University of finance – marketing faculty of marketing international marketing final exam assignment



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Opportunities 
Threats 

Korea is a potential market for coffee 
exports 

Because in the same Asian region, it will 
be easier to understand consumer culture 

Coffee is a popular drink 

Close 
geographical 
distance 
saves 
transportation and operating costs 

There are many free trade agreements 
between the two countries 

The rate of Internet users is high, reaching 
96%, Naver and Daum are the 2 main 
search engines 

Coffee import tax into Korea is quite low 
and not subject to excise tax 

Korea is not strong in growing coffee and 
Vietnam is a big coffee exporter in the 
world 

The trend of coffee drinking changes in 
line with the characteristics of coffee 
products “Sáng tạo” 

People have a high national spirit, giving 
priority to using domestic products 

Importers and consumers do not know 
much about coffee of Vietnamese origin 

Consumers tend to drink cheap instant 
coffees 

Fierce competition from big brands 
occupying a large share of the Korean 
coffee market 

Risk of hard-to-reach products because 
of too many coffee brands in Korea 


13 

Building a strong brand in Asia's top 4 
economic countries, as a springboard to 
develop more international markets. 

Became the most popular product in 
Korea 
 
Target Market Description 
 
5.1 
Segmentation
 
Demographic Segmentation:
Age: 

People who often drink coffee are in the age group of 20 to 40, of which the age group of 20 
to 25 are mainly students and the age of 26 to 40 are those who have worked. 

According to the results of a survey mainly aimed at students at George Mason University 
Korea, the percentage of students who drink coffee for energy is 67.2%. 
Income: 

Most of the students are still financially dependent on their families, a few have personal 
income from part-time jobs. 

Working people have a good and stable income, the average salary is 3.152.000 won/month 
(2020) 
Gender: 
The main consumers of Korean coffee culture are men between the ages of 20 and 40 because 
they are drawn to the strong taste of coffee.

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