CURRENT STATE OF RETAILER SITUATION
(in Korea)
MORE THAN 1 MILLION SMALL RETAILERS CLOSE EVERY YEAR
SLOW GROWTH
Low sales and virtually No growth amongst small business owners. 80.6% of
HIGH INSOLVENCY
More than 50% of small businesses shut down within the first 3 years of operation.
KEY REASON
Problem with Operation (besides business items itself)*
-32%:
Selling Difficulty
Lack of market information
-24%:
Suitabilities of current site
Lack of relevant information
Source: Korea Merchant Market Development Agency
SOLUTION
Overall Service Concept
Use of Easy-to-Access-&-Use Information Service Channel/Method
English 
Korean