๐Ÿ“Š

Market Saturation

Agent Progress
Built
Keywords
์‹œ์žฅ ํฌํ™” / ๊ณต๊ธ‰ ๊ณผ์ž‰ / ๋ ˆ๋“œ์˜ค์…˜ / ๊ฒฝ์Ÿ ์‹ฌํ™”
Lesson #
S
Done
Section
Advanced Vocabulary
๐Ÿ“Š
TL;DR ๐Ÿฆ„
  • ๐Ÿ“ˆ Market saturation is ์‹œ์žฅ ํฌํ™” โ€” a market is โ€œfullโ€ because demand is no longer growing fast enough for all sellers.
  • ๐Ÿญ Oversupply is ๊ณต๊ธ‰ ๊ณผ์ž‰ โ€” too many goods or services chase too few buyers.
  • ๐ŸŒŠ A red ocean is ๋ ˆ๋“œ์˜ค์…˜ โ€” a crowded, cutthroat market where ๊ฒฝ์Ÿ์ด ์‹ฌํ™”๋˜๋‹ค means competition intensifies.
๐Ÿ”Š
๐ŸŽง Iru Helper Note โ€” Use
Korean Helper Widgets
Korean Helper Widgets
whenever you want to hear a term or example sentence aloud. Type in a Korean phrase like ์‹œ์žฅ์ด ํฌํ™” ์ƒํƒœ์— ์ด๋ฅด๋ €์–ด์š” (โ€œThe market has reached a saturated stateโ€) and let your ears do some market research too. ๐ŸŽง
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๐ŸŒˆ The Big Picture

In business, economics, and news Korean, market saturation is not just โ€œmany companies exist.โ€ It means the market has become so crowded that adding another seller, product, or store no longer creates easy growth. The key Korean phrase is ์‹œ์žฅ ํฌํ™” โ€” literally โ€œmarket saturation.โ€ ๐Ÿ“Š
You will often see it together with ๊ณต๊ธ‰ ๊ณผ์ž‰ (โ€œoversupplyโ€), ๋ ˆ๋“œ์˜ค์…˜ (โ€œred ocean / highly competitive marketโ€), and ๊ฒฝ์Ÿ ์‹ฌํ™” (โ€œintensification of competitionโ€). These terms are common in reports, news articles, strategy discussions, and TOPIK-style economics passages โ€” but this is an Advanced Vocabulary lesson, not a TOPIK build. ๐Ÿง 
The emotional flavor matters: ์‹œ์žฅ ํฌํ™” sounds analytical, ๊ณต๊ธ‰ ๊ณผ์ž‰ points to the cause, ๋ ˆ๋“œ์˜ค์…˜ sounds vivid and strategic, and ๊ฒฝ์Ÿ ์‹ฌํ™” describes the pressure companies feel after the market gets crowded. ๐ŸŒก๏ธ

๐ŸŽจ The Core Market Saturation Family

  • ์‹œ์žฅ ํฌํ™” = market saturation. ์‹œ์žฅ means โ€œmarket,โ€ and ํฌํ™” means โ€œsaturation / being filled to capacity.โ€ Use it when growth space has become limited.
  • ํฌํ™” ์ƒํƒœ = a saturated state. ์ƒํƒœ means โ€œstate / condition,โ€ so this phrase often appears in more formal writing.
  • ์‹œ์žฅ ํฌํ™” ์ƒํƒœ์— ์ด๋ฅด๋‹ค = to reach market saturation. ์ด๋ฅด๋‹ค means โ€œto reach / arrive atโ€ in formal contexts.
  • ๊ณต๊ธ‰ ๊ณผ์ž‰ = oversupply. ๊ณต๊ธ‰ means โ€œsupply,โ€ and ๊ณผ์ž‰ means โ€œexcess.โ€
  • ์ˆ˜์š” ๋‘”ํ™” = slowing demand. ์ˆ˜์š” means โ€œdemand,โ€ and ๋‘”ํ™” means โ€œslowdown.โ€
  • ๋ ˆ๋“œ์˜ค์…˜ = red ocean / overcrowded competitive market. This is business jargon, often contrasted with ๋ธ”๋ฃจ์˜ค์…˜ (โ€œblue ocean / untapped marketโ€).
  • ๊ฒฝ์Ÿ ์‹ฌํ™” = intensifying competition. ๊ฒฝ์Ÿ means โ€œcompetition,โ€ and ์‹ฌํ™” means โ€œdeepening / intensification.โ€
  • ๊ฐ€๊ฒฉ ๊ฒฝ์Ÿ = price competition. This often happens when companies cannot differentiate their products.
  • ์ˆ˜์ต์„ฑ ์•…ํ™” = deteriorating profitability. ์ˆ˜์ต์„ฑ means โ€œprofitability,โ€ and ์•…ํ™” means โ€œworsening.โ€
  • ์ฐจ๋ณ„ํ™” ์ „๋žต = differentiation strategy. ์ฐจ๋ณ„ํ™” means โ€œdifferentiation,โ€ and ์ „๋žต means โ€œstrategy.โ€

๐Ÿ› ๏ธ How They Work in a Sentence

  • ์Šค๋งˆํŠธํฐ ์‹œ์žฅ์€ ์ด๋ฏธ ํฌํ™” ์ƒํƒœ์— ์ด๋ฅด๋ €์–ด์š”.
    • โ€œThe smartphone market has already reached a saturated state.โ€ ๐Ÿ“ฑ
      ์ด๋ฏธ means โ€œalready,โ€ and -์— ์ด๋ฅด๋‹ค gives the sentence a formal โ€œreach a stageโ€ feeling.
  • ๊ณต๊ธ‰ ๊ณผ์ž‰์œผ๋กœ ์ธํ•ด ๊ฐ€๊ฒฉ ๊ฒฝ์Ÿ์ด ๋” ์น˜์—ดํ•ด์กŒ์–ด์š”.
    • โ€œBecause of oversupply, price competition became even fiercer.โ€ ๐Ÿท๏ธ
      -์œผ๋กœ ์ธํ•ด means โ€œbecause of / due to,โ€ and ์น˜์—ดํ•ด์ง€๋‹ค means โ€œto become fierce.โ€
  • ๋ ˆ๋“œ์˜ค์…˜์—์„œ ์‚ด์•„๋‚จ์œผ๋ ค๋ฉด ์ฐจ๋ณ„ํ™” ์ „๋žต์ด ํ•„์š”ํ•ด์š”.
    • โ€œTo survive in a red ocean, a differentiation strategy is necessary.โ€ ๐Ÿงญ
      ์‚ด์•„๋‚จ๋‹ค means โ€œto survive,โ€ and ํ•„์š”ํ•˜๋‹ค means โ€œto be necessary.โ€

๐Ÿงฉ General Formation Rule

Use these phrases like compact noun chunks in formal Korean:
  • ์‹œ์žฅ + ํฌํ™” โ†’ ์‹œ์žฅ ํฌํ™” (โ€œmarket saturationโ€)
  • ๊ณต๊ธ‰ + ๊ณผ์ž‰ โ†’ ๊ณต๊ธ‰ ๊ณผ์ž‰ (โ€œoversupplyโ€)
  • ๊ฒฝ์Ÿ + ์‹ฌํ™” โ†’ ๊ฒฝ์Ÿ ์‹ฌํ™” (โ€œintensification of competitionโ€)
  • ์ˆ˜์ต์„ฑ + ์•…ํ™” โ†’ ์ˆ˜์ต์„ฑ ์•…ํ™” (โ€œworsening profitabilityโ€)
  • ์ฐจ๋ณ„ํ™” + ์ „๋žต โ†’ ์ฐจ๋ณ„ํ™” ์ „๋žต (โ€œdifferentiation strategyโ€)
To turn these noun chunks into natural sentences, pair them with verbs like:
  • ์‹ฌํ™”๋˜๋‹ค = โ€œto intensifyโ€
  • ์•…ํ™”๋˜๋‹ค = โ€œto worsenโ€
  • ์ด๋ฅด๋‹ค = โ€œto reachโ€
  • ํ•„์š”ํ•˜๋‹ค = โ€œto be necessaryโ€
  • ์‚ด์•„๋‚จ๋‹ค = โ€œto surviveโ€

