MLM Solution Provider for S. Korea Market
Multi Level Marketing Industry in Korea
Over the past 40 years of experience, working in the field and working as a consultant to many companies, and as a student of leadership and organizational behavior, I have seen many great companies enter Korea and eventually fail. Most of them were purely revenue-driven from the beginning. That part was not surprising. What saddened …
In a Multi-Level Marketing (MLM) company, the "Product" is only half of the equation; the other half is the Network Culture. Because distributors are independent contractors and not employees, they cannot be forced to work. They must be inspired to work. โTeaching the companyโs philosophy consistently is the "intentional motion" that transforms a group of …
Korea has been a test market for big companies' new products. Why? it is the culture and technology. Koreans are curious, love to try new stuff, collective community-based influence works fast.
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.
A pharmaceutical company in Korea is looking for a partner, preferably foreign mlm company.
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"
Article on 2022 year end revenue projection is published. (official one is to be published in April and May by related agencies.)
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 โฉ300 billion (about USD $250 million). And, it was expected to close 2022 with KRW โฉ550 billion (about USD $450 million) in revenue
Finally our site is officially open as of today. It took us total of 3.5 days to have it finished. YES, only 3.5 days. And we are celebrating opening of "mlmKorea.net" today.
On Jan. 5th, Korea Marketing News posted am article, saying more foreign companies will be launching in Korea or preparing to come to Korea.
Gateway to MLM Korea 