Overseas Direct Purchase Archives | Be Korea-savvy
Work-Life Balance Policy Changes Drive Overseas Direct Purchasing Trends

Work-Life Balance Policy Changes Drive Overseas Direct Purchasing Trends

SEOUL, Jul. 25 (Korea Bizwire) – Overseas direct purchases are going through a major trend shift as more South Koreans are leaving work early and devoting more time to leisure activities ever since the introduction of the 52-hour workweek policy. South Korean online shopping mall Gmarket reported on Wednesday that overseas direct purchases have increased by 12 [...]

Increasing Popularity of Overseas Direct Purchasing Results in Import of Banned Recalled Products

Increasing Popularity of Overseas Direct Purchasing Results in Import of Banned Recalled Products

SEOUL, May 10 (Korea Bizwire) — As an increasing number of South Korean consumers are engaging in direct purchases overseas, there are also a higher number of products recalled by foreign companies being imported, products that are therefore banned from being distributed in South Korea. While the government bans sales of products placed on recall [...]

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 [...]