G6 Chapter 12
G6 Chapter 12
G6 Chapter 12
Accountancy Research
By:
September 2022
University of Perpetual Help System Isabela Campus
Minante Uno, Cauayan City, Isabela
College of Business and Accountancy
1
CHAPTER 1
Introduction
Who would have thought that emotions, memories and scents can be brought back with
just one photo? There is no better way to represent memories than picture. The best approach to
preserve the lovely landscapes that nature has given us as well as to remember those priceless
family moments and different events. This is why capturing moments in your life is imperative
Taking photographs allows individuals to have a memory of the significant events and
people in their life. Such as the occasions of birth, weddings and anniversaries, holidays and
celebrations are all documented because they are significant (O'Neill, 2012).
Photography is becoming popular in the digital age, and has become something that
everyone can participate in. The way people read images has completely changed, and access to
images is faster and more convenient than ever before. Everyone comes into contact with
social events (such as news reports) as well as in everyday life (such as recording the trivialities
of life). Corporately, photography can now be a source of income and living for individuals who
are into the industry through putting up photography businesses. It offers a wide range of services
including portraits, corporate and events such as weddings and birthdays and more. Shades,
tones, smiles, delight, and even despair reflect and capture photographer’s creativity.
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College of Business and Accountancy
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Despite the fact that the photography industry is competitive, many photographers have
been able to discover their niche and establish a long-term career. With the countless celebrations
happening in the life of each individual in each day, Negocio de Fotografia is a photography
business which will become part of the life’s momentous events of each customer. It also allows
customers to have the opportunity to capture and document moments they wanted to cherish and
treasured for the rest of their lives. This photography business will offer optimum services and
Negocio de Fotografia is a business to cherish and treasure the value of photography and
have fun with its customers. Generally, this study aims to determine the attainability and
services to each valued customer. Specifically, this study aims to meet the following objectives:
business.
3. To analyze the competitive strengths of the proposed business whether the business
Photos are powerful. In every society, there is a way of telling stories. It is a way of sharing
information from one generation to the next. Photos play a significant role in all that. One of the
most fascinating things is when you look at the photo album in your family. You will be able to
understand what was going on back in the days. The memories that photos preserve are important
to you and future generation. Photos are very important because they are going to open your mind
and allow you to see things in a different perspective. A society can be influenced by
photography. This would happen where images evoke emotions and inspiration, influencing the
direction many might take in life. You can look at a photograph and be reminded of a particular
occasion.
Taking photos is very common today. You have done it or at least you have had your photos
taken at a social or business event. The question then begs; why is photography so important for
any occasions. Whenever you organize or host an occasion, it is important to plan and budget for
photos. It is advisable to get services of a professional photographer. You get memories of the
emotions and activities that took place. Having access to your photos is very important as a way
of preserving your memories. It is very nice when you can look back at a stage in your life
through the photos that you have safely kept. It is a record that reminds you of the various
There are many reasons why photography is important in your occasions. In the course of
your life, you are going to have opportunities to attend or host events. These are the occasions
that require you to capture and record memories. Having a professional photographer would be a
good idea. You are going to get high-quality photos that will tell the story of your event. Here are
a few occasions when photographs should be taken such as dinner with family or friends,
engagement and weddings, birthdays, when on vacation, your new home or house, business
meetings or events, graduation party, gender reveal and celebrating a new born baby. The idea is
to ensure you capture and record every occasion that is important to you. In the future, you will
look back and appreciate that fact that you have memories of that particular moment. (Joe, 2022)
With the popularity of the photography industry in America perpetuated by social media,
blogs, and other networking sites, thousands of self-employed photographers have set out to
make a living documenting the most important day of some people’s lives. Digital photography
appeals to many for its convenience but having a camera does not make one a professional
photographer. What separates the hobbyists from the professionals is the development of skills
and creative vision and the proper legal and business licensing to make a profit off of their
photography. The photography industry is comprised of skilled vendors and creative service
There are many reasons why you should be investing in professional photography. One of
the benefits of hiring a professional photographer is that they pay attention to the details. And the
details can have a huge impact on the end result of a photo. In addition to having the right
equipment, they will also know how to use it. The result is that these tools will help them produce
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Minante Uno, Cauayan City, Isabela
College of Business and Accountancy
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their best work and stand out from the competition. And you will have professional photos that
you cannot get from a standard camera or phone. Another benefit to hiring a professional
photographer is that they are running a business. So this means that they will have a desire to
professional photographer is that you will walk away with high-quality photos every time.