๐Ÿ“š Cross-check note

Core vocabulary components such as ์‹œ์žฅ, ํฌํ™”, ๊ณต๊ธ‰, ๊ณผ์ž‰, ๊ฒฝ์Ÿ, ์‹ฌํ™”, ์ˆ˜์ต์„ฑ, ์•…ํ™”, and related formal verbs were checked against ๊ตญ๋ฆฝ๊ตญ์–ด์› / Korean.go.kr dictionary guidance. ๋ ˆ๋“œ์˜ค์…˜ is treated here as common business jargon rather than a native grammar form. โœ…

๐Ÿชž Synonym Alert

  • ์‹œ์žฅ ํฌํ™” โ€” formal/business-neutral โ€œmarket saturation.โ€
  • ํฌํ™” ์ƒํƒœ โ€” emphasizes the condition of being saturated.
  • ๊ณผ๋ฐ€ ์‹œ์žฅ โ€” โ€œovercrowded market,โ€ more descriptive and less fixed than ์‹œ์žฅ ํฌํ™”.
  • ๋ ˆ๋“œ์˜ค์…˜ โ€” vivid business jargon; useful in strategy talk, but less formal than an economic report phrase.
  • ๊ฒฝ์Ÿ ๊ณผ์—ด โ€” โ€œoverheated competition,โ€ stronger and more negative than ๊ฒฝ์Ÿ ์‹ฌํ™”.

โš ๏ธ Pitfalls to Dodge

  • โŒ ์‹œ์žฅ์ด ๋ฐฐ๋ถˆ๋Ÿฌ์š” โ†’ โœ… ์‹œ์žฅ์ด ํฌํ™” ์ƒํƒœ์˜ˆ์š” (โ€œThe market is saturated.โ€) โ€” ๋ฐฐ๋ถ€๋ฅด๋‹ค means a person is full after eating, not a market. ๐Ÿฝ๏ธ
  • โŒ ๊ณต๊ธ‰์ด ๋„ˆ๋ฌด ๋งŽ์Œ in formal writing โ†’ โœ… ๊ณต๊ธ‰ ๊ณผ์ž‰ (โ€œoversupplyโ€) โ€” use the compact noun phrase for reports and analysis. ๐Ÿญ
  • โŒ ๋ ˆ๋“œ์˜ค์…˜ = any difficult business โ†’ โœ… ๋ ˆ๋“œ์˜ค์…˜ = an already crowded market with intense competition. ๐ŸŒŠ
  • โŒ ๊ฒฝ์Ÿ์ด ๊นŠ์–ด์กŒ์–ด์š” โ†’ โœ… ๊ฒฝ์Ÿ์ด ์‹ฌํ™”๋˜์—ˆ์–ด์š” (โ€œCompetition intensified.โ€) โ€” ์‹ฌํ™”๋˜๋‹ค is the natural formal verb. ๐Ÿ”ฅ
  • โŒ Blaming only ๊ณต๊ธ‰ ๊ณผ์ž‰ โ†’ โœ… Mention both ๊ณต๊ธ‰ ๊ณผ์ž‰ (โ€œoversupplyโ€) and ์ˆ˜์š” ๋‘”ํ™” (โ€œdemand slowdownโ€) when both forces matter. โš–๏ธ

Market saturation vocabulary is your โ€œbusiness weather radarโ€: it helps you explain why growth slows, why price wars begin, and why companies suddenly start shouting โ€œdifferentiation!โ€ like it is a life raft. ๐Ÿ›Ÿ๐Ÿ“‰
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Try this exercise

Practice choosing the most natural advanced business term for each sentence. Read the Korean sentence, fill the blank, then open the Answer toggle to check the nuance. ๐Ÿง 
1. ์‹ ๊ทœ ์—…์ฒด๊ฐ€ ๊ณ„์† ์ง„์ž…ํ•˜๋ฉด์„œ ํ™”์žฅํ’ˆ ์‹œ์žฅ์ด ๏ผฟ๏ผฟ๏ผฟ๏ผฟ ์ƒํƒœ์— ๊ฐ€๊นŒ์›Œ์กŒ์–ด์š”.
โ€œThe cosmetics market came close to a saturated state as new companies kept entering.โ€ ๐Ÿ’„
Answer
ํฌํ™” โ€” ํฌํ™” ์ƒํƒœ means โ€œsaturated state,โ€ the clean analytical phrasing here.
2. ์ƒ์‚ฐ๋Ÿ‰์€ ๋Š˜์—ˆ์ง€๋งŒ ์ˆ˜์š”๊ฐ€ ์ค„์–ด ๏ผฟ๏ผฟ๏ผฟ๏ผฟ ๊ณผ์ž‰์ด ๋ฐœ์ƒํ–ˆ์–ด์š”.
โ€œProduction increased, but demand fell, so oversupply occurred.โ€ ๐Ÿญ
Answer
๊ณต๊ธ‰ โ€” ๊ณต๊ธ‰ ๊ณผ์ž‰ means โ€œoversupply.โ€
3. ์ด๋ฏธ ๊ฒฝ์Ÿ์ž๊ฐ€ ๋งŽ์€ ์‹œ์žฅ์„ ์ „๋žต ๋ณด๊ณ ์„œ์—์„œ๋Š” ๏ผฟ๏ผฟ๏ผฟ๏ผฟ์ด๋ผ๊ณ  ๋ถˆ๋ €์–ด์š”.
