GROUP1 01case Analysis Activity

GROUP 1
Panulaya, Claire Arango

Galvez, Kyre Erbohn
Saladaga, Janille Carlo
Torres, Andrei Norman
Calingacion, John Chris God
Miguela, Donna Renee
01 Case Analysis Activity
1. How do you think you can apply the best practices of these creative industries to
your own creative business someday?
- We can apply the best practices in our own creative business someday since it would
most likely help us to increase corporate innovation, implement best practices, explore
new ideas, and uphold quality standards. This strategy can help creative firms succeed by
fostering long-term relationships and devoted clients. By using what we learned from this
institution we will make good business decisions and be a good business partner. The
actual best way to apply best practices in creative industries is to give your passion into
the work to someone who enjoys their work. We agree with Magbanua's point regarding
the essence of passion and how it produces greater output, because if you have love for
your business it will genuinely resonate with your creativity and so on your success. We
can apply these practices to our own creative business by adapting to the current trends or
by establishing our own identity unique to ourselves. An example of this is the gift shop
Papemelroti, where they used eco-friendly and recycled products to make their
notebooks, post cards, and pins. By being creative we have all the freedom to think a
good strategy to harness that creativity to create something interesting one day.
2. What do you think are the opportunities waiting for these creative industries in the
new normal in our country? And do you think they can create their own
opportunities? Why and how?
- Yes, they can create their own opportunities. An example would be the wedding
videographer in one of the videos can offer their services outside of the Philippines as a
video editor. By extending their reach outside of the Philippines, not only do they cut
costs in renting studios, travel expenses, etc. but they also secure themselves a stable
income through this. Our country has a good track record in making good business such
as animation, clothing design and video editing. They can create their own opportunities
by embracing technology, such as utilizing social media platforms, creating digital
products, and offering virtual experiences. This new normal has resulted in a major
growth in demand for various digital goods that allow you to demonstrate your skills and
creativity, as well as more convenient connections with potential partners and clients. The
opportunities of these things in the new normal Industry is that companies and studios
need people with creative freedom because that's what empowers them. Opportunities are
expanding and the demand of creativity are on high and even people can make their own
opportunities with the high and rise of creative industry on the Philippines.
3. What other business solutions can you think of so that they can stay on top of the
game in the industry? Explain your answers.
- Other business solutions that we can think of so that they can stay on top of the game in
the industry is that the video materials can be used as a strategic marketing strategy to
interact with the target market, increasing brand awareness and product offerings,
particularly with the help of social media and digital technologies. A single person was
able to make a great business of printing shirt stickers by using popular trends and pop
culture references. Maintaining a strong online identity is a good example. We can all
agree that social media and digital technology make it more accessible to get the word
out to people from different places. This could boost the creative business's products and
provide an excellent technique to raise awareness of your brand and core values. Be
yourself and express everything that you have accomplished in a way that supports the
team and the company. Think of problems as positives and Inspirations to avoid losing
Interest and patience.

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GROUP 1

Panulaya, Claire Arango

01 Case Analysis Activity

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