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Published byTamsin Hamilton Modified over 9 years ago
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CD Korea Jenny Khy Barbie Luangphixay
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Company based in Seoul, Korea Korean entertainment products Japan: Second stage for Korean artists – Hallyu – Korean Wave – Shibuya: Highly populated district of Tokyo Efforts to improve relations
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Japan’s Economic System Free market – efficient and competitive Imports from Korea – 4.1% (2010) Unemployment rate – 5% (2010) 10,000 Korean Won = 675.86 Japanese Yen
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Political Structure and Stability Constitutional monarchy with parliament Protects industry and trade by World Trade Organization standards 47 administrative sections
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Foreign Policy Efforts to strengthen bonds with Korea Consumption tax – 5% World Trade Organization Economic Partnership Agreement with Korea
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Population of 120 million (July 2011)
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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
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Culture Derived from China – cultures are similar High context Punctuality Golden Week – Attracts foreigners and travelers
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Target Market Primary: ages 13 to 25 – Technology and trends Secondary: women ages 30 to 50 – Housewives 67.9% of population between ages 15 to 55
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Competitors Tower Records (Tokyo) – specializes in physical music sales Recochoku (Online) – 65% digital music sales
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Proposed Organization Limited Liability Corporation Commercial property with back room Staff team from Korea – fluent in Japanese – One owner as overseer
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Promotional Plans Brochures, Fliers, Posters, Website, In-store displays
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Air Freight – More secure, lower insurance rates, few risks – Pantos Logistics Import License Bill of Lading Certificate of Compliance Transportation
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“Sharing Korean pop culture with the world, one friendship at a time”
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