โ€œThe strategy report called the already crowded market a red ocean.โ€ ๐Ÿ“‹
Answer
๋ ˆ๋“œ์˜ค์…˜ โ€” It is vivid business jargon for a highly crowded competitive market.
4. ๋น„์Šทํ•œ ์ œํ’ˆ์ด ๋งŽ์•„์ง€์ž ๊ธฐ์—…๋“ค์€ ๏ผฟ๏ผฟ๏ผฟ๏ผฟ ์ „๋žต์„ ๊ฐ•ํ™”ํ–ˆ์–ด์š”.
โ€œAs similar products increased, companies strengthened their differentiation strategy.โ€ ๐Ÿงญ
Answer
์ฐจ๋ณ„ํ™” โ€” ์ฐจ๋ณ„ํ™” ์ „๋žต means โ€œdifferentiation strategy.โ€
5. ํ• ์ธ ๊ฒฝ์Ÿ์ด ๋ฐ˜๋ณต๋˜๋ฉด์„œ ์—…๊ณ„์˜ ๏ผฟ๏ผฟ๏ผฟ๏ผฟ์ด ์•…ํ™”๋˜์—ˆ์–ด์š”.
โ€œAs discount competition repeated, the industryโ€™s profitability worsened.โ€ ๐Ÿท๏ธ
Answer
์ˆ˜์ต์„ฑ โ€” ์ˆ˜์ต์„ฑ ์•…ํ™” means โ€œdeteriorating profitability.โ€
6. ์ˆ˜์š” ๏ผฟ๏ผฟ๏ผฟ๏ผฟ ๋•Œ๋ฌธ์— ๊ธฐ์กด ๋งค์žฅ์˜ ๋งค์ถœ ์ฆ๊ฐ€์„ธ๊ฐ€ ์•ฝํ•ด์กŒ์–ด์š”.
โ€œBecause of slowing demand, existing storesโ€™ sales growth weakened.โ€ ๐Ÿ›’
Answer
๋‘”ํ™” โ€” ์ˆ˜์š” ๋‘”ํ™” means โ€œdemand slowdown.โ€
7. ์‹œ์žฅ ํฌํ™” ์ดํ›„์—๋Š” ๊ฐ€๊ฒฉ ๏ผฟ๏ผฟ๏ผฟ๏ผฟ์ด ๋” ์น˜์—ดํ•ด์งˆ ์ˆ˜ ์žˆ์–ด์š”.
โ€œAfter market saturation, price competition can become fiercer.โ€ ๐Ÿ’ธ
Answer
๊ฒฝ์Ÿ โ€” ๊ฐ€๊ฒฉ ๊ฒฝ์Ÿ means โ€œprice competition.โ€
8. ์ƒˆ ๋ธŒ๋žœ๋“œ๋Š” ๋ ˆ๋“œ์˜ค์…˜์—์„œ ๏ผฟ๏ผฟ๏ผฟ๏ผฟ ์œ„ํ•ด ๋…ํŠนํ•œ ์„œ๋น„์Šค๋ฅผ ๋‚ด์„ธ์› ์–ด์š”.
โ€œThe new brand promoted a unique service in order to survive in a red ocean.โ€ ๐Ÿ›Ÿ
Answer
์‚ด์•„๋‚จ๊ธฐ โ€” ์‚ด์•„๋‚จ๋‹ค means โ€œto surviveโ€; ์‚ด์•„๋‚จ๊ธฐ ์œ„ํ•ด means โ€œin order to survive.โ€
9. ๊ฒฝ์Ÿ ๏ผฟ๏ผฟ๏ผฟ๏ผฟ๋กœ ๊ด‘๊ณ ๋น„ ๋ถ€๋‹ด์ด ์ปค์กŒ์–ด์š”.
โ€œDue to intensifying competition, the advertising cost burden grew.โ€ ๐Ÿ“ฃ
Answer
์‹ฌํ™” โ€” ๊ฒฝ์Ÿ ์‹ฌํ™” means โ€œintensification of competition.โ€
10. ๋ณด๊ณ ์„œ๋Š” ๋ฐฐ๋‹ฌ ์•ฑ ์‹œ์žฅ์ด ํฌํ™” ์ƒํƒœ์— ๏ผฟ๏ผฟ๏ผฟ๏ผฟ๊ณ  ๋ถ„์„ํ–ˆ์–ด์š”.
โ€œThe report analyzed that the delivery app market had reached a saturated state.โ€ ๐Ÿ›ต
Answer
์ด๋ฅด๋ €๋‹ค โ€” ํฌํ™” ์ƒํƒœ์— ์ด๋ฅด๋‹ค means โ€œto reach a saturated state.โ€
๐Ÿ“š
Vocabulary Box
  • ์‹ ๊ทœ ์—…์ฒด โ†’ new company / new entrant
  • ์ง„์ž…ํ•˜๋‹ค โ†’ to enter a market
  • ํฌํ™” ์ƒํƒœ โ†’ saturated state
  • ์ƒ์‚ฐ๋Ÿ‰ โ†’ production volume
  • ์ˆ˜์š” โ†’ demand
  • ๊ณต๊ธ‰ ๊ณผ์ž‰ โ†’ oversupply
  • ๋ ˆ๋“œ์˜ค์…˜ โ†’ red ocean / crowded market
  • ์ฐจ๋ณ„ํ™” ์ „๋žต โ†’ differentiation strategy
  • ์ˆ˜์ต์„ฑ ์•…ํ™” โ†’ worsening profitability
  • ์ˆ˜์š” ๋‘”ํ™” โ†’ slowing demand
  • ๊ฐ€๊ฒฉ ๊ฒฝ์Ÿ โ†’ price competition
  • ์‚ด์•„๋‚จ๋‹ค โ†’ to survive
  • ๊ฒฝ์Ÿ ์‹ฌํ™” โ†’ intensifying competition
  • ์ด๋ฅด๋‹ค โ†’ to reach
Tip ๐Ÿ’ก Match the noun chunk first, then decide which verb makes the business sentence sound natural.

