Show notes
Join us as we bring together a group of innovative Amazon sellers from South Korea who share their unique insights and strategies in e-commerce. We introduce James Park, making his debut on an English podcast, who takes us through his fascinating journey from studying food science engineering in Korea and biology in Germany to working in the cosmetics industry. His story unfolds with a transition from traditional employment to launching his own e-commerce business, inspired by watching our other guest, Bopyo Park, on YouTube.Our conversation continues with an exploration of the Seller Kingdom community, a dedicated space for Korean Amazon sellers. We dive into current trends among Korean sellers, such as the increasing preference for sourcing K-beauty and K-food products from Korea. Additionally, we highlight the Korean e-commerce landscape, mentioning platforms like Coupang and Naver Smart Store, which offer promising opportunities for third-party sellers. We also consider the potential and challenges for foreign sellers looking to enter the Korean market, emphasizing cultural differences and pricing strategies. Finally, we explore advanced marketing strategies for Amazon sellers, focusing on optimizing PPC campaigns and enhancing product listings. We discuss the importance of auditing accounts, understanding market trends, and leveraging tools like Helium 10 for deeper insights. Unique approaches such as using search term reports and Google trends to inform listing updates are highlighted. We also introduce the Seller Kingdom Seoul Conference, an event aimed at connecting Amazon service providers with Korean sellers. The episode wraps up with a casual conversation about favorite Korean dramas and recommendations, providing a light-hearted end to a content-rich discussion. In episode 574 of the Serious Sellers Podcast, Bradley, Bopyo, and James discuss: 00:00 - Amazon Sellers From South Korea 00:12 - Helium 10 Chrome Extension Demand Analyzer 04:41 - Career Aspirations and Education Paths 07:44 - Korean Amazon Sellers and E-Commerce Growth 13:41 - Finding Korean Amazon Seller Partners 16:54 - Innovative Marketing Strategies for Amazon Sellers 19:11 - Utilizing Trends for Business Growth 24:39 - Amazon PPC and AI Strategies for Amazon Sellers 30:13 - Korean Ramen and Silicone Manufacturing 35:54 - K-Drama Discussion with Bradley and Guests Transcript Bradley Sutton: Today we've got a couple sellers from Korea who are going to talk about a wide range of topics, including what you can look at manufacturing in Korea, Korean marketplaces that you can sell on, and some general PPC and AI strategies for Amazon sellers. How cool is that? Pretty cool, I think. Are you browsing a Shopify, Walmart, ETSY, Alibaba or Pinterest page and maybe you see a cool product that you want to get some more data on. Well, while you're on those pages. You can actually use the Helium 10 Chrome extension demand analyzer to get instant data about what's happening on Amazon for those keywords on these other websites. Or maybe you want to then follow up and get an actual supplier quote from a company on Alibaba.com in order to see if you can get this product produced. You can do that also with the Helium 10 Demand Analyzer. Both of these are part of the Helium 10 Chrome extension, which you can download for free at h10.me/extension. Hello everybody and welcome to another episode of the series sellers podcast by Helium 10. I'm your host Bradley Sutton and this is the show that's completely BS free unscripted and unrehearsed. Organic conversation about serious strategies for serious sellers of any level in the e -commerce world. And we are going to a couple parts of the world. I believe one of our guests is in New York and then we've got another guest in six o'clock in the morning on the other side of the world in Korea, Bopyo James. It's been a while. Bopyo: What’s up Bradley? Bradley Sutton: Hello, welcome, welcome. Now, this is James'. First ever English podcast and he's a little bit nervous, so I like to pick on our guests who are nervous, but there's no reason to be nervous, James. Your English is great and I know you have a lot of knowledge to share with us as well, so it's good to have you both on. Now Bopyo has been on our podcast before. If anybody wants to get a little bit more of his background, go back to episode 429 and you can learn a little bit about Bopyo's background, and he talked a lot about ChatGPT and it's actually funny in that episode some of the things that he mentioned. He would like Helium 10 to have for leveraging AI we actually already have now. So that was kind of a cool episode, so make sure to check that out now. Let's keep with James first, since this is James first time we need to get your background, James, so what city were you born and raised in Korea? James: My city is located in the Uiwang city. And then my town is two hours far from Seoul. Bradley Sutton: Where did you go to university? James: University is Kyunggi University. It's located in Suwon. And then I had experience in living in Germany, had to exchange student and then came back to South Korea and then got a job. Bradley Sutton: What were you studying, both in Korea in Suwon there and also