "right" customers are finding me - the ones who are willing to pay a premium for the premium products I offer. I have many potential customers put off by my rates, but that's OK - not everyone is the "right" customer for my business.

 

Hope this helps!

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