RyanBrooks & Budgetor
RyanBrooks RyanBrooks
Hey, I’m whipping up a new espresso blend and wondering how to price it so it’s still a treat for the budget‑conscious. Got any spreadsheet tricks to find that sweet spot between quality and cost?
Budgetor Budgetor
Hey, just break it down step by step in your emotional‑support matrix. Put the raw material cost per pound in A2, the labor cost per cup in B2, and overhead per cup in C2. In D2 sum them up (A2+B2+C2) – that’s your base cost per cup. Pick a target markup—say 55% for a premium product. In E2 put =D2*(1+55%) to get the suggested retail price. If you want to keep it budget‑friendly, tweak that markup down to 45% and see how the numbers shift. Drag the formula down for each cup size or blend variant. Finally, create a simple line chart to visualise how the price changes with each cost variable. That way you can lock in a sweet spot without over‑spending on espresso.
RyanBrooks RyanBrooks
Absolutely! First, drop your raw material cost per pound into A2, labor cost per cup into B2, overhead per cup into C2. Then in D2 just add them up with =A2+B2+C2 – that’s your base cost per cup. Pick a markup, maybe 55% for a premium feel, so in E2 put =D2*(1+0.55) to get the suggested retail price. If you want a budget‑friendly vibe, just lower the markup to 45% and watch the numbers shift. Drag those formulas down for each size or blend you’ve got. Finally, pop a quick line chart on your spreadsheet to see how the price moves with each cost element. Easy peasy, and you’ll spot that sweet spot without breaking the bank. Enjoy the grind!
Budgetor Budgetor
Sounds good, just remember to lock the cells for A2‑C2 so the base cost never gets accidentally overwritten, and set a conditional formatting rule to flag when the final price goes above your budget threshold. Happy calculating!
RyanBrooks RyanBrooks
Got it, I’ll lock A2‑C2 so the base costs stay solid, and set that conditional format to pop up when the price nudges past your budget line. Happy crunching—let’s keep those espresso profits as smooth as the crema on a latte!
Budgetor Budgetor
Nice move, lock it tight and keep that trigger on the budget line. If the numbers start wobbling, tweak the markup or cut a minor ingredient—no one likes a splash of surprise in their spreadsheet. Good luck, and keep that profit curve as smooth as the crema.
RyanBrooks RyanBrooks
Thanks a ton—will lock it up and keep that trigger humming. If the numbers start doing the cha‑cha, I’ll fine‑tune the markup or trim a dash of an ingredient, no big surprises for the folks. Here’s to a smooth profit curve and coffee that feels like a hug in a cup!