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ONEPERCENT STORE
     S E O U L




                     ONEPERCENT STORE HeadOffice
                          SEOCHO-GU BANPO-DONG 66-1
                   COWELL-BUILDING B1 103 SEOUL, KOREA
                         t +82 10 8120 0210 , +82 10 8839 9051
                                      www.onepercentstore.kr
                                    admin@onepercentstore.kr
GREETING
           WHO WE ARE
           DEMAND & MARKET
           WHY YOU

CONTENTS   MARKETING & PARTNERSHIP
           CLOSING
GREETING
                                                                                       03 ONEPERCENT STORE
                                                                                                 PROPOSAL




                                                                         Dear the parties at Edun.

First of all we want to say sorry that we could not see you in person and hand this letter directly.
   We are far away from you guys but we feel like you are so close to me. We are two young men
    from Seoul Korea and in the process of starting up a business with fair trade and eco friendly
products. Our business name is Onepercent Store and planning to open up an online select shop
   and an offline pop up store. This letter is for asking Edun about supplying your products to us
  and possibly long term partnership with our business. In this proposal I attached introduction
 explaining who we really are, why we chose Edun, analysis of current market situation in Korea
                                                   and how we are going to approach to the market.

                                                                                  Best regards
                                                                          ONEPERCENT STORE
WHO WE ARE
                                                                                         04 ONEPERCENT STORE
                                                                                                   PROPOSAL




                                                   O   nepercent Store is an online select shop with
                                                       products that carry messages promoting
                                                   societal values. We’re highly selective in
                                                   choosing our products and only provide fair trade,
                                                   eco-friendly, or organic products of high quality.
ONEPERCENT STORE
                                                   Instead of highlighting“who”made the product,
                S E O U L                          we draw attention to the“why”and“how”each
                                                   product was made.
                                                   Focusing on the unique‘story’behind the
                                                   individual product, we deliver positive messages
                                                   and promote ethical, healthy consumerism to our

ONEPERCENT STORE
                                                   customers.

                                                   “Your right choice makes a better world.”
ECO, ORGANIC, ETHICAL, FAIRTRADE, THE RIGHT-IDEA   We introduce brands from all over the world that
                                                   have pure values and right reasons .
                                                   All of our products follow a clean, safe, and
                                                   transparent manufacturing process and are
                                                   offered at a reasonable price due to fair trade.
DEMAND & MARKET
                                                                                                05 ONEPERCENT STORE
                                                                                                          PROPOSAL




T    here have been several fair trade clothing
     companies and eco friendly product online/
offline shops in Korea. Except organic food shops
                                                       F   irst of all and most importantly unattractive de-
                                                           signs. I could see some designs are very functional
                                                       but they were simply ugly. Especially clothing. Cloth-
and companies every other companies has failed         ing buyers in these days are very sensitive to trend
to make commercial profit which ultimately led         and designs. If the company cannot satisfy this basic
them to fail benefiting fair trade workers and eco     need the products would not be selling no matter
friendly industries. That is why not many people       how good the purpose that the products have.
are aware of the existence of fair trade products      The common image of fair trade clothing to Korean
even though they have been around in market            public masses is very ethnic design oriented (because
for years.                                             many of them are designed and produced by same
I was thinking what’s wrong with their products?       people) and far away from todays trend. I want to
Why don’t people buy quality products with             prove and reintroduce that fair trade clothes also can
good purposes? So I went through all of their          be very fashionable and trendy.
websites, all the pictures of their products. Then I
found following problems.
1. Lack of trend, ugly designs:                        S  econd unattractive website. Looking through
                                                          almost all of the Korean fair trade websites I
                                                       hardly found one attractive website. Their poor photo
   too much ethnic oriented
2. Unattractive website, lack of story telling         displays and ugly web designs just make people
3. Lack of marketing                                   including me do not want to buy anything from there.
4. (Mis-)Target market:
   should have targeted high end market first and
   set them as an example so the general public can
   follow them.
DEMAND & MARKET
                                                                                                 06 ONEPERCENT STORE
                                                                                                           PROPOSAL




