, Korea

South Korea’s e-commerce firms expands return services

Shinsegae’s platform saw a 40% sales rise after two-week free return events.

South Korea’s major online shopping malls are fiercely competing to secure regular clients by providing free and easy return services, Korea Bizwire reported.

For instance, Shinsegae TV Shopping introduced a new return service that uses convenience stores as a return channel earlier this month, allowing customers to return items they bought online to neighboring convenience stores without needing to wait at home.

The cocmpany also launched another return service in which it collects items on the same day that customers apply for a return or exchange as long as the request is completed by 5PM.

Other retailers have also launched similar return services. Health and beauty store chain CJ Olive Young expanded its ‘smart return’ service to all 500 of the company’s major stores across the country starting from last month.

Meanwhile, Coupang allows subscribers to its paid Wow membership program to return Rocket Delivery items within 30 days of the purchase date for free, regardless of the reason for the return.

After staging free return events for two weeks from March 30 to April 12 at Shinsegae Department Store Mall, SSG.com saw its sales rise by 40% compared to a year ago.
 

Join Retail Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Hong Kong’s K11 MUSEA bridges art, culture, and retail
Visitors find top-tier brands and museum-grade art pieces at the cultural-retail landmark.
Meta is investing big in business messaging
Companies can boost sales by reaching more customers on Messenger, Instagram and WhatsApp.
MINISO opens biggest global store in Jakarta
The Chinese retailer aims to hit 1,000 stores in the next five years from about 300 now.