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Reply by cakesbyraewyn

Posted on Pricing! Help!

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cakesbyraewyn

3331 posts in 589 days


#1 posted 401 days ago

I agree with all the other posts, very wise words. It’s so hard when you start out but if you under-value your time and effort now, it will be very hard for you to charge more down the track. I charge a minimum of $5 per serving am comfortable at that price point. Be confident in your ability, don’t compare yourself with cheap, mass-produced cakes at the supermarket and DON’T forget to include the box price! lol! I constantly forget this one as it’s always the last thing you do and I recently got stung on $25 dollars worth of cupcake boxes! I hadn’t thought to include the cost in my quote and that really trashed my profit margin.
If you find yourself wavering, just think how much time away from your family is worth and good luck :)

-- Raewyn, Sydney, Australia http://www.facebook.com/pages/CakesbyRaewyn/205607579476102

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