Feeling a bit defeated sa costing ng cookies ko or am I doing bad?
Recently starter a cookie sideline. Just did the costing : computed the ingredients, the utilities and all. Profit margin is set at 20%. It all boiled down to 110 php per cookie. 70 grams. That was my goal. Sa totoo lang, i just mirrored others cookie sellers’ pricing and I think it’s just reasonable. The problem is, my ending profit is just… 22 pesos 🤡 Balak ko pa naman gandahan ng konti yung packaging and branding.
Hindi ganito yung maffeel ko if my concerned relative did not point out my profit. 22 pesos profit for one cookie seems so… Sad? Am I doing something wrong? Mali ba yung computation spreadsheet na ginamit ko lol. Or is that normal? Should i change butter brands? I use anchor, pero kasi i couldn’t find/tried anything cheaper that is able to become brown butter.
If i increase my profit margin or labor, let’s say 130 pesos per cookie, parang wala masyadong bibili?
I wanted to stick to 110 pesos because that’s what my product deserves, at least. I made it 70 grams para sulit. Pero how can I sell it ng hindi ako nagiging kawawa sa huli or para hindi masayang effort ko? Or ganito ba talaga pag nagbbusiness ng cookies?
Apologies for being an anxious newbie haha. Looking forward to your insight and advice! Maraming salamat po.