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Baemindaum
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Baemindaum
Description
Book Introduction
"Branding expert Professor Hong Seong-tae asks questions, and Baedal Minjok CEO Kim Bong-jin answers!"

Baedal Minjok, a company that has succeeded in creating its own identity, or "Baemin-ness," in just six short years through creative planning and marketing sensibilities.
What exactly makes Baedal Minjok so far ahead? "Baemin-ness" is the book that tells the story.
This book consists of approximately 200 questions and answers exchanged between marketing expert Professor Hong Seong-tae and Baedal Minjok CEO Kim Bong-jin.
It is organized into three parts based on the questions CEO Kim Bong-jin asked himself while growing the company.
Through the company 'Baedal Minjok', the author reveals how to create your own brand, that is, to create 'Daum', which is not just better or different.
The 'next step' discussed in this book is even more meaningful because it can be applied to oneself at every moment, from starting a business to branding.


This book consists of approximately 200 questions and answers exchanged between marketing expert Professor Hong Seong-tae and Baedal Minjok CEO Kim Bong-jin.
It is organized into three parts based on the questions CEO Kim Bong-jin asked himself while growing the company.
Part 1 details how an ordinary young man, overcome with life's hardships and the frustration of business failure, came to found Baedal Minjok.
In Part 2, we asked and answered questions about typical external branding, such as advertising and marketing.
Part 3 covers internal branding, a frequently overlooked but important topic.
It is a process of embodying the concept of karma in internal members and turning them into fans so that they can create better services on their own.


This book, with the somewhat provocative title of "Baemin Daum," is arguably the most appropriate management book for this era.
This is because it is not a textbook that presents the success story of a specific company and tells you how to think, communicate, and work, but rather a milestone for finding your own way through the process of creating and growing a company.
This book will be invaluable to aspiring entrepreneurs and corporate marketing practitioners seeking to discover new horizons, as well as college students and professionals interested in branding, and even corporate leaders contemplating a new organizational culture.


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index
Baemindaum

prolog
Part 1.
Startups: Start small and clear.


Chapter 1.
The Concept of Karma: What Kind of Company Will You Create?
Which industry should I start in?
How to create a new framework in an existing market?
What should I keep in mind as an entrepreneur?

Chapter 2.
Target Audience: Who Are Our True Customers?
What kind of people are Baemin's users?
How can we gain customers' trust?

Part 2.
External Marketing: Show Consistency


Chapter 3.
Communication: How to Reach People
How can we convey Baemin's unique sensibility?
Isn't it enough to just create fans?
How can I play well with my customers?

Chapter 4.
Business Direction: Where to Go
Should we make the commission 0%?
How far should we expand our brand?

Part 3.
Internal Branding: Starting from Within


Chapter 5.
Identity: How to Build Resilience
How do you give your organization its own unique color?
How about creating our own font?
How does space influence the construction of identity?
Can you maintain your comfort level even as you grow bigger?

Chapter 6.
Organizational Atmosphere: Let's Create a Creative Company with Rules
What rules do creative companies need?
Can work really be a fun playground?

Epilogue: Let's Start Branding Yourself
Better, different, next
A decision you won't regret

Into the book
Baemindaum

We often talk about core competencies.
Just as Tsutaya is not a bookstore, but a company with the ability to provide a lifestyle, and Woongjin is not a learning materials or water purifier company, but a company with core competency in door-to-door distribution services.
Where does Baemin's core competency lie? Is it food or IT?
Our core competency is:
I don't know if it's right to say this, but I think it's about 'being able to look at the world from our own perspective.'
Our own perspective may be wrong.
But I think our core competency isn't that we're going to do it because people say it's good, but that we can define what we have, define the industry, and lead it with our own perspective.
That's how it's been done so far.

---From "What should I keep in mind as an entrepreneur?"

