SM Brand Marketing (SMBM) is a South Korean intellectual property, licensing, management, marketing consultation, planning, and management consulting company under SM Entertainment. The company was established on August 19, 2008, and has operated SM Town Coex Artium, Sum, Sum Market, and Sum Café. It currently employs its e-commerce platform SM Town &Store and retail store SM Town &Store@DDP.
History
On August 19, 2008, SM Entertainment announced that it would establish SM Brand Marketing, adding it to its affiliates.[2] The company is in charge of brand planning and marketing consulting, such as planning, branding, and marketing on lifestyle businesses encompassing the restaurant industry, fashion, and food and beverage industries.[3] Sum, a celebrity shop run by the company, is where items related to the artists are sold and is located on the second floor of closed SM Town Coex Artium.[4] The shop offers merchandise products commercializing the company's artists.[7] SMBM also operates its global e-commerce platform SM Town &Store and retail shop SM Town &Store@DDP.[8]
The company also partnered with The Sandbox for its metaverse platform, P2C ecosystem, and SM Town Land, a themed space created in K-verse, an area for K-content in The Sandbox.[9] SMBM and The Sandbox will plan and create NFT products using their IP, production know-how, and technology and jointly operate a fan-participating service.[10]
Brands
Defunct
- SM Town &Store
- SM Town &Store@DDP
- SM Town Meta-Passport
- SM Town Coex Artium
- Sum
- Sum Market
- Sum Café
- Kwangya Club
References
- Overview – Group Companies SM Entertainment, retrieved April 21, 2022^
- Yu-kyung Kim. https://news.mt.co.kr/mtview.php?no=2008081915500986770 Money Today, August 19, 2008, retrieved April 21, 2022^
- Hyung-soo Park. https://www.asiae.co.kr/article/2008081916564539478 The Asia Business Daily, August 19, 2008, retrieved April 21, 2022^
- Bo-ram Lee. https://www.newspim.com/news/view/20150119000188 NewsPim, January 19, 2015, retrieved April 21, 2022^
- SM Entertainment Group Earnings Release – FY2020 1Q SM Entertainment, retrieved April 21, 2022^
- SMTOWN MUSEUM. May 18, 2020, retrieved April 21, 2022^
- Bo-ram Lee. https://www.newspim.com/news/view/20150114000196 NewsPim, January 14, 2015, retrieved April 21, 2022^
- Ji-eun Lee. https://www.newspim.com/news/view/20220223000142 NewsPim, February 23, 2022, retrieved April 22, 2022^
- The Sandbox, partners with SM Brand Marketing The Sandbox Blog, retrieved April 22, 2022^
- Ji-eun Lee. https://www.newspim.com/news/view/20220224000135 NewsPim, February 24, 2022, retrieved April 22, 2022^
- Hee-seok Yoon. https://www.etnews.com/20190402000278?SNS=00002 ETNews, April 2, 2019, retrieved April 21, 2022^
- Yi-hyang Kwon. http://www.sporbiz.co.kr/news/articleView.html?idxno=415685 Korea Sports Economy, February 17, 2020, retrieved April 21, 2022^
- Jong-ho Song. https://www.sedaily.com/NewsView/1YYTWKDO0E/GC0903 Seoul Economy, February 7, 2020, retrieved April 21, 2022^
- So-eun Hyun. https://www.hani.co.kr/arti/society/society_general/804831.html The Hankyoreh, July 30, 2017, retrieved April 21, 2022^
- Da-hee Kim. SM plans 'EXO convenience store' The Korea Times, February 18, 2016, retrieved April 21, 2022^