- 66 Posts. Joined 1/2012
- Select All Posts By This User
Opinions Needed For Mini Cupcakes
Cake Central Top Picks
The cupcakes sound right on target, but you're way undercharging for the mini cakes! I'm thinking more in the $15 to $20 range or more.
A 4 inch round will serve about 6 people. Make sure you're not undercutting yourself!! Sounds like you are for the cakes!
I personally would charge $24 for a fondant covered cake that served 6 people.
Assume ingredients and allocated overhead are $5 for both a dozen cupcakes and a 4" cake.
For a dozen cupcakes, you have $10 to pay for labor, or $7.50 after a 20% markup for profit. For 5 minutes of labor this translates into a wage of $90/hour.
For a mini cake, you have $5 to pay for labor, or $3.33 after 20% profit. For 25 minutes of labor this is a wage of $8/hour.
I recommend double-checking the labor requirements for both the cupcakes and the mini-cakes, then building a price based on your labor, ingredients, overhead, and profit. Check out the Pricing Formula link in my signature below for more info.
Thank you guys for your response. I will have to re think the amount I'm charging for this order and future orders. I think I had the "Thts my friend syndrome" vs " This is my business syndrome". It's hard when you quote a price and the customer sighs about it. If I want to succeed them I will have to charge accordingly.
I went through the same thing for years until I got sick of making stuff and stopped for a while. I wasn't making a dime!!! I would maybe come out with $10 in profit for a cake I spent 6 hours making. I finally said to myself....If someone doesn't want to pay for my hard work, then I don't want to make anything for them!
I honestly don't care anymore if someone says they can't afford it. I tell them I understand completely, but there is so much work involved in a custom cake that I cannot possibly lower my prices. I kindly refer them to other bakers in the area and also suggest a couple of bakeries we have to see if they have better luck there.
It's just not worth my time anymore.