Learn how recipes help you see how much it costs to create a batch of your product and the best price to sell per piece.
A recipe is a list of materials used to create a batch of your product. You can:
- Check if you have enough materials to make a batch
- Track how much producing a batch of your product will cost
- Set the best price to earn a profit
By adding recipes in Craftybase, you can reuse these lists each time you create manufactures for your products.
Craftybase automatically calculates your total materials cost based on the current value of the materials in your recipe.
- 2 cups cake flour
- 1&1/2 cups granulated sugar
- 1 tbsp baking powder
- 1 tsp salt
- 7 large egg yolks
- 1/2 cup vegetable oil
- 3/4 cup cold water
- 1 tbsp vanilla extract
- 7 large egg whites
- 1/2 tsp cream of tartar
In Craftybase, Charlie opens the chiffon cake product page and adds their recipe. They see how much material they'd need to make this recipe and if they have enough on-hand material stock. With this information, they stay on top of their stock levels to sell chiffon cakes every week.
Taking the recipe's total manufacturing cost and the number of chiffon cakes they can sell, Charlie sees pricing guidance information in Craftybase. This helps them decide how much to sell one chiffon cake, so they earn profit with each sale.
Craftybase provides suggested minimum prices if they sell their chiffon cake wholesale, at a physical shop, on Etsy, and more.