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Korean Direct Overseas Purchases Double on Black Friday

Korean Direct Overseas Purchases Double on Black Friday

SEOUL, Nov.30 (Korea Bizwire) – Americans were not the only shoppers to embrace Black Friday sales, as Koreans flocked to online stores to take advantage of huge discounts. According to Mall Tail, the largest domestic overseas online shopping agent, the number of consumers who visited their site doubled on November 28 (which was November 27 [...]

Retailers Slash Electronics Prices for Black Friday

Retailers Slash Electronics Prices for Black Friday

SEOUL, Nov.19 (Korea Bizwire) – The ‘original’ Black Friday is just 10 days away, drawing the attention of Korean ‘direct overseas shoppers’ as well as local consumers. After Black Friday, which falls on November 27, and Cyber Monday on November 30, huge sales will continue until the end of the year. During this period, consumers [...]

Credit Card Wars Start as Black Friday Approaches

Credit Card Wars Start as Black Friday Approaches

SEOUL, Nov.9 (Korea Bizwire) – With the American ‘Black Friday’ shopping frenzy only three weeks away, the credit card industry has ramped up marketing efforts, targeting those who make direct overseas purchases. As the number of people who make overseas purchases is increasing rapidly, credit card companies have started their promotions earlier than in previous [...]

First Korean Black Friday Gets Better Grades Than Expected

First Korean Black Friday Gets Better Grades Than Expected

SEJONG, Oct. 15 (Korea Bizwire) – The first Korean ‘Black Friday’ shopping event, which was initiated by the government and promoted across the country over the past two weeks, ended on October 14. The event was a desperate attempt by the government to boost consumption, with domestic demand frozen and exports low. The promotion benchmarked [...]

S. Korea to Host Black Friday Sales Event in Early Oct.

S. Korea to Host Black Friday Sales Event in Early Oct.

SEJONG, Sept. 22 (Korea Bizwire) — South Korea will host its own Black Friday super sales festival in early October to stimulate domestic spending critical for generating economic growth, the government said Tuesday. Asia’s fourth-largest economy has been hit hard by sagging exports and still weak consumer spending. Outbound shipments fell 14.9 percent on-year in [...]

[Kobiz Feature] What Distinguishes You from “Smart Shoppers”

[Kobiz Feature] What Distinguishes You from “Smart Shoppers”

SEOUL, Korea, Dec 12 (Korea Bizwire) – At the end of the last month arrived Black Friday, the biggest shopping season of the year in the United States. Black Friday, the time when the shoppers can enjoy tremendous benefits, even had an impact on the Korean retail industry. During the Black Friday shopping season this year Korean [...]