It’s a 9×9 coffee cake with sweet cinnamon & cardamom, a classic icing drizzle and the most premium ingredients used.
by LilConscious
28 Comments
[deleted]
[deleted]
LilConscious
Forgot to mention: I live in a country where bakeries don’t really make these or rarely only sell by slice and overpriced.
kitchenhussy
It looks lovely, but I would not pay more than $15 for a coffee cake.
Birdie121
9 generous pieces at $3 per serving, looking at maybe $25-30 for the whole cake.
RobNHood816
How much ya got ??
bea_8090
Add all costs including packaging then add labor cost. You can also check competitors how much they charge.
TheRemedyKitchen
If it tastes as good as it looks then you should be charging top dollar for your area
Extreme-Solid2252
Supplies plus time to create multiply your hourly rate equals cost of item
LilConscious
Family that placed this order decided to pay me $40 + $5 tip because they’re big coffee cake fans and I’m the only one in the area who makes them. My cost was $15.33. I’m confused why my currency comment got downvoted but I guess some people are having a day.
stumpykitties
I’m sorry I don’t know anything about pricing baked goods…
I just wanted to say, that looks like a perfect coffee cake!! I don’t think I’d be able to share that with anyone lol
Artemis_Rules
take the cost of the cake and add minimum wage for people in the industry and see if you can pay the bills with that. if not, add more to the cost.
SpecialReserveSmegma
Cost of ingredients + whatever time it took multiplied by what you think you’re hourly rate is worth/fair.
2pacgf
IMO, it was still cheap, $40 +5 tip. The cake is due to quality ingredients. available bakeries would have cost 50 to 60 dollars. Labor is more expensive where you can’t find the labor to find this. Do not undervalue how to make something just because you have an availability how to make it.
Edit: The problem is that you already sold it cheap, so it will be hard to go high. You will need to keep the price low.
LilGreenOlive
I also struggle with pricing baked goods! I just sold some rolls that I probably could have priced higher due to the time and labor involved. I’ve told my parents about my sales and they seemed shocked that people will pay $25 for a pie when they can just buy a Marie Callender’s for $8 from the frozen section. My prices are in line with other bakers/bakeries in my area.
I feel like $40 is a fair price for the quality of ingredients used, and your customers thought you deserved even more!
BlueBellz
Your making 66% margin on it which okay.
soffeshorts
40-45 seems great! This is a beautiful cake but also not a particularly complex one to make. And I put it more in the simple breakfast treat category than cake category (i know that’s not a formal category – maybe like banana bread, etc) so I feel like there’s an upper limit on price tolerance. That said, this is a very elevated coffee cake!
DeadpooI
How much was the box? Or the more important question, how long did this take to make?
rossmcdapc
Not quite able to answer the pricing question too accurately. However, this looks fucking incredible. Genuine one of the nicest most impressive things I’ve seen on this sub in a while.
GKellyG
You need to calculate your cost price of all the ingredients used by weight of this cake. Plus hours you spent on it and give yourself a fair hourly wage, then calculate the price of facilities such as electric/gas/water. For me usually this works out at about 20% of the cost of the ingredients+wage. So for that cake for me here in Ireland would be about 40.97€. That’s with a 12.50 wage hourly for 2 hours work roughly. It’s expensive for the customer, but when you buy from small businesses that’s what happens, they need to make fair money back. Best of luck.
parthpalta
Take the cost of ingredients, cost of packaging, cost of baking (electricity). Let’s call this sum as COGS (cost of goods sold)
Calculate how much active time you spent on it. I’m assuming 30-40 minutes. Let’s round it off to an hour.
COGS x 3.2 is the bare minimum.
That’s you breaking even, and making a small profit maybe after paying for ingredients (you don’t buy and sell in bulk yet, so bulk prices don’t apply)
Then, how much do YOU want to be PAID for an hour or your work?
You could charge minimum wage or you could just charge whatever you feel comfortable with.
Know that your product looks great, and that took practice, effort, and experience. Don’t undercut yourself because you want to sell a lot.
Those who want it, will pay for it.
verminV
(Cost price + hourly rate + taxes) x2.5
Wabisabi313
Y
Own-Tune-9537
17 soviet era rubbles
Aschentei
Why don’t you ship that over to me and I’ll calculate it for you?
Queen_ofawe124
The crumbles on the top of the cake looks amazing! Not a plain jane cake.. should be nicely priced.
