Enterprise Together with KSC
simplyO
USA
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
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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
-
- jina.park@simplyo.co.kr jina.park@simplyo.co.kr
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- Website
- simplyo.com / simplyo.life simplyo.com / simplyo.life
-
- Location
- Gangnam-gu, Seoul, Korea
-
- CEO
- Jina Park
-
- Founder’s Background
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- 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)