Page 10 - 2023 INHA SQUARE
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         BUSINESS

                               color mArKeTinG







                                                                                                                     Reporter: Kim, Jaehee


          These days, 'color marketing' has become a rising                      The characteristic of Nongshim's color marketing for Shin
        strategy for marketing products. Many companies promote                Ramen variations is that it stimulates consumers' desire to
        their products by using this marketing strategy in their               purchase by utilizing the uniqueness of color. Still, it also
        advertisement and product design. So, let's look at the                makes consumers feel interested by naming product names
        examples of companies and the characteristics of color                 using the color of food.
        marketing.                                                               Now, let's think of another notable example: Starbucks.
          The most notable companies that use color marketing                  This world-famous coffee company has so many chain
        effectively are the Korean food company Nongshim and the               restaurants worldwide that you can see it anywhere. You
        global coffee brand Starbucks. First, Nongshim, famous for             may know Starbucks' corporate logo is 'green,' implying this
        its instant ramen products, released several versions of 'Shin         brand is environmentally conscious. Starbucks is also doing
        Ramen' and named each version with                                                           eco-friendly activities while thinking
        color words. For example, they released                                                      about the environment. For example,
        new versions of Shin Ramen, such                                                             Starbucks started the first paper straw
        as 'Shin Ramen Black,' 'Shin Ramen                                                           that is common at cafes nowadays.
        Gold,' and the newly released 'Shin                                                          Instead of plastic straws, we use more
        Ramen The Red.' In the case of 'Shin                                                         eco-friendly paper straws because we
        Ramen Black,' the company used the                                                           recognize that environmental destruction
        word 'black' to show this product is the                                                     is progressing rapidly. Starbucks believes
        premium version of Shin Raman, which                                                         that the color 'green' gives customers an
        contains a very thick soup paste made                                                        environment-friendly image and makes
        from beef bones. Also, 'Shin Ramen                                                           people build trust in the company's eco-
        Gold' used the word 'gold' because it                                                        friendly operating policies.
        has chicken soup flavor, and people                                                            As you read above, the purpose of
        usually think of the color 'yellow' when                                                     color marketing is to use color or color
        they think of chicken. For the recent                                                        words to stimulate consumers' desire to
        new product, 'Shin Ramen The Red,'                                                           purchase products and give a positive
        which has twice the Scoville scale than                                                      public image to the company. So, unlike
        the original Shin Ramen, Nongshim                                                            general marketing promotions, color
        used the word 'red' to emphasize its extremely hot taste and           marketing can be a great advantage in promoting their
        make people think of the color of the hot pepper.                      product as it can work effectively on consumers.

         SPORTS

          LG Twins: The Pennant Race Winner





                                in the 2023 KBO League




                                                                                                                  Reporter: Ahn, Jooyoung

          The LG Twins became the pennant race winner in the 2023                This year, they built their success on serious hard work,
        KBO League. They broke a 29-year dry spell to win the                  slowly edging their way up the standings over the last three
        KBO pennant on the October 3 game with Kia Tigers in Kia               or four years on a solid foundation of solid offense and
        Champions Field in Gwangju. The team became the regular                defense. Youm Kyoungyoub, the Team Manager, said, "As
        season winner for the first time since                                                       many fans visited the stadium this year,
        1994.                                                                                        our team players could focus more on
            The  Twins  are  one  of  the  five                                                      the game. The fans' support helped us
        remaining teams that founded the KBO                                                         win first place in the pennant race. We
        in 1982, although they were owned by                                                         appreciate that and also ask for a lot of
        broadcaster MBC and played as the                                                            support in the Korean Series."
        MBC Chungryong. In 1989, the LG                                                                However, to become this year's final
        Corporation acquired the franchise and                                                       winner, they should win the Korean
        renamed this team 'LG Twins'. The                                                            Series in the postseason. KT Wiz, SSG
        following year, the Twins won their                                                          Landers, NC Dynos, and Doosan Bears
        first Korean Series title with Baek                                                          also achieved positions for playing in the
        Inchun as their manager. In 1994,                                                            postseason, so we don't know yet which
        they won their second championship.                                                          team will be the Twins' counterpart in
        However, they had to wait for a chance                                                       the Korean Series. Many LG fans hope
        to raise the winning trophy for 28                                                           their team will finally stand at the top
        years after that year.                                                                       of the 2023 KBO League.
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