Tips for Doing Business in South Korea

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Tips for Doing Business in South Korea

This October, we’re officially opening for business in South Korea! The excitement around this market launch has been incredible—South Korea has one of the top 15 economies in the world and is ranked in the top 3 for direct selling. The opportunity is immense, and we know you can’t wait to expand your business there.

While we continue preparations for our October launch, let’s take this opportunity to go over a few things that will help you hit the ground running when the big day arrives.

Learn about the market. If you haven’t already, we recommend you take a few minutes and read our South Korean Leadership Packet  (available only in English). It’s packed full of great information about the market and its consumers that will help you get a feel for doing business there. It also contains details on exciting promotions and a high-level overview of the Korean Compensation Plan. Finally, it contains cultural insights to ensure you can easily establish a connection with those who may be interested in getting started with Isagenix.

Know the differences. Each time we launch into a new market, we make sure to tailor the business and products to suit the needs of the consumers there. Whether it is a difference in product offerings or a difference in the programs we offer, keep in mind that Isagenix may operate a bit differently than it does in your current market. One key difference is with our Compensation Plan and the types of bonuses available to the Korean associates. To understand these differences, please review our Cross-Market Compensation Plan Guide (ENG, BMCHI) .

Start building excitement! If you already have family, friends, or acquaintances in South Korea, now is the time to begin reaching out to them to share your experiences with the products and the business opportunity! Just keep in mind that Korea differs from other markets, so it’s important that we’re compliant with regulations. We can’t do business in Korea yet, which means that recruiting and product sales, including shipping products from other markets, are off the table until we officially launch.

This is an incredible opportunity, and we couldn’t be more excited! For all of the latest South Korea updates, please visit IsaFYI.com/international.

2018-08-21T15:17:41+00:00 August 21st, 2018|International, News|