Pricing is always such a quandry. Do you price it so that it really sells, or do you try to get more and take a chance they don't sell as well.
I have been selling cakes in a mug, nicely packaged, for $5 each. It costs me about $1.70, including all packaging materials, mug and mixes. I have not been counting my time. Finally figured it out, my cost is about 34%. The thing is, people buy them in multiples for co-workers and "just in case", and $5 each seems to work well. Should I take a chance and raise the price to, say $7 or what(?), or just keep it as is.
Last year I sold out of my 15 at a very small show that was one day. This year I am doing one of the largest in the area, 2 days. I have about 50 of them. (I can always use leftovers as gifts, too) Thanks for your input.