Professional photographers are people who truly enjoy what they do and are skilled at getting the
most out of an image. They understand how important it is to capture the best moments at the
Furthermore, professional experience is everything. Not only are you paying for a
photographer’s time and commitment, but most importantly you’re investing in their advanced
quality camera equipment, attention to detail and their perfect eye for lighting, posing, detail, and
the perfect frame. They also see the little things professional photographers are substantial to
every detail. Not only will they be there for every shot, but they’ll always make sure everything
always looking up to par. It’s like having a personal assistant. Because they want to make sure
every photo looks amazing and ensure photo quality and photo security. Rest assured that your
cherished photographs are safely backed up and ready for some magic editing. Professional
at their optimum level. By hiring a professional, your photos are frame-worthy to stay with you
forever (luckylittlechapel).
Additionally, an expert will be able to take photographs which are interesting and
showcase everything you want from every angle leaving no questions in the mind of the person
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College of Business and Accountancy
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looking at the photograph. He or she should have an eye for detail and be able to generate interest
out of everyday / normal machines. This means that the photos need to be more like a piece of art
History is the study of the past. But when it comes to Philippine photography, the term is
more complex than it seems. Sure, there are photographs of important historical events, but what
makes a photo “historical”? We can all agree that just showing up and pressing the shutter is no
longer enough to make a photograph “modern day.” Today’s photographers are working
creatively to capture their slice-of-life view of Philippine culture and they’re sharing their photos
in social media. This democratization of photography is bringing the art form to the masses.
On today’s social media, it is very common to see the works of amateurs being presented as
the works of professionals. It is also very common to see people wrongly using the term
camera and pointing it at something. It’s not just about pointing a camera at something and taking
a picture. In fact, there are numerous other factors that are involved in the process of being a
photographer.
You have probably heard of digital photography, and many people have a basic
understanding of what digital cameras and social media are. But, if you are like me, you still need
to learn more about these two topics. In this post, you will learn more about these two subjects
Every time we share a photo on our social media accounts, we’re telling a story. Our friends
and followers have a much more intimate experience with us and our lives, going beyond words.
At the same time, those posts can reveal a lot about who we are, and help shape how we are
perceived in society. For example, if you’re the type of person who shares photos of themself and
their pet, this may make you seem more caring and compassionate. If you’re always sharing
photos of you and your partner, this may make you seem more loving and caring
A photograph’s value is a complex concept to boil down into a simple answer. Value is
driven by many things, including aesthetics, rarity, and personal connection, but in the end, it’s
all about what someone is willing to pay for a piece of work. That said, there are plenty of factors
that can influence how much someone is willing to pay for a photograph. For instance, a selfie
taken at the perfect moment, featuring a celebrity or recognizable subject, is likely to be worth
Having a great camera is an advantage, but it isn’t everything. It doesn’t matter how big your
pixels are, how many megapixels are in your sensor, or how many AF points your camera has if
you don’t know how to take a good picture. So how can you learn to take great photos? There are
lots of ways to improve your photography skills. You could read a photography book, take a
class, or just practice. The latter is by far the easiest solution, but it’s also the one that most
people never consider. Whether you’re an amateur or professional, if you have a digital camera,
all you need to do to take good pictures is to take lots of photos. The camera is a tool, use it
City. This research will be important to the following group of people who will benefit from the
study.
Businessmen and Entrepreneurs. The outcome of this study can be beneficial, particularly to
businessmen and entrepreneurs in the same field. As a result, this study attempted to offer
Potential Market. It would benefit the potential market in a way that once the feasibility study is
completed, they would have something to use as a reference to direct their decisions, as the
results of the study may indicate the chances of success of the proposed business and the market
positioning of the study that can be used as a comparative tool against other entities of the same
type.
Future Researchers. The concepts presented may be used as benchmark data in future research.
This study will be a valuable resource for researchers who wish to conduct similar research.
Future researchers may see this research as a starting point for producing more reliable data.
Methodology
This chapter explains various methodologies that were used in gathering data and analysis
which are relevant to the research. The methodologies will include areas such as research design,
Research Design
The study will use a descriptive design to examine the varying aspects that affect the
target market of the study. The researchers will use a survey questionnaire made by themselves as
a data gathering tool. The questionnaire contains important questions that can help in assessing
the market demand of the business, the projected revenue same as the customer’s behavior
towards the project being proposed. The instrument that will be used in this study to gather data
is a checklist questionnaire.
