SEOUL, Feb. 19 (Korea Bizwire) – The aggressive entry of Chinese e-commerce companies into the South Korean market, leveraging ultra-low prices, has raised concerns over their compliance with local laws. Criticisms are mounting as these firms are accused of frequently making use of advertisements that violate regulations through mobile applications and other digital channels, and showing [...]
SEOUL, Aug. 29 (Korea Bizwire) — South Korea’s drug safety ministry said Monday it has asked the Korea Cosmetics Association and the Korea Communications Commission to prevent access to and remove 155 online cosmetics advertisements that make claims about their effectiveness, like aiding with ‘diet’ or ‘body shape maintenance’. The ministry also requested that administrative bodies overseeing [...]
SEOUL, Feb. 20 (Korea Bizwire) — Social media advertising, in general, targets young people, but older consumers are more likely to make purchases after being exposed to social media advertisements, a report showed Sunday. The report, which was published in the Journal of the Korea Contents Association, analyzed the results of a survey that the [...]
SEOUL, Feb. 10 (Korea Bizwire) — South Korea’s advertising market grew at the fastest-ever pace in 2021 on a surge in digital advertisements amid the coronavirus pandemic, a report showed Thursday. Advertising expenses in Asia’s fourth-largest economy amounted to 13.99 trillion won (US$11.7 billion) last year, up 20.4 percent from a year earlier, according to [...]
SEOUL, Feb. 7 (Korea Bizwire) — Samsung Electronics Co. has rolled out three-dimensional outdoor advertisements in five major cities around the world to promote of the upcoming Samsung Galaxy Unpacked 2022, which will be held on Wednesday. Samsung’s ‘Tiger in the City’ ad has been put up in New York City’s Times Square, the Piccadilly [...]
SEOUL, April 20 (Korea Bizwire) — The Seoul Metropolitan Government plans to carry out a pilot project to place digital advertisements on taxi lamps following the launch of similar initiatives in Daejeon and Incheon. The Ministry of the Interior and Safety and Ministry of Land, Infrastructure and Transport began a pilot project allowing advertisements on [...]
SEOUL, Feb. 11 (Korea Bizwire) — A South Korean court has ruled that 1+1 purchasing events cannot be seen as ‘exaggerated advertisements’ if the price of the product is cheaper during the event. Seoul High Court, in a case filed by hypermarket chain operators Homeplus Co. and Homeplus Stores Co. against the Fair Trade Commission [...]
SEOUL, Jan. 9 (Korea Bizwire) — About 60 percent of South Koreans say that advertisements for financial products are exaggerated, a survey showed Wednesday, underscoring customers’ mistrust towards the sector as a whole. The survey, conducted by Gallup Korea and commissioned by the Financial Services Commission (FSC), showed that 60.7 percent of the 2,194 respondents [...]
SEOUL, May 18 (Korea Bizwire) — According to a study, one in eight people buy cigarettes on impulse after viewing cigarette advertisements or cigarette packs on display at convenience stores. Moreover, the same study showed that 1.9 percent of non-smokers had purchased cigarettes on impulse. The study, carried out by Prof. Cho Seong-il and his [...]