Yes, that horrible thing called pricing. At least, it's always been like a plague for me. I just never know what's an appropriate price for things.
I look it up on the internet, you know the whole 'price equation' and I look around and see what others charge for things...but it always seems like it's so much. I guess, for me, I would never pay these prices for cupcakes, cakes, pops, cookies, etc. Perhaps because I know I can just make them??
My latest pricing predicament is for cupcakes. A neighbor ordered cupcakes for a b-day party in school. And I have no idea what to charge for them. If I low-ball it, based on the average price out there for the bakery and/or home baking business, it would be $2/cupcake. Wow...I think...that's a lot for cupcakes for school. Like I said, I would just bake them myself, you know?? So, do I go lower or charge the $2/cupcake??
Oh, what to do, what to do...
On the flip side...we home baking business owners need to make money so I just need to man up and charge what I need to charge, right???
Yes...this is my biggest weaknes!!
Comments are welcome:)