# The Chocolate Cakes By [agathedavray.eth](https://paragraph.com/@agathedavray) ยท 2023-10-17 --- Almost a teenager and drawing from [an initial experience at the daycare during Mass](https://mirror.xyz/0x867C4b550e4AD03931855739776F166564adA716/noFbjL34X_xkTG3o9V5NNEOBl_qYLjs82zNzt-NCPUU), I agreed one Sunday to lend a hand to my best friend on the church square. The task was to **sell as many chocolate cakes as possible** to benefit the "Le Petit Prince" association. You've understood, this time it wasn't about getting paid, but rather **an intriguing sales challenge.** The question we faced was: **how to sell the maximum number of cakes and raise the most money in under an hour?** Since the cakes, already prepared, had cost only a few euros, profitability wasn't the concern. The challenge was in **setting the price**. After a few minutes of contemplation, we decided NOT to set a fixed price. Indeed, our reasoning was that with the charitable nature of our sale, we'd make more profit by **letting each customer decide their own price**, potentially including a donation. The idea was an outstanding success. 20, and even 50 euro notes filled our small cash box. 50 euros for a slice, 40 euros for two. Mission accomplished. It would have been unthinkable to offer a slice for more than 5 euros. Yet, that ended up being **the spontaneous MINIMUM price the "market" set**. Well, almost... A classmate, the son of my English teacher, was surprised to learn about our pricing approach. With a sly smile, he offered us 0.01 euro - a cent, the smallest amount imaginable. We had to accept, albeit rolling our eyes. Even though he brought down our average earnings, I remain convinced that we had chosen the best pricing strategy. And we made one more person **happy**... _Agathe Laurent Richard_ --- *Originally published on [agathedavray.eth](https://paragraph.com/@agathedavray/the-chocolate-cakes)*