Market Test Drive Korea
Before committing, test the Korean market first. Our Market Test Drive service allows an assessment of the feasibility of products or services in the Korean market. We analyse customer behaviour, competition and relevant regulatory nuances to provide actionable insights. It is possible to combine Korean Test Drive to Asia wide Test Drive as well.
Market Entry Korea Strategy
From the market intelligence and insights, we craft the winning strategy. We tailor market entry plans specific to Korea, considering cultural nuances, legal requirements and industry trends. Successful market entry services Korea require a thoughtful, adaptable plan that includes customer segmentation and an understating of ideal promotion and distribution channels.
Channel Development Korea
Even with good partners, long term channel development requires ongoing monitoring, independent verification and support. Selected partners much cover all market segments.
Continuous improvement is key. We assess existing channels, identify gaps, and recommend enhancements. We work to maximise our client’s market reach and profitability in Korea.
Our channel review services are often a management exercise where we evaluate and score your existing sales channels’ performance. Often this are triggered either weakening sales signals or it is part of standard management process. This is extended version of distributor audits. Channel review services in Korea are very popular especially for larger clients, who have been in the market for years.
Channel development projects are another common service in Korea. These are completed for companies who are completely new to Korean markets or companies with existing presence, who wish to introduce a new business unit (division) to Korean markets. We have completed dozens of Channel development services in Korea.
Partner Search Korea
Finding the right partners is crucial. Starting a partner serach process without understanding your position in the market will probably lead to unsatisfactory sales. In our partner search process, we cannot underline enough the importance of the market ecosystem understanding. This is why we often have Partner Search module follow Channel Development or Channel Review projects.
In Korean Partner Search projects, we identify and vet potential distributors, agents or joint venture partners, ensuring a successful entry into the Korean market. We facilitate introductions and provide support through negotiations. Over the years we have completed vast number of Partner Search projects in Korea.
Channel Review Korea
Continuous improvement is key. With our Channel Review service you can easilly asses the perforamce of your current sale channel(s) in Korea. We assess existing channels, identify gaps, and recommend enhancements.
Channel Review Korea service is typically used by more establsihed firms in need to a do management due diligence of their sales channels in Korea. Often Korea is part of multi-year, multi-country due dilligence process for our clients.
We work to maximise our client’s market reach and profitability in Korea.
Channel Sales Ramp-up Korea
Once in the Korean market and under way, the focus shifts to reaching full sales potential. Our channel sales ramp-up service optimises distribution channels, improves brand visibility, and drives revenue. We help build long term and lasting relationships with local partners.
