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Gibran Exclusive Photography Marketing Plan MKT 305 1
Executive Summary
Gibran Exclusive Photography is a small-medium enterprise in photography industry,
which is a new player in the industry that is owned by former INTI UC student Gibran
WicaksonoAtmo. Gibran was well known by his photography skill that people mentioned
that is equal with the professional photographer and has been recognized by Malaysian
photographer and also Indonesian. With his mission We are simple people whose one
and only mission is to create the most unique yet exclusive photographs possible, he is
trying to compete two major competitor that has been involving in the business for 29
years. As a new player in the industry, Gibran Exclusive Photography try to positions
them self as a fresh, young, and glamorous photography studio. By creating new concepts
of photography and with the help of organizing event and print ads as promotional tools,
Gibran Exclusive photography is trying to compete and gain big market share in photo
studio business in Yogyakarta. The new concepts of photography that Gibran Exclusive
Photography offers Gibran Exclusive Photography offers two new concepts of
photography that are new in the market. Beauty Shot and Modeling Photo are the new
concepts that they offer.can be an effective competitive big advantage for Gibran
Exclusive Photography to differentiate with other competitors.
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Gibran Exclusive Photography Marketing Plan MKT 305 2
1.0 Company Analysis
1.1 Background
Gibran Exclusive Photography is a small-medium enterprise in photography industry,
which is a new player in the industry that is owned by former INTI UC student Gibran
WicaksonoAtmo. They offer high quality of photograph, where they claim that they have
the best photos quality amongst their competitors. Since he was studying in INTI,
Gibran was well known by his photography skill that people mentioned that is equal with
the professional photographer and has been recognized by Malaysian photographer and
also Indonesian. His company is based in Jogjakarta, Indonesia. The company has
involved in the business since March 2009. He runs the business by himself as the
photographer and also other part of job such as, editing, marketing, and financial.
However, there are two main big competitors, which already involve in this industry for
29 years.
11.2 Mission
The mission of this organization is, We are simple people whose one and only mission
is to create the most unique yet exclusive photographs possible. This mission pictures
the organizations personality that we as a small-medium enterprise,try to give consumers
unique experience and the quality of luxury photo studio.
1.3 Vision
The vision of the organization is, The vision of Gibran Exclusive Photography is:
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Gibran Exclusive Photography Marketing Plan MKT 305 3
"Experienced and Known Internationally, Gibran Brings You the Highest Photography
Definition!"
2.0 Market Analysis
2.1Market DefinitionExternal
2.1.2 Social
Yogyakarta has a population of 3.5 million inhabitants (October 2008) with population
density 1107 square kilometers (2008). The population of productive age group in 2008
as many as 1.7 million people with a work force of 860.000. The labor force includes the
employed population of 815.000 people and unemployment with 44 thousand
inhabitants. Unemployment rate noted to 5.17 per cent and Labor Force Participation
Rate was 64.41 percent.
Yogyakarta has a very strong Javanese culture and tradition, wherethe majority of the
governance is still run by the ancient kingdom, Keraton Yogyakarta, which still apply the
ancient rules and policies of ancient Java. Muslim rules and policies are also applied in
Yogyakarta. Moreover, a growing economy is estimated at 2.88%, slightly higher than
the growth in the second quarter 2009 (2.37%) but relatively lower than the third quarter -
2008 (6.59%). Sources of economic growth are consumption and
investment. Consumption growth is influenced by the improved purch asing power, which
is indicated by an increase in incentive payments, and transfer of funds from out of town
ahead of IdulFitri celebrations and holiday season (July and September).
Also, the student spending in Yogyakarta shows an enormous number US$ 33 million per
month. This give a positive contribution to the economic, especially in business of food,
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Gibran Exclusive Photography Marketing Plan MKT 305 4
beverages, lodging, transportation, communications, information technology, recreation,
and other retail businesses. In addition, Yogyakarta has a very strong Javanese culture
and tradition, where the majority of the governance is still run by the ancient kingdom,
Keraton Yogyakarta, which the ancient rules and policies of ancient Java are still used as
norms. Muslim rules and policies are also generally applied in Yogyakarta.
2.2 Market Segmentation
From 3,5 million people in Yogyakarta, we target the people in range of age between 15-
34, which has the biggest number of age groups with 1,4 million people or 40% from the
total inhabitants in 2010 (See app. 3). This range of age is categorized as Generation Y.
