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Showing posts with the label #K-products

K-pop, Hallyu and Star Marketing of Dongdaemun Style

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Thanks to Hallyu (the Korean wave) and the growth of K-pop idols, Dongdaemun market is indirectly obtaining advertising & promotional performance of its products. As is widely known, Hallyu concept is used to explain the expansion of Korean pop culture and entertainment to the rest of the world. This was done through television, films, and music, in which K-pop enters. Among them, the most popular recently, BTS are a K-pop group made up of seven members such as Jin, Suga, J-Hope, RM, Jimin, V and Jungkook, who come from all over South Korea. They launched in 2013 and have since rocketed to global stardom. Unfortunately, BTS were forced to cancel their international ‘Map of Soul tour’ dates 2020, because of the COVID-19 pandemic. Even in such a dark situation, they report that it will be approaching fans around the world during an online concert in June.  Whether or not, a large number of stars leading Hallyu are affecting the fashion and its trends of the world market like one ...

Dongdaemun Style, the Market Power of its Commodity is Quite Strong

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There is a keyword used in management and marketing strategies called QM (Quality Message). QM means that quality of any commodity and the consistency is an advertisement, rather it is a message to buyers and consumers. Many domestic and foreign consumers often think that electronic products manufactured by excellent companies such as Samsung and LG are always good quality. In fact, their electronic products are of good quality and are loved by many consumers because of that.   Those two companies continued to gain the image of the company that always makes good quality products, and as a matter of fact, the management performance of advertising and promotion is great. Amorepacific is loved by a huge size of Chinese consumers for the quality and its value of the various cosmetics produced and supplied by the company. This marketing strategy based on quality rather than price deserves great rewards. Wholesalers in Dongdaemun market also send messages to domestic and foreig...