[Jeon Hwa-seong's Startup Morning Coffee, Ep. 1150]: Weekly Startup Updates
Every morning, 'Startup Morning Coffee,' which vitalizes the startup ecosystem, heats up under the moderation of CEO Jeon Hwa-sung. Broadcast live daily at 8:40 AM on the 'Jeon Hwa-sung's CNTV' channel, this program not only deeply introduc...
Every morning, 'Startup Morning Coffee,' which vitalizes the startup ecosystem, heats up under the moderation of CEO Jeon Hwa-sung. Broadcast live daily at 8:40 AM on the 'Jeon Hwa-sung's CNTV' channel, this program not only deeply introduces the core competencies and market potential of various startups but also opens the door to innovation by providing viewers with live information and insights through real-time comment interaction.
This episode spotlighted 'Maewolmaejoo,' an AI-based liquor tech startup poised to shake up the liquor market. 'Maewolmaejoo' provides one-stop support for the development of PB (Private Brand) liquors utilizing brand IP and is breaking down the barrier to customized liquor production, a chronic problem in the existing market, with AI technology. It is currently participating in CNTTech's IBK Changgong support program, proving its growth potential.
Maewolmaejoo's solution makes the concept of 'customized liquor' a reality, boasting unparalleled competitiveness in efficiency. AI provides not only desired recipes and blending but also unique label designs, and has drastically reduced the minimum order quantity (MOQ) and manufacturing process to enable the production of even a single bottle of liquor. Maewolmaejoo takes responsibility for all processes, from product planning to storage, packaging, and dispatch, recording a high reorder rate of an astonishing 82%. Furthermore, by reducing manufacturing time by over 70% and achieving a sample pass rate of nearly 100%, their innovative technology and operational capabilities are setting new standards for the liquor industry.
CEO Jeon Hwa-sung evaluated that Maewolmaejoo is opening 'new horizons' in the liquor PB market with AI technology. The establishment of a brewery in Gimcheon, Gyeongbuk, a logistics center in Ansan, and a platform store in Pangyo to secure a stable business foundation, combined with the founder's excellent leadership, is becoming a driving force for continuous growth. Maewolmaejoo is expected to not only innovate the liquor market through AI but also lead the trend of customized liquor that respects individual tastes, bringing a fresh wave to the market.
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