DistantNews
Support us
Diver Says Merchandise Is the Most Powerful Way to Experience a Brand
๐Ÿ‡ฐ๐Ÿ‡ท South Korea /Economy & Trade

Diver Says Merchandise Is the Most Powerful Way to Experience a Brand

From Dong-A Ilbo · () Korean

Translated from Korean and summarized by DistantNews. Read the original for the full story.

At a glance

In-depth Named sources Context piece
  • South Korean startup Diver combines creative branding services with its own manufacturing infrastructure for intellectual-property holders and corporate clients.
  • COO Kang Dong-gyun said the company handles projects from brand analysis and product planning through production, global delivery to 20 countries and store operations.
  • Diver says it has completed more than 3,000 projects and increased revenue by 1,840% over five years without outside investment, relying largely on repeat customers and referrals.

South Korean startup Diver wants companies to stop treating merchandise as simple promotional giveaways. Its chief operating officer, Kang Dong-gyun, argues that branded products can make a companyโ€™s identity tangible.

Diver combines work that is often split between design agencies and manufacturing plants. It analyzes intellectual property and brands, plans and designs products, produces them through its own infrastructure, and handles delivery and store operations. The company says it can ship to 20 countries.

Merchandise is the most powerful tool for experiencing a brand.

โ€” Kang Dong-gyunThe COO described branded products as more than promotional items.

Kang said the company has its own printing equipment and overseas sourcing network, allowing it to offer product categories that can be difficult to obtain in South Korea. It has completed more than 3,000 projects over six years and uses the resulting data to recommend product combinations to clients.

Diver is a creative studio with its own manufacturing infrastructure and technology, and a company that helps intellectual-property holders with branding.

โ€” Kang Dong-gyunHe explained the startupโ€™s business model.

The company has worked with major domestic and international brands, including the operator of a well-known national game, a leading K-pop entertainment agency and a global coffee brand. It recently produced merchandise for โ€œYamadaโ€, a character created by martial artist Choo Sung-hoon, for a pop-up store at The Hyundai Seoul.

Kang said he joined Diver formally in December after previously working with its founder, Kim Jun-bae, on a welcome-kit project for the startup event COMEUP. He cited the companyโ€™s self-funded growth as a reason for joining. Diver says revenue rose 1,840% in five years without outside investment, while repeat business and referrals drove growth with almost no marketing spending. The company formed an external sales team for the first time this year.

a branding partner

โ€” Kang Dong-gyunHe distinguished Diver from a conventional merchandise manufacturer.
About this summary

Originally published by Dong-A Ilbo in Korean. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.