Korean Consumers Archives | Be Korea-savvy
Rising Fear of Chemicals in Daily Products Affects Sales

Rising Fear of Chemicals in Daily Products Affects Sales

SEOUL, May 14 (Korea Bizwire) – With the latest controversy over the humidifier sterilizer scandal, consumers are become more anxious regarding daily products that contain chemicals. Fear and suspicion over chemical content are causing an overall decline in purchases of these products. Experts advise that the widespread fear over general daily products is unnecessary, and [...]

Korean Consumers Turn Towards Softer Liquor

Korean Consumers Turn Towards Softer Liquor

SEJONG, Dec.28 (Korea Bizwire) – As people start to avoid heavy drinking and turn their preference towards softer alcoholic beverages, the consumption of beer in Korea has increased while the consumption of soju has gone downhill. According to an investigation conducted by the Ministry of Agriculture, Food and Rural Affairs and Korea Agro-Fisheries & Food [...]

Splurging on Home Appliances While Saving on Telecom and Education

Splurging on Home Appliances While Saving on Telecom and Education

SEOUL, Korea, Mar 29, 2014 (Korea Bizwire) – Last year, household consumption spending has increased 1.2 percent, year on year, which seemed rather slow. The fluctuation was seen here and there depending on the areas of expenditure.  On March 28, the Bank of Korea said, the sales of furniture and home appliances such as air-conditioners [...]

Offline Direct Purchase Stores Arise with Some Side Effects

Offline Direct Purchase Stores Arise with Some Side Effects

SEOUL, Korea, Mar 29, 2014  (Korea Bizwire) — The new trend of “direct purchase” (of foreign goods) online — through which the local consumers can afford to buy cheaper ones from overseas as opposed to the usual buying pattern of importation goods — has evolved into the form of offline “direct purchase store.” At direct [...]

“How to Deal with Black Consumer”: Major Issue for Retailers

“How to Deal with Black Consumer”: Major Issue for Retailers

SEOUL, South Korea, Sept 23 (Korea Bizwire) – The so-called “black consumer” is a major headache for retailers and companies making consumer goods. Recently a discount store in Seoul had a run-in with a middle-aged woman who claimed that she lost something she stored four months ago in a locker inside the store. She threw [...]

Korean Consumers Love Their Cultural Life, But Feel Pressed by Medical Cost

Korean Consumers Love Their Cultural Life, But Feel Pressed by Medical Cost

SEOUL, Korea, Sep 06 (Korea Bizwire) – Korean consumers are happy with their money spent on cultural and leisure activities, but they also feel pressed by increasing cost of food. The Korea Consumer Agency released the annual report on consumption behaviors among Korean adults for 2013. According to the report, Korean consumers rated their general [...]