Project Overview
The Seoul Made in New York Project is a collaborative initiative between the Seoul Business Agency and the Made in New York City brand. This project aims to bridge the cultural and commercial gap between Seoul and New York City by promoting unique products and brands from Seoul in the vibrant market of New York.
Key Participants
• Seoul Business Agency: Provides support and resources for Seoul-based businesses to expand globally.
• Made in New York City Brand: Known for promoting local New York businesses, ensuring quality and authenticity.
• PaulnJoseph LLC and StepintoCity Inc.: Responsible for project concept creation, partnership, sourcing, pop-up store planning and operation, and live commerce execution.
Project Objectives
1. Cultural Exchange: Foster a deeper cultural connection between Seoul and New York through shared business ventures.
2. Market Expansion: Provide a platform for Seoul-based businesses to enter and thrive in the New York market.
3. Brand Promotion: Highlight the quality and uniqueness of Seoul-made products in a global metropolis.
4. Economic Collaboration: Strengthen economic ties and create business opportunities between Seoul and New York City.
Key Activities
1. Project Concept Creation: Development of a unique and engaging project concept that aligns with both Seoul and New York City’s cultural and commercial values.
2. Partnership Establishment: Forming strategic partnerships between Seoul-based businesses and New York City stakeholders to facilitate smooth operations and mutual benefits.
3. Sourcing: Identifying and curating a selection of high-quality products from Seoul that resonate with the New York market.
4. Pop-Up Store Plan & Operation: Planning and executing pop-up stores in prominent New York City locations to showcase Seoul-made products and engage with the local community.
5. Live Commerce: Utilizing live commerce platforms to reach a broader audience, providing interactive and real-time shopping experiences.
Expected Outcomes
• Increased Visibility: Enhanced visibility for Seoul-based brands in the competitive New York market.
• Sales Growth: Boost in sales and market share for participating Seoul businesses.
• Cultural Awareness: Greater awareness and appreciation of Korean culture and products among New Yorkers.
• Sustainable Partnerships: Long-term, sustainable partnerships between Seoul and New York City businesses.
Conclusion
The Seoul Made in New York Project represents a significant step towards international collaboration and market expansion. By leveraging the strengths of both Seoul and New York City, this project aims to create meaningful economic and cultural connections, driving growth and innovation for all parties involved.