How to price your home baking: EVERYTHING you NEED TO KNOW! Price the RIGHT way so you earn enough.

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  • Опубликовано: 19 июн 2024
  • Successful home bakers never share pricing info this transparently! Here's EVERYTHING you need to know about pricing your home-baked goods so you can make more profit AND have a balanced life. If you feel you have no choice but to say "yes" to every order (and then burn out), you're not pricing the right way. I used to do the same thing! Watch this video to fix that.
    ⚡*DOWNLOAD THE BAKED GOODS PRICING CALCULATOR FOR FREE*⚡
    You can get them by joining my free Resource Library for home bakers
    philosophyofyum.com/free-reso...
    *MORE PRICING RESOURCES*
    1. 6 Steps to Pricing Your Home Baking with Confidence 👉 philosophyofyum.com/cake-pric...
    2. How to STOP Undercharging and Raise Your Prices 👉 philosophyofyum.com/raise-pri...
    #homebakery #bakingbusiness #cakebusiness
    GET THESE INCREDIBLE RESOURCES!
    🔥 RESOURCES I CREATED FOR YOU!
    ⚡️💻 FREE Home Bakery Masterclass: How to Create a Home Bakery with Consistent Orders - without Wasting your Time & Money on Marketing that Doesn't Work
    homebakerypro.com/
    ⚡️💻 Learn to do your pricing & bookkeeping the RIGHT way so you can earn more income without feeling guilty for charging your customers full price - Confident Pricing & Profit Kit
    www.homebakerypro.com/home-ba...
    👩‍🍳 SHOP MY BAKING ESSENTIALS
    amzn.to/44mzhli
    *HOW TO GET YOUR BAKING DONE FASTER*
    philosophyofyum.com/tips-boos...
    *PHOTOGRAPHY TIPS TO MAKE YOUR BAKING LOOK MORE VALUABLE*
    / 18026591947016719
    Thanks for watching, see you soon!
    Aurelia
    00:00 Why you MUST price your home baking properly!
    01:16 The practical side of pricing: How to calculate your selling prices easily.
    03:03 The emotional side of pricing: How to STOP feeling guilty and charge clients the right way.
    09:08 How to price if you live in a poorer/rural community.
    11:38 Adapting your bakes for wholesale clients.
    12:40 Answering "baking for the love, not for money".
    16:03 How to STOP undercharging for your baking.
    18:49 How to price your time (wage per hour).
    19:29 Customers vanish after you give them a quote.
    21:07 Should you round your prices up/down, so they're all the same?
    22:22 How to convert your recipes from cups to grams for accurate pricing.
    24:00 What time can you charge for?
    26:34 How do you account for constant inflation?
    27:28 How to price your baking for family and close friends.
    29:13 How much profit should I add to each order's price?
    30:08 What should I do when clients complain about my prices?

Комментарии • 82

  • @aureliaphilosophyofyum
    @aureliaphilosophyofyum  Год назад +6

    Thanks for watching this week’s RUclips video! I’m curious; what are your thoughts/struggles about pricing your home baking? Comment down below! Get the free Pricing Calculator here 👉 philosophyofyum.com/free-resource-library-for-home-bakers-and-home-baking-businesses/

    • @kelleymcfadden9675
      @kelleymcfadden9675 9 месяцев назад

      I love your video and I signed up for the free resource library, but I'm terrible at math and even the cost calculator boggles my mind. I don't know how to calculate the cost of a portion of a bag of nuts or a cup of cereal from a box of Rice Krispies. I need somebody to spell it out for me.

    • @aureliaphilosophyofyum
      @aureliaphilosophyofyum  9 месяцев назад +1

      @@kelleymcfadden9675 Hey Kelley! You'll see on the Pricing Calculator there's a section for ingredient costs and there I explain to go to www.cakecost.net/. There you can enter your entire recipe and it helps you to calculate your ingredient costs. Just sign up and click on "new recipe". Copy and paste your recipe according to their instructions, then click the blue "next" button below. Then fill in the costs and package sizes of each ingredient (just check your shop receipt for this or search for the local prices online). Then scroll down and click the "DONE" button (there's no need to fill out the rest of the info). Then you'll see a list with your ingredient costs for that recipe :) Then return to the Pricing Calculator and click the navy blue button "click here for instructions" to see how to use the calculator step-by-step. You've got this!

