Cake Pricing #1: How to Price your Cakes and Make a Living!

https://hellocuppies.com/2017/04/20/how-to-price-your-cakes-and-make-a-living/

“Snippet of the blog post:

Quite often people are a little surprised about how much a cake can really cost, and I see countless posts online completely missing the point about WHY they cost how much they do.

There are many bakers I admire, not just because their work is amazing, but also because they price realistically. It’s hard to know your worth in this industry, but once you find it – stick to it! Don’t be afraid and remember only you can provide the service that you do, nobody else.

I’ve written about this topic a couple of times before, and I’ll probably write about it again in the future. Purely because I really believe it’s important to get it right. It’s not only an insult to yourself to undercharge (as tempting as it may be in order to get the client) but it’s also an insult to the industry and makes things even more difficult with regards to realistic expectations. I often have people asking me for advice on this, whether on my cake page or when I’m teaching cake decorating. The most common questions are:

“How do I work out what I should charge for cakes? What should my prices be? How do you charge? What price would you charge for this cake?”

So, if you often wonder this then you’re in the right place.

This post is mostly relevant for home bakers but can also apply to anyone that bakes cakes, whether it’s your full time job or even just a hobby. One of my biggest bugbears is when I see someone saying “Oh I’m not a professional, I only charge this much” – YOU ARE A PROFESSIONAL! You’re not giving away cakes, you are selling them. Somebody has to pay for all those tools you have, someone needs to be responsible for the gas/electric for your oven. This is why it is really important to work out a sensible, realistic and fair pricing structure. Don’t sell yourself short, your time is valuable – you are worth it.

Plus, who wants to be known as the cheap cake lady.. I certainly don’t – do you?

Follow the link to read more: https://hellocuppies.com/2017/04/20/how-to-price-your-cakes-and-make-a-living/