{"id":10882,"date":"2017-11-30T08:40:21","date_gmt":"2017-11-30T01:40:21","guid":{"rendered":"http:\/\/yup.edu.vn\/?p=10882"},"modified":"2017-11-30T08:40:21","modified_gmt":"2017-11-30T01:40:21","slug":"lam-thuong-mai-dien-tu-khong-ra-noi-mot-dong-vo-xui-di-ban-kim-chi-lai-thu-ve-ca-trieu-usd","status":"publish","type":"post","link":"https:\/\/yup.edu.vn\/en\/lam-thuong-mai-dien-tu-khong-ra-noi-mot-dong-vo-xui-di-ban-kim-chi-lai-thu-ve-ca-trieu-usd\/","title":{"rendered":"Unable to earn a single \u0111\u1ed3ng in e-commerce, he followed his wife's \u2018urging\u2019 to sell kimchi and brought in millions of USD!"},"content":{"rendered":"<h2 class=\"sapo\" style=\"text-align: justify;\"><strong><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Supporting a team working in advertising and Ecommerce, Kim Tae Kon\u2019s group worked continuously for 6 months without earning any money. Meanwhile, the kimchi\u2014a staple of every Korean meal\u2014that Kim brought along was \u2018devoured\u2019 by the youngsters on the team, so he constantly had to make a new batch. \u2018Why don\u2019t we sell kimchi to support the team first, then pursue that other business later?\u2019 his wife suggested.<\/span><\/strong><\/h2>\n<p><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/cafebiz.cafebizcdn.vn\/thumb_w\/600\/2017\/lam-thuong-mai-dien-tu-khong-ra-1-dong-vo-xui-di-ban-kim-chi-lai-thu-ve-vai-trieu-usd-1511949004894-crop-1511949011205.jpg\" alt=\"Unable to earn a single \u0111\u1ed3ng in e-commerce, he followed his wife&apos;s \u2018urging\u2019 to sell kimchi and brought in millions of USD!\" \/><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">This is the story of how the \u00d4ng Kim\u2019s Kimchi brand began.<\/span><\/p>\n<p style=\"text-align: justify;\"><span class=\"IMSNoChangeStyle\" style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><strong>\u201cI work in advertising and e-commerce and do all kinds of things\u2014then suddenly I am told to sell kimchi?\u201d<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Kim Tae Kon is a Korean entrepreneur who came to Vietnam in the 90s, fell in love with the country and decided to establish his career there. He chose advertising and e-commerce.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Wherever they go, Koreans always bring kimchi, an essential part of their meals. Mr. Kim is no exception. When he formed his team, he invited employees to eat with him at every meal, so the kimchi ran out quickly.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Craving it so much, he asked his wife, Nguy\u1ec5n Th\u1ecb Kim H\u1ea1nh, to buy ingredients so he could make kimchi.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">\u201cWhen buying ingredients, I saw kimchi and thought it resembled Vietnamese pickled vegetables, yet its ingredients included nearly 20 kinds of vegetables, roots and fruits. They were all like Vietnamese medicinal herbs, including various onions, chives and many vegetables I did not recognize.\u201d<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">\u2018Napa cabbage is the main ingredient, but the paste spread over the kimchi contains more than a dozen pur\u00e9ed vegetables, including chili peppers. The peppers must be imported from South Korea because Korean peppers are not hot, so there is no question of adding artificial coloring here. Real peppers are used in large quantities, with the seeds removed,\u2019 Ms. H\u1ea1nh shared during a recent talk.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Watching her husband\u2019s team eat, H\u1ea1nh wondered: \u201cWhy do Vietnamese people like kimchi so much? Meanwhile, this man has supported his team for 6 months without earning anything\u2026\u201d<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><i>\u201cWhat if we sell kimchi to support the team first, and pursue the other business later?\u201d<\/i>, she suggested to her husband.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><i>\u201cSell kimchi? I\u2019m working in advertising and e-commerce, doing all sorts of things, and suddenly you\u2019re telling me to sell kimchi?\u201d<\/i><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><i>\u201cFor the past few months, I have seen you doing nothing but raising the kids. It is time to use your side job to support your main one.\u201d<\/i>, Ms. H\u1ea1nh advised.<\/span><\/p>\n<p style=\"text-align: justify;\"><span class=\"IMSNoChangeStyle\" style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><strong>Giving up an MBA in the United States to stay in Vietnam and sell kimchi for her husband<\/strong><\/span><\/p>\n<div class=\"VCSortableInPreviewMode IMSCurrentEditorEditObject\" style=\"text-align: justify;\">\n<div><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><img decoding=\"async\" id=\"img_ae1384c0-d4ea-11e7-b7aa-bbceadf1326b\" class=\"aligncenter\" src=\"https:\/\/cafebiz.cafebizcdn.vn\/thumb_w\/640\/2017\/lam-thuong-mai-dien-tu-khong-ra-1-dong-vo-xui-di-ban-kim-chi-lai-thu-ve-vai-trieu-usd-1-1511949004896.jpg\" alt=\"Ms. Nguy\u1ec5n Th\u1ecb Kim H\u1ea1nh. Photo: Ph\u1ee5 n\u1eef Ng\u00e0y nay.