Wadiz Achieves Success in One-Stop Support for Follow-Up Distribution of Small and Medium Brands
Successful Funding Brands... Actively Linking to Subsequent Distribution
Wadiz (CEO Shin Hye-sung) announced on the 19th that it is actively supporting small and medium-sized merchants in developing online and offline sales channels by utilizing department stores, home shopping, live commerce, and overseas platforms. Wadiz is helping small and medium-sized merchants open sales channels and achieve tangible results through its one-stop service 'Wadiz Traders,' which connects follow-up distribution for brands that have succeeded in funding.
Notably, the beauty product 'Noktan Pack' was quality-verified through Wadiz funding and entered Hyundai Home Shopping, achieving more than twice the average sales during the same time slot. It also promoted the product to global users by conducting live commerce with Singapore e-commerce platform Qoo10. Additionally, the airtight container brand 'Defenso' recorded sales exceeding 1.2 billion KRW through Wadiz and achieved several hundred million KRW in results through group purchases with famous influencers.
Five startups selected by the subsidiary Wadiz Partners recently achieved results leading to the Ministry of SMEs and Startups' private investment-linked matching loan project. Wadiz Partners is one of the main organizations managing the 'Private Investment-Linked Matching Loan' project conducted by the Ministry of SMEs and Startups and the Small Enterprise and Market Service.
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So Kang-seop, General Director of Wadiz Partners, said, "We are providing comprehensive support so that small brands successful in Wadiz funding and stores can expand through various distribution channels," adding, "We will closely cooperate with partner companies such as Lotte Home Shopping, with whom we have signed business agreements, to expand practical sales channels that help small and medium-sized merchants."
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