• 제목/요약/키워드: global marketing

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The Global Ginseng Market and Korean Ginseng

  • Baeg, In-Ho
    • 인삼문화
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    • 제4권
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    • pp.1-12
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    • 2022
  • Ginseng and ginseng products are distributed in approximately 190 countries around the world. The size of the ginseng market varies by country and there are no accurate statistics on production and distribution amounts per country. Therefore, it is difficult to make predictions about the global ginseng market. Governments and ginseng trading companies are in need of comprehensive data that shows the current status of the ginseng market to help them establish effective import, export, and sales and marketing policies. To addressthis need, this study examines the approximate size of the world ginseng market based on estimates of recent quantities of ginseng distributed in specific country as well as production by major ginseng producing countries. In 2018, global ginseng production was about 86,223 tons based on fresh ginseng. China produced 50,164 tons, South Korea 23,265 tons, Canada 11,367 tons, the US 1,285 tons, Japan 30 tons, and other countries a combined 112 tons. The value of global ginseng production is estimated to be approximately $5,900 million, with $2,870 million (48.6%) in China, $2,489 million (42.2%) in South Korea, $478 million (8.1%) in Canada, $54 million (0.9%) in the USA, $4 million (0.1%) in Japan, and $5 million (0.1%) in other countries. The value of ginseng products consumed for the last five yearsin South Korea was $1,162 million in 2014, $1,280 million in 2015, $1,548 million in 2016, $1,638 million in 2017, and $1,762 million in 2018, showing that the market has been increasing in recent years. In particular, the Korea Ginseng Corporation (KGC), the biggest global ginseng company in South Korea, recorded sales of $1,207 million in 2018. This represents about 69% of the South Korean ginseng market, and about 20% of global production. Since interest in alternative medicine and health food among consumers is increasing globally, the market for ginseng is expected to expand into the future.

한국 생수산업의 해외시장진출 전략에 관한 연구 (A Study on the Foreign Entry Strategy of Korean Mineral Water Industry)

  • 홍성헌
    • 통상정보연구
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    • 제12권4호
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    • pp.363-382
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    • 2010
  • It should be unthinkable to not provide water at survival of any living things. Water is too a basic element for development for a country. Currently, the global market of mineral water is growing rapidly. This study, I conceptualized mineral water as bottled water. In particularly, bottled water has seen huge global growth for the last few years. The annual growth rate of the market in the period 2005-2009 was 5.9%. Following a surge in obesity and subsequent health and wellness trends, many consumers are switching from sugary soft drinks to healthier alternatives. Therefore, the global bottled water market is one area which has big potential for growth, but price competition is getting intensified among multi-national and domestic firms. Korean providers too are faced with strong competition in growing domestic market. The bottled water market has presence of multinational provider like Nestle, Danone and Coca-Cola, which collectively account for 35.1% of the world market share in 2009. On the basis of a market orientation approach, this article looks at changing environments in the world mineral water industry and attempts to describe foreign market entry strategy of the Korean mineral water industry. The market orientation provides strong norms for learning from customers and competitors, is instrumental in creating a superior value for buyers, innovating successfully, and generating excellent firm performance. So firms should consider a strategic planning in basis on market orientation before they enter foreign markets. Some discussions were made about managerial implications for Korean bottled water providers.

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Development Strategies for Attracting Foreign Direct Investment in Uzbekistan

  • Ji Young JEONG;Sun Mi KIM;Changho CHOI;Ji Young HAN;Yong Geun KIM;Mamurbek KARIMOV
    • 융합경영연구
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    • 제11권5호
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    • pp.57-67
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    • 2023
  • Purpose: An evaluation of Uzbekistan's steps towards competitiveness for FDI globally is presented in this paper. Specifically, the purpose of this paper is to analyze the case of Uzbekistan, and to determine the strategies that can be implemented to increase the competitiveness in attracting foreign investment. Research design, data and methodology: To investigate the FDI environment and identify effective strategies, Global RPM and QSPM analyses were conducted in addition to in-depth interviews with experts. In particular, this study uses the method of Global RPM analysis to make a comprehensive evaluation and analysis on globalization, rationality, and professionalism and morality dimensions of FDI in Uzbekistan. Results: According to the analysis, the conditions of political situation, financial stability, legal frameworks, as well as economic environment of the country play a significant role in bringing in FDIs from abroad. Moreover, based on the results, Uzbekistan scored lowest on globalization, indicating that the country has a low level of integration and openness to the global economy and society. Conclusions: Uzbekistan can boost its productive capacity and GDP growth with FDI, but it has to overcome many structural and logistical obstacles. Furthermore, adhering to the chosen strategies, policymakers can leverage FDI to stimulate economic growth, leading to the generation of new jobs and expanded opportunities in Uzbekistan.