๐Ÿš€
Want more reps? Head into the Practice Hub below and make these business terms earn their quarterly bonus. ๐Ÿ“ˆ
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๐Ÿ“ฆ
๐ŸŽฏ Practice Hub โ€” Market Saturation
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Welcome to your market saturation workout. ๐Ÿ“Š Youโ€™ll practice the core vocabulary behind crowded markets, oversupply, price wars, and differentiation strategy, so Korean business passages stop looking like a financial thunderstorm. ๐ŸŒฉ๏ธ
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๐Ÿ”Š Audio reminder: Use
Korean Helper Widgets
Korean Helper Widgets
whenever you want to hear a Korean sentence or phrase aloud.
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๐Ÿ“ Instructions: Fill each blank with the most natural term or form. Say the completed sentence aloud, check the Answer toggle, and pay attention to whether the sentence is describing a cause, a result, or a strategic response.
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Exercise 1 โ€” Saturated Markets ๐Ÿ“Š

A. ์˜จ๋ผ์ธ ๊ต์œก ์‹œ์žฅ์€ ๋น ๋ฅด๊ฒŒ ์„ฑ์žฅํ–ˆ์ง€๋งŒ ์ด์ œ ๏ผฟ๏ผฟ๏ผฟ๏ผฟ ์กฐ์ง์ด ๋ณด์—ฌ์š”.
โ€œThe online education market grew quickly, but now signs of saturation are visible.โ€ ๐Ÿ’ป
Answer
ํฌํ™” โ€” ํฌํ™” ์กฐ์ง means โ€œsigns of saturation.โ€
B. ํ”„๋žœ์ฐจ์ด์ฆˆ ์นดํŽ˜๊ฐ€ ๋Š˜๋ฉด์„œ ์ƒ๊ถŒ์ด ๏ผฟ๏ผฟ๏ผฟ๏ผฟ ์ƒํƒœ๊ฐ€ ๋˜์—ˆ์–ด์š”.
โ€œAs franchise cafรฉs increased, the commercial district became saturated.โ€ โ˜•
Answer
ํฌํ™” โ€” ํฌํ™” ์ƒํƒœ๊ฐ€ ๋˜๋‹ค means โ€œto become saturated.โ€
C. ๋ณด๊ณ ์„œ๋Š” ๊ฐ„ํŽธ์‹ ์‹œ์žฅ์ด ์„ฑ์ˆ™๊ธฐ๋ฅผ ๋„˜์–ด ํฌํ™” ๋‹จ๊ณ„์— ๏ผฟ๏ผฟ๏ผฟ๏ผฟ๊ณ  ๋ดค์–ด์š”.
โ€œThe report saw the ready-meal market as having moved beyond maturity and reached saturation.โ€ ๐Ÿฑ
Answer
์ด๋ฅด๋ €๋‹ค โ€” ๋‹จ๊ณ„์— ์ด๋ฅด๋‹ค means โ€œto reach a stage.โ€
D. ์ƒˆ๋กœ์šด ์ˆ˜์š”๊ฐ€ ์ƒ๊ธฐ์ง€ ์•Š์œผ๋ฉด ์‹œ์žฅ ๏ผฟ๏ผฟ๏ผฟ๏ผฟ๋Š” ๋” ๋นจ๋ผ์งˆ ์ˆ˜ ์žˆ์–ด์š”.
โ€œIf new demand does not appear, market saturation may accelerate.โ€ โฑ๏ธ
Answer
ํฌํ™” โ€” ์‹œ์žฅ ํฌํ™” is the noun phrase โ€œmarket saturation.โ€
E. ํฌํ™”๋œ ์‹œ์žฅ์—์„œ๋Š” ๋‹จ์ˆœํ•œ ๋งค์žฅ ํ™•๋Œ€๊ฐ€ ํšจ๊ณผ๋ฅผ ๋‚ด๊ธฐ ์–ด๋ ค์›Œ์š”.
โ€œIn a saturated market, simple store expansion is unlikely to be effective.โ€ ๐Ÿฌ
Answer
No blank โ€” reading check. ํฌํ™”๋œ ์‹œ์žฅ means โ€œa saturated market,โ€ using ํฌํ™”๋˜๋‹ค as a modifier.
F. ์ „์ž์ฑ… ์—…์ฒด๋“ค์€ ๏ผฟ๏ผฟ๏ผฟ๏ผฟ ์‹œ์žฅ์—์„œ ์ถฉ์„ฑ ๊ณ ๊ฐ์„ ํ™•๋ณดํ•˜๋ ค๊ณ  ํ•ด์š”.
โ€œE-book companies are trying to secure loyal customers in a saturated market.โ€ ๐Ÿ“š
Answer
ํฌํ™”๋œ โ€” ํฌํ™”๋œ ์‹œ์žฅ naturally modifies โ€œmarket.โ€
G. ์‹œ์žฅ ํฌํ™”๋Š” ๋งค์ถœ ์ •์ฒด์™€ ๏ผฟ๏ผฟ๏ผฟ๏ผฟ ์••๋ฐ•์œผ๋กœ ์ด์–ด์งˆ ์ˆ˜ ์žˆ์–ด์š”.
โ€œMarket saturation can lead to stagnant sales and pressure on profitability.โ€ ๐Ÿ“‰
Answer
์ˆ˜์ต์„ฑ โ€” ์ˆ˜์ต์„ฑ ์••๋ฐ• means โ€œpressure on profitability.โ€
H. ์ดˆ๊ธฐ ์„ฑ์žฅ๊ธฐ์™€ ๋‹ฌ๋ฆฌ ํฌํ™” ์‹œ์žฅ์—์„œ๋Š” ๊ณ ๊ฐ ๏ผฟ๏ผฟ๏ผฟ๏ผฟ ๋น„์šฉ์ด ์ปค์ ธ์š”.
โ€œUnlike the early growth stage, customer acquisition costs rise in a saturated market.โ€ ๐Ÿงฒ
Answer
ํ™•๋ณด โ€” ๊ณ ๊ฐ ํ™•๋ณด means โ€œcustomer acquisition / securing customers.โ€
I. ์‹œ์žฅ ํฌํ™” ์—ฌ๋ถ€๋ฅผ ํŒ๋‹จํ•˜๋ ค๋ฉด ์ˆ˜์š” ์ฆ๊ฐ€์œจ๊ณผ ์—…์ฒด ์ˆ˜๋ฅผ ํ•จ๊ป˜ ๋ด์•ผ ํ•ด์š”.
โ€œTo judge whether a market is saturated, you need to look at demand growth and the number of companies together.โ€ ๐Ÿ”
Answer
No blank โ€” nuance check. ์—ฌ๋ถ€ means โ€œwhether or not,โ€ useful in analytical writing.
J. ์ƒˆ ์ง„์ž…์ž๋Š” ํฌํ™” ์‹œ์žฅ์—์„œ ๋šœ๋ ทํ•œ ๏ผฟ๏ผฟ๏ผฟ๏ผฟ ์—†์ด๋Š” ์‚ด์•„๋‚จ๊ธฐ ์–ด๋ ค์›Œ์š”.
โ€œA new entrant is unlikely to survive in a saturated market without clear differentiation.โ€ ๐Ÿ›Ÿ
Answer
์ฐจ๋ณ„ํ™” โ€” In saturated markets, differentiation becomes survival gear.
๐Ÿ“š
Vocabulary Box
  • ์˜จ๋ผ์ธ ๊ต์œก ์‹œ์žฅ โ†’ online education market
  • ์„ฑ์žฅํ•˜๋‹ค โ†’ to grow
  • ์กฐ์ง โ†’ sign / indication
  • ํ”„๋žœ์ฐจ์ด์ฆˆ ์นดํŽ˜ โ†’ franchise cafรฉ
  • ์ƒ๊ถŒ โ†’ commercial district
  • ๊ฐ„ํŽธ์‹ ์‹œ์žฅ โ†’ ready-meal market
  • ์„ฑ์ˆ™๊ธฐ โ†’ maturity stage
  • ํฌํ™” ๋‹จ๊ณ„ โ†’ saturation stage
  • ์ˆ˜์š” โ†’ demand
  • ํฌํ™”๋˜๋‹ค โ†’ to become saturated
  • ๋งค์žฅ ํ™•๋Œ€ โ†’ store expansion
  • ์ „์ž์ฑ… ์—…์ฒด โ†’ e-book company
  • ์ถฉ์„ฑ ๊ณ ๊ฐ โ†’ loyal customer
  • ๋งค์ถœ ์ •์ฒด โ†’ stagnant sales
  • ์ˆ˜์ต์„ฑ ์••๋ฐ• โ†’ profitability pressure
  • ๊ณ ๊ฐ ํ™•๋ณด โ†’ customer acquisition
  • ์—ฌ๋ถ€ โ†’ whether or not
  • ์ง„์ž…์ž โ†’ market entrant
  • ์ฐจ๋ณ„ํ™” โ†’ differentiation
Tip ๐Ÿ’ก Saturation language often pairs a market noun with ํฌํ™”, ํฌํ™”๋˜๋‹ค, or ํฌํ™” ์ƒํƒœ.
ย 