According to Hawkins, we know that Generation Y is characterized by a strong sense of
independence and autonomy and they like the ability to customize products to their
unique needs. These consumers are Internet savvy and use email, cell phones, and text
messaging to communicate (Hawkins, 2007). Generation Y is very suitable target for our
company and match the companys mission, which provides unique photography
experience. Also, it is supported by the increase of student spending in Yogyakarta that
will also benefit our business. By targeting Generation Y, we will conduct marketing
strategy that suits to their needs and wants, and also match their lifestyle.
2.3 Competition
In this business Gibran Exclusive Photography have two main competitors, which are
Alvin Fauzie Photo Studio and Calista Photo Studio. These competitors have involved in
the business for 29 years. Started from the small-medium business and now have grown
to be a big photo studio. We place these two photo studio as our main competitors
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Gibran Exclusive Photography Marketing Plan MKT 305 6
they offer almost the same service as our company. Both photo studios offer pre-wedding
and wedding photo, photo studio, family and graduation, and make over photo.
Their prices are very competitive. For wedding photo they set the price at range of US$
200-300 depends on the package.Moreover, Calista Photo Studio is located in a very
strategic place and near by our photo studio, which is surrounded by 2 big universities .
This will bring the competition tougher for us as we are a new player in the business.
3.0 Current Marketing Situation
3.1 Products and Service Review
The current product and services that we offer are almost the same with professional
photo studio:
1. Pre wedding photo
2. Wedding photo
3. Family photo
4. Company photo
5. Glamour photo
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Gibran Exclusive Photography Marketing Plan MKT 305 7
We set the price lower than the competitors. For a comparison Alvin Fauzi Photo Studio
set the wedding photo price at US$ 250-300 with 3 different packages. However,we price
the wedding photo for US$ 200-250 with variety of package.
3.2 Distribution Review
Currently we only have one photo studio. The location is very strat egic, which is
surrounded by 2 big universities and in a busy place where people pass by often . Even
though our competitor also located near by our studio, it could be our advantages to
create awareness.
4.0 SWOT Analysis
Strength
y Cheaper price than competitors
y Have better photo quality
y More innovative
y Well known photographer
recognition
Weakness
y Poor brand awareness
y Small number of workers
Opportunities
y Purchasing power improvement
y High number of Generation Y
y Strategic place
Threat
y Store location is near by the
competitors
y Strong competitors
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Gibran Exclusive Photography Marketing Plan MKT 305 8
4.1 Strength
As our strength, we have cheaper prices than our main competitors. As a new player,
setting the price lower than other will be our strength to create awareness and
attractcustomers to come, and also to create preferences in customers mind.Moreover,
the well-known photographer Gibran will also be our competitive advantage. His photo
quality and international recognition will create a good perception in the consumers
mind. Also, we claim our company as a more innovative photo studio than the
competitors by creating new concept of photography.
4.2 Opportunities
The high number of Generation Y, which is our target market, will be a good
opportunities for us, thus we can reach high number of new customers. Also, the high
spending of student also can be a positive opportunity as now the students are more
consumptive, which will be easier for us to influence them to consume our products and
services.The location of the studio also will benefit us to attract customers. Surrounded
by two big universities and busy roads will raise awareness of our studio.
4.3 Weakness
Brand awareness is still our biggest weakness. One year involving in the industry is not
enough to compete with the old players who already 29 years in the industry. People are
not aware enough to change their preference from the two biggest photo studios to our
photo studio.Furthermore, lacks of employees also affect our productivity. Gibran as the
owner is doing multiple task of his job;photographing, editing, financing, and also
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Gibran Exclusive Photography Marketing Plan MKT 305 9
marketing. This will create a bad image and unprofessional of our studio and this will
result to the customers perception.
4.4 Threat
Even though our studio location is very strategic surrounded by 2 big universities, the
main competitor also located near by our studio. This will bring the competition tougher
as the customers preferences still on the competitors side. As mentioned before the
competitors have involved in this business for 29 years and they are still tough to
defeated by a new player. Therefore, we need to put a lot of effort in this marketing plan.
5.0 Goals
5.1 Financial Objective
Within 1 year Gibran Exclusive Photography will target to increase the sales by 15%.