  • @donnahall8593
    @donnahall8593 6 месяцев назад +17

    I was looking into the Kentucky cottage food laws and how to begin selling baked goods and came across your RUclips channel.I cannot explain my heart of gratitude for your wealth of information. I had procrastinated for so long because of doubt on how to begin with pricing. Although I am in my 60’s I feel it is never to late to begin with the encouragement ,knowledge, and support of people like you. Thank you and God bless you!

    • @aureliaphilosophyofyum
      @aureliaphilosophyofyum  6 месяцев назад +2

      Aww, this warms my heart, Donna, thank you so much for letting me know! Also please do sign up for my free resource library. I have a wealth of info there as well to guide you along this journey. philosophyofyum.com/free-resource-library-for-home-bakers-and-home-baking-businesses/

    • @judichristopher4604
      @judichristopher4604 3 месяца назад +2

      EXACTLY....
      YOU GO GIRL

  • @lidiasoares5675
    @lidiasoares5675 Год назад +8

    You are a Gift of God, Aurelia! May God bless you and reward all your efforts and your kindness.

  • @jayd2450
    @jayd2450 3 месяца назад +2

    I know this video is a year old, I just found your channel and I want to thank you for all the great information!!! ❤

  • @Jamari-Duffy
    @Jamari-Duffy 3 месяца назад +2

    You're the answer to my doubts! I have been feeling like I shouldn't charge much tomy family and friends because I feel guilty of charging friends and family! You just opened my eyes and ears!! Thank you!!

  • @Usmanzor
    @Usmanzor 4 месяца назад +2

    You have no idea how grateful I am for your channel! Pricing is honestly difficult for me

    • @aureliaphilosophyofyum
      @aureliaphilosophyofyum  4 месяца назад

      Thank you so much for sharing this with me, I am so happy to hear my video helped you! If you want more info on pricing, you can sign up for my free resource library here >>> philosophyofyum.com/free-resource-library-for-home-bakers-and-home-baking-businesses/
      All the best!

  • @EvangelineHTown
    @EvangelineHTown 4 месяца назад +2

    Thanks for this vlog! I've recently been thinking about having a bake sale for a fundraiser and have been watching vids on YT for advice. I realize that packaging and pricing, as well as product quality, are what's going to determine the success of my venture, which is why I'm so glad that I've found vids like yours.
    Again, thanks so much for posting!

    • @aureliaphilosophyofyum
      @aureliaphilosophyofyum  4 месяца назад

      Thank you so cool that you are researching before you do the bake sale, I am glad this video was helpful. I wish you all the success!

  • @CrazySlay3r
    @CrazySlay3r 2 месяца назад +2

    I really love your insights Aurelia! You’re like the baker therapist.

  • @lidiasoares5675
    @lidiasoares5675 Год назад +2

    Wow, you are so young, but he more I listen to you, the more I'm mesmerized by your wisdom! This is the best advice ever I have had!!🙏💖

  • @khanyisileshozi8032
    @khanyisileshozi8032 Месяц назад +1

    Thanks Aurelia, your videos are so insightful, I started baking from home and was selling, and stopped. I just realized I made a lot of the mistakes you covered in your other video.

  • @michelledefreitas5915
    @michelledefreitas5915 10 месяцев назад +4

    Thank you for a very enlightened and balanced approach to running an at-home baking business! Really love the idea of offering a classic and gourmet version of goods. You’re experienced advice is invaluable and I’m looking forward to using your calculator to price my baked goods! ❤

  • @katiajules1044
    @katiajules1044 6 месяцев назад +1

    I can't begin to express how much I appreciated this video. Thank you!!! ❤❤❤❤

  • @iredelima1750
    @iredelima1750 Год назад

    YOU are the BEST, great points

  • @M.R.-nt9ue
    @M.R.-nt9ue 5 месяцев назад +2

    Thank you

  • @DawnMcKenzie-so6nu
    @DawnMcKenzie-so6nu Год назад +3

    I am so blessed that I found you!