Exercise 2 โ€” Oversupply and Demand Slowdown ๐Ÿญ

A. ๋ฐฐํ„ฐ๋ฆฌ ๊ณต์žฅ์ด ๋™์‹œ์— ๋Š˜์–ด๋‚˜๋ฉด์„œ ๏ผฟ๏ผฟ๏ผฟ๏ผฟ ๊ณผ์ž‰ ์šฐ๋ ค๊ฐ€ ์ปค์กŒ์–ด์š”.
โ€œAs battery factories increased at the same time, concerns about oversupply grew.โ€ ๐Ÿ”‹
Answer
๊ณต๊ธ‰ โ€” ๊ณต๊ธ‰ ๊ณผ์ž‰ ์šฐ๋ ค means โ€œconcerns about oversupply.โ€
B. ์†Œ๋น„ ์‹ฌ๋ฆฌ๊ฐ€ ์•ฝํ•ด์ง€๋ฉด ๏ผฟ๏ผฟ๏ผฟ๏ผฟ ๋‘”ํ™”๊ฐ€ ๋‚˜ํƒ€๋‚  ์ˆ˜ ์žˆ์–ด์š”.
โ€œIf consumer sentiment weakens, a demand slowdown can appear.โ€ ๐Ÿ›๏ธ
Answer
์ˆ˜์š” โ€” ์ˆ˜์š” ๋‘”ํ™” means โ€œdemand slowdown.โ€
C. ๊ณต๊ธ‰ ๊ณผ์ž‰์€ ์žฌ๊ณ  ์ฆ๊ฐ€์™€ ๊ฐ€๊ฒฉ ๏ผฟ๏ผฟ๏ผฟ๏ผฟ์„ ๋ถˆ๋Ÿฌ์˜ฌ ์ˆ˜ ์žˆ์–ด์š”.
โ€œOversupply can bring inventory growth and price drops.โ€ ๐Ÿ“ฆ
Answer
ํ•˜๋ฝ โ€” ๊ฐ€๊ฒฉ ํ•˜๋ฝ means โ€œprice decline.โ€
D. ์ˆ˜์š”๊ฐ€ ์˜ˆ์ƒ๋ณด๋‹ค ์•ฝํ•˜๋ฉด ๊ธฐ์—…์€ ์ƒ์‚ฐ๋Ÿ‰์„ ๏ผฟ๏ผฟ๏ผฟ๏ผฟํ•ด์•ผ ํ•ด์š”.
โ€œIf demand is weaker than expected, a company must adjust production volume.โ€ โš™๏ธ
Answer
์กฐ์ • โ€” ์ƒ์‚ฐ๋Ÿ‰์„ ์กฐ์ •ํ•˜๋‹ค means โ€œto adjust production volume.โ€
E. ์žฌ๊ณ ๊ฐ€ ์Œ“์ด๋ฉด ๋ณด๊ด€ ๋น„์šฉ๋„ ํ•จ๊ป˜ ๏ผฟ๏ผฟ๏ผฟ๏ผฟํ•  ์ˆ˜ ์žˆ์–ด์š”.
โ€œWhen inventory piles up, storage costs can also increase.โ€ ๐Ÿš๏ธ
Answer
์ฆ๊ฐ€ โ€” ์ฆ๊ฐ€ํ•˜๋‹ค means โ€œto increase.โ€
F. ๊ณต๊ธ‰ ๊ณผ์ž‰์ด ๊ณ„์†๋˜๋ฉด ๊ธฐ์—…๋“ค์€ ํ• ์ธ ํŒ๋งค์— ๏ผฟ๏ผฟ๏ผฟ๏ผฟํ•˜๊ฒŒ ๋ผ์š”.
โ€œIf oversupply continues, companies come to depend on discount sales.โ€ ๐Ÿท๏ธ
Answer
์˜์กด โ€” ์˜์กดํ•˜๋‹ค means โ€œto depend on.โ€
G. ์ˆ˜์š” ๋‘”ํ™”์™€ ๊ณต๊ธ‰ ๊ณผ์ž‰์ด ๊ฒน์น˜๋ฉด ์‹œ์žฅ ์ถฉ๊ฒฉ์ด ๏ผฟ๏ผฟ๏ผฟ๏ผฟ์งˆ ์ˆ˜ ์žˆ์–ด์š”.
โ€œWhen demand slowdown and oversupply overlap, the market shock can grow bigger.โ€ ๐ŸŒŠ
Answer
์ปค โ€” ์ปค์ง€๋‹ค means โ€œto become larger.โ€
H. ๊ธฐ์—…์€ ํŒ๋งค ์ „๋ง์„ ์ž˜๋ชป ์ฝ์–ด ๊ณผ์ž‰ ๏ผฟ๏ผฟ๏ผฟ๏ผฟ ๋ฌธ์ œ๋ฅผ ๊ฒช์—ˆ์–ด์š”.
โ€œThe company misread the sales outlook and experienced an overproduction problem.โ€ ๐Ÿญ
Answer
์ƒ์‚ฐ โ€” ๊ณผ์ž‰ ์ƒ์‚ฐ means โ€œoverproduction.โ€
I. ๊ฐ€๊ฒฉ ํ•˜๋ฝ์€ ์†Œ๋น„์ž์—๊ฒŒ ์ข‹์„ ์ˆ˜ ์žˆ์ง€๋งŒ ์—…๊ณ„ ๏ผฟ๏ผฟ๏ผฟ๏ผฟ์—๋Š” ๋ถ€๋‹ด์ด ๋ผ์š”.
โ€œPrice drops may be good for consumers, but they burden industry profitability.โ€ ๐Ÿ’ธ
Answer
์ˆ˜์ต์„ฑ โ€” ์—…๊ณ„ ์ˆ˜์ต์„ฑ means โ€œindustry profitability.โ€
J. ์ˆ˜์š” ํšŒ๋ณต์ด ๋Šฆ์–ด์ง€๋ฉด ๊ณต๊ธ‰ ๊ณผ์ž‰ ๋ฌธ์ œ๊ฐ€ ์žฅ๊ธฐํ™”๋  ๏ผฟ๏ผฟ๏ผฟ๏ผฟ์ด ์žˆ์–ด์š”.
โ€œIf demand recovery is delayed, the oversupply problem may become prolonged.โ€ โณ
Answer
๊ฐ€๋Šฅ์„ฑ โ€” ๊ฐ€๋Šฅ์„ฑ์ด ์žˆ๋‹ค means โ€œthere is a possibility.โ€
๐Ÿ“š
Vocabulary Box
  • ๋ฐฐํ„ฐ๋ฆฌ ๊ณต์žฅ โ†’ battery factory
  • ๋™์‹œ์— โ†’ at the same time
  • ๊ณต๊ธ‰ ๊ณผ์ž‰ โ†’ oversupply
  • ์šฐ๋ ค โ†’ concern
  • ์†Œ๋น„ ์‹ฌ๋ฆฌ โ†’ consumer sentiment
  • ์•ฝํ•ด์ง€๋‹ค โ†’ to weaken
  • ์ˆ˜์š” ๋‘”ํ™” โ†’ demand slowdown
  • ์žฌ๊ณ  ์ฆ๊ฐ€ โ†’ inventory increase
  • ๊ฐ€๊ฒฉ ํ•˜๋ฝ โ†’ price decline
  • ์ƒ์‚ฐ๋Ÿ‰ โ†’ production volume
  • ์กฐ์ •ํ•˜๋‹ค โ†’ to adjust
  • ๋ณด๊ด€ ๋น„์šฉ โ†’ storage cost
  • ์ฆ๊ฐ€ํ•˜๋‹ค โ†’ to increase
  • ํ• ์ธ ํŒ๋งค โ†’ discount sale
  • ์˜์กดํ•˜๋‹ค โ†’ to depend on
  • ๊ฒน์น˜๋‹ค โ†’ to overlap
  • ์‹œ์žฅ ์ถฉ๊ฒฉ โ†’ market shock
  • ๊ณผ์ž‰ ์ƒ์‚ฐ โ†’ overproduction
  • ์ˆ˜์ต์„ฑ โ†’ profitability
  • ์žฅ๊ธฐํ™”๋˜๋‹ค โ†’ to become prolonged
  • ๊ฐ€๋Šฅ์„ฑ โ†’ possibility
Tip ๐Ÿ’ก ๊ณต๊ธ‰ ๊ณผ์ž‰ describes too much supply; ์ˆ˜์š” ๋‘”ํ™” describes weakening buyer demand.
ย 