But Baemin's target audience isn't people who diligently look at offline outdoor advertisements, right?
that's right.
Our target audience is more active online.
These are friends who hang out on Instagram or Facebook.
So, when I create an advertisement draft, I always take a picture with my phone and do a final check.
This is a test to see if it can attract people's attention when posted on social media.
In other words, the condition of outdoor advertising that we consider is 'can it be hooked in an instant?'
We received a lot of love from people as they took pictures of our outdoor advertisement and posted them.
Since I majored in visual design in graduate school, I think that if you think about the functions of general advertising, you shouldn't do this kind of advertising.
There are no product features and I have no idea what they are talking about.
But I did it without fear.
“You don’t get fat by eating, you get fat by eating a lot.”

---From "How can we convey Baemin's unique sensibility?"

What kind of persona does Baemin have? What kind of person do you want to be seen by customers?
If we were to use a celebrity analogy, wouldn't comedian Park Myung-soo probably know more about good restaurants than anchor Son Seok-hee? For example, Naver is like Son Seok-hee in that it's always up to date and always delivers accurate search results.
If you ask him something he doesn't know, he's the kind of person who will tell you everything he knows.
But Baemin reminds me of Park Myeong-su, a friendly older brother who may seem a little lacking.
In that sense, our persona is a friendly neighborhood older brother who is easy for the youngest members to get along with, a returning student older brother who is easy to communicate with.

When ordering food, the person who suggests what to order is the senior, but the one who ultimately decides how to order is the youngest.
It would be nice to have a 'friendly neighborhood older brother' who can get along well with the youngest of 20s living in the age of Facebook and Instagram.
In fact, all of our store events and customer promotions are about communicating with customers.
It's not an expensive gift, but it feels a bit tacky, but it feels good to receive a gift that reads my mind exquisitely.
We want to make our customers feel like they are peers in similar circumstances.

---From "What kind of people are Baemin users?"

I've heard a lot about the various interesting promotions and advertisements.
For example, I don't think advertisements like Magazine Terror were made just for fun.

To be honest, just because there's a one-page ad in a magazine, it's not like people will suddenly remember Baemin and sales will increase significantly.
These days, the number of people reading advertising magazines has also decreased.
But we've been doing this for over three years, selecting one magazine every month.
Magazine advertising is a great way to train marketers and designers in the Baemin way.
We are continuously working on creating something ‘Baedal Minjok-like’ internally.
Our members have a meeting to pick copies for a month.
We keep talking in the group chat and discussing what is so special about Baemin.
Continuing this training is also a process of internally embodying the brand identity.
Even if you create something like a brand guide, employees don't read it.
But through the magazine ad ideation process, I unknowingly internalized the Baemin brand.
Isn't embodying the brand's identity in the minds and bodies of its members the most important step in branding?

I think a company's brand identity is like air or water.
That controls the company.
The most important thing in a brand is that Naver must be Naver-like and Apple must be Apple-like.
We are the ones who create brands, so we make sure you can feel it.
I made more than 36 of them.

---From "How to give your organization its own unique color?"

Baemin is currently doing well, a classic example of a startup, but what about the future? Will it be able to maintain its Baemin-like character even as it grows?
I think that would be a challenge.
So what I emphasize most is internal branding.
Internal members should be friends who really like the service they provide to their customers.
We need to have friends like that join our company and continue to enjoy it, and it should naturally become part of our culture.
There is no great significance in receiving data researched and analyzed externally.
Because it is an analysis of existing competitors and the market, it lacks depth.

All worries are one.
The question isn't 'How can I sell well?' but 'How can I make people love my brand?'
So, all of our members are really kind.
We all laugh among ourselves and say we're crazy.
People who like our culture come in and do HR, coding, and finance.
As I said before, both Lego and Disney have their own cultures, which is why they are maintained.
I believe that the core of internal branding is when people who are good at what they do come together and continue to work in a good way.
It's what makes employees continue to love Baemin.

---From "Can you maintain your comfort even as you grow bigger?"

Of course, creating a new corporate culture isn't Baemin's goal in itself, right?
Yes, what we think is important is that we have to be number one even though it is a new culture and not something that has been done before.
Among companies that pursue a free and horizontal culture, there are many that fall into second place.
We gave our employees freedom to be creative, but as things became more relaxed, many services were eliminated from the market.
So, my team and I still talk about how we have to be number one, we have to lead the market.
Then, people will remember the culture we created.

