If you’re thinking of starting a home baking business; you may be wondering what all the fuss is about when it comes to costing and pricing. I’ll be sharing why it’s important in this post.
Just to update you, we now have an online beginner costing and pricing class for bakers available to sign up. This class is available for purchase and is specifically meant for bakers who want to bake for business and would like to know how to cost their baked products and price them correctly. Once you purchase this class; you have lifetime access anytime and can log in anywhere as long as you have internet access on your mobile, desktop or laptop. You can watch the class at your own pace and download the worksheet to work with as you go along.
Click here to sign up for the class. Once you make payment; sign up to get an account, you’ll gain access to log in and start viewing the class. You may be wondering; why should I sign up for this class? Let me tell you why ^_^
Proper costing is the key to baking business success
If you are a Baker or Bakerette who wants to get into the baking business; or you have been selling your cakes or pastries from home but you’re struggling with how to actually price properly, then this class is a must for you. This is the only way you will grow and be successful in your business; by knowing how to find out the actual cost of making your baked goods and then finding out how you should set a price. If you don’t know how much it’s costing you and you’re setting a price by copying other bakers or estimating; you could be making a loss that will affect your business and possibly cause business failure over time. This means you have to sit down; find out how much it’s costing you to bake your cakes. Then you can price your cakes, cupcakes & other baked goods correctly.
Click here to watch a video on why costing and pricing is important for your business.
You need to use the right pricing strategy for your baked products in order to gain sales
You may not know this; but there is more than one factor to consider when setting a price for your baked goods menu. The online costing and pricing class breaks down the various strategies of pricing and why each is important. This will be a guide to you on which strategy suits your home based business or small baking shop; you can then choose one or two strategies based on your baking business type, niche and the products you’re selling to your target market. Bottom line: this class will help you price your cakes and cupcakes correctly after finding out how much it costs to bake them.
After taking this class we will help you and offer support where you feel you’re struggling in your costing and pricing
Once you sign up and view the class, then do your costing with the downloadable template; in case you still find you have question on the costing and pricing process we will assist. We have a Facebook group for our online class community in which you can ask your questions and get them answered. We will also be holding live bi-weekly sessions where students can ask questions and we’ll answer them in order to bring clarity where anyone is struggling.
By now; if you haven’t already signed up for the class, I know you’re ready to do so ^_^
Get the class and get started on costing and pricing your baked products the right way.
Feel free to comment below if you have any inquiries on the pricing class or on costing and pricing. Do share this post to help out any other bakers or bakerettes who may be struggling with costing and pricing.