  • @alejandrochacon6910
    @alejandrochacon6910 Год назад +2

    Thank you for your video, following from CostaRica ❤

  • @angiemenapa
    @angiemenapa Год назад +1

    Thank you, Aurelia, for this wonderful video. Sending love and good vibes from Bolivia, South America. God bless you in your business and in the blessing that you continue to be to the rest of us. 🤗❤

    • @aureliaphilosophyofyum
      @aureliaphilosophyofyum  Год назад

      Thank you so much for your kind comments it means so much, God bless you as well!🙏

  • @unreez6
    @unreez6 Год назад +3

    Yess! Now I ensure my self to stop doing those nos. You have to know I'm extremely thankful you Made this channel. It brights up so much. Keep up and Thank You ❤

  • @amarachianele4671
    @amarachianele4671 28 дней назад

    Hy Aurelia, thanks for this insightful video. Please do make a separate video on photography. Thank you.

    • @aureliaphilosophyofyum
      @aureliaphilosophyofyum  28 дней назад

      Thank you so much! Photography is SO important in a Home Bakery because our photos are our "display case" if you will. Our customers can’t walk into a shop and check out our baked goods in person before ordering. It's our photos' job to draw them in and convince them to buy. For me it took about 5 years of trial and error to figure out what works specifically for a Home Bakery - without needing to buy some kind of fancy setup or an expensive camera. I've put it all together in an online course, Irresistible Photography, that you can check out here >> www.homebakerypro.com/photography

  • @joanhenschel3511
    @joanhenschel3511 Год назад

    Thanks so much, Aurelia.

  • @portialefofane2626
    @portialefofane2626 19 дней назад

    Thank you so much I will take it to practice ❤

  • @aannaak
    @aannaak 6 месяцев назад

    I just found your channel. I think is great. Thank you.

  • @user-fw3j-Arnold
    @user-fw3j-Arnold 4 месяца назад +1

    Your accent makes me miss my friends in South Africa!

  • @kaitlyndurham8589
    @kaitlyndurham8589 Год назад +1

    Hi!! I’m so glad you made this! I’m a new home baker doing smdecorated sugar cookies and I have started by charging pretty low to get my name out there. But now I am booked and baking 24/7. I don’t feel like I can charge high because I’m still learning. How would you approach this? Should I still charge what my time is worth etc even if I’m not super great at it yet?

    • @aureliaphilosophyofyum
      @aureliaphilosophyofyum  Год назад +3

      Hey Kaitlyn! Congrats on starting your business and already getting so many orders! That's awesome 🥳 If you're fully booked and baking 24/7, that's a CLEAR sign you should raise your prices. Even though you're still learning, your baking is already MUCH better than anything your customers can make, and therefor it's super valuable. You account for lower skill levels in your wage per hour and that's sufficient. You MUST charge what your time is worth yes, if you want to have any hope of having a sustainable, profitable business and want to avoid burning out. Remember, pricing is NOT about your feelings at all. It's JUST about the math :)

  • @Jodha1
    @Jodha1 Год назад +1

    That guilt...I'm literally feeling that at this moment. I gave a client a price. They responded to me via whatsapp and I'm too frightened to check their response. 5:11 It's so damn nerve wrecking

    • @aureliaphilosophyofyum
      @aureliaphilosophyofyum  Год назад

      It's very common for Home Bakers to struggle with pricing - please don't get discouraged! It's not your fault. I also struggled with pricing for YEARS. I believe in you; you can do it! 💪 Here is a link to my free resource library that has more info to help you with your Home Bakery journey - philosophyofyum.com/free-resources/

  • @lauraharrison9893
    @lauraharrison9893 3 месяца назад

    Yes to the photos

    • @aureliaphilosophyofyum
      @aureliaphilosophyofyum  3 месяца назад +1

      Hey there Laura! Great news is, since creating this video, I've created a mini course for how to easily take drool-worthy photos of your baked goods 😄 yay! Here's the link >> www.homebakerypro.com/photography

  • @nombusonxumalo6167
    @nombusonxumalo6167 Год назад +4

    Im so happytofind you.joh im so scaredtocharge high.

    • @aureliaphilosophyofyum
      @aureliaphilosophyofyum  Год назад

      I am happy you found this helpful, you are worthy of FULL payment for your bakes! 💖

  • @zainabamien355
    @zainabamien355 22 дня назад

    Thanks .work smart not hard!!

  • @brandiehopkins3538
    @brandiehopkins3538 16 дней назад

    I have a question about charging for the baking time. Since you're using either gas or electricity to run the oven, do you figure that in some how or just kinda eat that cost.

