South Korea Has The Highest Volume Of Online Shopping Products In The First Quarter.

The 11 street is an online shopping center opened by SK Telecom in Korea. It provides a wide range of products, such as clothing, home appliances, movie music, digital phones, home appliances and so on. South Korea's most popular Korean dress can be seen here. The popularity of Korean derivative products in Asia and around the world has prompted many local shopping websites to launch corresponding English homepages.

The Asian economy reported in May 15th that with the formation of a strong Korean wave like Korean TV dramas and K-POP and so on, all the Korean products derived from Korea have been favored by foreign Korean fans. South Korea's local shopping websites have seen the opportunity to launch the English home market, and sales have soars.

It is reported that there are thousands of suppliers in South Korea's 11 street, so there are tens of thousands of goods on its website. It is a truly large Han Guochao online shopping center. At present, South Korea's 11 Street shopping website has tens of millions of registered members, and its annual sales volume has reached billions of yuan. Moreover, in recent years, sales of South Korea's No. 11 street have risen sharply due to China's huge new force. This is a powerful driving force for the development of South Korea's No. 11 shopping website.

According to industry sources, the popularity of Korean shopping website No. 11 street has been increasing since the launch of the English page in October 2012. The sales performance in the 1-4 months of this year increased by 78% over the same period. American consumers become the main force, accounting for 44%. Followed by China (12%), Australia (6%) and Taiwan (3%). Clothing (45%), cosmetics and accessories (34%) and other Korean products are most popular among foreigners. Children's clothing (10%), digital products (6%), health leisure (2%) and books (2%) followed closely.

The sales performance of Gmarket, the largest comprehensive shopping website in South Korea, has not been surpassed by other websites and has increased significantly. The growth rate of Gmarket sales increased sharply from 18% in 2012 to 32% in 2013. This year, the growth rate in 2013 increased by 10%. Women's wear, cosmetics, shoes, bags, fashion accessories and men's clothing sales are the highest. From the national and regional perspective, China has become the main purchasing force, followed by Russia, Taiwan, China, the United States and Singapore. According to expert analysis, from the transaction amount, the consumption of foreign consumers is two times that of ordinary Korean consumers, more than 220 thousand won (about 1335 yuan). Recently, the relevant departments of South Korea's shopping website survey shows that the catalogue and delivery system are most popular among foreigners.

Korean shopping websites are popular with foreign consumers. Data show that among all foreign consumers, Australian consumers are the largest customers of Korean shopping websites. The number of Australian consumers landing on the Korean shopping website is steadily increasing. It is predicted that this phenomenon will continue for a long time. According to the analysis, low price and quick delivery are the two secrets of Korean shopping websites attracting Australian consumers. The price of goods on street 11 is about 50% lower than that of Australian shopping websites. Because Australia is an island country, the overall price level of industrial products is relatively high, so consumers are keen to shop on Korean websites. Moreover, Australian consumers are far more generous than Korean consumers. The average purchasing power of Australian consumers is 180 thousand won, which is more than 2 times the total average level of 11 Street (84000 won). The distribution service of Korean shopping websites is also superior to that of Australian enterprises. It is reported that GMarket will also open shopping websites on the Australian network to facilitate more consumers.