Case: Paint Your Event $($Pricing$)$

Case Question: How should we price two of our services $-$ a single canvas and a puzzle canvas?

Team #:

Team Name:

Section:

Part $1$: Pricing Strategy

Pricing $-$ Live Event Painting: Single Canvas $"36$ X$48"$ Note that this is for an artist to create ONE live event painting, $"36x48"$ in size.

Price

What price$/$price range should Paint Your

Event charge to create one Live Event

Painting on a $36$ X $48$ canvas? List all

elements of your pricing plan.

Calculation

Show and explain the calculations you used to arrive at your pricing.

Strategy

What pricing strategy$($ies$)$ and pricing theories went into your decision? Why you believe your pricing is the most strategic?

EXPLAIN.

Pricing $-$ Live Event Painting: "Puzzle Canvas" of $64$ Pieces

Note that this is for an artist to create a puzzle canvas, which is a large picture consisting of $64$ small $"55"$ canvases. At the end of the event, the individual canvas pieces can be sent home with attendees.

Price

What price$/$price range should Paint Your Event charge to create a puzzle canvas? List all elements of your pricing plan.

Calculation

Show and explain the calculations you used to arrive at your pricing.

Did you use any different pricing strategies or calculations for this Puzzle Canvas versus the Single Canvas? Explain