And, I'd love to know what you think, not just about this post but about cake pricing. Cost of ingredients and supplies. 8 Inch Round Cake (Serves 8-12 People) $80. $365 – $570. Baked Goods Invoice Creator. Because supermarkets have a very different business model than ours. it helped me to order a cake. This might be anything from white sugar to edible glitter, cake boards, skewers, ribbons, fondant, the box you packaged it in. One with oil and the other with butter. However, cake pops are lollipop-cake hybrids, made from rolling cake-crumbs in icing or chocolate and coating the mixture in more … The minimum wage in Israel is 25 so when I started cake decorating I did actually charge only 25 per hour. But as my level of skill and expertise grew so did my prices. Remember, the cake is the centerpiece of the party. How much are they willing to pay for them? This post has been so helpful. Do you? So, you see; it's up to you!! Are you offering any extra frills? Unlike most professionals that go to courses and learn by practice, my practice was on the job.While I was very confident in my baking skills, I still had to prove my decorating skills not only to my customers but for myself too. These bikes are meant to serve their users as best friends. I don't have a wide social cirlc3 and often end up making cakes for home and family. As a home baker, you try to use top quality ingredients as compared to generic supermarket brands, and you customize each and every cake. Happy caking, Thank you for this blog it is great learning about cake pricing from you. Also, I try so hard to reduce my costs so that I could charge less for my cakes. In fact, there will be those who cannot afford your cakes and that's ok. Often, the problem with not getting cake orders is not the price but the marketing effort. Since we tend to use the same ingredients in almost all of our cakes. The time you spend on the cake - you must include the time you spend to design the cake, shop for the ingredients, bake the cake, decorate and set up the cake. If you are in a hurry and want fast cake delivery to the destination of your choice, you can trust us. First of all, you need to ask yourself what makes your product better than others? SHARE IT WITH ME, PLEASE.Share a picture of your work with me by uploading an image here below my image on this board. Then, calculate the total cost: 20 + 100 + 5 + 5 = $1307.  I was surprised that some weddings I attended did not have a wedding cake and no one seemed to miss it. Does that make sense? I love your work and your beautiful. Cake pricing is often the most stressful decision a cake decorator has to make. This is a standard pricing guide that includes basic design work on your chosen cake. I can only guide you with how to price your cakes. In fact, I will give you more than one option on how to price your cakes. Do you like my recipes? Veena is the author of three blogs - Veena Azmanov, Cake Decorating Tutorials, and East Indian Recipes.She writes about cooking, baking, desserts, and cake decorating. To get cake orders you first need to create awareness and generate demand for your product. Welcome to my blog. Since in my present market baking a cake from scratch is considered unique and valuable, I use it as my competitive advantage. I'm going to use myself as an example so it's not so geeky.. (wink wink). The more the better. And, as a result, get more orders. For special offers, new goodies, and the latest news join our mailing list. As I explained in the post the pricing depends on the place where you are as well as the ingredients. fillings, new flavors, etc.) The most important point I want to make is this. There is no comparison - right? In addition, do you have a cake pricing guide? Here we sell cakes by servings not by weight so I am not sure how they calculate cakes by weight. Also, keep these costs for your reference. So, how can I charge that from customers? Many bakers base their cake pricing on how many people will be at an event and how many slices are needed for each guest. Veena thank you so much for sharing such a detailed post on this topic. Glad you found this post useful. Also, about your concerns regarding cake pricing. This is an important decision and we have discussed this in detail here on the blog - How to start a cake business from home. You can make your own or hire someone to make one for you. So I made a lot of cakes by just charging for the cost and was very happy about it. Thank you so much for your lovely comment. People who see the cake don’t ask how much you paid for it. Expect to pay at least, ₱10,000 for the hair and makeup of the entire entourage including the bride and groom. 3 tier cake price philippines 28/12/2020. Not Camille's, though. Cake Pricing - How to Price your cakes. The labor is your wage it is not a profit. I wonder, however, if i need to offer options for everyone or if I just choose my target client who is willing to pay for the extras, like personal cake boards designed especially for each cake. You can find all my layer cake recipe here - Layer cake. They purchase ingredients in bulk and at a fraction of the price that we buy them from the supermarket!! Size/Shape: 10 inch/round. The profit comes when you add that last line - % or a mark-up. Therefore, it's very important to have a very good understanding of your costs. Thank you for the lovely feedback. but I would like to know if i'm making a fondant cake with fondant figures or flowers. Lead Time: Two weeks for small orders and at least one month for complex cakes and bigger orders Supermarkets' business model is based on low-profit margins, backed by a cost-driven, highly efficient operation. I know my cakes taste fantastic and are good because I use the best quality ingredients I can find. Hey Joan. It shows here that it has been sent to you. So, I thought I'd write a little post on cake pricing (well, I planned to write a little bit ... it's long.. so grab a cup of coffee). So as you can understand, the level of awareness, and as a result, the demand for, and value of decorative cakes has a direct effect on how much I can charge for my cakes. And at the same time, what are the real costs of making your cakes, and running your business. Some examples include: doing something new, personal consultation, design expertise, modeling expertise, etc. Any cost that is associated with your business but not a direct ingredient in each cake, is considered an indirect cost. 14 Inch Round Cake (Serves 40-45 People) $200. Please feel free to ask any questions if you have. I'm sure you will find some tips there. You can also get trendy Cakes from other brands in Philippines like, BETTY CROCKER and Duncan Hines. In fact, take a look at all the articles under my business section, I think you may find some tips and ideas. Moreover, pricing your cake is not just about adding the costs of ingredients and a markup. Sundry cost (small cost) - $5 6. The first price per unit is the total price for the unit that that ingredient uses- so if the ingredient calls for 2 cups sugar, then the first price per unit would be the price for 1 cup sugar. If you read the post carefully you will be able to make your own calculations. Have a wonderful week. And, if I overcharge, the customer will go somewhere else. Or gift the gourmet apple Bundt cake with a rich fruity flavour. A fruitcake has a high-cost price so I highly recommend calculating how much you will spend and then moving forward with the price you quote. Hi Veena, i am a beginner and i am in search of all relevant/useful information/tips to get started. Happy to help. Thanks a ton. It's simpler to calculate these types of expenses on a monthly basis, rather than on a cake by cake basis. I only use clean fresh ingredients but people expect to pay $15 or so for a 10” glazed bundt made from-scratch. Also, I love your recipes! I considered it as if these customers are funding my education. You are not alone. In some places, sheet cakes are very popular, while in other places no one cares much about them. 10″ Cake – $50.00 Serves approximately 25 to 30 people. 1/4 Sheet Cake-$70.00 how do i price this thing. I have been asked to make a cake for my daughter's friend's birthday and i was wondering whether you would have a chocolate and strawberry cake recipe which can be covered in fondant. And yet, there are those who value the work and effort put into it and are ready to pay for that. I am so happy you found my posts and blog useful. * Prices may change without any prior notice. I really do hope to find a customer base with my bundts. What clientele are you serving? We all have to start somewhere. This article has been most helpful. You definitely do not want people coming to you just because your prices are low? All the above factors are important factors in determining what is the value of your cakes in the eye of your customers. Approx. If you don’t sit down and figure out your costs then you will be under-pricing your cakes. Happy to know my site has become your favorite. For example in an average month, your indirect cost is about 10 dollars per cake. 10 Inch Round Cake (Serves 15-20 People) $110. Most birthdays that my son attends have no fancy birthday cakes.