스킵네비게이션

Enterprise Together with KSC

Company Overview
Operating 'Direct to Consumer' website to prx-voide our own products to customers without retailers. Also work with retailers to strengthen brand/product awareness as marketing.

Sectors

  • Retail Tech

Project Summary

  • D2C Business to provide high quality products at reasonable prices

Business Model

  • Revenue model B2C Business
  • Key Customer Females from 20's to 40's who seek reasonable consumption
Major Performance
  • Sales

    • 2019-$200K
    • 2020-$1.5M
    • 2021 1st half-$1.2M
  • Investment

    • $1.9M
    • Kakao Investment, Strong Ventures,Bon Angels
  • Employees

    • 2019-5
    • 2020-5
    • 2021-7
  • Patent

    • Trade Mark Rights(simplyO)
Overseas Expansion

Stage

Generating sales

Status

Signed Exclusive Contract with Indonesian buyer and selling on Amazon

Performance

  • Generating sales from Indonesia during last 3 quarters in a row and Amazon from May, 2021.
  • Made small but first deals from Mexico, UAE, HK.
Short-term goals in three years
  • Target annual sales is 20M USD in Korea market because we think it is a tipping point of certain level for the brand recognition and to promote a great growth in the Korean market
  • Annual sales target in the US market is 5M USD by selling on Amazon and working with retailers, then ultimately finalize D2C business set up.
  • Annual sales target in other overseas markets such as Japan and Southeast Asia is 5M USD.
Products / Services
1 2
Target Country
USA
Date of Establishment
Mar 07, 2019
  • CEO
    Jina Park
  • Founder’s Background
    • Apple Korea, Head of Sales planning and operation(2017~2019)
    • Gucci Korea, Director(2015~2017)
    • McKinsey & Company, Associate Principal(2010~2015)
    • Kellogg School of Management(2006~2008)
    • Bachelor of Economics, Seoul National University(1999~2003)