consumer trend Archives | Be Korea-savvy

Big Data Analysis Predicts Consumer Trends for 2017

SEOUL, Jan. 2 (Korea Bizwire) – The year of 2016 was marked by several changes in consumption patterns, including the emergence of DIY activities like drinking or eating alone, the tendency to make bold purchases on a few things deemed important, despite cutting down on overall consumption, and thrift shopping without overthinking the perceptions of [...]

Check Card Goes Mainstream in Korea

SEOUL, Korea, Mar 13, 2014 (Korea Bizwire) – A quiet-but-fundamental change is under way in the credit card industry. The check card, also known as the debit card, is fast replacing the credit card as the main means of payment after 14 years since LG Card began issuing the card in 2000 for the first [...]