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Online market-penetration strategies of Josefinas to South Korea
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Josefinas is a luxury brand that sells online globally since its inception. The purpose of this project is to develop online market-penetration strategies for Josefinas to increase sales and brand awareness in the South Korean market. An internal analysis was developed to assess the competitive potential of the firm’s resources and capabilities, and the firm’s internal strengths and weaknesses. An analysis of the market was also performed to understand the external factors that directly affect the company as a market player. Finally, this project suggests different market-penetration strategies for the company to meet its business goals.
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Josefinas Market penetration E-commerce Luxury Footwear