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CD Korea. Jenny Khy Barbie Luangphixay. 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. Japan’s Economic System.
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CD Korea Jenny Khy Barbie Luangphixay
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
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
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
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 • 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
Promotional Plans Brochures, Fliers, Posters, Website, In-store displays
Transportation • Air Freight • 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”