Would you agree that it's hard for a foreign brand to enter the South Korean market? Why do you think so?
yes, i agree because their marketing level is so developed that they don’t need foreign brands.
because every country has its best brand to use and it would be new to the market
yes, because it's so aesthetic.
koreans are not likely to try something new; they choose something that is already popular in society or among their friends.
yes, because koreans only trust their own country's products and well-known and established brands.
they have their own style and share of trends that is hard to change or overthrow. however, you can try to fit in by creating products that are relevant and eye-catching.
agree
yes, because korean marked brands are huge in themselves.
it's easy because most people choose cheaper products and would like to get them from the "western world."
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don't know
i wouldn't think so, because south korea has been a democratic capitalist country since the 1950s, while also having a large population in a very small area, making it the perfect target for foreign investors and corporations.
it really depends on the region where that foreign brand is located. it's obvious that east asian countries have much more opportunities to enter the south korean market because of cultural similarities than the western ones. however, i think that south korea has really strong local brands, so it's hard even for other east asian brands to enter the market.
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to me, it seems that well-known brands are popular in south korea, which means that it depends on the brand itself whether it will enter the south korean market or not.
yes, because south korea already has a huge market and its own brands, so there is a lot of competition.
i would agree.
yes
i think yes, because they have different strategies than foreign countries.
d.k
no, because south korea is open to innovation.
n/a
i think it is hard for foreign brands because their products are based on their culture. people in korea probably won't appreciate some other culture.
yes, because they have already established their brands and consumers have gotten used to that.