Jenny Khy Barbie Luangphixay CD Korea Jenny Khy Barbie Luangphixay
Company based in Seoul, Korea Korean entertainment products Japan: Second stage for Korean artists The Hallyu Wave Shibuya: Highly populated district of Tokyo Efforts to improve relations
Japan’s Economic System Free market – efficient competitive Imports from Korea – 4.1% (2010) Unemployment rate – 5% (2010)
Political Structure and Stability Constitutional monarchy with parliament Protects industry and trade by World Trade Organization standards 47 administrative sections
Foreign Policy Efforts to strengthen bonds with Korea Consumption tax – 5% World Trade Organization Economic Partnership Agreement with Korea
Population of 120 million (July 2011)
28% of the population reside in Tokyo Shibuya – one of the 23 districts in Tokyo Popular with youth for fashion and cultural aspects Bright lights, multiple advertisements famous attractions
Culture Derived from China – cultures are similar High context Punctuality Golden Week Attracts foreigners and travelers
Target Market Primary: ages 13 to 25 Secondary: women ages 30 to 50 Technology and trends Secondary: women ages 30 to 50 Housewives 67.9% of population between ages 15 to 55
Competitors Tower Records (Tokyo) – specializes in physical music sales Recochoku (Online) – 65% digital music sales
Proposed Organization Limited Liability Corporation Commercial property with back room Staff team from Korea – fluent in Japanese One owner as overseer
Brochures, Fliers, Posters, Website, In-store displays Promotional Plans Brochures, Fliers, Posters, Website, In-store displays
Transportation Air Freight Import License Bill of Lading More secure, lower insurance rates, few risks Pantos Logistics Import License Bill of Lading Certificate of Compliance
“Sharing Korean pop culture with the world, one friendship at a time” Mission Statement “Sharing Korean pop culture with the world, one friendship at a time”