The respondents of this study are from the households of each barangay in Santiago City ,
Cabulay, Calao East, Calao West, Calaocan, Centro East, Centro West, Divisoria, Dubinan East,
Dubinan West, Luna, Mabini, Malvar, Nabbuan, Naggasican, Patul, Plaridel, Rizal, Rosario,
Sagana, Salvador, San Andres, San Isidro, San Jose, Sinili, Sinsayon, Sta. Rosa, Victory Norte,
Victory Sur, Villagonzaga and Villasis represented by one adult per chosen household. This study
will be conducted at Santiago City. The proponents will conduct the survey in the houses of
Sagana 1149 12
Salvador 540 6
San Andres 455 5
San Isidro 315 3
San Jose 334 4
Sinili 391 4
Sinsayon 808 9
Sta Rosa 189 2
Victory Norte 1585 17
Vitory Sur 641 7
Villa Gonzaga 459 5
Villasis 272 3
TOTAL 36,267 396
Table 1. Schedule of the Target Market Distribution
This table shows the target market which are the households of the barangays in Santiago
City, the total number of households per barangay and the targeted number of households per
barangay. Out of 36,267 households 454 from Abra with a sample size of 5 households, 469 from
Ambalatungan with a sample size of 6 households, 986 from Balintocatoc with a sample size of
11 households, 1,435 from Baluarte with a sample size of 16 households, 469 from Bannawag
Norte with a sample size of 5 households, 2,215 from Batal with a sample size of 24 households,
1,063 from Buenavista with a sample size of 12 households, 938 from Cabulay with a sample
size of 10 households, 902 from Calao East with a sample size of 10 households, 388 from Calao
West with a sample size of 4 households, 1,699 from Calaocan with a sample size of 19
households, 329 from Centro East with a sample size of 4 households, 306 from Centro West
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College of Business and Accountancy
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with a sample size of 3 households, 1,229 from Divisoria with a sample size of 13 households,
552 from Dubinan East with a sample size of 6 households, 890 from Dubinan West with a
sample size of 10 households, 296 from Luna with a sample size of 3 households, 1,691 from
Mabini with a sample size of 18 households, 914 from Malvar with a sample size of 10
households, 850 from Nabbuan with a sample size of 9 households, 1,376 from Naggasican with
a sample size of 15 households, 1,422 from Patul with a sample size of 16 households, 1,632
from Plaridel with a sample size of 18 households, 3,632 Rizal with a sample size of 40
households, 2,992 from Rosario with a sample size of 32 households, 1,149 from Sagana with a
sample size of 12 households, 540 from Salvador with a sample size of 6 households, 455 from
San Andres with a sample size of 5 households, 315 from San Isidro with a sample size of 3
households, 334 from San Jose with a sample size of 4 households, 391 from Sinili with a
sample size of 4 households, 808 from Sinsayon with a sample size of 9 households, 189 from
Sta. Rosa with a sample size of 2 households, 1,585 from Victory Norte with a sample size of 17
households, 641 from Victory Sur with a sample size of 7 households, 459 from Villa Gonzaga
with a sample size of 5 households and 272 from Villasis with a sample size of 3 households.
The total number of households in each barangay are obtained from CPDO and the
following formulas are used to compute for the total number of sample size and the sample size
N
n=_____________
1 + Ne2
N = Population Size
e = Margin of Error
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College of Business and Accountancy
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n=(454/36267) x 396
n=5
The proponents will conduct a face to face surveys through questionnaires with guided
answers to be shown in appendices. The questionnaires will be floated to the target market which
are the households of each barangay in Santiago City represented by one adult per chosen
household.
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College of Business and Accountancy
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such as portrait and event photography both on location and in studio sessions. Particularly,
weddings, baptismal, debut, and birthdays other than the debut. Negocio de Fotografia will cater
location shoots where the customer can choose any locations they want and studio photoshoots a
studio located at Plaridel, Santiago City will be set up according to the theme chosen by the
customer.
