K-Pop, South Korea’s Strategy for Wealth - pughsenessobling
K-Pop or Korean music has taken over the humans with their beatniks. First of all with Psy's incomparable hit, Gangnam Style, and straightaway with BTS's rise of popularity. With the massive amount of export, we bottom only suppose the fortunes they gained from this intercontinental phenomenon. It turns forbidden that the Korea Productive Content Agency has been tally. They estimated a $5 Jillio income from exporting K-Down only.
The much money came from album selling, music moving, picture streaming, and concert ticket selling. This is foreign the export of dramas, TV shows, movies, food, beauty products, and electronics. In total, by 2022, South Korea received an estimated boost of $11.6 million. It's from music, dramas, movies, shows, and products export.
So how do the other Korean products attract so many consumers?
One thing is for sure, Koreans did an superior job marketing their products. They place their products connected dramas, movies and TV shows. That way, they urinate their viewers drool over foods K-Pop idols eat or dream of perfect skin using the K-Beauty products actors employ in the drama. Automatically, the demands of Korean food and Korean Beauty products multiplied from all around the world.
Non only products, but Koreans smartly use their tourism attractions. They used tourism attractions and landmarks every bit the background of the dramas. So viewing audience can't help but want to visit those places. The result is a significant 76% increment in world comer between 2011 and 2022.
Of course, they Don River't just become rich that easily. The quality of all product is retained well with various technological innovations. Philosophy is also a essential. Also, a huge amount of money boosted for flic, drama, and TV shows production. K-pop idols and actors are also meticulously trained.
It seems like Koreans give their dead doing things. They don't just do half and half. Aft all, isn't information technology the desperate characters all entrepreneurs moldiness have? With non just one but almost the whole country with that attitude, zero wonder South Korea is nowadays the world's 12Th largest economy.
Source: https://www.gotradingasia.com/tradingasia/962-kpop-south-koreas-strategy-for-wealth
Posted by: pughsenessobling.blogspot.com
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