3 (Quick) Tips for How to Price Cakes (& Take Less Than 5 Minutes to Quote!) How to Price Cakes for Profit, with Confidence. Share to SAVE to your timeline. Share with other Cakers Pin it here pinterest/pin/90212798761563593/ I get a lot of questions about how much to charge or quote on cakes. And I love (love, love!) this question, while most people find it difficult and struggle with pricing and quoting. How to Price your Cakes #1 Check out your competitors What are people in your area charging for a similar cake? #2 Go middle of the price range (Think about buying a toaster. Do YOU buy the cheap one or expensive one OR middle of the range?) #3 How do you feel about that price? If it feels profitable, that’s a good price. If you spend longer (amount of time) decorating that cake than you thought you would, then charge extra next time. You now have your sweet spot for pricing! Pricing Guides over here – How to Price Cakes (angelfoods.net/how-to-price-cakes/ How to Charge for 3D, Larger, Sculptured Cakes (angelfoods.net/how-to-charge-for-3d-sculptured-larger-cakes/) How to Charge For Cupcakes (angelfoods.net/how-much-to-charge-for-cupcakes/) Quoting Tips – I have heard people that spend 90 minutes on quotes, and hey, I don’t want you to spend anywhere near as long as that. Refer to Pricing Guide (takes 5 seconds). Offer 3 x quotes (what they are asking for, a budget butter cream cake and offer a high end fondant art option) Add legal notes at the end, ‘’this is a quick quote, to give you an idea on pricing. The final amount will depend on final details to the order, which I am happy to discuss with you’’. Because I get asked this question soooo often, it is why I created the FALL (BACK) IN LOVE WITH CAKE Coaching Program. For people who are scared, alone, stressed, and just can’t figure out how to make a difference in their business. –> Just comment below & I’ll message you the details. For people who have had 1-3 years cake business experience, who KNOW they are in for the long haul, but have seriously thought about quitting, but it leaves them in tears. For people who are so over worked, that they are about to collapse from exhaustion (or already have). For people, who freaking love cake, love business and are going to damn well show everyone that THIS is a real JOB and a FANTASTIC ONE! (Even though your not sure how yet.) And I get you are scared. And the investment scares you. If you are sitting there thinking, ‘I want in, I wanna comment & put my hand up, but I just don’t know’. And therefore do nothing. Tell me… if nothing changes, what changes??? For IT to change, you have to decide it is time for change. Time for it to be different. HOW do you want to feel? Do you want that HUGE sense of RELIEF? Then it is time. –> Just comment below or PM me or email [email protected] & I’ll message you the details. ONLY available for a limited time, until full. (And for anyone who READS THIS & ASKS will get a $50 OFF Voucher!) Xx Remember, it’s time to live you cake biz dream!
Posted on: Wed, 19 Nov 2014 21:18:00 +0000