How to Price Your Cakes. The 8 KEY INGREDIENTS to properly pricing your cakes!

You can grab a copy of our FREE PRICING TOOLS HERE: pricing.janellecopeland.com

Pricing your products is the most crucial aspect of your business. Having the right price ensures that your product is valued appropriately. A great pricing strategy also helps to separate you from your competition. Sometimes what separates high-quality products from products of lesser quality is price. Price can help your customers distinguish one from the other. People tend to believe that what cost more must do more or be more. But, before we can price anything we have to account for every cost associated with creating your product. Skipping this step will be disastrous for your business. So in this video we breakdown 8 key ingredients to properly pricing your Cakes. And we are not just talking about sugar and flour we're talking about everything from your actual ingredients to your electric bill. Leave us a comment and share your biggest takeaway​.

You can get FREE PRICING TOOLS HERE: pricing.janellecopeland.com

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HOW TO PRICE YOUR CAKES Show Notes
:30 What do you wanna talk about?! What are you struggling with? Let me guess… PRICING?!
1:01 There are 8 KEY INGREDIENTS to properly pricing your cakes!
2:12 KEY INGREDIENT #1 - Price out ALL your ingredients for whatever you are making (flour, sugar, butter, eggs, baking powder, vanilla, salt, red food coloring, cream cheese, powdered sugar etc.)
5:47 KEY INGREDIENT #2 - Price out ALL your decorating supplies for what you are making (gold paint, food coloring, fondant, spatulas, piping gel, sequin impression mat, etc)
6:46 KEY INGREDIENT #3- Price out ALL paper and packaging needed for your finished product (cake drums, straws, dowels, boxes, crinkle paper, ribbon, etc)
08:58 KEY INGREDIENT #4 - Price out ALL your cleaning supplies! (Dish soap, sponges, towels, laundry detergent, paper towels, trash bags, sanitizer, bleach, etc)
9:51 KEY INGREDIENT #5 - Price out ALL your business related utilities (Gas, water, electric….Home bakers tend to ignore this one!!) Formula for homebakers at 13:02)
13:34 KEY INGREDIENT #6 - Price out ALL your equipment (edible printer, mixers, rolling pins, ovens, refrigerators… formula for homemakers at 16:37)
18:48 KEY INGREDIENT #7 - Price out your TIME
23:49 KEY INGREDIENT #8 - The MOST important ingredient…. PROFIT!
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Видео How to Price Your Cakes. The 8 KEY INGREDIENTS to properly pricing your cakes! канала The Cake Mamas