I  mentioned about story telling up on the prob-
   lem list but actually most of fair trade websites
 have their stories behind the products which I like
 but the problem is the stories are not displayed
 in a right way. To appeal the readers they should
 have done better job on web page designing and
 making a good commodity with products and the          Conclusion
 stories. It should make costumers feel like they are
 reading a magazine with high definition pictures       Anyway our ultimate goal is to popularize these
 and well designed outline. That way their stories      fair trade and eco friendly products. But through
 that contain good purpose and positive message         our research we had to admit that those products
 can appeal better to the masses.                       are not cheap which is hard to appeal to the mass.
                                                        Then whom should we target for? People who are
 We believe if there is a new message and need to       willing to participate this movement, people who
 be spread through marketing, the target market         can afford these products. We designed the most
 should be upper class. We believe upper class is       effective marketing model for fair trade and eco
 more open to new products because typically they       friendly products that can appeal to the people
 are more likely to find and put meaning to their       and Edun fits perfectly to our plan considering the
 action and they are more likely spending.              brand’s characteristics and designing. More details
 Especially in Korea trend is usually set by upper      about marketing methods will be explained
 class.                                                 at marketing section.
How Edun and Onepercent can work together
WHY EDUN                                                                                          07 ONEPERCENT STORE
                                                                                                            PROPOSAL




                                            W       e believe that Edun and Onepercent store make such a good har-
                                                    mony. We knew Edun’s movement from the beginning when Ali
                                            and Bono launched this brand and watch how the brand grew since then.
                                            When we actually saw the products in person at Corscomo (one of the
                                            retailers of Edun in Korea) in Seoul we instantly knew that this is our
                                            product. The first reason we want to carry Edun in our store is we aim
                                            very fashionable and trendy designs. Looking through Edun’s collection
                                            we fell in love with Sharon Wauchob’s work. We want to let the whole
                                            Edun’s design team that they have done a great job and hope they will
                                            continue to create beautiful designs.
                                            Sustainability and fair trade. Those are the two keywords when we think
                                            about the brand Edun. That is the second reason why we want to have
                                            Edun’s products in our store because they are the exact values that we
                                            want to pursue.
MARKETING & PARTNERSHIP
                                                                                                  08 ONEPERCENT STORE
                                                                                                            PROPOSAL




                                                               ONEPERCENT STORE
                                                                      S E O U L




                                   Partnership                             Partnership


                                                 ETHICAL CONSUMER MARKET

                                                     GENERAL PUBLIC

                                                    HIGHEND MARKET

Social Network (BTL) Marketing                                                           Offline Marketing
- Facebook                                                                               - Pop-up Store
- Twitter (Total 8,000 followers)
- Blog (Over average 3,000 visitors per day)                                             Celebrity Marketing
                                                                                         - Top celebrity connection
Party Host
- Club Eden (Monthly Party Hosting, Over                                                 Media Exposure
average 10,000 visitors)
                                                                                         Designer, Artist Collaboration
MARKETING & PARTNERSHIP
                                                                                                  09 ONEPERCENT STORE
                                                                                                            PROPOSAL




                                                          WWW.CULTUREANDPEOPLE.COM

                                                          WWW.VIRUSPARTY.COM




  W      e already have partnerships with two companies to promote our products and Edun. One of our
         partners called CNP (Culture and People) is a cultural contents consultant group. They have a
  power blog that has over 3000 visitors per day. We already got a promise from them that they will write
  a blog entry introducing Onepercent Store and our products including Edun. (we can have them write
  a separate entry just for Edun if it’s necessary). They also host a party monthly at club Eden (one of the
  biggest and most popular clubs in Seoul) that they are willing to help us to have a store launching (plus
  brand promotion) party. When they host a party at club Eden they have over 1000 guests average.
MARKETING & PARTNERSHIP
                                                                                                       10 ONEPERCENT STORE
                                                                                                                 PROPOSAL




                                                                       WWW.JENESAISQUOI.KR




J  e ne sais quoi is another partner. Je ne sais quoi is a luxury brands boutique located in Seoul. They carry brands
   like Balmain, Balenciaga, Chanel, Hysteric Glamour, Bell&Ross and so on. The main marketing method they
are doing is celebrity marketing. Lots of celebrities shop at Je ne sais quoi first because they like je ne sais quoi’s
selection and the management team at the shop has personal connections to many celebrities. When we show
them our catalogues, the products we will carry, they gladly accepted partnership with us and promised to make
a section for Onepercent store in their shop (shop in shop concept). We also think about open a pop-up store
collaborating with Je Ne Sais Quoi. We think this place (either shop in shop or pop up store) is the most suitable
space to advertise and display high-end clothing like Edun. Several major fashion magazines like Vogue Korea
have interviewed je ne sais quoi. So we also expect media exposure through partnership with this boutique.
MARKETING & PARTNERSHIP
                                      11 ONEPERCENT STORE
                                                PROPOSAL




                          Pictures of JE NE SAIS QUOI
CLOSING
                                                 12 ONEPERCENT STORE
                                                           PROPOSAL




          E   dun is a fair trade, eco friendly brand but at the
              same time Edun is very high-end luxury brand.
          Because of its uniqueness we think we need various of
          marketing approach. We will use SNS and social mar-
          keting through influential blogs and hosting a party
          to spread Edun’s story and value as well as our store.
          At the same time we will market high-end group
          through luxury boutique like Je ne sais quoi where
          trendy people and celebrities gather. We think those
          upscale people are actually more open to new ideas
          and good purposes so this collaboration will create
          good synergy.

