The global credit crunch has wreaked havoc with businesses the world over. One way to survive the worst financial crisis in recent history is to compete with innovative ideas. A worldwide market analysis on hit products in 2007 and 2008 showed that items based on fun ideas were popular among consumers. One Korean company is riding this trend with a fun recreational product called “Veloscoot.” Today we’ve invited Veloscoot Korea CEO Cha Seong-bae차성배 to tell us about this wonderful idea.
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