Overview
Knead helps you price your products and understand your margins. Set a price per sell unit, and if you have recipe costs entered, Knead calculates how much you keep after ingredients. No spreadsheets required.Where to Set Product Prices
You set prices in your product catalog.- Open your catalog and tap the product you want to price.
- Enter the price in the Price field.
- Tap Save.
How Sell Units Affect Pricing
Your sell unit defines what a customer is buying and what they are paying for. It is critical to get this right because it flows into every part of Knead.| Sell Unit | Customer Sees | Invoice Shows |
|---|---|---|
| Each | ”$3.50 each" | "6 each @ $3.50” |
| Dozen | ”$28 per dozen" | "2 dozen @ $28” |
| Half dozen | ”$16 per half dozen" | "3 half dozen @ $16” |
| Loaf | ”$9 per loaf" | "2 loaves @ $9” |
| Box | ”$35 per box" | "1 box @ $35” |
| Batch | ”$22 per batch" | "1 batch @ $22” |
Understanding Your Margins
When you attach a recipe to a product and enter ingredient costs in The Pantry, Knead calculates your margins automatically. The margin is the difference between what you charge and what the ingredients cost. Knead shows this on the product detail page as:- Recipe cost — The total cost of ingredients for one sell unit.
- Margin (dollars) — Price minus recipe cost.
- Margin (percent) — The percentage of the price that is profit after ingredients.
- Recipe cost: $6.50
- Margin: $21.50
- Margin percent: 76.8%
Good to know: Margins reflect ingredient costs only. They do not include your time, packaging, delivery, or overhead. Use them as a starting point, not the full picture.
Tips for Pricing Your Baked Goods
Start with your costs. Know what your ingredients cost per sell unit. The Pantry and recipe costing features make this easy. Factor in your time. A product that takes four hours to decorate should be priced differently than one that takes 30 minutes. Knead shows ingredient margins — add your hourly rate on top. Check your local market. Look at what other bakers in your area charge for similar products. Your prices should reflect your quality and skill level. Raise prices gradually. Small, regular increases are easier for customers to absorb than one large jump. Use round numbers. 28.50. Customers make faster decisions with simple prices.Related Articles
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