For example, if we implement a 4.5-day workweek and our company doesn't do well, then no one will implement that system in the future, right?
“Baemin tried a 4.5-day workweek, but it didn’t work out well, right?”
But if the results are good, people will say, “Wow, you keep coming in first even though you work 4.5 days a week.”
So now other organizations are saying, “We can do well with the 4.5-day workweek.”
“A five-day workweek isn’t the answer.” I guess so.

I hope to inspire and stimulate other new entrants and junior companies that will emerge in the future.
Changing the meeting format, working while chatting, and even letting people go home early for their children's birthdays are all attempts and goals we have made to change the corporate culture.

---From "Can the workplace really be a fun playground?"

To get to the Baemin office, you have to pass the Jamsil Station intersection in front of Lotte Department Store.
It's a chronically congested area, and these days it's even more congested because of construction.
In Seoul, a traffic hell, a little lateness might be understandable, but when it comes to Baemin, even being even a minute late can make you break out in a cold sweat.
This is because the phrase written at the entrance to the conference room, “9:01 is not 9:00,” keeps coming to mind.

Creativity comes from discipline and training, never from a relaxed and comfortable atmosphere.
However, this does not mean that Baemin binds or ties down its members for the sake of discipline.
All rules of this company are created autonomously by the members, but once created, they are strictly followed.
All of Baemin's activities are carried out within these principles.
Even B-grade culture, such as kitchen parodies, is being created in a complete manner within its own rules and framework.

Because creativity and innovation are based on repeated practice and diligence, discipline is even more important for businesses that rely on creativity.
Jeff Goins, author of The Art of Work, explains the "paradox of creativity and discipline," emphasizing that just as discipline is both a formidable enemy and a good friend to artists, strong discipline is essential for pursuing creative work.
The "How to Work Well in Songpa-gu" rule, which Baemin members voluntarily created, is being implemented with surprising thoroughness and has become the company's central framework.
---From the "Epilogue"

Publisher's Review
Baemindaum

From startup to branding, can you compete with a unique "uniqueness" that doesn't exist in the world?

A company that developed its own font and made it available to anyone, held a New Year's literary contest under the company name, collaborated with top clothing designers to participate in Seoul Fashion Week, and not only caused a 'chicken frenzy' with an outrageous event called Black Fried Day, but also created a fan club called 'Baejjangi'.
Baedal Minjok, a company that quickly rose to become Korea's top O2O company, earning praise for its unique planning and marketing sense in everything it does, saying, "As expected from Baemin!"
What exactly made Baedal Minjok so far ahead? This book tells the story.

The food delivery competition taking place all over the world is no exception in our country.
In the fierce 'delivery app war' that coincided with the expansion of the O2O market, Baedal Minjok emerged as the winner, and its abbreviation, 'Baemin', became synonymous with successful O2O service.
What is the secret behind Baemin's ability to capture the public's heart?

The author of this book is Professor Hong Seong-tae of Hanyang University's College of Business Administration, a branding expert.
In this book, he cites 'Baemin-ness' as the factor that led to Baedal Minjok's remarkable growth.
In an era where it's difficult to differentiate yourself simply by being better or different than others, neither companies nor individuals can survive without their own uniqueness.
However, Baedal Minjok succeeded in creating its own identity, that is, ‘Baemin-ness’, in a short period of about six years.


The Baemin-ness discussed in this book can be divided into three categories.


First, it is Baemin's unique creativity.
The first thing Baemin did after creating its service was to spread the "B-class culture" represented by parody and kitsch to its core customers, those in their 20s.
Outrageous copy such as ‘Meat tastes like meat’, ‘Diet with Photoshop’, and ‘Soup is thicker than water’ spawned countless parodies under the name of ‘magazine terrorism’, and the unprecedented outdoor advertisement ‘Kyunghee, you look the prettiest when you eat’ summoned all the Kyunghees in Korea and led to another marketing campaign.
And that's not all.
The unique TV commercial, which had most people responding with, “Is this a delivery app ad?”, clearly imprinted the existence of ‘Baedal Minjok’ even on customers who are not in their 20s.
Almost everything was so unique that it would not be an exaggeration to say it was a 'first', but because it was all done under the 'Baemin-ness' of Baemin rather than a one-time event, it was able to build up step by step and firmly establish itself as a 'Baemin' brand.


