Baking it Down with Sugar Cookie Marketing πͺ
π 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).
πͺ 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?)
π€. Whatβs it about? Weβre a Facebook Group turned Podcast, Membership, Book Club, and Baking 101 thatβs dedicated to assisting bakers in effectively marketing online to generate more sales and better manage their businesses.
π§ With free Facebook Live classes, hundreds of resources, and thousands of like-minded bakers, thereβs a lot to learn in "SCM" (aka Sugar Cookie Marketing). οΈπ§ As an extension of our Facebook group, this podcast is here to let you learn by listening. π We'll cover group topics, marketing trends, and more (leaving this wide open in case Corrie wants to start singing).
πΈ We take the sweet art of selling online to the cottage bakery world with marketing methods that move products (and pastries).π So open up those glorious ear canals because we have a podcast! Just when youβve thought youβve βheardβ it all with those marketing "miracle" twins (that's our last name - not a proclamation), weβve got something just for you each week!
π₯£ 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 βwhatβs for dinnerβ for the millionth time).
π Hands full of flour? No problem! π 18 dozen iced cookies due tomorrow? Letβs 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.
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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. π―οΈ 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.
π₯ Thatβs when we dive into the marketing topic of the week! π 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:
1οΈβ£ 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.
2οΈβ£ We always make it fun. Thereβs 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!
3οΈβ£ 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.
4οΈβ£ 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 donβt build off themselves so you wonβt 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 πͺ
192. Baking it Down - Workin' Birkin
π Workin' Burkin - How kelly hands kompetition.
In this week's Baking it Down Podcast - Episode 192 - Workin' Birkin, we're following a pretty funny story taking over TikTok.
You see - π Hermes is a line of really high-end luxury items like purses and belts. And if you have a Birkin bag, you're looking at tens of thousands of dollars alone. But the king of the Birkin bags? The Kelly Bag - a bag that you have to be invited to be able to buy... π° for almost a hundred thousand dollars.
But last week, β° a TikTokker discovered that Walmart has launched its own Birkin of sorts... a knockoff the internet how now dubbed the "Workin' Birkin" from "Walmes."
Hilarious doesn't begin to describe it, but what's even more interesting is the marketing lessons we can pull from π€ Walmart's mass-produced copycat Kelly.
Is Hermes going to shift its marketing strategy to compete with the behemoth of Walmart? Is Walmart testing its entry into the luxury designer bag market? No and no - here's why.
π 1. Different Market Segments
Hermes sells to really rich people. Walmart has built a brand on the savvy money-saving shopper. Their market segments never overlap. The person who wants an authentic Kelly bag won't even glance at a Walmart's sliding doors. The price-conscious Walmart shopper ain't gonna be clickin' to Hermes website. Their market segments aren't even in the same parking lots.
And you shouldn't worry when a new baker starts posting in your community groups - they're not sharing your market segment. You're years into this - your skills are honed, your prices are set by your defined costs. You know exactly what it costs to stay in business, and you charge a profit accordingly. The new baker? They can charge a lower rate because they do produce a different product that does attract a different buyer. Don't you worry about them - the market takes care of everything.
π 2. Supply and Demand
Hermes could ramp up production to compete with Wally World's massive production empire. Scrap the hand-made and sub it out for the mass-produced, right? WRONG. The more supply available of authentic Birkins, the less valuable each Birkin becomes. That's the law of supply and demand. The more supply, the less demand for it. The more demand, the less supply around to fulfill it. It's the invisible hand of the market at work.
π 3. Costs Covered
You can't work for less than it costs to make, right? You'd be losing per order. So let your costs dictate your pricing. Same with the newbie. They can charge less because their labor rate is lower, they have lower indirect costs, and they don't have as much overhead. You - you can't. You have that Eddie to pay for, that Universal Bosch to keep powered on, and that Heavenly 70 Amerigels to use. You gotta cover your costs + profit - no if, ands, or Birkins.
π 4. Exclusivity means Money
The higher your prices the more exclusive you're able to make your order inquiries. Hermes hand-makes each bag - taking up to 20 hours to produce. They can charge more for their lack of availability. That translates as "exclusivity" to your marketing. If Birkin can slap a $100k price tag on something that a grocery bag can functionally replace - why are you so worried about pricing lower than your competition? Price HIGH. Get EXCLUSIVE high-paying customers. We aren't selling food - we're selling a luxury edible product.
οΈπ 5. Perceived Value in Luxury Pricing
Finally - the perception of value creates money. Oreos are cookies. Your custom-decorated dozen is cookies. Why can you charge 20x the price of Oreos?