Posted on Pricing Cakes
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#1 posted 271 days ago |
MiVida Sweets, I’m in the same boat as you. I love making cakes and decorating so much that I always go overboard on my cakes with decorations and end up completely throwing the client’s budget out the window. Of course I can’t go back to them and say “oh, it took longer than I thought”, or “I added a few extra touches”... in the end it is my fault for not charging the correct price and for not sticking to my guns and only producing what they paid for. But many times it’s because the client thinks my prices are too high (which I’ve done comparisons and mine are defiitely on the low side of thescale) and I reduce the price for the sake of winning the order and then end up going overboard anyway. Sometimes I say that I make the cake more for myself and the payment from the client is an added bonus, but in order to build my business I have to start thinking like a business women. Caymancake is right, your price needs to be your price and take it or leave it and it is better for you and your business to take a profitable order than one you will spend a lot of time on with no profit – I need to learn this lesson for myself too. Good luck!! -- Maria @ http://www.facebook.com/rooneygirlbakeshop or http://www.rooneygirlbakeshop.com |
