91% of Korean Temu Sellers Say Their Business Improved After Joining
Published
A survey has found that Korean sellers who joined Temu, the Chinese online shopping platform, feel their business conditions have improved. According to a report by Fortune Korea, 91% of Korean sellers said their business had improved after joining Temu.
Temu is known in Korea as a platform offering low prices and a wide variety of products. Recently, small and medium-sized domestic sellers have been seeking new sales opportunities through overseas platforms, so these results have drawn attention in the online sales market. Sellers appear to have said that their sales increased after joining or that selling became more convenient.
However, the specific methods of this survey, the number of respondents, and details of the areas that improved have not been disclosed in detail. Therefore, it is difficult to say that this figure represents the situation of all sellers. When joining an overseas platform, it is necessary to also check fees, shipping costs, settlement methods, and similar terms.
The domestic online distribution industry is expected to see continued competition between overseas and domestic platforms. Both sellers and consumers need to watch closely how the platforms change.
Sources: 포춘코리아
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