5.2 Marketing Objective
Within 1 year Gibran Exclusive Photography will target to expand market share by 10%.
5.3 Innovation Objective
To give a new experience of photography to the customers, where the competitors do not
offer.
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Gibran Exclusive Photography Marketing Plan MKT 305 10
2.2 Internal
2.2.1 Companys Business Problem
Even though, Gibran Exclusive Photography claims that they have the best photo quality, but
they still find difficulties in creating brand awareness. Their main competitors have involved in
the industry for 29 years; however, Gibran Exclusive Photography has just joined the
competition for 1 year. Customers preferences are still in the top three photo studios in
Jogjakarta since they have built their brand image since long time ago. Although, Gibran
Exclusive Photography offers new services and concepts, which is not offered by the
competitors, they still find difficulties to compete with the 29-years-old-players in the business.
2.2.2 Company Specialization
Beauty shot and Modeling photo are new concepts in photography business in Jogjakarta.
Basically, beauty shot is only a standard close up photo, but Gibran Exclusive Photography
makes it so special by providing makeup artist and set a very good lightning, therefore the
quality of the photo will be excellent. Moreover, modeling photo is the specialty of Gibran
Exclusive Photography that gives you a photo shot with professional equipment, make up, and
lighting, which you usually see in the cover of magazines or billboards.
2.3 SWOT Analysis
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Gibran Exclusive Photography Marketing Plan MKT 305 11
Strength
yCheaper price than competitors
yHave better photo quality
yMore innovative
Weakness
yPoor brand awareness
ySmall number of workers
Opportunities
yWell known photographer
recognition
yPurchasing power improvement
Threat
yStore location is near by the
competitors
yStrong competitors
Gibran Exclusive Photography Marketing Plan Draft 2
Irfan Handaru/I09002963
3.0 Marketing Objectives
Since Gibran Exclusive Photography is a new player in the industry, the marketing objective will
come up as follow:
During one year, Gibran Exclusive Photography targeting to get the customer awareness and aim
for 10 percents share of the photography market in Jogjakarta.
64.0 Marketing Strategy
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Gibran Exclusive Photography Marketing Plan MKT 305 13
professional equipment, make up, wardrobe, and lighting, which you usually see in the
cover of magazines or billboards.
Gibran Exclusive Photography offers two new concepts of photography that are new in
the market. Beauty Shot and Modeling Photo are the new concepts that th ey offer. This
can be an effective competitive big advantage for Gibran Exclusive Photography to
differentiate with other competitors.
64.3 Pricing Strategy
To be compared with other competitors, which already play in the industry for 29 years
Gibran Exclusive Photography will face difficulties to build their brand name and gain
market share. Based on the marketing objectives, our pricing objective is to gain
maximum market share. By setting the price 20% lower than the competitors, Gibran
Exclusive Photography will attract a lot of customers. This also emphasizing our
positioning that Gibran photo studio is glamorous and affordable.
64.4Marketing Communication StrategyMarketing Communication Strategy
To inform people about our photo studio and its services, and also to build our image, we
are going to reinforce the brand name and focus to the products differentiation and
competitive advantages. Since Gibran Exclusive Photography is a small-medium
enterprise, there must be limited budget for communication strategy. Broadcast
advertisements through Internet, advertisements,and organize events are selected to be
our communication channels. Firstly,tTo advertise usingviaFacebook and Twitterblog are
the most effective and efficient for Gibran Photography as they target Generation Y, who
areis Internet savvy. Sales promotion is also used to build our brand and awareness to the
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Gibran Exclusive Photography Marketing Plan MKT 305 14
market. Organizing events, such as modeling competition also can build huge awareness
to the market. Secondly, We will use print ad such as Posters, billboards, and flyers to be
spread to universities and busy road around our location to increase awareness.
Since we are a new player in the industry, we will put a lot of effort in promotion where
we will use advertising and publicity as our promotion tools. Since our target market is
Generation Y who is Internet savvy, firstly, we will use Facebook and Twitter as
broadcast media. By using Facebook we will inform the customers about our companys
information, put photos, contacts, promotion, and updates of every promotion and news
from our company.Also, Twitter will be used to spread brief information, updates, and
promotion to our customers.
6.5 Place
Gibran Exclusive Photography studio is placed in a strategic place, where it is surrounded
by 3 big universities. This can be our advantage to gain more customers, where our main
target market is Generation Y that university students are included. And we will fully
utilize this advantage to build our brand name and image.
