Amway helps Korean SMEs grow - The Korea Times

Kolmar Korea exported Sun Screener products worth more than $500,000 through Amway's networks in 2012. The skin-care product was jointly ... National Politics ForeignAffairs MulticulturalCommunity Defense Environment&Animals Law&Crime Society Health&Science Business Tech Bio Companies Finance Companies Economy Markets Opinion Editorial Columns ThoughtsoftheTimes Cartoon TodayinHistory Blogs TribuneService Blondie&Garfield LettertotheEditor Lifestyle Travel&Food Trends People&Events Books AroundTown FortuneTelling Entertainment&Arts K-pop Films Shows&Dramas Music Theater&Others Sports World SCMP Asia Video Culture People News Photos PhotoNews Darkroom SiteMap E-paper Subscribe Register LogIn SiteMap E-paper Subscribe Register LogIn Business TechBioCompanies Sun,April3,2022|17:36 AmwayhelpsKoreanSMEsgrow Posted:2013-12-15 16:21 Updated:2013-12-15 16:21 AmwayKoreaworkerscheckoutcupsmadewithenvironment-friendlymaterialsduringalauncheventfora"One-for-OneKindShop"indowntownSeoul,Sunday.Amwaydonatesalltheproceedsfromtheseshopstocharity./CourtesyofAmwayKoreaByChoiKyong-aeAmway(AmericanWay)KoreasaidSundayitwillstrengthenitspartnershipwithKoreansmall-andmid-sizedenterprises(SMEs)tocementitspresenceinAsia'sfourth-largesteconomy.Amwayhasbeenrunningthe"OneforOne"programsince1998toallowdomesticSMEstoselltheirproductsthroughtheworld'slargestdirect-sellingcompany'sglobalnetworks.Lastweek,AmwayKorealaunchedanotherprogramdubbedthe"One-for-OneKindShop"inwhichconsumersbuyenvironmentallyfriendlyproductsandAmwaydonatesalltheproceedstocharity."WewillconnectlocalSMEsandconsumerstoencouragethesalesofthoseeco-friendlyproductsofferedbytheSMEs,"AmwayKoreaChiefExecutiveParkSe-joon,saidinastatement.Thefirstproductthatwillmakeitsdebutunderthelatestone-for-oneprojectisthe"OriginalGreenCup"designedandmanufacturedbyEcojun.ThegreenproductwonthreemajordesignawardsㅡtheIFProductDesignaward,theInternationalDesignExcellenceAwardin2013andtheRedDotAwardin2012.Amway'sbusinesstiestoKoreanSMEsareinlinewiththeSeoulgovernment'seffortstohelpitsbusinessesamidtheprolongedeconomicslumpandtoallowthemtocompeteonalevelplayingfield,thestatementsaid.KoreanproductsofferedthroughAmwaydirect-sellingnetworksincludeJinmiFoods'straditionalKoreansauces,Kleannara'sdiapersandpowderedmilk,andB&F'sfruitjuice.Meanwhile,Amwaylaunchedthe"GlobalDevelopmentProject"in2010.Undertheproject,ithasbeenworkingwithlocalthink-tankstodevelopnewtechnologiesforfoodsandcosmetics,thestatementsaid."AmwayoffersR&D(researchanddevelopment)consultingservicestothethink-tanksintheproject.ItsworldwidesalesnetworkswillallowSMEseasieraccesstoglobalmarketswithnewlydevelopedproducts,"Parksaid.KolmarKoreaexportedSunScreenerproductsworthmorethan$500,000throughAmway'snetworksin2012.Theskin-careproductwasjointlydevelopedwithAmway.Genicwasanothersuccessstory,asitsCel-DermamasksheetproductwasshippedtoThailand,HongKongandTaiwan.Usingmulti-levelmarketingtechniques,thecompanyhasbeensellingavarietyofproducts,primarilyinthehealth,beautyandhomecaremarkets,sinceitsfoundationin1959inMichigan. [email protected]   KoreascrapsalmostallCOVID-19restrictions[SPECIALREPORT]KoryoinfeelathomeinGwangjuInterpretationsmixedaboutinvertedyieldcurveChina'srolecomplicatesNorthKoreandenuclearizationprocessRestaurants,cafesfacecustomercomplaintsaboutplasticcupban'DramaticchangeinKorea-JapantiesunlikelyunderYoon'RareGoryeo-eraBuddhiststatuesunearthedinNorthKoreaWhyisRussia'sinvasionofUkrainecausingroughdiamondpricestosoar?Anambassadorwhodoesn'thaveacarSsangbangwoolmovestobuySsangYongMotor K-popgroupDKZmeetswithbelatedsuccessthankstodrama'SemanticError'AhnCheol-sootovisitHYBEtodiscusswaystobolstercultureindustryTransitionteamvisitsBTSagencyJeonjufilmfestivaltoreturntonormal,highlightLeeChang-dong'sworksWillSmithresignsfromfilmacademyoverChrisRockslap Earthissuffering(Part3) It'sofficiallyspring Ukrainerefugeesfleewithpets Warisneverjustified Ukraineimposesstateofemergency CEO&Publisher:OhYoung-jin DigitalNewsEmail:[email protected] Tel:02-724-2114 OnlinenewspaperregistrationNo:서울,아52844 Dateofregistration:2020.02.05 Masthead:TheKoreaTimes Copyright©koreatimes.co.kr.Allrightsreserved. AboutUs Introduction History Location MediaKit ContactUs Products&Service Subscribe E-paper MobileService RSSService ContentSales Policy PrivacyStatement TermsofService 고충처리인 YouthProtectionPolicy CodeofEthics CopyrightPolicy FamilySite HankookIlbo DongwhaGroup