So, write down the cost of every tool or utensil you use to bake your cupcakes. And therefore, you these costs need to be accounted for. Mixers, ovens, pans, spatulas, and any other baking tools or utensils cost money. Lastly, the often forgotten part about baking, is the equipment.
Next, I want you to add up the cost of every decorating option you offer for your minimum order of 12 cupcakes. For example, if your minimum order is 12 cupcakes, add up the cost of ingredients it takes to bake 12 cupcakes in every flavor you offer, without any decoration. Starting from scratch, I want you to add up the cost of ingredients for every flavor of cupcake, and every decorating option you offer for your minimum order amount.
CUPCAKE BAKER SALARY HOW TO
Before you determine your pricing, you need to know exactly how much it costs you to make each individual cupcake, and here’s how to do that. This is probably the most tedious part of pricing your cupcakes, but it is the most critical thing you can do. If you make better cupcakes, you should charge more for them, plain and simple. You are researching them to determine how much you should charge. You aren’t researching your competition just to undercut them. However, be careful not to focus solely on price. These are all questions you need to answer in order to determine your pricing. How much do your competitors charge for their cupcakes, and why? What kind of options do they offer? What makes your cupcakes better than theirs? So, if you plan to compete in your cupcake market, you need to research your competition.
You need to zero-in on a price for each cupcake option you offer, and here’s how to do it.Īs nice as it would be, you are not the first person to sell cupcakes. But since you probably have multiple flavors, sizes and decorating options from which your customers can choose, it’s time to get specific. Setting Your Cupcake Pricing: Here’s What You Need To ConsiderĪt this point you should have a general idea of what to charge for your cupcakes.
When setting your prices, you should consider 3 factors: the event at which your cupcakes will be served, cupcake size, and decoration. If you’re selling cupcakes by the dozen, you can charge between $20 and $50 per dozen. Let’s get right to it! How Much Should You Charge For Cupcakes?įor individual cupcakes, you can reasonably charge between $3 and $8. This is a business after all, and in order to keep it running, you need to charge enough to make it worth your while.īut how, exactly, do you go about setting your cupcake prices? The last thing you want to do is start selling cupcakes at a price that pays you less than minimum wage. That being said, you shouldn’t just guess on a price and hope it works out. If you’re getting ready to start a cupcake business, you’re going to have to figure out how much to charge for your wonderful confections.
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