Sunday, September 9, 2012

Wedding Cake Prices: 2 ways of pricing

This is the 1st of 4 consecutive posts discussing Omaha wedding cake prices.
For this 1st post, I'll discuss two ways most wedding cake bakers price their cakes.

About 85% of Omaha wedding cake bakers charge by the slice, while 15% charge according to time and material or what is also referred to as total servings.

"Charging by the slice" is a simple way for you to understand pricing and it keeps it simple for the wedding cake designer.

As an example, if you are undecided about getting a cake that serves 75, 100, or 150 servings at $5 per serving, you can quickly calculate prices of $375, $500, or $750.

If a wedding cake bakery charges by "Time and Material" or "Total Servings," the calculation of cost for the same three cakes of 75, 100, or 150 servings could be dramatically different.

For example, the cake could start out at $5 per serving for 75 servings as in the first example, but at 100 servings the price drops to $4.50 per serving and at 150 servings, the price drops to $4 per servings.

So, 150 servings from a time and material baker for the same cake in the first example would be $600 instead of $750, a savings of $150.

Their prices drop as the cake gets larger, because a 150 serving cake does not take twice as long to produce as a 75 serving cake. In essence, they feel it's more fair to you. 

To put this example into perspective; a 75 serving bridal cake with a moderate amount of decoration may take 4 hours to create, while a 150 serving bridal cake with the same decoration may only increase the overtime time by 1-2 hours for a total of 5-6 hours...not 8 hours.

I'm not saying that the first type of wedding cake designer is overcharging you. I'm simply pointing out the two main ways wedding cake bakers in Omaha charge for their wedding cakes.

The bottom line: Whether they charge by the slice or time and material, it's still the final price that matters. 

Have a question about wedding cake prices? Post it here.

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