Awareness, attitude, and behavior of global and Korean consumers towards vegan fashion consumption - A social big data analysis -

  • Yeong-Hyeon Choi;Sungchan Yeom
    • 복식문화연구
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    • 제32권1호
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    • pp.38-57
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    • 2024
  • This study utilizes social big data to investigate the factors influencing the awareness, attitude, and behavior toward vegan fashion consumption among global and Korean consumers. Social media posts containing the keyword "vegan fashion" were gathered, and meaningful discourse patterns were identified using semantic network analysis and sentiment analysis. The study revealed that diverse factors guide the purchase of vegan fashion products within global consumer groups, while among Korean consumers, the predominant discourse involved the concepts of veganism and ethics, indicating a heightened awareness of vegan fashion. The research then delved into the factors underpinning awareness (comprehension of animal exploitation, environmental concerns, and alternative materials), attitudes (both positive and negative), and behaviors (exploration, rejection, advocacy, purchase decisions, recommendations, utilization, and disposal). Global consumers placed great significance on product-related information, whereas Korean consumers prioritized ethical integrity and reasonable pricing. In addition, environmental issues stemming from synthetic fibers emerged as a significant factor influencing the awareness, attitude, and behavior regarding vegan fashion consumption. Further, this study confirmed the potential presence of cultural disparities influencing overall awareness, attitude, and behavior concerning the acceptance of vegan fashion, and offers insights into vegan fashion marketing strategies tailored to specific cultures, aiming to provide vegan fashion companies and brands with a deeper understanding of their consumer base.

충동구매에 미치는 마케팅자극요인: TV홈쇼핑 이용자를 중심으로 (Marketing Stimulating Factors of Impulsive Buying : Focus on TV Home Shopping Consumer)

  • 김창호
    • 정보학연구
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    • 제8권4호
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    • pp.65-74
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    • 2005
  • The central purpose of this paper is to examine impulsive buying from home shopping channels and to investigate some stimulating factors of marketing on the customers' impulsive buying. on TV. Survey questionnaires were given to 303 customers who have purchased products through TV home shopping more than once. We report the following findings. First, we find that product stimuli factors exert an effect on impulsive buying of fashion goods, but not of specialty goods. Second, of the two promotion stimuli factors a bonus pack and an extended payment period-the latter is shown to have a great effect. Third, in the case of price stimuli factors, concrete stimuli such as a discount range have a greater influence than abstract stimuli such as a reliable pricing. Finally, in the area of situational stimuli factors, speeches of show hosts have a bigger impact than buying situations such as limit selling. We believe that the current research provides a significant result, theoretically and practically, with respect to customers' behavior in TV home shopping. The methodological limitation involving samples and sampling method and the regional limitation make it difficult to generalize the findings. It should be worthy classifying and managing marketing stimuli. More practical research is in order.

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한국쌀시장에서 상표충성도의 선행요인에 관한 연구 (Antecedents of Brand Loyalty in South Korean Rice Market)

  • ;김경훈;김동율;문학일
    • 마케팅과학연구
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    • 제9권
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    • pp.175-188
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    • 2002
  • 본 연구의 목적은 상표충성도와 쌀상표간의 관계를 규명하기 위해 연구모델을 개발하여, 한국 쌀시장에 대해 마케팅전략을 수립하기 위한 제언을 제공하는 것이다. 연구결과가 시사하는 점은 첫째, 소비자들의 정보원천은 쌀시장에서 상표충성도와 관련이 있는 것으로 나타났으며, 둘째, 제품군에서 높은 관심을 가진 소비자들은 보다더 상표충성도가 있는 것으로 나타났고, 셋째, 구매행동의 특성과 상표충성도간에는 통계적으로 유의한 차이가 있었으며, 넷째, 인구통계학적 특성은 상표충성도간의 차이가 있는것으로 판명되었다. 마지막으로 상표충성도가 높은 사람들은 고객만족과 정의 관계가 있는 것으로 판명되었다.

