The Overseas Business Network Initiative aims to increase the range of practical, business-to-business support on the ground where businesses need support the most, starting in a number of high growths and emerging markets, including Korea. These services are provided within four areas of core support:
Local Partner Searches – identifying and validating new partners in the market
Lead Generation – identifying and validating potential buyers of a product or service
Local Entity Setup – setting up new legal entities in the market
Market Visit Support – providing comprehensive assistance for in-market meetings
Market Reports – understanding market trends and competitors, and identifying go-to-market strategies
Due Diligence – understanding the capabilities of new and existing partners in the market
Translation Service – providing professional translations of marketing material to facilitate entry into the market
Trade Mission Support – providing comprehensive assistance to organize and execute a trade missions in Korea
BangCham provides these market entry supports to its members to help them manage business and survive in the Korean business community.