Exercise 3 โ€” Red Ocean Competition ๐ŸŒŠ

A. ์ด๋ฏธ ๊ฒฝ์Ÿ์ž๊ฐ€ ๋งŽ์€ ๋ฐฐ๋‹ฌ ์‹œ์žฅ์€ ๋Œ€ํ‘œ์ ์ธ ๏ผฟ๏ผฟ๏ผฟ๏ผฟ์œผ๋กœ ๋ถˆ๋ ค์š”.
โ€œThe delivery market, already full of competitors, is called a representative red ocean.โ€ ๐Ÿ›ต
Answer
๋ ˆ๋“œ์˜ค์…˜ โ€” A crowded market with intense competition.
B. ๋ ˆ๋“œ์˜ค์…˜์—์„œ๋Š” ๊ณ ๊ฐ์„ ๋นผ์•—๊ธฐ ์œ„ํ•œ ๏ผฟ๏ผฟ๏ผฟ๏ผฟ ๊ฒฝ์Ÿ์ด ์ž์ฃผ ๋ฒŒ์–ด์ ธ์š”.
โ€œIn a red ocean, price competition to take customers often breaks out.โ€ ๐Ÿ’ธ
Answer
๊ฐ€๊ฒฉ โ€” ๊ฐ€๊ฒฉ ๊ฒฝ์Ÿ means โ€œprice competition.โ€
C. ๊ฒฝ์Ÿ์ด ๏ผฟ๏ผฟ๏ผฟ๏ผฟ๋˜๋ฉด ๊ด‘๊ณ ๋น„์™€ ํŒ์ด‰๋น„๊ฐ€ ๋Š˜์–ด๋‚˜์š”.
โ€œWhen competition intensifies, advertising and promotion costs rise.โ€ ๐Ÿ“ฃ
Answer
์‹ฌํ™” โ€” ์‹ฌํ™”๋˜๋‹ค means โ€œto intensify.โ€
D. ๋น„์Šทํ•œ ๊ธฐ๋Šฅ๋งŒ์œผ๋กœ๋Š” ๋ ˆ๋“œ์˜ค์…˜์—์„œ ๏ผฟ๏ผฟ๏ผฟ๏ผฟ ์–ด๋ ต์Šต๋‹ˆ๋‹ค.
โ€œIt is difficult to survive in a red ocean with only similar features.โ€ ๐Ÿ›Ÿ
Answer
์‚ด์•„๋‚จ๊ธฐ โ€” ์‚ด์•„๋‚จ๊ธฐ ์–ด๋ ต๋‹ค means โ€œit is difficult to survive.โ€
E. ๋ธ”๋ฃจ์˜ค์…˜์€ ๊ฒฝ์Ÿ์ด ๋œํ•œ ์ƒˆ๋กœ์šด ๏ผฟ๏ผฟ๏ผฟ๏ผฟ๋ฅผ ๋œปํ•ด์š”.
โ€œA blue ocean means a new market with less competition.โ€ ๐ŸŸฆ
Answer
์‹œ์žฅ โ€” ๋ธ”๋ฃจ์˜ค์…˜ contrasts with ๋ ˆ๋“œ์˜ค์…˜.
F. ๋ ˆ๋“œ์˜ค์…˜ ์ „๋žต์€ ๊ธฐ์กด ๊ณ ๊ฐ์„ ๋‘๊ณ  ๊ฒฝ์Ÿํ•˜๋Š” ๏ผฟ๏ผฟ๏ผฟ๏ผฟ๊ฐ€ ๊ฐ•ํ•ด์š”.
โ€œA red ocean strategy strongly tends to compete over existing customers.โ€ ๐Ÿ‘ฅ
Answer
์„ฑ๊ฒฉ โ€” ์„ฑ๊ฒฉ์ด ๊ฐ•ํ•˜๋‹ค means โ€œto have a strong character / tendency.โ€
G. ์—…์ฒด ์ˆ˜๊ฐ€ ๋งŽ์•„์งˆ์ˆ˜๋ก ์‹œ์žฅ ๋‚ด ๏ผฟ๏ผฟ๏ผฟ๏ผฟ ์••๋ฐ•๋„ ์ปค์ ธ์š”.
โ€œAs the number of companies increases, competitive pressure within the market also grows.โ€ ๐Ÿข
Answer
๊ฒฝ์Ÿ โ€” ๊ฒฝ์Ÿ ์••๋ฐ• means โ€œcompetitive pressure.โ€
H. ๊ฐ€๊ฒฉ๋งŒ ๋‚ฎ์ถ”๋Š” ์ „๋žต์€ ์žฅ๊ธฐ์ ์œผ๋กœ ๏ผฟ๏ผฟ๏ผฟ๏ผฟ์„ ํ•ด์น  ์ˆ˜ ์žˆ์–ด์š”.
โ€œA strategy of only lowering prices can harm profitability in the long term.โ€ ๐Ÿงพ
Answer
์ˆ˜์ต์„ฑ โ€” Price wars often damage profitability.
I. ๋ ˆ๋“œ์˜ค์…˜์—์„œ ๋ธŒ๋žœ๋“œ๋Š” ๊ณ ๊ฐ ๊ฒฝํ—˜์„ ํ†ตํ•ด ๏ผฟ๏ผฟ๏ผฟ๏ผฟ๋ฅผ ๋งŒ๋“ค์–ด์•ผ ํ•ด์š”.
โ€œIn a red ocean, a brand must create differentiation through customer experience.โ€ โœจ
Answer
์ฐจ๋ณ„ํ™” โ€” Differentiation helps avoid pure price competition.
J. ๊ฒฝ์Ÿ ๊ณผ์—ด์€ ๊ธฐ์—…์˜ ํˆฌ์ž ์—ฌ๋ ฅ์„ ๏ผฟ๏ผฟ๏ผฟ๏ผฟ์‹œํ‚ฌ ์ˆ˜ ์žˆ์–ด์š”.
โ€œOverheated competition can weaken a companyโ€™s capacity to invest.โ€ ๐Ÿ”‹
Answer
์•ฝํ™” โ€” ์•ฝํ™”์‹œํ‚ค๋‹ค means โ€œto weaken.โ€
๐Ÿ“š
Vocabulary Box
  • ๋ฐฐ๋‹ฌ ์‹œ์žฅ โ†’ delivery market
  • ๋Œ€ํ‘œ์ ์ธ โ†’ representative / typical
  • ๋ ˆ๋“œ์˜ค์…˜ โ†’ crowded competitive market
  • ๊ณ ๊ฐ โ†’ customer
  • ๋นผ์•—๋‹ค โ†’ to take away
  • ๊ฐ€๊ฒฉ ๊ฒฝ์Ÿ โ†’ price competition
  • ๋ฒŒ์–ด์ง€๋‹ค โ†’ to take place / break out
  • ๊ฒฝ์Ÿ์ด ์‹ฌํ™”๋˜๋‹ค โ†’ competition intensifies
  • ๊ด‘๊ณ ๋น„ โ†’ advertising cost
  • ํŒ์ด‰๋น„ โ†’ promotion cost
  • ๊ธฐ๋Šฅ โ†’ function / feature
  • ์‚ด์•„๋‚จ๋‹ค โ†’ to survive
  • ๋ธ”๋ฃจ์˜ค์…˜ โ†’ blue ocean / untapped market
  • ์„ฑ๊ฒฉ โ†’ character / tendency
  • ๊ฒฝ์Ÿ ์••๋ฐ• โ†’ competitive pressure
  • ์ˆ˜์ต์„ฑ โ†’ profitability
  • ๊ณ ๊ฐ ๊ฒฝํ—˜ โ†’ customer experience
  • ์ฐจ๋ณ„ํ™” โ†’ differentiation
  • ๊ฒฝ์Ÿ ๊ณผ์—ด โ†’ overheated competition
  • ํˆฌ์ž ์—ฌ๋ ฅ โ†’ investment capacity
  • ์•ฝํ™”์‹œํ‚ค๋‹ค โ†’ to weaken something
Tip ๐Ÿ’ก ๋ ˆ๋“œ์˜ค์…˜ is vivid business jargon; use ์‹œ์žฅ ํฌํ™” when you need a more analytical tone.
ย 

