Overseas Direct Purchase Archives | Be Korea-savvy
Low Prices Drive Interest in Overseas Direct Purchases

Low Prices Drive Interest in Overseas Direct Purchases

SEOUL, Jul. 4 (Korea Bizwire) — Cheaper prices are behind the increasing popularity of direct purchases of foreign merchandise from overseas vendors, according to a survey conducted by the Korea Consumer Agency that queried 1,000 adults over 20 years of age about their shopping habits. Among the respondents, 78.1 percent (multiple answers allowed) said that [...]

S. Koreans Dissatisfied with Overseas Direct Purchase Experience

S. Koreans Dissatisfied with Overseas Direct Purchase Experience

SEOUL, Jun. 13 (Korea Bizwire) — With an increasing number of South Korean consumers opting to make their online purchases thorough overseas websites, complaints related to direct foreign purchases are also on the rise. The Korea Consumer Agency’s Cross Border Transaction Consumer Portal saw a 305 percent rise in complaints last year with 1,463 cases, [...]

Private Shoppers for Overseas Direct Purchase, Social Commerce Earn Low Satisfaction Rates

Private Shoppers for Overseas Direct Purchase, Social Commerce Earn Low Satisfaction Rates

SEOUL, Feb. 28 (Korea Bizwire) – While South Korean Internet shopping mall users expressed high satisfaction rates for sites selling food and books, they gave poor rates to private shopper sites for overseas direct purchase (ODP) and social commerce operators. According to a Seoul Metropolitan Government report released on February 26 that evaluated 100 Internet [...]

Per-person Annual Spending on Overseas Direct Purchase Reaches More Than $800…KCCI

Per-person Annual Spending on Overseas Direct Purchase Reaches More Than $800…KCCI

SEOUL, Oct. 26 (Korea Bizwire) – More and more Korean shoppers are turning away from domestic retailers that charge rip-off prices for some items and instead are flocking to foreign online websites for bargains. For example, a housewife in her late 20s said she likes to shop on Japanese and American retail sites even though she is [...]