Download the FREE Guide and Checklist, Your First Steps to a Successful In-Home Bakery at https://mailchi.mp/thebluebirdbreadco/checklist to begin building YOUR thriving microbakery!

Links to things we talked about:

https://www.cakecost.net/

Caroline Bower Instagram: https://www.instagram.com/carolinebower_sourdough

In this episode of The Bread Winner Podcast, Caroline Bower shares her top tips for pricing your sourdough products effectively. She dives into why it's crucial to value your work and how understanding pricing psychology can make a big difference. Caroline walks through the steps to accurately calculate your costs, introducing handy tools to make the process easier. She also covers the importance of market research, when and how to raise your prices, and how projecting professionalism can boost your business. Plus, Caroline talks about the benefits of special pricing offers and why you should never feel guilty about setting prices that truly reflect the worth of your amazing products. Tune in for practical advice to help you price with confidence!

01:10 Understanding Effective Pricing

02:15 Calculating Your Prices

04:37 Using Market Research

07:55 Psychology of Pricing

10:21 Handling Critiques and Adjusting Prices

16:00 Communicating Value to Customers

16:56 Special Offers and Customer Engagement

17:51 Conclusion and Final Thoughts

3. Maximize Your Bakery Profits with Strategic Pricing 19:37 Share

The Bread Winner Podcast

Shownotes Transcript

3. Maximize Your Bakery Profits with Strategic Pricing