\" data-original=\"https:\/\/cafebiz.cafebizcdn.vn\/2017\/lam-thuong-mai-dien-tu-khong-ra-1-dong-vo-xui-di-ban-kim-chi-lai-thu-ve-vai-trieu-usd-1-1511949004896.jpg\" \/><\/span><\/div>\n<div class=\"PhotoCMS_Caption\">\n<p style=\"text-align: center;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Ms. Nguy\u1ec5n Th\u1ecb Kim H\u1ea1nh. Photo: Ph\u1ee5 n\u1eef Ng\u00e0y nay.<\/span><\/p>\n<\/div>\n<\/div>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Ms. H\u1ea1nh analyzed: In terms of market potential, Vietnam has 90 million people. Even just within Mr. Kim's team, ask 10 employees and 9 are addicted to kimchi, rather than simply liking it. The kimchi made to feed the youngsters disappears in no time.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">\u2018It is a market of 90 million people. I will quit my job to work on this project for you,\u2019 Ms. H\u1ea1nh declared. At the time, she was preparing to study for an MBA in the United States.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><strong>She hid it from her family and abandoned her plans to study for an MBA in the United States. In the evenings, instead of attending extra classes, she went to Mr. Kim's place, bought vegetables, and researched kimchi recipes with her husband.<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">The two spent 4 months researching which Vietnamese ingredients would suit both Korean kimchi and Vietnamese tastes.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">\u201cHe was lucky I was a Vietnamese woman who understood the flavors Vietnamese people like. If we had been 2 Koreans or 2 Vietnamese, it might not have worked. So I think there was some destiny involved. And \u00d4ng Kim\u2019s Kimchi was born,\u201d H\u1ea1nh said with a smile.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\">Founded in 2004, \u00d4ng Kim\u2019s Kimchi was sold in 2015 to\u00a0<span style=\"color: #000000;\">CJ\u00a0<\/span>for a few million USD. This deal took 5 years; according to Ms. H\u1ea1nh, CJ \u201cwooed and courted in every possible way\u201d from 2010 until it was finalized in 2015.<\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><strong>Collected.<\/strong><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><a href=\"http:\/\/yup.edu.vn\/en\/article\/\">&gt;&gt; Great Articles on Entrepreneurship<\/a><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><a href=\"http:\/\/yup.edu.vn\/en\/x-startup\/\">&gt;&gt; Business Startup Course<\/a><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><a href=\"http:\/\/yup.edu.vn\/en\/kich-hoat-nang-luong-thanh-cong\/\">&gt;&gt; Success Energy Activation Course<\/a><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><a href=\"http:\/\/yup.edu.vn\/en\/ceo-coach-chuong-trinh-tu-van-kinh-doanh\/\">&gt;&gt; Business Consulting Program<\/a><\/span><\/p>\n<p style=\"text-align: justify;\"><span style=\"font-family: 'times new roman', times, serif; font-size: 14pt;\"><a href=\"http:\/\/yup.edu.vn\/en\/x-startup\/\">&gt;&gt; LEARN TO START A BUSINESS<\/a><\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>Nu\u00f4i team l\u00e0m qu\u1ea3ng c\u00e1o v\u00e0 Ecommerce, nh\u01b0ng nh\u00f3m c\u1ee7a \u00f4ng Kim Tae Kon l\u00e0m vi\u1ec7c li\u00ean t\u1ee5c trong 6 th\u00e1ng v\u1eabn ch\u01b0a ra \u0111\u1ed3ng n\u00e0o. Trong khi \u0111\u00f3, kim chi \u2013 m\u00f3n \u0103n kh\u00f4ng th\u1ec3 thi\u1ebfu trong m\u1ed7i b\u1eefa \u0103n c\u1ee7a ng\u01b0\u1eddi H\u00e0n Qu\u1ed1c m\u00e0 \u00f4ng Kim mang theo \u2013 \u201cb\u1ecb\u201d t\u1ee5i nh\u1ecf trong [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":10883,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[134],"tags":[],"class_list":["post-10882","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-article"],"_links":{"self":[{"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/posts\/10882","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/comments?post=10882"}],"version-history":[{"count":1,"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/posts\/10882\/revisions"}],"predecessor-version":[{"id":10884,"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/posts\/10882\/revisions\/10884"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/media\/10883"}],"wp:attachment":[{"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/media?parent=10882"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/categories?post=10882"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yup.edu.vn\/en\/wp-json\/wp\/v2\/tags?post=10882"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}