6.6 Physical Evidence
In order to build the image of glamorous, Gibran Exclusive Photography will have our
own uniforms for the employees. Also, we will paint the studio with black and pink
color, and also decorate the studio with a lot of lights and mirror to visualize the
glamorous.
6.7 People
Some people say that the success of a business is dependent on the quality of the people
who work in the company.Gibran Wicaksono as the founder and photographer of the
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Gibran Exclusive Photography Marketing Plan MKT 305 15
studio was well known by his photography skill that people mentioned is equal with the
professional photographer and has been recognized by Malaysian and Indonesian
photographer. He has a big reputation when he was still a freelance photographer.
6.8 Packaging
Every photo will be packed in a black exclusive frame and put in the black exclusive bag
made of recycle carton. It is purposed to build glamorous image of the studio.
6.9 Process
The process of running the business is very simple and smart. Before coming to the
studio for photo taking, customers can make appointment for his or her photo shoot. This
can be done by making a phone call, sending email, or posting comment on Facebook
page wall of Gibran Exclusive Photography, or tweeting on Twitter informing us to book
for a photo shoot. This can avoid a long queue and also make the photo editing and
processing a lot faster and easier. Moreover, the customers can choose their photos to be
printed, sent to email, burned in CD, or saved in their own pendrive. This will bring ease
to the customers of how they want to keep their photos.
75.0 Specific Marketing ProgramsMarketing Mix Strategy
75.1 Product Line Tactics
We have 6 variations of services for different target markets:
The services that they offer are the same with professional photo studio, but they
have specialty and offer a concept, which is new in Jogjakarta such as:
1. Pre Wwedding photo
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This pre wedding photo is specially targeted to customers aged between 24-
34,who arein the age of marriage. Pre wedding photo also included in this
package, where we also provide video recording from the pre wedding photo
session until the wedding day.
2. Wedding photo
23. Family photo
Family photo is targeted to Full Nest 1 and Full Nest 2 who already have a family
and young children. This photo shoot will be set in our studio with glamorous
selectablebackground or in the customers house. This option depends on
customers preference.
34. Company photo
This package is targeted to companies or organizations who wants to create
documentations of their company activities.
45. Glamour photo
This package is targeted to customers aged between 15-25. The concept of this
photo shoot is to make over the model. There are several optional themes to
choose, which are angel, Cleopatra, army, marine, gothic, nurse, oriental, flower,
celebrity, etc.
And the new concept and specialty are:
1. Beauty Shot
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Gibran Exclusive Photography Marketing Plan MKT 305 17
This is targeted to customers aged between 15-30. Basically, beauty shot is only a
standard close up photo, but Gibran Exclusive Photography makes it so special by
providing makeup artist and set a very good lightning, therefore the quality of the
photo will be excellent.
2. Modeling photo
The modeling photo is also targeted to the customers who are in the range of age
15-25. Moreover, modeling photo is the specialty of Gibran Exclusive
Photography that gives you a photo shot with professional equipment, make up,
and lighting, which you usually see in t he cover of magazines or billboards.
