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How much for this cake? - Page 2

post #16 of 40
Sorry to interrupt, ladies!
I was just reading this post because I have a difficult time pricing my cakes sometimes.
Could everyone please specify the currency when giving a price? Like U.S or Canadian $$ or British pounds etc.

Thanks!! icon_smile.gif
post #17 of 40
I'd like to add my 2 cents worth by attaching this link. I think she summed it up PERFECTLY. I've been told for years that I underprice myself and end up essentially giving them away. I have finally decided that if I love this so much that I am going to actually make money at it and possibly make enough to turn it into a full-time business. Either way, it shouldn't matter. Most bakeries cannot give the time and attention to what we do. Some bakeries' cakes even don't taste as great as mine do--I've been told as much. It's about being fair to ourselves AND making sure people don't take advantage of us. EVEN FOR THE NEW DECORATORS. Read this article, it'll give you a great outlook.

http://www.earlenescakes.com/business09.htm

Traci
post #18 of 40
Heehee Purple, good point, which means I should likely raise my prices as they are Canadian!
Pastry Diva is in Florida so when she is quoting her prices, that is U.S. dollars.
So far nobody has quoted Pounds Sterling.
What I have discovered is that the prices whether in U.S. dollars or Canadian, are pretty much the same, so this is why I haven't specified.
I have checked out a lot of U.S. sites and other than in some areas in Iowa and the other small towns where there are no commercial bakeries and someone has decided that cakes are all priced at $1.00 a serving no matter what is on them, to get more business, I would say U.S. or Canadian, those are the going rates. every time i see that $1 a serving thing applied to all cakes, I want to scream. Everytime I see someone charging $15 and $20 for a cake, I want to scream!
Three and four years ago when the economies of both countries were not great, the going rate for wedding cakes was $1.50 to $3.50 as serving unless complicated or covered with fondant and gumpaste and such. The going rate now, in nearly every area of both the U.S. and Canada that I have checked out, is minimum $3.50 - $7.50 a serving, for very basic. I have only seen one exception and it still was $2.50-$3.50. Again pound cake or anything else is extra.
You really need to check our real, better quality bakeries in your state and local area or your province and local area or your country and local area. The biggest problem is that folks keep comparing prices to Walmart, Costco, all of the big box stores with instore bakeries. There are not the same thing.
I can tell you all that hubbies come in handy, when you consider your prices. Just let them get ahold of your cost sheets and let them time you and check the hydro bills and the gas you put in the car to get all of the supplies and see the bills for all of the cake tools! They will hit the roof when they see that you are not working for anywhere close to minimum wage and they will start to resent it.
I am darn sure that if you take the hourly wages of a cake decorator and take the costs of your cakes and add this together, never mind using any other formulas, many people are working for less than $1 an hour and perhaps up to $4. an hour at the most.
Hugs Squirrelly Cakes
post #19 of 40
Oh Squirrelly that is soo true!! My husband has already done this!! He used to remodel, rough in and trim houses with his dad so he has always had the "my time is money!!" I am still trying to learn this! Very early on he had me sit down and figure out my cost and then he started in on how long does this take you??? Of course my answer was well..... "I am just learning" and "well, I have to stop and start so much with the kids" etc etc. Of course he wasn't buying it! icon_lol.gif I wish there was a magic button we could push wants we decided to start making cakes that would give us confidence in ourselves, our work AND our prices!! Guess that will come with time! He still says everynow and then "Who are you giving a cake to today?" I just kick him in the shin and move on. (Just kidding!!!)
Have a great day.... and pass it on!!~~Charlotte
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Have a great day.... and pass it on!!~~Charlotte
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post #20 of 40
Heehee, you mean it isn't the shin where you are kicking him, haha!
Hugs Squirrelly
post #21 of 40
Here is what I honestly think: I bet any money that this lady is expecting to pay 45.00 for the cake, because that is what you originally were going to charge her. I'd leave it at that!!!
I love my lil' munchkin
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I love my lil' munchkin
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post #22 of 40
lastingmoments...

You're hubby is not funny....HE'S RIGHT...lol
post #23 of 40
I've never charged by the slice...I give the price, take it or leave it.