The second is ‘my own definition’.
As CEO Kim Bong-jin said, "Everything begins with defining a goal," Baedal Minjok defined and created its business from its own perspective.
By defining delivery food as "a happy time spent with loved ones," the company changed the image of delivery food, and by being the first in Korea to use the term "food-tech," it created a new market that incorporated IT into food delivery.
The moment I define myself, I can create my own domain and consequently do 'my thing' without being caught up in the competition.


The third Baemin-like quality is ‘internal branding.’
Also called internal branding, a brand becomes more powerful when it permeates the internal members and becomes their culture and lifestyle.
External factors are important, but what ultimately makes Baemin a company and brand, Baemin, are its internal members.
For example, the unique magazine advertisements published once a month are a way for members to embody the DNA of 'Baemin-ness'.
The future of a company that makes its internal members love the brand and services it creates, that is, turns them into fans, is bound to be very different from that of a company that does not.


However, it would be a mistake to think that Baedal Minjok is a company that leads its members with a fun and free-spirited atmosphere.
Baedal Minjok is a unique company where horizontal and vertical coexist, and creativity and sincerity coexist.
Baemin's way of working, "11 Ways to Work Well in Songpa-gu," is widely known online. It's clear that Baemin is a creative company with strict rules, with phrases like "9:01 is not 9:00" and "Work is vertical, but relationships are horizontal."


"Branding expert Professor Hong Seong-tae asks questions, and Baedal Minjok CEO Kim Bong-jin answers!"

This book consists of approximately 200 questions and answers exchanged between marketing expert Professor Hong Seong-tae and Baedal Minjok CEO Kim Bong-jin.
It is organized into three parts based on the questions CEO Kim Bong-jin asked himself while growing the company.
Part 1 details how an ordinary young man, overcome with life's hardships and the frustration of business failure, came to found Baedal Minjok.
In Part 2, we asked and answered questions about typical external branding, such as advertising and marketing.
Part 3 covers internal branding, a frequently overlooked but important topic.
It is a process of embodying the concept of karma in internal members and turning them into fans so that they can create better services on their own.


The author, who covered differentiation strategies for all brands and companies in his previous work, "Better Than Different," says that the reason so many startups fail despite their successful launches is because they fail to create their own "uniqueness."
The author closely analyzed what makes Baedal Minjok, considered one of the most successful startups, unique by observing them for several months.
What allowed Baedal Minjok to stand tall as Korea's top startup was not a novel idea or the trend of O2O service, but rather the "Baemin-ness" that they discovered and shared on their own.


Through the company 'Baedal Minjok', the author reveals how to create your own brand, that is, to create 'Daum', which is not just better or different.
The 'next step' discussed in this book is even more meaningful because it can be applied to oneself at every moment, from starting a business to branding.
The author helps readers discover their own identity by answering questions such as, "What kind of company should I build?", "Who are our true customers?", "How should I reach out to people?", and "How should I build my own identity?"
In addition to questions and answers, it also faithfully serves as a reference guide for anyone in any field, with management theories and case studies that should be read together.


Our companies are now being asked to play a role in carving out their own, even if small, solid territories, rather than simply picking up fallen grain.
We also need to find new solutions in communicating with customers.
Ever-savvier consumers prefer brands that breathe and communicate with their customers, rather than companies that simply shout, “Customer, we’re the best!”


This book, with the somewhat provocative title of "Baemin Daum," is in that sense the most appropriate management book for this era.
This is because it is not a textbook that presents the success story of a specific company and tells you how to think, communicate, and work, but rather a milestone for finding your own way through the process of creating and growing a company.
This book will be invaluable to aspiring entrepreneurs and corporate marketing practitioners seeking to discover new horizons, as well as college students and professionals interested in branding, and even corporate leaders contemplating a new organizational culture.
GOODS SPECIFICS
- Date of publication: November 11, 2016
- Page count, weight, size: 288 pages | 486g | 148*210*20mm
- ISBN13: 9791187289081
- ISBN10: 1187289086

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