So yesterday was another big day for my challenge.I went looking for more shortbread, but it looks as though either none were in stock in my local shop or they have been discontinued? interesting....
So I went back to my plan B and bought 2 sponge cakes for 0.46p each, cut them into 6 slices and marketed them for 50p/a slice, after a few hours with only a few sold I then dropped the price down to 40p a slice.
So I sold 4 pieces at 50p and 8 pieces at 40p. Not as good a return as the shortbread but still very good.
This took my retail project; from the original 27p spent on shortbread to over £8 now. With the two events.
Money, Money, Money.... Money!
Strangely although this wasn't as much of a mark up as the shortbread, I didn't get the feeling as was giving the same level of value for the price... Maybe the 50p was moving too close to local market values; or the product itself wasn't quite as good.I like win/win/win situations if at all possible, not sure if yesterday was one; even thou I managed to sell all the pieces and make a good profit; not sure if my friends/customers were getting a real 'win'...
Cake Here - All Gone!
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