Korean Inc. to mix K-pop and consumer goods

2017.08.11 13:28:54 | 2017.08.11 13:36:06

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Korea International Trade Association (KITA) has teamed up with CJ Group, South Korea¡¯s food and entertainment conglomerate, to capitalize on K-pop to market Korean goods overseas.

This is the first time for the association to partner with a private firm in promoting Korean exports through entertainment, according to trade industry sources.

CJ E&M Corp., the content and media unit of CJ Group, will host the K-CON concert featuring popular Korean idol groups including Super Junior, Girl¡¯s Day and Seventeen from August 18 to 20 at Staples Center, Los Angeles.

CJ will also help KITA in opening conventions and consulting sessions for Korean exports. It will run K-CON LA Korea Zone and invite some of Korea¡¯s biggest brands in cosmetics, beauty and jewelry. About 70 small- and mid-sized local companies are expected to participate.

Promotional events targeting individual consumers will be held during the concert to take advantage of the large crowd. A meeting with business buyers will take place on August 21 after the concert.

¡°A big company hosting a large-scale promo event can draw huge interest from not only other companies but also regular consumers,¡± said a KITA official. ¡°We hope the convention can expose many people to Korean fashion, food, and beauty products so that more opportunities open up for local businesses.¡±

KITA plans to replicate this concert-and-convention export model in other countries, including Jakarta, Indonesia next month.

By Kim Jung-hwan

[¨Ï Pulse by Maeil Business Newspaper & mk.co.kr, All rights reserved]