What is Wemakeprice?
Wemakeprice is a social commerce company that connects buyers and sellers in Korea. The company was founded in 2014 by CEO Park Seung-ho, who also founded the country’s first social-buying website, shop24.com. Wemakeprice has since become one of the leading players in Korean social commerce, connecting buyers and sellers in more than 60 million transactions. The company has built a platform that offers users a range of tools and features to help them make the most of their social commerce experiences. Some of these features include price comparison, product feedback ratings, and community forums. Wemakeprice also offers its users exclusive deals and discounts from top Korean brands.
What is Korean Social Commerce?
Korean Social Commerce (KSC) is a business model that revolves around the use of social media platforms to connect with potential customers. This model differs from traditional marketing methods in that it relies on customer relationship management (CRM) tools to keep track of customer interactions and relay this information back to businesses, allowing businesses to better understand their target market.
KSC has been growing in popularity in Korea over the past few years due to its efficiency and low cost. In 2017, KSC generated an estimated KRW 8 trillion (USD 7.5 billion) in revenue, ranking as the fifth largest e-commerce industry after online shopping, travel, food and beverages.
Despite its increasing popularity, there are still some misconceptions surrounding KSC. Some believe that it is only used by small businesses with limited resources, while others believe that it is only suitable for those who are comfortable using social media platforms. However, the truth is that KSC can be used by any business size and any user level, provided that they have access to the necessary CRM tools.
Why has Korean Social Commerce become so popular?
Well, there are a few reasons why Korean Social Commerce has become so popular.
First, Korean Social Commerce is incredibly user-friendly. Most platforms have very intuitive interfaces that allow users to easily post items, follow other users, and communicate with them. Moreover, most of these platforms also have built-in shopping engines that allow users to buy items from other users without having to leave the platform.
Second, Korean Social Commerce platforms are often free to use. This makes them attractive to a wide range of users, including first-time social commerce participants as well as seasoned ecommerce shoppers. Additionally, many of these platforms offer a variety of features that make it easy for users to sell and buy items. For example, some platforms offer built-in payment systems and shipping options, while others offer support for various currencies and languages.
Finally, Korean Social Commerce platforms often have strong community engagement mechanisms. These mechanisms allow users to interact with one another and learn about new products and services. As a result, Korean Social Commerce platforms tend to be very user-friendly and feature rich, which makes them well suited for both beginner and experienced social commerce participants.
How does Wemakeprice work?
Wemakeprice is a social commerce company that allows users to buy and sell products and services online. The company was founded in 2014 by CEO Seung-keun Park and CTO Ki-Young Kim. Wemakeprice operates a marketplace where users can find and buy products from merchants around the world. The company also offers a loyalty program, which allows users to earn rewards for shopping and referring friends to the site.
Key Features of Wemakeprice
Wemakeprice is a Korean social commerce company that offers users a variety of shopping experiences, including price comparisons, product reviews, and social networking. The company’s mission is to help users discover the best deals and make smarter shopping decisions. The company offers a variety of features, including price comparisons, product reviews, and social networking. Wemakeprice also has a blog section that provides users with information about Korean social commerce and the latest deals from the company.