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Selfie Sticks, Super Foods and Diapers – Auction’s 2014 Retail Trends

Selfie Sticks, Super Foods and Diapers – Auction’s 2014 Retail Trends

SEOUL, Dec. 23 (Korea Bizwire) — Auction, a Korean e-commerce company, unveiled four key retail trends that shaped 2014 based on its own customer analytics, including analysis of the fifteen bestselling products through ‘All Kill,’ Auction’s hot deal section on its retail website. Auction’s four key retail trends can be abbreviated to ‘SNS MOM.’ The [...]

Auction Says, “Retired Baby Boomers Are Quickly Turning into Pet Boomers”

Auction Says, “Retired Baby Boomers Are Quickly Turning into Pet Boomers”

SEOUL, Aug. 13 (Korea Bizwire) — A recent study shows that the retired “baby boomers” are rapidly turning into “pet boomers.” According to a study conducted by Auction, Korea’s online auction and e-commerce company, on the sales of pet products on its website, the sales from buyers who are in the age group of 50s and [...]

“58% of the Thumb Generation Shops at Home,” Auction

“58% of the Thumb Generation Shops at Home,” Auction

SEOUL, Korea, April 15, 2014 (Korea Bizwire) – The so-called “thumb generation” takes home for their most preferred shopping place, according to a survey. According to Auction, an open market operator, which conducted the survey asking its 1,590 members last month, almost six out of ten respondents (58%) answered that they do mobile shopping “when [...]