          This proposal explained why we want to carry Edun
          and why Edun can suite to our store so far. We also
          explained how we are going to approach to the target
          market and marketing methods. If you need further
          information about our partnerships or us please let us
          know. Thank you for your time.

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Edun Proposal

  • 1. ONEPERCENT STORE S E O U L ONEPERCENT STORE HeadOffice SEOCHO-GU BANPO-DONG 66-1 COWELL-BUILDING B1 103 SEOUL, KOREA t +82 10 8120 0210 , +82 10 8839 9051 www.onepercentstore.kr admin@onepercentstore.kr
  • 2. GREETING WHO WE ARE DEMAND & MARKET WHY YOU CONTENTS MARKETING & PARTNERSHIP CLOSING
  • 3. GREETING 03 ONEPERCENT STORE PROPOSAL Dear the parties at Edun. First of all we want to say sorry that we could not see you in person and hand this letter directly. We are far away from you guys but we feel like you are so close to me. We are two young men from Seoul Korea and in the process of starting up a business with fair trade and eco friendly products. Our business name is Onepercent Store and planning to open up an online select shop and an offline pop up store. This letter is for asking Edun about supplying your products to us and possibly long term partnership with our business. In this proposal I attached introduction explaining who we really are, why we chose Edun, analysis of current market situation in Korea and how we are going to approach to the market. Best regards ONEPERCENT STORE
  • 4. WHO WE ARE 04 ONEPERCENT STORE PROPOSAL O nepercent Store is an online select shop with products that carry messages promoting societal values. We’re highly selective in choosing our products and only provide fair trade, eco-friendly, or organic products of high quality. ONEPERCENT STORE Instead of highlighting“who”made the product, S E O U L we draw attention to the“why”and“how”each product was made. Focusing on the unique‘story’behind the individual product, we deliver positive messages and promote ethical, healthy consumerism to our ONEPERCENT STORE customers. “Your right choice makes a better world.” ECO, ORGANIC, ETHICAL, FAIRTRADE, THE RIGHT-IDEA We introduce brands from all over the world that have pure values and right reasons . All of our products follow a clean, safe, and transparent manufacturing process and are offered at a reasonable price due to fair trade.
  • 5. DEMAND & MARKET 05 ONEPERCENT STORE PROPOSAL T here have been several fair trade clothing companies and eco friendly product online/ offline shops in Korea. Except organic food shops F irst of all and most importantly unattractive de- signs. I could see some designs are very functional but they were simply ugly. Especially clothing. Cloth- and companies every other companies has failed ing buyers in these days are very sensitive to trend to make commercial profit which ultimately led and designs. If the company cannot satisfy this basic them to fail benefiting fair trade workers and eco need the products would not be selling no matter friendly industries. That is why not many people how good the purpose that the products have. are aware of the existence of fair trade products The common image of fair trade clothing to Korean even though they have been around in market public masses is very ethnic design oriented (because for years. many of them are designed and produced by same I was thinking what’s wrong with their products? people) and far away from todays trend. I want to Why don’t people buy quality products with prove and reintroduce that fair trade clothes also can good purposes? So I went through all of their be very fashionable and trendy. websites, all the pictures of their products. Then I found following problems. 1. Lack of trend, ugly designs: S econd unattractive website. Looking through almost all of the Korean fair trade websites I hardly found one attractive website. Their poor photo too much ethnic oriented 2. Unattractive website, lack of story telling displays and ugly web designs just make people 3. Lack of marketing including me do not want to buy anything from there. 4. (Mis-)Target market: should have targeted high end market first and set them as an example so the general public can follow them.
  • 6. DEMAND & MARKET 06 ONEPERCENT STORE PROPOSAL I mentioned about story telling up on the prob- lem list but actually most of fair trade websites have their stories behind the products which I like but the problem is the stories are not displayed in a right way. To appeal the readers they should have done better job on web page designing and making a good commodity with products and the Conclusion stories. It should make costumers feel like they are reading a magazine with high definition pictures Anyway our ultimate goal is to popularize these and well designed outline. That way their stories fair trade and eco friendly products. But through that contain good purpose and positive message our research we had to admit that those products can appeal better to the masses. are not cheap which is hard to appeal