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인터넷 쇼핑몰 이용고객의 관계지향성에 관한 질적 연구 (A Qualitative Study on Customer Relationship-orientation in Internet Shopping Mall)

  • 서문식;서용한
    • 마케팅과학연구
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    • 제8권
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    • pp.269-290
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    • 2001
  • 본 연구는 질적 연구를 통해 인터넷 쇼핑몰을 이용하는 고객의 행동특성과 장기지향성과 관계 단절행동 특성을 살펴보았다. 연구결과 인터넷 쇼핑몰 이용고객도 특정 쇼핑몰에 대한 장기지향성을 가지고 있음을 확인할 수 있었다. 하지만 인터넷 쇼핑몰에 대한 고객의 장기 지향성은 일반오프라인에서의 관계와는 달리 '쉽게 깨어질 수 있는 제한적 장기지향성' 이라는 특징을 지니고 있었다. 이러한 연구결과는 인터넷 고객은 여러 가지 이유로 인해 '타성적 장기지향성'을 지니고 있 음을 의미하는 것이다. 인터넷 쇼핑몰이 경쟁우위 확보를 확보하기 위해서는 고객선점이 중요하다 따라서 인터넷 마케팅 관리자는 고객과의 관계초기 단계에는 신뢰확보와 고객만족 달성에 노력하는 것뿐만 아니라 사소한 관계문제에도 세심함 배려를 통해 유대관계를 강화하는 전략이 필요하다.

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가상점포 애호도에 미치는 영향요인에 관한 연구 (A Study on the Loyalty at Virtual Shopping Mall)

  • 오상현;신봉대;심규열
    • 마케팅과학연구
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    • 제8권
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    • pp.315-339
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    • 2001
  • 본 연구는 가상환경에서 이용자 만족과 관계몰입이 가상점포 애호도에 미치는 영향과 가상점포에서 제공하는 네비게이션, 제품가치, 쇼핑경험, 고객친밀도 및 커뮤니티가 만족과 몰입에 미치는 영향에 대해 조사하였다. 실증분석 결과는 다음과 같이 요약된다. 첫째, 만족의 선행요인으로는 네비게이션, 제품가치, 쇼핑경험 및 고객친밀도로 나타났다. 둘째, 몰입의 선행요인으로는 쇼핑경험, 고객친밀도 및 커뮤니티로 나타났다. 셋째 가상점포에서 이용자들의 만족과 몰입이 호의적일수록 가상점포 애호도는 향상된다.

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Building a Sustainable Competitive Advantage for Multi-Level Marketing (MLM) Firms: An Empirical Investigation of Contributing Factors

  • Keong, Lee Siew;Dastane, Omkar
    • 유통과학연구
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    • 제17권3호
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    • pp.5-19
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    • 2019
  • Purpose - The purpose of this research is to investigate the factors contributing to sustainable competitive advantage for multi-level marketing (MLM) firms in Malaysia. The selected variables in this study are company image, product innovation, leadership, distributor rewards system and distributor training system. Research design, data, and methodology - Quantitative research method is employed with collected sample size of 398 respondents using judgmental sampling technique. Normality and reliability test were performed in the first stage utilizing SPSS 22 and Confirmatory Factory Analysis (CFA) and variance analysis were obtained in the subsequent stage, following up with the overall fit of the measurement model, Structural Equation Model (SEM) using AMOS 22 with maximum likelihood estimation to assess the internal consistency, convergent validity and discriminant validity. Results - The research findings show that company image, leadership, distributor rewards system and distributor training system were supported and are factors affecting the sustainable competitive advantage of MLM companies in Malaysia. However, in this study, product innovation was not supported but this result does not depict that it is trivial and inconsequential in maintain sustainable advantage. Conclusion - Companies can build sustainable competitive advantage by focusing on these contributing factors. Several other comments and implications were brought to light and discussed in the paper.

서비스제품 선택에서 전통적 컨조인트기법과 선택형 컨조인트기법간의 예측력 비교에 대한 연구 (A Study on the Comparison of the Predictability among Traditional and Choice-based Conjoint Analyses in the Choice of Service Products)

  • 임병훈;안광호;박운용
    • 마케팅과학연구
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    • 제16권4호
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    • pp.39-54
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    • 2006
  • 기업의 마케터들은 어느 때보다 빨라진 소비자 욕구의 변화와 경쟁제품 출시에 대응하여 신제품 성공의 확률을 극대화시키려 노력한다. 소비자의 욕구에 맞는 신제품을 개발하기 위해 활용되는 기법 중 하나가 컨조인트분석이다. 본 논문은 컨조인트기법 중 가장 널리 이용되는 전통적 컨조인트분석과 선택형 컨조인트분석의 예측력을 비교하는데 초점을 맞추었으며 그 대상으로 병원산업을 선택하였다. 모형간 예측력 비교를 위해 전통적 컴조인트분석과 선택형 컨조인트분석 중심으로 4가지 모형을 선정하였다. 분석결과, 전통적 컨조인트와 선택형 컨조인트를 결합한 혼합형 컨조인트기법의 예측력이 가장 높은 것으로 나타났으며, 각 모형에서 추정된 모수간의 일관성도 높은 것으로 나타났다.

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