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Global flavors in Korea - how to enter the South Korean food & beverage market most effectively

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Detalhes bibliográficos
Resumo:This work project establishes guidelines for foreign food & beverage companies on how to enter the South Korean market with respect to the most suitable mode of entry and effective marketing mix. The study derives its recommendation by utilizing mixed-methods research approach with experts’ interviews, macroeconomic analysis, and case studies of past entries of foreign companies. The key recommendations are to enter the market by partnering up with a local party and localizing its product offering and operation by tailoring it to the South Korean taste. Doing so the study provides practical insights for prospective mangers.
Autores principais:Husseinifard, Sherwin
Assunto:South Korea Food & beverage Marketing Internationalization CEMS MIM
Ano:2023
País:Portugal
Tipo de documento:dissertação de mestrado
Tipo de acesso:acesso embargado
Instituição associada:Universidade Nova de Lisboa
Idioma:inglês
Origem:Repositório Institucional da UNL
Descrição
Resumo:This work project establishes guidelines for foreign food & beverage companies on how to enter the South Korean market with respect to the most suitable mode of entry and effective marketing mix. The study derives its recommendation by utilizing mixed-methods research approach with experts’ interviews, macroeconomic analysis, and case studies of past entries of foreign companies. The key recommendations are to enter the market by partnering up with a local party and localizing its product offering and operation by tailoring it to the South Korean taste. Doing so the study provides practical insights for prospective mangers.