Korea has become a mecca for ventures as Korea ranks first in the world of innovation.

Korea has become a mecca for ventures as Korea ranks first in the world of innovation.

In addition, Korean e-commerce is expected to surge to nearly $107 billion by 2024. It is expected that the number of foreign companies entering Korea will increase rapidly. For this reason, the demand for Korean-English and English-Korean translations is also increasing, so it is important to work with a translation company with extensive translation experience. ​As more and more companies enter the Korean market, growth opportunities for start-ups as well as large corporations are increasing. Especially considering that Korea is the 16th best country to do business.

Many foreign companies find the following business opportunities in Korea. ​

E-commerce - Korea has the fastest internet speed in the world. There are many companies bringing web-based businesses to Korea. ​

Technology - Because Korea ranks 9th in the number of Internet users in Asia. Also, there are many companies that want to launch platforms and software.

​Fashion- The fashion world is booming under the influence of Korea's K-pop and other art trends. The fashion industry is projected to grow to over $26 million by 2024.

Korea, 85.5% of all SMEs are looking for a way to relocate their company overseas. Perhaps one of the most well-known industries expanding into overseas markets in Korea is the cosmetics industry.

Korea's cosmetics exports continue to expand. Korean beauty products that value health and well-being are more popular abroad because it provides natural moisturizing. In addition, the packaging of the product is visually attractive and the price of the product is reasonable. Overseas customers expect more Korean cosmetics to be launched in their home markets. Entering new markets includes the ability to translate cosmetic components, instructions and packaging and this part specifically needs cooperation with a Korean translation company. ​At I’M Translation and ISiS Korea, we provide accurate translations when your company expands from Korea to overseas markets. Finding the right Korean-English and English-Korean translation service provider is very important. At I’M Translation and ISiS Korea, we can perform the following translation tasks.

1)     Website - Translating and localizing the content of your website is an important step when entering a new market. A company website is often a point of entry for customers, so translations should take into account cultural nuances carefully.​

2)     Marketing Materials - Effective marketing can have a huge impact on a company's success when it comes to entering new markets. That's why it's important to accurately translate your marketing materials to get the right message for your customers.​

3) Document Translation - When entering a new market, there may be many documents that need to be translated. For best results, you should work with a professional translation company that understands the field to translate.

How might I’M Translation and ISiS Korea aid translations?

At I’M Translation and ISiS Korea, we can connect you with a professional translators and interpreters. We have over 30+ languages available on our platform and we are flexible and available regardless of the language pair, topic, and time zone. Please visit us at www.imtranslation.com and www.isiskorea.com/eng to request a free translation and interpretation quote. Thank you!

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