How much to charge for these?

[sailorcherries]

So very simply put I'm making items for a school fayre with a group of children. They wanted to make hot chocolate reindeer cones - clear cone bags filled with a serving of hot chocolate, chocolate buttons/drops and marshmallows. With a candy cane on the side.

We have around 100 to make and sell, ingredient's cost about £60 (fair trade good quality chocolate etc).
I was thinking of charging around £1.50-£2 for these? Someone else suggested £1 and someone went for £2 as it is a 'nicer' chocolate powder and you'd spend more than that at a cafe/coffee shop for basic powder, hot water, toppings being extra.
We do need to make money for the school so can't really go below £1.

What would you pay/be happy for your children to spend at a fayre on this?

Price seems right but please please can you use stuff that can be recycled?

I just Googled what these are. I'd pay 50p. Not helpful I know.

sell 1 for £2 or 2 for £3 something like that.

IMHO, people don't buy clear cones of loose chocolate powder at a school fair expecting a 'quality' product. They do it as part of supporting the children (including their own) raising money for the school and chuck the product prepared by random children, probably not in totally hygienic conditions in the bin.

Sounds harsh, but I wouldn't bother with the cost of labels for allergies unless you want to do it as a learning point for the children. I would just have a clear sign saying not suitable for those with allergies.

Save on your outgoings/up your profit by buying cheap materials/chocolate that look nice and charge £1, maybe £1.50 max.

£2 for one
£3 for 3
£5 for 3

Agree with @theEnglishInPatient - £2 each or 2 for £3... and 3 for £5

Go for £2 to £2.50 and make a big thig of fairtrade proiducts.

@SplashingAroundTown And I’m a horrid pedant but it’s fair. (Sorry, just couldn’t help myself)

Well, try. 'Fayre' is absolutely fine. See www.lexico.com/en/definition/fayre

I wouldn't pay £2 for one of those tbh. This may sound harsh and obviously not as good quality as yours but you can buy a tub of hot choc for £2. Some people like moi think this way

And I’m a horrid pedant but it’s fair. (Sorry, just couldn’t help myself)

Perhaps you should have tried harder to "help yourself"

£2!!! No chance at my school! 50p is the going rate! In a deprived area in the north east.

We buy the cheapest ingredients so we can make some form of profit! Usually iced biscuits for 20p and cakes for 30-50 depending on decoration!

@fried beans - I know it’s “fine” but it’s also so twee.

From the information about what other items sell for at your fair, then you can probably get away with £2, though to me £1.50 would be better. It's very school-specific. The newer members of our PTA committee keep trying to push up prices at our events, but I'm fighting against it because we are a really mixed school, and people just aren't expecting or are able to) spend two quid on a cupcake. No matter that the shop around the corner sells them for £3, lots of people won't be going in there!

£2 sounds expensive to me but if people are paying that much for other items it seems like you're in a more affluent area, where people are happy to pay those prices

50p would be pointless as they'd make a loss.

I think £1.50 sounds about right. Assuming your costs are accurate, you'll have to sell 40 to break even.
If you sell them all you'll make £90 profit.

My rule of thumb for PTAs was always at least double cost price (so min £1.20) then round up (so £1.50).

I'd say that you could give £2 a go, given the price of other items. You could always reduce if they aren't selling. Plug the quality chocolate though so call them hot chocolate kits.

You'd be able to charge £2 in our school. Looking at the costings you've given for the other products then I think £2 is fine.

I really want a hot chocolate with marshmallows now

£1.75 or two for £3.

I'd give the kids a fiver and let them spend it how they like within reason. I'd be more likely to say yes at £1.50 than £2.

and chuck the product prepared by random children, probably not in totally hygienic conditions in the bin.

I was thinking this I would probably bin it as I couldn’t get past the hygiene factor especially as it’s all loose/unwrapped. I wouldn’t buy the reshaped chocolate trees either. I am one of those odd people who wouldn't trust a random stranger’s cooking/baking though.

Something like £2 each or 2 for £3?

(I seem them all over FB for £1 or £1.50 max. Agree the nicer choc thing isn't a selling point, its for kids, you could cut it with Ovaltine and they'd not notice!)

We are in a relatively poor area and I think 1.50 - 2 pounds is fine!

I’d pay £1.50 at the most as they are a waste really and I’d be annoyed about all the little plastic bags, but to keep dc quiet I'd buy one.

I mean you have all these school children ‘striking’ for the environment then you’ve got all these plastic bags with hot chocolate powder in for what purpose?? It’s just so wasteful

£2 each or 3 for a £5.

@P1nkHeartLovesCake totally agree