Universal Connect, selected for the 2020
Startup Ontact Overseas Expansion Project, introduced its online marketplace
and distribution system.
Universal Connect is a company that
provides an open marketplace targeting the Southeast Asian market. It supports
online marketplaces and distribution so that wholesale and retail companies in
Korea can easily enter the Southeast Asian market.
The company staff said, "To escape
from the already saturated Korean e-commerce market, we have decided to go for
the Southeast Asian market which has a high annual average growth rate of 30%
or more, and we have launched the KLONECT service in August this year in
Singapore, our primary target country"
Regarding the system features, she said, "The company provides the information for social media and trend. We upload various styles of influencers and celebrities' Instagram styles and recommend products that fit the style. Anyone can register photos on the social media upon request from the administrator, and the number of followers can be increased through the KLONECT website. We also provide the data analysis information. By analyzing consumer purchase history, we are providing them to be used for product production and marketing for next year."
Next, regarding the opportunity to participate in the 2020 Startup Ontact Overseas Expansion Project, she said, "We participated to find various partners in Southeast Asia to get opportunities for collaboration and investment. Indonesia is our second target country. We are looking for a responsible partner who can do business operations such as logistics and distribution in the target country so that we can expand to the second country."
2020 Startup Ontact Overseas Expansion
Project is a program designed to enable startups in the province that have
become stagnant due to COVID-19 to pioneer overseas markets by ontact, Active
support is being made through business cooperation between the Gyeonggi
Contents Agency Pangyo G-HUB specializing in supporting content startups and
KOTRA with its connection to overseas buyers, investors, and infrastructure.