7.2 Pricing Tactics
We are going to penetrate the market and gain more market share by setting the price
20% lower than the competitors. Here are the lists of price of our services:
1. Wedding Photo
- Wedding studio
y US$24(4x photos, 4x 5R, make-up, costume)
y US$26 fast outdoor photo shooting
- Pre wedding
y US$ 100 (20x photos, 20x 4R, make-up, 1 exclusive album)
- Video documentation
y Starts formUS$200 per day
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y 2 video camera, 1 full day
2. Family Photo
- Package 1
y US$ 11
y 4x photos
y 4x Printed 4R
y 1x CD-ROM
y Bonus 1 printed 10R
- Package 2
y US$ 19
y 8x photos
y 8x Printed 4R
y 1x CD-ROM
y Bonus 2 printed 10R
- Package 3
y US$ 40
y 8x photos
y 8x printed 10R
y 1x CD-ROM
y
Bonus 1 printed canvas frame 16R
3. Company Photo
- Package 1
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Gibran Exclusive Photography Marketing Plan MKT 305 19
y US$ 16
y 4x photos
y 4x Printed 4R
y 1x CD-ROM
y Bonus 1 printed 10R
- Package 2
y US$ 23
y 8x photos
y 8x Printed 4R
y 1x CD-ROM
y Bonus 2 printed 10R
4. Glamour Photo
- Package 1
y US$ 18
y 4x photos
y 4x Printed 4R
y 1x CD-ROM
y Bonus 1 printed 10R
y Make up, wardrobe
- Package 2
y US$ 24
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Gibran Exclusive Photography Marketing Plan MKT 305 20
y 8x photos
y 8x Printed 4R
y 1x CD-ROM
y Bonus 2 printed 10R
y Make up, wardrobe
- Package 3
y US$ 30
y 8x photos
y 8x printed 10R
y 1x CD-ROM
y Bonus 1 printed canvas frame 16R
y Make up, wardrobe
5. Beauty Shot
- Package 1
y US$ 10
y 4x photos
y 4x Printed 4R
y 1x CD-ROM
y Bonus 1 printed 10R
y Make up
- Package 2
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y US$ 15
y 8x photos
y 8x Printed 4R
y 1x CD-ROM
y Bonus 2 printed 10R
y Make up
- Package 3
y US$ 20
y 8x photos
y 8x printed 10R
y 1x CD-ROM
y Bonus 3 printed canvas frame 16R
y Make up
6. Modeling Photo
- Package 1
y US$ 15
y 4x photos
y 4x Printed 4R
y 1x CD-ROM
y Bonus 1 printed 10R
y Make up, wardrobe
- Package 2
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Gibran Exclusive Photography Marketing Plan MKT 305 22
y US$ 23
y 8x photos
y 8x Printed 4R
y 1x CD-ROM
y Bonus 2 printed 10R
y Make up, wardrobe
- Package 3
y US$ 31
y 8x photos
y 8x printed 10R
y 1x CD-ROM
y Bonus 1 printed canvas frame 16R
y Make up, wardrobe
7.4 Publicity
In order to increase awareness of the photo studio, we are going to organize a
modelingevent, which finds young modeling talents from across Yogyakarta. This event
will be named Gibran Beauty Search and will take 1 week for the whole event . The
concept of this event is almost the same like Americas Next Top Model that search
modeling talent. This will be held in Gibran Exclusive Photography for the audition and
the final top 10 will be held in the mall.
After the audition, the event will consist of 3 parts elimination sections. As a start, the
total model of 10 will be competing on getting to the big 5. They will be tested on how
good they can pose in front of the camera according to the different themes that are given
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to them. In five days, one will be eliminated each day in order to get the big 5.
Furthermore, on the 6 th day, 2 will be eliminated at once depending on how they can
conquer the challenge of posing in a catwalk. The final 2 will be ann ounced on the 7 th
day.
Sponsorships from local make-up brands, radio stations and local TV channels will be
used in order to get the event to be promoted to the targeted audience. By organizing such
event, it will help Gibran Exclusive Photography to promote their services and also to
gain more awareness from those who are interested on photography and digital imaging.
7.5 Advertising Program
Print ads will be used as a promotional tool to spread the word about Gibran Exclusive
Photography. Mediums such as billboard, posters and flyers will be distributed
locally.This advertising program will help Gibran Exclusive Photography to gain more
awareness and create a strong concept of brand image by designing a professional-
looking print ads layout (See appendix 1 and 2).
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8.0 Budgeting
8.1 Budgeting Details for Event
Items Quantity Amount per Unit (US$) Total (US$)
Wardrobe 21 20 420
Venue 1 800 800
Crew 30 16 480
Total 1,700
8.2 Budgeting Details for Print Ads
Items Quantity Amount per Unit (US$) Total (US$)
Conceptual Fee 3 50 150
Papers 2,000 1 2,000
Printing Cost 2,000 5 10,000
Total 12,150
9.0 Controls
Gibran Exclusive Photography as always will conduct a well managed control plans for each
products that they have. Annual report will be held in the end of the year by the owner to review
year sales volume and revenue. This reports will gives feedback of the success of product
acceptance by the target market and how it competes with the competitor products.
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10.0Conclusion
In conclusion, based on analysis and research conducted, Gibran Exclusive Photography will
conduct a marketing plan in order to increase their brand awareness and gain more market share
to compete with two major competitors that has involved in the industry for 29 years. By
creating new concepts of photography, setting lower package prices, and organizing event, we
expect to achieve our marketing goals in 1 year.
