Baking it Down with Sugar Cookie Marketing 🍪
👋 Hey - Heather and Corrie here with the Baking it Down Podcast with Sugar Cookie Marketing (a group on Facebook full of sugar cookiers turned business owners).
🍪 We're here to help you rise with your reach, flood with new followers, bake up new ideas, and make that all-important dough (while makin' that dough - see the pun there?)
🤑. What’s it about? We’re a Facebook Group turned Podcast, Membership, Book Club, and Baking 101 that’s dedicated to assisting bakers in effectively marketing online to generate more sales and better manage their businesses.
🧠 With free Facebook Live classes, hundreds of resources, and thousands of like-minded bakers, there’s a lot to learn in "SCM" (aka Sugar Cookie Marketing). ️🎧 As an extension of our Facebook group, this podcast is here to let you learn by listening. 📈 We'll cover group topics, marketing trends, and more (leaving this wide open in case Corrie wants to start singing).
💸 We take the sweet art of selling online to the cottage bakery world with marketing methods that move products (and pastries).👂 So open up those glorious ear canals because we have a podcast! Just when you’ve thought you’ve “heard” it all with those marketing "miracle" twins (that's our last name - not a proclamation), we’ve got something just for you each week!
🥣 As a baker, you don't always have the luxury of two hands needed to scroll in Sugar Cookie Marketing Group or crack open a book in Sugar Cookie Bookies, but what you can do is listen (unless you're my kid asking “what’s for dinner” for the millionth time).
👐 Hands full of flour? No problem! 👍 18 dozen iced cookies due tomorrow? Let’s do this. The Baking it Down Podcast by Sugar Cookie Marketing is a weekly podcast geared toward helping you grow your bakery business - dropping (almost) every Tuesday.
📅 We choose a topic each week that's either something new and emerging in the world of social media or something that we saw in "The Group" that was a hot topic and we bake it down... I mean, "break" it down for you. 🗯️ What you can expect in the podcast is about an hour of chit-chat with the meat and potatoes right at the beginning of the episode.
🥔 That’s when we dive into the marketing topic of the week! 📞 Oh yeah, folks can call / text / email in with their questions too - a fun way to hear from other bakers out there.
Our promises to you:
1️⃣ We always make it clean = no cursing. We understand that you are busy and could be around little ones while also trying to get your weekly dose of business growth so we make sure that each episode would make our grandma proud and keep it clean so you can listen while also living your life.
2️⃣ We always make it fun. There’s a lot of negativity in the world so we try and make the podcast an upbeat and fun learning experience for you. I mean, we try to make the Instagram updates and changes as happy as we can, but come on Instagram! Give it a rest! No more changes!
3️⃣ Other than that, we take a positive approach to marketing We are also *not* professional podcasters. I feel like we need to say this because, hey, sometimes we get giggles! We do our best to extend our marketing knowledge to you all free of charge each week at the cost of listening to our higher-than-normal pitched voices and the occasional giggle spree.
4️⃣ You can find the podcast on all the major platforms and you can typically expect a new episode each Tuesday afternoon (unless life happens). We invite everyone to listen.
Either start from the beginning or work backward! The episodes don’t build off themselves so you won’t be confused hearing one before the other. You just might miss new Lives we mention but you can always catch the replay in the Sugar Cookie Marketing Group on Facebook!
Baking it Down with Sugar Cookie Marketing 🍪
164. Baking it Down - Loss Leaders
🍗 Loss Leaders - How losing can help you win.
In this week's Baking it Down Podcast - Episode 164 - Loss Leaders, we covered, well, what a loss leader is and how to implement it as a marketing strategy in your baking business.
💰 If you've been to Costco (formerly Price Club) anytime in the last 2 decades, you've seen (or smelled) their rotisserie chickens priced at $4.99 - a staggeringly affordable price that hasn't changed since 2000 (💸 save one price bump in 2008 which was reverted a year later in 2009).
Costco loses money on each of these birds. 🤑 Why? It's their loss leader. These underpriced prepped chickens get people into Costco stores, where, according to the CEO in 2015, these rotisserie chickens bring in $30 - $40 million dollars of additional product sales.
🤔 How? By pricing something like these chickens ridiculously low, they get people into Costco stores. They position these loss leaders deeper into the store near things you'd typically grab when you make a grocery run. The more you grab on your "I'm just picking up a rotisserie chicken" fueled grocery run, the more money Costco makes - by you buying other non-bird related things.
So - cool for Costco, but how can we take this "loss leader" strategy into baking? ✌️ Full confession - we use it in our memberships. Our "loss leader" tier is the $2 Transfer Club. Priced at, you guessed it, $2/mo, this membership gets you an instant download of over 180 digital transfer sheets. That makes each sheet less than $.01. But on Etsy, a similar royal icing transfer sheet can cost around $3 - $4.
🤔 "Why undercharge so much, twins?"
Because with such a low buy-in of $2, you've made an account on our membership platform. Switching to a membership like The Class Kits or The Cookie College is as simple as two clicks now. Plus - 🤝 we're able to build trust with you since I promise members 1 transfer a month but I deliver members around 4 - 8 transfers a month. If you like how you spent your $2 with me, imagine how much you'd love The Cookie College.
Okay - let's bring it back to baking. How can we implement the Loss Leader strategy for home-based bakers?
1. Car Cookies.
I like this one - 🚗 car cookies as your bakery's loss leader. I like it mostly because it means you've already made money before losing it. A car cookie (also known as a "thank you cookie") is a cookie affixed to an order going out. It's intended to give the purchaser a taste test of their order which is often intended to be a gift they'll never get a bite of. 🤤 Now they'll be hooked on that delish sugar cookie recipe you've got and come back for more.
2. Free Samples + Taste Testers.
🍴🛑 Put down your pitchforks. I know "free" and "cookie" aren't words we readily use in the marketing group, but we're talkin' loss leaders here. Free samples (heyo - another Costco strategy) get folks in the door for events like markets and pop-ups. The odds of them buying are higher post-sample.
Another take on this approach is asking local community groups (while abiding by the no-selling rules) for taste testers to give you feedback on a new product. ⭐⭐⭐⭐⭐ This accomplishes two things: new people trying your products (and giving you feedback which is a bonus) + you're able to sell without selling when you make the post.
3. G-i-v-e-a-w-a-y-s.
When used sparingly, g-i-v-e-a-w-a-y-s can be a decent loss leader. 🧠 Keep in mind the disclaimer: how you get them is how you keep them, though. Too much f-r-e-e and you'll get folks who only jump on these types of promos.