Exercise 4 โ€” Strategic Responses ๐Ÿงญ

A. ํฌํ™” ์‹œ์žฅ์—์„œ ๊ธฐ์—…์€ ์ œํ’ˆ ๏ผฟ๏ผฟ๏ผฟ๏ผฟ๋ฅผ ํ†ตํ•ด ๋ˆˆ์— ๋„์–ด์•ผ ํ•ด์š”.
โ€œIn a saturated market, a company must stand out through product differentiation.โ€ ๐Ÿงด
Answer
์ฐจ๋ณ„ํ™” โ€” ์ œํ’ˆ ์ฐจ๋ณ„ํ™” means โ€œproduct differentiation.โ€
B. ๊ธฐ์กด ๊ณ ๊ฐ์˜ ์ดํƒˆ์„ ๋ง‰์œผ๋ ค๋ฉด ์„œ๋น„์Šค ํ’ˆ์งˆ์„ ๏ผฟ๏ผฟ๏ผฟ๏ผฟํ•ด์•ผ ํ•ด์š”.
โ€œTo prevent existing customers from leaving, service quality must be strengthened.โ€ ๐Ÿ›Ž๏ธ
Answer
๊ฐ•ํ™” โ€” ๊ฐ•ํ™”ํ•˜๋‹ค means โ€œto strengthen.โ€
C. ๋ธŒ๋žœ๋“œ๋Š” ์ข์€ ๊ณ ๊ฐ์ธต์„ ๊ฒจ๋ƒฅํ•˜๋Š” ๏ผฟ๏ผฟ๏ผฟ๏ผฟ ์ „๋žต์„ ์„ ํƒํ–ˆ์–ด์š”.
โ€œThe brand chose a niche strategy targeting a narrow customer segment.โ€ ๐ŸŽฏ
Answer
ํ‹ˆ์ƒˆ โ€” ํ‹ˆ์ƒˆ ์ „๋žต means โ€œniche strategy.โ€
D. ์‹œ์žฅ ํฌํ™”๋ฅผ ํ”ผํ•˜๋ ค๊ณ  ํšŒ์‚ฌ๋Š” ํ•ด์™ธ ๏ผฟ๏ผฟ๏ผฟ๏ผฟ์„ ์ถ”์ง„ํ–ˆ์–ด์š”.
โ€œTo avoid market saturation, the company pursued overseas expansion.โ€ โœˆ๏ธ
Answer
์ง„์ถœ โ€” ํ•ด์™ธ ์ง„์ถœ means โ€œoverseas expansion / entry.โ€
E. ๊ฐ€๊ฒฉ ๊ฒฝ์Ÿ ๋Œ€์‹  ๊ณ ๊ฐ ๊ฒฝํ—˜์„ ๊ฐœ์„ ํ•˜๋Š” ์ „๋žต์ด ๋” ๏ผฟ๏ผฟ๏ผฟ๏ผฟ์ผ ์ˆ˜ ์žˆ์–ด์š”.
โ€œA strategy of improving customer experience instead of price competition may be more sustainable.โ€ ๐ŸŒฑ
Answer
์ง€์† ๊ฐ€๋Šฅ โ€” ์ง€์† ๊ฐ€๋Šฅํ•˜๋‹ค means โ€œto be sustainable.โ€
F. ์ƒˆ ์ˆ˜์š”๋ฅผ ๋งŒ๋“ค๋ ค๋ฉด ๊ธฐ์กด ์ œํ’ˆ์˜ ์‚ฌ์šฉ ๏ผฟ๏ผฟ๏ผฟ๏ผฟ๋ฅผ ๋„“ํ˜€์•ผ ํ•ด์š”.
โ€œTo create new demand, a company must broaden the use cases of an existing product.โ€ ๐Ÿงฐ
Answer
์šฉ๋„ โ€” ์‚ฌ์šฉ ์šฉ๋„ means โ€œuse / application.โ€
G. ๊ธฐ์—…์€ ์ถฉ์„ฑ ๊ณ ๊ฐ์„ ์œ ์ง€ํ•˜๊ธฐ ์œ„ํ•ด ๋ฉค๋ฒ„์‹ญ ๏ผฟ๏ผฟ๏ผฟ๏ผฟ์„ ๊ฐœํŽธํ–ˆ์–ด์š”.
โ€œThe company restructured its membership benefits to retain loyal customers.โ€ ๐ŸŽ
Answer
ํ˜œํƒ โ€” ๋ฉค๋ฒ„์‹ญ ํ˜œํƒ means โ€œmembership benefits.โ€
H. ์ˆ˜์ต์„ฑ ์•…ํ™”๋ฅผ ๋ง‰๊ธฐ ์œ„ํ•ด ๋น„์šฉ ๊ตฌ์กฐ๋ฅผ ๏ผฟ๏ผฟ๏ผฟ๏ผฟํ–ˆ์–ด์š”.
โ€œTo prevent profitability deterioration, the company improved its cost structure.โ€ ๐Ÿงฎ
Answer
๊ฐœ์„  โ€” ๊ฐœ์„ ํ•˜๋‹ค means โ€œto improve.โ€
I. ๊ธฐ์ˆ  ํ˜์‹ ์€ ํฌํ™” ์‹œ์žฅ์—์„œ๋„ ์ƒˆ๋กœ์šด ์„ฑ์žฅ ๏ผฟ๏ผฟ๏ผฟ๏ผฟ๋ฅผ ๋งŒ๋“ค ์ˆ˜ ์žˆ์–ด์š”.
โ€œTechnological innovation can create new growth engines even in a saturated market.โ€ ๐Ÿš€
Answer
๋™๋ ฅ โ€” ์„ฑ์žฅ ๋™๋ ฅ means โ€œgrowth engine / growth driver.โ€
J. ์ฐจ๋ณ„ํ™” ์ „๋žต์ด ์—†์œผ๋ฉด ๊ธฐ์—…์€ ๊ฐ€๊ฒฉ ๊ฒฝ์Ÿ์— ๏ผฟ๏ผฟ๏ผฟ๏ผฟ๋  ๊ฐ€๋Šฅ์„ฑ์ด ์ปค์š”.
โ€œWithout a differentiation strategy, a company is more likely to be swept into price competition.โ€ ๐ŸŒช๏ธ
Answer
ํœ˜๋ง๋ฆฌ๊ฒŒ โ€” ํœ˜๋ง๋ฆฌ๋‹ค means โ€œto get swept up / caught up in.โ€
๐Ÿ“š
Vocabulary Box
  • ํฌํ™” ์‹œ์žฅ โ†’ saturated market
  • ์ œํ’ˆ ์ฐจ๋ณ„ํ™” โ†’ product differentiation
  • ๋ˆˆ์— ๋„๋‹ค โ†’ to stand out
  • ๊ธฐ์กด ๊ณ ๊ฐ โ†’ existing customer
  • ์ดํƒˆ โ†’ departure / churn
  • ์„œ๋น„์Šค ํ’ˆ์งˆ โ†’ service quality
  • ๊ฐ•ํ™”ํ•˜๋‹ค โ†’ to strengthen
  • ๊ณ ๊ฐ์ธต โ†’ customer segment
  • ๊ฒจ๋ƒฅํ•˜๋‹ค โ†’ to target
  • ํ‹ˆ์ƒˆ ์ „๋žต โ†’ niche strategy
  • ํ•ด์™ธ ์ง„์ถœ โ†’ overseas expansion
  • ์ง€์† ๊ฐ€๋Šฅํ•˜๋‹ค โ†’ to be sustainable
  • ์‚ฌ์šฉ ์šฉ๋„ โ†’ use / application
  • ์ถฉ์„ฑ ๊ณ ๊ฐ โ†’ loyal customer
  • ๋ฉค๋ฒ„์‹ญ ํ˜œํƒ โ†’ membership benefits
  • ๊ฐœํŽธํ•˜๋‹ค โ†’ to reorganize
  • ๋น„์šฉ ๊ตฌ์กฐ โ†’ cost structure
  • ๊ฐœ์„ ํ•˜๋‹ค โ†’ to improve
  • ๊ธฐ์ˆ  ํ˜์‹  โ†’ technological innovation
  • ์„ฑ์žฅ ๋™๋ ฅ โ†’ growth engine
  • ํœ˜๋ง๋ฆฌ๋‹ค โ†’ to get swept up in
Tip ๐Ÿ’ก In saturated markets, Korean strategy language often shifts from diagnosis to response: ์ฐจ๋ณ„ํ™”, ํ‹ˆ์ƒˆ ์ „๋žต, ํ•ด์™ธ ์ง„์ถœ, and ๊ณ ๊ฐ ๊ฒฝํ—˜ ๊ฐœ์„ .
ย 