    • @aureliaphilosophyofyum
      @aureliaphilosophyofyum  14 дней назад +1

      Hi Brandie, thank you for watching and your questions. You definitely want to add gas and electricity use in the price of your bakes. I find that mostly bakers are undercharging for their bakes, so it is important to address this first. Sign up to my free resource library to get access to the pricing calculator here >>> philosophyofyum.com/free-resource-library-for-home-bakers-and-home-baking-businesses/
      I offer a Confident Pricing and Profit Kit that really helps answer these types of questions, along with bookkeeping sheets that make it really easy to price your bakes confidently and to keep you on track to know exactly what your profits are and how you need to adjust, check it out here. >>> www.homebakerypro.com/home-bakery-pricing-bookkeeping-templates-course

    • @brandiehopkins3538
      @brandiehopkins3538 14 дней назад

      @@aureliaphilosophyofyum thank you for responding. I definitely plan on checking out the resources you have available.

  • @Susie_86
    @Susie_86 Месяц назад

    I want to keep my margins on point. I feel giving someone 2 extra products (that promotes my products from a category they did not order) over a 10% discount. What are your thoughts on that?

    • @aureliaphilosophyofyum
      @aureliaphilosophyofyum  Месяц назад +2

      Hi Susie, I truly understand the appeal of discounts, but don't do it because it tends to attract "budget customers" instead of loyal customers who value quality and are happy to pay for it. You train customers to only buy from you when they get a discount. Hope this helps and happy baking xo!

  • @cicirh40
    @cicirh40 Год назад

    Hi ! Where can I find the chart for pricing on your site?

    • @aureliaphilosophyofyum
      @aureliaphilosophyofyum  Год назад +1

      Hi there! :) You can join the Free Resource Library to get the pricing calculator. Here's the link to join the library >> philosophyofyum.com/free-resource-library-for-home-bakers-and-home-baking-businesses/

  • @robynmckinney4435
    @robynmckinney4435 Год назад

    This would be such a great resource but the pricing calculator does not work when I download it on my computer😞

    • @aureliaphilosophyofyum
      @aureliaphilosophyofyum  Год назад

      Hey Robyn :) Not to worry, I've got a step-by-step instruction video to help you see how to download and use the Pricing Calculator >> ruclips.net/video/0mpGyGHkkLU/видео.html

  • @user-bw4vc2cu5d
    @user-bw4vc2cu5d Год назад +1

    I baked for a lady and she expected me to drop everything to do her order and for a cake she would only want to give me 5 euros for it. what do you think of this? I can´t even make a profit.

    • @aureliaphilosophyofyum
      @aureliaphilosophyofyum  Год назад +2

      Hi! It's super frustrating when this happens, I really understand! In situations like this it's so important to remember that all customers aren't the same. This woman is a BUDGET-client, NOT your ideal client. You're not obligated to bake for her and don't owe her any favours. Refer her to a cheap bakery that's within her budget.

  • @mrsbeckychaney
    @mrsbeckychaney 11 месяцев назад

    How do I get the free bake good calculated

    • @aureliaphilosophyofyum
      @aureliaphilosophyofyum  11 месяцев назад

      Hey! You just need to join the free resource library to get the free Pricing Calculator 👉 philosophyofyum.com/free-resource-library-for-home-bakers-and-home-baking-businesses/

  • @libyahenry8878
    @libyahenry8878 9 месяцев назад +1

    I hv d same problem pricing

  • @camilasilesbalderrama7023
    @camilasilesbalderrama7023 2 месяца назад

    SCAM!!!! non of this is free like advertised

    • @aureliaphilosophyofyum
      @aureliaphilosophyofyum  2 месяца назад +2

      Hey Camila. The Resource Library for home bakers (with the pricing calculator) is 100% free. My other courses (like Home Bakery Pro, The Confident Pricing & Profit Kit, etc.) aren't free. But the Pricing Calculator IS and always will be free. I don't appreciate your false accusation and I don't understand why you're so upset. You can join the free resource library here >> philosophyofyum.com/free-resource-library-for-home-bakers-and-home-baking-businesses/

  • @lidiasoares5675
    @lidiasoares5675 Год назад +4

    You're the answer to my doubts! I have been feeling like I shouldn't charge much tomy family and friends because I feel guilty of charging friends and family! You just opened my eyes and ears!! Thank you!!

  • @straightedgerick
    @straightedgerick 10 месяцев назад +1

    Your accent makes me miss my friends in South Africa!