Being in the industry for many years and having relationships with many companies, organizations and leaders, I see patterns of failures in which many good companies get trapped in.
Key Patterns of Failure in Korean Network Marketing
There are so~~ many choices now!
Generation now have so many choices to choose from. There are thousands of companies in the market calming and offering great products and opportunities. You can just google for network marketing companies and find about thousands of companies globally.
Joint-Venture Opportunity!
A pharmaceutical company in Korea is looking for a partner, preferably foreign mlm company.
From Doorstep to Daily Life: Palipali and Korea’s Obsession with Speed
I am not saying a mlm company must do the next morning delivery (although Atomy Korea is doing it for certain items). I am just hoping that you can see how the fast moving "Pali Pali" culture is affecting every corner of product business in Korea.
How are you supporting your producers?
Few facts you, as a network marketing company/professional, are already aware of... Your customers are the most effective marketing medium for your business, and that is one of the reason why you chose to be in network marketing industry. Your customers are producers of the most genuine and effective marketing materials. They invest their own …
CNN article on what Korea does better than anywhere else.
CNN's article dated June 15, 2017 titled "10 things South Korea does better than anywhere else" lists few things that might interest you because it reflects a few aspects of culture that can affect your network marketing business in Korea.
How much do we know about MZ generation?
I believe you can find solution(s) from understanding generation change. After all, like what Simon Sinek said, 100% of your customers and employees are people. And for MLM, 100% of your partners are people also, making understanding people more important than other industries.
Few aspects of culture that matters with success in MLM Korea
If you agree that MLM is a relationship based business, I am sure you will also agree that you must learn the culture of your new market. Learning the culture before strategy is a MUST because strategy with cultural ignorance is destined to fail. In regards to Korean culture in relation to network marketing, there …
Continue reading "Few aspects of culture that matters with success in MLM Korea"
2022 year end revenue projection
Article on 2022 year end revenue projection is published. (official one is to be published in April and May by related agencies.)
PMI Korea is growing at a rate of 50+%
While PMI (PM International) grew globally by 35% in 2021 compare to year before, PMI Korea grew by 50+% for the same period to KRW ₩300 billion (about USD $250 million). And, it was expected to close 2022 with KRW ₩550 billion (about USD $450 million) in revenue
Gateway to MLM Korea 