Baking business without correct pricing is the #1 reason why so many bakers fail.
It is very common for bakers to undersell themselves, either out of uncertainty or fear.
If you are a person who would like to sell their baked goods and actually generate real profit from your sales, you MUST learn about how pricing works and how to apply it to your business, to be successful long term.
This course will utilize special formulas to help you determine the perfect price point to:
- Cover your true costs AND pay yourself
- Stay competitive in your industry, while making a profit
- Allow your business to have growth built right into the pricing
We will go over various steps needed to get yourself to a price point that is right for your unique business.
You will find step-by-step videos, charts and extra tips to make your experience of setting up pricing as simple as possible.
Course steps includes:
- Pricing out your materials in a recipe correctly (including how to transfer a recipe from cups to weight)
- Pricing out other elusive costs, like overhead and depreciation
- Determining how, and to what amount, you want to profit from your sales
- Inputting data into custom charts, to generate clear pricing formulas that are easy to update
- Creating an easy-to-use average pricing chart, so you can quote orders and create offers quickly, even if they are custom
Find Out How Much Your Recipes Cost
Using a simple chart and system, find out how much money you have in each recipe, and divide down to a standard amount to help you price larger batches of that same recipe.
Additionally, I will show you how to transfer a measurement based recipe into a weight based recipe.
Create Your Average Pricing Chart
Putting it all together, you will follow the videos and input all your numbers from your charts right into your average pricing chart.
This chart will hold all the information you need when generating menus, quotes, wholesale pitches, and more!
Go from not knowing what's coming in or going out, to knowing without a doubt, you are profiting from each sale.
With this chart, many bakers gain the ability to generate reliable quotes for customers in just a few minutes!
Your Unique Data
Pricing is heavily based on your own personal data, and knowing what to include in your pricing is key to financial success.
Pull out your notebook, follow our formula guidelines, and collect all the information you'll need to create protective, profitable pricing.
Example Curriculum
Hi, I’m Melissa Fryer, your baking business mentor.
My job is to make sure you know how to start and grow a successful and profitable baking business.
I know just how overwhelming and confusing pricing can be, so I put together this very thorough course, holding your hand through the process. With videos, charts and tons of examples, you'll be able to create your baking business pricing chart and truly understand your pricing and profit.
Many bakers have told me that this course has SO MUCH more information and helpful steps than any other pricing course out there. I know you will find it useful for your business!
With over 16 years in the baking industry, and 7 years teaching professionally, I specialize in gently and genuinely guiding bakers to build better baking businesses, one step at a time.
See you inside the course!!