TheTitansWereRight
0 dollars so you can give it to me for free!
ObjectiveAnalysis645
Idk mail it to me first to taste test and then I’ll let you know
Silvercoat_Ethel23
Depends how much were the ingredients then add the labour effort for example: if the stuff was 40 make it 50 if it was 20 make it 30 etc
28 Comments
[deleted]
Forgot to mention: I live in a country where bakeries don’t really make these or rarely only sell by slice and overpriced.
It looks lovely, but I would not pay more than $15 for a coffee cake.
9 generous pieces at $3 per serving, looking at maybe $25-30 for the whole cake.
How much ya got ??
Add all costs including packaging then add labor cost. You can also check competitors how much they charge.
If it tastes as good as it looks then you should be charging top dollar for your area
Supplies plus time to create multiply your hourly rate equals cost of item
Family that placed this order decided to pay me $40 + $5 tip because they’re big coffee cake fans and I’m the only one in the area who makes them. My cost was $15.33. I’m confused why my currency comment got downvoted but I guess some people are having a day.
I’m sorry I don’t know anything about pricing baked goods…
I just wanted to say, that looks like a perfect coffee cake!! I don’t think I’d be able to share that with anyone lol
take the cost of the cake and add minimum wage for people in the industry and see if you can pay the bills with that. if not, add more to the cost.
Cost of ingredients + whatever time it took multiplied by what you think you’re hourly rate is worth/fair.
IMO, it was still cheap, $40 +5 tip. The cake is due to quality ingredients. available bakeries would have cost 50 to 60 dollars. Labor is more expensive where you can’t find the labor to find this. Do not undervalue how to make something just because you have an availability how to make it.
Edit: The problem is that you already sold it cheap, so it will be hard to go high. You will need to keep the price low.
I also struggle with pricing baked goods! I just sold some rolls that I probably could have priced higher due to the time and labor involved. I’ve told my parents about my sales and they seemed shocked that people will pay $25 for a pie when they can just buy a Marie Callender’s for $8 from the frozen section. My prices are in line with other bakers/bakeries in my area.
I feel like $40 is a fair price for the quality of ingredients used, and your customers thought you deserved even more!
Your making 66% margin on it which okay.
40-45 seems great! This is a beautiful cake but also not a particularly complex one to make. And I put it more in the simple breakfast treat category than cake category (i know that’s not a formal category – maybe like banana bread, etc) so I feel like there’s an upper limit on price tolerance. That said, this is a very elevated coffee cake!
How much was the box? Or the more important question, how long did this take to make?
Not quite able to answer the pricing question too accurately. However, this looks fucking incredible. Genuine one of the nicest most impressive things I’ve seen on this sub in a while.
You need to calculate your cost price of all the ingredients used by weight of this cake. Plus hours you spent on it and give yourself a fair hourly wage, then calculate the price of facilities such as electric/gas/water. For me usually this works out at about 20% of the cost of the ingredients+wage. So for that cake for me here in Ireland would be about 40.97€. That’s with a 12.50 wage hourly for 2 hours work roughly.
It’s expensive for the customer, but when you buy from small businesses that’s what happens, they need to make fair money back.
Best of luck.
Take the cost of ingredients, cost of packaging, cost of baking (electricity). Let’s call this sum as COGS (cost of goods sold)
Calculate how much active time you spent on it. I’m assuming 30-40 minutes. Let’s round it off to an hour.
COGS x 3.2 is the bare minimum.
That’s you breaking even, and making a small profit maybe after paying for ingredients (you don’t buy and sell in bulk yet, so bulk prices don’t apply)
Then, how much do YOU want to be PAID for an hour or your work?
You could charge minimum wage or you could just charge whatever you feel comfortable with.
Know that your product looks great, and that took practice, effort, and experience. Don’t undercut yourself because you want to sell a lot.
Those who want it, will pay for it.
(Cost price + hourly rate + taxes) x2.5
Y
17 soviet era rubbles
Why don’t you ship that over to me and I’ll calculate it for you?
The crumbles on the top of the cake looks amazing! Not a plain jane cake.. should be nicely priced.
0 dollars so you can give it to me for free!
Idk mail it to me first to taste test and then I’ll let you know
Depends how much were the ingredients then add the labour effort for example: if the stuff was 40 make it 50 if it was 20 make it 30 etc