Beauty shot and Modeling photo are new concepts in photography business in
Jogjakarta. Basically, beauty shot is only a standard close up photo, but Gibran
Exclusive Photography makes it so special by providing makeup artist and set a ve ry
good lightning, therefore the quality of the photo will be excellent. Moreover,
modeling photo is the specialty of Gibran Exclusive Photography that gives you a
photo shot with professional equipment, make up, and lighting, which you usually
see in the cover of magazines or billboards.
5.2 Price
Our pricing method will be based on our pricing objective, which is to maximize the
market share. Therefore, the pricing method will be cost-plus pricing, where we will
set the price at the production cost plus a certain profit margin. By setting the price
lower than the competitors and set small profit margin, Gibran Exclusive
Photography will attract a lot of customers, thus we can push down the price and
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Gibran Exclusive Photography Marketing Plan MKT 305 26
compete with the senior players. By setting the price 20% lower than the
competitors, I am optimist that Gibran Exclusive Photography can attract many
customers.
5.3 Place
Gibran Exclusive Photography studio is placed in a strategic place, where it is surrounded
by 3 big universities. This can be our advantage to gain more customers, where our main
target market is Generation Y that university students are included. And we will fully utilize
this advantage to build our brand name and image.
11.0 References
y Hawkins. Mothersbaugh. Best. 2007. Consumer Behavior Building Marketing Strategy.
10th edition. New York: McGraw-Hill/Irwin.
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y Hawkins, Del., Best, Roger., Coney, Kenneth. 2001. The American Society: Families
and Households, in Consumer Behavior Building Marketing Strategy . New York:
Irwin/McGraw: 199-202.
y 2010. (Online). Available: http://www.calista-photo.com/index.php. (July 26, 2010)
y 2010. (Online). Available: http://www.alvinfauzie.com/#goHome. (July 26, 2010)
y 2008. Al-Aswad, Fahrudin. [ekonomi-nasional] Yogyakarta, HariIni&Kemarin . (Online).
Available: http://www.mail-archive.com/ekonomi-
[email protected]/msg09214.html. (July 20, 2010)
y 2009. JumlahPendudukHasilProyeksi SUPAS 2005menurut
KelompokUmurdanJenisKelamindiProvinsi D.I. Yogyakarta.
SitusResmiBadanPusatStatistikProvinsi D.I Yogyakarta. (accessed July 21, 2010 from
BadanPusatStatistik database)
y 2010. BelanjaMahasiswa DIY Capai Rp300 Miliar per Bulan. (Online). Available:
http://bisnisukm.com/belanja-mahasiswa-diy-capai-rp300-miliar-per-bulan.html. (July
23, 2010)
12.0 Appendixes5.4 Promotion
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Facebook, blog, and organizing event will be our main promotional tools to build brand
awareness. However, we will also use printed ads, such as posters, flyers, and billboards to
create awareness around the photo studio. Advertising via radio will also be done.
5.5 Physical Evidence
In order to build the image of glamorous, Gibran Exclusive Photography will have our own
uniforms for the employees. Also, we will paint the studio with black and pink color, and
also decorate the studio with a lot of lights and mirror to visualize the glamorous.
12.1 Appendix 1
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12.2 Appendix 2
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12.3 appendix 3
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5.6 People
Some people say that the success of a business is dependent on the quality of the
people who work in the company.Gibran Wicaksono as the founder and
photographer of the studio was well known by his photography skill that people
mentioned is equal with the professional photographer and has been recognized by
Malaysian and Indonesian photographer. He has a big reputation when he was still a
freelance photographer.
5.7 Packaging
Every photo will be packed in a black exclusive frame and put in the black exclusive
bag made of recycle carton. It is purposed to build glamorous image of the studio.
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5.8 Process
The process of running the business is very simple and smart. Before coming to the
studio for photo taking, customers can make appointment for his or her photo shoot.
This can be done by making a phone call, sending email, or posting comment on
Facebook page wall of Gibran Exclusive Photography. This can avoid a long queue
and also make the photo editing and processing a lot faster and easier. Moreover,
the customers can choose their photos to be printed, sent to email, burned in CD, or
saved in their own pendrive. This will bring ease to the customers of how they want
to keep their photos.