Any advice/opinions would be great!
I’ve been moving towards selling doughnuts but I’m getting ridiculously frustrated because people aren’t really willing to pay more than £1/£1.25 each.
This is the same price you pay at chain stores such as Gregga, Percy Ingle where the doughunts are mass produced in which case even 10p profit can workout to be millions by the end of month due to the sheer volume of doughnuts sold.
Mine are handmade and I really do put a lot of effort in. Also, as I’m not mass producing I’m not bulk buying ingredients which means that the cost is greater to myself.
If I sell the doughnuts for £1 each and factor in the fact that it takes me hours to make them then i would end up paying myself like £2 hour which is insane!
Does anyone have any price suggestions?
I have attached some pictures, the dark coloured ones are cinnamon sugar not burned!
Many thanks
I’ve been moving towards selling doughnuts but I’m getting ridiculously frustrated because people aren’t really willing to pay more than £1/£1.25 each.
This is the same price you pay at chain stores such as Gregga, Percy Ingle where the doughunts are mass produced in which case even 10p profit can workout to be millions by the end of month due to the sheer volume of doughnuts sold.
Mine are handmade and I really do put a lot of effort in. Also, as I’m not mass producing I’m not bulk buying ingredients which means that the cost is greater to myself.
If I sell the doughnuts for £1 each and factor in the fact that it takes me hours to make them then i would end up paying myself like £2 hour which is insane!
Does anyone have any price suggestions?
I have attached some pictures, the dark coloured ones are cinnamon sugar not burned!
Many thanks