Germany? What was your main focus of study? James: My focus. In South Korea I focused on this. My major was food science engineering, and in Germany I took a lecture regarding biology. Bradley Sutton: Interesting and now you're in the e-commerce world, so almost completely different than what you studied. Now, as Bopyo knows, and you know too about me, I watch just tons of Korean drama. You know, I'm even wearing my reply 1988 shirt right here, I'm wearing my kimchi hat here. But anyways, in Korean drama something that I learn a lot about Korean culture, in Korean drama, sometimes I'm not sure how much is fake and how much is real, but one thing I've learned is it seems like for high school or whatever you call your secondary school parents really like there's a lot of pressure to try and go to like really prestigious universities, and then the parents make you go to like the after-school studies and just like everything is about making a high score so you can qualify. Is that what happened to you, James? Or do you just do whatever you wanted? James: Actually, I did whatever I want. However, in high school. So, I studied like other high school students. I woke up like at six in the morning, I went to high school like half past seven and then did a self-study until like half past eight, and then did self-study until like half past eight, and then from half past eight to 6 pm we got a lecture and then we had a dinner and then come back to the class and then self-study until 11 pm or 12 pm. Bradley Sutton: Oh my goodness gracious. James: Yeah, that was my life. Bradley Sutton: That's exactly what I see in Korean drama. Was that the same for you Bopyo? Did you have to do something like that too? Bopyo: Yes, my parents, they always push to me you have to go good college, you have to get a good job, blah, blah, blah. A lot of things, yeah. Bradley Sutton: So, what is it called the Sky University, where it's the Seoul. Bopyo: Sky University. Yeah right, James. James: Everyone's goals is that in high school well. Bradley Sutton: That's why you know there's a lot of very great Amazon sellers there because they have such amazing education. I guess so, but I want to find the gap. So, James, when you graduated, did you work in biology or in food or anything, or what did you do after graduating university? James: Just after graduated my university. I got it and I got a job regard in the cosmetic field and that I work in a cosmetic manufacturer, so in the global business department. Bradley Sutton: So, you were working in manufacturing and then how in the world do you go from there to the e-commerce world? James: At the time I wanted to do my own business, however. So, you know, I wanted to have a my own brand and then my own product things, and then somehow, I watched the YouTube and the time and then, okay, this Amazon business I could do somehow. So, okay, I let's search my own product and then I use a Helium 10 actually at the time, and then I found something, and then at the time, I create a new design about sculpture and then that sculpture has a function of the photo frame, so this kind of a new thing in the world. However, the problem was the product doesn't have a name, and then my customer couldn't find my product, my own product, in Amazon. So, I had to spend a lot of, a lot of Amazon advertisement fee at the time. So I studied by myself like a one or two years and I spent a lot of money at the time. So I got a lot of know-how. I built up my knowledge at the time by myself, and then many CEOs in company asked me to deliver a PPC lecture in Seoul. So I did it actually for two years and then there were a lot of companies which wanted to give me an offer and I took an offer, so I became somehow PPC agency as well. Bradley Sutton: All because you first learned about the opportunity from Bopyo, and so was it called Seller Kingdom in those days when you found it. Or you just found him just from his YouTube. James: YouTube. Bradley Sutton: Okay. So then, Bopyo, at what point did you start the Seller Kingdom kind of community? Bopyo: Okay, I want to introduce myself a little bit about just a little bit. You know, maybe some people just know me. Bradley Sutton: For those who didn't hear your first episode. Please, please. Bopyo: Yeah, yeah. Hello, my name is Bopyo Park. Yeah, nice to see you guys. Yeah, I started selling on Amazon in 2019 and have been doing so ever since. I've achieved seven figures since and I'm currently preparing for launching a new product. Throughout this journey, I've been sharing my Amazon selling experience on my YouTube channel, so reading to the creation of the Seller Kingdom community, dedicated to helping Korean Amazon sellers. Yeah, that's why Seller Kingdom are today. Yeah, yeah. Bradley Sutton: Okay, so you started selling on Amazon first, and then you're like, hey, let me make some videos about it. And then like, hey, this community is growing bigger. And then that's how Seller Kingdom started. It's kind of similar to how Helium 10 started. You know the founder of Helium 10, Manny Coats. He started selling on Amazon. He started a podcast so not YouTube, but podcast first and then he's like, hey, let's go ahead and start Helium 10 after that. How many people