A signing ceremony marked the establishment of two Memoranda of Understanding (MOUs) that seek to create business opportunities for entrepreneurs throughout the region.
The collaboration involves four organizations from Thailand and Japan, which share a vision for developing innovative business models in Influencer Marketing tailored for the Asian market.
This initiative aims to elevate Thailand's Influencer Marketing sector on a global scale, providing Thai creators and entrepreneurs with platforms to showcase their talents regionally.
The agreements also focus on implementing new standards within Influencer and Live Commerce industries through immediately shoppable content.
The first MOU, a Memorandum of Agreement on Development and Cooperative Rights, was signed between BIGXSHOW and LALA Station (Japan).
Its primary goal is to adapt and elevate content for international markets, particularly targeting local audiences in Japan and across Asia.
This agreement was signed by Mr. Sorchote Ambhanwong, Co-CEO of BIGXSHOW LALA Co., Ltd., and Mr. Shigetomi Tatsuya, President of LALA Station Co., Ltd.
The second MOU addresses Influencer Marketing within the Asian context, facilitating collaboration among the partner organizations to harness opportunities in digital technology and artificial intelligence.
This agreement recognizes the potential to advance Key Opinion Leader (KOL) strategies, Content Commerce, and consumer behavior-responsive platforms.
The signatories include Mr. Sorchote Ambhanwong; Mr. Shigetomi Tatsuya; Mr. Pawat Ruangdejworachai, President & CEO of Media Intelligence Co., Ltd. (HAKUHODO Thailand); and Mr. Ieki Takahiro, Vice President of HUUM Inc.
This collective effort aims to develop a regional KOL support system, research and innovate business models for the Asian market, produce commercial content designed for immediate sales, and establish KOL Centers for content exchange and production.
Thailand is set to be positioned as a central hub for this initiative, with plans to promote Influencers and generate shoppable content through leveraging YouTube as an alternative channel to traditional advertising.
The collaboration also highlights innovations such as the creation of instantly purchasable content and the establishment of KOL Centers, which will include offices in the KING BRIDGE building.
This partnership aligns with the growing importance of Influencer Marketing and Live Commerce in the digital era, enhancing the capacity to deliver comprehensive marketing solutions that address local consumer needs.
The expertise of the involved parties is anticipated to foster new business models that adapt to shifting consumer behaviors, facilitating the development of a robust ecosystem for KOLs across Asia.
The historic agreement is expected to significantly impact the Influencer Marketing and Live Commerce sectors, opening new avenues for entrepreneurs and creators in the Asian market.