AFS060 - 4 Tips How to Price For Wholesale

In this episode of Angel Foods Show, I have 4 tips on pricing wholesale. How to price your cakes (cookies, cupcakes, baked items) selling wholesale to restaurants, cafes or caterers. Do you charge by % discount off the regular price? If not % percentage, how do you determined wholesale prices. The Angel Foods Show is brought to you by the Cake Business School. It is only $1 to enrol and learn how to price + market + sell your sweet items. Enrol here – http://cakebusinessschool.com Show Notes: For wholesale as an overall rule of thumb I suggest about 15-30% discount of RRP. That is because it depends on the product and how you can ‘batch’ them up and what your current profit margins are. Tip #1 – Profit margins (or gross profit margins). Make sure you still make a good profit! (I teach how to work out GPM in Price. Market. Sell.) Tip #2 – Quantity. Work out the best quantities in your working space and look at having minimum quantities. Tip #3 – Batching. Batch your work and tasks, so that it makes the best use of your time. In P.M.S. we teach time management and batching and schedules. Tip #4 – Think of the (2) customers. What will the final RRP (price) will be on the product for the end customer? How much profit margins will your wholesale customer have (because that is what they will want to know.) Only 3 days left to grab a spot on Price. Market. Sell. Go from around $1000 to $5000 per month selling cakes + sweets in 2018! Get customers. Charge the right price. Make sales. While juggling it all. Read more and grab a spot here. Plus I will teach you in the first 24 hours on how to make your investment back! You have nothing to lose.