are in your community? Bopyo: I think I just count before I enter this podcast, right? So over 5,000 members in Seller Kingdom right now, yeah. Bradley Sutton: And how much? How many are based in Korea compared to maybe just you know Korean Americans or based in outside of Korea? Bopyo: Maybe 70% people. They are living in South Korea and maybe 30% people, maybe 25% people living in United States and 5% people living in maybe Europe and Japan and different all over the world. Bradley Sutton: Okay, now you know, as many people know and you guys know, you know I've worked with Korean companies for over 20 years and even in the Amazon world, even be way before I was in Helium 10, you know I was working with. You know Korean beauty companies like Innisfree, and skin food and things like that. You know, helping them get their Amazon started. But my partners, who have always been Korean, you know their specialty was not necessarily private label but helping like Korean brands get started in USA. Now for your community. Are most people just doing the traditional method of, hey, let me manufacture a product, maybe China or India, and just private label product? Or are there a lot of also people bringing existing Korean brands to the US and European markets? Bopyo: I think maybe three years ago maybe many people want to sourcing from China to selling United States. But right now the Korean people, they now know Korean K-beauty product is a really good product and that also K-food, a lot of K-food product. I mean grocery product like a Tteokbokki and Kimchi. A lot of things right. Bradley Sutton: You know what, I started wholesaling before Kopiko. Those little coffee candies. Yeah, yeah, yeah, but yeah, it was even wholesale. It's so popular in America now. Bopyo: Yes, so I think that's why a lot of Korean people Korean Amazon sellers right now are trying to sourcing from Korea and to sell United States. So maybe they want to create a new brand, or they just sourcing from some brand to introduce to United Market. Bradley Sutton: Yeah, okay cool. Now, one time I actually last year went out to dinner with you. Guys weren't there, I don't think, but I went with some other people out to some Samgyeopsal restaurant and some of the sellers were there. They sell in US, but then some of them they were also talking about selling in Korean marketplaces, because you know there is no Amazon in Korea as far as Amazon marketplace. So, James, What are some of the top nowadays in 2024? What are some of the top Korean marketplaces that are maybe similar to like Amazon style that are that are in Korea right now? James: That would be definitely Coupang. Bradley Sutton: And can just any buddy sell. Is it like a third-party marketplace where they know or maybe coupon has their own products but then other people can ever can sell on that platform, kind of like third-party sellers, or how does it work? James: The system is really, really similar to Amazon Marketplace. So Coupang has their own product, private brand. However, their Coupang sellers can sell their own brand product as well, and then some of them they buy this cosmetic from, for example, like a Skinfood Innisfree. They bought this kind of product and then they sell like wholesale. Bradley Sutton: Now me as an American citizen, can I sell on Coupang or some of these other marketplaces in Korea? James: As far as I remember. Yeah. I heard that there are many Chinese sellers in Coupang as well. Bradley Sutton: Bopyo, what do a lot of your community, do they sell both on Amazon and in Korean marketplaces like Coupang, or are they mainly just Amazon? Bopyo: I think a lot of people now trying to sell Amazon and then Coupang and then they have a different marketplace also I think they call Naver Smart Store. I think Smart Store is more focused on private label product, for example, like their own brand right, and then Coupang is a more open market. So, if I'm Korean Amazon seller, if I'm making you know good product, maybe they want to trying to sell three different way, like Smart Store and then Coupang. Trying to sell three different ways like Smart Store and then Coupang and then Amazon United States market or Japan, Amazon Japan, because Japan and Korea is so close right now. Bradley Sutton: Is it something that you would suggest that foreign sellers, be it American sellers, European sellers, look into more to be selling in Korean marketplaces, or do you think it's not much of an opportunity due to exchange rate, or what's your thoughts on that? Bopyo: I think the Korean market, e-commerce market, is a really big market. So, if they want to sell some kind of product on the Korean market, I think it's going to be a good idea, but also a little bit difficult to enter the Korean market. Because they think it's going to be a good idea, but also a little bit difficult to into Korean market because they have their own culture and Korean market price is so different than United States or Europe, different world. So if you are not living in South Korea, this is a little bit harder but market price is really good. So, looking for some partner, maybe Korean partner? We have so many Korean sellers. S…
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