PROPOSAL PHOTOGRAPHY BUSINESS PLAN

“SELF PHOTO STUDIO

 

 



 

 

Conrresponding Author : Dr Zalzulifa, M.pd

 

 

 

Arranged By :

1.    Muhammad Fairuz irhash (2291471054)

2.    Haidar Khoirul aththar (2291471032)

3.    Raka Hafizh athallah (2291471087)

 

 

 

 

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FOREWORD

Laud and appreciation for the nearness of god all-powerful, who has given delight, so that we are able total this last venture on time. We moreover thank Mr.Zalzulifa, M. pd. Who was given the assignment of making a company proposition. Each human being lives not as it were alone, back from friends comes in different shapes.

This proposition is ready as to meet the determinations and targets of our task with respect to the PBLL task. In planning this proposition I would like to thank my group mates who have made a difference, both ethically and tangibly.

we realize that the company's proposition is distant from culminate. hence I trust there are reactions and recommendations from different parties.

We trust that this report that we have made can include to the information and understanding of the perusers and is additionally valuable for the advancement of science.

 

 

Jakarta , 11 April 2023


 

 

 

BACKGROUND

The self photo studio business is a business that is currently popular. This is due to the increasing public interest in taking pictures, especially with social media and selfie trends. The concept of this self photo studio is to provide facilities for customers to take photos independently with the equipment provided by the studio.

 

 

In this digital era, many people want to have good quality photos to post on social media or for personal use. However, not everyone has a camera or adequate equipment to take good photos. Therefore, a self photo studio can be a solution for those who want to have good and quality photos without having to have expensive equipment.

 

 

Apart from that, self photo studios can also be an alternative for customers who don't want to use the services of a photographer for reasons of privacy or high costs. At an affordable price, customers can take their own photos with a quality camera and professional results.

 

 

The self photo studio business also has the potential to grow rapidly because it is not only in demand by individuals, but can also be an option for various business needs such as product photos, advertisement photos, or even employee profile photos. Thus, the self photo studio business has a wide market share and the potential to provide large profits.

 

 

Such is the background for the self photo studio business proposal. This proposal will explain in more detail the business concept, target market, competition analysis, marketing strategy, and financial projections.


CONCEPT

The self photo studio business concept is to provide facilities where you can take independent photos using quality cameras and complete studio equipment. Customers can choose the desired setting, angle, pose, and lighting themselves to get the desired photo results.

 

 

Apart from that, in this business concept you can also add photo editing services so that the photos you take can look better and professional. This editing service can be performed independently by the customer or with the help of trained studio staff.

 

 

A self photo studio business can also offer photo packages for certain purposes, such as pre- wedding, family photos, or even product photos. In these packages, more time and facilities are usually provided for customers to be able to take photos with better and varied results.

 

 

To differentiate itself from similar businesses, a self photo studio can offer a unique and interesting concept or theme. For example, vintage, futuristic concepts, or concepts that are in line with current trends. Thus, the self photo studio business can provide a different experience and make customers want to come back again to take photos at the studio.

 

 

Apart from that, the self photo studio business can also provide various kinds of accessories or props that customers can use to beautify their photos, such as hats, glasses, headdresses, or even costumes.

 

 

In the self photo studio business concept, customer experience is very important. Therefore, the studio must provide a comfortable and friendly atmosphere for customers to take photos as well as staff who are professional and ready to help if customers need assistance.


TARGET MARKET

 

 

The target market for the self photo studio business are individuals or groups who have the need to take good quality photos and professional results at an affordable cost. Here are some market segments that can be targeted by the self photo studio business:

 

 

1.     Teens and young people

This segment is one of the main market segments for the self photo studio business because they are a group that is very active on social media and likes to take selfies. Teenagers and young people often take photos to post on their social media and they want the photos to look attractive and of good quality.

2.     Young couple

Young couples such as couples who are getting married or couples who are dating often take photos together to show their affection on social media. A self photo studio business can offer pre-wedding packages or romantic and good quality couple photos.

3.     Family

The family market segment can be a potential customer for the self photo studio business because they want to have good quality and creative photos with their family. A self photo studio business can offer family photo packages or photo sessions for children.

4.     Small and medium business

Small and medium businesses can also be the target market for self photo studio businesses. This business needs product photos and advertising photos to promote their products on social media or their website. A self photo studio business can offer product photo packages and business photography services that assist businesses in promoting their products.

