Proposal of Eco-M Business Model : Specialty Store of Eco-friendly Agricultural Products Joined with Suburban Agriculture

• Published in: The Journal of Asian finance, economics, and business Vol. 1; no. 4; pp. 15 - 21
• Main Authors: Kim, Jong-Baek, Lee, Hyen-Ho, Yang, Hoe-Chang
• Format: Journal Article
• Language: English
• Published: 한국유통과학회 30.11.2014
• Subjects: Suburban Agriculture; Business Model; Eco-M; Agricultural Products; Eco-friendly
• ISSN: 2288-4637; 2288-4645
• DOI: 10.13106/jafeb.2014.vol1.no4.15.

The main purpose of the research is to suggest a new business model of direct distribution of organic agricultural products cultivated in suburban area. To secure competitiveness, logistics cost reduction is important through direct transaction of organic agricultural products cultivated on suburban area. The research addresses food safety, farmers' income and unemployment issues with Eco-M business model. The research methods include investigation on the followings: current domestic agriculture; related problems on the existing literature reviews; the current status of suburban agriculture; specialty store of eco-friendly agricultural products. Eco-M business model can solve various problems of suburban agriculture supply system, challenges of organic farming specialty stores, unemployment issues, and difficulties of processing verticalization. Future research should include followings. First, there should be comparative analysis between businesses of environmentfriendly specialty stores through suburban agriculture and producer's agriculture connected with organic farming market. Second, it is required to develop strategy of environment-friendly specialty stores. Finally, analysis of the potential of Sextic industries is necessary throughout production-process-service process.