problem/ opportunity photography is becoming popular additional costs add up amateur photography vs....
DESCRIPTION
Established business for 4+ years Experience of weddings-families-senior portraits One set price, no surprises Affordable Memorable Solution/ BenefitsTRANSCRIPT
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Melody Olivas | CART MARKETING & ADVERTISING
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Problem/ Opportunity
• Photography is becoming
popular
• Additional costs add up • Amateur Photography vs. Professional
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• Established business for 4+ years• Experience of weddings-families-senior
portraits• One set price, no surprises
• Affordable• Memorable
Solution/ Benefits
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• M Olivas Photographs takes you on an adventure through finding yourself
and capturing your memories forever on film.
With these memoirs shot of your new born baby, to
senior graduate, to newlywed daughter, beautifully composed
images will be produced for you to cherish, remember,
and share, forever.
Mission Statement
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Social Impact• Photographs have a way of bringing
people together• Capture a moment in time to cherish and
share forever• Memories of events
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Service• 2 Hour
photoshoot session / Any location / HD editing
• Online portfolio of images
• An 8x8 leather bound book of professional images
• Discounted on future shoots
• M. Olivas Photographs
is a photography
business made for
capturing your
memories • From newly
wed to new born to senior
graduate, I can be hired
to photograph all life’s
treasured events
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MOlivas Photographs
Milne Photography
Horn Photo (Books)
Price $150 $600+ $90-$200
Availability Open Availability
Have to schedule weeks in advance
Limited Printing
Quality Satisfaction Guaranteed
Not Guaranteed Not Personalized
Your Competitive Advantages1. One select price package 2. An hour long professional photo-shoot 3. Product included
Competition
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Qualifications• 4 Years Experience
• CART Marketing/Advertising Lab
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Description of Expenses
Variable Expenses
Total: $65.00
Props $25.00Booklet $40.00
Fixed Expenses Total: $65Web Hosting $40Advertising $25
Definition of One UnitOne Photo shoot
Economics of One UnitSelling Price $150.0
0 Cost of materials $65. 00
Cost of labor $40.00 Other variable costs
Total Variable Expenses $105.00
Contribution Margin $ 45.00
Monthly Break Even Units$ 65
= 1.4% ≈ 2 $45
Business Model
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Item Why Needed CostCanon Rebel XS
For the photo-shoot $300
Canon Lens 50mm
Professional photography lens
$150
Reflector Professional photography $20Props Photo-shoot $50
Total Startup Expenditures $520
Emergency Fund $260Reserve for Fixed Expenses $100
Total Startup Investment $880
ROI: Return on Investment$4250 = 482
% ≈ $482.95$880
ROS: Return on Sales$4250 = 42% ≈ $41.67$10200
Start-up Funds
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Market StatisticsIndustry Name: Photography Annual Industry
Sales: $10 bn
Description of Target ConsumerDemographics Geographics
-Middle class/High Income families -Families/Newly Weds/ Graduating
-Fresno/Clovis location
Psychographics Buying Patterns-Newly weds, Graduates, families
-Purchased once, again upon request
Total Population
Target Market Population
604,514
Market Size
(based onsurvey)
Target Market Size
Market Analysis
8,879
2.9%
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Total Units68
Gross Revenue10,200
Net Profit$4,250
Jan Feb Mar Apr
May
June Ju
lyAug
Sept Oct
Nov Dec02468
10
Units Sold
Units Sold
Sales Projections
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Website/ Social Media
http://melodyolivas.com
Facebook.com/molivasphotographs
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Future Plans• Branch into greeting cards• Full-time Photography business
Philanthropy
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Melody Olivas