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Showing posts from August, 2023

The Roots of Korean SCR #18

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  www.seoulclick.com Bong Sul (Ph D., Advisor) Fashion retailing, where and how to purchase?  The Roots of Korean SCR <18> New Il-han, founder of Yuhan Corporation, one of the 100-year-old companies, left a valuable message for us.  “Production of high-quality, low price is the ABC of corporate achievement. But it is also a corporate social responsibility.” Like many Korean businessmen, the conscious Dongdaemun merchants do not forget the widely respected Ph D. New Il-han’s quote. Money well invested earns good interest.

Value of products in perfect competition #17

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www.seoulclick.com Bong Sul (Ph D., Advisor) Fashion retailing, where and how to purchase?  Value of products in perfect competition <17> “The battle is not always to the strong.” In pure competition like Dongdaemun market, many small and medium-sized wholesalers and their suppliers are gaining trade performance through designer brand for less.  In the market, there is no transaction unless it is a designer product with a low price.  In other word, a company’s survival is guaranteed by low-priced designer products. The people in the marketplace always say, “We must do or die.” 

The Tokkebi(goblin) market’s fantasy #16

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www.seoulclick.com Bong Sul (Ph D., Advisor) Fashion retailing, where and how to purchase?  The Tokkebi(goblin) market’s fantasy <16> Because Dongdaemun market is open for wholesale trading at night, people call it the Tokkebi(Goblin) market. For the convenience of retailers and buyers, the Tokkebi market open from 8:30 p.m. to early morning the next day. In that market, many fashion businessmen at home and abroad are earning a lot of money through wholesale trade, just like the magic of a Tokkebi's bat. “First catch your hare, then cook him.”

Start-up and gateway to success #15

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 www.seoulclick.com Bong Sul (Ph D., Advisor) Fashion retailing, where and how to purchase?  Start-up and gateway to success <15> With fewer and fewer job opportunities, the era of start-ups has come. As we already discussed, that is right. In the fashion business founded by many influencers, there are many strategic challenges in marketing. For example, it is, -Product development -Market research -Advertising -PR, and Sales, etc. If you work with a purchasing agency like seoulclick.com, you will easily get better marketing performance. There is every chance that you will succeed.