5.     Traveler

The tourist market segment can also become a target for the self photo studio business. Tourists want to take good quality photos as mementos of the places they visit. A self photo studio business can offer travel photo packages and help tourists get creative and professional photos.

In marketing the self photo studio business, it is important to understand the characteristics and needs of each targeted market segment and provide services according to their needs.


 

COMPETITION ANALYSIS

Competition analysis is very important in the self photo studio business, because there are many competitors in this industry. The following are several factors that must be considered in a competition analysis:

 

 

Products and services offered by competitors

Self photo studio businesses must know the products and services offered by their competitors. This can help a self photo studio business to differentiate itself from competitors and offer something different and attractive to customers.

1.     Product and service quality

The quality of products and services offered by competitors must be analyzed in depth. A self photo studio business must ensure that the products and services offered are of the same quality or even better than competitors.

2.     Price

Prices of products and services offered by competitors should also be analyzed. The self photo studio business must ensure that the price offered is in accordance with the quality of the products and services provided and also competes with competitors' prices.

3.     Location

The location of competitors should also be analyzed. Self photo studio businesses must ensure that their location is easily accessible and strategic so that customers can easily access their studio.

4.     Marketing and promotion

Marketing and promotion carried out by competitors must also be analyzed. A self photo studio business must know how competitors market and promote their business so they can create an effective marketing strategy.

 

 

After conducting a competition analysis, the self photo studio business must determine the advantages that can differentiate them from competitors. This advantage can be in the form of product, service, price, location, or marketing and promotion. This can help the self photo studio business to attract customers and compete with competitors in the market.


 

MARKETING STRATEGY

The right marketing strategy is very important for promoting a self photo studio business. Here are some marketing strategies that can be done:

 

 

1.     Build brand awareness

Building brand awareness can be done by promoting on social media, placing advertisements on local websites, or even giving discounts or free vouchers to new customers.

2.     Using social media

Self photo studio businesses can take advantage of social media to promote their products and services. Using Instagram, Facebook and Twitter can help self photo studio businesses to access more customers and build customer relationships.

3.     Offer special packages or promotions

Offering special packages or promos can help a self photo studio business to attract new customers and retain existing customers. For example, a self photo studio business can offer promos for couples getting married or family photo packages.

4.     Organize events

Holding events such as photo contests or photography workshops can help self-photo studio businesses to promote their business and also improve relationships with customers.

5.     Improve service quality

Improving service quality can help self photo studio businesses to retain existing customers and attract new ones. A self photo studio business must ensure that the resulting photos are of good quality and the customer service provided is satisfactory.

6.     Develop relationships with customers

Developing relationships with customers can be done by sending email newsletters, responding to comments on social media, or even giving customers birthday cards.

 

 

In carrying out a marketing strategy, it is important to adapt the strategy to the characteristics of the targeted market segment. A self photo studio business must understand customer needs and provide services that suit their needs.


FINANCIAL PROJECTIONS

Financial projections are very important in the self photo studio business, because they can help businesses predict their future financial performance. Here are some financial projections that can be made:

 

 

1.     Revenue projections

Revenue projections can be made by estimating the number of customers and prices offered by the self photo studio business. For example, a business could project the average number of customers per month and the price offered for each photo package.

2.     Cost projections

Cost projections can be made by estimating operational costs such as space rent, electricity, materials needed to make the studio look attractive, photo equipment, and employee salaries.

3.     Profitability analysis

Profitability analysis can be done by comparing revenue with costs. Businesses can use this analysis to determine whether the business is making a profit or not.

4.     Cash flow projections

Cash flow projections can be done by estimating the amount of money coming in and out of the self photo studio business. This can assist businesses in estimating the capital requirements needed to run the business.

5.     Growth projections

Growth projections can be made by estimating the growth in the number of subscribers and revenue of the self photo studio business in the future.

6.     Risk analysis

Risk analysis can be carried out by considering the factors that can affect the financial performance of the self photo studio business such as competition, economic conditions, and other factors that can affect income and costs.

 

 

After making financial projections, self photo studio businesses can take the necessary steps to improve their financial performance and achieve the financial goals that have been set.


CLOSING

In order to start a self photo studio business, careful preparation is required, including understanding the business concept, target market, competitive analysis, marketing strategy, and financial projections. In running a self photo studio business, it is important to provide quality service and develop good relationships with customers. In the long term, this business has the potential to generate significant profits and can continue to grow in line with the growing demand for photography services. Therefore, I hope that this proposal will help to obtain the financing and support needed to start and develop a successful and profitable self photo studio business.

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