to the mass. Then whom should we target for? People who are We believe if there is a new message and need to willing to participate this movement, people who be spread through marketing, the target market can afford these products. We designed the most should be upper class. We believe upper class is effective marketing model for fair trade and eco more open to new products because typically they friendly products that can appeal to the people are more likely to find and put meaning to their and Edun fits perfectly to our plan considering the action and they are more likely spending. brand’s characteristics and designing. More details Especially in Korea trend is usually set by upper about marketing methods will be explained class. at marketing section.
  • 7. How Edun and Onepercent can work together WHY EDUN 07 ONEPERCENT STORE PROPOSAL W e believe that Edun and Onepercent store make such a good har- mony. We knew Edun’s movement from the beginning when Ali and Bono launched this brand and watch how the brand grew since then. When we actually saw the products in person at Corscomo (one of the retailers of Edun in Korea) in Seoul we instantly knew that this is our product. The first reason we want to carry Edun in our store is we aim very fashionable and trendy designs. Looking through Edun’s collection we fell in love with Sharon Wauchob’s work. We want to let the whole Edun’s design team that they have done a great job and hope they will continue to create beautiful designs. Sustainability and fair trade. Those are the two keywords when we think about the brand Edun. That is the second reason why we want to have Edun’s products in our store because they are the exact values that we want to pursue.
  • 8. MARKETING & PARTNERSHIP 08 ONEPERCENT STORE PROPOSAL ONEPERCENT STORE S E O U L Partnership Partnership ETHICAL CONSUMER MARKET GENERAL PUBLIC HIGHEND MARKET Social Network (BTL) Marketing Offline Marketing - Facebook - Pop-up Store - Twitter (Total 8,000 followers) - Blog (Over average 3,000 visitors per day) Celebrity Marketing - Top celebrity connection Party Host - Club Eden (Monthly Party Hosting, Over Media Exposure average 10,000 visitors) Designer, Artist Collaboration
  • 9. MARKETING & PARTNERSHIP 09 ONEPERCENT STORE PROPOSAL WWW.CULTUREANDPEOPLE.COM WWW.VIRUSPARTY.COM W e already have partnerships with two companies to promote our products and Edun. One of our partners called CNP (Culture and People) is a cultural contents consultant group. They have a power blog that has over 3000 visitors per day. We already got a promise from them that they will write a blog entry introducing Onepercent Store and our products including Edun. (we can have them write a separate entry just for Edun if it’s necessary). They also host a party monthly at club Eden (one of the biggest and most popular clubs in Seoul) that they are willing to help us to have a store launching (plus brand promotion) party. When they host a party at club Eden they have over 1000 guests average.
  • 10. MARKETING & PARTNERSHIP 10 ONEPERCENT STORE PROPOSAL WWW.JENESAISQUOI.KR J e ne sais quoi is another partner. Je ne sais quoi is a luxury brands boutique located in Seoul. They carry brands like Balmain, Balenciaga, Chanel, Hysteric Glamour, Bell&Ross and so on. The main marketing method they are doing is celebrity marketing. Lots of celebrities shop at Je ne sais quoi first because they like je ne sais quoi’s selection and the management team at the shop has personal connections to many celebrities. When we show them our catalogues, the products we will carry, they gladly accepted partnership with us and promised to make a section for Onepercent store in their shop (shop in shop concept). We also think about open a pop-up store collaborating with Je Ne Sais Quoi. We think this place (either shop in shop or pop up store) is the most suitable space to advertise and display high-end clothing like Edun. Several major fashion magazines like Vogue Korea have interviewed je ne sais quoi. So we also expect media exposure through partnership with this boutique.
  • 11. MARKETING & PARTNERSHIP 11 ONEPERCENT STORE PROPOSAL Pictures of JE NE SAIS QUOI
  • 12. CLOSING 12 ONEPERCENT STORE PROPOSAL E dun is a fair trade, eco friendly brand but at the same time Edun is very high-end luxury brand. Because of its uniqueness we think we need various of marketing approach. We will use SNS and social mar- keting through influential blogs and hosting a party to spread Edun’s story and value as well as our store. At the same time we will market high-end group through luxury boutique like Je ne sais quoi where trendy people and celebrities gather. We think those upscale people are actually more open to new ideas and good purposes so this collaboration will create good synergy. This proposal explained why we want to carry Edun and why Edun can suite to our store so far. We also explained how we are going to approach to the target market and marketing methods. If you need further information about our partnerships or us please let us know. Thank you for your time.