The price that I am charging for the Barbie on a 12" round is $65.00.
WE CC SISTERS AND BROTHERS NEED TO STICK TOGETHER - LOVE AND PRAY FOR EACH OTHER - STAND WITH AND FOR EACH OTHER - SUPPORT AND ENCOURAGE ONE ANOTHER - YEP - THAT'S WHAT CAKE CENTRAL SISTERS AND BROTHERS DO BEST. !!!

www.freewebs.com/stephanie214
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WE CC SISTERS AND BROTHERS NEED TO STICK TOGETHER - LOVE AND PRAY FOR EACH OTHER - STAND WITH AND FOR EACH OTHER - SUPPORT AND ENCOURAGE ONE ANOTHER - YEP - THAT'S WHAT CAKE CENTRAL SISTERS AND BROTHERS DO BEST. !!!

www.freewebs.com/stephanie214
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post #24 of 40
thank you guys so much for your input here.... i am just starting out in the midwest, and i know i am charging way too little! i wont even tell you what i charged for my last barbie cake.....okay i will but dont laugh at me. it was a cheap imitation barbie, and i just star tipped the dress,it was very simple and done for a friend.....i only charged $18.00 i could kick myself!!!!!! although i do have pictures for my portfolio
i am just starting out , so i am practicaly giving cakes away to get my name out, and to get practice.
i've read many post about this, and i know, i know......
my confidence is getting built though and i've told my customers that once i am liscenced (sometime this year) i will be going up on prices, so they know they wont be paying these low prices forever.
i also charge 15.00 per cake box that i use. like a 1/4 is 15.00 and 1/2 is 30.00 which is what price chopper sells them for.
i know what your going to say....too low
maybe i just need to hear it one more time?
you guys are great by the way!
melody
post #25 of 40
Haha, ok, one more time, too low!
The other issue is that if one decorator in an area charges prices too low then the other decorators in that same area are considered to be too high. So everyone ends up having to lower their prices and work for peanuts and work very hard producing several cakes instead of less cakes for more money.
And once folks are licensed, when you suddenly raise your prices, it doesn't go over well with the public, think gasoline prices for example and gas you cannot do without, but cakes, heaven forbid, you can.
Just something to think about!
Hugs Squirrelly Cakes
post #26 of 40
Thread Starter 
Well, I told her $55 for that cake. She e-mailed me back and said "Great! Thank you go ahead and plan to do it. Do i pay you in advance or when i pick it up?"

What was I so worried about! Of course this was a e-mail coversation, so you never know if they are really cussing on the other end and writing something different. lol

SquirrellyCakes: You said you did like to use MMF for these bows. Why not? What should I use. I know I am supposed to add gum-tex, right?

Thanks,
Angela
Angela
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Angela
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post #27 of 40
I'd charge a million dollars for it (U.S. currency that is). That way, if you sell just one cake, you dont have to worry about how much to price the next one. If you feel bad about asking for a million bucks, start off at a million, let her talk you down to $60 or so. That way she'll be really happy and think she got a real deal on a million dollar cake. Just dont plan on buying the yacht this month.
post #28 of 40
HI ALL
reading these posts has got me thinking. Look at this cake. I just did this cake for a 9-17-2005 wedding. Bride was providing the flowers, (which are not what we wanted) sizes are 14x2, 10x2,8x2, 6x2. All done in bc, simple yellow cake.
I charged her $1.00 per serving, 25$for delivery and set up ( I had to do all the flowers) total came to $152.00. I used Wilton to determine the #of servings. After reading these posts make me think maybe I should raise my prices also. Maybe $1.25 per slice. I do not know how to charge for my time or for the difficulity as I have nothing to go off of. I too am from a small town with only a hand full of decorators. Myself and one other gal are the only 2 in my area that have state certified kitchens.
Happy Baking, Joy
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Happy Baking, Joy
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post #29 of 40
Thread Starter 
Joy: From one small town gal to another small town gal, I start my wedding cakes out at 1.50 a serving. I have only done one wedding cake, but my price would go up from there depending on the type of decorations. I think that your cake was well worth $200 or more.

Angela icon_biggrin.gif
Angela
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Angela
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post #30 of 40
Angla, you are so right!!!!
My prices just went up icon_biggrin.gificon_biggrin.gif
Thanks to all
Joy
Happy Baking, Joy
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Happy Baking, Joy
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