Exercise 5 โ€” Mixed Mastery + Pitfall Patrol ๐Ÿ›ก๏ธ

A. โŒ ์‹œ์žฅ์ด ๋ฐฐ๋ถˆ๋Ÿฌ์š” โ†’ โœ… ์‹œ์žฅ์ด ๏ผฟ๏ผฟ๏ผฟ๏ผฟ ์ƒํƒœ์˜ˆ์š”.
โ€œWrong: The market is full like a person. Right: The market is saturated.โ€ ๐Ÿฝ๏ธ
Answer
ํฌํ™” โ€” ๋ฐฐ๋ถ€๋ฅด๋‹ค is for people after eating; markets are ํฌํ™” ์ƒํƒœ.
B. โŒ ๊ฒฝ์Ÿ์ด ๊นŠ์–ด์กŒ์–ด์š” โ†’ โœ… ๊ฒฝ์Ÿ์ด ๏ผฟ๏ผฟ๏ผฟ๏ผฟ๋˜์—ˆ์–ด์š”.
โ€œWrong: Competition became deep. Right: Competition intensified.โ€ ๐Ÿ”ฅ
Answer
์‹ฌํ™” โ€” ๊ฒฝ์Ÿ์ด ์‹ฌํ™”๋˜๋‹ค is the natural formal expression.
C. โŒ ์–ด๋ ค์šด ์‚ฌ์—…์€ ์ „๋ถ€ ๋ ˆ๋“œ์˜ค์…˜์ด์—์š” โ†’ โœ… ๋ ˆ๋“œ์˜ค์…˜์€ ๊ฒฝ์Ÿ์ž๊ฐ€ ๋งŽ์€ ๏ผฟ๏ผฟ๏ผฟ๏ผฟ ์‹œ์žฅ์ด์—์š”.
โ€œWrong: Every difficult business is a red ocean. Right: A red ocean is an already crowded competitive market.โ€ ๐ŸŒŠ
Answer
ํฌํ™”๋œ โ€” ๋ ˆ๋“œ์˜ค์…˜ specifically suggests saturation and intense competition.
D. โŒ ๊ณต๊ธ‰์ด ๋„ˆ๋ฌด ๋งŽ์Œ โ†’ โœ… ๏ผฟ๏ผฟ๏ผฟ๏ผฟ ๊ณผ์ž‰
โ€œWrong: too much supply. Right: oversupply.โ€ ๐Ÿญ
Answer
๊ณต๊ธ‰ โ€” ๊ณต๊ธ‰ ๊ณผ์ž‰ is the compact formal noun phrase.
E. โŒ ๊ฐ€๊ฒฉ๋งŒ ๋‚ฎ์ถ”๋ฉด ํ•ด๊ฒฐ๋ผ์š” โ†’ โœ… ๊ฐ€๊ฒฉ ๊ฒฝ์Ÿ์€ ๏ผฟ๏ผฟ๏ผฟ๏ผฟ์„ ์•…ํ™”์‹œํ‚ฌ ์ˆ˜ ์žˆ์–ด์š”.
โ€œWrong: Just lower prices and it is solved. Right: Price competition can worsen profitability.โ€ ๐Ÿ’ธ
Answer
์ˆ˜์ต์„ฑ โ€” Price cuts may increase sales volume but hurt profitability.
F. ์‹œ์žฅ ํฌํ™”์™€ ๊ณต๊ธ‰ ๊ณผ์ž‰์ด ๋™์‹œ์— ๋‚˜ํƒ€๋‚˜๋ฉด ๏ผฟ๏ผฟ๏ผฟ๏ผฟ ๊ฒฝ์Ÿ์ด ์‹ฌํ•ด์งˆ ์ˆ˜ ์žˆ์–ด์š”.
โ€œWhen market saturation and oversupply appear at the same time, price competition can worsen.โ€ ๐Ÿท๏ธ
Answer
๊ฐ€๊ฒฉ โ€” ๊ฐ€๊ฒฉ ๊ฒฝ์Ÿ is a common result of crowded markets.
G. ์ˆ˜์š” ๋‘”ํ™”๊ฐ€ ๊ณ„์†๋˜๋ฉด ์‹ ๊ทœ ํˆฌ์ž๋ฅผ ๏ผฟ๏ผฟ๏ผฟ๏ผฟํ•˜๋Š” ๊ธฐ์—…์ด ๋Š˜ ์ˆ˜ ์žˆ์–ด์š”.
โ€œIf demand slowdown continues, more companies may postpone new investment.โ€ โธ๏ธ
Answer
์—ฐ๊ธฐ โ€” ํˆฌ์ž๋ฅผ ์—ฐ๊ธฐํ•˜๋‹ค means โ€œto postpone investment.โ€
H. ๋ ˆ๋“œ์˜ค์…˜์—์„œ ์‚ด์•„๋‚จ์œผ๋ ค๋ฉด ๊ฐ€๊ฒฉ๋ณด๋‹ค ๏ผฟ๏ผฟ๏ผฟ๏ผฟ ๊ฒฝํ—˜์„ ๊ฐœ์„ ํ•ด์•ผ ํ•ด์š”.
โ€œTo survive in a red ocean, a company should improve customer experience rather than only price.โ€ ๐Ÿง‘โ€๐Ÿ’ผ
Answer
๊ณ ๊ฐ โ€” ๊ณ ๊ฐ ๊ฒฝํ—˜ means โ€œcustomer experience.โ€
I. ๊ณผ๋ฐ€ ์‹œ์žฅ์ด๋ผ๋Š” ํ‘œํ˜„์€ ๋ ˆ๋“œ์˜ค์…˜๋ณด๋‹ค ๋œ ๋น„์œ ์ ์ด๊ณ  ๋” ๏ผฟ๏ผฟ๏ผฟ๏ผฟ์ ์ด์—์š”.
โ€œThe expression โ€˜overcrowded marketโ€™ is less figurative and more descriptive than โ€˜red ocean.โ€™โ€ ๐Ÿ“
Answer
๋ฌ˜์‚ฌ โ€” ๋ฌ˜์‚ฌ์  means โ€œdescriptive.โ€
J. ์ตœ์ข… ์ ๊ฒ€: ์‹œ์žฅ ํฌํ™”๋Š” ์›์ธ ํ•˜๋‚˜๊ฐ€ ์•„๋‹ˆ๋ผ ์ˆ˜์š”, ๊ณต๊ธ‰, ๊ฒฝ์Ÿ ๊ตฌ์กฐ๊ฐ€ ํ•จ๊ป˜ ๋งŒ๋“œ๋Š” ๏ผฟ๏ผฟ๏ผฟ๏ผฟ์ด์—์š”.
โ€œFinal check: Market saturation is not one single cause; it is a phenomenon created together by demand, supply, and competitive structure.โ€ ๐Ÿงฉ
Answer
ํ˜„์ƒ โ€” ํ˜„์ƒ means โ€œphenomenon,โ€ a useful analytical noun.
๐Ÿ“š
Vocabulary Box
  • ๋ฐฐ๋ถ€๋ฅด๋‹ค โ†’ to be full after eating
  • ์‹œ์žฅ ํฌํ™” โ†’ market saturation
  • ํฌํ™” ์ƒํƒœ โ†’ saturated state
  • ๊ฒฝ์Ÿ์ด ์‹ฌํ™”๋˜๋‹ค โ†’ competition intensifies
  • ๋ ˆ๋“œ์˜ค์…˜ โ†’ crowded competitive market
  • ํฌํ™”๋œ ์‹œ์žฅ โ†’ saturated market
  • ๊ณต๊ธ‰ ๊ณผ์ž‰ โ†’ oversupply
  • ๊ฐ€๊ฒฉ ๊ฒฝ์Ÿ โ†’ price competition
  • ์ˆ˜์ต์„ฑ โ†’ profitability
  • ์•…ํ™”์‹œํ‚ค๋‹ค โ†’ to worsen something
  • ์ˆ˜์š” ๋‘”ํ™” โ†’ demand slowdown
  • ์‹ ๊ทœ ํˆฌ์ž โ†’ new investment
  • ์—ฐ๊ธฐํ•˜๋‹ค โ†’ to postpone
  • ๊ณ ๊ฐ ๊ฒฝํ—˜ โ†’ customer experience
  • ๊ณผ๋ฐ€ ์‹œ์žฅ โ†’ overcrowded market
  • ๋น„์œ ์  โ†’ figurative
  • ๋ฌ˜์‚ฌ์  โ†’ descriptive
  • ์ˆ˜์š” โ†’ demand
  • ๊ณต๊ธ‰ โ†’ supply
  • ๊ฒฝ์Ÿ ๊ตฌ์กฐ โ†’ competitive structure
  • ํ˜„์ƒ โ†’ phenomenon
Tip ๐Ÿ’ก Pitfall patrol is about collocation: markets are ํฌํ™” ์ƒํƒœ, competition ์‹ฌํ™”๋˜๋‹ค, and profitability ์•…ํ™”๋˜๋‹ค.
ย 
๐ŸŽ‰ You made it through the red ocean without getting eaten by the sharks of vague vocabulary. Next time you see ์‹œ์žฅ ํฌํ™”, ๊ณต๊ธ‰ ๊ณผ์ž‰, or ๊ฒฝ์Ÿ ์‹ฌํ™” in a Korean article, youโ€™ll know whether the passage is diagnosing the market, naming the cause, or warning about the strategic fallout. ๐Ÿฆˆ๐Ÿ“ˆ