Review on apM Coin by Kehinde Oluwakemi
How apM coin was created
apM coin is a customer rewards platform which was adopted in apM, apM PLACE and apM luxe, they are the largest wholesale clothing shopping malls on Korea. There three malls have more than 1,300 wholesale clothing brands welcoming an average of 10,000 customer visitors on daily basis and about 1•5million of visitors annually. And almost 80% of the buyer visitors are from overseas
Because most of the buyer visitors were from outside the country apM coin grasped the opportunity to establish a customer rewards management platform from apM shopping malls with huge offline B2B platform where massive amount of valuable market data is dispersed.apM coin collects the dispersed data and improve customer service based on the data collected
Because of thousands of B2B transactions simultaneously that occur in the malls and most customers are global buyers from China, Taiwan and southeast Asia in particular, then it is very possible that the wholesale's clothing market cooperate with other industry like logistics service, transportation and lodging also if the platform improve in information system and applications to access exchange through blockchain technology more partners will join apM coins platform and provide more benefits to serve users
Pros
- It involves global buyer customers
- apM's is the largest wholesale clothing shopping malls
- It can pertner with other industry
- Based on blockchain it is secure
- Limitation of operational risk
Cons
- To improve on information system
- Application of exchange through blockchain technology
New products
Comments (1)
May 15, 2020
apM is known as the largest wholesale clothing shopping mall on Korea and most of it buyers are from other countries which makes it have the opportunity to established a customer rewards management platform with huge offline B2B platform. More partners are able to join the apM coin platform and provide more benefit to serve users as the platform has the tendency of improving information system and application