Sources of Data
The proponents presented a letter of approval from the Dean of College of Accountancy
and Management of La Patria College, Santiago City and presented communication letter to the
barangay captains of each barangay at Santiago City to ask permission to conduct a feasibility
study with in the vicinity. The proponents also obtained the total number of households in each
barangay of Santiago City through the City Planning and Development Office (CPDO) and got
the sample size through Slovin’s Formula. The proponents used questionnaire as survey
tool.Before administering the tool, the proponents oriented the selected respondents regarding the
questionnaire they will answer and informed them about the purpose of the study. The proponents
also emphasized that the identity and privacy will be ensured and their answers to the
questionnaire will remain confidential to others and will use for academic purposes only. After
the data has been gathered, it will statistically treat, analyze and interpret by the proponents.
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Definition of Terms
Customers – a person/organization that buys the services being offered by the business.
Events – an organized and planned public or social occasion such as weddings, debuts, baptismal
Location shoots – shooting in the actual setting wherein the story takes place rather than in a
studio.
Memories – the faculty by which the mind of the customers stores and remembers when they see
Moments – the most special part of the event being captured and documented.
Photo Coverage – the service being covered is photo only and does not include video.
Photography Business – the practice expertise in photo and video services which are making
Stories – a narrative or message that is conveyed through photo and video coverage.
Studio shoots – shooting in a room wherein the story takes place rather than in an actual setting
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CHAPTER 2
MARKETING ASPECT
Introduction
This chapter contains: vision and mission, product description, 4 P’s of marketing,
marketing related information of the entity, the industry, projected demand and supply, demand
Vision
for you at all of life's most significant moments and to be with you at all of life’s simplest and
greatest reminiscences.
Mission
To broaden our imagination by creating fun experiences and not limiting customer’s
insights by offering customized photo sessions desired by the customer and providing more than
just high-quality photos and videos but also exceptional customer-service experience. To capture
stories and memories of momentous personal events with creativity and comfort in order for
Product description
and event photography such as weddings, baptismal, birthdays and birthdays other than the debut.
It will accommodate photo coverage and will also cater studio and location shoots. For location
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shoots, Negocio deFotografiaa will also provide photo packages. For studio shootings, Negocio
deFotografiaa will rent its own location at Santiago City that will be employed for studio style
photo shoots with packages and will be set up depending on the theme selected by customers and
part of the establishment will be utilized as an office. Negocio deFotografiaa will also feature
discounts and freebies dependent upon the packages picked by the customers.
The packages of photo coverage being offered mainly focusing on weddings, baptismal,
4 P’s of Marketing
Product Strategy
Weddings
Baptismal
Debut
Birthdays other than debut
Negocio de Fotografia will also feature discounts and freebies dependent upon the
packages picked by the customers. Photo sessions will be done on-location that will be
convenient for the client. Both indoors and outdoors are possible. The final output will be in
high-quality prints, either framed or published as a coffee table book, and will be delivered right
to the customer’s doorstep. For those clients who do not want prints, high-resolution digital
versions are accessible and available for download on a specific website so that clients can share
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them with friends through social media. Additionally, Negocio de Fotografia will also provide
portrait programs and will take the initiative to contact customers to schedule appointments when
they are due.
Pricing
responsibility which will position the newly established business in order to generate sustainable
income. With this, the price of the services being offered will be based on the following key
factors:
● Business Expenses.
It is crucial to examine not only the price of the items or services you provide to
customers, but also the expenditures necessary to enable your operation. This covers
expenditures like as taxes and insurance, a website and marketing materials, and
The amount of time you'll spend on a job, you may rapidly discover that your
prices are insufficient to pay for your time. Remember that time is money, and this
Beginning entrepreneurs may lean on the low end of the price range in an effort to
attract more customers. Nevertheless, costs might affect the perceived worth of your
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College of Business and Accountancy
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services. Clients may believe that your inexpensive pricing represents the quality of
your job.
Wedding P 13,000.00
Baptismal P 13,000.00
Debut P 11,000.00
Price Comparison
The table shows the pricing of the competitor of Negocio de Fotografia around Santiago
City which are the Ideal Concept Studio & Jason Wong Art & Images.
Promotion Strategies
portrait photography and providing more services to the target market, Negocio de Fotografia
will deploy a broad variety of advertising and promotion strategies. Moreover, by delivering great
able to benefit from its customers' word-of-mouth advertising, therefore expanding its customer
base.
promotions in order to reach a larger audience. With this, the following are the marketing
● Business Door-to-Door Sales Calls – Visiting each barangay and engaging with
certain households to explain and describe the services and packages being offered by
Negocio de Fotografia. It enables the business to know the stories and milestones of
● Referral Program and Word of Mouth – Negocio de Fotografia will also establish a
● Website & social media - Negocio de Fotografia will have a professionally designed
website where customers may browse services, prices, and schedule sessions. With
customers' agreement, the website will feature testimonials and a picture gallery.
Negocio de Fotografia will have Facebook and Instagram pages. With customers'
photographs.
Place of Distribution
Negocio de Fotografia will start its operations with the presence physical office and studio
located in Patul Road, Plaridel, Santiago City. It has an area of 4 meters by 6.20 meters and it will
be rented monthly. The designated location is good enough for a photography studio and is near
schools and commercial establishments. The city is considered the Commercial and Trading
Center of Cagayan Valley and tagged as the Investment Hub of the North. Negocio de Fotografia
will also be doing on location photo, whether at home or any destination that will be convenient
.
Market Segmentation
Age is the most essential variable in demographic segmentation, the most significant
factor, since consumer preferences fluctuate constantly with age. Parents or any adults per
household are the target market as they are the ones who can decide to avail the services being
offered. Particularly the middle to high income earners since the services being offered are costly.
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The customers with high involvement are the target market. By segmenting based on not
interested, former customers, potential customers, first-time customers, and regular customers
services, a business may tailor its marketing to each group. Whereas regular users of a certain
service may desire one kind of marketing approach, prospective users may require a different
type of marketing approach; thus, it is vital to segment customers and target them in an
unexpected manner.
Marketing Strategies
The most important element of our marketing strategy is the provision of quality service
and to serve according to theclient’s requirement or request and set- up arrangements. Being
professional, artistic, patience and ability to work under pressure we need to persuade clients.
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College of Business and Accountancy
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Good communication and people skills are also vital to build up clients’ repertoire for successful
events. The marketing strategy will increase and build customer awareness.
The strategy will use several methods to achieve the goal. Our marketing objectives is to
increase steadily our market share and if exhaust the possible market.
Professional and engaging photography services that are also reasonably priced.
The owner is a knowledgeable professional who understands and can meet the needs of
The use of software applications to improve the overall appearance and feel of each
output.
Target Market
Parents or any adults per household residing at Santiago City are the biggest market for
portrait and event photography and videography services. They are identified as major decision
maker when it comes to household purchases (Asuela, 2022). Parents are known to be
sentimental and are fond of keeping memories through photographs and video graphs. They are
also particular about how they and their loved-ones will look in their portrait photos.
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Channel of Distribution
Since Negocio de Fotografia provides a one-stop shop for all photography needs, the
customer shouldn't feel the need for additional intermediaries when receiving their products and
The Negocio de Fotografia will use a direct marketing channel, therefore the channel will
only have two parties: the Negocio de Fotografia. and the final customer. Because only the
Negocio de Fotografia would be authorized to distribute the company's product and services, this
might be considered as an exclusive distribution. The Negocio de Fotografia will employ their
own sales representatives, and their own photographers in the studio and on location, they will be
prepared with all equipment necessary to manage, print and edit all images for the customers.
Therefore, there will be no need for any other intermediary or member of the channel.
Direct Competitors
pre-birthday,
maternity, family
shoot, pre debut &
pre wedding photo
& video.
Industry Analysis
The photography industry consists of businesses and people that provide a variety of
● Photography
✔ Wedding
✔ Baptismal
✔ Debut
Industry Activities
● On location photo
● Event Photography
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Company Logo
Company Trademark
When establishing a business, branding serves as your visual identity and is crucial to
how customers perceive your company. A logo is an essential element of your photography
camera, a camera focus, the tag line, and a black background. The proponents wanted to name the
business in a distinctive and elegant way that would attract the attention of customers, and they
came up with the name “Negocio de Fotografia,” a Spanish word which means "Photography
Business." It sounds classic and unique yet still attached from its goal of capturing and
documenting. The camera, which symbolizes the preservation of memories filled with wonderful
moments and experiences, will serve as a reminder to each customer of how incredible things
were back then. A black background creates contrast and makes each component of the logo
stand out. Lastly, as shown in the logo, the tagline is within the camera focus. It implies that
"Negocio de Fotografia" will pay attention to and engage in their customers' feelings and
emotions so that whenever they look back at their photographs, remembering the good old times